by Calculated Risk on 7/16/2015 05:01:00 PM

Economist Tom Lawler sent me a preliminary table below of short sales, foreclosures and cash buyers for a few selected cities in June.

On distressed: Total "distressed" share is down in most of these markets mostly due to a decline in short sales (Baltimore is up because of an increase in foreclosures).

Short sales are down in all of these areas.

The All Cash Share (last two columns) is declining year-over-year. As investors pull back, the share of all cash buyers will probably continue to decline.

As Lawler noted before: The Baltimore Metro area is included in the overall Mid-Atlantic region (covered by MRIS). Baltimore is also shown separately because a large portion of the YOY increase in the foreclosure share of home sales in the Mid-Atlantic region was attributable to the significant increase in foreclosure sales in the Baltimore Metro area.

	Short Sales Share		Foreclosure Sales Share		Total "Distressed" Share		All Cash Share
	Jun- 2015	Jun- 2014	Jun- 2015	Jun- 2014	Jun- 2015	Jun- 2014	Jun- 2015	Jun- 2014
Las Vegas	6.7%	10.8%	7.6%	10.1%	14.3%	20.9%	28.4%	34.7%
Reno**	5.0%	10.0%	3.0%	7.0%	8.0%	17.0%
Phoenix							23.0%	26.6%
Sacramento	5.8%	7.0%	4.6%	6.5%	10.4%	13.6%	17.8%	19.8%
Minneapolis	2.0%	3.0%	5.6%	9.7%	7.6%	12.7%
Mid-Atlantic	3.1%	4.8%	8.7%	7.4%	11.7%	12.2%	15.2%	16.5%
Baltimore MSA****	3.1%	4.3%	14.3%	10.7%	17.4%	15.0%	20.7%	19.8%
Orlando	3.7%	7.8%	24.9%	26.5%	28.6%	34.3%	35.7%	40.5%
Chicago (city)					12.4%	18.7%
Hampton Roads					16.6%	20.1%
Spokane					10.7%	14.1%
Northeast Florida					25.6%	32.4%
Toledo							27.0%	28.4%
Wichita							21.9%	22.6%
Des Moines							14.4%	14.6%
Tucson							25.1%	26.1%
Georgia***							20.3%	24.6%
Omaha							14.6%	16.3%
Richmond VA MSA			7.1%	9.7%			13.8%	16.1%
Memphis			11.4%	12.4%
Springfield IL**			5.1%	8.4%
*share of existing home sales, based on property records **Single Family Only ***GAMLS ****Baltimore is included in the Mid-Atlantic region, but is shown separately here