Market Recovery?????

We believe that we are experiencing the beginning of a recovery in the residential real estate market. In the first five months of 2012, on a company-wide basis, our volume of completed home sales increased 12% compared to the first five months of 2011. According to NAR, in April 2012 existing home sale transaction volume increased approximately 17% as compared to April 2011. Furthermore, the most recent NAR forecast estimates that the volume of existing home sales will increase 12% for the year 2012 compared to 2011 and increase a further 10% in 2013.