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Press Release | Fort Myers / Cape Coral Real Estate Market Update!
                                          The Foreclosure Game is almost over in Southwest Florida !

It's the 9th inning of the Foreclosure Game in the Fort Myers / Cape Coral / Lee County Florida, It's almost over !
Joe Kendall, Broker Associate with Right Choice Realty writes:
I would like to share my thoughts and insight of our local real estate market in the Fort Myers/ Cape Coral Area. it's come down to the 9th inning of the game of the foreclosure market as this game has been on going on since the spring of 2006. 
Over the last 4-5 months most of if not all the major asset companies that handle 90% of the foreclosures in Lee County Florida have advised the REO agents that they would be greatly reducing the staff based on the amount of pending foreclosure inventory in the near future.
Recently Bank of America sent a letter over three weeks ago to all the REO Agents that Bank of America was going to be using alternative means for processing the final inventory of foreclosures in the pipeline.
This week one ... more

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