Spike in foreclosures telling, but not severe
Updated on May 14, 2008 Hawaii Standard Time.
There were 210 foreclosure filings statewide in April, or roughly triple the rate of the same month last year when there were 66 filings, the California-based real estate research firm said in a report. Hawai'i's foreclosure rate, at one filing per 2,381 households, diminished the state's ranking among other states to 15th lowest in April from sixth lowest in March. In the past 12 months Hawai'i's ranking has fluctuated between sixth lowest and 11th lowest.
Publication: honoluluadvertiser.com
Date of Publication: May 14, 2008
Article URL: http:/ / www.honoluluadvertiser.com/ apps/ pbcs.dll/ article?AID=2008805140373
Comments by Sachiko
The number of foreclosure is still lower than that of mid-1990s housing slump.
