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

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