by Calculated Risk on 1/14/2014 05:10:00 PM

Economist Tom Lawler sent me the updated table below of short sales, foreclosures and cash buyers for several selected cities in December.

From CR: This is just a few markets - still more to come - but total "distressed" share is down in all of these markets, and down significantly in most. This is mostly because of a decline in short sales.

And foreclosures are down in all of these areas too (except Springfield, Ill).

The All Cash Share (last two columns) is mostly declining year-over-year.  It appears investors are pulling back in markets like Las Vegas and SoCal - probably because of fewer distressed sales and higher prices.

	Short Sales Share		Foreclosure Sales Share		Total "Distressed" Share		All Cash Share
	Dec-13	Dec-12	Dec-13	Dec-12	Dec-13	Dec-12	Dec-13	Dec-12
Las Vegas	20.7%	45.8%	8.5%	9.5%	29.2%	55.3%	44.4%	55.2%
Reno	24.0%	47.0%	4.0%	10.0%	28.0%	57.0%
Phoenix	9.5%	27.2%	7.5%	12.2%	17.1%	39.4%
Minneapolis	5.4%	12.4%	17.3%	26.7%	22.7%	39.1%
Mid-Atlantic	8.0%	13.0%	9.3%	9.7%	17.3%	22.7%	19.3%	20.3%
So. California*	13.2%	26.7%	5.8%	14.2%	19.0%	40.9%	27.7%	35.8%
Hampton Roads					29.1%	31.7%
Northeast Florida					36.2%	42.7%
Toledo							36.5%	41.6%
Tucson							32.3%	33.1%
Des Moines							23.1%	21.6%
Omaha							23.9%	20.6%
Memphis*			21.0%	25.6%
Springfield IL**			17.7%	14.2%
*share of existing home sales, based on property records
**Single Family Only