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

On distressed: Total “distressed” share is down year-over-year in all of these markets (except Springfield).

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
July-
2016
July-
2015
July-
2016
July-
2015
July-
2016
July-
2015
July-
2016
July-
2015
Las Vegas 5.7% 7.1% 5.9% 7.7% 11.6% 14.8% 25.8% 27.1%
Reno** 3.0% 3.0% 1.0% 2.0% 4.0% 5.0%    
Phoenix 1.6% 2.8% 2.2% 3.4% 3.8% 6.3% 19.7% 21.9%
Sacramento 2.6% 4.7% 2.1% 4.6% 4.7% 9.3% 14.4% 18.1%
Minneapolis 1.0% 2.0% 3.6% 5.5% 4.6% 7.5% 11.3% 11.7%
Mid-Atlantic 2.7% 3.4% 7.6% 9.4% 10.4% 12.8% 15.0% 15.8%
So. California*         4.9% 7.1% 19.6% 21.6%
Bay Area CA*         3.2% 4.7% 18.6% 20.1%
Florida SF 2.4% 3.4% 8.0% 16.3% 10.4% 19.7% 26.6% 32.6%
Florida C/TH 1.6% 2.4% 7.0% 15.2% 8.6% 17.6% 53.7% 59.1%
Miami MSA SF 3.8% 5.1% 9.5% 16.5% 13.4% 21.6% 27.9% 31.8%
Miami MSA C/TH 1.7% 3.5% 9.5% 18.8% 11.2% 22.2% 56.7% 61.9%
Tampa MSA SF 2.8% 3.6% 8.3% 16.4% 11.1% 20.0% 25.7% 33.9%
Tampa MSA C/TH 1.6% 2.0% 6.7% 14.8% 8.3% 16.8% 50.2% 56.1%
Chicago (city)         10.5% 13.5%    
Northeast Florida         12.8% 26.3%    
Spokane         5.7% 9.1%    
Tucson             21.6% 23.7%
Orlando             28.4% 34.5%
Toledo             24.3% 27.0%
S.C. Wisconsin             14.4% 15.2%
Knoxville             20.6% 21.8%
Peoria             22.7% 15.6%
Georgia***             18.5% 20.3%
Omaha             13.0% 13.2%
Pensacola             28.0% 28.5%
Rhode Island             7.8% 8.8%
Richmond VA         6.0% 8.4% 15.9% 18.1%
Memphis         8.1% 12.8%    
Springfield IL**         6.3% 4.7%    
*share of existing home sales, based on property records
**Single Family Only
***GAMLS

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

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