Boise ID Foreclosures

Boise Idaho Foreclosures | 2011

boiseidforeclosures — Thu, 12 Jan 2012 19:27:03 +0000

The number of Boise Idaho foreclosures sales were higher for the first eight months of 2011 than for 2010. However, beginning in August 2011, the number of foreclosures in Boise, Idaho showed a steady decline through the end of the year. This is a vast improvement from earlier in the year when foreclosures were as high as, or higher than, any other time in the last 2 years.

As can be seen in the graph below, the market share of Boise Idaho foreclosures in 2011 were lower than 2010 levels for the last half of the year. According to Boise market statistics, in June 2011, the market share of Boise foreclosures dropped below 50% for the first time since November 2010.

NE Boise holds the lowest market share with 11%, followed by North Boise and SE Boise. The remaining areas are closely spaced, ranging between 45% and 54% of the Boise foreclosure market share.

Boise ID Foreclosures | June ’10

boiseidforeclosures — Sat, 17 Jul 2010 15:50:46 +0000

In June, there were 349 home sales in Boise. 38.7% were Boise ID foreclosures with 79 bank-owned sales & 56 short sales. This is up from 26.4% a year ago but lower than December through April that ranged from 40-50%.

The Boise ID foreclosure market has a smaller influence of foreclosures than many other areas of the county. The following two charts show the percentage of homes currently for sale that are short sales & percentage that are bank-owned in Ada County.

As you can see, the areas closest into Boise generally have a lower percentage of foreclosures. N & NE Boise have less than half the foreclosures as compared to most other areas of the county. S & SW Boise have some of the most short sale competition while the Boise Bench has one of the highest percentages of bank-owned properties.

Search Boise ID foreclosures by browsing the short sales or getting a list of bank-owned properties.

Boise Idaho Real Estate | September 09 Market Statistics

Jace Stolfo — Wed, 14 Oct 2009 01:42:24 +0000

Home sales in the Boise Idaho real estate market leaped to its highest level in months during September, with 322 home sales. This amount is enough to even outpace the summer months, as many people are buying now to get in before the tax credit deadline. The graph below shows total sales for the Boise Idaho real estate market over the last five months:

Of the 322 home sales in the Boise Idaho real estate market, SW Boise-Meridian led the way with 17% of the total, with W Boise-Garden City close behind at 16%. The entire breakdown of sales is shown in the following graph:

Boise Idaho foreclosures made up 32.9% of all the home sales ( bank-owned sales or Boise ID short sales). This percentage is up from previous months, as the chart below shows:

Data source: Boise MLS (IMLS). Information not guaranteed.

Boise Idaho Foreclosures | August ’09

Jace Stolfo — Fri, 04 Sep 2009 17:50:19 +0000

Boise Idaho Foreclosures accounted for 29% of home sales in August. There were 32 Boise short sales (12%) and 47 Boise bank-owned sales (17%) as shown in the graph below.

Some areas of Ada County are influenced more heavily by foreclosures than others. As you can see below, the Boise Idaho foreclosure market had the second lowest market share (29%) while Eagle had the highest (53%). This Boise foreclosure market share is about even with the previous three months.

In the Boise real estate market, 273 homes sold during the month of August, this number is only a bit less than the previous two months when 309 homes sold in July, and 303 homes sold in June. In August, the median home sold price was $171,500 and the average home sold price was $201,234.

Start your search for Boise Idaho foreclosures now.

Information deemed reliable but not guarenteed.

Boise Foreclosure Market Ranks 32nd

boiseidforeclosures — Fri, 31 Jul 2009 21:03:04 +0000

The Boise foreclosure market (Treasure Valley) ranked 32nd among 200 metro areas looked at by Realtytrac.com. 2.2% of the areas housing market had a foreclosure filing. Interestingly, the number of foreclosure sales in Boise has been actually decreasing. In June 2009 they only accounted for 26% market share verses 38% in April.

Short sales currently make up about 20% of the homes for sale in Ada County while bank-owned homes only account for about 4%. If you’re looking for Boise foreclosures you can search the Boise short sales or request a list of Boise bank-owned real estate.

Disclaimer: Information not guaranteed.

IHFA Buying Idaho Foreclosures

boiseidforeclosures — Mon, 11 May 2009 19:35:08 +0000

The Idaho Housing and Finance Association has a new program to buy Idaho Foreclosures, renovate, then resell them at cost. The total budget is $13.5 million with largest share going to Ada & Canyon County ($10 million). A study was done to determine where Idaho foreclosures had the most impact by zip code:

1. Nampa 83687

2. Caldwell 83605

3. Nampa 83686

4. Nampa 83651

5. Meridian 83642

6. Caldwell 83607

7. Twin Falls 83301

8. Boise 83709

9. Kuna 83634

10. Post Falls 83854

Source: Idaho Housing and Finance Association

Search for Boise Idaho Foreclosures here.

You can get the more information on this plan to buy Idaho Foreclosures here.

Information not guaranteed.

Boise Foreclosures make it #27 in the Country

boiseidforeclosures — Thu, 07 May 2009 03:59:17 +0000

According to Realtytrac, the four states with the highest foreclosures are Nevada, Arizona, California, and Florida. These states account for the top 26 cities for foreclosure rates. The Boise Metro area makes the list at #27 with one foreclosure notice for every 85 households. The top city, Las Vegas, has 1 foreclosure notice for every 22 households.

Search Boise short sale properties on this website or request a free list of bank-owned real estate.

Information not guaranteed.

Boise Foreclosures – March ’09

boiseidforeclosures — Sun, 12 Apr 2009 04:59:04 +0000

For the third month in a row, the number of Boise foreclosure starts set a record in March. Ada County notice of defaults were up 5.3 percent from last month with 449 from 426 (data source: Idaho Data Providers).

The number of real estate sales in Boise and Ada County also increased. Sales increased from 265 to 369, a 28% increase. Search Boise short sales and request a list of Boise bank-foreclosures here.

Boise Foreclosures in February ’09

boiseidforeclosures — Mon, 16 Mar 2009 02:43:57 +0000

The number of foreclosures in Boise Idaho continues to rise. In February, Ada County registered 426 notices of default, up from 342 the preceding month. Canyon County also set record with 294 default notices filed (Data Source: Idaho Data Providers).

The notice of default is the formal start to the foreclosure process. Under a deed of trust, homes can be auctioned off no sooner than 120 day’s after filing.

Search Boise short sales and request a list of Boise bank-foreclosures here.

Information not guaranteed.