If you haven't heard the story, here's the link from NPR: http://www.npr.org/2012/04/24/151276146/new-home-sales-drop-after-big-revision
And here's something even niftier, also from NPR, an interactive map that shows county-by-county foreclosure and unemployment rates, plus median household income: http://www.npr.org/templates/story/story.php?storyId=111494514. Here's what the local numbers were:
Bonneville
39,731 households
Foreclosures: 1 in 1,046
Bingham
16,141 households
Foreclosures: 1 in 2,306
Jefferson
8,722 households
Foreclosures: 1 in 2,907
Madison
11,280 households
Foreclosures: Data not available
Fremont
8,531 households
Foreclosures: 1 in 4,266
The best local figures I have for real estate come from the Snake River Multiple Listing Service. Crunching the numbers from the first three months of 2011 and 2012, it looks like business is picking up in Bonneville County and at least holding steady in the outlying areas. Take a look for yourself: