TRENDGRAPHIX MONTHLY REAL ESTATE REPORT BROUGHT TO YOU BY

Lyon Real Estate

3640 American River Drive, Suite 100, Sacramento, CA 95864

FOR IMMEDIATE RELEASE July 12, 2012

CONTACT: Pat Shea, President (916) 690-0980

Going, Going Gone!

Saleable listing inventory in Sacramento, Placer, El Dorado, and Yolo counties is all but gone. Please note that saleable has some important qualifications that some properties just do not meet. Specifically: the seller must have equity, be a bank or list price realistically maps to market activity seller needs to, or really wants to, sell can be approved for a short-sale property condition is acceptable to lenders buyers are active in the price point

Now here are the details. Total active listing inventory for June 2012 was 3,288 a remarkable 54% lower than last year. The Bank Owned or REO segment was down to 344 listings, 73% lower. Short-Sales ended at 532 active listings which was 73% lower than June 2011. Even in the $400,000 and above price point, where our region struggles to find able Buyers, inventory dropped 20% to 1,145. When we acknowledge the qualifications listed above and consider that approximately one third of our 1.3 month supply of active listings is over $400,000, its fair to assume the listing cupboard is empty. Agents report that there are multiple offers on every, appropriately priced, listing under $400,000 and on many homes above that mark as well. Upper end areas such as Land Park, East Sacramento, Sierra Oaks and key neighborhoods in Placer, El Dorado and Yolo counties are experiencing multiple offers in all price points. Well qualified yet unsuccessful buyers are pulling their hair out in frustration. The number of new open escrows was up 33% year over year in El Dorado County, 12% in Placer County, 8% in Sacramento County and 5% in Yolo County. Average sales price continued to see modest month over month increases in the 4 county areas and when combined, finished 5% above June 2011. An unrelenting supply of ready, willing and able buyers, coupled with a nominal housing inventory, should continue to drive modest appreciation across the Greater Sacramento market area for the foreseeable future. Appreciation produces more inventory through equity sellers and subsequently more move up buyers for the upper end markets. Its a long, steady climb but all the evidence shows that Sacramento, Placer, El Dorado and Yolo counties are making significant progress, stated Pat Shea, President, Lyon Real Estate.

Core Counties Combined - Sacramento, Placer, El Dorado, Yolo

Sales Data All Sales Closed Sales New Contracts Inventory Months of Inventory Avg Sales Price (in Thousands) Avg Sales Price Per Sq Ft Short Sales Breakout Closed Sales New Contracts Inventory Months of Inventory Avg Sales Price (in Thousands) Avg Sales Price Per Sq Ft REO Sales Breakout Closed Sales New Contracts Inventory Months of Inventory Avg Sales Price (in Thousands) Avg Sales Price Per Sq Ft $400K Sales & Over Breakout Closed Sales New Contracts Inventory Months of Inventory Avg Sales Price (in Thousands) Avg Sales Price Per Sq Ft Current Month Prior Month Var % Same Mo Prior Year Var %

2,597 3,306 3,288 1.3 $241 $129

2,815 3,317 3,397 1.2 $233 $126

-8% 0% -3% 5% 4% 3%

2,650 2,987 7,198 2.7 $230 $124

-2% 11% -54% -53% 5% 4%

733 1,318 532 0.7 $206 $109

789 1,290 670 0.8 $201 $109

-7% 2% -21% -15% 2% 0%

629 964 2,305 3.7 $162 $110

17% 37% -77% -80% 27% -1%

558 567 344 0.6 $175 $103

728 617 419 0.6 $173 $102

-23% -8% -18% 7% 1% 2%

983 939 1,287 1.3 $171 $101

-43% -40% -73% -53% 3% 2%

326 360 1,145 3.5 $562 $182

293 371 1,114 3.8 $579 $182

11% -3% 3% -8% -3% 0%

279 275 1,423 5.1 $580 $176

17% 31% -20% -31% -3% 4%

Short-Sales & REO Sales as Percentage of Total Sales

Current Month Reg SS REO 50.3% 28.2% 21.5% 43.0% 39.9% 17.2% Same Month Last Year Prior Month Reg SS REO Reg SS REO 46.1% 28.0% 25.9% 39.2% 23.7% 37.1% 42.5% 38.9% 18.6% 36.3% 32.3% 31.4%

Closed Sales New Contracts

About Trendgraphix, Inc. Trendgraphix, Inc. is a real estate reporting company based in Sacramento that uses local MLS data to provide highly-visual market statistical graphs to real estate brokers, agents, and MLS/Realtor associations across the USA. Trendgraphix's programs are currently used by tens of thousands of agents in more than 100 brokerages in 18 U.S. states. For more information visit www.TrendGraphix.com or email mcarter@trendgraphix.com.