Orlando Foreclosure Trends for March 2015
May 1st, 2015 by tisnerIn March, Orlando, FL foreclosure filings were 13% higher than the previous month and 30% lower than the same time last year, according to RealtyTrac.com.
Orlando Foreclosure Geographical Comparison
Orlando foreclosures were 0.11% above national statistics, 0.02% below Florida figures, and the same as Orange County numbers in March 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 27.6% of the foreclosure activity in March, Auctions were 44.1%, and Bank-owned properties were 28.3%.
Orlando Foreclosure Activity by Month
In March, the number of bank-owned properties decreased 13.5% from the previous month and remained the same as the previous year. The number of auctions increased 7.5% from the previous month and decreased 50.2% from the previous year. Pre-foreclosure activity increased 83.9% from the previous month and decreased 3.0% from the previous year.
Information courtesy of Orlando Realtor Teri Isner, Orlando Avenue top Team.
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