Redfin: 13.7% of Home-Sale Agreements Fell Through in February

Redfin, Seattle, found 42,000 U.S. home-sale agreements fell through in February, equal to about 13.7% of homes that went under contract that month. That’s a record for February in data going back to 2017.

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.