Jul 14, 2008

What Central Florida city has the most foreclosed homes for sale?

Where do you have the best chances to find an REO/bank-owned home to purchase? Current MLS statistics show that Poinciana's housing inventory has the largest percentage of bank-owned homes for sale at just over 13%. Osceola County leads the way with Kissimmee also in the top 3.


Foreclosure inventory

  1. Poinciana 13%
  2. Davenport 9.3%
  3. Kissimmee 8.9%
  4. Deltona 8.5%
  5. Orlando 4.7%
  6. Sanford 4.4%
  7. Altamonte Springs 4.3%
  8. Clermont 4.3%
  9. Saint Cloud 4.1%
  10. Eustis 3.8%
  11. Debary 3.7%
  12. Windermere 2.6%
  13. Deland 2.6%
  14. Lake Mary 2.3%
  15. Winter Park 1.8%

Related Florida real estate views:

Orlando home sellers: giving in, selling or losing their home?

Why would anyone offer to buy a home at list price or above in this market?

What do banks know that home sellers do not?

- Greg Staker Watson Realty Corp. 407-304-0255

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