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News Release

September FORECLOSURE STATS AVAILABLE FROM
CLERK & COMPTROLLER

New case filings increase over previous month, but are still down over last year


WEST PALM BEACH, FL (October 13, 2010) - The number of new foreclosure filings in Palm Beach County increased in September compared with the previous month, but remains lower than the same time last year, according to the latest figures available from the Clerk & Comptroller’s office.

There were 1,917 cases filed in September, up from 1,712 cases in August – an increase of nearly 12 percent. It’s the second straight month that initial foreclosure filings have increased from the previous month.

Though the number of cases increased from August to September, filings are down 20.4 percent compared with the 2,407 foreclosures filed in September 2009. Palm Beach County saw 16,068 foreclosures filed from January through September 2010, compared with 23,102 filed in the same time period in 2009.

The Clerk & Comptroller’s office processes all foreclosure-related court documents, notices of action and motions. After a foreclosure judgment, the office issues a notice of sale, conducts the foreclosure auction and issues all post-sale documents, such as the certificate of title.  Palm Beach County’s foreclosed properties are auctioned two to three days a week online at  www.mypalmbeachclerk.com.

The Florida Constitution established the independent office of the Clerk & Comptroller as a public trustee, responsible for safeguarding public records and public funds. Clerk Sharon Bock is directly elected by and accountable to Palm Beach County residents.  In addition to the roles of Clerk of the Circuit Court, County Recorder and Clerk of the Board of County Commissioners, the Clerk & Comptroller is the Chief Financial Officer, Treasurer and Auditor for Palm Beach County.

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