Stan Urban at Land Title sent this real estate update for May 2013:
May real estate volume was up +25.16% over last May. On the YTD Gross Volume is up +21.97%. On the Transaction side, May was up +31.65% over last May, and is currently up +18.36% on the YTD.
Bank sales declined slightly to 10 this month (from 12 in April).
Lender activity was solid with 194 loans out this month!
Snapshot values continue to stabilize nicely:
Single Family +15%
Vacant Land +9%