Hawaii Sees Fewer Foreclosures in May 2011
There were a total of 900 homes with foreclosure filings last month, including 87 notices of default, 438 trustee sales and 375 bank repossessions, according to Irvine, Calif.-based RealtyTrac. One in every 573 housing units in the Islands received a foreclosure filing. That placed Hawaii 12th in the nation, meaning that only 11 states had worse foreclosure percentages.
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