1. STATE OF THE MARKET JANUARY 27, 201512:30 PM

2. +

3. +5.7% (+322)

4. # Sold Whole Market + 5.7% Resale Market? New Construction ? +14.5% - 14.1% (+332) 5996 4431 1565

5. EXISTING HOMES SALE BY THE NUMBERS

6. 18% - Below $50,000 (+ 561) 78% - Below $180,000 28% Foreclosure Sales Median $/S.F. - $73/S.F. -1.83% (Avg $72,000 at avg $45/s.f.) Median Price - $117,000 Median S.F. - 1636 s.f. -1.75% -0.67%

7. 78% of all Sales Residential Sales are Below $180,000

8. 6Months

10. We are selling 368 Resales/Month!

11. 3,412 Houses for Sale Today

12. 3,412 Houses for Sale today Selling 368 Houses/Month 3,412/368 = 9.27 Months 6 Months is a Balanced Mkt 368 X 6 = 2,172 Houses 3,412 – 2,172 = 1,213 Too Much! 56% Too Many Houses!

13. 3,412 Actives 368 Sales Per Month 56% Too Much! SUPPLY DEMAND

14. Residential Resale Prices

15. DAYS ON MARKET Top 50% DOM Bottom 50% DOM 25 61 166 1238

16. NEW CONSTRUCTIN BY THE NUMBERS

17. (- 252) 93% - Below $300,000 83% - Between 160k and $300k Median $/S.F. - $89/S.F. +0.04% Median Price - $216,000 Median S.F - 2409 s.f. +1.69% +1.30%

18. 93% of All New Construction Sales happen Below $300,000

20. New Construction Prices 2014 $89

21. 2015

22. The Important Numbers!

23. Existing Supply! 56% Too Much!

24. 6 Months is a Balanced Mkt 368 X 6 = 2,172 Houses 3,412 – 2,172 = 1,213 Too Much! 56% Too Many Houses!

25. Land Costs Development Costs Material & Labor New Construction

29. RealtyTrac – Gen Y (1980)

30. Great Prices! Historic Low Interest Rates!

33. Lose 16,000 military and civilian personnel by 2020 under the worst-case scenario. Fayetteville economy could lose 21,500 jobs Cause more than 40,000 people to move from the Fayetteville area according to the same study.