Orlando Foreclosures Are Up 99%

Orlando Foreclosures Are Up 99%

Orlando foreclosures nearly doubled in 2022 Orlando-area foreclosures shot up 99% in 2022 after the end of a federal moratorium in 2021. In Central Florida, foreclosure proceedings were filed against 3,917 properties last year, up from 1,968 filings in 2021. Despite the dramatic increase in foreclosure filings, local foreclosure activity is 37% below its level in 2019, before the Covid-19 pandemic. The U.S. Census Bureau's latest weekly Household Pulse Survey found that 47% of Florida households surveyed from Dec. 9-Dec. 19 said foreclosure or eviction in the next two months was "very likely" or "somewhat likely."

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