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

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