Information provided by the LATTER & BLUM Research Division

Greater New Orleans Area This representation is based in whole or in part on data supplied by New Orleans Metropolitan Association of Realtors, St. Tammany Association of Realtors, Tangipahoa Board of Realtors, Baton Rouge Board of Realtors or their Multiple Listing Services. Neither the Boards, Associations, nor their MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Boards, Associations or their MLS may not reflect all real estate activity for all years. #2 Single Family- Active Listings vs. Sold Listings 1989 thru 2008 THIRD QUARTER Source: LATTER & BLUM Research Division Numbers are in hundreds for existing residential property only.

This representation is based in whole or in part on data supplied by New Orleans Metropolitan Association of Realtors, St. Tammany Association of Realtors, Tangipahoa Board of Realtors, Baton Rouge Board of Realtors or their Multiple Listing Services. Neither the Boards, Associations, nor their MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Boards, Associations or their MLS may not reflect all real estate activity for all years. #3 Source: LATTER & BLUM Research Division Numbers are in hundreds for existing residential property only. Greater Baton Rouge Area Single Family- Active Listings vs. Sold Listings 1989 thru 2008 THIRD QUARTER

This representation is based in whole or in part on data supplied by New Orleans Metropolitan Association of Realtors, St. Tammany Association of Realtors, Tangipahoa Board of Realtors, Baton Rouge Board of Realtors or their Multiple Listing Services. Neither the Boards, Associations, nor their MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Boards, Associations or their MLS may not reflect all real estate activity for all years. #4 Source: LATTER & BLUM Research Division Numbers are for existing residential property only. Uptown Area Single Family- Active Listings vs. Sold Listings 1989 thru 2008 THIRD QUARTER

This representation is based in whole or in part on data supplied by New Orleans Metropolitan Association of Realtors, St. Tammany Association of Realtors, Tangipahoa Board of Realtors, Baton Rouge Board of Realtors or their Multiple Listing Services. Neither the Boards, Associations, nor their MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Boards, Associations or their MLS may not reflect all real estate activity for all years. #5 Source: LATTER & BLUM Research Division Numbers are for existing residential property only. Metairie Area Single Family- Active Listings vs. Sold Listings 1989 thru 2008 THIRD QUARTER

This representation is based in whole or in part on data supplied by New Orleans Metropolitan Association of Realtors, St. Tammany Association of Realtors, Tangipahoa Board of Realtors, Baton Rouge Board of Realtors or their Multiple Listing Services. Neither the Boards, Associations, nor their MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Boards, Associations or their MLS may not reflect all real estate activity for all years. #6 Source: LATTER & BLUM Research Division Numbers are for existing residential property only. Kenner Area Single Family- Active Listings vs. Sold Listings 1989 thru 2008 THIRD QUARTER

This representation is based in whole or in part on data supplied by New Orleans Metropolitan Association of Realtors, St. Tammany Association of Realtors, Tangipahoa Board of Realtors, Baton Rouge Board of Realtors or their Multiple Listing Services. Neither the Boards, Associations, nor their MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Boards, Associations or their MLS may not reflect all real estate activity for all years. #7 Source: LATTER & BLUM Research Division Numbers are for existing residential property only. Historic District Area Single Family- Active Listings vs. Sold Listings 1989 thru 2008 THIRD QUARTER

This representation is based in whole or in part on data supplied by New Orleans Metropolitan Association of Realtors, St. Tammany Association of Realtors, Tangipahoa Board of Realtors, Baton Rouge Board of Realtors or their Multiple Listing Services. Neither the Boards, Associations, nor their MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Boards, Associations or their MLS may not reflect all real estate activity for all years. #8 Source: LATTER & BLUM Research Division Numbers are for existing residential property only. Lakefront Area Single Family- Active Listings vs. Sold Listings 1989 thru 2008 THIRD QUARTER

This representation is based in whole or in part on data supplied by New Orleans Metropolitan Association of Realtors, St. Tammany Association of Realtors, Tangipahoa Board of Realtors, Baton Rouge Board of Realtors or their Multiple Listing Services. Neither the Boards, Associations, nor their MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Boards, Associations or their MLS may not reflect all real estate activity for all years. #9 Source: LATTER & BLUM Research Division Numbers are for existing residential property only. New Orleans East Area Single Family- Active Listings vs. Sold Listings 1989 thru 2008 THIRD QUARTER

This representation is based in whole or in part on data supplied by New Orleans Metropolitan Association of Realtors, St. Tammany Association of Realtors, Tangipahoa Board of Realtors, Baton Rouge Board of Realtors or their Multiple Listing Services. Neither the Boards, Associations, nor their MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Boards, Associations or their MLS may not reflect all real estate activity for all years. #10 Source: LATTER & BLUM Research Division Numbers are for existing residential property only. St. Bernard Area Single Family- Active Listings vs. Sold Listings 1989 thru 2008 THIRD QUARTER

This representation is based in whole or in part on data supplied by New Orleans Metropolitan Association of Realtors, St. Tammany Association of Realtors, Tangipahoa Board of Realtors, Baton Rouge Board of Realtors or their Multiple Listing Services. Neither the Boards, Associations, nor their MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Boards, Associations or their MLS may not reflect all real estate activity for all years. #11 Source: LATTER & BLUM Research Division Numbers are for existing residential property only. Algiers Area Single Family- Active Listings vs. Sold Listings 1989 thru 2008 THIRDQUARTER

This representation is based in whole or in part on data supplied by New Orleans Metropolitan Association of Realtors, St. Tammany Association of Realtors, Tangipahoa Board of Realtors, Baton Rouge Board of Realtors or their Multiple Listing Services. Neither the Boards, Associations, nor their MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Boards, Associations or their MLS may not reflect all real estate activity for all years. #12 Source: LATTER & BLUM Research Division Numbers are for existing residential property only. Marrero Area Single Family- Active Listings vs. Sold Listings 1989 thru 2008 THIRD QUARTER

This representation is based in whole or in part on data supplied by New Orleans Metropolitan Association of Realtors, St. Tammany Association of Realtors, Tangipahoa Board of Realtors, Baton Rouge Board of Realtors or their Multiple Listing Services. Neither the Boards, Associations, nor their MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Boards, Associations or their MLS may not reflect all real estate activity for all years. #13 Source: LATTER & BLUM Research Division Numbers are for existing residential property only. Ormond Area Single Family- Active Listings vs. Sold Listings 1989 thru 2008 THIRD QUARTER

This representation is based in whole or in part on data supplied by New Orleans Metropolitan Association of Realtors, St. Tammany Association of Realtors, Tangipahoa Board of Realtors, Baton Rouge Board of Realtors or their Multiple Listing Services. Neither the Boards, Associations, nor their MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Boards, Associations or their MLS may not reflect all real estate activity for all years. #14 Source: LATTER & BLUM Research Division Numbers are for existing residential property only. LaPlace Area Single Family- Active Listings vs. Sold Listings 1989 thru 2008 THIRD QUARTER

This representation is based in whole or in part on data supplied by New Orleans Metropolitan Association of Realtors, St. Tammany Association of Realtors, Tangipahoa Board of Realtors, Baton Rouge Board of Realtors or their Multiple Listing Services. Neither the Boards, Associations, nor their MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Boards, Associations or their MLS may not reflect all real estate activity for all years. #15 Source: LATTER & BLUM Research Division Numbers are for existing residential property only. Luling Area Single Family- Active Listings vs. Sold Listings 1989 thru 2008 THIRD QUARTER

This representation is based in whole or in part on data supplied by New Orleans Metropolitan Association of Realtors, St. Tammany Association of Realtors, Tangipahoa Board of Realtors, Baton Rouge Board of Realtors or their Multiple Listing Services. Neither the Boards, Associations, nor their MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Boards, Associations or their MLS may not reflect all real estate activity for all years. #16 Source: LATTER & BLUM Research Division Numbers are for existing residential property only. Mandeville Area Single Family- Active Listings vs. Sold Listings 1989 thru 2008 THIRD QUARTER

This representation is based in whole or in part on data supplied by New Orleans Metropolitan Association of Realtors, St. Tammany Association of Realtors, Tangipahoa Board of Realtors, Baton Rouge Board of Realtors or their Multiple Listing Services. Neither the Boards, Associations, nor their MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Boards, Associations or their MLS may not reflect all real estate activity for all years. #17 Source: LATTER & BLUM Research Division Numbers are for existing residential property only. Slidell Area Single Family- Active Listings vs. Sold Listings 1989 thru 2008 THIRD QUARTER

This representation is based in whole or in part on data supplied by New Orleans Metropolitan Association of Realtors, St. Tammany Association of Realtors, Tangipahoa Board of Realtors, Baton Rouge Board of Realtors or their Multiple Listing Services. Neither the Boards, Associations, nor their MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Boards, Associations or their MLS may not reflect all real estate activity for all years. #18 Source: LATTER & BLUM Research Division Numbers are for existing residential property only. Mississippi Gulf Coast Single Family- Active Listings vs. Sold Listings 2001 thru 2008 THIRDQUARTER

This representation is based in whole or in part on data supplied by New Orleans Metropolitan Association of Realtors, St. Tammany Association of Realtors, Tangipahoa Board of Realtors, Baton Rouge Board of Realtors or their Multiple Listing Services. Neither the Boards, Associations, nor their MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Boards, Associations or their MLS may not reflect all real estate activity for all years. #19 Source: LATTER & BLUM Research Division Numbers are for existing residential property only. Tangipahoa Parish Single Family- Active Listings vs. Sold Listings 2001 thru 2008 THIRD QUARTER

#20 Price Range Number Active Number Sold Absorption Months Odds in Prior 90 Days Per Month Supply 90 days     0 - $40,000 138 118 39.3 3.5 85.5%   $40,001 - $60,000 200 81 27.0 7.4 40.5%   $60,001 - $80,000 270 95 31.7 8.5 35.1%   $80,001 - $100,000 375 102 34.0 11.0 27.2%   $100,001 - $120,000 515 148 49.3 10.4 28.7%   $120,001 - $140,000 973 234 78.0 12.5 24.0%   $140,001 - $160,000 1,064 259 86.3 12.3 24.3%   $160,001 - $180,000 854 220 73.3 11.7 25.7%   $180,001 - $200,000 827 161 53.7 15.4 19.4%   $200,001 - $225,000 579 170 56.7 10.2 29.3%   $225,001 - $250,000 727 118 39.3 18.5 16.2%   $250,001 - $300,000 961 176 58.7 16.4 18.3%   $300,001 - $350,000 551 103 34.3 16.1 18.6%   $350,001 - $400,000 446 64 21.3 20.9 14.3%   $400,001 - $500,000 483 88 29.3 16.5 18.2%   $500,001 - $750,000 451 51 17.0 26.5 11.3%   $750,001 - $1,000,000 185 12 4.0 46.3 6.4%   $1,000,001 + 168 8 2.7 63.0 4.7%   Total 9,767 2,208 736.0 13.3 22.6% This representation is based in whole or in part on data supplied by New Orleans Metropolitan Association of Realtors, St. Tammany Association of Realtors, Tangipahoa Board of Realtors, Baton Rouge Board of Realtors or their Multiple Listing Services. Neither the Boards, Associations, nor their MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Boards, Associations or their MLS may not reflect all real estate activity for all years. Source: LATTER & BLUM Research Division Absorption Report for Greater New Orleans Area (Sales as of 10/31/08)

This representation is based in whole or in part on data supplied by New Orleans Metropolitan Association of Realtors, St. Tammany Association of Realtors, Tangipahoa Board of Realtors, Baton Rouge Board of Realtors or their Multiple Listing Services. Neither the Boards, Associations, nor their MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Boards, Associations or their MLS may not reflect all real estate activity for all years. #21 Source: LATTER & BLUM Research Division Units Sold by Area Greater New Orleans

This representation is based in whole or in part on data supplied by New Orleans Metropolitan Association of Realtors, St. Tammany Association of Realtors, Tangipahoa Board of Realtors, Baton Rouge Board of Realtors or their Multiple Listing Services. Neither the Boards, Associations, nor their MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Boards, Associations or their MLS may not reflect all real estate activity for all years. #22 Source: LATTER & BLUM Research Division Units Sold by Area Jefferson & Orleans Parishes

This representation is based in whole or in part on data supplied by New Orleans Metropolitan Association of Realtors, St. Tammany Association of Realtors, Tangipahoa Board of Realtors, Baton Rouge Board of Realtors or their Multiple Listing Services. Neither the Boards, Associations, nor their MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Boards, Associations or their MLS may not reflect all real estate activity for all years. #23 Source: LATTER & BLUM Research Division Units Sold by Area St. Tammany Parish

This representation is based in whole or in part on data supplied by New Orleans Metropolitan Association of Realtors, St. Tammany Association of Realtors, Tangipahoa Board of Realtors, Baton Rouge Board of Realtors or their Multiple Listing Services. Neither the Boards, Associations, nor their MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Boards, Associations or their MLS may not reflect all real estate activity for all years. #24 Source: LATTER & BLUM Research Division Units Sold by Area Greater Baton Rouge

Orleans Parish Sold Foreclosures There are over 179,000 properties on the tax rolls of Orleans Parish yet only 451 real estate foreclosures took place in 2007! ( .03% rate of foreclosure! “Declining Market?” )

Jefferson Parish Sold Foreclosures

St. Tammany Parish Sold Foreclosures

Greater New Orleans Total Sold Foreclosures (Jefferson, Orleans & St. Tammany Parishes)

Baton Rouge Sold Foreclosures