Boom Bust ... wheres the benifit from the Illegals that built the homes, lived in them then evicted from them - but not before gutting them for the copper wiring to take/sell for scrap metal. We have entire communities empty with nothing but tumble weeds and an occassional car

Cape Coral-Fort Myers No. 2, Naples-Marco Island No. 12 in foreclosures so far in 2009

The rankings are based on default notices, auction sale notices and bank repossessions.

By LAURA LAYDEN
Posted July 16, 2009 at 12:10 a.m. , updated July 16, 2009 at 12:10 a.m.

NAPLES — In the first half of the year, Cape Coral-Fort Myers took the No. 2 spot in the nation for foreclosure-related filings.

Naples-Marco Island ranked No. 12 among metros with a population of 200,000 or more, according to a report by Irvine, Calif.-based RealtyTrac.

The rankings are based on default notices, auction sale notices and bank repossessions.

There were 25,926 foreclosure-related filings in Cape Coral-Fort Myers from January to June, or one for every 14 households. That was up from 20,567 in the same months a year ago. But it’s down 2.66 percent from the last half of 2008, when filings reached 26,635.

Meanwhile, filings continue to grow in Naples-Marco Island. There were 6,990 of them in the first half of the year, or one for every 27 households. That was up nearly 57 percent from 4,455 in the same months a year ago and up more than 12 percent from the 6,299 filings recorded in the second half of last year.

Nationally, there were more than 1.9 million foreclosure-related filings reported in the first half of this year, according to RealtyTrac. That’s up 9 percent from the last six months of 2008 and up nearly 15 percent from a year ago.

One in every 84 households received at least one foreclosure filing from January to June.

“In spite of the industry-wide moratorium earlier this year, along with local, state and national legislative action and increased levels of loan modification activity, foreclosure activity continues to increase to record levels,â€