Sunday, April 1, 2012

Hawaii ranks 15th in U.S. for foreclosures, sees nearly 400% spike in May - Washington Business Journal:

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Foreclosures were up 397.5 percent for the monthb compared withMay 2008, and were up 19.3 percengt over April 2009, according to the latest repor from RealtyTrac issued Wednesday. Hawaii rankeed 15th in the nation for foreclosuresin May, up from 23rd in Hawaii had 816 foreclosure filings in May. There were 684 foreclosured filings in April and 164 foreclosures inMay 2008. Hawaiiu had a foreclosure rate of one filing for every 621 according to the latest survey bythe California-basef real estate research firm. Nevada agaim had the highest foreclosure rate inthe country, with one filingh for every 64 households. California had the second highesft rate forthe month, followexd by Florida.
California had the highestr number of foreclosuresat 92,249. Vermont ranked 50th, with just six foreclosurew at a rate of one filinbg forevery 51,906 households. Nationally, therew were 321,480 foreclosure filings for the month, down 6 percengt from April and up nearly 18 percent from May according tothe report.

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