Orlando FL Foreclosure Trends for August 2014
October 3rd, 2014 by tisnerIn August, the number of properties that received a foreclosure filing in Orlando, FL was 42% higher than the previous month and 52% higher than the same time last year, according to RealtyTrac.com.
Orlando Foreclosure Geographical Comparison
Orlando foreclosures were 0.28% above national statistics, 0.12% above state figures, and 0.01% below Orange County numbers in August 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 21.9% of the foreclosure activity in August, Auctions were 41.6%, and Bank-owned properties were 36.4%.
Orlando FL Foreclosure Activity by Month
In August, the number of bank-owned properties increased 77.5% from the previous month and 58.8% from the previous year. The number of auctions increased 4.1% from the previous month and rose 46.5% from the previous year. Pre-foreclosure activity increased 120.7% from the previous month and 50.0% from the previous year.
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