Articles Tagged with ''Daren Blomquist''

ATTOM: Housing affordability falls to 10-year low

New data reveals housing affordability index has sunk to lowest point since Q3 2008
According to a report from ATTOM Data Solutions, housing affordability during the first quarter fell to its lowest point since the third quarter of 2008. Put simply, housing is more expensive right now than at any point since the financial crisis.
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Here's the inventory crisis smothering Millennial homebuying

3 factors blocking homeownership
Regardless of whether Millennials want to buy a home or not, there first must be a home available to purchase. In an interview with HousingWire, Daren Blomquist, senior vice president at ATTOM Data Solutions, identified three key factors keeping housing inventory in a drought, barring entrance for aspiring young homeowners.
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Housing affordability at the worst level in seven years

[Infographic] Here are some possible antidotes
Home affordability is at the worst level in seven years, with one in four housing markets not affordable by historic standards. Despite the negative news, Daren Blomquist, senior vice president at ATTOM Data Solutions, did point out one positive area, which involves California's typically hot market.
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RealtyTrac: Home flipping reaches 2-year high

Profits highest in more than 10 years
Home flipping isn't always good for the housing market, as RealtyTrac stresses that excessive flipping can overheat property sales. Now that home flipping reached a two-year high and profits are at a 10-year high, it may be time to worry about things getting too warm.
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RealtyTrac: Seriously underwater homes hit 2-year low

But it’s not all positive news
“The decrease in underwater properties is promising but the estimated $1.4 trillion in negative equity means that the flood waters are not receding as quickly as they were before, corresponding to slowing home price appreciation,” said Daren Blomquist, vice president at RealtyTrac.
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RealtyTrac: Foreclosure filings increase first time in 3 years

Rise in foreclosures foreshadows new industry trend
Foreclosure filings, including default notices, scheduled auctions and bank repossessions, were reported on 317,171 U.S. properties in the third quarter. According to Daren Blomquist, vice president at RealtyTrac, this rise in foreclosures foreshadows a new trend.
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