Foreclosure activity in Miami-Dade jumped 77 percent in April compared to the same period in 2011, according to data from RealtyTrac. On the whole, South Florida foreclosure activity rose 38 percent in April, the fifth consecutive month of double-digit increases after 13 straight months of decreases. [more]

Foreclosures in the Miami-Fort Lauderdale-Boynton Beach metropolitan area rose 37 percent in the first quarter compared to the same quarter in 2011, part of an upward trend that could dim recent gains in Miami’s residential pricing. There were a total of 25,883 properties with foreclosure filings in the first three months of this year, the second-highest total in the nation. [more]

There were a total of 25,883 properties in South Florida with a foreclosure filing in the first quarter of 2012, a 37 percent increase compared to the same period in 2011, according to a first-quarter report from RealtyTrac. Miami-Dade County, which led the region with 11,889 properties with foreclosure filings in the first three months of 2012, showed a 63 percent increase compared to first-quarter 2011.  [more]

The number of South Florida properties with foreclosure filings jumped by 52.7 percent in February, the largest year-over-year increase of any month since April 2010, according to data released today by RealtyTrac.

There were 4,120 properties Miami-Dade County with foreclosure filings last month, an 82 percent increase compared to February 2011. That was the highest total in the tri-county area. [more]

There were a total of 23,689 foreclosure sales in Florida in the fourth quarter of 2011, a 20.2 percent drop from the same period in 2010, according to a report from RealtyTrac.

Foreclosures represented a large portion of the Florida market, however, mirroring the national trend, according to Daren Blomquist, a spokesperson for RealtyTrac. [more]

The share of foreclosure activity in Miami on homes worth more than $1 million activity is more than four times the national average, according to CNN.

Nationwide, less than 2 percent of all foreclosures are on seven-figure homes, while in Miami that number is more than 9 percent, RealtyTrac data show. [more]

Florida foreclosures showed their first increase in activity in 14 months, last month, according to a report from RealtyTrac.

The state showed a 14 percent increase in January compared to January 2011, with South Florida seeing a 21 percent spike in foreclosures. [more]

Foreclosure sales continue to drop

Foreclosures sales in the tri-county area fell by 25 percent in the third quarter of last year, according to data from RealtyTrac released yesterday, a continued symptom of the foreclosure freeze of 2010.

There were a total of 10,164 foreclosure sales in South Florida between July 1 and Sept. 30, down from 12,713 in the same period last year.

While foreclosure processing has been showing signs that it may begin to pick up again, the freeze implemented following the robo-signing scandal has continued to have an impact on the pace of foreclosures in South Florida.
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A map of the top 100 foreclosure rates by zip code (source: RealtyTrac via CNN)

South Florida is far from the center of the nation’s foreclosure crisis. In fact, it’s about 2,500 miles away.

According to an analysis of the 100 U.S. zip codes hit hardest by foreclosures prepared for CNN by RealtyTrac, 82 of the worst hit neighborhoods are in Western states, with Nevada and California together comprising 66 of them. Meanwhile, just a single South Florida zip code, 33411 in West Palm Beach, claimed a spot on the list. [more]

December 2011 foreclosure filings. See interactive map after the jumpNational foreclosure filings plummeted in 2011 to their lowest level since 2007, according to a report released today by RealtyTrac. However, the correlation between the data and the aftermath of the robo-signing controversy are clear, as the average U.S. foreclosure now takes 348 days to process, according to the report, and 1,019 days in New York.

About 1.9 million U.S. properties received foreclosure filings for the year, down 34 percent from 2010. One out of 69 housing units, or 1.45 percent had at least one foreclosure filing for the year, down from 2.23 percent in 2010. Each figure marks the lowest recorded since 2007. [more]