1.Prudenal*Gary*Greene,*Realtors***9000*Forest*Crossing*Drive*/*The*Woodlands,*TX*77381**/**281D367D3531*

2. The Woodlands Texas Real Estate ReportProperties Placed Under Contract - Month to Month / 2008 to 2012400323325303 275250196175139Jan Feb MarAprMay Jun Jul Aug SepOct Nov Dec 20122011 2010 2009 2008JanFebMar Apr MayJun JulAugSep OctNovDec 2012 139196275 303 323 2011 161145236 232 265272245 212182 153122125 2010 111166224 269 188177194 175167 167121126 2009 114158172 207 224224229 173169 156120109 2008 179185201 259 273247214 187117 126109100Prudential Gary Greene, Realtors - 9000 Forest Crossing, The Woodlands Texas / 281-367-3531Data obtained from the Houston Association of Realtors Multiple Listing Service - Single Family/TheWoodlands TX 3. The Woodlands Texas Real Estate Report Unsold Listing Inventory - Month to Month / 2008 to 201213001125 950 775 685695 695 699665 600 JanFeb MarAprMayJunJul Aug SepOct Nov Dec Category Title 2012201120102009 2008 Jan FebMar AprMayJun JulAug Sep Oct Nov Dec 2012685 695 695 699 665 2011874 95610011045 1060 990 952 951875 854 803 746 2010699 776 837 918 928 1001108411071058988 878 869 2009762 819 831 890 931920 973 933863 807 783 746 2008602 675 729 774 885858 910 909880 800 813 799 Prudential Gary Greene, Realtors - 9000 Forest Crossing, The Woodlands Texas / 281-367-3531 Data obtained from the Houston Association of Realtors Multiple Listing Service - Single Family/TheWoodlands TX 4. Sold Average vs. Median Price2 Years (Monthly) 05/01/10 - 05/31/12KEY INFORMATIONAverage336.390.098,073.24 2.28Median -556.75-0.20-13,362.06 -4.76MLS: HAR Period:2 Years (Monthly) Price: All Construction Type:All Bedrooms: All Bathrooms:All Lot Size: AllProperty Types:Single-Family: (Free Standing, Patio Home)Sq Ft:AllSublocations:1071 of 206/02/12 Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors). 2012 - 2013 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors 5. Market Dynamics Prudential Gary Greene, RealtorsSold Average vs. Median Price 2 Years (Monthly) 05/01/10 - 05/31/12Time Period # Properties SoldSold Average $Sold Median $Average $ - Median $Median $ as % of Average $Sold Avg DOMMay-12 231368,579290,000 78,57978.7 66Apr-12 211360,656265,375 95,28173.6 68Mar-12 190366,555291,000 75,55579.4 65Feb-12 112341,316283,850 57,46683.2 76Jan-1297428,281258,000170,28160.2 78Dec-11 153374,040293,770 80,27078.5 80Nov-11 131326,620253,000 73,62077.5 80Oct-11 155304,773229,000 75,77375.1 72Sep-11 179377,317249,000128,31766.0 65Aug-11 273393,468272,000121,46869.1 77Jul-11 248313,247261,511 51,73683.5 74Jun-11 241357,016285,000 72,01679.8 69May-11 217370,895299,000 71,89580.6 71Apr-11 179324,962262,000 62,96280.6 77Mar-11 164402,373267,500134,87366.5 85Feb-11 114358,029285,495 72,53479.7102Jan-1190364,473272,500 91,97374.8 90Dec-10 151343,298260,000 83,29875.7 93Nov-10 150300,939235,500 65,43978.3 76Oct-10 138361,357244,450116,90767.6 79Sep-10 160364,563281,500 83,06377.2 79Aug-10 189411,728316,000 95,72876.8 79Jul-10 170382,644329,000 53,64486.0 73Jun-10 225358,401285,000 73,40179.5 62May-10 199315,575275,000 40,57587.1 582 of 2 06/02/12 Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors). 2012 - 2013 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors 6. Average $/SQFT (Sold) 2 Years (Monthly) 05/01/10 - 05/31/12KEY INFORMATIONSold $/SQFT0.120.112.97 2.54MLS: HAR Period: 2 Years (Monthly)Price: All Construction Type:All Bedrooms: All Bathrooms:All Lot Size: AllProperty Types:Single-Family: (Free Standing, Patio Home)Sq Ft:AllSublocations:1071 of 206/02/12 Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors). 2012 - 2013 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors 7. Market Dynamics Prudential Gary Greene, RealtorsAverage $/SQFT (Sold)2 Years (Monthly) 05/01/10 - 05/31/12 FOR SALE UNDER CONTRACTSOLD EXPIRED NEW LISTINGSTime Avg$/ Avg$/Avg$/Avg$/Avg$/Period#Avg $SQFT SQFT # Avg $ SQFT SQFT # Avg $SQFT SQFT# Avg $ SQFT SQFT# Avg $ SQFT SQFTMay-12 1,105535,7833,401158326384,2033,074125231368,5793,046121114 444,3003,264136355390,672 3,079 127Apr-12 1,124544,3103,428159288404,7453,143129211360,6562,989121 86 487,0473,285148372428,863 3,135 137Mar-12 1,095538,8143,428157256390,9333,090127190366,5553,091119 87 432,8163,170137374401,880 3,098 130Feb-12987 550,8623,459159181362,2862,988121112341,3163,058112 85 452,1033,273138251410,274 3,116 132Jan-12957 564,2293,519160129395,3203,116127 97428,2813,188134 92 524,4523,631144238437,069 3,245 135Dec-11955 571,3093,523162123429,8333,147137153374,0403,064122113 502,5293,382149158478,027 3,303 145Nov-11 1,029546,6593,466158114383,9613,031127131326,6202,861114118 412,4483,200129176471,711 3,057 154Oct-11 1,115518,8913,423152142342,7372,900118155304,7732,816108120 420,0303,136134209435,478 3,210 136Sep-11 1,190504,2793,381149163339,4242,849119179377,3172,995126121 472,8693,421137268400,952 3,095 130Aug-11 1,263491,4543,322148197336,9422,821119273393,4683,102127144 428,4163,099136264373,936 3,022 124Jul-11 1,375489,2123,312147233411,7703,104133248313,2472,884109143 382,7693,024127318393,030 3,037 129Jun-11 1,455486,1343,309147251388,7533,054127241357,0163,004119147 422,2153,128135358412,931 3,157 131May-11 1,468480,3743,294146241373,2863,008124217370,8953,110119130 428,7013,275131362386,167 3,081 125Apr-11 1,436483,5513,291147215358,4872,974121179324,9622,883113115 451,3753,192141394434,852 3,185 136Mar-11 1,376474,4203,255146215388,8333,092126164402,3733,160127119 387,8572,881135417418,645 3,074 136Feb-11 1,193481,0433,280147132370,6593,003123114358,0293,120115102 458,1473,140146272389,286 3,045 128Jan-11 1,173481,7853,289146146407,5813,125130 90364,4732,996122106 354,9862,985119267370,965 2,998 124Dec-10 1,155487,1683,291148111370,9753,017123151343,2983,001114138 401,5512,962136169512,385 3,322 154Nov-10 1,233466,7393,249144116359,7292,952122150300,9392,726110131 440,2653,234136218376,171 2,999 125Oct-10 1,322454,3913,221141148340,7522,848120138361,3573,026119159 357,1703,047117250387,392 3,047 127Sep-10 1,378457,6483,232141154403,3753,001132160364,5633,021118152 425,4053,256131264377,982 3,018 125Aug-10 1,452450,8973,207140160378,0033,046124189411,7283,286126178 356,0192,883124301355,253 2,923 122Jul-10 1,487457,0633,251140186370,4083,067121170382,6443,156121150 419,8993,238130367368,358 2,990 123Jun-10 1,431474,2033,293144165405,6623,191127225358,4013,003119146 460,1763,079149376402,683 2,975 135May-10 1,353486,1793,363144168418,8383,127134199315,5752,844111130 463,5323,307140342404,122 3,114 130 2 of 206/02/12Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors). 2012 - 2013 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors 8. Average DOM for Under Contract Properties2 Years (Monthly) 05/01/10 - 05/31/12KEY INFORMATIONDOM-0.67-0.81-16.13-19.47MLS: HAR Period: 2 Years (Monthly)Price: All Construction Type:All Bedrooms: All Bathrooms:All Lot Size: AllProperty Types:Single-Family: (Free Standing, Patio Home)Sq Ft:AllSublocations:1071 of 206/02/12 Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors). 2012 - 2013 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors 9. Market Dynamics Prudential Gary Greene, RealtorsAverage DOM for Under Contract Properties 2 Years (Monthly) 05/01/10 - 05/31/12Time # UnderPeriodContract Avg DOMAvg CDOMMay-12326 52 85Apr-12288 54 81Mar-12256 68 113Feb-12181 63 92Jan-12129 80 133Dec-11123 65 114Nov-11114 91 130Oct-11142 69 94Sep-11163 75 113Aug-11197 74 108Jul-11233 73 102Jun-11251 77 119May-11241 64 100Apr-11215 73 100Mar-11215 75 123Feb-11132 77 134Jan-11146 102154Dec-10111 102156Nov-10116 89 125Oct-10148 72 106Sep-10154 83 138Aug-10160 80 116Jul-10186 75 127Jun-10165 74 108May-10168 61 97 2 of 206/02/12Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors). 2012 - 2013 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors 10. Months Supply of Inventory (UC Calculation)2 Years (Monthly) 05/01/10 - 05/31/12KEY INFORMATIONMSI-UC -0.16-2.11-3.80 -50.71MLS: HAR Period: 2 Years (Monthly)Price: All Construction Type:All Bedrooms: All Bathrooms:All Lot Size: AllProperty Types:Single-Family: (Free Standing, Patio Home)Sq Ft:AllSublocations:1071 of 206/02/12 Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors). 2012 - 2013 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors 11. Market Dynamics Prudential Gary Greene, RealtorsMonths Supply of Inventory (UC Calculation) 2 Years (Monthly) 05/01/10 - 05/31/12Time # For Sale Last # UnderPeriodMSINAR MSI Day of MonthContract# SoldMay-12 2.0 2.9665 326 231Apr-12 2.6 3.6750 288 211Mar-12 2.9 4.0752 256 190Feb-12 4.0 6.4721 181 112Jan-12 5.7 7.6736 129 97Dec-11 5.8 4.7719 123 153Nov-11 7.0 6.1797 114 131Oct-11 6.0 5.5853 142 155Sep-11 5.6 5.1906 163 179Aug-11 4.7 3.4922 197 273Jul-11 4.3 4.0999 233 248Jun-11 4.2 4.41,057 251 241May-11 4.6 5.11,097 241 217Apr-11 5.1 6.21,106 215 179Mar-11 4.8 6.41,042 215 164Feb-11 7.3 8.4959 132 114Jan-11 6.3 10.2 921 146 90Dec-10 8.2 6.0906 111 151Nov-10 8.5 6.6986 116 150Oct-10 6.9 7.41,015 148 138Sep-10 7.0 6.71,072 154 160Aug-10 7.0 5.91,114 160 189Jul-10 6.2 6.81,151 186 170Jun-10 6.8 5.01,120 165 225May-10 6.3 5.31,055 168 199 2 of 206/02/12Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors). 2012 - 2013 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors 12. Sales Absorption 2 Years (Monthly) 05/01/10 - 05/31/12KEY INFORMATION% Under Contract 0.475.1711.33 124.10% Sold 0.211.784.9542.80MLS: HAR Period: 2 Years (Monthly)Price: All Construction Type:All Bedrooms: All Bathrooms:All Lot Size: AllProperty Types:Single-Family: (Free Standing, Patio Home)Sq Ft:AllSublocations:1071 of 206/02/12 Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors). 2012 - 2013 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors 13. Market Dynamics Prudential Gary Greene, Realtors Sales Absorption2 Years (Monthly) 05/01/10 - 05/31/12Time% of Properties % of Properties # Properties# Properties # PropertiesPeriodUnder ContractSold For Sale Under ContractSoldMay-1229.520.91,105326231Apr-1225.618.81,124288211Mar-1223.417.41,095256190Feb-1218.311.4987181112Jan-1213.510.195712997Dec-1112.916.0955123153Nov-1111.112.71,029114131Oct-1112.713.91,115142155Sep-1113.715.01,190163179Aug-1115.621.61,263197273Jul-1117.018.01,375233248Jun-1117.216.61,455251241May-1116.414.81,468241217Apr-1115.012.51,436215179Mar-1115.611.91,376215164Feb-1111.19.6 1,193132114Jan-1112.47.7 1,17314690Dec-109.6 13.11,155111151Nov-109.4 12.21,233116150Oct-1011.210.41,322148138Sep-1011.211.61,378154160Aug-1011.013.01,452160189Jul-1012.511.41,487186170Jun-1011.515.71,431165225May-1012.414.71,353168199 2 of 206/02/12Information not guaranteed. 2012 - 2013 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors). 2012 - 2013 Houston Association of Realtors Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Houston Association of Realtors