Fort Myers Foreclosures Real Estatefort myers foreclosures

Fort Myers Foreclosure prices on homes and condos have dropped dramatically to the lowest prices in years. The prices are beginning to rise. The number of Fort Myers real estate sales per month have gone up over the past few months compared to a year ago. The number of new foreclosures increased last month.  It appears that we are at or near the bottom of real estate values in our local area.  Search below and use our easy to use and up to date MLS search engine.

 If you need more information on Fort Myers Foreclosures,feel free to Contact Shellstar Realty. Our Realtors Have several years experience and can help you obtain the best price on your real estate purchase! Also Visit Fort Myers Short Sales

Lee County foreclosures in September 2014 fell to their lowest level since the housing market collapsed in 2006 while home permits continued a slow, cautious recovery, according to statistics released Wednesday. Lenders filed 166 foreclosure lawsuits, down from 204 in August and 239 in September 2013, a report by the Southwest Florida Real Estate Investors Association states. Jeff Tumbarello, director of the association and owner/broker of Steelbridge Realty in North Fort Myers, said it’s unlikely foreclosures will return to their previous highs anytime soon because the majority of sales in the past four years have been made without mortgages. “It’s a sustainable market that’s growing and that’s driven by cash,” he said, noting that “If you bought a house in 2010 in Lehigh Acres for $50,000, they’re running in the $120,000s now.” Foreclosures bottomed out in October 2005, when 127 were filed. They reached a high of 2,665 in October 2008 before gradually falling until settling until the 200-300 range over the past year.

Homes for Sale Fort Myers Foreclosures

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#222036764 | House
Listing Courtesy of: Downing Frye Realty Inc.
The data relating to real estate for sale on this limited electronic display come in part from the Broker Reciprocity Program (BR Program) of the Bonita Springs-Estero Association of REALTORS®, Florida Gulf Coast Multiple Listing Service, Inc., and the M.L.S. of Naples, Inc. Properties listed with brokerage firms other than ShellStar Realty are marked with the BR Icon and detailed information about them includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties available through the BR Program.
The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations. Copyright 2022 Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.
Southwest Florida data last updated at May 15, 2022 1:27 PM ET

Condo Foreclosures for sale


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