In December, the number of properties that received a foreclosure filing in Orlando, FL was 29% lower than the previous month and 7% lower than the same time last year, according to RealtyTrac.com.
Orlando Foreclosure Geographical Comparison
Orlando foreclosures were 0.10% above national statistics, 0.01% above state figures, and 0.01% above Orange County numbers in December 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 27.2% of the foreclosure activity in December, Auctions were 46.3%, and Bank-owned properties were 26.5%.
Orlando Foreclosure Activity by Month
In December, the number of bank-owned properties decreased 42.9% from the previous month and increased 36.0% from the previous year. The number of auctions decreased 27.3% from the previous month and 27.7% from the previous year. Pre-foreclosure activity decreased 12.4% from the previous month and increased 11.1% from the previous year.
Information courtesy of Orlando Realtor Teri Isner, Orlando Avenue top Team.
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.