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

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

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

Short sales and foreclosures are down in most 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
	Sep- 2016	Sep- 2015	Sep- 2016	Sep- 2015	Sep- 2016	Sep- 2015	Sep- 2016	Sep- 2015
Las Vegas	4.6%	6.8%	6.0%	7.1%	10.6%	13.9%	26.5%	26.8%
Reno**	3.0%	3.0%	2.0%	3.0%	5.0%	6.0%
Phoenix	1.7%	2.4%	2.0%	3.5%	3.7%	5.9%	20.2%	23.1%
Sacramento	1.4%	2.9%	3.1%	4.1%	4.5%	6.9%	16.3%	17.6%
Minneapolis	1.1%	1.9%	4.3%	6.6%	5.4%	8.5%	12.8%	12.5%
Mid-Atlantic	3.1%	3.9%	8.9%	11.1%	11.9%	14.9%	16.5%	17.5%
Florida SF	2.3%	3.5%	7.8%	16.0%	10.1%	19.4%	28.0%	34.1%
Florida C/TH	1.6%	2.1%	7.0%	14.3%	8.6%	16.4%	55.8%	59.7%
Miami MSA SF	3.3%	5.1%	9.4%	18.6%	12.7%	23.7%	28.5%	33.2%
Miami MSA CTH	2.7%	2.7%	9.5%	18.0%	12.1%	20.7%	58.1%	63.0%
Chicago (city)					12.1%	17.5%
Spokane					7.8%	7.8%
Northeast Florida					12.9%	23.4%
Orlando							31.3%	35.5%
Toledo							28.0%	26.5%
Tucson							22.2%	25.9%
Peoria							20.5%	22.3%
Georgia***							20.8%	22.3%
Omaha							15.5%	18.1%
Pensacola							29.1%	31.4%
Rhode Island					11.1%	9.0%
Richmond VA			8.7%	10.5%			18.4%	15.2%
Memphis			8.8%	13.1%
Springfield IL**							9.7%	10.3%
*share of existing home sales, based on property records **Single Family Only ***GAMLS

from
http://feedproxy.google.com/~r/CalculatedRisk/~3/V3SSdzP4KAg/lawler-table-of-distressed-sales-and.html