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.
Tag: Daren Blomquist
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.
Daren Blomquist of Auction.com on the Current State of the Distressed Marketplace
Daren Blomquist is vice president of market economics with Auction.com., Irvine, Calif. He 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.