Idaho is leading the nation in an important statistic, but unfortunately it isn’t related to Boise State football.
According to a report from CoreLogic, based in Santa Ana CA, the average selling price on homes for sale in Idaho dropped 7.2 percent from April 2009 to April 2010. Compared to the national average decline of 2.6 percent, that makes Idaho the state with the highest percentage decline in the United States.
Owners of Boise homes for sale are definitely feeling the pain and complaining about it on the comment board of the Idaho Statesman’s website were the CoreLogic report was cited on 6/22/2010.
CoreLogic also reported that without distressed property sales, such as foreclosures and short sales, the decline was only 0.7 percent.