While new foreclosure auctions in Los Angeles and New York City fell considerably between September and October, conditions appear to be worsening in Miami and Seattle, real estate data company PropertyShark.com reported Tuesday.

Miami saw a 93 percent jump in new foreclosure auctions between September and October, and Seattle experienced a 14 percent increase. Compared to a year ago, Miami foreclosures are up 35 percent and Seattle foreclosures up 108 percent.

Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Thank you for subscribing to Morning Headlines.
Back to top