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News Release

April foreclosure statistics available from the
Clerk & Comptroller’s office

New filings decline, but backlog of 53,000+ foreclosure cases remains

WEST PALM BEACH, FL (May 10, 2010) – The number of new foreclosure filings in Palm Beach County declined in April according to the latest figures available from the Clerk & Comptroller’s office.

Last month there were 1,529 cases filed, down from 1678 in March and 2582 in February. Overall, foreclosure filings are down this year in Palm Beach County, with 7,764 new cases filed during the first four months of 2010 – a 30.61 percent drop from the 11,189 cases filed from January to April of 2009*. It’s too soon to gauge whether the decrease is part of an ongoing trend.

While the number of filings has slowed recently, there are still more than 53,000 pending foreclosure cases in Palm Beach County.  In 2009 alone, more than 30,200 new cases were filed.

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

*All foreclosure case statistics are based on the date foreclosure filings are recorded by the Clerk & Comptroller’s office.

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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