HONOLULU (AP) -- A real estate research firm is reporting there were 972 foreclosure filings in Hawaii in February.
The figure reported Thursday by foreclosure listing firm RealtyTrac represents an 81 percent increase over 537 filings in February 2009.
However, the number of filings was down from 1,534 in December and 1,302 in January. Even so, February's count was the fourth-highest on record in Hawaii.
RealtyTrac's marketing communications manager, Daren Blomquist, says its too early to call two months of decline a downward trend.
The 972 foreclosure filings works out to one filing for every 528 island households, making Hawaii's rate 14th worst nationally. The national average in February was one filing for every 418 households.
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