06/14/2012 08:41 am ET Updated Aug 14, 2012

Miami-Area Foreclosures Up 11% In May

Foreclosures rose 11 percent in May in the Miami-Fort Lauderdale-Pompano Beach area, marking the sixth consecutive year-over-year increase, according to RealtyTrac.

Foreclosure activity in the greater Miami area was down 18 percent in May compared with April.

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