On distressed: Total "distressed" share is down in most of these markets mostly due to a decline in short sales (Mid-Atlantic is up year-over-year because of an increase in foreclosures in Baltimore).
Short sales are down in these areas.
The All Cash Share (last two columns) is declining year-over-year. As investors pull back, the share of all cash buyers has been declining.
| Short Sales Share | Foreclosure Sales Share | Total "Distressed" Share | All Cash Share | |||||
|---|---|---|---|---|---|---|---|---|
| Apr-15 | Apr-14 | Apr-15 | Apr-14 | Apr-15 | Apr-14 | Apr-15 | Apr-14 | |
| Las Vegas | 7.2% | 12.4% | 8.3% | 11.4% | 15.5% | 23.8% | 30.4% | 41.4% |
| Reno** | 6.0% | 15.0% | 5.0% | 6.0% | 11.0% | 21.0% | ||
| Phoenix | 2.5% | 4.0% | 3.8% | 6.5% | 6.3% | 10.5% | 25.3% | 32.2% |
| Sacramento | 5.6% | 9.5% | 6.6% | 7.5% | 12.2% | 17.0% | 18.4% | 21.9% |
| Minneapolis | 2.9% | 5.1% | 9.2% | 16.0% | 12.0% | 21.1% | ||
| Mid-Atlantic | 4.5% | 5.9% | 12.9% | 10.0% | 17.3% | 15.9% | 17.2% | 19.5% |
| Orlando | 4.8% | 9.1% | 24.7% | 23.7% | 29.5% | 32.8% | 37.4% | 42.4% |
| Florida SF | 4.0% | 6.9% | 19.1% | 21.1% | 23.1% | 28.0% | 37.2% | 43.4% |
| Florida C/TH | 2.0% | 4.5% | 14.6% | 15.6% | 16.6% | 20.1% | 65.4% | 70.9% |
| Miami MSA SF | 6.2% | 10.5% | 18.4% | 16.5% | 24.7% | 27.0% | 37.8% | 44.4% |
| Miami MSA C/TH | 2.3% | 5.5% | 18.2% | 17.5% | 20.6% | 23.0% | 68.9% | 73.4% |
| Tampa MSA SF | 4.5% | 7.0% | 20.3% | 23.2% | 24.8% | 30.1% | 34.5% | 41.6% |
| Tampa MSA C/TH | 2.9% | 4.6% | 15.5% | 18.8% | 18.4% | 23.3% | 60.8% | 66.7% |
| So. California* | 4.4% | 5.0% | 4.5% | 5.2% | 8.9% | 10.2% | ||
| Chicago (city) | 20.3% | 27.3% | ||||||
| Hampton Roads | 22.2% | 24.4% | ||||||
| Northeast Florida | 28.9% | 38.0% | ||||||
| Hampton Roads | 22.2% | 24.4% | ||||||
| Tucson | 27.1% | 30.5% | ||||||
| Toledo | 30.2% | 33.4% | ||||||
| Wichita | 19.8% | 25.1% | ||||||
| Des Moines | 13.8% | 17.1% | ||||||
| Peoria | 17.3% | 21.2% | ||||||
| Georgia*** | 21.6% | 34.3% | ||||||
| Omaha | 16.4% | 22.3% | ||||||
| Pensacola | 32.3% | 35.6% | ||||||
| Knoxville | 23.1% | 25.3% | ||||||
| Richmond VA MSA | 11.5% | 15.4% | 18.2% | 22.5% | ||||
| Memphis | 16.1% | 17.3% | ||||||
| Springfield IL** | 10.3% | 13.2% | 17.9% | N/A | ||||
| *share of existing home sales, based on property records **Single Family Only ***GAMLS | ||||||||
No comments:
Post a Comment