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Orlando FL Foreclosure Trends for February 2014

April 2nd, 2014 by tisner

In February, the number of properties that received a foreclosure filing in Orlando, FL was 5% higher than the previous month and 42% lower than the same time last year, according to RealtyTrac.com.

Orlando Foreclosure Geographical Comparison

Orlando foreclosures were 0.15% above national statistics, 0.04% below state figures, and 0.01% below Orange County numbers in February 2014.

geo-feb2014

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 February,  Auctions were 42.7%, and Bank-owned properties were 35.3%.

status-feb2014

Orlando FL Foreclosure Activity by Month

In February, the number of bank-owned properties increased 22.9% from the previous month and decreased 18.3% from the previous year. The number of auctions increased 13.9% from the previous month and decreased 41.3% from the previous year. Pre-foreclosure activity dropped 23.4% from the previous month and decreased 68.8% from the previous year.

trend-feb2014

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