New Listings

As of October 26, 2009

Last Three Months Weekly New Listings

4,750
For the week Current One Year One Year
ending: Activity Ago Change
4,500 Current Activity 7/25/2009 3,799 4,485 - 15.3%
One Year Ago 8/1/2009 3,898 4,567 - 14.6%
8/8/2009 3,927 4,178 - 6.0%
4,250 8/15/2009 3,781 4,112 - 8.0%
8/22/2009 3,664 3,962 - 7.5%
8/29/2009 3,586 3,916 - 8.4%
4,000
9/5/2009 4,022 4,167 - 3.5%
9/12/2009 3,827 4,363 - 12.3%
3,750
9/19/2009 3,966 4,242 - 6.5%
9/26/2009 3,815 4,008 - 4.8%
10/3/2009 3,930 4,105 - 4.3%
3,500 10/10/2009 3,939 3,963 - 0.6%
10/17/2009 3,483 3,613 - 3.6%
3-Month Total: 49,637 53,681 - 7.5%
3,250
7/25/09 8/1/09 8/8/09 8/15/09 8/22/09 8/29/09 9/5/09 9/12/09 9/19/09 9/26/09 10/3/09 10/10/09 10/17/09
Compared to Last Year: Down (-)

Historical New Listings Compared to 2003: 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 4/2/09 7/31/09

All data provided by MRIS, Inc. Reports are created and maintained by 10K Research and Marketing. Data current as of 10/26/2009. This report may be reproduced by MRIS members. 2
 Pending Sales
As of October 26, 2009

Last Three Months Weekly Pending Sales

3,200
For the week Current One Year One Year
Current Activity ending: Activity Ago Change
One Year Ago
7/25/2009 2,576 2,155 + 19.5%
2,700
8/1/2009 2,674 2,275 + 17.5%
8/8/2009 2,501 2,086 + 19.9%
8/15/2009 2,450 2,077 + 18.0%
8/22/2009 2,546 2,004 + 27.0%
8/29/2009 2,600 2,095 + 24.1%
2,200
9/5/2009 2,787 1,935 + 44.0%
9/12/2009 2,435 2,077 + 17.2%
9/19/2009 2,817 2,014 + 39.9%
9/26/2009 2,664 1,965 + 35.6%
1,700
10/3/2009 2,890 1,879 + 53.8%
10/10/2009 2,909 1,745 + 66.7%
10/17/2009 2,630 1,500 + 75.3%
3-Month Total: 34,479 25,807 + 33.6%
1,200
7/25/09 8/1/09 8/8/09 8/15/09 8/22/09 8/29/09 9/5/09 9/12/09 9/19/09 9/26/09 10/3/09 10/10/09 10/17/09

Compared to Last Year: Up (+)

Historical Pending Sales Compared to 2003: 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 4/2/09 7/31/09

All data provided by MRIS, Inc. Reports are created and maintained by 10K Research and Marketing. Data current as of 10/26/2009. This report may be reproduced by MRIS members. 3
 Active Listings for Sale
As of October 26, 2009

Last Three Months Weekly Inventory for Sale

95,000
Current One Year One Year
Inventory as of:
Current Inventory Inventory Ago Change
One Year Ago 7/18/2009 65,294 86,812 - 24.8%
7/25/2009 64,920 86,865 - 25.3%
85,000
8/1/2009 63,816 85,663 - 25.5%
8/8/2009 63,579 85,422 - 25.6%
8/15/2009 63,318 85,155 - 25.6%
8/22/2009 62,914 85,035 - 26.0%
75,000
8/29/2009 61,719 83,314 - 25.9%
9/5/2009 61,190 83,576 - 26.8%
9/12/2009 61,110 83,424 - 26.7%
9/19/2009 60,637 83,372 - 27.3%
65,000
9/26/2009 60,231 83,240 - 27.6%
10/3/2009 58,482 81,635 - 28.4%
10/10/2009 57,664 81,573 - 29.3%
10/17/2009 56,628 81,427 - 30.5%
55,000 3-Month Avg: 61,247 83,823 - 26.9%
7/18/09 7/25/09 8/1/09 8/8/09 8/15/09 8/22/09 8/29/09 9/5/09 9/12/09 9/19/09 9/26/09 10/3/09 10/10/09 10/17/09

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 4/9/09 8/7/09

All data provided by MRIS, Inc. Reports are created and maintained by 10K Research and Marketing. Data current as of 10/26/2009. This report may be reproduced by MRIS members. 4
 Days on Market Until Sale
September 2009 — 93

Current One Year One Year

Month
112 Year Previous Change
10-2008 115 101 + 13.8%
96 11-2008 111 104 + 7.1%
93
12-2008 112 111 + 0.7%
1-2009 125 121 + 3.2%
2-2009 124 126 - 1.6%
3-2009 120 121 - 1.0%
4-2009 111 121 - 8.6%
5-2009 108 112 - 3.5%
6-2009 101 106 - 4.9%
+ 17.0% - 17.2% 7-2009 95 107 - 10.9%
8-2009 93 109 - 14.4%
9-2009 93 112 - 17.2%
12-Month Avg: 109 113 - 3.2%

9-2007 9-2008 9-2009

Compared to Last Year: Down (-)
Historical Days on Market Until Sale Compared to 2003: Up (+)
140

120

100

80

60

40

20

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 10/26/2009. This report may be reproduced by MRIS members. 5