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

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

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 (except a minor increase in Springfield).

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
	Aug- 2016	Aug- 2015	Aug- 2016	Aug- 2015	Aug- 2016	Aug- 2015	Aug- 2016	Aug- 2015
Las Vegas	4.1%	6.2%	5.5%	7.0%	9.6%	13.2%	25.8%	28.2%
Phoenix	2.1%	2.7%	2.3%	3.4%	4.4%	6.1%	20.3%	22.6%
Sacramento	2.9%	4.3%	2.9%	3.8%	5.8%	8.0%	15.3%	18.8%
Minneapolis	1.1%	1.7%	3.8%	6.1%	4.9%	7.8%	12.1%	11.7%
Mid-Atlantic	2.8%	3.2%	8.6%	10.5%	11.4%	13.7%	16.7%	16.5%
Florida SF	2.1%	3.5%	8.0%	16.6%	10.1%	20.2%	27.3%	33.6%
Florida C/TH	1.4%	2.3%	7.3%	15.3%	8.6%	17.6%	55.0%	59.7%
Miami MSA SF	2.9%	5.9%	9.5%	17.9%	12.4%	23.8%	26.5%	32.0%
Miami MSA C/TH	1.7%	3.0%	10.0%	19.2%	11.7%	22.2%	56.1%	62.9%
Chicago (city)					12.4%	15.0%
Northeast Florida					14.2%	25.8%
Rhode Island					8.0%	10.1%
Spokane					6.1%	10.0%
Toledo							24.9%	30.3%
Tucson							20.9%	25.8%
Knoxville							22.5%	23.4%
Peoria							20.2%	17.2%
Georgia***							19.8%	21.9%
Omaha							15.2%	16.9%
Pensacola							24.3%	30.6%
Richmond VA			6.9%	9.3%			16.0%	16.0%
Memphis			8.6%	12.2%
Springfield IL**			6.8%	6.6%
*share of existing home sales, based on property records **Single Family Only ***GAMLS

from
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