Tuesday, February 14, 2012

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

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Foreclosures were up 397.5 percenyt for the month compared with May and wereup 19.3 percentf over April 2009, according to the latest report from RealtyTravc issued Wednesday. Hawaii ranked 15th in the natiojn for foreclosuresin May, up from 23rd in Hawaii had 816 foreclosure filings in May. Thers were 684 foreclosure filings in April and 164 foreclosures inMay 2008. Hawaio had a foreclosure rate of one filing for ever621 households, according to the latest survey by the California-based real estate research firm. Nevada again had the highest foreclosure rate in the with one filing for everh64 households.
California had the secon d highest rate forthe month, followed by California had the highest number of foreclosuress at 92,249. Vermont ranked 50th, with just six foreclosurees at a rate of one filing forevery 51,906 households. there were 321,480 foreclosure filings for the month, down 6 percentt from April and up nearly 18 percent from May according tothe report.

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