In February, the number of properties that received a foreclosure filing in Orlando, FL was 14% lower than the previous month and 25% lower than the same time last year, according to RealtyTrac.com.
Orlando Foreclosure Geographical Comparison
Orlando foreclosures were 0.09% above national statistics, 0.01% below figures, and 0.01% below Orange County numbers in February 2015.
Orlando Foreclosure Status Distribution
The current distribution of foreclosures based on the number of active foreclosure homes in Orlando, FL.
Pre-foreclosures accounted for 16.9% of the foreclosure activity in February, Auctions were 46.2%, and Bank-owned properties were 36.9%.
Orlando Foreclosure Activity by Month
In February, the number of bank-owned properties increased 7.5% from the previous month and decreased 21.5% from the previous year. The number of auctions decreased 22.1% from the previous month and 18.6% from the previous year. Pre-foreclosure activity decreased 27.3% from the previous month and 42.0% 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.