There’s nothing quite like the excitement of getting an offer on your house. You’re one step closer to moving on to what’s next. But what happens if that buyer backs out or ghosts you before closing?If you’ve been seeing headlines about more home sales falling through lately, that possibility may be keeping you up at night. And it’s true. According to Redfin and Cotality, canceled contracts have been on the rise.But here’s what those headlines don’t always tell you…Most sales still go through. Only 10-15% hit this snag. And even so, there are things you can do to help keep your sale from becoming one of them.The key is knowing what tends to scare buyers away and getting ahead of those issues before they have a chance to derail your move.What’s Behind the Rise in Canceled Contracts?Today’s buyers are being more cautious. Mortgage rates are stretching budgets, and with more homes to choose from, buyers have more freedom to walk away if something doesn’t feel right. As Redfin explains:

“That gives house hunters more options and makes them more likely to walk away if an inspection uncovers problems, an appraisal comes in low or the seller doesn’t agree to concessions.”

That’s why an accepted offer isn’t always a guaranteed sale. But it doesn’t mean you should be afraid to put your house on the market, either.It just means getting ahead of potential problems matters more than ever.3 Things That Can Scare Off a Buyer (and How To Get Ahead of Them)A Redfin survey asked real estate agents why some buyers are backing out. And their answers give you a short of cheatsheet into what could go sideways and how you can get ahead of those headaches (see graph below):1. Inspection or repair issues (70.4%)This is the big one. And the good news? It’s also one of the areas where you can be the most proactive.One simple way to head this off is by getting a pre-listing inspection before your house goes on the market. That way, if something needs attention, you can decide whether to fix it upfront (before you sell), adjust your price, or disclose it and come in already prepared for what’s likely to pop up in negotiations. It’s a lot better to find the skeletons in the closet before a buyer does.2. Buyer financing falls through (27.8%)Even buyers who are pre-approved can run into financing issues before closing. And with mortgage rates putting extra pressure on affordability, some buyers are finding it harder to make the numbers work.While you can’t control whether a buyer’s loan goes through, you can work with your agent to look closely at their financing before accepting an offer. And if affordability is the concern, your agent can help you explore whether incentives like closing cost credits or a mortgage-rate buydown could make a difference.3. The buyer can’t sell their current home (21%)Sometimes, your buyer needs to sell their house before they can buy yours. And if their sale falls through, yours could be affected too.That’s why it’s important to understand any home-sale contingencies before accepting an offer. Your agent can help you look at where the buyer is in their own selling process and what protections you may want in place.The goal isn’t to eliminate every possible risk. It’s to avoid being caught off guard by the ones you can plan for.Don’t Let the What-Ifs Keep You Up at Night Just remember when you read headlines about canceled deals, they don’t give you the full picture. Most home sales still make it to closing.And if a sale does fall through, that doesn’t automatically mean your house won’t sell. Sometimes a buyer’s circumstances change. Sometimes an issue comes up that can be addressed before the next offer.What matters is having an agent who knows how to spot potential problems early, help you navigate negotiations, and keep your sale moving forward.Because while you can’t control every twist and turn, you can control how prepared you are.Bottom LineThere’s no need to let the fear of a buyer backing out hold you back. While no sale comes with guarantees, a little preparation upfront can go a long way toward making the whole process smoother.If you’re ready to make a move, talk to a local agent about whether a pre-listing inspection makes sense for you.

Ryan Serhant, CEO of SERHANT, says there isn’t just 1 housing market right now. There are really 4: cash buyers, buyers who need a mortgage, homeowners with low mortgage rates, and builders. Today, let’s zoom in on the 1st group – cash buyers.According to the National Association of Realtors (NAR), 27% of homes sold in September were bought with all cash. That’s more than 1 in 4 buyers. And that’s a pretty big number, especially when so many people are struggling with affordability.So where is all that cash coming from? When you hear a number like that, it’s easy to picture wealthy investors buying up houses left and right. But that’s not necessarily the case. Some of those cash buyers are actually homeowners who’ve built up enough equity to buy their next home outright.Here’s what you should know about who’s paying cash and what that really means for the market.Who’s Paying Cash?Cash buyers tend to fall into a few groups, according to NAR:Homeowners who sold a house and are using that money to buy their next onePeople buying a 2nd homeInvestorsSo, it’s not all those big investors social media talks about. That 1st group may include people a lot more like you. Here’s how. According to Cotality, the average homeowner with a mortgage has about $310,000 in equity.That’s a big deal right now. Many homeowners feel stuck because they don’t want to give up the low mortgage rate they have today. But once they learn they may have enough equity to move and pay cash for their next home, today’s rates don’t matter nearly as much. Because buying in all cash means…No monthly mortgage paymentNo need to borrow at today’s mortgage ratesNo loan approval process, so you may be able to close fasterAnd even if the equity won’t cover the whole purchase, putting more of it toward the next home means borrowing less. That can mean a smaller monthly payment, too.But cash buyers like this are more common in some places than others. And how big of a segment of your local market this is, is going to depend on where you live.For example, Realtor.com data shows cash buyers made up almost 47% of sales in Mississippi and 46% in Montana earlier this year (see map below).Where does your state fall?According to Realtor.com, the states with the most cash buyers reflect “a mix of affordability, wealth and buyer demographics.” Think places with lower home prices, or lots of retirees and 2nd-home buyers.So, depending on where you live, you may see a lot more (or a lot fewer) cash buyers than the national number suggests. An agent who knows your area can tell you who’s actually buying near you.Most Buyers Are Still Using a MortgageAnd if all of this has you thinking everyone’s paying cash, they’re not. If you’re planning to buy and need a mortgage, you’re actually in the majority.Based on NAR’s numbers, nearly 3 out of 4 home purchases still involve financing. And for homes priced between $200,000 and $750,000, only about 1 in 5 sold for cash, according to Realtor.com (see graph below):That means most people buying in that price range are financing their purchase, too. So, there’s no need to assume you’re at a disadvantage just because you’re using a loan.Cash Buyers and Your MoveSo, what does all this mean for you? Maybe more than you think.If you already own a house, you may have enough equity to make your next move more affordable than you realize. And if you’re buying with a mortgage, remember, you’re in good company. Most buyers are financing their purchases, too.The takeaway? Don’t make assumptions about what’s possible based on how other people are buying homes. What really matters is your equity, your budget, and what’s happening in your local market.Bottom LineCash buyers are a meaningful part of today’s market, but they aren’t the whole market.Whether you’re hoping to put your equity to work or you’re buying with a mortgage, a local real estate agent can help you see how much equity you have, who’s buying in your area, and what that means for your next move.

Here’s something most homebuyers don’t think about. When the housing market slows down, homeowners and builders don’t always respond the same way.Think about it. If you’re selling your house and aren’t getting the offers you want, you could make the choice to take it off the market and stay put, and wait for things to improve.But builders? They may be more motivated to stay the course.They’ve already invested money in building those houses. And every completed home that sits unsold means money tied up in a property, plus ongoing costs that can add up.That’s why some builders may be more motivated to negotiate right now. And that could work in your favor.Fewer Buyers Are Making Moves. And Builders Are Feeling It.You’ve probably seen the headlines. According to the latest report from the National Association of Realtors (NAR), pending home sales – homes that have gone under contract but haven’t closed yet – fell 7.3% in September and 11.3% compared to last year.Why? Higher mortgage rates are making it harder for buyers to make the numbers work. Now, that report tracks existing homes, not new construction. But we’re seeing signs of the same slowdown on the builder side, too. According to the National Association of Home Builders (NAHB), builder confidence dropped to 29 in October, its lowest level since June 2012. Traffic from prospective buyers also dropped to its lowest level in more than a decade, excluding the start of the pandemic.As Robert Dietz, Chief Economist at NAHB, explains:

“Demand persists, but higher mortgage rates, elevated construction costs and weaker consumer confidence are keeping more buyers on the sidelines.”

Here’s why that matters for you. A homeowner may be able to wait for the right offer. But a builder with several finished houses sitting unsold may have more reason to get those homes sold sooner rather than later.And that means they may be more willing to work with you than you think.Builders Are Already Making Moves To Win Buyers OverIf you’ve always assumed builders don’t negotiate, take a look at what they’re actually doing. According to the latest survey from NAHB, in October:65% of builders are offering sales incentives.43% are cutting prices, the highest share recorded between 2020 and 2026.And 6% is what they’re typically taking off the price.So, yes. Builders absolutely do negotiate. And with demand slowing, there’s good reason to explore just how flexible they may be right now.That could mean asking for a lower price. But it could also mean asking for a mortgage-rate buydown, help with closing costs, or upgrades that would otherwise cost you extra. And here’s a tip that could make a real difference.Don’t just look at the newest communities or the prettiest model homes. Look for builders with completed houses that haven’t sold yet.Those are sometimes called quick move-in homes or spec homes. And the longer one of those move-in ready homes sits unsold, the more reason a builder may have to consider an offer that helps get it off their books.Don’t Just Ask What’s Available. Ask What’s Negotiable.Don’t assume the advertised price or incentive package is the best they’ll do.This is where having your own agent can really pay off. An agent who knows the local market can help you compare what builders are offering, identify communities with more available homes, and understand where there’s room to negotiate.Of course, not every builder will offer the same incentives. And some may be more flexible on closing costs or mortgage rates than on the price itself.But that’s exactly why it pays to ask. The trick is knowing where to look, what to ask for, and how much room there may be to negotiate. And that’s where having your own agent is key.Bottom LineA homeowner who isn’t ready to accept a lower offer may be able to wait. But a builder with finished houses to sell has a different set of priorities. And that could work in your favor.If you’re ready to buy, talk to a local agent about which builders have completed homes sitting on the market in your area see what they’re willing to offer to get them sold.