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by Wolf Richter • Nov 6, 2018 • 0 Comments

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Brick-and-Mortar Meltdown Fells Express. Simon Property & Brookfield, to Avert Vacant Stores and Bad Leases at their Malls, to Buy the Brands and 435 Stores out of Bankruptcy

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This Has Been Years in the Making.

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Nasdaq fell 2.05%, back to where it had been in September 2021. We have some new WTF Charts of the Year.

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by Wolf Richter • Apr 19, 2024

After ON RRPs go to zero, reserves will decline, further reducing the Fed’s interest expenses and losses. But it’s not straightforward.

Home Sales Clobbered by Mortgage Rates. New Listings & Active Listings Surge. Most Price Reductions for any March in Years

by Wolf Richter • Apr 18, 2024

Price reductions of existing homes jump to 31.7% of active listings, highest since 2017.

Mortgage Rates over 7% and Heading Higher, Housing Market Still Frozen, Lots of Buyers on Strike as Prices Still Too High

by Wolf Richter • Apr 17, 2024

All that makes sense, but why are there still any cash-out refis when people could take cash out via HELOCs, without losing a 3% mortgage?

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