Paige Rausch

Consumer confidence among Floridians rose two points in July to 68.
Of the five components that make up the index, three increased,
one decreased and one remained unchanged.

Perceptions of personal finances now compared to a year ago increased from
54 in June to 57 in July, while expectations of personal finances a year from
now rose a point from 74 in June to 75.

Expectations about U.S. economic conditions over the next year declined a point
from 60 in June to 59 in July while expectations of U.S. economic conditions over
the next five years remained unchanged. The largest change was an increase in the
component asking respondents if it is a good time to buy big-ticket items, that
component rose five points to 77.

Of equal interest is an increase in the overall index for those over age 60 and a
decline for those under age 60. Last month the decline in confidence was largely
due to seniors. This month they report an improvement in their current personal
finances. This may reflect the stalled debt talks which has not yet resulted in a
cut to entitlement programs. Seniors may have also become more aware of the nature
of proposed entitlement cuts which for the most part will not affect those in or
near retirement.”

To read the full report from UF Bureau of Economic and Business Research, click here.

WEEKLY MORTGAGE FORECLOSURE FILINGS REPORT

(LEE COUNTY CIRCUIT)

FILED BETWEEN 07/05/11 AND 07/08/11

07/05/11 Tuesday 27

07/06/11 Wednesday 18

07/07/11 Thursday 14

07/08/11 Friday 18

Weekly Total 77

BREAKDOWN:

Commercial 8

Homestead 39

Non-Homestead 30

Consumer confidence among Floridians remained flat in May at 68. Among the five components two declined, one increased and two remained unchanged.

1. Perceptions of personal finances now compared to a year ago fell four points to 52.

2. Perceptions of personal finances a year from now increased three points to 76.

3. Expectations of national economic conditions over the next year were unchanged at 66

4. Expectations of economic conditions over the next five years increased two points to 74.

5. Perceptions as to whether it is a good time to buy big-ticket consumer items fell a point to 74.

“While the overall consumer confidence index has declined steadily over the last several months and remained flat this month, there has been some uncharacteristic volatility in the individual components,” said Chris McCarty, the Survey Director. “We have also noticed an increase in the average age of our respondents over the past several months. In the past we have adjusted our results for the natural geographic underrepresentation of certain areas that is typical of surveys like ours. Recently we have become concerned about other demographic bias that is a consequence of cell phone only households not currently represented in our sample. When we adjust our results for age bias based upon the recent Census data on age groups in Florida, our results come out somewhat differently, particularly for some of the five sub-components.”

Survey information courtesy of: Bureau of Economic and Business Research UF Survey Research Center

Date Amount Party 1 Party 2

10. 5/23/2011 $2,400,000 FIRST BANK LOVE A CHILD HOLDING LLC

9. 5/23/2011 $2,500,000 BARNES THOMAS C JOHNSON MERCEDES TRUSTEE

8. 5/4/2011 $2,711,000 PARADISE GOLF PROPERTIES INC LENNAR HOMES LLC

7. 5/11/2011 $3,150,000 SHORELINE REMAINDER LLC SANIBEL SHORELINE LLC

6. 5/4/2011 $3,200,000 WOOD RYAN MCMILLIN JEFFREY T

5. 5/5/2011 $4,500,000.00 CHALFANT MATTHEW C AQUILA FRANCIS J

4. 5/16/2011 $4,500,000.00 SPECIAL ACQUISITIONS VI INC BACK BAY RESORTS SWF LLC

3. 5/20/2011 $7,000,000.00 LAND HOLDING LLC PINE ISLAND JV SRT LLC

2. 5/3/2011 $8,000,000 TOWNE PLACE UCA LLC FLORIDA GULF COAST UNIVERSITY

1. 5/2/2011 $18,000,000.00 LIGHT DANIEL B RP BONITA BEACH RD LLC

Data Source: Lee County Clerk of Courts

Report Prepared by: Paige Rausch