Preliminary Table of Distressed Sales and All Cash Sales for Selected Cities in October

Economist Tom Lawler sent me a preliminary table below of short sales, foreclosures and all cash sales for a few selected cities in October. On distressed: Total "distressed" share is down in most of these markets.  Distressed sales are up in the Mid-Atlantic due to an increase in foreclosures. Short sales are down in all of these areas. 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......(read more)

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