Outlook 2021: What’s in Store for the Real Estate and Foreclosure Markets

Join us as we take a look at the latest economic, real estate and foreclosure trends, with a focus on how those trends are impacting the residential and commercial markets, and the implications for real estate investors in the coming year.

This webinar will include a data-driven deep dive into sizing the backlog of delinquencies and potential defaults building due to the foreclosure moratoria and mortgage forbearance programs.  As we provide estimates of when and how much of that backlog will eventually become foreclosures, we’ll also discuss acquisition opportunities for investors to consider in both the shorter term and longer term.

Speakers:

Rick Sharga

Rick is the Executive Vice President of RealtyTrac, a leading foreclosure search and discovery website used by real estate agents and investors. In this role, Rick is responsible for Marketing and Industry Relations, and is the company’s primary spokesperson. Prior to RealtyTrac, Rick was the founder and CEO of CJ Patrick Company, a consulting firm that helped real estate, financial services, and technology companies develop a position of competitive advantage and use it to drive business strategy, marketing, and sales.

One of the country’s most frequently-quoted sources on real estate, mortgage and foreclosure trends, Rick has appeared regularly over the past 15 years on CNBC, the CBS Evening News, NBC Nightly News, CNN, ABC World News, FOX, Bloomberg and NPR. Rick is a founding member of the Five Star National Mortgage Servicing Association, a member of the Board of Directors of REOMAC, and was included in the Inman News Inman 100, an annual list of the most influential leaders in real estate in both 2013 and 2014.

An accomplished executive with over 25 years of experience in consumer and B2B marketing, Rick was formerly an Executive Vice President for Carrington Mortgage Holdings, and Chief Marketing Officer of the company’s Vylla business unit. Rick was previously the Chief Marketing Officer of Ten-X, the leading online real estate marketplace, where he started in July of 2013 as EVP of the company’s Auction.com business unit.

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.


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