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BOISE, A BETTER PLACE TO OWN A HOME

Good News for Boise Homeowners:

 
Below is a link to an article from StateImpact, written by Molly Messick.  I was attending a Lead Based Paint class, when my phone lit up and I saw, "Worst Place to Buy.....Boise", come across the screen.  I will admit, I couldn't wait for a break and had to read the article right away. I was happy to quickly realize that this was a good thing.

 

The short article mentions that the number of foreclosures fell by 27% from 2011 to 2012. If we look at distress sales of 4 plexes in Ada and Canyon counties, the numbers are even stronger.  We saw a 49% drop in distressed sales from 2011 to 2012.  At the end of 2010, 93% of these 4 plexes were distress sales.  Now the good news, we are now below 10%.  As a result, we have seen 4 plexes appreciate very well over the last year.  Anyway, please take a look, it’s a short read.

 

 

Tony A. Drost
http://www.frpmrentals.com/
http://www.boiseinvestmentproperties.net//
First Rate Property Management, Inc
Boise, ID

 

 

02-05-2013
Tony Drost
Fair Housing
04-12-2014

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