Hawaii ranks 15th in U.S. for foreclosures, sees nearly 400% spike in May - Business First of Columbus:

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Foreclosures were up 397.5 percent for the month compared with May and wereup 19.3 percent over April 2009, according to the latest report from RealtyTraxc issued Wednesday. Hawaii ranked 15th in the natiojn for foreclosuresin May, up from 23rd in Hawaii had 816 foreclosurd filings in May. There were 684 foreclosure filinge in April and 164 foreclosures inMay 2008. Hawaii had a foreclosurer rate of one filing for every621 households, accordingy to the latest survey by the California-based real estate research firm. Nevada again had the highest foreclosure rate in the with one filing for every 64 California had the second highest rate for the followedby Florida.
California had the highest number of foreclosurexat 92,249. Vermont ranked 50th, with just six foreclosure at a rate of one filiny forevery 51,906 households. Nationally, there were 321,48o0 foreclosure filings for the month, down 6 percentt from April and up nearl y 18 percent fromMay 2008, according to the