Lawler: Table of Distressed Sales and All Cash Sales for Selected Cities in May

Economist Tom Lawler sent me the table below of short sales, foreclosures and all cash sales for selected cities in May.

On distressed: Total "distressed" share is down year-over-year in all of these markets.

Short sales and foreclosures are down in all of these areas.

The All Cash Share (last two columns) is mostly declining year-over-year. As investors continue to pull back, the share of all cash buyers continues to decline.

	Short Sales Share		Foreclosure Sales Share		Total "Distressed" Share		All Cash Share
	May- 2016	May- 2015	May- 2016	May- 2015	May- 2016	May- 2015	May- 2016	May- 2015
Las Vegas	4.5%	7.3%	6.1%	8.0%	10.6%	15.3%	28.2%	29.1%
Reno**	3.0%	5.0%	3.0%	4.0%	6.0%	9.0%
Phoenix	1.6%	2.8%	2.1%	3.2%	3.7%	6.0%	21.6%	24.1%
Sacramento	3.5%	4.7%	3.2%	5.4%	6.7%	10.1%	16.7%	17.4%
Minneapolis	1.2%	2.4%	5.5%	6.7%	6.7%	9.1%	11.6%	12.0%
Mid-Atlantic	2.9%	3.4%	8.8%	10.4%	11.7%	13.8%	15.0%	16.1%
So. California*	2.2%	3.4%	3.4%	4.3%	5.6%	7.7%	19.3%	23.2%
Florida SF	2.3%	3.8%	9.4%	17.8%	11.7%	21.6%	29.1%	34.7%
Florida C/TH	1.5%	2.6%	7.7%	14.1%	9.3%	16.7%	57.0%	62.6%
Miami - Dade Co. SF	3.8%	8.8%	16.4%	18.2%	20.2%	27.0%	31.3%	33.0%
Miami - Dad Co. CTH	2.6%	4.0%	15.1%	19.0%	17.7%	23.0%	62.0%	62.7%
Broward Co. SF	4.7%	7.3%	13.8%	14.8%	18.5%	22.1%	26.3%	29.9%
Broward Co. CTH	1.8%	3.8%	11.2%	18.9%	13.0%	22.7%	61.0%	66.0%
Spokane					6.3%	12.8%
Chicago (city)					11.3%	16.2%
Northeast Florida					17.0%	26.6%
Tucson							22.6%	25.6%
Toledo							26.9%	28.5%
S.C. Wisconsin							14.6%	15.6%
Knoxville							20.7%	20.5%
Peoria							21.7%	17.9%
Georgia***							20.8%	20.3%
Omaha							13.2%	15.9%
Pensacola							29.9%	31.3%
Rhode Island					9.5%	11.5%
Richmond VA			7.5%	8.5%			15.1%	14.9%
Memphis			11.0%	14.3%
*share of existing home sales, based on property records **Single Family Only ***GAMLS

from
http://feedproxy.google.com/~r/CalculatedRisk/~3/ZcUKh52k7so/lawler-table-of-distressed-sales-and.html