More Foreclosure News: 66 Percent Decline in June for Hawaii Foreclosures

Posted on Tuesday, August 2nd, 2011 at 11:55am.

More Foreclosure News: 66 Percent Decline in June for Hawaii Foreclosures

According to KPUA Hawaii News, online at http://www.kpua.net, and the Honolulu Star Advertiser, "Foreclosures in Hawaii declined last month to the lowest amount since January 2009.

The Honolulu Star-Advertiser on Thursday reported data from real estate research firm RealtyTrac showing there were 344 foreclosure filings in June, down 66 percent from 1,000 in the same month last year.

There were 337 filings in January 2009.

June's filings reflect the effects of Hawaii's new foreclosure law curtailing activity against delinquent borrowers.

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