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 Predicts a ‘Reset’ in 2026

Redfin, Seattle, predicts a “Great Housing Reset” will begin in 2026–a phenomenon it defines as a “years-long period of gradual increases in home sales and normalization of prices as affordability gradually improves.”

Redfin: Home Purchase Cancellations Jump in July

Redfin, Seattle, reported 58,000 home-purchase agreements were canceled in July, roughly 15.3% of homes that went under contract. That’s the highest July rate for cancellations in records going back to 2017.