448: Housing Bubble Myth, Shadow Demand, Lower Existing Home Sales, Increased Mortgage Rates, Outlook for 2023 with Rick Sharga
Manage episode 366613769 series 50378
Today, Jason is joined by Rick Sharga of ATTOM Data Solutions, licensor of the nation’s most comprehensive foreclosure data and parent company to RealtyTrac (www.realtytrac.com), a foreclosure listings and search portal.
Is there a looming housing crisis? Not according to the data! Listen in and get the facts minus the misinformation and hype from the YouTube click bait sensationalist ‘chicken littles’!
Know the facts and data that will serve as an indicator of trends in the single-family housing investment space across different markets. Note: This interview was done last December 2022. Rick is now with https://cjpatrick.com/
“93% of the people in foreclosure have positive equity.” – Jason Hartman
“Our data shows that about 6% of homeowners nationally are underwater on their loans. There’s half a percent of homeowners who are in foreclosure.” Rick Sharga
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