MAY 2012 MARKET STATISTICS

The local real estate market continues to show improvement throughout the month of May 2012. Inventories are down, prices are up and houses are selling. Rates continue to be at historic lows. The links below are provided that you might examine the compiled statistics for yourself. If you have any questions about what you see, be sure to let me know and if you have any comments or observations, feel free to share them here. http://www.longandfoster.com/Market-Minute/VA/Hampton-City.pdf http://www.longandfoster.com/Market-Minute/VA/James-City-County.pdf