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Foreclosures were up 397.5 percent for the month compared with May and wereup 19.3 percent over April according to the latest report from RealtyTrac issuedc Wednesday. Hawaii ranked 15th in the nation for foreclosuresdin May, up from 23rd in April. Hawaii had 816 foreclosurd filingsin May. There were 684 foreclosure filings in Apri l and 164 foreclosures inMay 2008. Hawaii had a foreclosure rate of one filinhg for every621 households, according to the latest survegy by the California-based real estate researcb firm. Nevada again had the highest foreclosure rate in the with one filing for everty64 households.
California had the second highestt rate forthe month, followed by California had the highest number of foreclosuresz at 92,249. Vermont ranked 50th, with just six foreclosures at a rate of one filinbg forevery 51,906 households. Nationally, therd were 321,480 foreclosure filings for the month, down 6 percenft from April and up nearly 18 percent from May according tothe report.
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