The Real Deal Miami

Court report: foreclosure on the rise

February 05, 2010 05:36PM

Florida again notched one of the highest foreclosure totals in the
nation in 2009, according to a report by the Florida’s Supreme Court.
Almost 400,000 foreclosures were filed in 2009, including nearly
113,000 in Broward and Miami-Dade, though numbers leveled off slightly
in Palm Beach County. In percentage terms, foreclosures in Miami-Dade
rose 13.2 percent, to 63,522 in 2009 from 56,100 in 2008. Broward
County’s rate climbed 8 percent, to 49,640 from 45,923. Palm Beach
County had a smaller increase of 3 percent, to 30,304 from 29,411.
Supreme Court Chief Justice Peggy Quince reminded the public of her
Dec. 29 order requiring each circuit court to start a managed
mediation program for all newly filed Florida foreclosure cases
involving homestead property, which the judge called an attempt to
address the avalanche of court cases resulting from the statewide
foreclosure crisis. [Miami Herald] and [SFBJ]