TRENDGRAPHIX MONTHLY REAL ESTATE REPORT

BROUGHT TO YOU BY

Lyon Real Estate

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

FOR IMMEDIATE RELEASE

MARCH 23, 2011

CONTACT: Larry Knapp / CEO

(916) 978 - 4288

Big Jump in New Sales

According to Trendgraphix, there was a big jump in new sales (pendings) in January
and again in February. A deeper dive into the data suggests that most of the increase is
in the category of short sales. “This would be a good sign because any successful short
sale is one less potential REO, one less homeowner losing their home to foreclosure, and
one less house for the bank to have to take into their inventory,” stated Larry Knapp,
CEO, Lyon Real Estate. The data also indicates that the lenders have started to get their
arms around the process of getting out of a bad loan before they have to take
ownership; all of these things are good for the market. There is also a trend, although
hard to quantify, that may skew the short sale numbers. “We’re hearing that some
agents may be reporting a short sale as ‘pending’ when the seller accepts an offer rather
than waiting for the banks approval of the sales price,” continued Knapp. “This would
tend to inflate the number of short sale pendings for a few months. We’ll have to wait
and see how much of the increase is real and how much might come from a different
way of reporting sales.”

The greatest number of properties that are selling are under $300,000 and those sales
are averaging just over $100 per square foot. As the price range moves higher the
asking price per square foot is higher as well, and fewer properties are selling. “What
this suggests is that there is an abundance of buyers willing to pay bargain prices (i.e. in
the low $100 per square foot) and we know there is an abundance of distressed
properties in that bargain price category,” stated Knapp. “As long as an inventory of the
distressed properties remains readily available, prices will remain at these bargain
levels. With the large numbers of REO’s and Short Sale properties still in queue to hit the
market every month it would appear that these bargain prices will last for quite some
time into the future.”

Detailed information for individual areas (next page)

In the Tri County area of Sacramento, Placer and El Dorado Counties

This month compared to last month

• Closed Sales were down 6% (1,606 from 1,702)
• New Accepted Contracts (pendings) were up 31% (3,280 from 2,504)
• Inventory was down 3% (7,581 from 7,839)
• Total Months of Inventory was up 2% (to 4.7 months from 4.6) and
• Average Price Per Square Foot was down 2% (to $118 from $121).

This month compared to the same month a year ago…

• Closed Sales were up 1% (1,606 from 1,597)
• New Accepted Contracts (pendings) up 51% (3,280 from 2,175)
• Inventory was up 28% (7,581 from 5,936)
• Total Months of Inventory was up 27% (4.7 months from 3.7 months) and
• Average Price Per Square Foot was down 8% ($118 from $128)

Sacramento County

This month compared to last month

• Closed Sales were down 7% (1,156 from 1,245)
• New Accepted Contracts (pendings) were up 35% (2,362 from 1,756)
• Inventory was down 3% (5,198 from 5,375)
• Total Months of Inventory was up 4% (to 4.5 months from 4.3) and
• Average Price Per Square Foot was down 3% (to $110 from $113).

This month compared to the same month a year ago…

• Closed Sales were down 1% (1,156 from 1,170)
• New Accepted Contracts (pendings) were up 48% (2,362 from 1,599)
• Inventory was up 39% (5,198 from 3,749)
• Total Months of Inventory was up 40% (to 4.5 months from 3.2) and
• Average Price Per Square Foot was down 8% (to $110 from $119).

Placer County

This month compared to last month

• Closed Sales were down 2% ( 319 from 324)
• New Accepted Contracts (pendings) were up 16% (644 from 556)
• Inventory was down 4% (1,479 from 1,534)
• Total Months of Inventory was down 2% (to 4.6 months from 4.7) and
• Average Price Per Square Foot was down 1% (to $134 from $135).

This month compared to the same month a year ago…

• Closed Sales were up 6% ( 319 from 302)
• New Accepted Contracts (pendings) were up 51% (644 from 426)
• Inventory was up 15% (1,479 from 1,283)
• Total Months of Inventory was up 9% (to 4.6 months from 4.2) and
• Average Price Per Square Foot was down 8% (to $134 from $145).
El Dorado County

This month compared to last month

• Closed Sales were down 2% (131 from 133)
• New Accepted Contracts (pendings) were up 44% (276 from 192)
• Inventory was down 3% (907 from 935)
• Total Months of Inventory was down 2% (to 6.9 months from 7) and
• Average Price Per Square Foot was down 3% (to $135 from $139).

This month compared to the same month a year ago…

• Closed Sales were up 5% (131 from 125)
• New Accepted Contracts (pendings) were up 84% (276 from 150)
• Inventory was remained the same at 907
• Total Months of Inventory was down 5% (to 6.9 months from 7.3) and
• Average Price Per Square Foot was down 7% (to $135 from $145).

Yolo County

This month compared to last month

• Closed Sales were up 5% (105 from 100)
• New Accepted Contracts (pendings) were up 43% (224 from 157)
• Inventory was down 7% (449 from 482)
• Total Months of Inventory was down 11% (to 4.3 months from 4.8) and
• Average Price Per Square Foot was up 4% (to $138 from $133).

This month compared to the same month a year ago…

• Closed Sales were up 21% (105 from 87)
• New Accepted Contracts (pendings) were up 59% (224 from 141)
• Inventory was up 27% (449 from 353)
• Total Months of Inventory was up 5% (to 4.3 months from 4.1) and
• Average Price Per Square Foot was down 5% (to $138 from $145).

Nevada County

This month compared to last month

• Closed Sales were down 34% (23 from 35)
• New Accepted Contracts (pendings) were down 9% (29 from 32)
• Inventory was down 5% (349 from 369)
• Total Months of Inventory was up 44% (to 15.2 months from 10.5) and
• Average Price Per Square Foot was down 8% (to $156 from $169).

This month compared to the same month a year ago…

• Closed Sales were down 21% (23 from 29)
• New Accepted Contracts (pendings) were down 36% (29 from 45)
• Inventory was down 21% (349 from 442)
• Total Months of Inventory remained the same at 15.2 months and
• Average Price Per Square Foot was down 8% (to $156 from $169).
San Joaquin County

This month compared to last month

• Closed Sales were down 7% (602 from 644)
• New Accepted Contracts (pendings) were up 27% (1,203 from 946)
• Inventory was down 5% (2,334 from 2,451)
• Total Months of Inventory was up 2% (to 3.9 months from 3.8) and
• Average Price Per Square Foot was down 2% (to $95 from $97).

This month compared to the same month a year ago…

• Closed Sales were down 7% (602 from 650)
• New Accepted Contracts (pendings) were up 30% (1,203 from 927)
• Inventory was up 37% (2,334 from 1,698)
• Total Months of Inventory was up 48% (to 3.9 months from 2.6) and
• Average Price Per Square Foot was down 3% (to $95 from $98).

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