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Some Homebuyers Get a Second Chance

As more contracts fail to close, some frustrated buyers who didn’t win the bid are receiving a call a week or more later: Do they still want the home? ....

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First-time homebuyers are getting a second chance on first choice.

Homebuyers are canceling contracts as interest rates rise, giving-once rejected purchasers another chance at that home they wanted all along. ....

New York , United States , Richmond County , West Hampton , Des Moines , Freddie Mac , Jerome Powell , Kristina Odonnell , Kevin Lowrieand Matthew Hambletonthought , Ben Jasek , Duggan Macdonald , Jeff Taylor , Jessica Lautz , Ryan Mclaughlin , Northern Virginia Association Of Realtors , Digital Risk , National Association Of Realtor , Bureau Of Labor Statistics , Mortgage Bankers Association , Federal Reserve , Fed Reserve Chair Jerome Powell , National Association , Georgia Richmond County , Northern Virginia Association , Smoky Mountains , Great Recession ,