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As the U.S. grapples with a housing shortfall, personal preferences and political divides challenge the 'Yes In My Backyard' sentiment.
Redfin report reveals record-breaking cancellations as homebuyers grapple with high interest rates and mounting housing costs.
Housing analysts attribute low pending home sales to a variety of factors.
Home sellers in high-cost areas face tough choices as employers change work from home policies.
Redfin says skyrocketing home prices and limited supply challenge buyers.
Buyers cautious amidst high mortgage rates and limited inventory; Redfin reports year's highest sales yet 15.7% below 2022 numbers.
