Idaho Ranks in the Top 10 Ten States with the Highest Foreclosure Rates

The national average for home foreclosures is 2.3%.  RealtyTrac’s Year-End U.S. Foreclosure market report reveals that Idaho’s foreclosure rate is at 2.98% and ranks Idaho 8th in the top ten states with the highest foreclosure rates.  However, in light of RealtyTrac’s findings, the executive director of the Ada County Association of Realtors, Marc Lebowitz, states that housing inventory in Idaho has decreased significantly since mid-2007.  Find out how large the decrease to the housing inventory in Idaho is and which other states ranked in RealtyTrac’s top 10:

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