Quantcast

Wednesday May 23, 2012 1:16 pm  

Treasure Valley foreclosures down 13 percent in November (access required)

by Robb Hicken
Published: December 8,2009
Time posted: 1:07 pm
Tags: ,

The number of home foreclosures filed in November in Ada and Canyon counties fell 13 percent from October’s totals, but remained high at 690.

According toIdahoDataProviders.com, 494 of those foreclosure starts came in Ada County, down 16 percent from last month, and the remaining 275 were in Canyon County, down 7 percent from last month.

The 2009 low came in September with 595 foreclosures filed. The high came in July, when lenders began foreclosures on 819 homes.

So far in 2009, Treasure Valley foreclosures are up 72 percent from 2008 and are almost triple 2007’s levels.

Idaho Data President Charlie Nate said he expects foreclosures to drop slightly again in December but then to start rising significantly in January. The dip in November is consistent with historical trends.

The most recent numbers from RealtyTrac, a national foreclosure tracking company, ranked Idaho fifth in the nation for foreclosure rates, with one in every 255 household units in foreclosure.

[Print] [Email] [RSS Feed] [del.icio.us] [Facebook] [Twitter]




3 Responses to “Treasure Valley foreclosures down 13 percent in November (access required)

  1. Defaults Rise By 70% Canyon County|Boise Idaho Area Real Estate Website : Boise Idaho Area Real Estate Website Says:

    [...] a comment Canyon County’s home defaults had dropped off in the last few months of 2009, but they came back with a vengeance in the first month of [...]

  2. Canyon County defaults rise 70 percent in January|Idaho Real Estate Tools and News : Idaho Real Estate Tools and News Says:

    [...] County’s home defaults had dropped off in the last few months of 2009, but they came back with a vengeance in the first month of [...]

  3. Commentary|Boise Idaho Real Estate|Boise Homes For Sale : Boise Idaho Real Estate|Boise Homes For Sale Says:

    [...] a comment Canyon County’s home defaults had dropped off in the last few months of 2009, but they came back with a vengeance in the first month of [...]

RSS Facebook Twitter LinkedIn

By Andrea J. Rosholt

The Affordable Care Act (the “Act”) and its companion legislation have received significant attention since they were signed into law by President Obama on March 23, 2010.  The fate of the Act now rests in the hands of the United States Supreme Court.  Commentators expect the court to hand down a decision in June. Most [...]

By Gordon Davis

You’ve done everything right. You’ve adopted the concept of “perpetuity” so that the firm now thinks and plans for the long term. You’ve groomed a solid core of good leaders who are trusted, share common values, are committed to the firm’s long-term success and are at least two generations deep. You’ve gradually expanded ownership of [...]