Foreclosure pipeline steady


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  • | 9:40 a.m. May 22, 2012
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Few places epitomized the foreclosure crisis like the Fort Myers area during the real estate bust.

Jeff Tumbarello, the director of the Southwest Florida Real Estate Investor's Association, reminded us recently how bad it was.

At the end of April, there were 8,850 active foreclosures moving through the Lee County court system. That's about 500 more than there were at the same time last year.

 

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