South Florida foreclosures climb 39 percent

Foreclosure filings in August climbed nearly 40 percent from a year ago, according to data from Miami-Dade, Broward and Palm Beach counties. There were about 7,800 filings for the month, Condo Vultures reported, bringing the year-to-date tally to 67,185 foreclosure filings, up 34 percent from 50,157 in the same eight-month period last year. The consulting group forecasts the region could have 100,000 foreclosure filings in 2009, up from 75,000 in 2008 and 33,000 in 2007.