In this episode of the Top of Mind podcast, Mike Simonsen sits down with Daren Blomquist from Auction.com to talk about the state of the distressed housing market.

About Daren Blomquist

Daren Blomquist is vice president of market economics at Auction.com. In this role, Blomquist analyzes and forecasts complex macro and microeconomic data trends within the marketplace and industry to provide value to both buyers and sellers using the Auction.com platform.

Daren’s reports and analysis have been cited by thousands of media outlets — including all the major news networks and leading publications such as The Wall Street Journal, The New York Times and USA TODAY. Daren has been quoted in hundreds of publications and has appeared on many national network broadcasts, including CBS, ABC, CNN, CNBC, FOX Business and Bloomberg.

Here’s a glimpse of what you’ll learn:

What their investor activity tells us about housing demand right now
What their leading indicators say about home sales in 2025
The surprising trends with distressed borrowers in 2024
Which states have distressed and foreclosure levels approaching 2019 (it’s not what you’d think)
Which states have 80% fewer foreclosures now than in 2019
The notable new demand trends for distressed property buyers in 2024
The #1 reason their clients aren’t buying homes
The leading indicators in their data and what it tells us about 2025
The new phenomenon of “Foreclosure Spin Cycle” and what it means for American homeowners
Daren’s bearish forecast for home prices in 2025 and 2026

Resources mentioned in this episode:

Daren Blomquist | LinkedIn
https://www.linkedin.com/in/daren-blomquist-7b775a6
Auction.com
https://www.auction.com/
Mike Simonsen | LinkedIn
https://www.linkedin.com/in/simonsen/
Altos Research
https://altosresearch.com/

Free Altos Report: https://altosresearch.com
Altos Guide to Market Data: https://bit.ly/altos-ebook
Demo Altos: https://altosresearch.com/contact

Altos Research is the premier resource for real-time real estate data. We provide weekly market statistics, analysis and reporting for 99% of the zip codes in the U.S., helping real estate professionals, investors, financial institutions, and their clients make better-informed decisions.

Featuring Mike Simonsen, President of Altos Research

A true data geek, Mike founded Altos Research in 2006 to bring data and insight on the U.S. housing market to those who need it most. Altos provides national and local real estate data to financial institutions, real estate professionals, and investors across the country, and the company is now part of HW Media, publisher of HousingWire and RealTrends. Mike uses Altos data to identify trends in the real estate market well before the headlines, and his work has been featured in the New York Times, The Atlantic, Fortune, Forbes and other publications.

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