According to a new report by CoreLogic, distressed home sales accounted for 9.4% of total home sales nationally in July 2015, down by 2.1% from July 2014 and down 0.4% from June 2015. At its peak in January 2009, distressed sales totalled 32.4% of all US sales. Florida had the largest share of distressed sales of any state at 20.7% in July 2015, followed by Maryland (20.6%), Michigan (20.2%) and Connecticut (19.1%).

Nevada had a 6.4% drop in its distressed sales share from a year earlier, the largest decline of any state. California had the largest improvement of any state from its peak distressed sales share, falling 58.6% from its January 2009 peak of 67.4%.

Orlando had the largest share of distressed sales at 23.8%, followed by Miami (22.3%) and Tampa/Clearwater (22.3%), all in the state of Florida.