South Floridas stalled foreclosure system continued to pick up steam in October, with court filings up more than 52 percent from September.
There were 9,127 foreclosure filings in Miami-Dade and Broward counties in October, up from 5,977 the previous month. Still, October filings were down 30.3 percent from the same month in 2010, when there were 13,110 filings.
The largest increases involved stalled court cases that have finally been put up for auction or have been repossessed by a lender.
In Miami-Dade County for example, bank repossessions increased from 625 to 1,102 between September and October.
