Homebuyers are backing out of deals at the fastest pace in nearly a decade
A “sale pending” sign in front of a home for sale in Larkspur, California, Nov. 30, 2023. Justin Sullivan | Getty Images Serious headwinds in the housing market and the broader economy are tanking home sales at an alarming rate. More than 40,000 signed home purchase agreements were canceled in December, representing 16.3% of all…