01/24/2013Clarus MarketMetrics®Information not guaranteed. © 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

Easterly Lakes 2012 Sales, Denham Springs LA 70706

William CobbAccurate Valuations Group

Market Dynamics

Prepared For

1 of 21

Dec-120

Dec-110

%Change0

Dec-11 vs. Dec-12: The percent change calculation is N/AMedian Sold Price by Month

Accurate Valuations Group

Dec-11 vs. Dec-12

William Cobb

Clarus MarketMetrics® 1 of 2 01/24/2013Information not guaranteed. © 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

AllBathrooms:MLS: AllAllSq Ft:

Easterly LakesResidential: (Detached Single Family)Period: All All

Property Types:Subdivision:

AllConstruction Type:Price: Lot Size:Bedrooms:1 year (monthly)GBRAR

2 of 21

Median Sold Price by MonthDec-11 vs. Dec-12: The percent change calculation is N/A

Accurate Valuations GroupWilliam Cobb

Time Period Median Price # Units Average DOMDec-12 0Nov-12 0Oct-12 199,900 1 5Sep-12 218,750 2 68Aug-12 170,000 1 67Jul-12 259,900 1 43Jun-12 220,500 4 29May-12 302,000 2 16Apr-12 215,000 1 76Mar-12 275,000 1 12Feb-12 0Jan-12 187,000 1 59Dec-11 0

Clarus MarketMetrics® 2 of 2 01/24/2013Information not guaranteed. © 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

3 of 21

Dec-11 vs. Dec-12: The median price of for sale properties is down 13% and the percent change in the median price of sold

Accurate Valuations Group

Dec-11 vs. Dec-12

249,500 -13%

William Cobb

216,950Dec-12

Median For Sale vs. Median Sold

ChangeDec-11 %-32,550

Dec-11 Dec-12 %0

Dec-11 vs. Dec-12

0Change

0

Clarus MarketMetrics® 1 of 2 01/24/2013Information not guaranteed. © 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

AllBathrooms:MLS: AllAllSq Ft:

Easterly LakesResidential: (Detached Single Family)Period: All All

Property Types:Subdivision:

AllConstruction Type:Price: Lot Size:Bedrooms:1 year (monthly)GBRAR

4 of 21

Median For Sale vs. Median SoldDec-11 vs. Dec-12: The median price of for sale properties is down 13% and the percent change in the median price of sold

Accurate Valuations GroupWilliam Cobb

Time Period For SaleMedian SoldMedianFor Sale # Properties # PropertiesSold Price

Difference

Dec-12 4 0216,950Nov-12 4 0216,950Oct-12 6 1227,500 199,900 -27,600Sep-12 5 2225,000 218,750 -6,250Aug-12 6 1227,500 170,000 -57,500Jul-12 8 1225,500 259,900 34,400Jun-12 5 4217,900 220,500 2,600May-12 10 2221,950 302,000 80,050Apr-12 6 1255,450 215,000 -40,450Mar-12 5 1217,900 275,000 57,100Feb-12 6 0247,000Jan-12 6 1247,000 187,000 -60,000Dec-11 4 0249,500

Clarus MarketMetrics®Information not guaranteed. © 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

2 of 2 01/24/2013

5 of 21

Dec-120

Dec-110

%Change0

Dec-11 vs. Dec-12: The percent change calculation is N/ASold Properties by Month

Accurate Valuations Group

Dec-11 vs. Dec-12

William Cobb

Clarus MarketMetrics® 1 of 2 01/24/2013Information not guaranteed. © 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

AllBathrooms:MLS: AllAllSq Ft:

Easterly LakesResidential: (Detached Single Family)Period: All All

Property Types:Subdivision:

AllConstruction Type:Price: Lot Size:Bedrooms:1 year (monthly)GBRAR

6 of 21

Sold Properties by MonthDec-11 vs. Dec-12: The percent change calculation is N/A

Accurate Valuations GroupWilliam Cobb

Time Period # Properties Median Price Average DOMDec-12 0Nov-12 0Oct-12 199,9001 5Sep-12 218,7502 68Aug-12 170,0001 67Jul-12 259,9001 43Jun-12 220,5004 29May-12 302,0002 16Apr-12 215,0001 76Mar-12 275,0001 12Feb-12 0Jan-12 187,0001 59Dec-11 0

Clarus MarketMetrics® 2 of 2 01/24/2013Information not guaranteed. © 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

7 of 21

Dec-120

Dec-110

%Change0

Dec-11 vs. Dec-12: The percent change calculation is N/AUnder Contract Properties by Month

Accurate Valuations Group

Dec-11 vs. Dec-12

William Cobb

Clarus MarketMetrics® 1 of 2 01/24/2013Information not guaranteed. © 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

AllBathrooms:MLS: AllAllSq Ft:

Easterly LakesResidential: (Detached Single Family)Period: All All

Property Types:Subdivision:

AllConstruction Type:Price: Lot Size:Bedrooms:1 year (monthly)GBRAR

8 of 21

Under Contract Properties by MonthDec-11 vs. Dec-12: The percent change calculation is N/A

Accurate Valuations GroupWilliam Cobb

Time Period # Properties Median Price Average DOMDec-12 0Nov-12 0Oct-12 0Sep-12 199,4502 65Aug-12 249,9001 12Jul-12 200,4502 86Jun-12 0May-12 247,0004 18Apr-12 325,0001 1Mar-12 215,0003 64Feb-12 275,0001 12Jan-12 0Dec-11 0

Clarus MarketMetrics® 2 of 2 01/24/2013Information not guaranteed. © 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

9 of 21

Dec-120

Dec-111

%-100%

Change-1

Dec-11 vs. Dec-12: The number of New properties is down 100%New Properties by Month

Accurate Valuations Group

Dec-11 vs. Dec-12

William Cobb

Clarus MarketMetrics® 1 of 2 01/24/2013Information not guaranteed. © 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

AllBathrooms:MLS: AllAllSq Ft:

Easterly LakesResidential: (Detached Single Family)Period: All All

Property Types:Subdivision:

AllConstruction Type:Price: Lot Size:Bedrooms:1 year (monthly)GBRAR

10 of 21

New Properties by MonthDec-11 vs. Dec-12: The number of New properties is down 100%

Accurate Valuations GroupWilliam Cobb

Time Period # Properties Median PriceDec-12 0Nov-12 0Oct-12 208,9003Sep-12 199,9001Aug-12 249,9001Jul-12 230,0003Jun-12 0May-12 206,0005Apr-12 255,4504Mar-12 217,9001Feb-12 285,0001Jan-12 245,0002Dec-11 200,0001

Clarus MarketMetrics® 2 of 2 01/24/2013Information not guaranteed. © 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

11 of 21

Dec-124

Dec-114

%0%

Change0

Dec-11 vs. Dec-12: The number of For Sale properties has not changedFor Sale Properties by Month

Accurate Valuations Group

Dec-11 vs. Dec-12

William Cobb

Clarus MarketMetrics® 1 of 2 01/24/2013Information not guaranteed. © 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

AllBathrooms:MLS: AllAllSq Ft:

Easterly LakesResidential: (Detached Single Family)Period: All All

Property Types:Subdivision:

AllConstruction Type:Price: Lot Size:Bedrooms:1 year (monthly)GBRAR

12 of 21

For Sale Properties by MonthDec-11 vs. Dec-12: The number of For Sale properties has not changed

Accurate Valuations GroupWilliam Cobb

Time Period # Properties Median Price Average DOMDec-12 216,9504 93Nov-12 216,9504 62Oct-12 227,5006 53Sep-12 225,0005 67Aug-12 227,5006 63Jul-12 225,5008 93Jun-12 217,9005 123May-12 221,95010 54Apr-12 255,4506 60Mar-12 217,9005 87Feb-12 247,0006 99Jan-12 247,0006 95Dec-11 249,5004 108

Clarus MarketMetrics® 2 of 2 01/24/2013Information not guaranteed. © 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

13 of 21

Dec-120

Dec-110

%Change0

Dec-11 vs. Dec-12: The percent change calculation is N/AExpired Properties by Month

Accurate Valuations Group

Dec-11 vs. Dec-12

William Cobb

Clarus MarketMetrics® 1 of 2 01/24/2013Information not guaranteed. © 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

AllBathrooms:MLS: AllAllSq Ft:

Easterly LakesResidential: (Detached Single Family)Period: All All

Property Types:Subdivision:

AllConstruction Type:Price: Lot Size:Bedrooms:1 year (monthly)GBRAR

14 of 21

Expired Properties by MonthDec-11 vs. Dec-12: The percent change calculation is N/A

Accurate Valuations GroupWilliam Cobb

Time Period Median Price# Properties Average DOMDec-12 0Nov-12 0Oct-12 274,9502 96Sep-12 0Aug-12 217,9001 145Jul-12 299,9001 351Jun-12 0May-12 214,9001 52Apr-12 0Mar-12 0Feb-12 219,0001 216Jan-12 280,0001 93Dec-11 0

Clarus MarketMetrics® 2 of 2 01/24/2013Information not guaranteed. © 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

15 of 21

Dec-11 vs. Dec-12: The number of for sale properties has not changed and the percent change in the number of sold

Accurate Valuations Group

Dec-11 vs. Dec-12

4 0%

William Cobb

4Dec-12

Supply & Demand by Month

ChangeDec-11 %0

Dec-11 Dec-12 %0

Dec-11 vs. Dec-12

0Change

0

Clarus MarketMetrics® 1 of 2 01/24/2013Information not guaranteed. © 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

AllBathrooms:MLS: AllAllSq Ft:

Easterly LakesResidential: (Detached Single Family)Period: All All

Property Types:Subdivision:

AllConstruction Type:Price: Lot Size:Bedrooms:1 year (monthly)GBRAR

16 of 21

Supply & Demand by MonthDec-11 vs. Dec-12: The number of for sale properties has not changed and the percent change in the number of sold

William Cobb Accurate Valuations Group

Time Period For SaleFor Sale SoldSold# Properties Average DOM Average DOM# Properties

Dec-12 934 0Nov-12 624 0Oct-12 53 56 1Sep-12 67 685 2Aug-12 63 676 1Jul-12 93 438 1Jun-12 123 295 4May-12 54 1610 2Apr-12 60 766 1Mar-12 87 125 1Feb-12 996 0Jan-12 95 596 1Dec-11 1084 0

Clarus MarketMetrics® 2 of 2 01/24/2013Information not guaranteed. © 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

17 of 21

Dec-120

Dec-110

%Change0

Dec-11 vs. Dec-12: The percent change calculation is N/AThe Average Days on Market by Month

Accurate Valuations Group

Dec-11 vs. Dec-12

William Cobb

Clarus MarketMetrics® 1 of 2 01/24/2013Information not guaranteed. © 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

AllBathrooms:MLS: AllAllSq Ft:

Easterly LakesResidential: (Detached Single Family)Period: All All

Property Types:Subdivision:

AllConstruction Type:Price: Lot Size:Bedrooms:1 year (monthly)GBRAR

18 of 21

The Average Days on Market by MonthDec-11 vs. Dec-12: The percent change calculation is N/A

Accurate Valuations GroupWilliam Cobb

Time Period # UC UnitsAverage DOMDec-12 0Nov-12 0Oct-12 0Sep-12 265Aug-12 112Jul-12 286Jun-12 0May-12 418Apr-12 11Mar-12 364Feb-12 112Jan-12 0Dec-11 0

Clarus MarketMetrics® 2 of 2 01/24/2013Information not guaranteed. © 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

19 of 21

Dec-11 vs. Dec-12: The percent change calculation is N/A

Accurate Valuations Group

Dec-11 vs. Dec-12

0.0

William Cobb

0.0Dec-12

Months Supply of Inventory

ChangeDec-11 %0.0

Clarus MarketMetrics® 1 of 2 01/24/2013Information not guaranteed. © 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

AllBathrooms:MLS: AllAllSq Ft:

Easterly LakesResidential: (Detached Single Family)Period: All All

Property Types:Subdivision:

AllConstruction Type:Price: Lot Size:Bedrooms:1 year (monthly)GBRAR

20 of 21

Months Supply of InventoryDec-11 vs. Dec-12: The percent change calculation is N/A

William Cobb Accurate Valuations Group

Time Period During MonthLast Day of Month DOMMSI# Units For Sale # UC Units UC Average

Dec-12 04Nov-12 04Oct-12 04Sep-12 2 653 1.5Aug-12 1 124 4.0Jul-12 2 865 2.5Jun-12 05May-12 4 185 1.2Apr-12 1 15 5.0Mar-12 3 642 0.7Feb-12 1 124 4.0Jan-12 05Dec-11 04

Clarus MarketMetrics® 2 of 2 01/24/2013Information not guaranteed. © 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

21 of 21