Blomquist Discusses RealtyTrac's Annual Foreclosure Report For 2015

RealtyTrac’s, annual foreclosure report for 2015 is out.  RealtyTrac’s year-end foreclosure report is a unique count of properties with a foreclosure filings during the year based on publicly recorded and published foreclosure filings collected in more than 2,500 counties nationwide.

The report highlights some trends that may illuminate the activity to expect in 2016.  Some interesting highlights are

• Foreclosures starts are down
• Repossessions are up
• Timelines down
• The report highlights states with the highest and lowest foreclosure starts and metro areas with the greatest risk.

Foreclosure rates impact several sectors of the housing and mortgage market and understanding the data to plan strategically is critical to navigate 2016.

Joining the broadcast to discuss the annual 2015 foreclosure report is RealtyTrac’s Daren Blomquist.

Daren is RealtyTrac’s primary media spokesperson and resident go-to expert on housing and foreclosure statistics and trends.

Daren is also managing editor of RealtyTrac’s Foreclosure News Report, which was named the “Nation’s Best Newsletter” by the National Association of Real Estate Editors, and is directly responsible for the creation of the company’s U.S. foreclosure market and sales reports. 

The report is cited by thousands of media outlets nationwide — including all the major news networks and leading publications such as The Wall Street Journal, The New York Times and USA TODAY.