Rick Sharga

Founder & CEO, CJ Patrick Company, Formerly EVP at ATTOM, Carrington Mortgage & RealtyTrac, CMO at Long-suffering Phillies & Eagles fan.

[Rick Sharga @ricksharga]

In case you missed the live webinar - and are dying to find out what's going in in terms of home repair and remodeling costs - you can view last week's session on demand by clicking on the link below.
https://t.co/1bR0xnaFlW
Greg Pyne from Verisk Property Estimating Solutions (Xactware) and I review cost data for thousands of line items and aggregated from over 450 metro markets, discuss the impact of rising labor costs, inflation, supply chain issues and the war in Iran. And wrap up by giving some local market examples of job costs today compared to six months ago.
Prices have been rising more slowly than inflation, but might the effect of geopolitical events trigger a change? Check out the webinar and find out!

[Rick Sharga @ricksharga]

Lots of interesting events in store at the @MoultonMuseum for American History buffs in Southern California!

[Rick Sharga @ricksharga]

Join us tomorrow, June 24th, for an information-packed conversation about the rising costs of home repairs and remodeling, which now account for over 55% of the money spent on residential construction.

Greg Pyne from @Verisk Property Estimating Solutions (Xactware) and I will talk about how quickly prices are rising today compared to inflation, home price appreciation, and construction wages, and what the impact of rising oil prices is likely to be in the months ahead.

Important information for #mortgage lenders and servicers, property managers, field services companies, #investors, and #realestate professionals.
https://t.co/wReSdZTVPX

[Rick Sharga @ricksharga]

I had the opportunity recently to sit down with for a podcast where we spoke in depth about the #housing market, and in detail about the role of the #realestate investor in the market.

We also talked about the outlook for home sales for the rest of the year, what to expect from the 21st Century Road to Housing legislation, and the impact that the war in Iran is having on #mortgage rates and housing.
Enjoyed the conversation, and hope you enjoy it as well!

https://t.co/1DRbsXmwel

[Rick Sharga @ricksharga]

@LoganMohtashami No need to wait. I'm saying WTF right now.

[Rick Sharga @ricksharga]

If you haven't been to a "Water & Wine" event at the @MoultonMuseum , you don't know what you're missing.

The next event is this Thursday evening, when the museum will have a closing ceremony for its current exhibit - Reflections on Water, a stunning display of powerful work from up-and-coming artist (and 8-year veteran of the @USMC) Ryan Jensen.

The event is free (as is wine from Native Hands Wines), but you need to register. https://t.co/csgF9lgb5d

[Rick Sharga @ricksharga]

In my latest article for @HousingWire, I take a look at the Senate's 21st Century Road to Housing Act, a 303-page tome that simultaneously covers a lot of ground while confirming that the Federal Government is extremely limited in what it can do to improve #housing affordability.
Some good ideas - like leveraging federal funds to reward municipalities for developing more affordable housing. And some bad ideas as well, like the ban on investor purchases of single-family homes, which is more likely to increase costs than reduce them.
https://t.co/IG6V3hc9Ys

[Rick Sharga @ricksharga]

So...does the country really have a housing shortage? Keith Weinhold and I take a look at the big picture - and some of the nuances about housing supply that the headlines often miss - in this Get Rich Education podcast.

How many homes are we short? What types of homes do we need more of? How much is due to the lock-in effect? Is this a regional issue, or national one? And can we build our way out of it?

Interesting topic. Hope you enjoy our conversation.

https://t.co/29claWQ0hb

[Rick Sharga @ricksharga]

@LoganMohtashami Won't make everything affordable for everybody, but I think getting below (and staying below) a 6-handle is an important psychological win for the #housing market.

[Rick Sharga @ricksharga]

If you're in the default servicing industry and not planning to attend the upcoming National Association of Default Professionals Annual Summit in Palm Springs from March 1-3, you'll be missing out on a veritable who's who of industry leaders speaking at the event. Hard to find a better, more knowledgeable group of panelists and moderators at any mortgage event.

Still a few spots left, and time to sign up - but prices go up February 20, so register today! https://t.co/3troZlw6dN

[Rick Sharga @ricksharga]

@LoganMohtashami “Record buyer’s market?” What? 🤔

[Rick Sharga @ricksharga]

@mortgagetruth Most of the forecasts I've seen don't expect home prices to rise by as much as the Cotality estimate. General consensus is for another year of sub-2% price appreciation nationally - below the rate of inflation, and the rate of wage growth.

[Rick Sharga @ricksharga]

Conventional wisdom is that the U.S. has a #housing shortage, and that this limited supply of single-family homes is the root cause of the affordability challenges faced by prospective homebuyers. But the estimates of just how severe that shortage is are wildly different: some economists say there's no shortage at all; others say the deficit is anywhere from 2 million to 20 million homes.
@connellmcshane and I talk about why the estimates vary so much, and whether or not some of the ideas being discussed in government circles might be able to help shore up the supply in this @NewsNation segment.

[Rick Sharga @ricksharga]

Recently had a chance to talk with Micah Johnson about the 2026 #housing market and what's in store for #realestate investors on this episode of the Investor Fuel Real Estate Pros Podcast.

Great conversation about how we got to where today's market is, and why signs seem to be pointing towards improved conditions for investors and owner-occupants as well.
https://t.co/K1bAaNoAng

[Rick Sharga @ricksharga]

I recently had the pleasure of doing a @realwealthnet podcast with @kathyfettke, discussing what to make of 2025 in terms of the #housing market, and what some of the driving factors for #home sales might be in 2026.

Bottom line: it feels like we're nearing the end of the market reset that began in mid-2022 when #mortgage rates doubled. So while 2026 probably will be another year of mediocre sales and very little home price growth, it should be better than 2025, and set the stage for a somewhat stronger recovery in 2027.

https://t.co/FwZEgKUeoJ

https://t.co/WuKDihnd07

[Rick Sharga @ricksharga]

If you want to know what's really causing home repair & remodeling costs to rise, here's a link to a webinar I just did, highlighting the results of the Q2 2025 @Verisk Repair & Remodel Index. Lots of data, and some great insights from Verisk's Greg Pyne. https://t.co/gn0b5vQ390

[Rick Sharga @ricksharga]

Looking forward to doing this webinar presented by @HelloSolutions1 with @darenjblomquist from https://t.co/Ll4J0FhUc4 Thursday at 10:00 Pacific Time.

We'll take a look back at #foreclosure activity in 2025, and discuss where it might be headed next year, and discuss what's happening in the U.S. economy, and the #housing market as well. It will be an information-packed, data-based hour you won't want to miss!

If you're interested in attending, drop me a line, or send a request to [email protected].

[Rick Sharga @ricksharga]

Just a reminder to join me and Greg Pyne from Verisk Property Estimating Solutions (Xactware) tomorrow, December 11, for this free webinar discussing the rising costs of home repair and remodeling.

What's driving the increases? (Hint: may not be what you think it is.) Where are prices rising the fastest? What's in store for the coming year? Join us as we discuss the findings from the Q3 2025 Verisk Repair & Remodel Cost Index.

Register here: https://t.co/hZhZxkfQWt