Auction.com, Irvine, Calif., found foreclosure auction volume was up 4% annually in the first quarter, to notch a six-quarter high.
Tag: Auction.com
Auction.com Reports Buyers’ Optimism Grows
Auction.com, Irvine, Calif., released its 2025 Buyer Insights Report, finding 64% of buyers of distressed properties at auction expect their purchases to increase in 2025, up from 60% in 2024 and 54% in 2023.
Auction.com: Foreclosure Auction Volume Falls in Q4
Auction.com, Irvine, Calif., reported that the supply of properties available to buy at foreclosure auction hit a three-year low in Q4 2024.
Auction.com: Demand for Auction Properties Continues to Fall in Q3
Auction.com, Irvine, Calif., released its Auction Market Dispatch for the third quarter, finding that demand continues to weaken.
Auction.com: Demand for Distressed Properties May Be Starting to Slow
Auction.com, Irvine, Calif., released its Q2 2024 Auction Market Dispatch, finding that demand for distressed properties sold at auction started to slip in June.
Auction.com Finds Most Default Servicers Expect Soft Landing, Slowly Rising Foreclosures
Most default servicers expect a soft landing in the economy and a gradual increase in foreclosure volumes in the second half of 2024, according to Auction.com, Irvine, Calif.
Auction.com: Default Servicers Expect Slight Increase in Foreclosure Volume
More than nine in 10 default servicing industry leaders expect completed foreclosure auction volume to increase this year compared to 2022, reported Auction.com, Irvine, Calif.
Survey: 90% Mortgage Servicers Expect Foreclosures to Increase through Next Year
Auction.com, Irvine, Calif., said its annual Seller Insights Report found nine in 10 mortgage servicers disposing of distressed properties on the Auction.com platform expect their foreclosure auction volume to increase in the next 12 months.
Majority of Real Estate Investors Describe Local Markets as ‘Overvalued’
Auction.com, Irvine, Calif., said 55 percent of buyers purchasing distressed properties on Auction.com described their local market as “overvalued” with a correction possible, up from 40 percent a year ago.
3Q Home Auction Prices Up 15%; 3 in 5 Consumers Would Consider Buying Home at Auction
Strong demand for distressed properties lifted the average sale price at foreclosure auction to an eight-year high and generated surplus funds above total debt owed for nearly half of homes sold at foreclosure auction in the third quarter, said Auction.com, Irvine, Calif.