September 2015 Lee County Foreclosure Backlog
As of September 30, 2015
As of September 30, 2015: There were 1,472 active cases at the Lee County Clerks office
As of August 31, 2015: There were 1,496 active cases at the Lee County Clerks office
As of September 30, 2015: There were 3,557 active cases at the Lee County Clerks office
About this data:
Foreclosure cases get a disposition with a judgment or dismissal. (That’s what the disposition report shows.)
The Certificate of Title is post judgment activity and is not reported as an additional disposition.
The cases gets “reopened” only when they go back before the judge (like a Motion to Set Aside Sale or Set Aside Judgment).
I think this caseload is the “new normal”. That is until we over lever and correct. Normally using the term “new normal” is the sign of a tipping point. Its hard to see where a sudden rush of foreclosures would come from based upon the cash percentage of the last 5 years.
A slight month over month decrease.
A year over year decrease.
How many short sales that have traded but have also not had the Lis Pendens withdrawn? The real number is lower
A mid-month check of the lis Pendens filings and Certificate of Titles show the trend is still the same.
This is the lowest case load since November 2006!
Real Estate Road Map 2016! 10/20 2015
5:00 Doors Open/Networking
5:15 Speed networking
Topic: How to have a profitable 2016
Presenter: Earnest Graham, Why winners never quit
Presenter: Kelsey Dineen, Private money
Presenter: Jeff Tumbarello, The trends driving 2016
Location: The Marina at Edison Ford
Address: 2360 W 1st St Fort Myers, FL
Non Members are $20.00
The SWFL REIA is the premier source for Real Estate Investing education and networking.
The SWFL REIA is different in the Real Estate Investing world in that we do not do information product sales. Our content rich meetings focus on Real Estate Investing via collaboration with like-minded Real Estate Investors sharing their own experiences.
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