The document contains charts and graphs showing housing market trends from 2003-2011. It shows that over this period: - Average and median home sales prices fluctuated but generally trended upward, with the average price rising 6.7% and median up 2.8% from 2010 to 2011 YTD. - Home sales, inventory levels, and new listings all increased from 2010 to 2011 YTD, with units sold up 12.4% and inventory up 11.3%. - Foreclosures as a percentage of total sales declined slightly from 2010 to 2011 YTD, down 5.7%.

1. 12/120
Sep-10
Jun-10
Mar-10
Dec-09
Sep-09
Jun-09
Mar-09
Dec-08
Sep-08
Jun-08
Average Sales Price
Mar-08
Dec-07
Sep-07
Jun-07
Mar-07
Dec-06
Sep-06
Jun-06
Mar-06
Dec-05
Sep-05
Jun-05
Mar-05
Dec-04
Sep-04
Jun-04
Mar-04
Dec-03
Sep-03
Jun-03
Mar-03
$290,000.00
$270,000.00
$250,000.00
$230,000.00
$210,000.00
$190,000.00
$170,000.00
$150,000.00

2. Dec-10
Sep-10
Jun-10
Mar-10
Dec-09
Sep-09
Jun-09
Mar-09
Previous 12 Month Average
Dec-08
Sep-08
Jun-08
Mar-08
Dec-07
Sep-07
Sales Price
Jun-07
Mar-07
Dec-06
Sep-06
Jun-06
Mar-06
Dec-05
Sep-05
Jun-05
Mar-05
Dec-04
Sep-04
Jun-04
Mar-04
Dec-03
Sep-03
Jun-03
Mar-03
$270,000.00
$250,000.00
$230,000.00
$210,000.00
$190,000.00
$170,000.00
$150,000.00

3. Dec-10
Sep-10
Jun-10
Mar-10
Dec-09
9/12009
Jun-09
Mar-09
Dec-08
Sep-08
Jun-08
Median Sales Price
Mar-08
Dec-07
Sep-07
Jun-07
Mar-07
Dec-06
Sep-06
Jun-06
Mar-06
Dec-05
Sep-05
Jun-05
Mar-05
Dec-04
Sep-04
Jun-04
Mar-04
Dec-03
Sep-03
Jun-03
Mar-03
$230,000.00
$220,000.00
$210,000.00
$200,000.00
$190,000.00
$180,000.00
$170,000.00
$160,000.00
$150,000.00

4. Dec-10
Sep-10
Jun-10
Mar-10
Dec-09
Sep-09
Jun-09
Mar-09
Previous 12 Month Median
Dec-08
Sep-08
Jun-08
Mar-08
Dec-07
Sep-07
Sales Price
Jun-07
Mar-07
Dec-06
Sep-06
Jun-06
Mar-06
Dec-05
Sep-05
Jun-05
Mar-05
Dec-04
Sep-04
Jun-04
Mar-04
Dec-03
Sep-03
Jun-03
Mar-03
$220,000.00
$210,000.00
$200,000.00
$190,000.00
$180,000.00
$170,000.00
$160,000.00
$150,000.00

5. Dec-10
Sep-10
Jun-10
Mar-10
Dec-09
Sep-09
Jun-09
Number of Sales Per Month
Mar-09
Dec-08
Sep-08
Jun-08
Mar-08
Dec-07
Sep-07
Jun-07
Mar-07
Dec-06
Sep-06
Jun-06
Mar-06
Dec-05
Sep-05
Jun-05
Mar-05
Dec-04
Sep-04
Jun-04
Mar-04
Dec-03
Sep-03
Jun-03
Mar-03
1,400.0
1,200.0
1,000.0
800.0
600.0
400.0
200.0
0.0

6. Dec-10
Sep-10
Jun-10
Mar-10
Dec-09
Sep-09
Jun-09
Previous 12 Month Average
Mar-09
Dec-08
Sep-08
Jun-08
Number of Sales
Mar-08
Dec-07
Sep-07
Jun-07
Mar-07
Dec-06
Sep-06
Jun-06
Mar-06
Dec-05
Sep-05
Jun-05
Mar-05
Dec-04
Sep-04
Jun-04
Mar-04
Dec-03
Sep-03
Jun-03
Mar-03
1,200
1,000
800
600
400
200
0

7. Dec-10
Sep-10
Jun-10
Mar-10
Dec-09
Sep-09
Jun-09
Mar-09
Dec-08
Sep-08
Jun-08
Mar-08
Active Listings
Dec-07
Sep-07
Jun-07
Mar-07
Dec-06
Sep-06
Jun-06
Mar-06
Dec-05
Sep-05
Jun-05
Mar-05
Dec-04
Sep-04
Jun-04
Mar-04
Dec-03
Sep-03
Jun-03
Mar-03
8,000.0
7,000.0
6,000.0
5,000.0
4,000.0
3,000.0
2,000.0
1,000.0
0.0

8. Dec-10
Sep-10
Jun-10
Mar-10
Dec-09
Sep-09
Jun-09
Previous 12 Months Average
Mar-09
Dec-08
Sep-08
Jun-08
Mar-08
Active Listings
Dec-07
Sep-07
Jun-07
Mar-07
Dec-06
Sep-06
Jun-06
Mar-06
Dec-05
Sep-05
Jun-05
Mar-05
Dec-04
Sep-04
Jun-04
Mar-04
Dec-03
Sep-03
Jun-03
Mar-03
7,000.0
6,000.0
5,000.0
4,000.0
3,000.0
2,000.0
1,000.0
0.0

9. Dec-10
Sep-10
Jun-10
Mar-10
Dec-09
Sep-09
Jun-09
Sales as a % of Active Listing
Previous 12 Month Average
Mar-09
Dec-08
Sep-08
Jun-08
Mar-08
Dec-07
Sep-07
Jun-07
Mar-07
Dec-06
Sep-06
Jun-06
Mar-06
Dec-05
Sep-05
Jun-05
Mar-05
Dec-04
Sep-04
Jun-04
Mar-04
Dec-03
Sep-03
Jun-03
Mar-03
30.0%
25.0%
20.0%
15.0%
10.0%
5.0%
0.0%

10. Feb-11
Dec-10
Oct-10
Aug-10
Jun-10
Inventory in Number of Months
Apr-10
Feb-10
Dec-09
Oct-09
Aug-09
Jun-09
Apr-09
Feb-09
Dec-08
Oct-08
Aug-08
Jun-08
Apr 2008
Feb 2008
Dec 2007
Oc 2007
Aug 2007
Jun 2007
Apr 2007
Mar 2006
Mar 2004
Mar 2002
Mar 2000
9.0
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
Number of Months

11. Months of Inventory
February 2011
9.0
8.0
7.0
6.0
Nunmber of Months
5.0
4.0
3.0
2.0
1.0
0.0
$140,000 - $159,999 $160,000 - $179,999 $180,000 - $199,999 $200,000 - $249,999 $250,000 - $299,999 $300,000 - $399,999

12. 2011 YTD
2010
2009
Foreclosures as a Percent of Sales
2008
2007
2006
2005
2004
2003
2002
2001
2000
1999
1998
1997
1996
1995
1994
1993
1992
1991
1990
1989
1988
1987
1986
1985
100.0%
90.0%
80.0%
70.0%
60.0%
50.0%
40.0%
30.0%
20.0%
10.0%
0.0%

13. Freddie Mac 30 Fixed Rate Mortgage
20.0
18.0
16.0
14.0
Percentage Rate
12.0
10.0
8.0
6.0
4.0
Jan - 1971 Jan – 2011

14. Percent of Sales by Price
Year to Date 2011
$250,000 and Greater
26.4%
$249,000 or Less
73.6%

15. Percent of Sales from
$140,000 - $399,999
Year to Date 2011
$300,000 - $399,999
$140,000 - $159,999
14.2%
17.6%
$250,000 - $299,999
16.4%
$160,000 - $179,999
16.4%
$180,000 - $199,999
$200,000 - $249,999 12.2%
23.2%

16. 2011 YTD vs. 2010 YTD
• Average Price 6.7%
• Median Price 2.8%
• Residential Units Sold 12.4%
• Inventory Levels 11.3%
• Number of Listings 1.9%
• Foreclosures 5.7%
• Interest Rates are at historic lows