Orlando FL Foreclosure Trends for March 2014
April 29th, 2014 by tisnerIn March, the number of properties that received a foreclosure filing in Orlando, FL was 22% higher than the previous month and 3% lower than the same time last year, according to RealtyTrac.com.
Orlando Foreclosure Geographical Comparison
Orlando foreclosures were 0.19% above national statistics, 0.03% above state figures, and 0.02% below Orange County numbers in March 2014.
Orlando Foreclosure Status Distribution
The current distribution of foreclosures based on the number of active foreclosure homes in Orlando, FL.
Pre-foreclosures accounted for 18.7% of the foreclosure activity in March, Auctions were 61.6%, and Bank-owned properties were 19.7%.
Orlando FL Foreclosure Activity by Month
In March, the number of bank-owned properties decreased 32.2% from the previous month and increased 4.5% from the previous year. The number of auctions increased 75.5% from the previous month and increased 34.7% from the previous year. Pre-foreclosure activity increased 3.6% from the previous month and decreased 52.0% from the previous year.
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