367: Auction.com Market Outlook: Indicators of a Resilient Housing Market with Daren Blomquist
Over the past year, there’s been plenty of uncertainty with a potential recession, rising interest rates and inflation, and a very competitive housing market. Could we be seeing signs that the markets are bouncing back?
Once again, I’m excited to check in with my good friend Daren Blomquist, VP of Market Economics at Auction.com. He always delivers the goods with information and data that is beyond helpful to anyone wondering what is happening in the marketplace and what we can expect to see in the short and long term.
In this conversation, we dig into how interest rates have affected the housing market, where housing prices should be relative to income, the contradictory nature of our economy, and the surprising places where Daren sees distressed and discounted assets for sale.
Key Takeaways with Daren Blomquist
- Why Daren believes we’re seeing a bounce back in the housing market in spite of soaring interest rates.
- Why the market has made it all but impossible to build to fix our supply and demand problems.
- How consumer sentiment is still strong despite high prices and layoffs in tech.
- Why Western markets, Texas, Tennessee, and the Carolinas are all suddenly seeing an influx of distressed and discounted assets.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit https://acceleratedinvestorpodcast.com/367
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