Boise Real Estate Source: Kasey & John Boles - Jon Gosche Real Estate, Boise, Meridian, Ada/Canyon/Gem/Boise Counties (Jon Gosche Real Estate, Boise ID)

Another Wave of Foreclosures? Will Boise, Idaho be affected?

Post by John Boles

While we have experienced some leveling in our local Boise, Idaho market the last 3 months there are fears of another wave in foreclosure activity. These fears may be founded as foreclosure starts were up 28% in January and some are of the opinion that we will see foreclosure activity at a greater level in 2012 than we did in 2010.

New Wave of Foreclosures

This new wave of foreclosures is expected to hit borrowers who were not involved in many of the sub-prime mortgages but rather folks with ordinary mortgages that have been affected by the recession.

See Reuters article “Americans Brace For Next Foreclosure Wave”.

See Realtor Magazine's opinion "Next Foreclosure Wave Coming: Reason For Alarm?"

 

Kasey & John Boles 

Jon Gosche Real Estate

3931 S. Sumter Way, Boise Idaho 83709

208.830.6186 /kaseyboles@boiserealtystore.com 

208.830.6185 / johnboles@boiserealtystore.com

Associate Broker, GRI, CRS, REALTOR®, ABR, ePRO, SRS, SFR

Search Like An Agent at kasey.BoiseMeridanRealEstate.com

 

 

This is not intended as solicitation if you are in contract with another real estate agent. 

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Another Wave of Foreclosures? Will Boise, Idaho be affected?
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