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Orlando FL Foreclosure Trends for July 2014

September 5th, 2014 by tisner

In July, the number of properties that received a foreclosure filing in Orlando, FL was 9% lower than the previous month and 0% lower than the same time last year, according to RealtyTrac.com.

Orlando Foreclosure Geographical Comparison

Orlando foreclosures were 0.18% above national statistics, 0.04% above state figures, and 0.02% below Orange County numbers in July 2014.

orlando fl foreclosure

Orlando Foreclosure Status Distribution

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

Pre-foreclosures accounted for 14.1% of the foreclosure activity in July,  Auctions were 56.8%, and Bank-owned properties were 14.1%.

orlando fl foreclosure

Orlando FL Foreclosure Activity by Month

In July, the number of bank-owned properties increased 29.0% from the previous month and increased 20.4% from the previous year. The number of auctions decreased 22.9% from the previous month and rose 26.0% from the previous year. Pre-foreclosure activity increased 6.9% from the previous month and decreased 54.2% from the previous year.

orlando fl foreclosure

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