Idaho Falls Foreclosures Rising
Published at(IDAHO FALLS) – The number of home foreclosures in Idaho Falls is on the rise, but experts say, it’s still a buyer’s market. Local News 8 reports that nearly one in six homes on the market in Idaho Falls are distressed — a ten percent increase from this time last year. Realtors say the market “isn’t as bad as it’s rumored to be,” but that it’s not as good as they’d like it to be. Home buyers are offering less money for foreclosed homes — a trend realtors say is the result of home sellers having unrealistic expectations of what their homes are worth.