foreclosures

Auctions and Foreclosures with Daren Blomquist

  Daren is vice president of market economics at Auction.com. In this role, Blomquist analyzes and forecasts complex macro and micro economic data trends within the marketplace and industry to provide value to both buyers and sellers using the Auction.com platform. Daren’s reports and analysis have been cited by thousands of media outlets — including …

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Experts Say Don’t Worry. They Will Make It Out There In The Coming Years

Today’s News Synopsis: Where’s all the missing homes for sale?  Mortgage rates increased slightly with 30-year rates now at 3.18% and 15-year rates at 2.62%.  In some good news, jobless claims fell to their lowest since March to 1.9 million. In The News:   Freddie Mac – “Mortgage Rates Tick Up Slightly” (6-4-2020) “Freddie Mac (OTCQB: …

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Co-Buy or No Buy

Today’s News Synopsis: How are millennials affording homes without their parents’ help?  Mortgage rates changed very little with 30-year rates now at 3.49% and 15-year rates at 2.99%.  Foreclosure activity increased 13% last month, marking the second month in a row to see an increase in foreclosures. In The News: Freddie Mac – “Little Change in …

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It’s That Time Of The Year, Holidays And What Next Year Will Bring

Today’s News Synopsis: Realtor.com’s 4 key trends to watch in 2019.  The Commerce Department reported new home sales decreased to their lowest in three years, now standing at 544,000.  Foreclosure activity as a whole was down 4% year-over-year, although it was up in 38% of the local markets. In The News: MarketWatch – “New-home sales fall …

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76% Says New Zillow Report

Today’s News Synopsis: Americans would rather renovate than buy a new home.  Foreclosure activity decreased 8% from last year and now stands at its lowest level since the fourth quarter of 2005.  After showing some slowdown, mortgage rates increased again to their highest in seven years with 30-year rates now at 4.9% and 15-year at …

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Finding A Home Within Their Budget Is Top Concern For Renters and Buyers

Today’s News Synopsis: Suburbs in largest metros carry the heaviest burden.  The mortgage delinquency rate in the U.S. decreased to its lowest in 12 years with 4.1% of mortgages in some stage of delinquency, down from 4.7% in July 2017.  Home appreciating at a faster rate than a normal U.S. home is surprisingly a foreclosure. …

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