According to a report released by RealtyTrac, a real estate research firm, in the first quarter of 2012 Honolulu had one foreclosure for every 490 households. This decrease ranked Honolulu as the 64th lowest metropolitan area in the country out of 212 cities with a population of 200,000 or greater. In comparison, Stockton, California had the worst rate in the country with one foreclosure for every 60 housholds. The average rate for all 212 metro areas was one case per 230 households.
Source: Honolulu Star Advertiser, 4-26-2012, 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
