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

Schwarz says a typical new member sees business double each year for the first several years as word spreads about the advantages of home staging (Association research shows that staged homes sell.

Housing demand crashed and decimated the contractors who built homes and a large number of workers left the industry entirely. They basically didn’t build new houses for 3-5 years, and then were slow to return to building houses after that (which is to say slower than population growth for several more years).

In 2007, the county on average got three per day. So far this year, through the end of December, we are averaging 15 foreclosures per day. In fact, if you look at the numbers at the end of September, we had more foreclosures in the county than we did home sales.

Homeownership still considered best long-term investment: Pew The American Dream of Homeownership: Bloody but Unbowed –  · The nationwide survey, conducted in March, asked more than 2,000 adults whether buying a home was the "best long-term investment a person can make." Around 8.

Nearly 12 percent of all Americans with a mortgage – a record 5.4 million homeowners – were at least one month late or in foreclosure at the end of last year, according to the Mortgage Bankers.

Those counties, spread over a dozen states, accounted for more than 1.5 million foreclosure actions last year, a USA TODAY analysis of figures compiled by the real estate listing firm RealtyTrac shows – more than were recorded in the entire United States just two years earlier.

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What If Renters Can’t Afford Rent? There has long been a certain hierarchy in real estate, an order of things determined by such subjective factors as status, ego and money. At the top of the pyramid is real estate ownership, and with it, the largest possible bundle of rights.

S&P predicts more home price declines through 2011 EIA projects U.S. coal disposition-domestic demand and coal exports-to remain relatively flat through 2050 in the annual energy outlook 2018 (aeo2018) Reference case, even as many coal-fired power plants are retired. Coal disposition for the next three decades averages 750 million short tons per.

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.

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