Have we turned a corner in Cape Coral FL?....

Lee County Lis Pendens filed.........

First, what is a lis pendens? A lis pendens is a written notice that a lawsuit has been filed with the courts concerning real estate. You could kind of call it...one of the first indicators of a possible foreclosure.

Everyone's talking about foreclosures. Are they slowing down? Will there be a new wave?

It is important to keep in mind that not every lis pendens filing will turn into a foreclosure but I've been watching the overall numbers for a while now...waiting for a sign. You tell me what you see......

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For information on SW Florida properties contact:

Debbie Cullen, CRS, GRI, ABR, e-PRO, SRES, RSPS, SFR

Century 21 Sunbelt, Realtor

Serving SW Florida (Cape Coral...aka Paradise)

239.233.2322

deb@CapeDeb.com

www.CapeDeb.com