New Foreclosure Record Set For January 2008 In Lee County, Florida
January 2008 was the beginning of the new year for most people in Southwest Florida, and for of our other citizens, it was more bad news of the same old variety. In January 2008, 1,833 foreclosure lawsuits were filed in Lee County. This is a very depressing statistic. Lee County had approximately10,700 foreclosure lawsuits filed in 2007. In 2006, the number was approximately 3, 920. The increase is dramatic, but understandable. Unless you have been living under a rock for the past 36 months, you know what happened in the Lee County real estate market.
So, the question is: Is this statistic a sign of things to come in 2008? I certainly hope not. I would like to see some of our politicians step up to the plate and do something to help the people of Southwest Florida in these times of need. However, this has not yet happened. Stay Tuned.