2022 Boise Idaho Real Estate Blog

Boise Idaho Short Sale and REO LIstings Drop In November 2011

Main Idaho Real Estate Insights

Short Sales Listings Decrease by 3% . Listed REO?s Down 2.88%.

Boise Short Sales

Boise Foreclosures and Short Sales

Short Sale listings in theTreasureValleyshowed another 3% decrease from listed short sales in October which were also down 3% from September.  With the slow down in foreclosure starts in November short sale listings have also followed the downward trend.

Boise REO's

In looking at listed REO’s we can see a perfect example of lenders practicing inventory control and controlling the number of distressed properties entering the marketplace.  Even though banks are taking back more properties than ever at foreclosure auctions, they are holding them back and not listing them on the market as to not further depress home prices.

Posted by tlangford at 12/22/2011 2:47:00 PM

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