by Calculated Risk on 7/11/2014 08:42:00 PM

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

Comments from CR: Tom Lawler has been sending me this table every month for several years. I think it is very useful for looking at the trend for distressed sales and cash buyers in these areas. I sincerely appreciate Tom sharing this data with us.

On distressed: Total "distressed" share is down in all of these markets, mostly because of a sharp decline in short sales.

Short sales are down in all of these areas.

Foreclosures are down in most of these areas too, although foreclosures are up a little in Nevada and Mid-Atlantic.

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

	Short Sales Share		Foreclosure Sales Share		Total "Distressed" Share		All Cash Share
	June-14	June-13	June-14	June-13	June-14	June-13	June-14	June-13
Las Vegas	10.8%	31.0%	10.1%	9.0%	20.9%	40.0%	34.7%	55.3%
Reno**	10.0%	24.0%	7.0%	6.0%	17.0%	30.0%
Phoenix	3.8%	12.7%	6.2%	8.7%	10.0%	21.5%	25.6%	37.5%
Sacramento	7.0%	19.7%	6.5%	7.3%	13.5%	27.0%	19.8%	29.9%
Mid-Atlantic	4.8%	7.6%	7.5%	6.3%	12.2%	13.9%	16.5%	15.9%
Hampton Roads					20.1%	22.8%
Northeast Florida					32.3%	37.3%
Toledo							28.4%	31.5%
Des Moines							14.9%	17.5%
Tucson							26.1%	28.1%
Omaha							16.3%	14.9%
Georgia***							24.6%	N/A
Houston			4.4%	8.4%
Memphis*			13.0%	18.9%
Birmingham AL			14.0%	19.4%
Springfield IL**			8.5%	11.8%
*share of existing home sales, based on property records **Single Family Only ***GAMLS