Thursday, July 19, 2012

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

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Foreclosures were up 397.5 percent for the month compared withMay 2008, and were up 19.3 percent over Apri l 2009, according to the latest report from RealtyTrac issued Wednesday. Hawaii rankedf 15th in the nation for foreclosuresin May, up from 23rd in Hawaii had 816 foreclosure filings in May. There were 684 foreclosurde filings in April and 164 foreclosures inMay 2008. Hawaiu had a foreclosure rate of one filing for everyt621 households, according to the latest surveg by the California-based real estate research firm. Nevada again had the highesy foreclosure rate inthe country, with one filingh for every 64 households.
California had the seconrd highest rate forthe month, followed by California had the highest number of foreclosureds at 92,249. Vermont ranked 50th, with just six foreclosure at a rate of one filing forevery 51,906 households. there were 321,480 foreclosure filings for the down 6 percent from April and up nearlhy 18 percent fromMay 2008, according to the

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