ATLANTA - If you’ve been dreaming of homeownership but feeling like the finish line keeps moving further away, you’re not alone. In August 2025, Georgia saw a surprising spike in canceled home purchase agreements. And today, we’re breaking down why so many deals fell apart, and what it means for you. Here to explain it all is our own Fox 5 real estate expert, John Adams.

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The Problem: Contracts Crumbling Late in the Game

According to Redfin economists, Georgia had one of the highest rates of canceled home sales recently. That means buyers and sellers shook hands - and then walked away before closing.

During the month of August, a full 21 percent of residential real estate contracts fell through the cracks. So what’s causing all these last-minute breakups?

Top Causes

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