June 2013 Market Condition Report

There were a total of 3,474 Single Family, Condos and Townhouses closed in the month of May. (This # is down by 246 for closed transactions within the month of May). Resale 2071 – 59.6% Short Sales 1101 – 31.7% REO 302 – 8.7% Comparing May 2013 #’s/ Resale was 2141- 57.6% ~ Short Sales was 1210- 32.5% REO was 369-9.9% 1,908 Cash Purchases (This is down by 242 from May) 939 Conventional Financing (This is down by 1 from May) 416 FHA Financing (This is down by 21 from May) 147 VA Financing (This is up by 26 from May)