Overall mortgage applications down 11% per the Mortgage Bankers Association and vacancy rates at the largest retail malls are at 10 year highs.
Remember, there is no fear in the equity market as the robot algorithmic traders have no emotions; fundamentals are irrelevant hence vacancy rates do not impact them in the least......until they do...
Wednesday, April 7, 2010
Diana Olick Realty Check: Vacancy rates at largest retails center at 10 year high
Labels:
CNBC,
CRE,
Delinquencies
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