Broward Foreclosure Filings Analysis

Below is an analysis of Broward County Foreclosure filings for the week ending March 15, 2013. To find more detailed information about an individual homeowner's foreclosure case you can do a public case search by using this database provided by the Broward County Clerk of Court.

Information compiled from the Broward County Official Records.

Analysis (Updated week-ending March 15, 2013):

Week over Week: Foreclosure filings fell by almost 100, making it a third straight week of a drop in foreclosure filings for Broward County. This past week saw 413 filings, the week before 522 filings. A year ago for the second week in March, 2012, a whopping 625 filings were posted.

Month over Month: March's filings still indicate a higher filing month than for the previous month of February, but if the drop in the foreclosure rate holds consistent it could be very interesting if there would be a second straight month of declines, which has not happened since May of last year.

Year over Year: With the drop in foreclosure filings this past week, it is likely March of 2013 will be lower than March of 2012. The result would be that while Broward foreclosure filings for January and February of 2013 totaled more than January and February of 2012, the first quarter of 2013 could still be lower for filings than the first quarter of 2012. The reason being is that March of 2012 filings were very high, whereas March of 2013 appears that filings could be a noticable drop of approximately 1,000 filings.
As we commented earlier - each of the past seven years February's filings from January's have been been a strong barometer for where the year is headed. Except for one time, when February's filings were higher than January's, the year's filings ended higher than the year prior. When February's filings were lower than January's, the year's filings ended lower than the year prior. However, in the years March followed February with a rise in filings, 2012, 2010 and 2009, year total filings went up from the prior year. So March is a close month to follow as the 1st Quarter is a strong indicator.

Broward County Foreclosure Filings 1999 - 2013
2013 2012 2011
Mth Filed Mth
Chg		 Yr
Chg		 Mnt Filed Mth
Chg		 Yr
Chg		 Mth Filed Mth
Chg		 Yr
Chg
Jan 2,298 48% 10% Jan 2,084 -27% 30% Jan 1,601 -15% -65%
Feb 1,790 -22% 19% Feb 1,499 -28% -4% Feb 1,564 -2% -58%
Mar 1,043 -- -- Mar 2,930 95% 128% Mar 1,285 -18% -71%
Apr Apr 2,353 -20% 46% Apr 1,611 25% -42%
May May 2,165 -8% 65% May 1,310 -19% -39%
Jun Jun 1,611 -26% 30% Jun 1,243 -5% -55%
Jul Jul 2,545 58% 37% Jul 1,863 50% -46%
Aug Aug 2,568 1% 48% Aug 1,737 -7% -50%
Sep Sep 1,610 -37% 1% Sep 1,592 -8% -40%
Oct Oct 1,691 5% -21% Oct 2,145 35% -18%
Nov Nov 1,854 10% 46% Nov 1,268 -41% 19%
Dec Dec 1,557 -16% -46% Dec 2,861 126% 51%
5,131   -79%   24,467   22%   20,080   -43%
Broward County Foreclosure Filings for 2011 - 2013
2010 2009 2008
Mth Filed Mth
Chg		 Yr
Chg		 Mth Filed Mth
Chg		 Yr
Chg		 Mth Filed Mth
Chg		 Yr
Chg
Jan 4,610 11% 1% Jan 4,581 13% 18% Jan 3,881 46% 158%
Feb 3,759 -18% 2% Feb 3,682 -20% -11% Feb 4,123 6% 156%
Mar 4,372 16% 11% Mar 3,929 7% 13% Mar 3,478 -16% 93%
Apr 2,754 -37% -72% Apr 9,696 147% 131% Apr 4,206 21% 197%
May 2,137 -22% -64% May 5,904 -39% 89% May 3,118 -26% 131%
Jun 2,734 28% -24% Jun 3,614 -39% 13% Jun 3,192 2% 86%
Jul 3,473 27% -39% Jul 5,661 57% 5% Jul 5,379 69% 147%
Aug 3,462 0% -13% Aug 3,996 -29% -9% Aug 4,398 -18% 22%
Sep 2,641 -24% -31% Sep 3,820 -4% -21% Sep 4,851 10% 131%
Oct 2,614 -1% -43% Oct 4,567 20% 13% Oct 4,024 -17% 50%
Nov 1,063 -59% -66% Nov 3,118 -32% -3% Nov 3,199 -21% 24%
Dec 1,894 78% -54% 41244 4,144 33% 2% Dec 4,057 27% 53%
35,513   -37%   56,712   18%   47,906   90%
Broward County Foreclosure Filings for 2008 - 2010
2007 2006 2005
Mnt Filed Mth
Chg		 Yr
Chg		 Mth Filed Mth
Chg		 Yr
Chg		 Mth Filed Mth
Chg		 Yr
Chg
Jan 1,503 -17% 172% Jan 552 -24% -34% Jan 837 3% -4%
Feb 1,612 7% 184% Feb 568 3% -32% Feb 831 -1% 8%
Mar 1,803 12% 97% Mar 917 61% 17% Mar 785 -6% -8%
Apr 1,415 -22% 113% Apr 665 -27% 7% Apr 624 -21% -14%
May 1,350 -5% 85% May 728 9% 12% May 648 4% -5%
Jun 1,712 27% 123% Jun 769 6% 20% Jun 643 -1% -16%
Jul 2,177 27% 119% Jul 992 29% 42% Jul 700 9% -1%
Aug 3,616 66% 233% Aug 1,085 9% 57% Aug 690 -1% 1%
Sep 2,103 -42% 105% Sep 1,027 -5% 73% Sep 592 -14% -9%
Oct 2,686 28% 123% Oct 1,207 18% 171% Oct 446 -25% -34%
Nov 2,585 -4% 121% Nov 1,172 -3% 85% Nov 633 42% -22%
Dec 2,655 3% 47% Dec 1,812 55% 149% Dec 729 15% -10%
25,217   119%   11,494   41%   8,158   -9%
Broward County Foreclosure Filings for 2005 - 2007
2004 2003 2002
Mth Filed Mth
Chg		 Yr
Chg		 Mth Filed Mth
Chg		 Yr
Chg		 Mnt Filed Mth
Chg		 Yr
Chg
Jan 868 -2% -27% Jan 1,181 51% 8% Jan 1,093 23% 41%
Feb 771 -11% -15% Feb 908 -23% -17% Feb 1,099 1% -15%
Mar 853 11% 3% Mar 829 -9% -17% Mar 997 -9% 8%
Apr 728 -15% -14% Apr 844 2% 3% Apr 822 -18% -9%
May 679 -7% -17% May 817 -3% -16% May 969 18% 19%
Jun 762 12% -3% Jun 784 -4% -8% Jun 849 -12% 2%
Jul 707 -7% -19% Jul 874 11% 2% Jul 857 1% -4%
Aug 685 -3% -14% Aug 793 -9% -43% Aug 1,394 63% 55%
Sep 654 -5% -27% Sep 898 13% -9% Sep 984 -29% 55%
Oct 672 3% -30% Oct 962 7% -9% Oct 1,056 7% 8%
Nov 808 20% 21% Nov 666 -31% -12% Nov 757 -28% -30%
Dec 812 0% -8% Dec 887 33% 13% Dec 784 4% -12%
8,999   -14%   10,443   -10%   11,661   7%
Broward County Foreclosure Filings for 2002 - 2004
2001 2000 1999
Mth Filed Mth
Chg		 Yr
Chg		 Mth Filed Mth
Chg		 Yr
Chg		 Mth Filed Mth
Chg		 Yr
Chg
Jan 775 7% -9% Jan 851 -24% -11% Jan 959 -4% --
Feb 1,289 66% 38% Feb 932 10% -4% Feb 972 1% --
Mar 927 -28% -3% Mar 952 2% -4% Mar 996 2% --
Apr 901 -3% 13% Apr 795 -16% 11% Apr 714 -28% --
May 814 -10% 13% May 719 -10% -33% May 1,067 49% --
Jun 836 3% -11% Jun 944 31% 33% Jun 710 -33% --
Jul 890 6% 2% Jul 869 -8% 24% Jul 703 -1% --
Aug 901 1% -3% Aug 926 7% -19% Aug 1,138 62% --
Sep 634 -30% -16% Sep 757 -18% -28% Sep 1,057 -7% --
Oct 975 54% 10% Oct 886 17% -11% Oct 990 -6% --
Nov 1,084 11% 29% Nov 843 -5% 3% Nov 816 -18% --
Dec 890 -18% 23% Dec 725 -14% -35% Dec 1,121 37% --
10,916   7%   10,199   -9%   11,243    
Broward County Foreclosure Filings for 1999 - 2001

 

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