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



On distressed: The total "distressed" share is down year-over-year in all of these markets.



Short sales and foreclosures are mostly down in 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 Dec-

2016 Dec-

2015 Dec-

2016 Dec-

2015 Dec-

2016 Dec-

2015 Dec-

2016 Dec-

2015 Las Vegas 4.8% 6.8% 6.2% 5.9% 11.0% 12.7% 28.7% 28.4% Reno** 1.0% 4.0% 3.0% 2.0% 4.0% 6.0% Phoenix 1.7% 3.7% 2.1% 2.9% 3.8% 6.6% 23.1% 23.9% Sacramento 2.3% 4.0% 2.6% 4.0% 4.9% 8.0% 15.3% 16.2% Minneapolis 1.6% 2.6% 5.5% 9.0% 7.1% 11.6% 12.8% 13.3% Mid-Atlantic 3.4% 4.2% 9.3% 12.5% 12.7% 16.7% 16.5% 18.7% So. California* 4.8% 7.0% 21.1% 21.0% Florida SF 2.0% 3.3% 7.4% 14.4% 9.3% 17.7% 28.3% 33.7% Florida C/TH 1.2% 2.1% 5.7% 12.1% 6.9% 14.1% 55.8% 60.5% Miami-Dade Co SF 3.7% 6.7% 11.2% 28.7% 14.9% 35.3% 27.1% 34.5% Miami-Dade Co CTH 2.3% 2.9% 10.8% 17.0% 13.1% 19.9% 57.6% 64.5% Northeast Florida 13.1% 24.0% Chicago (city) 14.6% 17.9% Spokane 8.4% 14.4% Chicago (city) 14.6% 17.9% Rhode Island 9.5% 11.0% Toledo 25.6% 33.4% Tucson 23.7% 28.0% Knoxville 21.6% 25.4% Peoria 28.3% 24.0% Georgia*** 20.7% 22.7% Omaha 15.7% 19.0% Richmond VA 8.5% 11.4% 15.4% 19.8% Memphis 10.3% 15.6% *share of existing home sales, based on property records

**Single Family Only

***GAMLS