FORECLOSURE ACTIONS DOWN IN LEE, COLLIER
Friday, September 18, 2015
According to an August 2015 U.S. Foreclosure Market Report by RealtyTrac, foreclosure activity in Lee County totaled 398 units in August, significantly down from 863 in the same month last year. Collier County foreclosure activity dropped from 168 in August 2014 to 152 in August of this year. Foreclosure starts decreased in Florida from a year ago, while bank repossessions increased.. Florida’s overall foreclosure rate dropped out of the top three highest among the states for the first time since June 2012.