Daren Blomquist @darenjblomquist
VP of Market Economics at Auction . com. I dive into data and swim with stories. Joined January 2009-
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If you're looking for a "brief" overview of foreclosure and bank-owned auction marketplace, this new "5 Questions" feature from @briefcaseRE is on the "case." Key piece is the distressed market funnel below. briefcase.email/p/5-questions-…
Thanks @goldovsky_alex for a great conversation on a wide range of topics impacting the distressed real estate market. youtu.be/rPvDDbQBOGA?si…
Solid piece by @BenEisen in the @WSJ illustrating the wild west of the pre-foreclosure marketplace, which is growing as more distressed sales are pushed up-funnel (data provided by Auction.com). Also @janelyrealtor is a rockstar! wsj.com/economy/housin…
So it’s happened. A major Miami office building -- The Gateway at Wynwood --defaulted on a mortgage and its lender is seeking to foreclose.
Good article from @claretrap on the opportunities (and obstacles) involved with buying low-dollar distressed properties. And shout out to @auction buyers @tvelasquez61 and Scott Stuber for their comments in the article! realtor.com/news/trends/bu…
Good read from @joshboak. If this truly is a "bipartisan challenge that could bring the political parties together," why is there still an affordability challenge? And is more policy the answer? @ShaunDonovanNYC, @Markzandi, @FairweatherPhD apnews.com/article/biden-…
Great conversation last week with Marina Walsh, @ricksharga, Mark Paniccia, @MarkEMcArdle and Bryce Fendall at the National Association of Default Professionals (NADP) annual conference last week.
The continued availability of Homeowner's Assistance Funds (HAF) for distressed homeowners is one key reason why fewer delinquencies are making it to completed foreclosure than in the pre-pandemic era. public.tableau.com/views/HAFUsage…
Distressed homeowners with no long-term loss mitigation solution are losing equity every day, even when home values are rising in most cases. Is more time usually the best option for these homeowners? housingwire.com/articles/is-ti…
Good to be on @TheNoteSchool TV with Eddie Speed and Joe Varnadore. youtube.com/watch?v=1tE6BY…
Latest on where foreclosure volume is emerging by state, based on properties brought to auction on @auction in Q4 2023. Some commentary: auction.com/lp/in-the-news… Interactive heat map: public.tableau.com/shared/TMNDKGT…
Risk of home price appreciation double-dip in early 2024 by market based on bidding behavior on @auction in late 2023 via @HousingWire Interactive heat map: public.tableau.com/views/HomePric… Article: housingwire.com/articles/risin…
Foreclosure volume remains less than half of 2019 levels nationwide, but distressed real estate (value-add) buying opportunities are still available. Here's some Auction.com data quantifying those opportunities by market. public.tableau.com/views/Distress…
Lance Lambert @NewsLambert
81K Followers 2K Following @ResidentialClub Co-Founder, Editor-in-Chief. Analyzing the housing market—through a regional lens 🏡 📊 Subscribe to the ResiClub newsletter 👇
Mike Simonsen 🐉 @mikesimonsen
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Dr. Jessica Lautz @JessicaLautz
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Bill McBride @calculatedrisk
91K Followers 396 Following Author of Calculated Risk economics blog. Real Estate Newsletter https://t.co/isotGwh2dc Threads calculatedriskblog https://t.co/e4hR9QBD6w
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🏠🏘 Clayton Coll.. @ClaytonACollins
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Ali Wolf @AliWolfEcon
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Eric Finnigan @EricFinnigan
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Brad Finkelstein @NMNBrad
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cary spivak @cspivak
928 Followers 696 Following Milwaukee Journal Sentinel reporter -- Cubs fan --- licensed private detective....Tweets and re-tweets are not endorsements ---
Mary Tritt @realestate_mary
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Clare Trapasso @claretrap
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Michele Lerner @mvlerner
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102 Followers 189 Following Foreclosure data on the islands of Maui & Oahu.
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DS News @DSNewsDaily
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Sarah Wheeler @swheelerHW
4K Followers 1K Following Editor in Chief @HousingWire, mom, Bernese owner, love language is chips and quesoComing at you live from @HousingWire's The Gathering conference in Scottsdale, this week’s latest housing data video from @AltosResearch is up! [video link follows the thread below] We can see some impact of the latest jump in mortgage rates, for example inventory is up pretty…
We are launching our AI ChatBot, ALFReD, for real estate and finance professionals tomorrow - impactcapitoldc.com. Think of it as having essentially the sum total of knowledge on real estate and mortgages - laws, policies, interpretive guidance, real estate markets, economic…
A 49er and Bengel’s fan walks into a #Housing conference @NewsLambert
Having an incredible time in NYC with my family. What a magical place. First time here.
What are extreme weather events doing to the #economy, #housing & the #mortgage industry? Hear from leading economists: @FannieMae's Doug Duncan, the MBA's Michael Fratantoni, @CoreLogicInc's @SelmaHepp & @FreddieMac's Sam Khater. DM me for an invite!
I talked to a real estate agent today who is working really hard to make things work. Young guy. Single dad. "If I don't produce, we don't eat." That hit me. Being self-employed is not for the faint of heart.
We got married 24 years ago today. Where did the time go? I feel so lucky.
Last chance to sign up for this FREE webinar on March 19, where we'll be discussing what to expect in the #housing and #mortgage markets for the rest of the year. linkedin.com/events/experti…
NAR lawsuit? Someone asked if I plan to talk about it. The answer is YES. But here's the thing. We need time to see the trend. In other words, there are so many ideas, but we need time to understand what this is going to mean for the marketplace. What will it mean for real estate…
As we go into Fed week, I don't know many of you I have left on my team. However, who else is with me on the Fed won't pivot until labor breaks! 😉
I have a pet theory that you can measure the economic vitality of a region as inversely correlated with the preponderance of billboards for personal injury lawyers
If you follow housing Twitter, you might be familiar with @SteveHarney, the founder of Keeping Current Matters. Steve died suddenly this week at 68. As I mentioned for this article in HousingWire, Steve came at his approach to analyzing the real estate market different than I…
"look how low mortgage delinquencies are!" The US taxpayer is still bailing out homeowners 2 years after the scamdemic.
The continued availability of Homeowner's Assistance Funds (HAF) for distressed homeowners is one key reason why fewer delinquencies are making it to completed foreclosure than in the pre-pandemic era. public.tableau.com/views/HAFUsage…
Dream job for this adrenaline-junkie nerd
"No single day is the same." @MorganLBrennan shares how she prepares to anchor @CNBCOvertime. Watch Morgan & @jonfortt weekdays at 4pm ET on @CNBC. cnbc.com/closing-bell-o…
In 2023, house prices re-accelerated in many markets with 33 of the top 50 markets reaching a new house price peak in December. Only two markets remain in the boom-bust category: Austin, Texas and Phoenix. Read more about our boom-bust analysis in the link.…
This really is an all-star lineup of speakers. If you're in the default servicing industry or work with #foreclosures, you should be attending this year's NADP Annual Summit next week in Palm Springs. There are only a few tickets left. Register here: defaultpro.org/24Summit
Let’s give some perspective to the recent increase in foreclose filings…
When is a headline not wrong, but not 100% right? Well, here's a good example. In fact, a closer look at the numbers tell us that housing starts for single family, owner-occupied homes were actually UP by 22%, and permits were UP 8.6% from January 2023. cnn.com/2024/02/16/eco…
Great chart and thoughts from @darenjblomquist on foreclosure auction volumes in this article. Key takeaways from the article: 1⃣We're on track to finish with fewer than 100k completed foreclosures in 2023, which is well below the 2019 level of 206,000 foreclosures, and ~10% of…
Foreclosure auction volume in 2023 is shaping up to be about 25% below even my most conservative expectations (which is good news for the housing market). Two reasons why, which help inform expectations for 2024: scotsmanguide.com/residential/th…
Super Bowl bet, if the Chiefs win I have wear a Taylor Swift shirt for the next podcast but if the #Niners win @swheelerHW a Chief fan has to wear this @HousingWire
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