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Orlando FL Foreclosure Trends – March 2012

April 24th, 2012 by tisner

There were 12,128 Orlando FL foreclosure homes in March 2012, according to RealtyTrac.com.  The average sales price of an Orlando home was $126,288 and the average sales price of a foreclosure home was $104,270, a $22,018 savings.

Orlando FL Foreclosure Activity and 30 Year Interest Rate

The interest rate on a 30 year mortgage was 3.95% in March and there were 986 new foreclosures compared to 1,171 new foreclosures in February.

 

Foreclosure activity is based on the total number of properties that receive foreclosure filings – default notice, foreclosure auction notice or bank repossession – each month. Interest rate is based on the average 30-year fixed rate from Freddie Mac Primary Mortgage Market Survey.

Orlando FL Foreclosure Geographical Comparison

Orlando FL foreclosures were 0.11% above national statistics, 0.04% below Florida figures and 0.01% below Orange County numbers in March.

 

Orlando FL Foreclosure Activity by Month

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Orlando FL Foreclosure Trends – February 2012

April 3rd, 2012 by tisner

There were 11,903 Orlando FL foreclosure homes in February 2012, according to RealtyTrac.com. 1 in every 1,171 housing units received a foreclosure filing. The average sales price of an Orlando home was $119,371 and the average sales price of a foreclosure home was $97,197, a $22,174 savings.

Orlando FL Foreclosure Activity and 30 Year Interest Rate

The interest rate on a 30 year mortgage was 3.89% in February and there were 1,171 new foreclosures compared to 1,459 new foreclosures in January.

 

Foreclosure activity is based on the total number of properties that receive foreclosure filings – default notice, foreclosure auction notice or bank repossession – each month. Interest rate is based on the average 30-year fixed rate from Freddie Mac Primary Mortgage Market Survey.

Orlando FL Foreclosure Geographical Comparison

Orlando FL foreclosures were 0.15% above national statistics, 0.02% above Florida figures and the same as Orange County numbers in February.

 

Orlando FL Foreclosure Activity by Month
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Teri Isner, CIPS, CRS, GRI
Keller Williams At-The-Lakes
66 Riley Road
Celebration, Fl 34747

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