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Orlando FL Foreclosure Trends for April 2014

June 8th, 2014 by tisner

In April, the number of properties that received a foreclosure filing in Orlando, FL was 30% higher than the previous month and 2% higher than the same time last year, according to RealtyTrac.com.

Orlando Foreclosure Geographical Comparison

Orlando foreclosures were 0.26% above national statistics, 0.12% above state figures, and the same as Orange County numbers in April 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 71.5% of the foreclosure activity in April,  Auctions were 16.7%, and Bank-owned properties were 11.8%.

orlando fl foreclosure

Orlando FL Foreclosure Activity by Month

In April, the number of bank-owned properties increased 10.4% from the previous month and increased 2.2% from the previous year. The number of auctions increased 51.2% from the previous month and rose 13.5% from the previous year. Pre-foreclosure activity decreased 18.0% from the previous month and decreased 36.9% from the previous year.

orlando fl foreclosure

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