SOURCE: RealtyTrac

RealtyTrac

September 30, 2014 12:43 ET

RealtyTrac's Vice President Addresses Regional REO Trends at Northeast Real Estate Investors Networking Forum

IRVINE, CA--(Marketwired - Sep 30, 2014) - RealtyTrac® (www.realtytrac.com), the nation's leading source for comprehensive housing information, today announced that vice president, Daren Blomquist, will be the keynote speaker at the Northeast Real Estate Investors' Networking Forum, hosted by RCN Capital, LLC (www.RCNCapital.com) from 6 p.m. to 9 p.m. Thursday, Oct. 23.

Blomquist will address the three primary regional REO trends emerging across the country, helping attendees identify what type of market they are in and what to expect going forward based on the pattern in that market. He will then provide practical steps to find the best distressed discounts in each of those types of markets. Blomquist's keynote address is scheduled to begin at 7:15 p.m. at the TicketNetwork Event and Dining Complex, in South Windsor, Conn.

This event will benefit commercial and investment real estate professionals. Attendees will include investors, real estate and mortgage brokers, mortgage professionals, attorneys, and contractors. Hosted by RCN Capital, LLC, a national, direct, private lender that provides short-term, non-owner occupied property backed loans ranging from $50,000 to $2.5 million and above. RCN Capital is affiliated through common ownership with TicketNetwork. To attend this event or to learn more please visit: RealEstateForum.ezevent.com.

"I'm honored from the invitation by RCN Capital to be the keynote speaker and providing a breakdown of three different types of housing markets as related to the distressed situation that we are seeing most prominently across the country: distress returning to normal, rebounding distress, and repressed distress; and demonstrate how this plays out in local markets emphasizing on the northeast region," Blomquist said. "In addressing these markets we hope to make people more aware of where to buy and what to buy to get the best real estate bargains."

Blomquist is directly responsible for the creation of the company's U.S. foreclosure market and sales reports, which are 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. He has been quoted in hundreds of national and local publications and has appeared on many national network broadcasts, including CBSABC, CNN, CNBC, FOX Business and Bloomberg.

About RealtyTrac Inc.
RealtyTrac is a leading supplier of U.S. real estate data, with nationwide parcel-level records for more than 125 million U.S. parcels that include property characteristics, tax assessor data, sales and mortgage deed records, Automated Valuation Models (AVMs) and 20 million active and historical default, foreclosure auction and bank-owned properties. RealtyTrac's housing data and foreclosure reports are relied on by many federal government agencies, numerous state housing and banking departments, investment funds as well as millions of real estate professionals and consumers, to help evaluate housing trends and make informed decisions about real estate.