SOUTHWEST FLORIDA FORECLOSURES DOWN IN 2015

Foreclosures in Southwest Florida declined sharply from 2014, according to RealtyTrac’s 2015 year-end U.S. Foreclosure Market Report. Lee County foreclosure actions totaled 5,118 units at year’s end, down 19.94 percent, from 6,393 from 2014. Collier County foreclosure activity totaled 1,671 units, down 20.12 percent from 2,092 the previous year. Charlotte County foreclosure actions totaled 1,777 units, a 20.71 decline from the previous year. Florida’s 1.77 percent foreclosure rate was among the five highest nationally.

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