Short sales accounted for 15 percent of all U.S. residential sales in August

Short sales accounted for 15 percent of all U.S. residential sales in August, up from 14 percent in July and 8 percent in August 2012. States with the biggest percentage of short sales were Nevada (34 percent), Florida (29 percent), Ohio (23 percent), Maryland (21 percent), Tennessee (20 percent), and Michigan (20 percent).