PropertyShark BlogCenter » Miami Foreclosures

New foreclosures in Miami declined 6% from April 2009

laura — Thu, 11 Jun 2009 11:04:57 +0000

In May 2009, new foreclosures in Miami (930) declined 6% from April 2009 (993), and increased 5% over May 2008 (882).

May 2009 Miami Foreclosures

Zip codes from Homestead, Leisure City, Naranja had the highest number of foreclosures in May 2009.

Top 10 zip codes in Miami for May 2009

brian — Mon, 13 Apr 2009 19:13:14 +0000

New foreclosures in Miami (2,961) reached a two-year high in Q1 2009. This is 33% higher than Q1 2008, and a 29% increase from Q4 2008.

Miami Foreclosures Q1 2009

brian — Thu, 19 Mar 2009 19:49:31 +0000

New foreclosures in Miami totaled 858, decreasing 28% from January 2009 (1,188), and a 37%
increase over February 2008 (625).

brian — Fri, 13 Feb 2009 20:01:30 +0000

We recently released the January Foreclosure report for NYC, Los Angeles, Miami, and Seattle, and here are the findings:

New Los Angeles foreclosures down 49% from December 2008 and down 33% from January 2008: New foreclosures in Los Angeles recorded a significant decrease in January 2009 (2,605), down 49% compared to December 2008 (5,104) and down 33% compared to January 2008 (3,881).
New Miami foreclosures up 58% from December 2008, reaching a two-year peak in January 2009: The number of new foreclosures reached a two-year peak in Miami in January 2009, with the current number (1,188) 49% higher than one year ago (795). Compared to the previous month (750), the number of new foreclosures increased by 58%.
New York City foreclosures up 64% from December 2008 and up 5% from January 2008: New foreclosures in New York City (all five boroughs) increased 64% from December 2008 (170) and were up 5% from January 2008 (266).
New Seattle foreclosures (104) spiked 300% from December 2008: There were 104 new foreclosures in Seattle in January 2009. The current number was up 300% from December 2008, but was down 42% compared to January 2008.

For a list of markets where we have foreclosure listings, go to http://www.propertyshark.com/mason/Foreclosures

brian — Wed, 10 Sep 2008 15:35:34 +0000

We have recently crunched the numbers and compiled three new reports. Now available:

The Q208 Investment Property Report: Compared to Q2 2007, all three regions studied (New York City, Los Angeles, San Francisco saw major setbacks in the number of sales. New York City, down 29.4%,
experienced the steepest decline among the three areas. In Q2 2008, New YorkCity saw the lowest value for closed multifamily building transactions over a two year time period, while in California the two counties saw a slight increase from Q1 2008, at which time both regions experienced two-year lows. View the full report: Q208 Investment Property Report
The Four City August Foreclosure Report: New York City Foreclosures reach three-year highs; Los Angeles, Miami, Seattle all up: Foreclosures in New York City (383) reached the highest value since we started tracking foreclosures (spring of 2005), predominantly due to Queens. Los Angeles (up 159%), Miami (up 72%), and Seattle (up 27%) have seen a significant increase new foreclosures compared to
August 2007. However, all three regions saw a slight decrease compared to July 2008. View the full report: Four City August Foreclosure Report

Foreclosures in Los Angeles, Miami, New York City, Seattle

The Long Island August Foreclosure Report: Long Island foreclosures in August remain higher than last year: The number of new foreclosures in Long Island was 32% higher than in August 2007. Suffolk County was up 19%, while Nassau County recorded a 41% increase over the same time period. While Long Island foreclosures remain higher than August 2007, August 2008 is the third consecutive month of declines in first time foreclosures for the region. View the full report: Long Island August Foreclosure Report