Auction.com published a research summary from John Comeau, CFA at the Five Star conference highlighting unaffordability affecting the housing market for prospective homebuyers and current homeowners.
Published
Signal category
Research & Knowledge
Quote
“My headline takeaway: Unaffordability continues to cast a dark shadow across the housing market, both for prospective homebuyers as well as for homeowners, particularly those who purchased in the last four years.”
— Daren Blomquist|Auction.com team
Company
Auction.com
Beyond the Bid
- Industry
- Real Estate
- Location
- Irvine, US
- Company size
- 437 employees
To view open positions with Auction.com, please visit https://www.auction.com/lp/careers/ Transforming Real Estate: Auction.com Is the Nation’s Leading Auction Platform for Foreclosure, including Sheriff's Sale Properties, Bank-Owned, and Short Sale Auction.com is the nation's largest foreclosure and bank-owned real estate auction marketplace. Specializing in REO and foreclosure residential properties, we go beyond the bid to create better outcomes for neighborhoods, buyers, and sellers through transparency, technology, and care. One of our critical goals is to make homeownership more accessible. Leading Auction Platform for Bank-Owned and Foreclosed Properties Auction.com facilitates the buying and selling of properties often unavailable on the MLS (Multiple Listing Service). With over 524,000 property transactions and $64 billion in total sales, we’re committed to transparency and accessibility. Our innovative Remote Bid technology allows buyers to bid on and win foreclosure properties from anywhere. It’s important to note that Auction.com does not own listed homes or set prices, ensuring an unbiased platform for buyers and sellers. To view open positions with Auction.com, please visit https://www.auction.com/lp/careers/ Auction.com is headquartered in Irvine, CA with offices in key markets nationwide. Investors include THL (Thomas H. Lee Partners), CapitalG (formerly Google Capital) and Stone Point Capital. To learn about Auction.com, LLC, please visit www.auction.com/lp/about-us/ LICENSING INFORMATION: Licensing Link: https://www.auction.com/lp/legal/licensing-disclosures Texas Real Estate Commission Information About Brokerage Services: http://mlhdocs.com/legal/agencydisclosures/ADC/Texas.pdf Consumer Protection Notice: http://mlhdocs.com/legal/TexasCPN.pdf
Founded 2007