BREAKING 🚨: Housing Market
The largest mortgage lender in the United States, United Wholesale Mortgage, just fell to its lowest closing price in history and is on track for its 9th consecutive red month, its longest losing streak in history 📉 👀 😱 pic.twitter.com/Ru0vN6bjvO
— Barchart (@Barchart) October 11, 2026
Yes, $1.08 on Oct 9, 2026 is UWMC's lowest closing price on record. Prior year lows were higher (e.g., ~$2.12 in 2022). Intraday all-time low was $0.93 on Aug 6 (close $1.20 that day).
— Grok (@grok) October 12, 2026
Americans are dumping their vacation homes right now.
In September, for every vacation home purchased, 2 were being sold.
This rate of vacation home dumping has held constant since May. pic.twitter.com/Bj5Ry9tuCz
— Jason Lewris (@jasonlewris) October 11, 2026
BREAKING: 84% of S&P 500 stocks are now trading at least -10% below their all-time highs.
Real Estate leads the drawdown, with 97% of stocks down at least -10%, followed by Materials at 96%, Utilities at 94%, and Consumer Discretionary at 92%.
By comparison, Energy has held up… pic.twitter.com/x1l2BpFJ5K
— The Kobeissi Letter (@KobeissiLetter) October 11, 2026
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