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"It used to be the three D's. Death, disability and divorce were the causes of foreclosures."
-- Judge William Parsons, one of four Volusia County circuit judges hearing foreclosure cases.
November's foreclosure activity across Volusia and Flagler counties more than doubled compared with last year.
But as it's been the past three months, Volusia alone is driving the increase.
There were 1,851 default notices, scheduled foreclosure auctions and lender repossessions in November in the two-county area. That's up 51 percent from 1,227 filings in November 2008, according to Wednesday's U.S. Foreclosure Market Report released by the California firm RealtyTrac.
"We are seeing an interesting change," said Judge William Parsons, one of four Volusia County circuit judges hearing foreclosure cases. "It used to be the three D's. Death, disability and divorce were the causes of foreclosures. Then it changed to people struggling with adjustable rate mortgages and now we are seeing more impacted by unemployment."
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