{"id":3418,"date":"2022-08-17T16:32:26","date_gmt":"2022-08-17T16:32:26","guid":{"rendered":"https:\/\/preprod.realtrends.com\/blog\/2022\/08\/17\/homebuyers-are-increasingly-backing-out-of-deals\/"},"modified":"2025-03-13T02:46:18","modified_gmt":"2025-03-13T02:46:18","slug":"homebuyers-are-increasingly-backing-out-of-deals","status":"publish","type":"post","link":"https:\/\/preprod.realtrends.com\/blog\/2022\/08\/17\/homebuyers-are-increasingly-backing-out-of-deals\/","title":{"rendered":"Homebuyers are increasingly backing out of deals"},"content":{"rendered":"\n<p>Pending home sales are being canceled at a higher rate as prospective homebuyers grapple with <a href=\"https:\/\/preprod.realtrends.com\/blog\/articles\/these-are-the-most-affordable-housing-markets-in-the-country\/\" target=\"_blank\" rel=\"noreferrer noopener\">affordability issues<\/a> and use the <a href=\"https:\/\/preprod.realtrends.com\/blog\/articles\/the-shift-larry-kendall-on-how-brokers-can-help-agents-navigate-market-changes\/\" target=\"_blank\" rel=\"noreferrer noopener\">shifting market conditions<\/a> to increase their bargaining power, according to a <strong>Redfin<\/strong> <a href=\"https:\/\/www.redfin.com\/news\/home-purchases-fall-through-july-2022\/\" target=\"_blank\" rel=\"noreferrer noopener\">report<\/a> released on Tuesday.<\/p>\n\n\n\n<p>The analysis found that roughly 63,000 deal under contract fell through in July nationwide. This is equivalent to 16.1% of the homes that went under contract that month and represents the highest percentage in Redfin\u2019s records which go back to 2017, with the exception of March and April 2020 at the onset of the COVID-19 pandemic.<\/p>\n\n\n\n<p>In comparison, the share of homes that fell out of contract was 15% in <a href=\"https:\/\/preprod.realtrends.com\/blog\/articles\/buyers-are-canceling-deals-amid-housing-market-volatility\/\" target=\"_blank\" rel=\"noreferrer noopener\">June<\/a> and 12.5% a year prior.<\/p>\n\n\n\n<p>Redfin attributes the increased share of homes falling out of contract to higher <a href=\"https:\/\/preprod.housingwire.com\/articles\/purchase-mortgage-rates-are-back-above-5\/\" target=\"_blank\" rel=\"noreferrer noopener\">mortgage rates<\/a>, which have caused monthly mortgage payments to rise nearly 40% year over year, sidelining some prospective homebuyers and the hastening the decline in <a href=\"https:\/\/preprod.realtrends.com\/blog\/articles\/number-of-new-listings-drops-but-inventory-is-climbing\/\" target=\"_blank\" rel=\"noreferrer noopener\">homebuyer competition<\/a>, which has given buyers in some metros a bit of bargaining power. In addition, as the market has cooled, buyers are again including contingencies in their offers, making them more likely to back out of a deal if something comes up on the home inspection.<\/p>\n\n\n\n<p>\u201cHomes are sitting on the market&nbsp;<a href=\"https:\/\/www.redfin.com\/news\/homes-stale-housing-inventory-july-2022\/\" target=\"_blank\" rel=\"noreferrer noopener\">longer<\/a>&nbsp;now, so buyers realize they have more options and more room to negotiate. They\u2019re asking for repairs, concessions and contingencies, and if sellers say no, they\u2019re backing out and moving on because they\u2019re confident they can find something better,\u201d Heather Kruayai, a Jacksonville, Florida-based Redfin agent, said in a statement.<\/p>\n\n\n\n<p>Kruayai\u2019s market of Jacksonville has the highest number of purchase agreement called off out of the 93 metro areas in the Redfin analysis. &nbsp;In July, roughly 800 agreements or 29.3% of homes that went under contract in Jacksonville fell through.<\/p>\n\n\n\n<p>Jacksonville was joined by five other Florida metros, Lackland (26.2%), Orlando (24.5%), Palm Bay (24.5%), Deltona (24%), and Pensacola (23.6%), as well as Las Vegas (27.4%), New Orleans (25.9%), San Antonio (25%), and Atlanta (23.7%) in the top-10.<\/p>\n\n\n\n<p>Redfin attributes the high share of called off contracts in Florida to the state\u2019s <a href=\"https:\/\/preprod.realtrends.com\/blog\/articles\/home-price-appreciation-slows-in-june\/\" target=\"_blank\" rel=\"noreferrer noopener\">high price growth<\/a>, which has caused competition to slow even further as mortgage rates have risen.<\/p>\n\n\n\n<p>Another Jacksonville-based agent Alexis Malin, said that she has seen some homebuyers back out of deals or pause their home search, as they believe home prices will drop back down, but she notes that this does not look likely.<\/p>\n\n\n\n<p>\u201cSome buyers who are backing out of deals have this mindset that the market is crashing and they\u2019ll be able to get a home for $100,000 less in six months. That\u2019s not necessarily the case,\u201d Malin said. \u201cHomes in many parts of Florida are still selling for a pretty penny, so I warn my buyers that the grass might not actually be greener on the other side.\u201d<\/p>\n\n\n\n<p>At the other end of the spectrum, Newark, New Jersey had the lowest rate of deal cancellations, with about 75 agreements falling rough in July, representing 2.7% of all homes that went under contract. Omaha, Nebraska (4.9%), Nassau County, New York (5.9%), Rochester, New York (6.9%) and New York, New York (7.1%) all had the next lowest cancellation rates.<\/p>\n\n\n\n<p>Agents say they are advising sellers to make sure their homes are in top condition and stand out from any competition, as it is now more likely that buyers may back out of a deal.<\/p>\n\n\n\n<p>\u201cHome-purchase cancellations may begin to taper off as sellers get used to a slower-paced market,\u201d Taylor Marr, Redfin\u2019s deputy chief economist, said in a statement. \u201cSellers have already begun to&nbsp;<a href=\"https:\/\/www.redfin.com\/news\/price-drops-cooling-market-june-2022\/\" target=\"_blank\" rel=\"noreferrer noopener\">lower<\/a>&nbsp;their prices<em>&nbsp;<\/em>after&nbsp;putting their homes on the market. They\u2019ll likely start pricing their properties lower from the get-go and become increasingly open to negotiations.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>More homebuyers backed out of purchase agreements in July, as mortgage rates rose and demand cooled, giving buyers bargaining power.<\/p>\n","protected":false},"author":34740,"featured_media":4822,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3255],"tags":[],"coauthors":[1760],"class_list":["post-3418","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-archive"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.4 (Yoast SEO v26.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Homebuyers are increasingly backing out of deals - RealTrends - Blog<\/title>\n<meta name=\"description\" content=\"More homebuyers backed out of purchase agreements in July, as mortgage rates rose and demand cooled, giving buyers bargaining power.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/preprod.realtrends.com\/blog\/2022\/08\/17\/homebuyers-are-increasingly-backing-out-of-deals\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Homebuyers are increasingly backing out of deals\" \/>\n<meta property=\"og:description\" content=\"More homebuyers backed out of purchase agreements in July, as mortgage rates rose and demand cooled, giving buyers bargaining power.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/preprod.realtrends.com\/blog\/2022\/08\/17\/homebuyers-are-increasingly-backing-out-of-deals\/\" \/>\n<meta property=\"og:site_name\" content=\"RealTrends - Blog\" \/>\n<meta property=\"og:image\" content=\"https:\/\/preprod.realtrends.com\/blog\/wp-content\/uploads\/sites\/9\/2025\/03\/9ced5ef4-69ab-4ba7-a7cd-ec49be7b274d.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Brooklee Han\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Brooklee Han\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/preprod.realtrends.com\/blog\/2022\/08\/17\/homebuyers-are-increasingly-backing-out-of-deals\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/preprod.realtrends.com\/blog\/2022\/08\/17\/homebuyers-are-increasingly-backing-out-of-deals\/\"},\"author\":{\"name\":\"Brooklee Han\",\"@id\":\"https:\/\/preprod.realtrends.com\/blog\/#\/schema\/person\/2b55f26feb7e41850f027ef471162adb\"},\"headline\":\"Homebuyers are increasingly backing out of deals\",\"datePublished\":\"2022-08-17T16:32:26+00:00\",\"dateModified\":\"2025-03-13T02:46:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/preprod.realtrends.com\/blog\/2022\/08\/17\/homebuyers-are-increasingly-backing-out-of-deals\/\"},\"wordCount\":616,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/preprod.realtrends.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/preprod.realtrends.com\/blog\/2022\/08\/17\/homebuyers-are-increasingly-backing-out-of-deals\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/preprod.realtrends.com\/blog\/wp-content\/uploads\/sites\/9\/2025\/03\/9ced5ef4-69ab-4ba7-a7cd-ec49be7b274d.png\",\"articleSection\":[\"Archive\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/preprod.realtrends.com\/blog\/2022\/08\/17\/homebuyers-are-increasingly-backing-out-of-deals\/#respond\"]}],\"isAccessibleForFree\":\"False\",\"hasPart\":{\"@type\":\"WebPageElement\",\"isAccessibleForFree\":\"False\",\"cssSelector\":\".wp-block-housingwire-piano-member\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/preprod.realtrends.com\/blog\/2022\/08\/17\/homebuyers-are-increasingly-backing-out-of-deals\/\",\"url\":\"https:\/\/preprod.realtrends.com\/blog\/2022\/08\/17\/homebuyers-are-increasingly-backing-out-of-deals\/\",\"name\":\"Homebuyers are increasingly backing out of deals - RealTrends - Blog\",\"isPartOf\":{\"@id\":\"https:\/\/preprod.realtrends.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/preprod.realtrends.com\/blog\/2022\/08\/17\/homebuyers-are-increasingly-backing-out-of-deals\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/preprod.realtrends.com\/blog\/2022\/08\/17\/homebuyers-are-increasingly-backing-out-of-deals\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/preprod.realtrends.com\/blog\/wp-content\/uploads\/sites\/9\/2025\/03\/9ced5ef4-69ab-4ba7-a7cd-ec49be7b274d.png\",\"datePublished\":\"2022-08-17T16:32:26+00:00\",\"dateModified\":\"2025-03-13T02:46:18+00:00\",\"description\":\"More homebuyers backed out of purchase agreements in July, as mortgage rates rose and demand cooled, giving buyers bargaining power.\",\"breadcrumb\":{\"@id\":\"https:\/\/preprod.realtrends.com\/blog\/2022\/08\/17\/homebuyers-are-increasingly-backing-out-of-deals\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/preprod.realtrends.com\/blog\/2022\/08\/17\/homebuyers-are-increasingly-backing-out-of-deals\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/preprod.realtrends.com\/blog\/2022\/08\/17\/homebuyers-are-increasingly-backing-out-of-deals\/#primaryimage\",\"url\":\"https:\/\/preprod.realtrends.com\/blog\/wp-content\/uploads\/sites\/9\/2025\/03\/9ced5ef4-69ab-4ba7-a7cd-ec49be7b274d.png\",\"contentUrl\":\"https:\/\/preprod.realtrends.com\/blog\/wp-content\/uploads\/sites\/9\/2025\/03\/9ced5ef4-69ab-4ba7-a7cd-ec49be7b274d.png\",\"width\":1200,\"height\":675,\"caption\":\"9ced5ef4-69ab-4ba7-a7cd-ec49be7b274d\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/preprod.realtrends.com\/blog\/2022\/08\/17\/homebuyers-are-increasingly-backing-out-of-deals\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/preprod.realtrends.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Homebuyers are increasingly backing out of deals\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/preprod.realtrends.com\/blog\/#website\",\"url\":\"https:\/\/preprod.realtrends.com\/blog\/\",\"name\":\"RealTrends - Blog\",\"description\":\"Empowering Real Estate Decisions with Trusted Insights.\",\"publisher\":{\"@id\":\"https:\/\/preprod.realtrends.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/preprod.realtrends.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/preprod.realtrends.com\/blog\/#organization\",\"name\":\"RealTrends - Blog\",\"url\":\"https:\/\/preprod.realtrends.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/preprod.realtrends.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/preprod.realtrends.com\/blog\/wp-content\/uploads\/sites\/9\/2025\/03\/cropped-RTV_Horizontal_logo_Blue.png\",\"contentUrl\":\"https:\/\/preprod.realtrends.com\/blog\/wp-content\/uploads\/sites\/9\/2025\/03\/cropped-RTV_Horizontal_logo_Blue.png\",\"width\":2321,\"height\":227,\"caption\":\"RealTrends - Blog\"},\"image\":{\"@id\":\"https:\/\/preprod.realtrends.com\/blog\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/preprod.realtrends.com\/blog\/#\/schema\/person\/2b55f26feb7e41850f027ef471162adb\",\"name\":\"Brooklee Han\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/preprod.realtrends.com\/blog\/#\/schema\/person\/image\/32219623db9d2d4db9203abe5efa70f4\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/ad31124eb4228b414404d044691bdc4dcbf5a47c058c3cbe3ee0bfffac4af760?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/ad31124eb4228b414404d044691bdc4dcbf5a47c058c3cbe3ee0bfffac4af760?s=96&d=mm&r=g\",\"caption\":\"Brooklee Han\"},\"description\":\"Brooklee Han is a real estate reporter focused on the real estate agent experience and the title insurance industry. Before joining HousingWire, Han was an international figure skater representing Australia at the 2014 Winter Olympics.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/brookleeathan\/\"],\"url\":\"https:\/\/preprod.realtrends.com\/blog\/author\/brooklee-han\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Homebuyers are increasingly backing out of deals - RealTrends - Blog","description":"More homebuyers backed out of purchase agreements in July, as mortgage rates rose and demand cooled, giving buyers bargaining power.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/preprod.realtrends.com\/blog\/2022\/08\/17\/homebuyers-are-increasingly-backing-out-of-deals\/","og_locale":"en_US","og_type":"article","og_title":"Homebuyers are increasingly backing out of deals","og_description":"More homebuyers backed out of purchase agreements in July, as mortgage rates rose and demand cooled, giving buyers bargaining power.","og_url":"https:\/\/preprod.realtrends.com\/blog\/2022\/08\/17\/homebuyers-are-increasingly-backing-out-of-deals\/","og_site_name":"RealTrends - Blog","og_image":[{"width":1200,"height":675,"url":"https:\/\/preprod.realtrends.com\/blog\/wp-content\/uploads\/sites\/9\/2025\/03\/9ced5ef4-69ab-4ba7-a7cd-ec49be7b274d.png","type":"image\/png"}],"author":"Brooklee Han","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Brooklee Han","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/preprod.realtrends.com\/blog\/2022\/08\/17\/homebuyers-are-increasingly-backing-out-of-deals\/#article","isPartOf":{"@id":"https:\/\/preprod.realtrends.com\/blog\/2022\/08\/17\/homebuyers-are-increasingly-backing-out-of-deals\/"},"author":{"name":"Brooklee Han","@id":"https:\/\/preprod.realtrends.com\/blog\/#\/schema\/person\/2b55f26feb7e41850f027ef471162adb"},"headline":"Homebuyers are increasingly backing out of deals","datePublished":"2022-08-17T16:32:26+00:00","dateModified":"2025-03-13T02:46:18+00:00","mainEntityOfPage":{"@id":"https:\/\/preprod.realtrends.com\/blog\/2022\/08\/17\/homebuyers-are-increasingly-backing-out-of-deals\/"},"wordCount":616,"commentCount":0,"publisher":{"@id":"https:\/\/preprod.realtrends.com\/blog\/#organization"},"image":{"@id":"https:\/\/preprod.realtrends.com\/blog\/2022\/08\/17\/homebuyers-are-increasingly-backing-out-of-deals\/#primaryimage"},"thumbnailUrl":"https:\/\/preprod.realtrends.com\/blog\/wp-content\/uploads\/sites\/9\/2025\/03\/9ced5ef4-69ab-4ba7-a7cd-ec49be7b274d.png","articleSection":["Archive"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/preprod.realtrends.com\/blog\/2022\/08\/17\/homebuyers-are-increasingly-backing-out-of-deals\/#respond"]}],"isAccessibleForFree":"False","hasPart":{"@type":"WebPageElement","isAccessibleForFree":"False","cssSelector":".wp-block-housingwire-piano-member"}},{"@type":"WebPage","@id":"https:\/\/preprod.realtrends.com\/blog\/2022\/08\/17\/homebuyers-are-increasingly-backing-out-of-deals\/","url":"https:\/\/preprod.realtrends.com\/blog\/2022\/08\/17\/homebuyers-are-increasingly-backing-out-of-deals\/","name":"Homebuyers are increasingly backing out of deals - RealTrends - Blog","isPartOf":{"@id":"https:\/\/preprod.realtrends.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/preprod.realtrends.com\/blog\/2022\/08\/17\/homebuyers-are-increasingly-backing-out-of-deals\/#primaryimage"},"image":{"@id":"https:\/\/preprod.realtrends.com\/blog\/2022\/08\/17\/homebuyers-are-increasingly-backing-out-of-deals\/#primaryimage"},"thumbnailUrl":"https:\/\/preprod.realtrends.com\/blog\/wp-content\/uploads\/sites\/9\/2025\/03\/9ced5ef4-69ab-4ba7-a7cd-ec49be7b274d.png","datePublished":"2022-08-17T16:32:26+00:00","dateModified":"2025-03-13T02:46:18+00:00","description":"More homebuyers backed out of purchase agreements in July, as mortgage rates rose and demand cooled, giving buyers bargaining power.","breadcrumb":{"@id":"https:\/\/preprod.realtrends.com\/blog\/2022\/08\/17\/homebuyers-are-increasingly-backing-out-of-deals\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/preprod.realtrends.com\/blog\/2022\/08\/17\/homebuyers-are-increasingly-backing-out-of-deals\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/preprod.realtrends.com\/blog\/2022\/08\/17\/homebuyers-are-increasingly-backing-out-of-deals\/#primaryimage","url":"https:\/\/preprod.realtrends.com\/blog\/wp-content\/uploads\/sites\/9\/2025\/03\/9ced5ef4-69ab-4ba7-a7cd-ec49be7b274d.png","contentUrl":"https:\/\/preprod.realtrends.com\/blog\/wp-content\/uploads\/sites\/9\/2025\/03\/9ced5ef4-69ab-4ba7-a7cd-ec49be7b274d.png","width":1200,"height":675,"caption":"9ced5ef4-69ab-4ba7-a7cd-ec49be7b274d"},{"@type":"BreadcrumbList","@id":"https:\/\/preprod.realtrends.com\/blog\/2022\/08\/17\/homebuyers-are-increasingly-backing-out-of-deals\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/preprod.realtrends.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Homebuyers are increasingly backing out of deals"}]},{"@type":"WebSite","@id":"https:\/\/preprod.realtrends.com\/blog\/#website","url":"https:\/\/preprod.realtrends.com\/blog\/","name":"RealTrends - Blog","description":"Empowering Real Estate Decisions with Trusted Insights.","publisher":{"@id":"https:\/\/preprod.realtrends.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/preprod.realtrends.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/preprod.realtrends.com\/blog\/#organization","name":"RealTrends - Blog","url":"https:\/\/preprod.realtrends.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/preprod.realtrends.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/preprod.realtrends.com\/blog\/wp-content\/uploads\/sites\/9\/2025\/03\/cropped-RTV_Horizontal_logo_Blue.png","contentUrl":"https:\/\/preprod.realtrends.com\/blog\/wp-content\/uploads\/sites\/9\/2025\/03\/cropped-RTV_Horizontal_logo_Blue.png","width":2321,"height":227,"caption":"RealTrends - Blog"},"image":{"@id":"https:\/\/preprod.realtrends.com\/blog\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/preprod.realtrends.com\/blog\/#\/schema\/person\/2b55f26feb7e41850f027ef471162adb","name":"Brooklee Han","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/preprod.realtrends.com\/blog\/#\/schema\/person\/image\/32219623db9d2d4db9203abe5efa70f4","url":"https:\/\/secure.gravatar.com\/avatar\/ad31124eb4228b414404d044691bdc4dcbf5a47c058c3cbe3ee0bfffac4af760?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ad31124eb4228b414404d044691bdc4dcbf5a47c058c3cbe3ee0bfffac4af760?s=96&d=mm&r=g","caption":"Brooklee Han"},"description":"Brooklee Han is a real estate reporter focused on the real estate agent experience and the title insurance industry. Before joining HousingWire, Han was an international figure skater representing Australia at the 2014 Winter Olympics.","sameAs":["https:\/\/www.linkedin.com\/in\/brookleeathan\/"],"url":"https:\/\/preprod.realtrends.com\/blog\/author\/brooklee-han\/"}]}},"jetpack_featured_media_url":"https:\/\/preprod.realtrends.com\/blog\/wp-content\/uploads\/sites\/9\/2025\/03\/9ced5ef4-69ab-4ba7-a7cd-ec49be7b274d.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/preprod.realtrends.com\/blog\/wp-json\/wp\/v2\/posts\/3418","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/preprod.realtrends.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/preprod.realtrends.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/preprod.realtrends.com\/blog\/wp-json\/wp\/v2\/users\/34740"}],"replies":[{"embeddable":true,"href":"https:\/\/preprod.realtrends.com\/blog\/wp-json\/wp\/v2\/comments?post=3418"}],"version-history":[{"count":1,"href":"https:\/\/preprod.realtrends.com\/blog\/wp-json\/wp\/v2\/posts\/3418\/revisions"}],"predecessor-version":[{"id":8113,"href":"https:\/\/preprod.realtrends.com\/blog\/wp-json\/wp\/v2\/posts\/3418\/revisions\/8113"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/preprod.realtrends.com\/blog\/wp-json\/wp\/v2\/media\/4822"}],"wp:attachment":[{"href":"https:\/\/preprod.realtrends.com\/blog\/wp-json\/wp\/v2\/media?parent=3418"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/preprod.realtrends.com\/blog\/wp-json\/wp\/v2\/categories?post=3418"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/preprod.realtrends.com\/blog\/wp-json\/wp\/v2\/tags?post=3418"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/preprod.realtrends.com\/blog\/wp-json\/wp\/v2\/coauthors?post=3418"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}