This blog is part of a monthly series about the foreclosure market in the Orlando area. My goal is to keep area home owners and buyers educated on how the REO market is recovering or if it is and what deals are out there for both First Time Home Buyers and Investors. Click the link to see Orlando's January Foreclosure Numbers. Florida 57,838 Bank Owned Homes in the State of Florida Orange Co 5,205 Bank Owned Homes in Orange County Seminole Co 927 Bank Owned Homes in Seminole County These numbers are said to be accurate as of 2/7/10 9:01 pm My predictions were right the foreclosure numbers are on the rise and up across the board from January. My prediction is the end of the 1st quarter going into the 2nd quarter numbers will be up over 50% from now. 
Area Number of Homes
Heather Joubran, GRI, NRBA, CLHMS, CDPE
RE/MAX Central Realty
www.HeatherTheRealtor.com (407) 810-6304
Specializing in First Time Home Buyers, Short Sales, Bank Owned Real Estate, REO & Foreclosure Properties
Servicing Real Estate Needs in: Lake Mary, Longwood, Winter Springs, Sanford, Altamonte Springs, Oviedo, Orlando, Downtown Orlando, Thornton Park, College Park, Winter Park, Maitland, Windermere, UCF, Lake Nona, Baldwin Park, Apopka, Ocoee & Winter Garden
Heather
Thanks for sharing the Orlando foreclosure update.
Good luck and success.
Lou Ludwig
Heather...your predictions about the rise in foreclosures is mind-boggling (50%)...and on the other hand, these are much easier to sell than short sales...Good luck to you through this process...Cherise
It's unbelieveable how many foreclosures are still coming down the pipe. I have a few customers that go to the Orange County & Seminole County foreclosure sales each week and it takes hours each day to get through all the auctions. We have a long way to go.
the larger number of foreclosures the more opportunity for Buyers -- great post
@coastalREO
JE
Interesting numbers. I feel we will be seeing more here in Maine soon, also