Market Activity 06-29 Abridged

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New Listings As of June 29, 2009 Last Three Months Weekly New Listings 6,000

Current Activity One Year Ago

5,500

5,000

4,500

4,000

For the week ending:

Current Activity

One Year Ago

One Year Change

3/28/2009 4/4/2009 4/11/2009 4/18/2009 4/25/2009 5/2/2009 5/9/2009 5/16/2009 5/23/2009 5/30/2009 6/6/2009 6/13/2009 6/20/2009 3-Month Total:

4,157 4,736 3,728 4,295 4,231 4,412 4,262 4,304 4,129 3,668 4,268 4,227 3,871 54,288

5,147 5,897 5,696 5,492 5,154 5,659 5,282 5,151 4,778 4,131 5,130 4,735 4,658 66,910

- 19.2% - 19.7% - 34.6% - 21.8% - 17.9% - 22.0% - 19.3% - 16.4% - 13.6% - 11.2% - 16.8% - 10.7% - 16.9% - 18.9%

3,500 3/28/09

4/4/09

4/11/09

4/18/09

4/25/09

5/2/09

5/9/09

5/16/09

5/23/09

5/30/09

6/6/09

6/13/09

6/20/09

Compared to Last Year: Down (-) Compared to 2003:

Historical New Listings

Down (-)

9,000

8,000

7,000

6,000

5,000

4,000

3,000

2,000

1,000

0 1/4/03

5/4/03

9/1/03

12/30/03

4/28/04

8/26/04

12/24/04

4/23/05

8/21/05

12/19/05

4/18/06

8/16/06

12/14/06

4/13/07

8/11/07

12/9/07

4/7/08

8/5/08

12/3/08

All data provided by MRIS, Inc. Reports are created and maintained by 10K Research and Marketing. Data current as of 6/29/2009. This report may be reproduced by MRIS members.

4/2/09

2

Pending Sales As of June 29, 2009 Last Three Months Weekly Pending Sales 3,500

Current Activity 3,200

One Year Ago

2,900

2,600

2,300

2,000

For the week ending:

Current Activity

One Year Ago

One Year Change

3/28/2009 4/4/2009 4/11/2009 4/18/2009 4/25/2009 5/2/2009 5/9/2009 5/16/2009 5/23/2009 5/30/2009 6/6/2009 6/13/2009 6/20/2009 3-Month Total:

2,473 2,823 2,706 2,565 2,899 2,904 3,044 2,891 2,937 2,567 3,185 2,964 2,972 36,930

1,912 2,393 2,235 2,372 2,375 2,557 2,372 2,175 2,346 1,934 2,369 2,242 2,159 29,441

+ 29.3% + 18.0% + 21.1% + 8.1% + 22.1% + 13.6% + 28.3% + 32.9% + 25.2% + 32.7% + 34.4% + 32.2% + 37.7% + 25.4%

1,700 3/28/09

4/4/09

4/11/09

4/18/09

4/25/09

5/2/09

5/9/09

5/16/09

5/23/09

5/30/09

6/6/09

6/13/09

6/20/09

Compared to Last Year: Up (+) Compared to 2003:

Historical Pending Sales

Down (-)

5,000 4,500 4,000 3,500 3,000 2,500 2,000 1,500 1,000 500 0 1/4/03

5/4/03

9/1/03

12/30/03

4/28/04

8/26/04

12/24/04

4/23/05

8/21/05

12/19/05

4/18/06

8/16/06

12/14/06

4/13/07

8/11/07

12/9/07

4/7/08

8/5/08

12/3/08

All data provided by MRIS, Inc. Reports are created and maintained by 10K Research and Marketing. Data current as of 6/29/2009. This report may be reproduced by MRIS members.

4/2/09

3

Active Listings for Sale As of June 29, 2009 Last Three Months Weekly Inventory for Sale 92,000

Current Inventory

Inventory as of:

Current Inventory

One Year Ago

One Year Change

3/21/2009 3/28/2009 4/4/2009 4/11/2009 4/18/2009 4/25/2009 5/2/2009 5/9/2009 5/16/2009 5/23/2009 5/30/2009 6/6/2009 6/13/2009 6/20/2009 3-Month Avg:

68,214 68,324 68,293 67,406 66,993 67,044 66,927 66,001 65,507 65,290 64,926 63,491 62,884 62,148 65,787

82,843 83,403 83,367 84,629 85,923 86,377 87,019 86,800 87,381 87,999 88,162 87,357 87,789 87,795 86,462

- 17.7% - 18.1% - 18.1% - 20.4% - 22.0% - 22.4% - 23.1% - 24.0% - 25.0% - 25.8% - 26.4% - 27.3% - 28.4% - 29.2% - 23.9%

One Year Ago

87,000

82,000

77,000

72,000

67,000

62,000

57,000 3/21/09

3/28/09

4/4/09

4/11/09

4/18/09

4/25/09

5/2/09

5/9/09

5/16/09

5/23/09

5/30/09

6/6/09

6/13/09

6/20/09

Compared to Last Year: Down (-) Historical Weekly Inventory for Sale

Compared to 2003:

Up (+)

90,000

80,000

70,000

60,000

50,000

40,000

30,000

20,000 1/11/03

5/11/03

9/8/03

1/6/04

5/5/04

9/2/04

12/31/04

4/30/05

8/28/05

12/26/05

4/25/06

8/23/06

12/21/06

4/20/07

8/18/07

12/16/07

4/14/08

8/12/08

12/10/08

All data provided by MRIS, Inc. Reports are created and maintained by 10K Research and Marketing. Data current as of 6/29/2009. This report may be reproduced by MRIS members.

4/9/09

4

Days on Market Until Sale May 2009 — 108 112

Current Year

One Year Previous

One Year Change

108

87

+ 29.6%

5-2007

Month

- 3.9%

5-2008

5-2009

Historical Days on Market Until Sale

6-2008

106

81

+ 31.4%

7-2008

107

80

+ 33.0%

8-2008

109

86

+ 26.1%

9-2008

112

96

+ 17.0%

10-2008

114

101

+ 13.7%

11-2008

111

104

+ 6.9%

12-2008

112

111

+ 0.6%

1-2009

125

121

+ 3.4%

2-2009

124

126

- 1.4%

3-2009

120

121

- 0.6%

4-2009

111

121

- 8.2%

5-2009 12-Month Avg:

108 113

112 105

- 3.9% + 7.9%

Compared to Last Year:

Down (-)

Compared to 2003:

Up (+)

140

120

100

80

60

40

20

0

1-2003

1-2004

1-2005

1-2006

1-2007

1-2008

1-2009

All data provided by MRIS, Inc. Reports are created and maintained by 10K Research and Marketing. Data current as of 6/29/2009. This report may be reproduced by MRIS members.

5

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