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

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