Foreclosures in Miami Dade County. By Geniusofdespair
2011 it looked like foreclosures were going down, we had 16,672 that year. Maybe it was because the banks were having a tough time doing them because it looks like 2012 and 2013 will be at similar levels, reaching near 26,000. The good news, the levels are much lower than they were in 2008. That year we had 56,656 foreclosures. But in 2007 we had 26,691 foreclosures, why are we still at that level? I would think by now we should be back to under 10,000 foreclosures a year, which is where we were during most years before the boom and bust. Looks like Florida is still number one in foreclosures.