The Real Deal Miami

South Florida foreclosures up 60 percent this year

May 04, 2012 03:00PM

Source: Condo Vultures

There were 4,122 foreclosures filed in South Florida in April this year, according to Condo Vultures, an 89 percent increase from the same month a year ago. Nearly half of the foreclosures, or 2,025 of them, came in Broward County, which has led the three counties in foreclosure filings all year. Overall, 14,329 foreclosures were filed in South Florida through the end of April, a 60 percent increase from the same period a year ago. Broward accounts for 48 percent of all those foreclosure, while Palm Beach and Miami-Dade counties split the remaining foreclosures nearly equally. — Adam Fusfeld