Where does the December 2018 Lee County Florida 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.
December 2018 Lee County Florida foreclosure report: Trends at a glance.
Lis Pendens:
December: 2018: 98 Mortgage related Lis Pendens
November 2018: 102 Mortgage related Lis Pendens
December 2017: 34 Mortgage related Lis Pendens
Certificates of Title:
December 2018: 32 Certificates of Title were conveyed.
November 2018: 41 Certificates of Title were conveyed.
December 2017: 59 Certificates of Title were conveyed.
December 2018 Lee County Florida foreclosure report: Charts.
December 2018 Lee County Florida foreclosure report: Notes.
- If you are looking for a reason to project a downturn in the market. The foreclosure filings currently do not provide that.
- The lack of Certificate of Title Growth shows that the market has improved to the point
- The trend from the Irma disruption has returned to “normal” (that is the worst word to ever use in relation to real estate stats…)
- The current trend of the distressed market NOT being the primary (last cycle) driver will continue.
- The current filings appear to be the following factors.
- Old Modifications that are now going bad. (2005-2007)
- New Low money down builder transactions. (2016-2018)
- “Normal” Distressed Situations.
- Probates where a mortgage was involved. (2005-2007)
- Storm Damaged houses.
December 2018 Lee County Florida foreclosure report: Lis Pendens Counts.
|
WELLS FARGO BANK N A |
9 | 9.18% |
|
BANK OF AMERICA N A |
7 |
7.14% |
|
NATIONSTAR MORTGAGE LLC |
4 |
4.08% |
| U S BANK NATIONAL ASSOCIATION | 4 |
4.08% |
|
BANK OF AMERICA NA |
3 |
3.06% |
|
BANK OF NEW YORK MELLON |
3 |
3.06% |
|
CALIBER HOME LOANS INC |
3 | 3.06% |
|
NATIONSTAR MORTGAGE LLC |
3 |
3.06% |
| BAYVIEW LOAN SERVICING LLC | 2 |
2.04% |
| FREEDOM MORTGAGE CORPORATION | 2 |
2.04% |
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
Get our meeting notices and market data emailed to you.
The post December 2018 Lee County Florida foreclosure report appeared first on SWFL Real Estate Investing.
source https://swflreia.com/2019/01/07/december-2018-lee-county-florida-foreclosure-report/
No comments:
Post a Comment