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Author Archives: Daren Blomquist

Daren Blomquist is the VP of Market Economics for Auction.com. In this role, Blomquist analyzes and forecasts complex macro- and microeconomic data trends within the marketplace and greater industry to provide value to both buyers and sellers using the Auction.com platform. Blomquist’s reports and analysis have been cited by thousands of media outlets nationwide, including the Wall Street Journal, the New York Times, USA TODAY, and on many national network broadcasts, including CBS, ABC, CNN, CNBC, FOX Business, and Bloomberg.

Who Is Bidding at Foreclosure Auctions?

Most foreclosure buyers are local community developers renovating and reselling to owner-occupants. Daren Blomquist of Auction.com examines this market segment and others taking part in home auctions nationwide.

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How Distressed Disposition Can Heal, Not Harm

Editor's note: This article appears in the April 2021 edition of DS News, available here. The number of mortgages in active forbearance in the first week of February fell below 2.7 million for the first time in 10 months, another ...

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Resurrecting Zombie Homes

This story originally appeared in the October edition of DSNews, out now. A solid economic recovery and red-hot housing market helped drive the vacant “zombie” foreclosure rate to new lows in the first half of 2020, even as the coronavirus crisis threatens to trigger a resurgence ...

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The Changing Face of Distressed Property Auctions

This story originally appeared in the August edition of DS News. Distressed home sales are square pegs that don’t fit well into the round hole of the retail housing market, a reality that has been highlighted by the recent economic ...

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Effective Foreclosure Prevention in a Crisis

mortgage loans performance

These are the lessons that clearly jump out when reviewing foreclosure and home price data in the aftermath of the Great Recession of 2008 as well as more recent, regional market trauma caused by natural disasters.

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The Future of Auction Sales

With the economy and housing market in a period of unpredictable change, what lies ahead for the foreclosure auction sector? Editor’s note: This feature originally appeared in the April issue of DS News

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