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Orlando FL Foreclosure Trends for January 2014

February 25th, 2014 by tisner

In January, the number of properties that received a foreclosure filing in Orlando, FL was 11% higher than the previous month and 51% lower than the same time last year, according to RealtyTrac.com.

Orlando Foreclosure Geographical Comparison

Orlando foreclosures were 0.13% above national statistics, 0.07% below state figures, and 0.01% below Orange County numbers in January.
geo-jan2014

Orlando Foreclosure Status Distribution

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

Pre-foreclosures accounted for 30.2% of the foreclosure activity in January, Auctions 39.5%, and Bank-owned properties 30.3%.

status-jan2014

Orlando FL Foreclosure Activity by Month

In January, the number of bank-owned properties increased 86.0% from the previous month and decreased 51.1% from the previous year. The number of auctions decreased26.2% from the previous month and decreased 44.7% from the previous year. Pre-foreclosure activity increased 47.4% from the previous month and decreased 57.5% from the previous year.

trend-jan2014

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