Thursday, January 28, 2010

Orlando No. 7 in 2009 foreclosures

“The Orlando metropolitan statistical area posted an 8.2 percent year-end foreclosure rate, with one in every 12 households receiving a filing. A total of 72,141 filings — including notices of default, auction notices and bank repossessions — were filed on Orlando MSA homes last year, a 54 percent jump when compared with 2008’s 46,843.

Osceola County, meanwhile, had the highest foreclosure rate in the Orlando MSA with 12.5 percent, or one in every eight homes receiving a filing.  The Orlando MSA was one of eight Florida metro areas among the nation’s top 20 with the highest foreclosure rates. Only California had more, with nine MSAs in the top 20.”

Full Article

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