Idaho saw more foreclosure filings from July through September than it did in the previous quarter of the year, according to RealtyTrac data released today. The number of filings inched up by 5.6 percent from the second to third quarters.
Idaho has the 14th highest foreclosure rate in the nation, with one of every 294 housing units experiencing a foreclosure filing over the more recent quarter. While that might not sound great, the state’s housing market has seen substantial improvement over the last year, based on RealtyTrac’s numbers and other statistics.
The number of Idaho properties experiencing foreclosure filings has decreased by 45 percent compared to a year ago, RealtyTrac says.