15% of home purchases fell through in July – the highest for that month on record 📊
Why does that matter now? Because it reflects a bigger shift that carried into this fall: homes are taking longer to sell, buyers are gaining leverage, and more sellers are making concessions to get deals done.
That’s why buyers are asking sharper questions up front, like:
– What’s the typical monthly cost to run this home?
– How old are the major systems (roof, HVAC, water heater)?
– Are there any concessions or incentives being offered?
The market has tilted. Buyers who dig deeper and clarify the details are the ones turning that leverage into successful closings.
#homebuyingtips #realestateinsights #buyersquestions
