Bugs,
The missing part of the equation is what happened last year in these ZIP’s. I ran a few of them and found a 20 to 30% bump from May to June. As for the June 2006 numbers, it is way too early to run these numbers. In another week or two alot of the closing that happened at the end of June but weren’t reported should be in and the June numbers will improve. Unfortunately, I expect it will still show a decline. From what I am seeing, July will be worse not better.