A recent article in the Honolulu Star Bulletin newspaper stated that "A declining trend in mainland foreclosures is not expected to extend locally". Of course this is disappointing to the many who are weary of distressed properties and hoping for a near-term recovery. While the article points out that there are signs of relief on the mainland, it must still run its course here in Hawaii. The full article can be found HERE.
Congrats to those in mainland areas that endured the pain and are now in recovery and may we soon follow in your footsteps. It's only a matter of time.
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