The Real Deal Miami

South Fla. foreclosures grow 40% from last year

March 05, 2013 11:00AM

There were 4,358 foreclosures filed in South Florida in February, down from 4,467  foreclosures last month, but up 40 percent from the same month a year ago, according to Condo Vultures. Miami-Dade County lead the region for the sixth consecutive month with 1,987 foreclosures —  in February 2012 only 732 foreclosures were filed — a 99 percent increase year-over-year.

Broward County and Palm Beach County posted 1,481 and 890 foreclosures last month, respectively, representing a 2 percent decrease and 3 percent increase from February 2012. —Christopher Cameron