Diving Deep into Real Estate Market Data
Daren Blomquist is the VP of Market Economics at Auction.com. His work is focused on gathering and analyzing data to help real estate investors find the best investments that will help them succeed in scaling their businesses and growing their portfolios.
Listen to this episode to learn more about Daren’s insights on today’s market and why you should always be looking at the data before you invest!
Quotables
“We’re still at the point where foreclosures are about half of what they were pre-pandemic, which already was, basically at a 20-year low.”
“People who are in default are just going in and out of default and staying in that seriously delinquent bucket. It’s just taking them longer to move down the drain.”
“The foreclosure sale is the last opportunity for that homeowner to protect their equity. If it goes back to the bank, then the bank gets all the equity.”
Links
Website: RCN Capital
https://www.rcncapital.com/podcast
Website: REI INK
