448: Housing Bubble Myth, Shadow Demand, Lower Existing Home Sales, Increased Mortgage Rates, Outlook for 2023 with Rick Sharga

Published: June 20, 2023, 7 p.m.

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Today, Jason is joined by Rick Sharga of\\xa0ATTOM Data Solutions, licensor of the nation\\u2019s 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 \\u2018chicken littles\\u2019!

Know the facts and data that will serve as an indicator of trends\\xa0 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/

Quotables:

\\u201c93% of the people in foreclosure have positive equity.\\u201d \\u2013 Jason Hartman

\\u201cOur data shows that about 6% of homeowners nationally are underwater on their loans. There\\u2019s half a percent of homeowners who are in foreclosure.\\u201d Rick Sharga

Mentioned:

Altos Research

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