Foreclosure filings down in Lee County in February

For-sale signs: With such a backlog of foreclosures and the market trying to rebound, how many will be in yards? And how far will the prices plummet to make them disappear? NDN file photo

For-sale signs: With such a backlog of foreclosures and the market trying to rebound, how many will be in yards? And how far will the prices plummet to make them disappear? NDN file photo

— There were 632 new foreclosure filings in Lee County in February.

That was down from 653 in January, according to a report by the Lee County Clerk’s Office.

Of the total filings last month, 24 were for commercial properties.

There were 365 filings on homes with a homestead exemption in February, indicating a primary residence. Another 243 were filed on homes without the exemption.

In February of last year, there were 314 foreclosure filings in total.

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