The Real Deal Miami

Foreclosure stats for the week

February 26, 2010 01:06PM

The number of foreclosures in South Florida this week dropped to 1,611 from 2,172 in the same week last year, according to data from Condo Vultures Realty. Year-to-date, the number of foreclosures dropped to 12,443 from 14,366 at the same point 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.