Economic Trends. State of the U.S. Housing Market. Forbearance and Foreclosure Activity. Disposition of Properties. This webinar addresses these topics and more, featuring presentations from Rick Sharga, EVP of Market Intelligence for ATTOM, and Daren Blomquist, VP of Market Economics for Auction.com.
During this webinar, Rick begins by looking at the COVID-19 recovery based on key economic indicators, including the GDP and employment. Rick also discusses the impact of rising inflation, at its highest rate in over 40 years as consumer confidence is declining.
Other key economic indicators that Rick examines during this webinar include:
- Recession Trends
- Existing & New Home Sales
- Historic Inventory
- New Construction Sales
- Interest Rates
- Loan Origination
- Home Sales Demand
- Residential and Commercial Foreclosure Activity
- Delinquency Trends
Also, during this webinar, Daren Blomquist discusses the backlog of pandemic distress, including the various shares of COVID-19 related forbearances, foreclosure starts by metro, and a look at the number of distressed properties making it into foreclosure.
Daren also examines foreclosure auction volume by state, volume trends on the horizon, and a look at the distressed market today and historically, as well as how the market might look over the next five years and who is buying distressed properties.
Other key areas Daren explores during this webinar include:
- What types of deals are available in the distressed market?
- What is a real-life example of a distressed property deal?
- How can distressed disposition prevent foreclosures and protect equity?
- How can distressed disposition promote homeownership?
- How can distressed disposition improve neighborhoods while preserving affordability?
This webinar also provides an overview of ATTOM’s core value proposition and breadth of data solutions. ATTOM is the one-stop shop for premium property data fueling innovation, ATTOM provides analytics-ready data for real-world applications. ATTOM blends property tax, deed, mortgage, foreclosure, environmental risk, natural hazard and neighborhood data for more than 155 million U.S. residential and commercial properties, multi-sourced from more than 3,000 U.S. counties. ATTOM’s property data fuels growth across many industries to help drive decisions while delivering data in a variety of flexible customer solutions, including bulk data licensing, property data APIs and introducing ATTOM Cloud.
ATTOM’s robust property data is leveraged by customers to innovate in a variety of industries, including Real Estate, Insurance, Mortgage, Marketing, Government and Academia. By utilizing ATTOM’s robust property data, ATTOM clients not only create innovation but gain that competitive advantage within their industries. End-users of the data include developers, data scientists, risk managers, investors, policymakers and analysts. Discover ATTOM’s Table of Data Elements.
Auction.com goes beyond the courthouse, combining the company’s passion for real estate with technology and data science to create an unrivaled transaction platform, resulting in: $52 billion in sales, 6.3 million registered buyers on Auction.com, 451,000 properties sold to date, 16,000+ properties available for sale, 700+ employees serving the needs of buyers and sellers, and more than 10,000 auctions per year in all 50 states. Auction.com’s future proves to be as innovative as its past, as it continues to bring buyers and sellers closer together, because interaction across both sides of the transaction unleashes the power of the marketplace.
Want to learn more about what to expect in the distressed real estate market?
Click here to listen to the entire webinar.