The Real Deal Miami

Foreclosures down from last year

By Candace Taylor | July 02, 2009 01:20PM

From the New York Web site:  In Miami, there were 2,556 new
foreclosures in the second quarter of this year, according to a
quarterly report released today by the real estate
Web site PropertyShark.com. Miami fared poorly compared to New York
City, said PropertyShark CEO Bill Staniford, because Miami saw more
overbuilding than New York.