Orlando Foreclosure Trends for October 2014

In October, the number of properties that received a foreclosure filing in Orlando, FL was 18% lower than the previous month and 4% lower than the same time last year, according to RealtyTrac.com.
Orlando Foreclosure Geographical Comparison
Orlando foreclosures were 0.19% above national statistics, 0.15% above state figures, and the same as Orange County numbers in October 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 16.7% of the foreclosure activity in October,  Auctions were 53.7%, and Bank-owned properties were 29.7%.


Orlando Foreclosure Activity by Month
In October, the number of bank-owned properties decreased 15.4% from the previous month and increased 94.9% from the previous year. The number of auctions decreased 17.1% from the previous month and rose 108.6% from the previous year. Pre-foreclosure activity decreased 25.4% from the previous month and 73.7% from the previous year.


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