Where does the April 2019 Lee County Foreclosure Report come from?

We download from public records and trend with Microsoft Excel. We have been doing this since 2007. This report has value because it is a leading indicator of bank-owned homes coming to market.

Compiled and analyzed by Jeff Tumbarello.

April 2019 Lee County Florida foreclosure report: Trends at a glance.

Lis Pendens:
April 2019: 94 Mortgage related Lis Pendens.
March 2019: 93 Mortgage related Lis Pendens.
April 2018: 62 Mortgage related Lis Pendens.

Certificates of Title:
April 2019: 53 Certificates of Title were conveyed.
March 2019: 48 Certificates of Title were conveyed.
April 2018: 67 Certificates of Title were conveyed.

 

April 2019 Lee County Florida foreclosure report: When was the last payment made?

Year Avg Last Payment Date
1999 9/4/2016
2000 11/1/2017
2001 12/1/2018
2002 8/1/2018
2003 9/9/2018
2004 NONE
2005 12/1/2014
2006 7/10/2138
2007 5/15/2018
2008 12/21/2017
2009 10/12/2018
2010 1/3/2011
2011 NONE
2012 12/7/2017
2013 8/4/2018
2014 1/19/2017
2015 12/22/2018
2016 4/30/2018
2017 8/1/2018
2018 11/5/2018
2019 1/15/2019

 

April 2019 Lee County Florida foreclosure report: Some parting thoughts.

  • Essentially April is more of the same in relation to the trend.
  • 4 of the foreclosure filings appear to be a result of the Bertram Versus US bank decision due to the date of the last payment.
  • The lack of Certificate of Title Growth in relation to the Lis Pendens filings shows that the market has improved to the point if you go into default. You can trade out.
  • IF the market is correcting, the distressed market will not be the primary driver.

See you at a meeting soon!

The Southwest Florida Real Estate Investment Association is the leading source of SWFL real estate investing events that provide investment education and networking in southwest Florida. We analyze the housing market and foreclosures and provide information, education and networking events in order to build a network and knowledge base for investors and potential investors. Our members include real estate agent, brokers, investors, hedge fund managers, rehabbers, wholesalers and more.

Our SWFL REIA General Meeting is held in Fort Myers where we provide education on hot topics in investing and an opportunity to enjoy the camaraderie of your fellow investors. You’ll get a chance to ask for advice from successful real estate professionals and even make a few deals on your latest projects.

To become a member, anyone can register as an individual, a couple, or a corporation. Being a member opens the doors for endless networking opportunities, advice from members with decades of experience, new ideas from entrepreneurs, camaraderie with those just beginning, and deals and contracts done in the meeting room. For those interested in Cape Coral rental property investment and/or Fort Myers rental property investment, SWFL REIA will be able to provide a network to help launch a successful investment career.

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.

We meet twice a month.

Click here for information about the monthly luncheon.  

Click here for information about our nighttime general meeting. 

One of the premier sources for real estate investing networking and education is the SWFL REIA. In the real estate world, the SWFL REIA is different in that they do not do information product sales. Their meetings are focusing on the best ways of investing in real estate by collaborating with other property investors who are sharing their experiences.

We look forward to meeting you at a meeting soon!
Click here for membership information

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