Redfin: All-Cash Purchases Drop in December

Redfin, Seattle, released a new report finding that only 29% of homes were bought with cash in December, down from 30.3% a year earlier. That’s also the lowest December share since 2020.

Redfin: December Homebuyer Cancellations at Record High

Redfin, Seattle, found in a new analysis that more than 40,000 home-purchase agreements were canceled in December, equal to 16.3% of homes that went under contract in the month.