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South Florida foreclosures up 53 percent through August

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There were 4,823 foreclosures filed in South Florida in August this year, according to Condo Vultures, a 43.5 percent increase from the same month a year ago. A majority of the foreclosures, or 2,048 of them, came in Miami-Dade, which has recently overtaken Broward County to lead South Florida in foreclosure filings. Broward County came in second with 1,511 foreclosures, compared to 1,043 in August of 2011. Palm Beach County ranked third with 1,264, about 60 percent more than the 797 foreclosures it [more]



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