The crush of foreclosures in the Southwest Florida real estate market has seriously started to subside as we head into 2012. It seems Lenders only filed 5,419 foreclosure lawsuits in Lee County in 2011, a decrease of 48.3% from the 10,447 in 2010 and 75.1% below the peak of 21,768 filings in 2009. For Collier County, Lenders filed 2,842 foreclosure lawsuits, a decrease of 36.2% from the 4,452 in 2010 and 72.5% below the peak of 8,421 filings in 2009. All in all, it’s not too bad when you consider we’ve had well over 100,000 foreclosures in the two county areas since January, 2006.
Continue Reading Southwest Florida Foreclosures: 2011 End of Year Review
Tags: buyers, Florida, foreclosures, markets, real estate, sellers
After our last post reviewing some of the 
What stories impacted Florida real estate the most in 2011? Our guess is it depends on your perspective; were you a buyer or a seller? Did you lose your job or find a new one, were you looking for a rental or did you need a place to locate your existing or new business? All these scenarios were impacted one way or another in 2011. So, let’s take a look back at just what occurred and see if any will continue into 2012.
Even with the headwinds of the downturn in the housing market and the economy, the population in Florida has continued to grow. And, while the growth has slowed significantly in terms of percentage (1.36%), it still added 256,000 new residents from April 1, 2010, and July 1, 2011. That ranks it ninth in the country in terms of percentage growth behind the District of Columbia, Texas, Utah, Alaska, Colorado, North Dakota, Washington and Arizona.
The Boston Red Sox set a new spring training ticket sales record over last weekend for their inaugural season at JetBlue Park at Fenway South in Fort Myers. Naturally, the grand opening of their new 106-acre spring training complex off Daniels Parkway helped spur major fan enthusiasm.
