{"id":10129,"date":"2012-08-23T07:00:42","date_gmt":"2012-08-23T13:00:42","guid":{"rendered":"http:\/\/stateimpact.npr.org\/idaho\/?p=10129"},"modified":"2012-08-22T22:01:31","modified_gmt":"2012-08-23T04:01:31","slug":"idahos-foreclosure-problem-better-but-still-here","status":"publish","type":"post","link":"https:\/\/stateimpact.npr.org\/idaho\/2012\/08\/23\/idahos-foreclosure-problem-better-but-still-here\/","title":{"rendered":"Idaho’s Foreclosure Problem: Better, But Still Here"},"content":{"rendered":"
\"\"<\/a>

Molly Messick \/ StateImpact Idaho<\/p>

Craig Nolte is a Regional Manager for Community Development at the Federal Reserve Bank of San Francisco, one of the event's sponsors.<\/p><\/div>\n

A foreclosure counseling event<\/a> in downtown Boise Wednesday offered a window into how homeowners are faring, years after Idaho\u2019s foreclosure rate<\/a> began to climb.\u00a0 The basic message was this: we\u2019re not out of the woods yet.<\/p>\n

In August<\/del> 2011, Idaho\u2019s foreclosure rate was the fifth highest in the nation, based on data from RealtyTrac.\u00a0 But the last twelve months brought positive change.\u00a0 Property values took a turn for the better, homebuilders reported rising demand, and the state\u2019s foreclosure rate began to fall.<\/p>\n

Still, the rate remains high, and that may not change soon.\u00a0 Gavin Gee heads the Idaho Department of Finance<\/a>, one of the foreclosure workshop\u2019s sponsors.<\/p>\n

“Our economy, I think, overall is getting better, but we still have a lot of challenges in the general economy and the overall broader economy, and as long as we have those challenges, I think we\u2019re still going to have foreclosure issues,” he says.<\/em><\/p>\n

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