Honolulu Foreclosure Ranking Very Low But…
April 23rd, 2009 categories: The Market
RealtyTrac is reporting that Honolulu’s ranking of 150th in foreclosures in the nation is still very low. Note, however, that our island had one of the highest increases in the number of foreclosures.
“While Honolulu still ranks near the bottom of the list, it recorded one of the nation’s 10 highest percentage changes from the first quarter of last year.”
CLICK HERE TO READ THE HONOLULU STAR BULLETIN ARTICLE
Like the Disney movie we have an opportunity to “eliminate the negative and accentuate the positive”. Interpretation? No matter the rate of increase in the number of foreclosures, we are still one of the lowest. To put it another way, I would rather own in Honolulu than Phoenix.
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If you would like to discuss your real estate needs, feel free to call me at 808-737-2093 or toll free at 877-737-2093. You can email me at keahi@lava.net.
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