HONOLULU (HawaiiNewsNow) - For the seven days to last Sunday, there were more than 18,000 claims, but that was down almost 300 from the week before. First-time claims also fell slightly to 25 percent. On Oahu, claims rose Downtown, but fell in Waipahu and Kaneohe. The only other office with a small increase was Kona.
The research group Clear Capital says almost half the home sales in Las Vegas are foreclosures sales and in several California cities, foreclosure sales make up almost a third of all sales. One of the lowest cities on the list nationwide, Honolulu, where fewer than eight percent of homes are owned by the bank.
Here's something we don't see often, a new low-rise. Coldwell Banker begins sales Sunday at Pensacola Chelsea, 1310 Pensacola Street, five floors, 46 one-bedroom unites, fee simple prices from $346, and construction starts when half the units are sold, probably about a year from now.