Bed Bath & Beyond?
No, we're talking Sears again. Down another 12% today as I type this. Needless to say, it's a fresh 52-week low.
It isn't all bad news. I think I actually found the secret video of Eddie Lampert's turnaround story.
Granted, there isn't nearly as much turning as one might expect.
"The Lock-In Effect of Rising Mortgage Rates"
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Today, in the Calculated Risk Real Estate Newsletter: "The Lock-In Effect
of Rising Mortgage Rates"
A brief excerpt:
Here is new working paper from Feder...
9 hours ago