The Latest on the Distressed Housing Market with Daren Blomquist
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In this episode of the Top of Mind podcast, Mike Simonsen sits down with Daren Blomquist from Auction.com to talk about the state of the distressed housing market.
About Daren Blomquist:
Daren Blomquist is vice president of market economics at Auction.com. In this role, Blomquist analyzes and forecasts complex macro and microeconomic data trends within the marketplace and industry to provide value to both buyers and sellers using the Auction.com platform.
Daren’s work has been cited by thousands of media outlets — including major networks and publications such as The Wall Street Journal and The New York Times. Daren has been quoted in hundreds of publications and has appeared on many national network broadcasts, including CNN, CNBC, FOX Business and Bloomberg.
Here’s a glimpse of what you’ll learn:
- What their investor activity tells us about housing demand right now
- What their leading indicators say about home sales in 2025
- The surprising trends with distressed borrowers in 2024
- Which states have distressed and foreclosure levels approaching 2019 (it’s not what you’d think)
- Which states have 80% fewer foreclosures now than in 2019
- The notable new demand trends for distressed property buyers in 2024
- The #1 reason their clients aren’t buying homes
- The leading indicators in their data and what it tells us about 2025
- The new phenomenon of “Foreclosure Spin Cycle” and what it means for American homeowners
- Daren’s bearish forecast for home prices in 2025 and 2026
Related to this episode:
The Top of Mind Podcast is produced by Altos Research. Each week, Altos tracks every home for sale in the country – all the pricing, and all the changes in pricing – and synthesizes those analytics to make them available before becoming visible through traditional channels.
