In February, the number of properties that received a foreclosure filing in Orlando, FL was 14% lower than the previous month and 25% lower than the same time last year, according to RealtyTrac.com.

Orlando Foreclosure Geographical Comparison

Orlando foreclosures were 0.09% above national statistics, 0.01% below figures, and 0.01% below Orange County numbers in February 2015.

Orlando Foreclosure Status Distribution

The current distribution of foreclosures based on the number of active foreclosure homes in Orlando, FL.

Pre-foreclosures accounted for 16.9% of the foreclosure activity in February,  Auctions were 46.2%, and Bank-owned properties were 36.9%.

Orlando Foreclosure Activity by Month

In February, the number of bank-owned properties increased 7.5% from the previous month and decreased 21.5% from the previous year. The number of auctions decreased 22.1% from the previous month and 18.6% from the previous year. Pre-foreclosure activity decreased 27.3% from the previous month and 42.0% from the previous year.

Information courtesy of Orlando Realtor Teri Isner, Orlando Avenue top Team.

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Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.

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