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RE/MAX Homes & Investments
                                                                                           Market Dynamics
                                                                                    Months Supply of Inventory (MSI)
                                                                                  2 Years (Monthly) 12/01/06 - 12/31/08




                                                                                                 KEY INFORMATION

                            Dec-06               Dec-08                  Change       Percent Change
MSI                          10.4                 9.6                     -0.7                -7.1




MLS: ARMLS        Period:    2 Years (Monthly)            Price:   All                      Construction Type:    All             Bedrooms:    All             Bathrooms:   All     Lot Size: All
Property Types:   Residential: (Single Family-Detached, Patio Home, Townhouse, Apartment, Twin/Semi-Detached, Manufactured/Mobile Housing, Modular / Manufactured, Loft,...         Sq Ft:    All
All MLS:          Arizona Regional MLS




BrokerMetrics®                                                                                           1 of 2                                                                                     01/08/09
                                             Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
RE/MAX Homes & Investments
                                                                                Market Dynamics
                                                                      Months Supply of Inventory (MSI)
                                                                    2 Years (Monthly) 12/01/06 - 12/31/08


Time             Months Supply                         # Properties For Sale                # Properties               Under Contract
Period             of Inventory   NAR MSI                 Last Day of Month               Under Contract                Average DOM              # Properties Sold
Dec-08                      9.6                                        55,630                          5,773                          79                       5,649
                                        9.8
Nov-08                    14.1                                         57,716                          4,085                          70                       4,427
                                      13.0
Oct-08                    11.5                                         56,629                          4,926                          66                       5,415
                                      10.5
Sep-08                    10.4                                         54,772                          5,250                          72                       6,132
                                        8.9
Aug-08                    10.1                                         53,908                          5,332                          75                       5,612
                                        9.6
Jul-08                      7.2                                        53,586                          7,490                          85                       5,892
                                        9.1
Jun-08                      8.9                                        55,946                          6,296                          94                       5,700
                                        9.8
May-08                      9.8                                        57,605                          5,854                          97                       5,599
                                      10.3
Apr-08                    10.5                                         59,078                          5,636                          98                       4,813
                                      12.3
Mar-08                    12.7                                         59,739                          4,714                        101                        4,258
                                      14.0
Feb-08                    14.8                                         59,508                          4,020                        100                        3,413
                                      17.4
Jan-08                    16.2                                         58,792                          3,621                        109                        2,867
                                      20.5
Dec-07                    19.6                                         55,881                          2,846                        109                        3,339
                                      16.7
Nov-07                    18.7                                         60,576                          3,233                          99                       3,315
                                      18.3
Oct-07                    17.6                                         61,208                          3,480                          96                       3,422
                                      17.9
Sep-07                    19.1                                         60,797                          3,185                          95                       3,377
                                      18.0
Aug-07                    16.2                                         60,585                          3,735                          96                       4,308
                                      14.1
Jul-07                    13.9                                         59,072                          4,239                          96                       4,685
                                      12.6
Jun-07                    12.2                                         58,263                          4,765                          92                       5,402
                                      10.8
May-07                    10.6                                         57,788                          5,452                          90                       5,772
                                      10.0
Apr-07                    10.3                                         56,729                          5,527                          88                       5,475
                                      10.4
Mar-07                      9.3                                        54,681                          5,882                          90                       5,906
                                        9.3
Feb-07                      9.7                                        51,270                          5,302                          92                       4,884
                                      10.5
Jan-07                      9.2                                        49,486                          5,395                          97                       4,352
                                      11.4
Dec-06                    10.4                                         45,554                          4,391                          92                       5,325
                                        8.6




                                                                                              2 of 2
BrokerMetrics®                                                                                                                                                                       01/08/09
                                  Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

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1 1 09 Months Supply Of Inventory

  • 1. RE/MAX Homes & Investments Market Dynamics Months Supply of Inventory (MSI) 2 Years (Monthly) 12/01/06 - 12/31/08 KEY INFORMATION Dec-06 Dec-08 Change Percent Change MSI 10.4 9.6 -0.7 -7.1 MLS: ARMLS Period: 2 Years (Monthly) Price: All Construction Type: All Bedrooms: All Bathrooms: All Lot Size: All Property Types: Residential: (Single Family-Detached, Patio Home, Townhouse, Apartment, Twin/Semi-Detached, Manufactured/Mobile Housing, Modular / Manufactured, Loft,... Sq Ft: All All MLS: Arizona Regional MLS BrokerMetrics® 1 of 2 01/08/09 Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
  • 2. RE/MAX Homes & Investments Market Dynamics Months Supply of Inventory (MSI) 2 Years (Monthly) 12/01/06 - 12/31/08 Time Months Supply # Properties For Sale # Properties Under Contract Period of Inventory NAR MSI Last Day of Month Under Contract Average DOM # Properties Sold Dec-08 9.6 55,630 5,773 79 5,649 9.8 Nov-08 14.1 57,716 4,085 70 4,427 13.0 Oct-08 11.5 56,629 4,926 66 5,415 10.5 Sep-08 10.4 54,772 5,250 72 6,132 8.9 Aug-08 10.1 53,908 5,332 75 5,612 9.6 Jul-08 7.2 53,586 7,490 85 5,892 9.1 Jun-08 8.9 55,946 6,296 94 5,700 9.8 May-08 9.8 57,605 5,854 97 5,599 10.3 Apr-08 10.5 59,078 5,636 98 4,813 12.3 Mar-08 12.7 59,739 4,714 101 4,258 14.0 Feb-08 14.8 59,508 4,020 100 3,413 17.4 Jan-08 16.2 58,792 3,621 109 2,867 20.5 Dec-07 19.6 55,881 2,846 109 3,339 16.7 Nov-07 18.7 60,576 3,233 99 3,315 18.3 Oct-07 17.6 61,208 3,480 96 3,422 17.9 Sep-07 19.1 60,797 3,185 95 3,377 18.0 Aug-07 16.2 60,585 3,735 96 4,308 14.1 Jul-07 13.9 59,072 4,239 96 4,685 12.6 Jun-07 12.2 58,263 4,765 92 5,402 10.8 May-07 10.6 57,788 5,452 90 5,772 10.0 Apr-07 10.3 56,729 5,527 88 5,475 10.4 Mar-07 9.3 54,681 5,882 90 5,906 9.3 Feb-07 9.7 51,270 5,302 92 4,884 10.5 Jan-07 9.2 49,486 5,395 97 4,352 11.4 Dec-06 10.4 45,554 4,391 92 5,325 8.6 2 of 2 BrokerMetrics® 01/08/09 Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).