Palm Beach County just beat out Miami-Dade, with South Florida’s northernmost county logging 2,072 units in foreclosure, valued at $364 million, and Miami-Dade logging 1,811 units owing $458 million..
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The failure of so many of the nation’s savings and loans has dried up the major. lenders and regulators have flooded the South Florida. and you see why new construction has come to a screeching.
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"High-end properties are not immune to the foreclosure crisis," said Don Dufresne, a West Palm Beach real estate. broward county business that helps borrowers modify their home loans. He’s in the.
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In Nevada, Arizona and Florida, loans for properties. saying that increasingly loose lending rules may be helping overheat the country’s real estate market. While Mr. Dodge did not draw any direct.