Real estate deals are falling through at record numbers. Here's why.

Joining me now in the state of housing, Daryl Farweather, Redfin, chief economist. And here's a special treat. She's in studio with us.Usually, she is remote, so it's good to see you in person. >> It's great to see you, too. >> Although we're not talking about great numbers, to be fair.That cancellation rate is really interesting. So, that's basically when somebody signs the a letter of intent, they're going to buy the house, and then they say never mind. So, what's the rate right now, and what's contributi ...