Preliminary Table of Distressed Sales and Cash buyers for Selected Cities in September

Economist Tom Lawler sent me a preliminary table below of short sales, foreclosures and cash buyers for a few selected cities in September. On distressed: Total "distressed" share is down in most of these markets.  Distressed sales are up in the Baltimore due to 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.   Short Sales Share Foreclosure Sales Share Total "Distressed" Share All ......(read more)

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