Auction.com taps John Ken as SVP of marketing
Ken plans to widen education paths for buyers new to the process
Auction.com
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Distressed property auctions outperform traditional REO sales
Estimated net proceeds for auction sales were 43% higher than for traditional REO dispositions through the third quarter.
Foreclosures are drying up — and it’s showing in sales data
Foreclosure activity has declined significantly since the housing crisis of the late 2000s, and distressed home marketplace Auction.com reported this week that it expects the number of foreclosure-auction sales in 2025 to drop to the second-lowest total on record.
Auction.com’s Daren Blomquist explains the ‘Trump bump’ and 2025 market trends
Daren Blomquist forecasts more home sales in 2025 and believes there will be a “Trump bump” at the end of this year.