Market Dynamics

Prepared For

Easterly Lakes 2012 Sales, Denham Springs LA 70706

William Cobb Accurate Valuations Group

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

01/24/2013

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William Cobb

Accurate Valuations Group

Median Sold Price by Month

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

Dec-11 vs. Dec-12

Dec-11 0
MLS: GBRAR Property Types: Subdivision: Period: 1 year (monthly) Price: All

Dec-12 0
Construction Type:

Change 0
All Bedrooms: All

Bathrooms:

All

Lot Size: All Sq Ft: All

Residential: (Detached Single Family) Easterly Lakes

Clarus MarketMetrics

1 of 2
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01/24/2013

2 of 21

William Cobb

Accurate Valuations Group

Median Sold Price by Month

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

Time Period Dec-12 Nov-12 Oct-12 Sep-12 Aug-12 Jul-12 Jun-12 May-12 Apr-12 Mar-12 Feb-12 Jan-12 Dec-11

Median Price

# Units 0 0

Average DOM

199,900 218,750 170,000 259,900 220,500 302,000 215,000 275,000 187,000

1 2 1 1 4 2 1 1 0 1 0

5 68 67 43 29 16 76 12 59

Clarus MarketMetrics

2 of 2
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01/24/2013

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William Cobb

Accurate Valuations Group

Median For Sale vs. Median Sold

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

Dec-11 vs. Dec-12

Dec-11 249,500
MLS: GBRAR Property Types: Subdivision:

Dec-11 vs. Dec-12

% -13%
All Construction Type: All Bedrooms:

Dec-12 216,950
Period: 1 year (monthly)

Change -32,550
Price:

Dec-11 0
All

Dec-12 0
Bathrooms: All

Change 0
Lot Size: All Sq Ft: All

Residential: (Detached Single Family) Easterly Lakes

Clarus MarketMetrics

1 of 2
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01/24/2013

4 of 21

William Cobb

Accurate Valuations Group

Median For Sale vs. Median Sold

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
For Sale Median 216,950 216,950 227,500 225,000 227,500 225,500 217,900 221,950 255,450 217,900 247,000 247,000 249,500 # Properties For Sale 4 4 6 5 6 8 5 10 6 5 6 6 4 187,000 199,900 218,750 170,000 259,900 220,500 302,000 215,000 275,000 Sold Median # Properties Sold 0 0 1 2 1 1 4 2 1 1 0 1 0 -60,000 -27,600 -6,250 -57,500 34,400 2,600 80,050 -40,450 57,100 Price Difference

Time Period Dec-12 Nov-12 Oct-12 Sep-12 Aug-12 Jul-12 Jun-12 May-12 Apr-12 Mar-12 Feb-12 Jan-12 Dec-11

Clarus MarketMetrics

2 of 2
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01/24/2013

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William Cobb

Accurate Valuations Group

Sold Properties by Month

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

Dec-11 vs. Dec-12

Dec-11 0
MLS: GBRAR Property Types: Subdivision: Period: 1 year (monthly) Price: All

Dec-12 0
Construction Type:

Change 0
All Bedrooms: All

Bathrooms:

All

Lot Size: All Sq Ft: All

Residential: (Detached Single Family) Easterly Lakes

Clarus MarketMetrics

1 of 2
Information not guaranteed. 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

01/24/2013

6 of 21

William Cobb

Accurate Valuations Group

Sold Properties by Month

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

Time Period Dec-12 Nov-12 Oct-12 Sep-12 Aug-12 Jul-12 Jun-12 May-12 Apr-12 Mar-12 Feb-12 Jan-12 Dec-11

# Properties 0 0 1 2 1 1 4 2 1 1 0 1 0

Median Price

Average DOM

199,900 218,750 170,000 259,900 220,500 302,000 215,000 275,000 187,000

5 68 67 43 29 16 76 12 59

Clarus MarketMetrics

2 of 2
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01/24/2013

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William Cobb

Accurate Valuations Group

Under Contract Properties by Month

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

Dec-11 vs. Dec-12

Dec-11 0
MLS: GBRAR Property Types: Subdivision: Period: 1 year (monthly) Price: All

Dec-12 0
Construction Type:

Change 0
All Bedrooms: All

Bathrooms:

All

Lot Size: All Sq Ft: All

Residential: (Detached Single Family) Easterly Lakes

Clarus MarketMetrics

1 of 2
Information not guaranteed. 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

01/24/2013

8 of 21

William Cobb

Accurate Valuations Group

Under Contract Properties by Month

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

Time Period Dec-12 Nov-12 Oct-12 Sep-12 Aug-12 Jul-12 Jun-12 May-12 Apr-12 Mar-12 Feb-12 Jan-12 Dec-11

# Properties 0 0 0 2 1 2 0 4 1 3 1 0 0

Median Price

Average DOM

199,450 249,900 200,450 247,000 325,000 215,000 275,000

65 12 86 18 1 64 12

Clarus MarketMetrics

2 of 2
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01/24/2013

9 of 21

William Cobb

Accurate Valuations Group

New Properties by Month

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

Dec-11 vs. Dec-12

Dec-11 1
MLS: GBRAR Property Types: Subdivision: Period: 1 year (monthly) Price: All

Dec-12 0
Construction Type:

Change -1
All Bedrooms: All

% -100%
Bathrooms: All Lot Size: All Sq Ft: All

Residential: (Detached Single Family) Easterly Lakes

Clarus MarketMetrics

1 of 2
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01/24/2013

10 of 21

William Cobb

Accurate Valuations Group

New Properties by Month

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

Time Period Dec-12 Nov-12 Oct-12 Sep-12 Aug-12 Jul-12 Jun-12 May-12 Apr-12 Mar-12 Feb-12 Jan-12 Dec-11

# Properties 0 0 3 1 1 3 0 5 4 1 1 2 1

Median Price

208,900 199,900 249,900 230,000 206,000 255,450 217,900 285,000 245,000 200,000

Clarus MarketMetrics

2 of 2
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01/24/2013

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William Cobb

Accurate Valuations Group

For Sale Properties by Month

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

Dec-11 vs. Dec-12

Dec-11 4
MLS: GBRAR Property Types: Subdivision: Period: 1 year (monthly) Price: All

Dec-12 4
Construction Type:

Change 0
All Bedrooms: All

% 0%
Bathrooms: All Lot Size: All Sq Ft: All

Residential: (Detached Single Family) Easterly Lakes

Clarus MarketMetrics

1 of 2
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01/24/2013

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William Cobb

Accurate Valuations Group

For Sale Properties by Month

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

Time Period Dec-12 Nov-12 Oct-12 Sep-12 Aug-12 Jul-12 Jun-12 May-12 Apr-12 Mar-12 Feb-12 Jan-12 Dec-11

# Properties 4 4 6 5 6 8 5 10 6 5 6 6 4

Median Price 216,950 216,950 227,500 225,000 227,500 225,500 217,900 221,950 255,450 217,900 247,000 247,000 249,500

Average DOM 93 62 53 67 63 93 123 54 60 87 99 95 108

Clarus MarketMetrics

2 of 2
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01/24/2013

13 of 21

William Cobb

Accurate Valuations Group

Expired Properties by Month

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

Dec-11 vs. Dec-12

Dec-11 0
MLS: GBRAR Property Types: Subdivision: Period: 1 year (monthly) Price: All

Dec-12 0
Construction Type:

Change 0
All Bedrooms: All

Bathrooms:

All

Lot Size: All Sq Ft: All

Residential: (Detached Single Family) Easterly Lakes

Clarus MarketMetrics

1 of 2
Information not guaranteed. 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

01/24/2013

14 of 21

William Cobb

Accurate Valuations Group

Expired Properties by Month

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

Time Period Dec-12 Nov-12 Oct-12 Sep-12 Aug-12 Jul-12 Jun-12 May-12 Apr-12 Mar-12 Feb-12 Jan-12 Dec-11

# Properties 0 0 2 0 1 1 0 1 0 0 1 1 0

Median Price

Average DOM

274,950 217,900 299,900 214,900

96 145 351 52

219,000 280,000

216 93

Clarus MarketMetrics

2 of 2
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01/24/2013

15 of 21

William Cobb

Accurate Valuations Group

Supply & Demand by Month

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

Dec-11 vs. Dec-12

Dec-11 4
MLS: GBRAR Property Types: Subdivision:

Dec-11 vs. Dec-12

% 0%
All Construction Type: All Bedrooms:

Dec-12 4
Period: 1 year (monthly)

Change 0
Price:

Dec-11 0
All

Dec-12 0
Bathrooms: All

Change 0
Lot Size: All Sq Ft: All

Residential: (Detached Single Family) Easterly Lakes

Clarus MarketMetrics

1 of 2
Information not guaranteed. 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

01/24/2013

16 of 21

William Cobb

Accurate Valuations Group

Supply & Demand by Month

Dec-11 vs. Dec-12: The number of for sale properties has not changed and the percent change in the number of sold
# Properties For Sale 4 4 6 5 6 8 5 10 6 5 6 6 4 Average DOM For Sale 93 62 53 67 63 93 123 54 60 87 99 95 108 # Properties Sold 0 0 1 2 1 1 4 2 1 1 0 1 0 59 5 68 67 43 29 16 76 12 Average DOM Sold

Time Period Dec-12 Nov-12 Oct-12 Sep-12 Aug-12 Jul-12 Jun-12 May-12 Apr-12 Mar-12 Feb-12 Jan-12 Dec-11

Clarus MarketMetrics

2 of 2
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01/24/2013

17 of 21

William Cobb

Accurate Valuations Group

The Average Days on Market by Month

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

Dec-11 vs. Dec-12

Dec-11 0
MLS: GBRAR Property Types: Subdivision: Period: 1 year (monthly) Price: All

Dec-12 0
Construction Type:

Change 0
All Bedrooms: All

Bathrooms:

All

Lot Size: All Sq Ft: All

Residential: (Detached Single Family) Easterly Lakes

Clarus MarketMetrics

1 of 2
Information not guaranteed. 2013 - 2014 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

01/24/2013

18 of 21

William Cobb

Accurate Valuations Group

The Average Days on Market by Month

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

Time Period Dec-12 Nov-12 Oct-12 Sep-12 Aug-12 Jul-12 Jun-12 May-12 Apr-12 Mar-12 Feb-12 Jan-12 Dec-11

Average DOM

# UC Units 0 0 0

65 12 86 18 1 64 12

2 1 2 0 4 1 3 1 0 0

Clarus MarketMetrics

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01/24/2013

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William Cobb

Accurate Valuations Group

Months Supply of Inventory

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

Dec-11 vs. Dec-12

Dec-11 0.0
MLS: GBRAR Property Types: Subdivision: Period: 1 year (monthly) Price: All

Dec-12 0.0
Construction Type:

Change 0.0
All Bedrooms: All

Bathrooms:

All

Lot Size: All Sq Ft: All

Residential: (Detached Single Family) Easterly Lakes

Clarus MarketMetrics

1 of 2
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01/24/2013

20 of 21

William Cobb

Accurate Valuations Group

Months Supply of Inventory

Dec-11 vs. Dec-12: The percent change calculation is N/A
# Units For Sale Last Day of Month 4 4 4 3 4 5 5 5 5 2 4 5 4 # UC Units During Month 0 0 0 2 1 2 0 4 1 3 1 0 0 1.2 5.0 0.7 4.0 18 1 64 12 1.5 4.0 2.5 65 12 86 UC Average DOM

Time Period Dec-12 Nov-12 Oct-12 Sep-12 Aug-12 Jul-12 Jun-12 May-12 Apr-12 Mar-12 Feb-12 Jan-12 Dec-11

MSI

Clarus MarketMetrics

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01/24/2013

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