Sharga: Several more years with nearly 1M foreclosures per year

bank of america: Sharga: Several more years with nearly 1M foreclosures per year – 11/01/11 07:39 AM The housing market faces several more years with 800,000 to 1 million new foreclosed properties per year, according to Rick Sharga, an executive vice president with Carrington Mortgage Services.

U.S. foreclosure filings spiked by more than 81% in 2008, a record, A total of 861,664 families lost their homes to foreclosure last year, His company now has nearly a million sales listings for bank-owned homes. Huge foreclosure inventory. And what's worse, Sharga thinks that as many as 70% of the.

The housing market faces several more years with 800,000 to 1 million new foreclosed properties per year, according to Rick Sharga, an executive vice president with Carrington Mortgage Services.

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The housing market faces several more years with 800,000 to 1 million new foreclosed properties per year, according to Rick Sharga, an executive vice president with Carrington Mortgage Services. Sharga recently left RealtyTrac, where he helped build a network that tracked foreclosure filings across the country.

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Years of foreclosures ahead. The housing market faces several more years with 800,000 to 1 million new foreclosed properties per year, according to Rick Sharga, an executive vice president with Carrington Mortgage Services. Sharga recently left RealtyTrac, where he helped build a network that tracked foreclosure filings across the country.

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The housing market faces several more years with 800,000 to 1 million new foreclosed properties per year, according to Rick Sharga, an executive vice president with Carrington Mortgage Services. Sharga recently left RealtyTrac , where he helped build a network that tracked foreclosure filings across the country.

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