Here is the October 2017 Lee County Foreclosure Trend Report!
Where does the October 2017 Lee County Foreclosure Trend Report come from?
We download from public records and trend with microsoft excel.
Why do we generate reports like the October 2017 Lee County Foreclosure Trend Report?
The SWFL REIA is known and respected as a source of current, actionable and useful information about the housing market in the area that we meet. This report is a leading indicator of a rise to the distressed market. Therefore, watching these numbers each month gives you a unique advantage of being able to adapt quickly in the event of a market turn.
Trends at a glance:
October 2017: 19 Mortgage related Lis Pendens.
September 2017: 60 Mortgage related Lis Pendens.
October 2017: 89 Mortgage related Lis Pendens.
Certificates of Title:
October 2017: 22 Certificates of Title were conveyed.
September 2017: 30 Certificates of Title were conveyed.
October 2017: 87 Certificates of Title were conveyed.
Based upon the current trends. One would expect the distressed market will continue to not be a primary driver in the SWFL Real Estate market. Also, Bertrand versus US bank still has not caused a significant increase in filings.
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