Over 5,100 foreclosures were filed in South Florida in October, 2012, a 50%+ increase from October, 2011. More than 1/3 of the foreclosures (2,300) came from Miami-Dade County. Broward County had almost 1,800 foreclosures, up from 1,200 last year. Palm Beach County shows 1,100 new foreclosure filings, a big jump from the 757 filings in October 2011.
Broward County is accounting for 42% of all the foreclosure filings so far in 2012, while Palm Beach and Miami-Dade counties share the balance of foreclosures at 24.1% and 33.7%.
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