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Lending in the High Tech Age

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around the u.s. ANALYTICS 12-month HPI change (ex. distressed) Peak to current change 15.00% 8.30% 0.00% Texas 9.10% 9.90% 0.00% South Dakota 9.60% 9.70% 0.00% Oklahoma 3.60% 4.00% 0.00% North Dakota 11.00% 7.00% 0.00% Nebraska 4.80% 4.60% 0.00% Louisiana 4.30% 4.80% 0.00% Iowa 3.40% 3.80% 0.00% Colorado 9.60% 8.80% 0.00% Alaska 5.60% 6.30% 0.00% District of Columbia 7.80% 7.80% -0.30% Vermont 2.10% 2.60% -0.70% Arkansas 2.80% 4.20% -0.70% Kansas 4.30% 7.20% -3.90% New York 9.60% 10.00% -4.40% Tennessee 6.70% 7.10% -4.50% Kentucky 2.70% 4.00% -4.50% -5.00% 5.70% 7.30% Montana 8.30% 5.80% -6.60% Indiana 4.70% 5.70% -6.90% -7.00% South Carolina 8.10% 7.70% Pennsylvania 4.10% 4.80% -7.30% 13.80% 12.20% a na ly t ic s North Carolina s e r v ic i ng CoreLogic's Home Price Index report for August shows home price gains slowly but surely chugging along in every state. However, the month's peakto-current data serves as a stark reminder of how badly most states were affected when it all came tumbling down years ago. Wyoming 12-month HPI change (inc. distressed) Or ig i nat ion In Context State -8.32% Hawaii Mississippi 4.60% -8.70% 10.20% -9.50% Wisconsin 4.20% 4.50% -10.70% Maine 4.30% 0.70% -11.80% Missouri 7.50% 7.70% -12.00% Ohio 3.40% 5.20% -12.20% Georgia 14.80% 12.50% -13.50% Alabama 3.50% 5.00% -13.70% Virginia 7.60% 7.20% se c on da r y m a r k e t 4.10% 12.40% Massachusetts -14.90% Utah 12.30% 13.70% -14.90% Oregon 14.00% 12.20% -15.00% Minnesota 8.10% 7.90% -15.00% Delaware 2.50% 5.20% -15.40% Washington 12.50% 12.50% -15.90% 5.10% 4.10% -16.60% -18.50% New Hampshire New Mexico 1.50% 3.70% Idaho 13.20% 12.50% -19.10% Connecticut 3.70% 5.70% -19.50% Maryland 7.00% 7.60% -21.30% New Jersey 5.00% 5.20% -22.10% California 23.10% +.19.8% -22.10% West Virginia 2.60% 5.60% -22.40% Illinois 6.50% 7.80% -22.60% Michigan 12.30% 12.10% -25.70% Rhode Island 4.80% 5.50% -29.10% Arizona 16.40% 14.00% -32.00% Florida 12.70% 13.50% -37.20% Nevada 25.90% 23.30% -41.90% Source: CoreLogic The M Report | 53

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