Recent Articles by Daren Blomquist

Blue state buyers swing to red state rentals

Blue state buyers swing to red state rentals

Third generation real estate developer Adam Whitmire realizes this is not his father’s housing market. “Because of the financing -- because of the availability of technology and the information, it allows us to connect to local boots on the groun...
By Daren Blomquist | Monday, December 5, 2016
Low supply is threatening the Denver housing high

Low supply is threatening the Denver housing high

The same forces that created the housing boom -- growing demand and scarce supply -- now threaten to hobble continued growth in the Denver residential real estate market, according to local experts ......
By Daren Blomquist | Tuesday, October 4, 2016
A city alley at night When neighborhoods go bad

When neighborhoods go bad

Several years into a real estate recovery that has produced a plethora of bloated local housing markets, investors in 2016 are on the hunt for increasingly elusive cash flow and home flipping profits -- even if that hunt leads them into neighborhoods...
By Daren Blomquist | Thursday, September 1, 2016
An image of innovative computer technology 5 real estate data innovators

5 real estate data innovators

An emerging wave of entrepreneurial companies are leveraging real estate data to provide innovative solutions in a broad spectrum of venues -- from the land title business grounded in centuries-old property law to the wild west of online dating ......
By Daren Blomquist | Monday, August 1, 2016
Sacramento, California Sacramento housing boosted by Bay Area refugees

Sacramento housing boosted by Bay Area refugees

Sacramento housing statistics all point to the telltale signs of a strong seller’s market with a low supply of homes for sale countered by strong demand from local buyers and “Bay Area refugees” flush with cash ......
By Daren Blomquist | Thursday, June 30, 2016
Porter Ranch, California Nightmare on Main Street

Nightmare on Main Street

A silent and invisible enemy attacked Porter Ranch, California, as Halloween approached last year. Residents in this high-end master-planned development about 35 miles northwest of the city of Los Angeles complained of nausea, nosebleeds, and a nasty...
By Daren Blomquist | Friday, April 29, 2016
Portland's Old Town sign Capitalism and conservation: Keeping Portland weird

Capitalism and conservation: Keeping Portland weird

Portland real estate investor Justin Grubb finds himself in the middle of a "civil war going on between capitalism and embracing Portland's weirdness." ......
By Daren Blomquist | Friday, March 25, 2016
How mom-and-pop investors are tackling bubble-era loans

How mom-and-pop investors are tackling bubble-era loans

Robert Woods learned about the world of non-performing loans when he answered a phone call in 2011 from an investor who had purchased Woods’ strategically defaulted loan and was foreclosing. “We signed a deed-in-lieu (of foreclosure) and the hous...
By Daren Blomquist | Wednesday, February 24, 2016
2016 Housing Market Trends & Forecasts

2016 Housing Market Trends & Forecasts

As we ring in a New Year, Housing News Report asked six prominent economists to forecast what 2016 will bring for the U.S. housing market. For housing, 2015 was a strong year, with home sales high and home prices continuing to rise. Overall, the econ...
By Daren Blomquist | Tuesday, February 2, 2016
Rise in shared homeownership fueled by cost and culture

Rise in shared homeownership fueled by cost and culture

The dream of homeownership is alive in Portland, Oregon, for Rhea Hindemit -- thanks to a shared home purchase involving both her boyfriend and her dad. "I have always wanted to buy, understanding that it is a great investment," 34-year-old Hindemit ...
By Daren Blomquist | Monday, December 28, 2015
Markets where sellers are reaping big profits from price gains

Markets where sellers are reaping big profits from price gains

Nationwide homeowners who sold during the third quarter of 2015 sold for an average of $40,658 more than what they purchased their home for, translating into an average gain of 17 percent. That was the biggest percentage gain for U.S. home sellers si...
By Daren Blomquist | Tuesday, November 17, 2015
Where home-flipping profits flow like wine

Where home-flipping profits flow like wine

After fizzling out to a 15-year low a year ago, home flipping has undergone a bit of a resurgence in 2015 thanks, at least in part, to a surge in low down payment FHA buyers, many of whom are millennials looking for their first home. Single-family ho...
By Daren Blomquist | Wednesday, November 4, 2015
San Francisco is sweet for sellers, bitter for buyers

San Francisco is sweet for sellers, bitter for buyers

Bill Newland has a bit of a love-hate relationship with the San Francisco real estate market. “Real estate can be awful, but sometimes it can be wonderful,” said Newland, who owns a 32-unit apartment building in the historic Dogpatch neighborhood...
By Daren Blomquist | Monday, November 2, 2015
San Diego housing market not out of steam — yet

San Diego housing market not out of steam — yet

Two years ago the San Diego housing market hit a soft patch that likely did not register on the radars of most casual market observers, but it drew the attention of some housing data geeks ......
By Daren Blomquist | Friday, October 30, 2015
Markets with the most home equity haves and have-nots

Markets with the most home equity haves and have-nots

The number of U.S. homeowners seriously underwater -- owing at least 25 percent more on combined mortgages secured by their home than the estimated market value of the home -- dropped by 1.2 million in the third quarter of 2015 compared to a year ago...
By Daren Blomquist | Tuesday, October 27, 2015
Which housing markets will become unaffordable if interest rates rise?

Which housing markets will become unaffordable if interest rates rise?

Many experts expect interest rates to rise later this year or early next year. Although the experts have been wrongly predicting rising interest rates for some time, and there is a compelling argument that interest rates could even go negative, Realt...
By Daren Blomquist | Thursday, October 22, 2015
Zillow Utah Infographic: 5 markets where buyers are back in 2015

Infographic: 5 markets where buyers are back in 2015

Through August, sales of single-family homes and condos were at an eight-year high nationwide with a growing share of buyers using FHA loans to purchase. RealtyTrac looked at the markets with at least 10,000 single-family home and condo sales through...
By Daren Blomquist | Tuesday, October 13, 2015
Why being a sports fan might hurt your chances of finding the best deal on a home

Why being a sports fan might hurt your chances of finding the best deal on a home

The analysis found that October was the best month to buy furthest below market value; it's followed by February, July, January and December. With the glaring exception of July, all those months fall in line with the real estate rule of thumb that th...
By Daren Blomquist | Tuesday, October 6, 2015