by Calculated Risk on 8/24/2012 03:59:00 PM

CR Note: Tom Lawler thanks everyone for voting his horse "Dealer" to victory in the best pet contest. My congratulations to Rosemary and Tom who are celebrating their anniversary today!

Economist Tom Lawler sent me the table below for several more distressed areas. For almost of these areas (except Rhode Island), the share of distressed sales is down from July 2011 - and for the areas that break out short sales, the share of short sales has increased (except Minneapolis, and Lee County, FL) and the share of foreclosure sales are down. In most areas, short sales are higher than foreclosures, and for some areas like Phoenix, Reno and Las Vegas, short sales are now double the rate of foreclosures.

From Lawler: For the combined markets below showing the “total” distressed share of home sales, total home sales in July were up 8.7% from last July, but “non-distressed” sales were up by over 30%!

	Short Sales Share		Foreclosure Sales Share		Total "Distressed" Share
	12-July	11-July	12-July	11-July	12-July	11-July
Las Vegas	40.0%	20.2%	20.7%	50.2%	60.7%	70.4%
Reno	38.0%	28.0%	15.0%	37.0%	53.0%	65.0%
Phoenix	29.5%	23.6%	14.6%	43.1%	44.1%	66.7%
Sacramento	32.0%	22.3%	22.4%	39.0%	54.4%	61.3%
Minneapolis	9.3%	11.0%	24.8%	34.4%	34.1%	45.4%
Mid-Atlantic (MRIS)	11.3%	10.2%	8.7%	15.1%	20.0%	25.2%
Orlando	28.2%	29.4%	23.7%	28.2%	51.9%	57.6%
California (DQ)	19.0%	17.3%	22.0%	34.5%	41.0%	51.8%
Lee County, FL	17.3%	18.8%	15.9%	30.6%	33.2%	49.4%
Hampton Roads VA					29.1%	30.3%
Northeast Florida					39.0%	44.1%
Sarasota					32.4%	38.0%
Chicago					36.1%	36.7%
Rhode Island					24.8%	20.3%
Miami-Dade					47.0%	52.0%
Memphis			26.7%	31.9%
Birmingham AL			27.2%	28.4%
Houston			16.3%	19.6%