Hawaii Foreclosures down 70% in May

Real Estate Agent with East Oahu Realty - Selling Honolulu, Hawaii Condos

Hawaii Foreclosures down 70% in May

According to "Pacific Business News" online, "The number of foreclosures in Hawaii fell 70 percent in May, compared to a year ago, to 267 filings, or one for every 1,946 housing units, according to a report by RealtyTrac."

"Hawaii was ranked No. 40 in the nation for foreclosures, according to RealtyTrac. The Honolulu Star-Advertiser reports that the dramatic drop in the number of filings was due to foreclosure law passed by the Hawaii Legislature last year that led lenders to stop filing nonjudicial foreclosures, creating a backlog in the courts."

Read More at Honolulu Star-Advertiser

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Mahalo For Reading.

If you or anyone you know is thinking about buying or selling a condo in Honolulu, Hawaii, it would be my pleasure to help. 

Douglas Fischer, R.A., REALTOR, C.C.E., C.D.P.E.. e-Pro

East Oahu Realty, Inc.





Douglas is an experienced and respected Honolulu, Hawaii Realtor Associate, in partnership with his Japanese speaking partner, Christopher Sumida, who specialize in residential Real Estate and the sale of Condos in the greater Honolulu area including the neighborhoods of: Waikiki, Diamond Head, Ala Moana, Kakaako, Kapiolani, Makiki, Chinatown and Downtown Honolulu.

We love Agent Referrals.



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