In Seminole and Orange there are as of December 20th, 269 homes listed for sale described as being in foreclosure. This is approximately 1.3% of the total listings for the 2 counties.
There have been 75 homes in these 2 counties that have sold this year out of 14,281 reported sales or 0.525% of the total sales have been homes described as being in foreclosure.
Sold numbers are expected to increase as the in foreclosure inventory increases. There has been a 72% increase of homes coming on the market listed as being in foreclosure from September to November as compared to 19% total increase of listings during the same period.
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