DBlomquist

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So far Daren Blomquist has created 25 blog entries.

FORECLOSURE SALES HAVE GENERATED $1.2 BILLION IN SURPLUS FUNDS FOR DISTRESSED HOMEOWNERS SINCE 2016 ACCORDING TO AUCTION.COM SELLER STRATEGY REPORT

By |2021-06-08T13:48:29-05:00March 31st, 2021|Market|0 Comments

·       Report also shows online auctions reduce REO holding times 52 percent ·       71 percent owner-occupancy for resales of third-party foreclosure sales Irvine, Calif. — March 31, 2021 — Auction.com, the nation’s leading distressed real estate marketplace, today released its 2021 Seller Strategy Report, which identifies distressed disposition strategies that yield better outcomes for mortgage [...]

By |2021-06-08T13:48:29-05:00March 31st, 2021|Market|0 Comments
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Home Flipping in the Time of COVID

By |2021-06-08T13:34:17-05:00February 2nd, 2021|Market|0 Comments

Renovate-and-resell profits have soared during the pandemic, but does that make it a good time to flip? When the COVID-19 pandemic was declared in March, Chicago-based investor Michael Hallman scrambled to mitigate any home flipping losses that might result from the shock to the economy and housing market. “I’ve got about 10 properties right now [...]

By |2021-06-08T13:34:17-05:00February 2nd, 2021|Market|0 Comments
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‘Highways and Hedges’ Housing Markets Ripe for Rental Returns

By |2021-06-08T12:56:22-05:00October 28th, 2020|Market|0 Comments

Investors in Dayton, Ohio, provide template for converting distressed homes into cash-flowing rentals. Not commonly known as a housing hot spot, Dayton, Ohio, has become the market of choice for real estate investors Scott Stuber and Tyrone Velasquez. The Denver-based married couple employs an investing strategy in which they purchase distressed properties at a discount [...]

By |2021-06-08T12:56:22-05:00October 28th, 2020|Market|0 Comments
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The “Now” and “Not Yet” of Investing in a Post-Pandemic Housing Market

By |2020-08-18T20:24:17-05:00August 4th, 2020|Featured, Market|0 Comments

Many investors are approaching acquisition opportunities with caution, even as they prepare for future buying opportunities that haven’t materialized. Real estate investors took a licking in late March following the coronavirus pandemic and national emergency declarations. “It’s going to be tough the next few months. Investors are scared,” said Chicago-area investor Michael Hallman in a [...]

By |2020-08-18T20:24:17-05:00August 4th, 2020|Featured, Market|0 Comments
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NYC Home Flipping Analysis

By |2020-03-03T20:50:00-06:00March 3rd, 2020|Advocacy, Market|0 Comments

Legislation aimed at deterring “property speculation and flipping in vulnerable neighborhoods” in New York City begs the question: Just how prevalent and harmful is home flipping in the five boroughs that would be impacted by the policy change? An Auction.com analysis of public record data from ATTOM Data Solutions shows home flipping in the five [...]

By |2020-03-03T20:50:00-06:00March 3rd, 2020|Advocacy, Market|0 Comments
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