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Blog by Benito Realty Group

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The Economy May Be Recovering, But Miami's Foreclosure Mania Isn't Close To Over

"On average, South Florida lenders filed foreclosure papers on 272 properties every single day last month, according to Zalewski's research."

"The October foreclosure-fest means that lenders in Broward, Palm Beach and Miami are on pace for 98,000 foreclosures this year -- a huge leap from the 33,000 they filed in 2007, according to Zalewski's research."

It may be the sign of the times. To read the entire article click here.


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