The Real Deal Miami

Foreclosure stats for the week

October 16, 2009 03:25PM

The number of foreclosures in South Florida year-to-date increased to 79,100 from 60,586 at the same point last year, according to data from Condo Vultures Realty. For this week alone, the number dropped to 1,661 from 1,178 in the same week last year. The graph below shows foreclosure activity in South Florida’s three counties. TRD

Condo Vultures Realty compiles foreclosure data using information collected from the respective county clerk of the court by a third-party service. The reported time period is adjusted to reflect the comparable week from the previous year. The year-to-date number reflects the cumulative total of foreclosure filings for the year, as of the week noted.