Posted by admin -Friday, January 15, 2010, 12:22 AM
After moderating 3 foreclosure related panel discussions at the Inman Real Estate Connect conference in New York yesterday, I sat down with Rick Sharga of RealtyTrac (who was one of my panelists) to discuss their foreclosure business and the trends they are observing. I interviewed Rick last fall and always find him to be an endless source of insight and clarity on the distressed asset market. RealtyTrac released their most recent report yesterday so the timing was perfect.
Hint: 2010-2011 = Peak Foreclosure