According to a report released by RealtyTrac, a total of 2,075 homes sold in Hawaii in 2011 were either foreclosures or lender sales. This represented a total of 10.5 percent of all home sales for the state, and an increase from the 9.1 percent of sales reported in 2010. As a point of comparison, 23 percent of sales across the nation were either foreclosures or bank sales in 2011. Nevada had the number of foreclosure and bank sales in 2011 with 54.1 percent.
Source: Honolulu Star Advertiser, 3-1-2012, 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
