Orlando Foreclosure Trends for March 2015

In March, Orlando, FL foreclosure filings were 13% higher than the previous month and 30% lower than the same time last year, according to RealtyTrac.com.

Orlando Foreclosure Geographical Comparison

Orlando foreclosures were 0.11% above national statistics, 0.02% below Florida figures, and the same as Orange County numbers in March 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 27.6% of the foreclosure activity in March,  Auctions were 44.1%, and Bank-owned properties were 28.3%.

 

Orlando Foreclosure Activity by Month

In March, the number of bank-owned properties decreased 13.5% from the previous month and remained the same as the previous year. The number of auctions increased 7.5% from the previous month and decreased 50.2% from the previous year. Pre-foreclosure activity increased 83.9% from the previous month and decreased 3.0% from the previous year.

 

Information courtesy of Orlando Realtor Teri Isner, Orlando Avenue top Team.

Access Teri’s one-stop Orlando FL home shopping website.

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.

Get Orlando Daily News delivered to your inbox! Subscribe here!