The Real Deal Miami

Foreclosures still on the decline across South Florida

But Florida leads the nation in filings for the tenth consecutive month
August 14, 2014 04:30PM


New foreclosure filings remain on the decline across South Florida, according to RealtyTrac data.

Palm Beach County had 363 new cases filed in July, down 3 percent from a year ago. And filings dropped 60 percent countywide from January through July compared with the same period the year before.

In Broward County there were 3,699 new cases filed from January through July, down 56 percent from a year earlier.

Nevertheless, Florida still had the nation’s highest foreclosure rate in July — for the 10th consecutive month — with one in 469 homes in some stage of the process. [Sun-Sentinel]Christopher Cameron