Auction.com is an online marketplace focused on the sale of residential bank-owned and foreclosure properties via online auctions and in-person auction events. The platform maintains an inventory of roughly 30,000 properties and offers supportive services for its customers.
Auction.com was originally founded in 2007 and is headquartered in Irvine, California, maintaining regional offices across the country.
Latest Auction News
Foreclosures expected to grow slowly to end 2024: Auction.com
Jul 12, 2024A survey of mortgage default servicing leaders revealed that foreclosures are expected to rise slowly during the second half of 2024, while ample amounts of home equity should keep many properties in loss mitigation from moving into foreclosure status.
-
Rising risk of a home price double dip in 2024
Jan 19, 2024 -
Is the spring housing market about to rebound?
May 23, 2023 -
Daren Blomquist’s 2023 housing outlook
Jan 09, 2023 -
Expect a foreclosure spike in the coming months
Aug 03, 2022 -
The impact of COVID-19 on small landlords: How to lower the risks
Aug 27, 2020 -
2020 HW Woman of Influence: Min Alexander
Aug 03, 2020 -
2020 HW Rising Star: George Lane
Jun 01, 2020 -
CoStar buying Ten-X Commercial to move commercial real estate deals online
May 14, 2020 -
2020 HW Tech100 Mortgage winner: Auction.com
Mar 02, 2020
Auction Content
Is time the enemy of equity for chronically distressed homeowners?
Feb 19, 2024 10:27 amChronically distressed properties lost more than $7,000 in total home equity on average while cycling in and out of foreclosure, according to an Auction.com analysis of more than 80,000 properties scheduled for foreclosure auction multiple times in the last three years. The chronically distressed properties cycled in and out of foreclosure for an average of […]
-
How a transparent marketplace provides a proven path to benefit homeowners
Oct 17, 2023 2:52 pm -
The share of owner-occupants buying foreclosures has doubled — here’s why
Aug 10, 2023 10:19 am -
Affordable housing inventory is limited due to foreclosure prevention efforts
May 08, 2023 12:29 pm -
How to price homes properly in a volatile housing market
Feb 21, 2023 2:34 pm