So they are showing Idaho above the median with 44%. Perhaps there is consolation in knowing there are states worse off than us, but not much for those homeowners involved.
Tuesday, March 29, 2011
Idaho's Delinquent Loans
Much of my real estate activity in the Boise, Meridian and Nampa markets consists of distressed properties. Homes that are either short sales or bank repos. According to the National Association of Realtors, Idaho is one the harder hit areas of the country. They published a map showing the percentages by state of the share of sales that were distressed sales.
So they are showing Idaho above the median with 44%. Perhaps there is consolation in knowing there are states worse off than us, but not much for those homeowners involved.
So they are showing Idaho above the median with 44%. Perhaps there is consolation in knowing there are states worse off than us, but not much for those homeowners involved.
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