Orlando Foreclosure Trends for January 2015
March 6th, 2015 by tisnerIn 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 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 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.
Information courtesy of Orlando Realtor Teri Isner, Orlando Avenue top Team.
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