Tag Archives: Daren Blomquist

Auction.com finds that 55% of buyers believe their local market is overvalued and soon expect a market correction.

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.

Daren Blomquist of Auction.com explains how smaller-volume local buyers can better compete with institutional investors, whose capital and resources have historically given them the upper hand at in-person foreclosure auctions.

The volume of real estate purchases by international buyers dropped to their lowest levels in a decade over the last year, as a result of the pandemic.

In his new role, at Auction.com Daren Blomquist will focus on analyzing and forecasting complex macro and microeconomic data trends within the marketplace and greater industry.