Orlando Foreclosure Trends for April 2015
June 5th, 2015 by tisnerIn April, Orlando, FL foreclosure filings were 16% higher than the previous month and 38% lower than the same time last year, according to RealtyTrac.com.
Orlando Foreclosure Geographical Comparison
Orlando foreclosures were 0.12% above national statistics, 0.01% below Florida figures, and 0.01% below Orange County numbers in April 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 11.0% of the foreclosure activity in April, Auctions were 45.9%, and Bank-owned properties were 43.0%.
Orlando Foreclosure Activity by Month
In April, the number of bank-owned properties increased 77.3% from the previous month and 60.5% from the previous year. The number of auctions increased 21.3% from the previous month and decreased 60.0% from the previous year. Pre-foreclosure activity decreased 53.4% from the previous month and 41.5% from the previous year.
Information courtesy of Orlando Realtor Teri Isner, Orlando Avenue top Team.
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