In what may be another sign that the housing market in Hawaii is rebounding, RealtyTrac’s analysis of statistics from the fourth quarter of 2012 shows foreclosure sales in Hawaii were down 11% compared to the year prior. Meanwhile, the average foreclosure sales price in Hawaii climbed 24% in comparison with 2011’s fourth quarter. Even with the drop in number of foreclosures there were still 369 foreclosure sales in Hawaii in the last 3 months of 2012.
If you are wondering how you’ll make the next mortgage payment, if you’re behind on your payments, or if you’re already facing foreclosure, then please give us a call. We’ll sit down with you for a free consultation to discuss your options.