Auction.com

Shape the Future of Property Preservation Register Now: https://auc.tn/48z00z1 What's next for property preservation and field services? Join thought leaders and subject matter experts at NPPC 2024 to explore emerging trends, compliance updates, and innovative solutions that protect the dream of homeownership. Auction.com is a proud sponsor. Register now by clicking the link above. #AuctionDotCom #BeyondTheBid National Property Preservation Conference #PropertyPreservation

Yiqun Wang Wins a HousingWire Tech Trendsetters Award Learn More: https://auc.tn/3Yucbs3 Auction.com is thrilled to announce that Yiqun Wang, Senior Director of Product Management, has been named a 2024 HousingWire Tech Trendsetter. Yi's innovative work on Attorney Interact™ and AI initiatives is helping to reshape the disposition industry. His user-centric approach and relentless drive for improvement exemplify our commitment to empowering homeownership through technology.  "Yi's dedication to iterative development and user-centric design is evident in his proactive engagement with customer focus groups and his strategic use of feedback to refine the user experience," said Varma Ravi Penmatsa, Auction.com SVP of Product. "This approach has resulted in an intuitive interface and seamless data exchange, which attorneys have widely recognized as a substantial value addition to their business processes." Help us in congratulating Yi and then let us know what tech innovations will impact the housing industry the most in the coming years? Share your thoughts below. #AuctionDotCom #BeyondTheBid #HousingWireTechTrendsetters  Congratulations, Yiqun Wang 2024 HousingWire Tech Trendsetters Award Winner 

As the housing market sees a shift in investor confidence, buyers are hedging their bets at foreclosure auctions to protect their future profits when a renovated property is sold or rented back into the retail market. Our latest data reveals that from May 2024 to July 2024, the average bid-to-value ratio declined after a steady increase. What does this mean for your portfolio?  Explore the full insights in the latest article by Daren Blomquist, VP of Market Economics. Click the link in Comments to read now. #AuctionDotCom #BeyondTheBid American Association of Private Lenders #ForeclosureAuctions 

Q3 Auction Insights: Market Shifts and Buyer Sentiment Read Now: https://auc.tn/3AkVaZg Weakening demand for distressed properties at auction continued in Q3 2024, signaling potential retail market softness into early 2025. Our latest data reveals trends in buyer behavior and sentiment, market conditions, and regional variations. What's your take on these shifts? Are you seeing similar patterns in your local market? Click the link above to read our Q3 Auction Market Dispatch for the latest distressed property trends and insights. #AuctionDotCom #BeyondTheBid Daren Blomquist #AuctionMarketDispatch #Foreclosure

Foreclosure Auction Demand Across the US Read Now: https://auc.tn/3AkVaZg While national foreclosure auction demand is down, 45% of major markets are bucking the trend. Cities like Pittsburgh, Buffalo, and Portland, OR, are seeing increased demand, while others like Riverside-San Bernardino and Las Vegas face declines. What factors do you think are driving these regional differences? Click the link above to read our latest Auction Market Dispatch for the latest distressed property trends and insights.   #AuctionDotCom #BeyondTheBid Daren Blomquist #AuctionMarketDispatch #Foreclosure 

How Will the Election Impact Housing?  Daren Blomquist, Auction.com VP of Market economics, talked to Cristian deRitis of Moody's Analytics and Tim Rood of Impact Capital to unpack the potential impacts of the upcoming election. Critical takeaways include: ● A divided government may have modest effects on housing ● Supply-side policies could be crucial for either party ● Immigration and tax policies may significantly influence market dynamics Curious about how this affects distressed dispositions? Watch the latest episode of Disposition Download for deep insights. #AuctionDotCom #BeyondTheBid #ImplicationOf2024Election 

Leadership That Drives Innovation Read Now: https://auc.tn/3BUHV1S We're excited to welcome Douglas Whittemore as our new Head of Strategic Growth at Auction.com. With 25+ years of industry expertise, Doug is set to revolutionize how we serve our clients and communities. "Doug's arrival marks a significant step for Auction.com," said Auction.com President Ali Haralson. "His track record of success and industry knowledge will be pivotal as we push forward with our vision for strategic growth." Doug will spearhead the development of new business lines and products and focus on expanding homeownership opportunities. Click the link above to learn more. #AuctionDotCom #BeyondTheBid #RealEstateInnovation   #LeadershipAnnouncement

Responsible Disposition on Affordable Housing Register Now: https://auc.tn/3zVRjSv Don't miss Auction.com’s Daren Blomquist on NYMBA's Affordable Friday Webinar, October 18 at 9 am PT. Learn how responsible disposition is reshaping neighborhoods and boosting affordable housing supply. Critical insights: • Success of pandemic-era loss mitigation  • Innovative disposition strategies  • Impact on homeownership rates and property values Gain valuable insights on distressed property trends and their effect on housing supply. Click the link above to register now. #AuctionDotCom #BeyondTheBid  #AffordableHousing  #MarketEconomics  #NeighborhoodRenewal 

Urban Study Confirms: The Dangers of More Time in Loss Mitigation     Read more: https://auc.tn/3Yd3545    Our recent episode of Disposition Download, "Time Being the Enemy of Equity," highlights how prolonged foreclosure processes can negatively impact homeowners' equity. This aligns with new research from the Urban Institute cautioning against extended delays in loss mitigation. Both analyses suggest that while giving homeowners time to explore options is crucial, overly long processes may inadvertently reduce the likelihood of successful outcomes for distressed homeowners. As the mortgage industry evolves, finding the right balance between providing assistance and timely resolution remains critical. Click the link above to read the study.   #AuctionDotCom #BeyondTheBid Daren Blomquist  #UrbanInstitute #LossMitigation

What's driving foreclosure trends? A new analysis from Auction.com VP of Market Economics Daren Blomquist shows that while record-high home equity is suppressing foreclosure completions nationally, some states are telling a different story. Discover the hidden factors at play and how they could impact your portfolio. Click the link in Comments to read now.    #AuctionDotCom #BeyondTheBid Scotsman Guide  #HomeEquity #Foreclosure