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Foreclosure Factors In The Boise Idaho Real Estate Industry By : Gavin J. King The Boise Idaho real estate market was devastated in 2009, with just fewer than 5% of all homes in the area being foreclosed upon that year. Boise has had a year over year increase in foreclosures of 103%, besting the previous record of 2008, putting Boise atop the nations list of highest foreclosure rates. Area homeowners are being forced to go back to the drawing board when they consider they live in the 24th most troubled real estate market in the nation. With so many people in construction due to the rapid development the town experienced over the past 10 years, the 10.1% unemployment figures make sense but do not help.