"More misery on the foreclosure front: Lenders filed more than 7,000 notices in November against property owners in Palm Beach, Broward and Miami-Dade counties, according to report from Condo Vultures.

The November tally is a 15 percent increase over November 2008. The region is on pace for nearly 97,000 foreclosure filings this year, up from 75,000 in 2008.

On a related front, Zillow.com said Wednesday that homes in the South Florida metro area lost $45.9 billion in value during the first 11 months of this year, down from $137.2 billion in 2008."

From Sun Sentinel: http://weblogs.sun-sentinel.com/business/realestate/housekeys/blog/2009/12/foreclosure_filings_skyrocket_1.html