Boise State Broncos And ESPN Game Day

Boise State Broncos and ESPN game day are finally here!! Fiesta bowls victories with undefeated seasons all the talk about this great program and ESPN finally gets it right. Saturday September 25th 2010 should be marked on your calendars as this not only huge for Boise it is just as large for the state of Idaho. Getting more of this national attention drives interest to Idaho. It has been said many times even if your not a BSU fan or college football fan how can you not be excited for an organization that is doing so well. The Boise Open is bringing lots of action to Boise local business’s and it is also on the Golf Channel for four days which brings attention from thousands of people that may not even know where Idaho is.. There will be millions of people watching this and thinking wow this Boise looks like a place I want to be. Here it is: Top 5 college football program that is nestled in the middle of the city of trees that includes a river that flows down through the heart, mountain ranges surrounding, communities filled with the neighbors you like to know – I will say it again, I love being from Idaho it’s the place we call home.

Joshua Groesbeck

208-353-7131 or josh@homeswithjosh.com and of course www.homeswithjosh.com

The on-air personalities for ESPN’s College GameDay expect the 3-hour pregame show to originate from Boise State on Sept. 25.

Analyst Lee Corso triggered a round of banter among the show’s hosts Saturday morning when he said that Boise State doesn’t belong in the national championship discussion because of its schedule.

“And I’m saying it although we’re going to Boise State in a couple weeks,” Corso said on the air.

Show host Chris Fowler suggested that Broncos fans would remember that comment.

“That’ll be my kind of weather,” Kirk Herbstreit said.

“Won’t be his kind of crowd,” Fowler said, indicating Corso.

ESPN spokesman Mike Humes immediately tried to downplay the Boise State talk, but it’s clear the Boise State-Oregon State game is at the top of the list for Sept. 25.

“(Corso) was just speculating in good nature,” Humes said by e-mail. “We still need to make sure everyone wins.”

Boise State could face competition from the Alabama-Arkansas game that day. That contest has the potential to become a Top 15 blockbuster if the Razorbacks win this week at Georgia.

But if No. 3 Boise State (at Wyoming) and Oregon State (vs. Louisville) win Saturday as expected, it looks like one of college football’s coolest events will originate from the Boise State campus.

The Broncos and Beavers meet Sept. 25 at Bronco Stadium in a game slated to air on ABC, ESPN or ESPN2 (time TBA).

GameDay never has been to Boise, but it has flirted with the idea twice, most recently for last year’s Boise State-Idaho game.

This year, like last year, ESPN has sent Boise State preliminary information about what is required for a host site. ESPN targets a few games per weekend about three weeks in advance and then tweaks the list as games are played, Humes said.

The GameDay producers and on-air personalities usually come to a consensus Sunday morning about the site for the following weekend. They look for the biggest game of the day and compelling storylines, Humes said.

“You have to look at the full matchup,” Humes said.

And that has been the problem in getting GameDay to Boise. The Broncos’ best home games usually are played on weekdays. This year, though, the Broncos’ most-attractive home game falls on a Saturday.

Other notable games that day include Oklahoma-Cincinnati, West Virginia-LSU, UCLA-Texas, South Carolina-Auburn and Stanford-Notre Dame.

source: Chad Crippe Idaho Stateman

Repossessed Homes Hit All Time High

Repossed Homes Hit All Time High in August. Some say recovery may not be until 2014. If you or anybody you know is looking for help in this market please feel free to call Josh Groesbeck 208-353-7131 or josh@homeswithjosh.com and always visist www.homeswithjosh.com

The nation’s banks repossessed a record number of homes in August, according to industry sources. RealtyTrac, an online foreclosure sale site, will release its monthly numbers on Thursday, but sources there confirm the number of repossessions will come in just shy of 100,000 for the month.

CNBC.com

That is the highest since the site began tracking in 2005. July’s repossession number was the second highest on record. The last highest was 93,777 in May of 2010.

Notices of Default, which are the first step in the foreclosure process, are up slightly but mostly thanks to a jump in California, where the numbers had been artificially low of late, as banks tried to modify borrowers.

“With respect to the NOD increase, I think it is the modification redefault wave beginning to build and new modifications slowing to a trickle, indicating banks have lost their primary borrower re-leveraging tool,” says mortgage industry consultant Mark Hanson.

Yesterday J.P. Morgan Chase [JPM  41.07  0.35  (+0.86%)   ] cited the “shadow inventory” of foreclosed properties as one of their primary reasons for pushing back their expectations for a housing recovery as far as 2014. No question, a growing supply of repossessed properties will put further downward pressure on home prices, especially given the current 12.5 month supply of existing homes already for sale.

The question now is: Where does the government go from here? Some argue that housing needs to correct on its own, without artificial stimulus, as painful as it will be, in order to recover fully. What the Obama Administration has to decide is, will that correction, involving millions of foreclosures, take too large a toll on the greater economy?

Foreclosures Down And Short Sales Up

Here is an insightful video from  CNBC  and what to expect from the housing market in the months ahead. If you have questions or would like assistance with your home please don’t hesitate to call or email, Josh.

Exiting Home Sales Down

Joshua Groesbeck

208-353-7131 or josh@homeswithjosh.com

www.homeswithjosh.com or www.idshortsale.com

Idaho Foreclosures

But, you have to act quickly. The tax credit applies to a principal residence bought by April 30, 2010, and you must close by June 30, 2010.

However, there are many misconceptions about who qualifies and for how much. Here are six essential facts about the tax credit.
The year-end totals are in, and Idaho ranks No. 6 for most per-property foreclosures in the nation.

A grand total of 17,161 properties were foreclosed on in 2009, or one in every 37 houses. That number is double what it was in 2008 and almost four times what it was in 2007, according to RealtyTrac.com.

Nevada fared the worst in the country, with one in every 10 properties entering foreclosure. Only 0.05 properties in Vermont, on the other end of the spectrum, went through foreclosure in 2009.

The national average was one in every 45 properties.

“As bad as the 2009 numbers are, they probably would have been worse if not for legislative and industry-related delays in processing delinquent loans,” RealtyTrac CEO James Saccacio said in a press release. “After peaking in July with over 361,000 homes receiving a foreclosure notice, we saw four straight monthly decreases driven primarily by short-term factors: trial loan modifications, state legislation extending the foreclosure process and an overwhelming volume of inventory clogging the foreclosure pipeline.

“Despite all the delays, foreclosure activity still hit a record high for our report in 2009, capped off by a substantial increase in December. In the long term a massive supply of delinquent loans continues to loom over the housing market, and many of those delinquencies will end up in the foreclosure process in 2010 and beyond as lenders gradually work their way through the backlog.”