Q3-2014133,000

Q3-2011139,900

%-5

Change-6,900

Q3-2011 vs Q3-2014: The median sold price is down -5%Median Sold Price by quarter

Accurate Valuations Group

Q3-2011 vs. Q3-2014

William Cobb

Clarus MarketMetrics® 11/03/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All3 Year Quarterly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

Subdivision:Property Types: : Residential

Greenwood EstatesPrice:

Median Sold Price by quarterQ3-2011 vs Q3-2014: The median sold price is down -5%

Accurate Valuations GroupWilliam Cobb

Sold Median Price Units Avg DOMTime Period

Q3 2014 133,000 5 38

Q2 2014 135,000 1 1

Q1 2014 72,269 4 42

Q4 2013 110,649 2 74

Q3 2013 127,500 2 51

Q2 2013 80,000 3 30

Q1 2013 0Q4 2012 70,000 1 19

Q3 2012 0Q2 2012 107,000 1 49

Q1 2012 0Q4 2011 155,000 1 60

Q3 2011 139,900 1 4

Clarus MarketMetrics® 11/03/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

22/

Q3-20145

Q3-20111

%400

Change4

Q3-2011 vs Q3-2014: The number of Sold properties is up 400%Sold Properties by quarter

Accurate Valuations Group

Q3-2011 vs. Q3-2014

William Cobb

Clarus MarketMetrics® 11/03/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All3 Year Quarterly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

Subdivision:Property Types: : Residential

Greenwood EstatesPrice:

Sold Properties by quarterQ3-2011 vs Q3-2014: The number of Sold properties is up 400%

Accurate Valuations GroupWilliam Cobb

Time Period

Full Market

Units Median Price Avg DOM

Bank Properties

Units % Bank Median Price

Non-Bank Properties

Units % Non-Bank Median Price

Q3 2014 133,0005 38 1 20.0 120,000 4 80.0 133,750

Q2 2014 135,0001 1 0 0.0 1 100.0 135,000

Q1 2014 72,2694 42 4 100.0 72,269 0 0.0

Q4 2013 110,6492 74 1 50.0 70,299 1 50.0 151,000

Q3 2013 127,5002 51 0 0.0 2 100.0 127,500

Q2 2013 80,0003 30 1 33.3 75,301 2 66.7 119,750

Q1 2013 0 0 0

Q4 2012 70,0001 19 0 0.0 1 100.0 70,000

Q3 2012 0 0 0

Q2 2012 107,0001 49 1 100.0 107,000 0 0.0

Q1 2012 0 0 0

Q4 2011 155,0001 60 0 0.0 1 100.0 155,000

Q3 2011 139,9001 4 1 100.0 139,900 0 0.0

Clarus MarketMetrics® 11/03/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

22/

Q3-20141

Q3-20111

%0

Change0

Q3-2011 vs Q3-2014: The number of Sold (Bank) properties has not changedSold Properties by quarter (Bank)

Accurate Valuations Group

Q3-2011 vs. Q3-2014

William Cobb

Clarus MarketMetrics® 11/03/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All3 Year Quarterly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

Subdivision:Property Types: : Residential

Greenwood EstatesPrice:

Sold Properties by quarter (Bank)Q3-2011 vs Q3-2014: The number of Sold (Bank) properties has not changed

Accurate Valuations GroupWilliam Cobb

Time Period

Full Market

Units Median Price Avg DOM

Bank Properties

Units % Bank Median Price

Non-Bank Properties

Units % Non-Bank Median Price

Q3 2014 133,0005 38 1 20.0 120,000 4 80.0 133,750

Q2 2014 135,0001 1 0 0.0 1 100.0 135,000

Q1 2014 72,2694 42 4 100.0 72,269 0 0.0

Q4 2013 110,6492 74 1 50.0 70,299 1 50.0 151,000

Q3 2013 127,5002 51 0 0.0 2 100.0 127,500

Q2 2013 80,0003 30 1 33.3 75,301 2 66.7 119,750

Q1 2013 0 0 0

Q4 2012 70,0001 19 0 0.0 1 100.0 70,000

Q3 2012 0 0 0

Q2 2012 107,0001 49 1 100.0 107,000 0 0.0

Q1 2012 0 0 0

Q4 2011 155,0001 60 0 0.0 1 100.0 155,000

Q3 2011 139,9001 4 1 100.0 139,900 0 0.0

Clarus MarketMetrics® 11/03/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

22/

Q3-20146

Q3-20112

%200

Change4

Q3-2011 vs Q3-2014: The number of Under Contract properties is up 200%Under Contract Properties by quarter

Accurate Valuations Group

Q3-2011 vs. Q3-2014

William Cobb

Clarus MarketMetrics® 11/03/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

1/2

AllBathrooms: SqFt:All

: Residential

All Square FootageConstruction Type: Lot Size:GBRAR

Greenwood Estates

Period: 3 Year QuarterlyPrice:MLS:

All AllAll

Property Types:

Bedrooms:

Subdivision:

Under Contract Properties by quarterQ3-2011 vs Q3-2014: The number of Under Contract properties is up 200%

Accurate Valuations GroupWilliam Cobb

Median Price UnitsUnits Median Price% Non-Bank

Full Market

% BankAvg DOMMedian Price

Bank Properties

Units

Non-Bank Properties

Time PeriodQ3 2014 133,5006 69 135,00083.35115,00016.71Q2 2014 135,0003 10 135,000100.030.00Q1 2014 69,9003 53 0.0069,900100.03Q4 2013 65,4502 77 0.0065,450100.02Q3 2013 135,0003 34 135,000100.030.00Q2 2013 136,9002 42 136,900100.020.00Q1 2013 67,3201 6 0.0067,320100.01Q4 2012 79,9001 19 79,900100.010.00Q3 2012 0 00Q2 2012 0 00Q1 2012 107,1001 49 0.00107,100100.01Q4 2011 0 00Q3 2011 147,4502 32 155,00050.01139,90050.01

Clarus MarketMetrics® 11/03/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

22/

Q3-201469

Q3-201132

%117

Change37

Q3-2011 vs Q3-2014: The average days on market is up 117%The Average Days on Market by quarter

Accurate Valuations Group

Q3-2011 vs. Q3-2014

William Cobb

Greenwood EstatesAll 3 Year Quarterly

Subdivision:Period:Price:

Property Types: : Residential

11/03/20141/2Clarus MarketMetrics®

All Square FootageBedrooms: All AllSqFt:

All Lot Size:Bathrooms:AllConstruction Type:MLS: GBRAR

The Average Days on Market by quarterQ3-2011 vs Q3-2014: The average days on market is up 117%

Accurate Valuations GroupWilliam Cobb

# UC UnitsAvg DOMTime PeriodQ3 2014 669Q2 2014 310Q1 2014 353Q4 2013 277Q3 2013 334Q2 2013 242Q1 2013 16Q4 2012 119Q3 2012 0Q2 2012 0Q1 2012 149Q4 2011 0Q3 2011 232

Clarus MarketMetrics® 2/2 11/03/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

Q3-20141

Q3-20110

%N/A

Change1

Q3-2011 vs Q3-2014: The number of Expired properties : The percent change calculation is N/AExpired Properties by quarter

Accurate Valuations Group

Q3-2011 vs. Q3-2014

William Cobb

11/03/2014Clarus MarketMetrics® 1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All3 Year Quarterly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

Subdivision:Property Types: : Residential

Greenwood EstatesPrice:

Expired Properties by quarterQ3-2011 vs Q3-2014: The number of Expired properties : The percent change calculation is N/A

Accurate Valuations GroupWilliam Cobb

Median Price Units% BankAvg DOMUnits Median Price

Bank Properties

Units

Non-Bank Properties

% Non-Bank Median Price

Full Market

Q3 2014 145,0001 181 0 0.0 1 100.0 145,000Q2 2014 138,0001 117 1 100.0 138,000 0 0.0Q1 2014 0 0 0Q4 2013 129,9001 185 0 0.0 1 100.0 129,900Q3 2013 153,4502 88 0 0.0 2 100.0 153,450Q2 2013 159,9001 182 1 100.0 159,900 0 0.0Q1 2013 0 0 0Q4 2012 0 0 0Q3 2012 148,5002 184 0 0.0 2 100.0 148,500Q2 2012 131,4002 214 0 0.0 2 100.0 131,400Q1 2012 199,9001 183 0 0.0 1 100.0 199,900Q4 2011 129,9001 108 0 0.0 1 100.0 129,900Q3 2011 0 0 0

Clarus MarketMetrics® 11/03/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

22/

Q3-20148

Q3-20115

%60

Change3

Q3-2011 vs Q3-2014: The number of For Sale properties is up 60%For Sale Properties by quarter

Accurate Valuations Group

Q3-2011 vs. Q3-2014

William Cobb

Clarus MarketMetrics® 11/03/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All3 Year Quarterly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

Subdivision:Property Types: : Residential

Greenwood EstatesPrice:

For Sale Properties by quarterQ3-2011 vs Q3-2014: The number of For Sale properties is up 60%

Accurate Valuations GroupWilliam Cobb

Median Price UnitsUnits Median Price% Non-Bank

Full Market

% BankAvg DOMMedian Price

Bank Properties

Units

Non-Bank Properties

Time Period

Q3 2014 133,5008 123 2 25.0 115,000 6 75.0 140,000Q2 2014 135,00010 83 2 20.0 126,500 8 80.0 135,000Q1 2014 115,0007 71 5 71.4 102,500 2 28.6 138,500Q4 2013 86,2506 92 5 83.3 70,000 1 16.7 129,900Q3 2013 132,4508 128 2 25.0 87,950 6 75.0 138,450Q2 2013 129,9007 140 2 28.6 110,400 5 71.4 129,900Q1 2013 150,9004 154 2 50.0 113,610 2 50.0 152,400Q4 2012 141,9003 146 1 33.3 159,900 2 66.7 110,900Q3 2012 141,9003 210 0 0.0 3 100.0 141,900Q2 2012 132,9005 159 0 0.0 5 100.0 132,900Q1 2012 132,9007 93 1 14.3 107,100 6 85.7 137,400Q4 2011 131,4004 90 0 0.0 4 100.0 131,400Q3 2011 139,9005 38 1 20.0 139,900 4 80.0 143,950

Clarus MarketMetrics® 11/03/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

22/

Q3-20142

Q3-20115

%-60

Change-3

Q3-2011 vs Q3-2014: The number of New properties is down -60%New Properties by quarter

Accurate Valuations Group

Q3-2011 vs. Q3-2014

William Cobb

Clarus MarketMetrics® 11/03/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All3 Year Quarterly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

Subdivision:Property Types: : Residential

Greenwood EstatesPrice:

New Properties by quarterQ3-2011 vs Q3-2014: The number of New properties is down -60%

Accurate Valuations GroupWilliam Cobb

Median Price UnitsUnits Median Price% Non-Bank

Full Market

% BankMedian Price

Bank Properties

Units

Non-Bank Properties

Time PeriodQ3 2014 130,4502 1 50.0 115,000 1 50.0 145,900Q2 2014 135,0006 0 0.0 6 100.0 135,000Q1 2014 135,0004 2 50.0 103,100 2 50.0 138,500Q4 2013 70,0003 3 100.0 70,000 0 0.0Q3 2013 150,0004 1 25.0 115,000 3 75.0 165,000Q2 2013 116,4504 1 25.0 60,900 3 75.0 122,000Q1 2013 115,1102 1 50.0 67,320 1 50.0 162,900Q4 2012 119,9002 1 50.0 159,900 1 50.0 79,900Q3 2012 0 0 0Q2 2012 0 0 0Q1 2012 135,9504 1 25.0 107,100 3 75.0 141,900Q4 2011 129,9001 0 0.0 1 100.0 129,900Q3 2011 139,9005 1 20.0 139,900 4 80.0 143,950

Clarus MarketMetrics® 11/03/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

22/

Q3-2011 vs Q3-2014: The number of for sale properties is up 60% and the number of sold properties is up 400%

Accurate Valuations Group

Q3-2011 vs. Q3-2014

5 60

William Cobb

8Q3-2014

Supply & Demand by quarter

ChangeQ3-2011 %3

Q3-2011 Q3-2014 %1 400

Q3-2011 vs. Q3-2014

5Change

4

Clarus MarketMetrics® 11/03/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All3 Year Quarterly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

Subdivision:Property Types: : Residential

Greenwood EstatesPrice:

Supply & Demand by quarterQ3-2011 vs Q3-2014: The number of for sale properties is up 60% and the number of sold properties is up 400%

William Cobb Accurate Valuations Group

For Sale Sold# Properties

Avg DOM Avg DOM# Properties

Time Period

Q3 2014 123 388 5Q2 2014 83 110 1Q1 2014 71 427 4Q4 2013 92 746 2Q3 2013 128 518 2Q2 2013 140 307 3Q1 2013 1544 0Q4 2012 146 193 1Q3 2012 2103 0Q2 2012 159 495 1Q1 2012 937 0Q4 2011 90 604 1Q3 2011 38 45 1

Clarus MarketMetrics® 11/03/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

22/

Q3-2011 vs Q3-2014: The median price of for sale properties is down -5% and the median price of sold properties is down -5%

Accurate Valuations Group

Q3-2011 vs. Q3-2014

139,900 -5

William Cobb

133,500Q3-2014

Median For Sale vs Median Sold

ChangeQ3-2011 %-6,400

Q3-2011 Q3-2014 %139,900 -5

Q3-2011 vs. Q3-2014

133,000Change-6,900

Clarus MarketMetrics® 11/03/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

1/2

MLS: GBRAR Bedrooms:AllAll

Construction Type:All3 Year Quarterly SqFt:

Bathrooms: Lot Size:All All Square FootagePeriod:All

Subdivision:Property Types: : Residential

Greenwood EstatesPrice:

Median For Sale vs Median SoldQ3-2011 vs Q3-2014: The median price of for sale properties is down -5% and the median price of sold properties is down -5%

Accurate Valuations GroupWilliam Cobb

For SaleMedian SoldMedianFor Sale # Properties # PropertiesSold Price Difference

Time Period

Q3 2014 8 5133,500 133,000 -500Q2 2014 10 1135,000 135,000 0Q1 2014 7 4115,000 72,269 -42,731Q4 2013 6 286,250 110,649 24,399Q3 2013 8 2132,450 127,500 -4,950Q2 2013 7 3129,900 80,000 -49,900Q1 2013 4 0150,900 -150,900Q4 2012 3 1141,900 70,000 -71,900Q3 2012 3 0141,900 -141,900Q2 2012 5 1132,900 107,000 -25,900Q1 2012 7 0132,900 -132,900Q4 2011 4 1131,400 155,000 23,600Q3 2011 5 1139,900 139,900 0

Clarus MarketMetrics®Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/partners).

11/03/201422/