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Orlando Foreclosure Trends for January 2015

March 6th, 2015 by tisner

In January, the number of properties that received a foreclosure filing in Orlando, FL was 25% higher than the previous month and 4% higher than the same time last year, according to RealtyTrac.com.

Orlando Foreclosure Geographical Comparison

Orlando foreclosures were 0.14% above national statistics, the same as state figures, and the same as Orange County numbers in January 2015.

orlando foreclosure

Orlando Foreclosure Status Distribution

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

Pre-foreclosures accounted for 17.7% of the foreclosure activity in January,  Auctions were 37.4%, and Bank-owned properties were 44.9%.

orlando foreclosure

Orlando Foreclosure Activity by Month

In January, the number of bank-owned properties increased 111.4% from the previous month and increased 54.5% from the previous year. The number of auctions increased 0.6% from the previous month and dropped 1.5% from the previous year. Pre-foreclosure activity decreased 18.9% from the previous month and 38.9% from the previous year.

orlando foreclosure

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

Access Teri’s one-stop Orlando FL home shopping website.

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.

You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently.  You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.

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