U.S. Foreclosures Up, Honolulu Okay

August 25th, 2009 categories: Rants & Riffs, The Market

Forbes online had a post concerning an increase, nationally, in foreclosures.

“One in three new foreclosures between April and June was from a prime, fixed-rate loan, up from one in five a year earlier. Last year, subprime adjustable-rate loans caused the largest share of foreclosures.”
CLICK HERE TO READ THE ENTIRE FORBES POST.

However, I have not seen any evidence that core Honolulu is experiencing a significant increase in the number of foreclosures.

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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.

This entry was posted on Tuesday, August 25th, 2009 at 10:47 am and is filed under Rants & Riffs, The Market. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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Keahi D. Pelayo
Principal Broker
KU Realty, LLC
500 Ala Moana Blvd., #7-400
Honolulu, HI 96813
Office: 808-737-2093
Toll Free: 877-737-2093
Fax: 808-792-6245
keahi@lava.net