Honolulu Now Middle of the Pack for Nation’s Foreclosures

Real Estate Agent with Harcourts Island Properties RB-20368

Honolulu has been mostly resilient as far as foreclosures go compared to the rest of the mainland U.S. The numbers have been rising lately however. Today's article in the Star Bulletin shows how we are now in the middle of the pack with nationwide foreclosures. Although nowhere near Las Vegas, etc. the trend is we will have many more foreclosure occurring based on the number of short sales on Oahu.

If you're looking for a great buy, here are some listings I put together of REO or "lender owned" properties available on Oahu:

Comments (1)

Ellen Crawford
Maximum One Executive REALTORS® - Alpharetta, GA
Alpharetta Real Estate Agents & Alpharetta REALTOR

I thought Hawaii was doing well.  I was not aware that you had many foreclosures at all.  Sounds like there will be some great opportunities in paradise!

Nov 17, 2009 10:27 AM