TheMReport

January, 2013

TheMReport — News and strategies for the evolving mortgage marketplace.

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around the u.s. or ig i nat ion ANALYTICS Avalanche Ahead for Housing? se r v ic i ng With the company's director of research and analytics, Dr. Alex Villacorta, noting that trends in Clear Capital's most recent Home Data Market Index Report indicate a potentially troublesome winter for housing, quarterly pricing gains around the nation displayed slowing momentum. Midwest Qtr./Qtr.: +0.9% Yr./Yr.: +2.9% West Qtr./Qtr.: +2% Yr./Yr.: +10.3% Northeast a na ly t ic s Qtr./Qtr.: +0.3% Yr./Yr.: +1.4% KS MO KY South S e c on da r y M a r k e t Qtr./Qtr.: +0.8% Yr./Yr.: +4% National Qtr./Qtr.: 1.0% Yr./Yr.: 4.6% Highest Performing Major Markets Seattle-Tacoma-Bellevue, Washington Detroit-Warren-Livonia, Michigan Qtr./Qtr.: +3.6% Yr./Yr.: +14.5% Qtr./Qtr.: +3.1% Yr./Yr.: +5.5% San Francisco-Oakland-Fremont, California Milwaukee-Waukesha-West Allis, Qtr./Qtr.: +3.6% Yr./Yr.: +14.6% Cleveland-Elyria-Mentor, Ohio Qtr./Qtr.: +3.3% Yr./Yr.: +5.3% Phoenix-Mesa-Scottsdale, Arizona Qtr./Qtr.: +3.3% Yr./Yr.: +25.6% San Jose-Sunnyvale-Santa Clara, California Qtr./Qtr.: +3.2% Yr./Yr.: +14.9% Wisconsin Qtr./Qtr.: +2.9% Yr./Yr.: +4.3% Lowest Performing Major Markets Las Vegas-Paradise, Nevada Dayton, Ohio Qtr./Qtr.: +2.3% Yr./Yr.: +9.9% Qtr./Qtr.: -1.3% Yr./Yr.: 0% Philadelphia-CamdenWilmington, Pennsylvania, New Jersey, and Delaware Tucson, Arizona St. Louis, Missouri Qtr./Qtr.: 0% Yr./Yr.: -2.4% Qtr./Qtr.: +2.2% Yr./Yr.: +10.5% Qtr./Qtr.: -0.7% Yr./Yr.: -1.7% Dallas-Fort Worth-Arlington, Texas Columbus, Ohio Qtr./Qtr.: -0.6% Yr./Yr.: -1.8% Boston-Cambridge-Quincy, Massachusetts Birmingham-Hoover, Alabama Hartford-West Hartford-East Hartford, Connecticut Qtr./Qtr.: +0.2% Yr./Yr.: +1.1% Qtr./Qtr.: +2% Yr./Yr.: +6% Qtr./Qtr.: -0.4% Yr./Yr.: +2.7% Rochester, New York Orlando, Florida Raleigh-Cary, North Carolina Qtr./Qtr.: +2% Yr./Yr.: +8.6% Qtr./Qtr.: -0.3% Yr./Yr.: -2.2% New Orleans-Metairie-Kenner, Louisiana Louisville, Kentucky Qtr./Qtr.: +0.5% Yr./Yr.: +0.9% Sacramento-Arden-Roseville, California Qtr./Qtr.: +2.1% Yr./Yr.: +3.7% Qtr./Qtr.: +2.4% Yr./Yr.: +9% Atlanta-Sandy Springs-Marietta, Georgia Qtr./Qtr.: +2.3% Yr./Yr.: +3.2% Minneapolis-St.Paul-Bloomington, Minnesota and Wisconsin Qtr./Qtr.: +2.3% Yr./Yr.: +15.8% About the Survey: The Clear Capital HDI Market Report provides insights into market trends and other leading indices for the real estate market at the national and local levels. Clear Capital is the premium provider of data and solutions for real estate asset valuation and collateral risk assessment for large financial services companies. Our products include appraisals, broker price opinions, property condition inspections, value reconciliations, automated valuation models, quality assurance services, and home data indices. The information contained in this report is based on sources that are deemed to be reliable; however no representation or warranty is made as to the accuracy, completeness, or fitness for any particular purpose of any information contained herein. This report is not intended as investment advice, and should not be viewed as any guarantee of value, condition, or other attribute. 70 | The M Report Chicago-Naperville-Joliet, Illinois Qtr./Qtr.: +0.1% Yr./Yr.: -0.7% Qtr./Qtr.: -0.1% Yr./Yr.: -0.6% Honolulu, Hawaii Qtr./Qtr.: -0.1% Yr./Yr.: +0.4% Qtr./Qtr.: +0.2% Yr./Yr.: +1.8% Pittsburgh, Pennsylvania Qtr./Qtr.: +0.6% Yr./Yr.: +7% Charlotte-Gastonia-Concord, North Carolina Qtr./Qtr.: +0.7% Yr./Yr.: +2.6%

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