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Orlando FL Foreclosure Trends for March 2014

April 29th, 2014 by tisner

In March, the number of properties that received a foreclosure filing in Orlando, FL was 22% higher than the previous month and 3% lower than the same time last year, according to RealtyTrac.com.

Orlando Foreclosure Geographical Comparison

Orlando foreclosures were 0.19% above national statistics, 0.03% above state figures, and 0.02% below Orange County numbers in March 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 18.7% of the foreclosure activity in March,  Auctions were 61.6%, and Bank-owned properties were 19.7%.

orlando fl foreclosure

Orlando FL Foreclosure Activity by Month

In March, the number of bank-owned properties decreased 32.2% from the previous month and increased 4.5% from the previous year. The number of auctions increased 75.5% from the previous month and increased 34.7% from the previous year. Pre-foreclosure activity increased 3.6% from the previous month and decreased 52.0% from the previous year.

orlando fl foreclosure

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