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Orlando sees big drop off in foreclosures

The Orlando area saw a significant decline in foreclosures last month when compared with the year and month prior, said a new report from RealtyTrac Inc.

Metro Orlando posted a 63.6 percent decline when compared with January 2011 and a 30 percent decline from the filings reported in December.

Foreclosure filings include default notices, auction notices and bank repossessions.

Posted: 10 February 2011
Source: Orlando Business Journal
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