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

News Blog – – The number of California homes lost to foreclosure in the first quarter surged 327% from year-ago levels — reaching an average of more than 500 foreclosures per day — DataQuick said in a report, warning that the widening foreclosure problem could "spread beyond the current categories of dicey mortgages, and into mainstream home loans."

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Foreclosures show increasing woes in Orange County. – Foreclosures show increasing woes in Orange County. with an average of 10 foreclosures per area, according to the Santa ana real estate data firm.. A year before, 29 ZIP codes – more than.

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Slow-Motion Drip – – 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.

Foreclosures up a record 81% in 2008 – Jan. 15, 2009 –  · NEW YORK ( — U.S. foreclosure filings spiked by more than 81% in 2008, a record, according to a report released Thursday, and they’re up 225% compared with 2006. A total of 861,664.

Should You Be Door Knocking Pre-Foreclosures??? The Automatic Earth: January 14 2011: Zombie Money Kills Real. – Foreclosures were at a record high in 2010, and more than 1 million people lost their homes, even as notices started leveling off during the end year. In total, there were nearly 2.9 million foreclosure notices filed during the year, according to report released Thursday by RealtyTrac. That was a record high, but just 1.7% above 2009.

Pursue American homeownership Dream Renters. – Sharga: Several more years with nearly 1M foreclosures per year By Angel In Home Loans Contents Executive vice president Mortgage services. sharga Local markets. secondarily Local condo markets Real estate investment. condo Each shapefile consists of several files, which are.

Years of foreclosures ahead | Ketron Property Management, Inc. – mortgages facing foreclosure are delinquent an average of 611 days. Once a foreclosure is initiated, Sharga said it can take as long as 400 days to complete. So, he said, a loan entering foreclosure in December 2011 won’t hit the market as an REO until January or February 2013. "Sales volume will be high in 2012,

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