Greg Snow - Southwest Florida Real Estate Expert provides real estate services to Cape Coral, Fort Myers, Sanibel and Captiva Islands

Lee County, Florida got some encouraging news as our local News-Press reported our Fort Myers-Cape Coral area foreclosures are down 19% from May 2009, and we STILL rank 5th nationally. Still, one in every 102 local Lee hoiuseholds received notice and May 2010 new filings stood at 3,576 or more than 100 per DAY. Repossessions nationally were almost 100,000 in May. Our Naples-Marco area increased over 10% from April 2010, with one in every 157 households getting a notice. May filings were 1,237 and this area now holds the number 16th ranking in the country. The opportunity to buy a home for investment, retirement, or just to get unwanted family members away from you has never been better with low interest rates, government assistance, and discounted properties add up to a bona-fide chance of our lifetime(s). Come on down.