8/8/2019 MRIS_MarketActivity_9132010

1/8

8/8/2019 MRIS_MarketActivity_9132010

2/8

8/8/2019 MRIS_MarketActivity_9132010

3/8

Pending SalesAs of September 13, 2010

Last Three Months Weekly Pending Sales

2,297 2,435 - 5.7%2,185 2,509 - 12.9%2,144 2,336 - 8.2%2,353 2,342 + 0.5%1,834 2,249 - 18.5%

2,213 2,474 - 10.5%2,270 2,396 - 5.3%2,208 2,469 - 10.6%2,429 2,273 + 6.9%2,281 2,249 + 1.4%2,311 2,313 - 0.1%2,118 2,336 - 9.3%2,273 2,508 - 9.4%

28,916 30,889 - 6.4%3-Month Total:

6/19/2010

9/4/20108/28/2010

7/10/2010

7/17/2010

6/26/20107/3/2010

7/24/20107/31/20108/7/2010

6/12/2010

8/14/20108/21/2010

For the weekending:

CurrentActivity

One Year Ago

One Year Change

1,750

2,000

2,250

2,500

2,750

3,000

Current Activity

One Year Ago

1,750

2,000

2,250

2,500

2,750

3,000

6/12/10 6/19/10 6/26/10 7/3/10 7/10/10 7/17/10 7/24/10 7/31/10 8/7/10 8/14/10 8/21/10 8/28/10 9/4/10

Current Activity

One Year Ago

0

1,000

2,000

3,000

4,000

5,000

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 4/2/09 7/31/09 11/28/09 3/28/10 7/26/10

Historical Pending Sales

Down (-)

Down (-)

Compared to Last Year:

Compared to 2003:

All data provided by RealEstate Business Intelligence, LLC | An MRIS companyReports are created and maintained by 10K Research and Marketing. Data current as of 9/13/2010. This report may be reproduced by MRIS members. 3

8/8/2019 MRIS_MarketActivity_9132010

4/8

Active Listings for SaleAs of September 13, 2010

Last Three Months Weekly Inventory for Sale

66,219 68,744 - 3.7%66,558 68,843 - 3.3%66,787 68,830 - 3.0%67,195 69,041 - 2.7%66,312 67,608 - 1.9%

66,673 67,603 - 1.4%66,601 67,612 - 1.5%66,636 67,468 - 1.2%65,816 66,611 - 1.2%65,628 66,613 - 1.5%65,255 66,610 - 2.0%64,780 66,503 - 2.6%64,110 65,642 - 2.3%62,786 65,434 - 4.0%

6/12/2010

Inventory as of:Current

InventoryOne Year

Ago

6/5/2010

7/31/20108/7/2010

7/3/2010

8/28/2010

8/14/2010

9/4/2010

7/10/2010

6/26/2010

One Year Change

7/24/2010

8/21/2010

6/19/2010

7/17/2010

62,000

63,500

65,000

66,500

68,000

69,500

71,000

Current Inventory

One Year Ago

65,780 67,263 - 2.2%3-Month Avg:62,000

63,500

65,000

66,500

68,000

69,500

71,000

6/5/10 6/12/10 6/19/10 6/26/10 7/3/10 7/10/10 7/17/10 7/24/10 7/31/10 8/7/10 8/14/10 8/21/10 8/28/10 9/4/10

Current Inventory

One Year Ago

20,000

30,000

40,000

50,000

60,000

70,000

80,000

90,000

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 4/9/09 8/7/09 12/5/09 4/4/10 8/2/10

Historical Weekly Inventory for Sale

Even

Down (-)

Compared to Last Year:

Compared to 2003:

All data provided by RealEstate Business Intelligence, LLC | An MRIS companyReports are created and maintained by 10K Research and Marketing. Data current as of 9/13/2010. This report may be reproduced by MRIS members. 4

8/8/2019 MRIS_MarketActivity_9132010

5/8

Days on Market Until Sale

91 112 - 18.8%90 115 - 21.8%84 111 - 24.2%85 112 - 23.9%86 124 - 30.9%

87 123 - 29.6%85 119 - 28.5%78 110 - 29.1%74 108 - 30.9%73 100 - 27.3%72 95 - 24.4%77 92 - 16.4%82 110 - 25.7%

1-2010

2-2010

12-Month Avg:8-2010

4-2010

5-2010

6-2010

7-2010

3-2010

10-2009

12-2009

11-2009

9-2009

Current Year

One Year Previous

One Year Change

Month109

92

77

8-2008 8-2009 8-2010

August 2010 77

- 16.4%- 15.3%

Down -Com ared to Last Year:

109

92

77

8-2008 8-2009 8-2010

0

20

40

60

80

100

120

140

1-2003 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010

August 2010 77

- 16.4%- 15.3%

Historical Days on Market Until Sale

Down (-)

Up (+)

Compared to Last Year:

Compared to 2003:

All data provided by RealEstate Business Intelligence, LLC | An MRIS companyReports are created and maintained by 10K Research and Marketing. Data current as of 9/13/2010. This report may be reproduced by MRIS members. 5

8/8/2019 MRIS_MarketActivity_9132010

6/8

Percent of Original List Price Received at Sale

94.1% 92.4% + 1.9%94.1% 91.9% + 2.5%94.4% 91.0% + 3.7%93.9% 90.9% + 3.3%93.6% 90.2% + 3.8%

93.9% 90.0% + 4.3%94.1% 90.4% + 4.1%94.6% 91.3% + 3.7%94.8% 92.2% + 2.9%94.7% 92.9% + 1.9%94.3% 93.4% + 0.9%93.5% 93.8% - 0.4%94.2% 91.7% + 2.7%

10-2009

12-2009

11-2009

9-2009

Current Year

One Year Previous

One Year Change

Month

1-2010

2-2010

12-Month Avg:8-2010

4-2010

5-2010

6-2010

7-2010

3-2010

92.4%93.8% 93.5%

80%

82%

84%

86%

88%

90%

92%

94%

96%

98%

100%

8-2008 8-2009 8-2010

August 2010 93.5%

- 0.4%+ 1.5%

Does not account for list prices from any previouslisting contracts or seller concessions.

Historical Percent of Original List Price Received at Sale

92.4%93.8% 93.5%

80%

82%

84%

86%

88%

90%

92%

94%

96%

98%

100%

8-2008 8-2009 8-2010

85%

90%

95%

100%

105%

1-2003 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010

August 2010 93.5%

- 0.4%+ 1.5%

Down (-)

Down (-)

Does not account for list prices from any previouslisting contracts or seller concessions.

Compared to Last Year:

Compared to 2003:

All data provided by RealEstate Business Intelligence, LLC | An MRIS companyReports are created and maintained by 10K Research and Marketing. Data current as of 9/13/2010. This report may be reproduced by MRIS members. 6

8/8/2019 MRIS_MarketActivity_9132010

7/8

Housing Affordability Index

141 132 + 7.0%144 128 + 12.8%147 143 + 3.1%144 146 - 1.4%152 152 + 0.2%

149 155 - 4.4%149 146 + 2.2%144 146 - 1.6%139 136 + 2.0%132 131 + 1.3%131 131 + 0.4%134 134 - 0.3%142 140 + 1.6%

10-2009

12-2009

11-2009

9-2009

Current Year

One Year Previous

One Year Change

Month

1-2010

2-2010

12-Month Avg:8-2010

4-2010

5-2010

6-2010

7-2010

3-2010

121

134 134

8-2008 8-2009 8-2010

August 2010 134

- 0.3%+ 12.9%

The Housin Affordabilit Index measureshousin affordabilit for the MRIS service

Historical Housing Affordability Index

121

134 134

8-2008 8-2009 8-2010

80

90

100

110

120

130

140

150

160

1-2003 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010

August 2010 134

- 0.3%+ 12.9%

Even

Up (+)

The Housing Affordability Index measures housing affordability for the MRIS serviceregion. The higher the number, the more affordable our housing is.

An HAI of 120 would mean that the median household income was 120% of thenecessary income to qualify for the median priced home under prevailing interest rates.

Compared to Last Year:

Compared to 2003:

All data provided by RealEstate Business Intelligence, LLC | An MRIS companyReports are created and maintained by 10K Research and Marketing. Data current as of 9/13/2010. This report may be reproduced by MRIS members. 7

8/8/2019 MRIS_MarketActivity_9132010

8/8

Months Supply of Inventory

7.3 10.2 - 28.0%7.2 9.8 - 26.8%6.8 9.5 - 28.5%6.5 9.1 - 28.5%6.0 8.3 - 27.1%6.1 8.2 - 25.4%6.1 8.2 - 24.9%6.5 8.1 - 20.6%6.5 8.1 - 19.8%6.8 8.0 - 14.1%6.9 7.7 - 10.1%7.0 7.6 - 7.5%6.7 8.6 - 22.3%

1-2010

2-2010

12-Month Avg:8-2010

4-2010

5-2010

6-2010

7-2010

3-2010

10-2009

12-2009

9-2009

Current Year

One Year Previous

One Year Change

11-2009

Month10.6

7.67.0

8-2008 8-2009 8-2010

August 2010 7.0 Months

- 7.5%- 28.4%

Historical Months Supply of Inventory

10.6

7.67.0

8-2008 8-2009 8-2010

0

2

4

6

8

10

12

1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010

August 2010 7.0 Months

- 7.5%- 28.4%

Down (-)

Up (+)

Compared to Last Year:

Compared to 2003:

All data provided by RealEstate Business Intelligence, LLC | An MRIS companyReports are created and maintained by 10K Research and Marketing. Data current as of 9/13/2010. This report may be reproduced by MRIS members. 8