Login | Staff | Feedback | Customer Service | RSS | Advertise | Subscriber Services
customer service

HomeNewsReal Estate news

Lee County sees increase in permits, decrease in foreclosures


STORY TOOLS
Share on Facebook

Permits for new single-family homes in unincorporated Lee County increased last month and foreclosures dropped, albeit by a very small amount.

According to the Lee County Community Development department, 80 permits were pulled for May, compared to 47 in April. However, in May 2007, 301 permits were issued, said Joan LaGuardia, a department spokeswoman. The information includes Bonita Springs and Fort Myers Beach, which contracts with the county to provide permitting services.

The number of permits for multi-family structures also increased from 22 in April to 28 in May. In May 2007, 102 multi-family permits were pulled, she said.

The value of new commercial building permits increased from $5.5 million in April to $21.2 million in May. But that is only half of what was issued in May 2007, which saw $41.8 million in permits issued, she said.

Between Jan. 1 and May 31 of this year, the total number of permits issued was 8,031, compared to 13,968 for the same time in 2007, LaGuardia said.

“That includes all permits,” she said. “All the big building and trade permits, like roofing, electrical. It could be a shed or shutters.”

Lee County Clerk of Courts Charlie Green says his office has seen a steadying of the number of foreclosures filed.

For May, which had 21 working days, 2,356 foreclosures were filed, compared to 2,478 in April, which had 22 working days. In March, 2,354 were filed, while February’s number, the most-ever, was 2,463 during 21 working days.

“So the actual number per day has gone down,” Green said. “It’s leveled off so I’m saying the peak was in February.

“I thought it would drop a little faster,” he said.

RealtyTrac Inc., an Irvine, Calif., based foreclosure marketing company, reported that the Cape Coral-Fort Myers area was No. 5 on its list of cities with high foreclosure rates. The company tracks foreclosures and companion legal filings throughout the country and lists them the middle of each month on its Web site, www.realtytrac.com.

---

E-mail Valli Finney at vallimfinney@yahoo.com

Comments

This site does not necessarily agree with comments posted below. Comments are the sole responsibility of the person posting them. Break our rules, and we will ban you. No exceptions, no second chances. Read our privacy policy & user agreement.


Hey where are all the ney sayers

#1 Posted by NeezDutz on July 2, 2008 at 9:02 a.m. (Suggest removal)



Post your comment
(Requires free registration.)

Username:

Password:
(Forgotten your password?)

Your Turn:


Mostly Cloudy

Currently: 51 °

Partly Sunny
Hi: 77° | Low: 52° | Humidity: 71%
Wind: NNE at 13 mph
More weather » | Tide Charts »
Email the Governor

Love it, hate it, think the state should wait? Governor Charlie Crist has been getting an earful about the plan to lease Alligator Alley. Now's your turn. Tell the Governor how you feel! »

Swimsuit Edition 2008

It’s with great pleasure that we introduce Swimsuit 2008, our third annual swimwear edition. We take pride in the fact that all models involved are from right here in our community. This is where they live, work and play. Check it out! »

NIE Cruise Contest

Newspapers in Education provides newspapers, lessons, Web site activities and links for local schools and homes. Donate newspapers to kids and earn a chance at a four-night cruise for two in the Caribbean! »

    Since March 6, coyotes have been fingered in a string of attacks against dogs, cats and goats in Lee and Collier counties. Coyotes have killed three small dogs, injured three others, and caused a man who came into contact with the coyote’s saliva and a woman who was bitten by one to have rabies shots.