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Orlando FL Foreclosure Trends for August 2014

October 3rd, 2014 by tisner

In August, the number of properties that received a foreclosure filing in Orlando, FL was 42% higher than the previous month and 52% higher than the same time last year, according to RealtyTrac.com.

Orlando Foreclosure Geographical Comparison

Orlando foreclosures were 0.28% above national statistics, 0.12% above state figures, and 0.01% below Orange County numbers in August 2014.

orlando fl foreclsure

Orlando Foreclosure Status Distribution

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

Pre-foreclosures accounted for 21.9% of the foreclosure activity in August,  Auctions were 41.6%, and Bank-owned properties were 36.4%.

orlando fl foreclosure

Orlando FL Foreclosure Activity by Month

In August, the number of bank-owned properties increased 77.5% from the previous month and 58.8% from the previous year. The number of auctions increased 4.1% from the previous month and rose 46.5% from the previous year. Pre-foreclosure activity increased 120.7% from the previous month and 50.0% from the previous year.

orlando fl foreclsure

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