Foreclosures in Miami falling significantly since 2015

RealtyTrac's data finds national foreclosure rates have fallen for the eighth consecutive month
  • RealtyTrac reported foreclosure activity is below 2006 levels throughout the nation, but 18 states are still posting gains.
  • Broward County was the only Miami area county to see a monthly fall of foreclosures at 24.79 percent.
  • Foreclosure activity decreased 50.09 percent annually in all three counties.

A sure-fire sign of an improving real estate market is the fall of foreclosure activity, and luckily those trends are down throughout the nation for the eighth consecutive month, according to RealtyTrac’s newly released data.