How many Boise Short Sale and Forclosure listings are there?
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You may be surprised to learn the the inventory of short Sales and Foreclosed Homes for Sale has been dropping over the last 6 months across the Boise market. Distressed properties make up the majority of inventory of the Boise Real Estate Market.

Boise Idaho Real Estate

Ada County Resale = 53.46% Distressed

  Homes on
the Market
% of
Total
REO Property 83 6.65%
Forclosed Property 106 8.49%
Short Sale Homes 446 35.71%
HUD Homes 9 0.72%
Auction Properties 10 0.80%
Traditional Real Estate Listings 595 47.64%
Total 1,249 100.00%

 

Canyon County Real Estate Market

Canyon County Resale = 67.40% Distressed

 

  Homes on Market % of
Total
REO Property 40 6.76%
Forclosure Property 85 14.36%
Short Sale Homes 260 43.92%
HUD Homes 10 1.69%
Auction Properties 4 0.68%
Traditional Real Estate Listings 193 32.60%
Total 592 100.00%

source Mike Pennington, John L Scott
www.thepenningtonteam.com
 

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Posted by tlangford at 2/1/2012 5:12 PM Permalink | Trackback
Comments (1)
Re:How many Boise Short Sale and Forclosure listings are there?
While some might be excited to know that there are so many distressed properties , it in not good for the health of the area.
Posted by tlangford on 2/2/2012 8:40 AM
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