In May, the number of properties that received a foreclosure filing in Orlando, FL was 13% lower than the previous month and 21% higher than the same time last year, according to RealtyTrac.com.

Orlando Foreclosure Geographical Comparison

Orlando foreclosures were 0.24% above national statistics, 0.09% above state figures, and the same as Orange County numbers in May 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 10.9% of the foreclosure activity in May,  Auctions were 60.2%, and Bank-owned properties were 28.9%.

Orlando FL Foreclosure Activity by Month

In May, the number of bank-owned properties increased 50.6% from the previous month and increased 17.4% from the previous year. The number of auctions decreased 26.7% from the previous month and rose 69.1% from the previous year. Pre-foreclosure activity decreased 19.5% from the previous month and decreased 50.9% from the previous year.

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.

Get Orlando Daily News delivered to your inbox! Subscribe here!