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

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

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
	June- 2016	June- 2015	June- 2016	June- 2015	June- 2016	June- 2015	June- 2016	June- 2015
Las Vegas	4.4%	6.7%	5.9%	7.6%	10.3%	14.3%	27.0%	28.4%
Reno**	3.0%	5.0%	2.0%	3.0%	5.0%	8.0%
Phoenix	1.6%	2.8%	1.9%	3.6%	3.4%	6.4%	20.9%	23.1%
Sacramento	2.8%	5.8%	2.6%	4.6%	5.4%	10.4%	16.1%	17.8%
Minneapolis	1.2%	2.0%	3.8%	5.7%	5.0%	7.7%	10.9%	12.1%
Mid-Atlantic	2.7%	3.1%	8.1%	8.7%	10.8%	11.7%	14.4%	15.2%
Florida SF	2.2%	3.5%	8.0%	16.6%	10.2%	20.1%	27.2%	33.3%
Florida C/TH	1.4%	2.4%	7.1%	14.8%	8.6%	17.2%	54.5%	60.9%
So. California*					5.3%	6.9%
Bay Area CA*					2.2%	4.3%
Chicago (city)					9.8%	12.4%
Spokane					7.6%	10.8%
Rhode Island					9.2%	10.4%
Northeast Florida					15.1%	25.4%
Orlando							27.9%	35.8%
Tucson							23.1%	26.5%
Toledo							23.2%	27.0%
S.C. Wisconsin							14.1%	14.3%
Knoxville							18.9%	18.9%
Peoria							15.6%	16.1%
Georgia***							18.1%	20.3%
Omaha							15.1%	14.6%
Pensacola							25.3%	31.6%
Richmond VA			5.6%	7.6%			13.5%	13.8%
Memphis			9.0%	11.4%
Springfield IL**			4.7%	5.6%
*share of existing home sales, based on property records **Single Family Only ***GAMLS

from
http://feedproxy.google.com/~r/CalculatedRisk/~3/0fOaQekBGSE/lawler-table-of-distressed-sales-and.html