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Idaho Valley Foreclosures Down 25% in October!: 11/08/2010
Idaho Valley Foreclosures Down 25% in October!
REO’s Decline for 1st Time in 10th Months, Down 25%!
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The peaks and valleys of local NOD filings continue. After a 21% increase in September with775 filings in Ada and Canyon Counties, defaults are back down 25% for the month of October
with 582 filings. The 582 filings is the second lowest monthly total in 2010 only behind June when 557 defaults were recorded.
Since January of 2010 Ada County has averaged 418 default starts a month and Canyon County has averaged a total of 280 default starts. Together Ada and Canyon Counties have averaged 697 foreclosure filings a month to date in 2010.
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Idaho Valley Foreclosures Down 25% in October!