Hawaii Foreclosures Down 68% in April

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Our moneyblog reports:

Some positive economic news — Hawaii foreclosures were down significantly in April compared to the same month a year ago.

Pacific Business News reports the number of Hawaii homes in foreclosure dropped 68 percent last month, citing data from RealtyTrac.

“There were a total of 314 foreclosure filings — notices of default, scheduled auctions and bank repossessions — on Hawaii properties received in April, or one for every 1,654 housing units, which was 68.19 percent fewer than the number received in April 2011,” PBN reported.

Read more, including county-specific numbers.

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