lawler-table-of-distressed-sales-and-all-cash-sales-for-selected-cities-in-october

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

On distressed: The total “distressed” share is down year-over-year in most of these markets.

Short sales and foreclosures are down in 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
	Oct- 2016	Oct- 2015	Oct- 2016	Oct- 2015	Oct- 2016	Oct- 2015	Oct- 2016	Oct- 2015
Las Vegas	5.1%	6.3%	5.6%	7.3%	10.7%	13.6%	27.4%	30.9%
Reno**	1.0%	4.0%	2.0%	3.0%	3.0%	7.0%
Phoenix	1.8%	2.7%	2.0%	3.6%	3.8%	6.3%	21.0%	24.6%
Sacramento	2.3%	4.0%	2.0%	3.5%	4.3%	7.5%	14.4%	17.8%
Minneapolis	1.2%	2.3%	3.9%	7.8%	5.1%	10.1%	12.7%	15.5%
Mid-Atlantic	2.8%	3.7%	8.9%	11.9%	11.8%	15.6%	16.6%	19.3%
Florida SF	2.3%	3.6%	8.0%	15.6%	10.4%	19.3%	28.6%	34.2%
Florida C/TH	1.5%	2.1%	6.7%	13.5%	8.2%	15.7%	55.5%	61.6%
Miami MSA SF	3.5%	5.7%	8.3%	17.1%	11.8%	22.8%	29.6%	33.8%
Miami MSA CTH	1.6%	2.5%	9.1%	16.5%	10.6%	19.0%	58.8%	63.9%
Chicago (city)					13.0%	18.3%
Spokane					7.2%	12.3%
Northeast Florida					13.9%	25.6%
Orlando							29.0%	36.5%
Toledo							25.6%	30.4%
Tucson							23.4%	28.1%
Knoxville							22.6%	25.4%
Peoria							23.3%	20.8%
Georgia***							20.1%	23.1%
Omaha							16.1%	15.5%
Pensacola
Rhode Island					9.9%	9.6%
Richmond VA			8.0%	9.3%			16.3%	17.1%
Memphis			9.3%	15.5%
Springfield IL**							7.6%	7.8%
*share of existing home sales, based on property records **Single Family Only ***GAMLS

lawler-table-of-distressed-sales-and-all-cash-sales-for-selected-cities-in-october