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Topic: Rick Sharga

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Why the Housing Crash Remains a Wreck

Foreclosures. Short Sales. Unemployment. Tight credit. Overbuilding. Those are but some of the reasons housing markets in many parts of the country...

FOX Business |

Foreclosure Home Sales Fall in 2010

Sales of foreclosed homes fell in 2010 as the market struggled with weak demand, though they still represented more than a quarter of total sales...

FOX Business |

Two Friends with Foreclosed Homes

We've recently had two friends have their homes foreclosed on. One was due to a "mix up with paperwork" with the bank (I don't know the details...

Free Money Finance |

New Building Permits Surged in December

The housing market has shown signs of recovery before, but to date it's come to naught. Is there any reason to think that the latest rise in new...

SeekingAlpha |

Recession Over? That's a Pretty Tough Sell

Economists have proclaimed the recession over because we've had positive--albeit incredibly weak--GDP numbers.. . But tell that to the 15 million...

FOX Business |

Foreclosures up in 75 percent of top U.S. metro areas

NEW YORK (Reuters) - Foreclosures rose in 3 of every four large U.S. metro areas in this year's first half, likely ruling out sustained home price gains until 2013, real estate data company RealtyTrac said on Thursday.Unemployment was the main ...

Reuters US Online Report Top News |

Banks repossess homes at record pace: RealtyTrac

NEW YORK (Reuters) - Banks repossessed a record number of U.S. homes in the second quarter, but slowed new foreclosure notices to manage distressed properties on the market, real estate data company RealtyTrac said on Thursday.The root problems of job losses ...

Reuters US Online Report Domestic News |

Homes lost to foreclosure on track for 1M in 2010

US homes lost to foreclosure on track to eclipse '09 levels as banks work through backlogMore than 1 million American households are likely to lose their homes to foreclosure this year, as lenders work their way through a huge backlog of borrowers ...

AP News |