Foreclosure rates for the Orlando-Kissimmee-Sanford area was 2.09 percent for November 2015, according to new CoreLogic data released Jan. 29.
The region’s foreclosure rate fell 1.5 percentage points in November compared to the year-ago period when the rate was 3.59 percent. The foreclosure rate measures the percentage of loans in some stage of the foreclosure process. Orlando’s declining foreclosure rate is a positive sign for the region, as fewer bank repossessions indicate a stronger homeowner… …read more
From:: biz journal foreclosures