{"id":1425,"date":"2022-12-06T20:21:00","date_gmt":"2022-12-06T20:21:00","guid":{"rendered":"https:\/\/teamhoffmann.info\/blog\/2022\/12\/60k-real-estate-deals-called-off-in-september-2022\/"},"modified":"2026-07-15T15:10:36","modified_gmt":"2026-07-15T15:10:36","slug":"60k-real-estate-deals-called-off-in-september-2022","status":"publish","type":"post","link":"https:\/\/teamhoffmann.info\/blog\/2022\/12\/60k-real-estate-deals-called-off-in-september-2022\/","title":{"rendered":"60K real estate deals called off in September 2022"},"content":{"rendered":"<p>&nbsp;<\/p>\n<div class=\"separator\" style=\"clear: both;text-align: center\"><a href=\"https:\/\/teamhoffmann.info\/october22\/assets\/images\/pending-696x391.png\" style=\"margin-left: 1em;margin-right: 1em\"><img loading=\"lazy\" decoding=\"async\" border=\"0\" data-original-height=\"391\" data-original-width=\"696\" height=\"225\" src=\"https:\/\/teamhoffmann.info\/october22\/assets\/images\/pending-696x391.png\" width=\"400\" \/><\/a><\/div>\n<div class=\"separator\" style=\"clear: both;text-align: left\"><\/div>\n<\/p>\n<div class=\"separator\" style=\"clear: both;text-align: left\"><span style=\"font-family: arial\">Red-hot mortgage rates are giving home buyers and sellers cold feet. About 17% of homes that went under contract with real estate brokerage Redfin last month were called off.<\/span><\/div>\n<div class=\"separator\" style=\"clear: both;text-align: center\">\n<div class=\"separator\" style=\"clear: both;text-align: left\"><span style=\"font-family: arial\"><br \/><\/span><\/div>\n<div class=\"separator\" style=\"clear: both;text-align: left\"><span style=\"font-family: arial\">The technology-powered real estate firm reported that approximately 60,000 deals fell through in September, marking the &#8220;highest share on record aside from March 2020,&#8221; the same month the World Health Organization declared the coronavirus pandemic.<\/span><\/div>\n<div class=\"separator\" style=\"clear: both;text-align: left\"><span style=\"font-family: arial\"><br \/><\/span><\/div>\n<div class=\"separator\" style=\"clear: both;text-align: left\"><span style=\"font-family: arial\">Redfin Economics Research Lead Chen Zhao said the housing market is at &#8220;another standstill&#8221; although it&#8217;s completely different from the early days of the pandemic.&nbsp;<\/span><a href=\"https:\/\/www.foxbusiness.com\/real-estate\/60k-real-estate-deals-called-off-september\" style=\"font-family: &quot;Open Sans&quot;, sans-serif;font-size: 19.2px\" target=\"_blank\">READ MORE<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Red-hot mortgage rates are giving home buyers and sellers cold feet. About 17% of homes that went under contract with real estate brokerage Redfin last month were called off. The technology-powered real estate firm reported that approximately 60,000 deals fell through in September, marking the &#8220;highest share on record aside from March 2020,&#8221; the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"pagelayer_contact_templates":[],"_pagelayer_content":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-1425","post","type-post","status-publish","format-standard","hentry","category-real-estate","entry"],"_links":{"self":[{"href":"https:\/\/teamhoffmann.info\/blog\/wp-json\/wp\/v2\/posts\/1425","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/teamhoffmann.info\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/teamhoffmann.info\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/teamhoffmann.info\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/teamhoffmann.info\/blog\/wp-json\/wp\/v2\/comments?post=1425"}],"version-history":[{"count":1,"href":"https:\/\/teamhoffmann.info\/blog\/wp-json\/wp\/v2\/posts\/1425\/revisions"}],"predecessor-version":[{"id":1426,"href":"https:\/\/teamhoffmann.info\/blog\/wp-json\/wp\/v2\/posts\/1425\/revisions\/1426"}],"wp:attachment":[{"href":"https:\/\/teamhoffmann.info\/blog\/wp-json\/wp\/v2\/media?parent=1425"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/teamhoffmann.info\/blog\/wp-json\/wp\/v2\/categories?post=1425"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/teamhoffmann.info\/blog\/wp-json\/wp\/v2\/tags?post=1425"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}