Updated Table of Distressed Sales and Cash buyers for Selected Cities in June

Economist Tom Lawler sent me an updated table below of short sales, foreclosures and cash buyers for 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 earlier: The Baltimore Metro area is included in the overall......(read more)

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