TRENDGRAPHIX MONTHLY REAL ESTATE REPORT BROUGHT TO YOU BY

Lyon Real Estate

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

FOR IMMEDIATE RELEASE October 10, 2012

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

STRONG OCTOBER CLOSE PREDICTED IN SACRAMENTO REAL ESTATE MARKET

Sacramento, CA October 10, 2012 Real estate, market momentum continues in the Sacramento region, according to industry veteran Pat Shea, President and COO, Lyon Real Estate. Expect a strong closing month in October as the roll-over of open escrows will have more time, 23 days to close, predicts Shea. Shea reports that the average sales price of $249,000 and median of $217,000 continue a slow but steady ascent and that cash buyers and low interest rates continue to inspire all types of buyers. Sellers should continue to follow their lead and take full advantage of our unique and bright market conditions, says Shea. According to Trendgraphix, a Sacramento based data aggregator, 2,175 closings were reported in the four county area for September. Seven hundred eleven or 33% were of the Short Sale variety and 314 or 14% of the closed units were REO or Bank Owned properties. Trendgraphix reported a robust 2,718 new, open sales for the month of September, notable in light of the abbreviated business month and atypical of traditional, seasonal fall off. June, July and August all reflected similar open units north of 2,700. Thirty-six percent or 922 of those units were Short Sales and 12% or 322 units were REO. Fifty-three percent of both closed and new, open sales were from home sellers with equity. Shea reports that these consistent trends indicate that the mysterious shadow inventory is unlikely to present any meaningful, future influence on our market. Sacramento real estate enthusiasts are encouraged to scrutinize September data and all related opinions should they suggest a softening of market momentum, says Shea. Lower, closed unit numbers are largely reflective of the 19 day business month in September 2012 as

compared to 23 in August and 21 in September of 2011. This represents approximately 20% less time to transact new listings, sales and closings. Lyon Real Estate is the largest brokerage in the Greater Sacramento Valley and Foothills, serving the Greater Sacramento Area for six decades spanning a two-generation history. Lyon has nearly 900 agents in 17 offices throughout the five-county region. 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