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» Colorado rank: 48 90+ Day Delinquency Rate Foreclosure Rate February 2013 1.6% Unemployment Rate 1.0% 7.2% year ago 2.0% 1.6% 8.2% year-over-year change -19.1% -36.7% -12.2% Top County Las animas CounTy 90+ Day Delinquency Rate Foreclosure Rate February 2013 2.3% 4.0% year ago 3.0% 2.6% year-over-year change -23.4% 54.1% Top Core-Based statistical area Canon CiTy, Co 90+ Day Delinquency Rate Foreclosure Rate February 2013 1.8% 1.8% year ago 2.0% 2.1% year-over-year change -11.3% -11.8% note: The 90+ day delinquecy rate is the percentage of outstanding mortgage loans that are seriously delinquent. The foreclosure rate is the percentage of outstanding mortgage loans currently in foreclosure. State rank is based on the February 2013 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary February 2013 figures released by the Bureau of Labor Statistics. All other data courtesy of LPS Applied Analytics. Colorado Re/Max Alliance & The Haas Team ZAC BROWN 303-456-7790 Direct || 303-619-4803 Cell www.zacbrownrealestate.com www.thehaasteam.com zaclbrown@aol.com IN THE NEWS RE/MAX Reports Inventory Remains a Problem Housing supply remains a major concern for RE/MAX and its agents, according to a report released by the Denver-based franchisor. The RE/MAX National Housing Report for the month of February shows home inventory fell 29.2 percent year-over-year, resulting in a 4.8-month supply of homes— well below the 6.0-month supply that is generally characterized as a "healthy" market. According to RE/MAX's February report, extremely low supply levels continue to be seen in cities like San Francisco, California (1.1-month supply); Denver, Colorado (1.6-month supply); and Washington, D.C. (2.0-month supply). As home prices continue to recover, RE/MAX says it expects to see more homeowners achieve positive equity, creating a more stable and sustainable environment. The drop in supply led to a decline in average days on market. By RE/MAX's measurement, the average number of days a home sold in February sat on the market was 89—a slight increase of two days from January's average, but a substantial drop from 103 days a year earlier. February's average of 89 marks the ninth time in the past year that the days on market average has come in below 90. Beyond the supply constraints reported in markets across the country, RE/MAX says 2012's positive housing trends continued to build in February. With data representing 52 metro areas, the company's report shows home sales rose 0.9 percent month-over-month and 2.3 percent year-over-year. According to RE/ MAX, February is the 20th month in a row to see sales rise higher than they were one year earlier. Of the 52 areas surveyed for February's report, 29 reported higher sales on an annual basis and 10 reported double-digit gains, including Boise, Idaho (21.6 percent); Burlington, Vermont (15.4 percent); and Las Vegas, Nevada (14.1 percent). RE/MAX also noted "move-up" buyers now appear to be outnumbering investors and first-time buyers. This shift marks "a return to a more traditional market makeup," the company said. The median home price also increased overall, rising to $160,500—3.5 percent above January and 7.0 percent above February 2012. February was the 13th straight month in which the median price has been higher than the same month a year earlier. Only four metros recorded annual declines in prices: Los Angeles, California (-8.7 percent); Hartford, Connecticut (-7.2 percent); Trenton, New Jersey (-3.0 percent); and Anchorage, Alaska (-2.1 percent). Of the 48 metros reporting yearover-year price gains, 21 saw double-digit increases, including Atlanta, Georgia, VISIT US ONLINE @ DSNEWS.COM which experienced a 50 percent increase in its median price between February 2012 and February 2013. "It's clear that the housing recovery is real and is moving full speed ahead into 2013," said RE/MAX CEO Margaret Kelly. "Consumers recognize that we've hit the bottom, and real estate is offering some great opportunities with low prices and low interest rates. This is an attractive combination that most of us will never see again in our lifetimes." STAT INSIGHT 360 Maximum number of allowable days to complete foreclosure on a Colorado home with a mortgage backed by one of the GSEs. Source: Fannie Mae Connecticut rank: 8 90+ Day Delinquency Rate 3.2% Foreclosure Rate February 2013 Unemployment Rate 5.0% 8.0% year ago 2.8% 5.6% 8.1% year-over-year change 14.7% -9.6% -1.2% Top County Windham CounTy 90+ Day Delinquency Rate February 2013 4.3% Foreclosure Rate 7.7% year ago 4.1% 8.3% year-over-year change 3.4% -6.3% Top Core-Based Statistical area WillimanTiC, CT 90+ Day Delinquency Rate February 2013 4.3% Foreclosure Rate 7.7% year ago 4.1% 8.3% year-over-year change 3.4% -6.3% note: The 90+ day delinquecy rate is the percentage of outstanding mortgage loans that are seriously delinquent. The foreclosure rate is the percentage of outstanding mortgage loans currently in foreclosure. State rank is based on the February 2013 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary February 2013 figures released by the Bureau of Labor Statistics. All other data courtesy of LPS Applied Analytics. 85

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