Realty Trac released their statistics on January 14, 2010 and foreclosures in Spokane County fell in 2009 compared to the two previous years.  It is a nice boost for Spokane.  Unfortunatley, the same cannot be said for Kootani County. 

There were 979 properties in Spokane subjet to a foreclosure notice; this is a 15% decerease from 2008 and a 3% decrease from 2007.  A total of one-half of one percent of homes in Spokane County received a notice of a trustee sale or was repossessed by a bank.

For Kootenai County, RealtyTrac reported 1,552 foreclosure filings.  This is an 87% increase from 2008 and a whopping 310% jump from 2007.  Only 46 properties received a notice in 2006!  This accounts for 2.6% of homes in Kootenai County receiving a notice of default or trustee sale.

Both the Spokane and Coeur d' Alene assocations of Realtors suggest both markets were showing signs of improvement at year's end.