Homebuyer Cancellations Spike, New Price Forecast Shows Slow 2026
On The Market
BiggerPockets
4.8 • 859 Ratings
🗓️ 21 October 2025
⏱️ 38 minutes
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| 0:00.0 | More buyers are canceling their contracts right now, which is a little bit scary for sellers, |
| 0:05.9 | but presents a big opportunity for buyers. Moody's analytics just released their long-range |
| 0:12.5 | housing price forecast, and we've got frauds on the rise in real estate that you need to keep |
| 0:18.0 | an eye out for. This and more on today's episode of On the Market. |
| 0:26.8 | Hey everyone, welcome to On the Market. I'm Dave Meyer, joined today by Kathy Fecky, Henry |
| 0:32.3 | Washington, and James Danard back together after all being together in person at BPCon. It was so nice to see |
| 0:39.3 | all of you. Kathy, I recorded last week, but I gave you credit for starting a 2,000 person dance |
| 0:45.2 | party by yourself at the club the last night in Vegas. So thank you for doing that. It really |
| 0:50.0 | ended the conference on a bang. Oh my gosh. I had the best time ever and I just was sad the next day |
| 0:57.5 | when it was all over and I missed you guys. It was good. Well, it was a great time. So it was great to see |
| 1:03.5 | you all in person and hope to see more of the on the market community in person at the next |
| 1:08.1 | Bigger Pockets event, whether it's BPCon or one of these small local events |
| 1:11.2 | that we're talking more about doing in the near future. Today, we're going through headlines. |
| 1:15.5 | We're going to talk about buyers canceling deals. We'll talk about the long term. I'm talking |
| 1:20.1 | 10-year forecasts for the housing market. A couple of instances of fraud that investors need to look |
| 1:26.5 | out for and more. Let's jump into it. James, |
| 1:30.2 | start us off. What do you got for us? All right. My news article, cancellation rates hits record |
| 1:35.7 | high in 2025. 56,000 U.S. purchase agreements were canceled, which are 15.1% of the homes that were under contract. |
| 1:46.3 | So people are bailing off of their deals. And the rate before in 2024 is at 14.3%. So we're really |
| 1:55.8 | only up 1%. But we are seeing as someone that's in the market doing a lot of deals right now, there is a ton of deals getting canceled. |
| 2:04.2 | And I think this is really important for all investors right now as they go to sell anything to take the time and make sure that your deal doesn't fall apart. |
| 2:13.6 | When you have a market that is very low transactional, right? |
... |
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