Sept 2008 Lis Pendens Filings: 2462
Sept 2008 Deeds acquired by foreclosure: 912
Update from the August data: 686 of the Lis Pendens filed had a homestead exemption present
Notes:
· I was quoted heavily in the Media last month as to the one month drop in filings, the rest of the quote was let's wait till the end of Oct. 08 to call the trend based upon that drop.
· What Happened to the Fannie and Freddie Lis Pendens filings? They have 2 each? I have double checked my work on this. If I have an error on this I will correct.....
· We had an early month surge in per day filings with a drop off at the end of the month.
· Deeds transferred dropped. Expect many of the open cases to be resolved as the Clerk of the Courts is streamlining the process.
· The trend appears to have not abated. It has bounced up and down from month to month for the last year.
· If you are looking for hope, the per diem filings trended down as the month went on. From the first two weeks, I was extrapolating a 2800 plus month in filings.
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Complied and analyzed by:
Jeff Tumbarello, Director, SWFL REIA
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