Honolulu Ranks 133 Out Of 203 Cities In Foreclosure Filings

October 28th, 2009 categories: Homes For Sale

Pacific Business News is reporting that Honolulu’s foreclosure rate is up as compared to last year.

“Honolulu ranked 133rd for foreclosure filings of the top 203 metropolitan areas, according to RealtyTrac’s Q3 2009 U.S. Foreclosure Market Report. Honolulu had a total of 1,186 foreclosures, or one filing for every 282 households, up 24.8 percent from second quarter 2009 and up 85.8 percent from third quarter 2008.”

CLICK HERE TO READ THE PBN ARTICLE

Given that this places Honolulu 133^rd out of 203 surveyed cities (Las Vegas is #1), I am optimistic that we are so far down the list. Let’s hope that this is the bottom and we drop further down the list when the next one comes out.

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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 Wednesday, October 28th, 2009 at 8:51 am and is filed under Homes For Sale. 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