The Real Deal Miami

Foreclosure stats for the week

March 12, 2010 02:26PM

The number of foreclosures in South Florida this week dropped to 1,816 from 1,883 in the same week last year, according to data from Condo Vultures Realty. Year-to-date, the number of foreclosures dropped to 16,130 from 18,569 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.