After moderating 3 foreclosure related panel discussions at the Inman Real Estate Connect [1] conference in New York yesterday, I sat down with Rick Sharga of RealtyTrac [2] (who was one of my panelists [3]) to discuss their foreclosure business and the trends they are observing. I interviewed Rick last fall [4] 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 [5] so the timing was perfect.
Hint: 2010-2011 = Peak Foreclosure
Podcast: Play in new window [6] | Download [6]