I really get irritated when they write this garbage.  Here is something you should know first before reading the article.  This is from a previous article they did about foreclosures:

However, the company said the year-over-year change may have been inflated because of expanded data coverage for the state compared with a year ago. 

Read more at Hawaii Foreclosures and What They Really Mean

RealtyTrac data also is somewhat imprecise….Because of the methodology, the data may include more than one foreclosure filing on the same property……But the data also miss nonjudicial foreclosure notices that aren’t recorded publicly, and situations in which homeowners in mortgage default are working with lenders in hopes of avoiding foreclosure action. 

Now that we have the disclosure of inaccuracies up front, we can get to the good stuff. On one hand we have:

The number of Hawai’i foreclosure filings in September roughly doubled from a year earlier, rising 114 percent to 135 filings, marking the third time in four months that figures have risen 100 percent or more.

And on the other hand we have:

However, Hawai’i’s foreclosure rate of one filing per 3,638 households was the 10th-lowest in the nation….The national rate was one filing per 557 households.

I will have ”The Foreclosure Process And Is It Really Worth It” info for you soon.