Hawaii foreclosure rate just shy of top 10
HONOLULU – The foreclosure listing service RealtyTrac Inc. reports Hawaii had the 12th highest foreclosure rate in the first half of 2010.
The islands had 6,482 filings, meaning one in every 79 households received a foreclosure notice.
By county, Honolulu had the most filings, 342, but the lowest rate at one filing for every 986 households. Kauai had one filing per 505 households with a total of 59; Maui had one filing per 245 households with a total of 270; and the Big Island had one filing per 242 households with a total of 329.
RealtyTrac said Thursday that nationwide nearly 528,000 homes were taken over by lenders in the first six months of the year, a rate that is on track to eclipse the more than 900,000 homes repossessed in 2009.