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Thursday, February 16, 2012

Foreclosure Filings in January 2012 Increase

According to a report released by RealtyTrac, a real estate research firm, a total of 652 foreclosure actions were filed throughout the state of Hawaii in the month of January 2012.  Honolulu county had a total of 287 filings, at the rate of 1 per 1,174 households.  Kauai county had 40 filings, at the rate of 1 per 745 households.  Maui county had 126 filings, at the rate of 1 per 559 households.  The Big Island of Hawaii had 199 filings at a rate of 1 per 414 households.  The state as a whole had 1 filing for every 797 households.  By comparison, the national average is 1 filing per 624 households for the month of January 2012.
Source: Honolulu Star Advertiser, 2-16-2012, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com