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Hawaii foreclosures among the lowest

By Erika Engle


Hawaii was among five states with the lowest number of completed foreclosures for the year through April, according to business analytics company CoreLogic, based in California.
Hawaii had 601 completed foreclosures, compared to West Virginia (598), North Dakota (541), the District of Columbia (162) and South Dakota (62).
The five states with the most completed year-to-date foreclosures are California (142,000), Florida (92,000), Michigan (60,000), Texas (58,000) and Georgia (57,000), which accounts for 48.8 percent of all completed foreclosures nationally.
There was one completed foreclosure for every 622 mortgaged homes, according to Mark Fleming, CoreLogic chief economist.
 "Non-judicial foreclosure markets, like Nevada, Arizona and California, completed two and a half times as many foreclosures over the past year as judicial foreclosure states," he said.

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