Foreclosures in South Florida continue to decline. Condo Vultures reported declining foreclosures in Miami-Dade, Broward, Palm Beach and South Florida overall as of September 30.
Last month, the above counties' foreclosures dropped from 1,782 in September 2013 to 1,426 in September 2014. The South Florida region had 31,299 in the first nine months of 2013 but has decreased dramatically to 14,725 in the first nine months of 2014. Broward and Miami-Dade foreclosures dropped by over 250 foreclosures. Palm Beach County had a smaller decline of nearly 150 foreclosures.