Tag Archives: Economist Quashes Housing Bubble Rumors

Recently, rumblings of another housing bubble have been emerging, but one economist says with inventories expected to rise soon, the housing market is not at threat. Rick Sharga, executive vice president with Carrington Mortgage Holdings, told a crowd at the REOMAC 2013 Summit & Expo in Dallas on Monday that the housing market should expect things to get worse before they start improving. But “this is not the 2005 market,” he said. “We are not creating a bubble.” Sharga says the lack of available home inventory is the reason why […]