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News Release

August FORECLOSURE STATS AVAILABLE FROM
CLERK & COMPTROLLER

Numbers up compared with July, but still down over last year


WEST PALM BEACH, FL (September 10, 2010) – The number of new foreclosure filings in Palm Beach County increased in August 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 1,712 cases filed in August, up from 1,604 cases in July – an increase of about 7 percent. While the number of cases increased from July to August, filings are down 20.8 percent compared with the 2,161 foreclosures filed in August 2009.

Since January, 14,151 new foreclosure cases have been filed. More than 30,000 new cases were filed in 2009 and roughly 29,000 in 2008.

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 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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