It looks like we have the February data in for all three South Florida counties.  Unless some new ones are added, here is how the trend is looking:

There were 5,833 new foreclosure actions filed through Miami-Dade, Broward and Palm Beach County in the month of February.  That is a noticeable drop from 7,870 in January for the tri-county area, as illustrated in the chart above.   One month does not make a trend, so we usually look at the average monthly filings:

• In 2012, the monthly average was 4,053
• In 2013, the monthly average was 6,861
• So far in 2014 (2 months) , the monthly average is 6,852

As for Miami-Dade County, there were 1,679 new forelcosure actions filed on single-family homes and 1,006 in the condo/townhouse segment, for a total of 2,865 new residential filings in February.  This is what the Miami-Dade chart of monthly filings looks like:

The average monthly filings for Miami-Dade County are as follows:

• In 2012, the  monthly average was 1,807
• In 2013, the monthly average was 3,399
• So far in 2014, the monthly average is 3,143

Now, we will cruise up the road to Broward, where there were 1,378 new foreclosure actions filed in the single-family home market and 402 new filings in the condo/townhouse market for a total of 1,780 new residential filings in February.

The average monthly filings for Broward County are as follows:

• In 2012, the monthly average was 1,332
• In 2013, the monthly average was 2,182
• So far in 2014, the monthly average is 2,197

As for Palm Beach County, there was a total of 1,368 new residential foreclosure filings in February, with 1,118 in the single-family home market and 250 in the condo/townhouse market.

The average monthly filings for Palm Beach County are as follows:

• In 2012, the average monthly filings were 914
• In 2013, the average monthly filings were 1,279
• So far in 2014, the monthly average is 1,512