Orlando Foreclosure Trends for Dec 2014
January 16th, 2015 by tisner
In December, the number of properties that received a foreclosure filing in Orlando, FL was 29% lower than the previous month and 7% lower than the same time last year, according to RealtyTrac.com.
Orlando Foreclosure Geographical Comparison
Orlando foreclosures were 0.10% above national statistics, 0.01% above state figures, and 0.01% above Orange County numbers in December 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 27.2% of the foreclosure activity in December, Auctions were 46.3%, and Bank-owned properties were 26.5%.
Orlando Foreclosure Activity by Month
In December, the number of bank-owned properties decreased 42.9% from the previous month and increased 36.0% from the previous year. The number of auctions decreased 27.3% from the previous month and 27.7% from the previous year. Pre-foreclosure activity decreased 12.4% from the previous month and increased 11.1% from the previous year.
Information courtesy of Orlando Realtor Teri Isner, Orlando Avenue top Team.
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