It is very reassuring to see the percentage of distressed sales dropping in the Treasure Valley. (A distress sale is one where it was a short sale, in foreclosure or bank/ HUD owned.)
In Ada County, from a high of 48.7% in 2011, down to 30% in 2012 and last year on down to 13.9%
Canyon County had a high of 72.7% in 2010, down to 50.3% in 2012 and 23.4% last year.
This year should be lower still, as the end of 2013 in both counties showed a significantly lower number that the beginning of the year. A nearly steady decline was shown in both.
No comments:
Post a Comment