{"id":7776,"date":"2012-05-31T14:15:01","date_gmt":"2012-05-31T20:15:01","guid":{"rendered":"http:\/\/stateimpact.npr.org\/idaho\/?p=7776"},"modified":"2012-05-31T13:51:33","modified_gmt":"2012-05-31T19:51:33","slug":"good-sign-homes-in-foreclosure-are-a-smaller-share-of-idaho-sales","status":"publish","type":"post","link":"https:\/\/stateimpact.npr.org\/idaho\/2012\/05\/31\/good-sign-homes-in-foreclosure-are-a-smaller-share-of-idaho-sales\/","title":{"rendered":"Good Sign: Homes In Foreclosure Are A Smaller Share Of Idaho Sales"},"content":{"rendered":"<div id=\"attachment_7777\"  class=\"wp-caption module image left\" style=\"max-width: 300px;\"><a class=\"fancybox\" title=\"\" href=\"http:\/\/stateimpact.npr.org\/idaho\/files\/2012\/05\/1-19-Housing-Inventory.jpg\" rel=\"\"><img decoding=\"async\" loading=\"lazy\" class=\"size-medium wp-image-7777\" title=\"Sold Home\" src=\"http:\/\/stateimpact.npr.org\/idaho\/files\/2012\/05\/1-19-Housing-Inventory-300x204.jpg\" alt=\"\" width=\"300\" height=\"204\" srcset=\"https:\/\/stateimpact.npr.org\/idaho\/files\/2012\/05\/1-19-Housing-Inventory-300x204.jpg 300w, https:\/\/stateimpact.npr.org\/idaho\/files\/2012\/05\/1-19-Housing-Inventory.jpg 594w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><p class=\"wp-media-credit\">Justin Sullivan \/ Getty Images News<\/p><p class=\"wp-caption-text\"> <\/p><\/div>\n<p>More than 22 percent of the homes sold in Idaho in the first four months of the year were in some stage of foreclosure.\u00a0 That might sound like a lot, but it\u2019s actually a sign of improvement in the state\u2019s housing market.<\/p>\n<p>Why? Because <a href=\"http:\/\/www.realtytrac.com\/content\/foreclosure-market-report\/q1-2012-us-foreclosure-sales-report-7213\" target=\"_blank\">the numbers from housing data provider RealtyTrac<\/a> show that the proportion of foreclosure homes sold in the state has dropped by more than 30 percent over the last year.\u00a0<!--more--><\/p>\n<p>In other words, those homes now make up a smaller percentage of total sales in Idaho than they did in early 2011.\u00a0 That\u2019s an indication of a market that\u2019s starting to normalize.<\/p>\n<p>Greg Manship, CEO of the Intermountain Multiple Listing Service, says there are other positive signs, too.\u00a0 &#8220;We\u2019ve seen an uptick in the average price, the median price, the number of sales, and our inventory is starting to uptick,&#8221; he says.\u00a0 &#8220;So, all in all in our local market, the bottom has passed us, and we\u2019re seeing signs of improvement here.&#8221;<\/p>\n<p><em><\/em>Judging by the <a href=\"https:\/\/stateimpact.npr.org\/idaho\/wp-admin\/post.php?post=7776&amp;action=edit&amp;message=10\" target=\"_blank\">data released today<\/a><strong><\/strong>, Idaho is bucking the national trend.\u00a0 Across the U.S., the percentage of homes sold that are in some stage of foreclosure has ticked up by more than eight percent since the end of last year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>More than 22 percent of the homes sold in Idaho in the first four months of the year were in some stage of foreclosure.\u00a0 That might sound like a lot, but it\u2019s actually a sign of improvement in the state\u2019s housing market. Why? Because the numbers from housing data provider RealtyTrac show that the proportion [&hellip;]<\/p>\n","protected":false},"author":46,"featured_media":7777,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[13],"tags":[40,46],"acf":[],"_links":{"self":[{"href":"https:\/\/stateimpact.npr.org\/idaho\/wp-json\/wp\/v2\/posts\/7776"}],"collection":[{"href":"https:\/\/stateimpact.npr.org\/idaho\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stateimpact.npr.org\/idaho\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stateimpact.npr.org\/idaho\/wp-json\/wp\/v2\/users\/46"}],"replies":[{"embeddable":true,"href":"https:\/\/stateimpact.npr.org\/idaho\/wp-json\/wp\/v2\/comments?post=7776"}],"version-history":[{"count":0,"href":"https:\/\/stateimpact.npr.org\/idaho\/wp-json\/wp\/v2\/posts\/7776\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stateimpact.npr.org\/idaho\/wp-json\/wp\/v2\/media\/7777"}],"wp:attachment":[{"href":"https:\/\/stateimpact.npr.org\/idaho\/wp-json\/wp\/v2\/media?parent=7776"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stateimpact.npr.org\/idaho\/wp-json\/wp\/v2\/categories?post=7776"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stateimpact.npr.org\/idaho\/wp-json\/wp\/v2\/tags?post=7776"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}