﻿<?xml version="1.0" encoding="utf-8"?><!--RSS generated by GDRSSFeeds v1.0 at Mon, 06 Sep 2010 02:11:51 GMT--><rss version="2.0"><channel><title>BigWaterProperties Blog</title><link>http://bigwaterproperties.com/</link><description>BigWaterProperties Blog is a source of information about real estate, the real estate markets in North Kitsap County and Eastern Jefferson County and issues surrounding waterfront properties. There are also personal observations about life in those areas.</description><language>en-us</language><lastBuildDate>Fri, 30 Jul 2010 17:45:00 GMT</lastBuildDate><ttl>10</ttl><generator>GDRSSFeeds v1.0</generator><item><title>Zestimates</title><link>http://bigwaterproperties.com/blog/2010/07/30/zestimates</link><description>&lt;p style="margin: 0in 0in 0pt"&gt;If you have searched for real estate on-line, the chances are good that you have looked at, or at least heard of Zillow. Zillow is one of the most popular real estate sites on the web, and all of Windermere’s listings are posted on it. Of all the tools the site has to offer, the most frequently discussed one has to be the Zestimate. A Zestimate is Zillow’s estimate of the current value of a home, and can be obtained for millions of houses in the US, whether they are on the market or not. &lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&amp;nbsp;&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;Discussions about Zestimates are primarily regarding their accuracy. Zillow clearly points out on their web site that a Zestimate is calculated using statistical methods, not by actually visiting the home to understand its unique features. Statistical methods are most applicable in urban areas and developments where square footage, the number of bedrooms, lot size and similar data can do a good job of describing a home. They are much less useful for unique properties such as waterfront or view properties, properties that differ significantly from those surrounding them, or properties with significant value in outbuildings and land improvements.&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&amp;nbsp;&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;Zillow recognizes the limitations of Zestimates and publishes statistics about their accuracy on their web site. According to the site, Kitsap County enjoys one of the highest Zestimate accuracy rates in Washington. Even so, there is a median Zestimate error of 9.5% in the county, and a Zestimate is within 10% of the actual selling price only 52% of the time. &lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&amp;nbsp;&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;To put that in perspective, if 100 homes sold for $300,000 in Kitsap County, 52% of them would have Zestimates that ranged between $270,000 and $330,000, a $60,000 spread. The remaining 48% would fall outside that range. &lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&amp;nbsp;&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;It is always interesting to know what your house might be worth today, and a Zestimate can give you a feel for that. But if you are considering buying or selling a home, the margin of error in a Zestimate is too wide. You need a CMA (comparative market analysis) from a reputable real estate agent or an appraisal to know the price you should ask or pay.&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&amp;nbsp;&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;To learn more about Zestimates click on the link below:&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&amp;nbsp;&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&lt;strong&gt;&lt;span style="color: #800000"&gt;&lt;span style="color: #800000"&gt;&lt;a href=" http://www.zillow.com/wikipages/What-is-a-Zestimate/"&gt;&lt;strong&gt;&lt;span style="color: #800000"&gt;&lt;span style="color: #800000"&gt;Learn More&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;/a&gt;&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;a href="http://www.zillow.com/wikipages/What-is-a-Zestimate/"&gt;&lt;u&gt;&lt;/u&gt;&lt;/a&gt;&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&amp;nbsp;&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;To see the full accuracy statistics on Zestimates &amp;nbsp;for all areas of the US click on the link below. After clicking on the link, to see details about counties in Washington, click on States/Counties in the table header, then on Washington:&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&amp;nbsp;&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&lt;strong style="color: #800000"&gt;&lt;a href="http://www.zillow.com/howto/DataCoverageZestimateAccuracy.htm"&gt;&lt;strong style="color: #800000"&gt;Zestimate Accuracy&lt;/strong&gt;&lt;/a&gt;&lt;/strong&gt;&lt;/p&gt;&lt;P&gt;&lt;a href="http://bigwaterproperties.com/blog/2010/07/30/zestimates" target="_blank"&gt;Permalink&lt;/a&gt; | &lt;a href="http://bigwaterproperties.com/blog/2010/07/30/zestimates#comments" target="_blank"&gt;Comments&lt;/a&gt;&lt;/P&gt;</description><author>Wayne Paulson</author><guid isPermaLink="true">http://bigwaterproperties.com/blog/2010/07/30/zestimates</guid><pubDate>Fri, 30 Jul 2010 17:45:00 GMT</pubDate></item><item><title>July 10 West Sound Market Statistics</title><link>http://bigwaterproperties.com/blog/2010/07/30/july-10-west-sound-market-statistics</link><description>&lt;table style="margin: auto auto auto 4.8pt; width: 360.6pt; border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="481"&gt;
    &lt;tbody&gt;
        &lt;tr style="height: 13.8pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 153.6pt; padding-right: 5.4pt; height: 13.8pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="205" colspan="2" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&lt;strong&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Bainbridge&lt;/span&gt;&lt;/strong&gt;&lt;strong&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt; Island&lt;/span&gt;&lt;/strong&gt;&lt;strong&gt;&lt;/strong&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 13.8pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="96" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;strong&gt;&lt;em&gt;&lt;span style="font-family: 'Arial','sans-serif'; color: #969696; font-size: 10pt"&gt;25-Jul-10&lt;/span&gt;&lt;/em&gt;&lt;/strong&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 13.8pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;strong&gt;&lt;em&gt;&lt;span style="font-family: 'Arial','sans-serif'; color: #969696; font-size: 10pt"&gt;Trend&lt;/span&gt;&lt;/em&gt;&lt;/strong&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 153.6pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="205" colspan="2" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Total Active Listings&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="96" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;270&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Up&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 153.6pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="205" colspan="2" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Average List Price&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="96" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;$954,773 &lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Up &lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 153.6pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="205" colspan="2" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Average Market Days (Sold)&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="96" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;92&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Down&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 153.6pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="205" colspan="2" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Average Market Days (Active)&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="96" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;121&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Steady&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 15pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 153.6pt; padding-right: 5.4pt; height: 15pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="205" colspan="2" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Number of Pending New Sales&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 15pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="96" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;8&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 15pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Up Moderately&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 153.6pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="205" colspan="2" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Average Sales Price (Closed)&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="96" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;$619,882 &lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Down Moderately&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 153.6pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="205" colspan="2" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Sales Price to List Price Ratio&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="96" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;97.44%&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Up Slightly&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.8pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 153.6pt; padding-right: 5.4pt; height: 13.8pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="205" colspan="2" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 13.8pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="96" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 13.8pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 153.6pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="205" colspan="2" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="96" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.8pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 153.6pt; padding-right: 5.4pt; height: 13.8pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="205" colspan="2" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&lt;strong&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;North Kitsap&lt;/span&gt;&lt;/strong&gt;&lt;strong&gt;&lt;/strong&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 13.8pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="96" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;strong&gt;&lt;em&gt;&lt;span style="font-family: 'Arial','sans-serif'; color: #969696; font-size: 10pt"&gt;25-Jul-10&lt;/span&gt;&lt;/em&gt;&lt;/strong&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 13.8pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;strong&gt;&lt;em&gt;&lt;span style="font-family: 'Arial','sans-serif'; color: #969696; font-size: 10pt"&gt;Trend&lt;/span&gt;&lt;/em&gt;&lt;/strong&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 153.6pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="205" colspan="2" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Total Active Listings&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="96" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;421&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Up&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 153.6pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="205" colspan="2" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Average List Price&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="96" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;$426,323 &lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Down Slightly&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 15pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 153.6pt; padding-right: 5.4pt; height: 15pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="205" colspan="2" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Average Market Days (Sold)&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 15pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="96" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;87&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 15pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Down Slightly&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 15pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 153.6pt; padding-right: 5.4pt; height: 15pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="205" colspan="2" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Average Market Days (Active)&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 15pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="96" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;132&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 15pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Steady&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 153.6pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="205" colspan="2" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Number of Pending New Sales&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="96" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;12&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Down Moderately&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 153.6pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="205" colspan="2" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Average Sales Price (Closed)&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="96" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;$321,069 &lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Up &lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 153.6pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="205" colspan="2" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Sales Price to List Price Ratio&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="96" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;98.18%&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Steady&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.8pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 153.6pt; padding-right: 5.4pt; height: 13.8pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="205" colspan="2" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 13.8pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="96" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 13.8pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 153.6pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="205" colspan="2" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="96" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.8pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 153.6pt; padding-right: 5.4pt; height: 13.8pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="205" colspan="2" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&lt;strong&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;South East Jefferson&lt;/span&gt;&lt;/strong&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 13.8pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="96" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;strong&gt;&lt;em&gt;&lt;span style="font-family: 'Arial','sans-serif'; color: #969696; font-size: 10pt"&gt;25-Jul-10&lt;/span&gt;&lt;/em&gt;&lt;/strong&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 13.8pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;strong&gt;&lt;em&gt;&lt;span style="font-family: 'Arial','sans-serif'; color: #969696; font-size: 10pt"&gt;Trend&lt;/span&gt;&lt;/em&gt;&lt;/strong&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 153.6pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="205" colspan="2" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Total Active Listings&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="96" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;665&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Up&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 153.6pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="205" colspan="2" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Average List Price&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="96" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;$411,303 &lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Down&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 153.6pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="205" colspan="2" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Average Market Days (Sold)&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="96" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;142&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Down Moderately&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 153.6pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="205" colspan="2" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Average Market Days (Active)&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="96" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;181&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Up Slightly&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 153.6pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="205" colspan="2" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Number of Pending New Sales&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="96" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;3&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Down&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 153.6pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="205" colspan="2" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Average Sales Price (Closed)&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="96" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;$292,172 &lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Down&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.8pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 143pt; padding-right: 5.4pt; height: 13.8pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="191" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Sales Price to List Price Ratio&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 82.6pt; padding-right: 5.4pt; height: 13.8pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="110" colspan="2" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;93.81%&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 13.8pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Down&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
    &lt;/tbody&gt;
&lt;/table&gt;&lt;P&gt;&lt;a href="http://bigwaterproperties.com/blog/2010/07/30/july-10-west-sound-market-statistics" target="_blank"&gt;Permalink&lt;/a&gt; | &lt;a href="http://bigwaterproperties.com/blog/2010/07/30/july-10-west-sound-market-statistics#comments" target="_blank"&gt;Comments&lt;/a&gt;&lt;/P&gt;</description><author>Wayne Paulson</author><guid isPermaLink="true">http://bigwaterproperties.com/blog/2010/07/30/july-10-west-sound-market-statistics</guid><pubDate>Fri, 30 Jul 2010 17:37:00 GMT</pubDate></item><item><title>Avoid the Hesitation Blues</title><link>http://bigwaterproperties.com/blog/2010/07/30/avoid-the-hesitation-blues</link><description>In the current real estate market many people find it hard to decide their best course of action. Prices have been dropping, so buyers wonder if they should wait to see if they will go lower before they buy. Sellers know that their home was once worth more than it is now, and wonder if they should wait until it goes back up before they sell. If you fall into one of these categories, here are a few facts to keep in mind.
&lt;p&gt;As a seller you should consider that there are still many bank foreclosure properties yet to come on the market, as well as a backlog of other owners waiting for the conditions to be right to sell who will begin to enter the market when conditions seem better. These two supplies of homes entering the market will put downward pressure on prices, minimizing the likelihood of significant sustained price increases in the near future. My personal feeling is that prices in our area will be flat for the next two to three years and could take several years more to reach the peak we saw in 2006-2007. While it doesn’t feel good to sell a home for less than it used to be worth, chances are that you will be buying a replacement home at a reduced price as well. So if now is the right time to sell for personal reasons, waiting for the market to improve could be a long and unnecessary delay in getting your life moving in the direction you have in mind. &lt;/p&gt;
&lt;p&gt;&amp;nbsp;As a buyer, you should consider the fact that average list prices in the area I watch have been moving up and down around approximately the same level since mid to early 2009. At the same time, interest rates are currently at record lows, a 30-year mortgage averaging 4.54% with .7 points this last week. While interest rate increases have not yet occurred as predicted, they will begin to go up, probably in the next few months. Every 1/8 point increase in the interest rate is equivalent to increasing the home price by about 1.5%. For example:&lt;/p&gt;
&lt;p&gt;Home Price = $300,000&lt;/p&gt;
&lt;p&gt;Interest rate increases from 4.5% to 4.625%&lt;/p&gt;
&lt;p&gt;Equivalent to price increasing to approximately $304,500&lt;/p&gt;
&lt;p&gt;Because of this, assuming you would be financing the purchase, it is very likely that the cost of buying a home will increase in the coming months, even in the face of the probability that prices won’t be increasing. If you have considering buying and have the means to do it, now is a very good time to buy. Could there be an even better time in the future? Certainly, but trying to hit the very top or very bottom of a market risks missing the opportunity all together.&lt;/p&gt;&lt;P&gt;&lt;a href="http://bigwaterproperties.com/blog/2010/07/30/avoid-the-hesitation-blues" target="_blank"&gt;Permalink&lt;/a&gt; | &lt;a href="http://bigwaterproperties.com/blog/2010/07/30/avoid-the-hesitation-blues#comments" target="_blank"&gt;Comments&lt;/a&gt;&lt;/P&gt;</description><author>Wayne Paulson</author><guid isPermaLink="true">http://bigwaterproperties.com/blog/2010/07/30/avoid-the-hesitation-blues</guid><pubDate>Fri, 30 Jul 2010 17:22:00 GMT</pubDate></item><item><title>July 10 West Sound Market Graphs</title><link>http://bigwaterproperties.com/blog/2010/07/30/july-10-west-sound-market-graphs</link><description>&lt;div&gt;The graphs reached through the link below show the average market time, average list price and average sales price for homes over the past several years for North Kitsap County (NK), Southeast Jefferson County (SEJ) and Bainbridge Island (BI). At the time these graphs were created, the average sales price was&amp;nbsp;75 percent of the average list price for NK,&amp;nbsp;71 percent for SEJ and&amp;nbsp;65 percent for BI. These figures are&amp;nbsp;down from historic levels.
&lt;p&gt;The graphs continue to&amp;nbsp;show buyers markets. For now, average selling prices may have leveled, or at least, declines have moderated considerably. The selling prices in all three areas are hovering at levels last seen in 2005. Average selling prices in NK have shown a small short term upswing, the other two a small downward trend.&lt;/p&gt;
&lt;p&gt;Unit sales volumes are still down from levels earlier in the year in all three areas, with the lowest level in SEJ where the unit sales in a recent week represented less than 1/2% of the available inventory. That is a rate of just under 25% inventory turnover in a year.&lt;/p&gt;
&lt;p&gt;Inventories in NK and BI are continuing their usual increasing trend for this time of year, and are up about 4% and 5% respectively over last year at the same time. Inventories in SEJ are at record highs, up about 15% over the same time last year. &lt;/p&gt;
&lt;p&gt;This is still a good time to be a buyer. If you are a seller, you probably are a buyer as well.&lt;/p&gt;
&lt;/div&gt;
&lt;div&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;To view the graphs, click on the link below: &lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&amp;nbsp;&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&lt;strong&gt;&lt;span style="color: #800000"&gt;&lt;span style="color: #800000"&gt;&lt;a href="http://bigwaterproperties.com/index.cfm?fuseaction=page&amp;amp;page=14270"&gt;&lt;strong&gt;&lt;span style="color: #800000"&gt;&lt;span style="color: #800000"&gt;Market Graphs&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;/a&gt;&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;/p&gt;
&lt;/div&gt;&lt;P&gt;&lt;a href="http://bigwaterproperties.com/blog/2010/07/30/july-10-west-sound-market-graphs" target="_blank"&gt;Permalink&lt;/a&gt; | &lt;a href="http://bigwaterproperties.com/blog/2010/07/30/july-10-west-sound-market-graphs#comments" target="_blank"&gt;Comments&lt;/a&gt;&lt;/P&gt;</description><author>Wayne Paulson</author><guid isPermaLink="true">http://bigwaterproperties.com/blog/2010/07/30/july-10-west-sound-market-graphs</guid><pubDate>Fri, 30 Jul 2010 17:21:00 GMT</pubDate></item><item><title>March 10 West Sound Market Graphs</title><link>http://bigwaterproperties.com/blog/2010/04/12/march-10-west-sound-market-graphs</link><description>&lt;p style="margin: 0in 0in 0pt"&gt;The graphs reached through the link below show the average market time, average list price and average sales price for homes over the past several years for North Kitsap County (NK), Southeast Jefferson County (SEJ) and Bainbridge Island (BI). &lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&lt;br /&gt;
The graphs continue to&amp;nbsp;show buyer's markets, with average selling price trends showing dramatic shifts in two areas. The NK trend has started downward again, following a period when they seemed to be stabilizing. The SEJ average has dropped sharply following what was a similarly sharp rise. The BI average has climbed sharply again following an earlier sharp rise and fall. The volatility is largely driven by changes in the price range of homes being sold, and a low volume of sales over which to average those changes, but price declines on individual properties continue as well. &lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&lt;br /&gt;
Inventories are continuing their typical early spring increase in all three markets. &lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&amp;nbsp;&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;To view the graphs, click on the link below: &lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&amp;nbsp;&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&lt;strong&gt;&lt;span style="color: #800000"&gt;&lt;span style="color: #800000"&gt;&lt;a href="http://bigwaterproperties.com/index.cfm?fuseaction=page&amp;amp;page=14270"&gt;&lt;strong&gt;&lt;span style="color: #800000"&gt;&lt;span style="color: #800000"&gt;Market Graphs&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;/a&gt;&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;a href="http://bigwaterproperties.com/index.cfm?fuseaction=page&amp;amp;page=14270"&gt;&lt;u&gt;&lt;/u&gt;&lt;/a&gt;&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&amp;nbsp;&lt;/p&gt;&lt;P&gt;&lt;a href="http://bigwaterproperties.com/blog/2010/04/12/march-10-west-sound-market-graphs" target="_blank"&gt;Permalink&lt;/a&gt; | &lt;a href="http://bigwaterproperties.com/blog/2010/04/12/march-10-west-sound-market-graphs#comments" target="_blank"&gt;Comments&lt;/a&gt;&lt;/P&gt;</description><author>Wayne Paulson</author><guid isPermaLink="true">http://bigwaterproperties.com/blog/2010/04/12/march-10-west-sound-market-graphs</guid><pubDate>Mon, 12 Apr 2010 16:14:00 GMT</pubDate></item><item><title>How Is the Real Estate Market Doing?</title><link>http://bigwaterproperties.com/blog/2010/04/12/how-is-the-real-estate-market-doing</link><description>&lt;p style="margin: 0in 0in 0pt"&gt;2009 was a year of great uncertainty in the west sound real estate market. At the beginning of the year, prices were still falling, and it was not at all clear when they would level out. By the end of the year it was clear they had leveled, but it was still unclear how long they would stay that way.&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&amp;nbsp;&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;In North Kitsap (NK), unit sales for the year were actually up 3.6% over 2008, going from 524 homes sold to 543 homes sold. That statistic could be misleading however, since unit sales in 2008 were down 18.6% compared to 2007.&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&amp;nbsp;&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;While unit sales were up in NK, dollar volume was down from $181.8 million in 2008 to $175.7 million in 2009. This indicates both a reduction in the price for individual properties, and a shift in purchases away from upper end homes towards medium and lower priced homes. Fewer upper end home sales are largely a result of difficulty in obtaining jumbo loans for higher priced homes and the inability of potential buyers to free up the necessary funds by selling their homes in depressed markets. The increased sale of medium and lower priced home was aided by the first time home buyer tax credit that favored lower priced homes. Also, first time home buyers are not constrained by the need to sell an existing home.&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&amp;nbsp;&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;These numbers are summarized for NK as well as Bainbridge Island (BI) and South East Jefferson County (SEJ) in the tables below. Both SEJ and BI have had larger declines in unit sales and prices than North Kitsap.&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&amp;nbsp;&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;North Kitsap&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&amp;nbsp;&lt;/p&gt;
&lt;div align="center"&gt;
&lt;table style="border-bottom: medium none; border-left: medium none; border-collapse: collapse; border-top: medium none; border-right: medium none" border="1" cellspacing="0" cellpadding="0"&gt;
    &lt;tbody&gt;
        &lt;tr&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 81.9pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 1pt solid; padding-top: 0in" valign="top" width="109"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;Year&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 76.5pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 1pt solid; padding-top: 0in" valign="top" width="102"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;Homes Sold&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 76.5pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 1pt solid; padding-top: 0in" valign="top" width="102"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;Total Sales (millions)&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 112.5pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 1pt solid; padding-top: 0in" valign="top" width="150"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;Average Price&lt;/p&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 95.4pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 1pt solid; padding-top: 0in" valign="top" width="127"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;Median Price&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 81.9pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="109"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;2007&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 76.5pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="102"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;644&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 76.5pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="102"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;$247.5&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 112.5pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="150"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;$384,314&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 95.4pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="127"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;$340,000&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 81.9pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="109"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;2008&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 76.5pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="102"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;524&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 76.5pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="102"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;$181.8&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 112.5pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="150"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;$346,901&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 95.4pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="127"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;$319,248&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 81.9pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="109"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;2009&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 76.5pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="102"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;543&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 76.5pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="102"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;$175.7&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 112.5pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="150"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;$323,647&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 95.4pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="127"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;$289,900&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 81.9pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="109"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;Change &lt;br /&gt;
            2007 to 2009&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 76.5pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="102"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;-15.6%&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 76.5pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="102"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;-29.0%&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 112.5pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="150"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;-15.7%&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 95.4pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="127"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;-14.7%&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 81.9pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="109"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;Change &lt;br /&gt;
            2008 to 2009&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 76.5pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="102"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;3.6%&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 76.5pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="102"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;-3.3%&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 112.5pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="150"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;-6.7%&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 95.4pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="127"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;-9.2%&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
    &lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&amp;nbsp;&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;South East Jefferson County&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&amp;nbsp;&lt;/p&gt;
&lt;div align="center"&gt;
&lt;table style="border-bottom: medium none; border-left: medium none; border-collapse: collapse; border-top: medium none; border-right: medium none" border="1" cellspacing="0" cellpadding="0"&gt;
    &lt;tbody&gt;
        &lt;tr&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 81.9pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 1pt solid; padding-top: 0in" valign="top" width="109"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;Year&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 76.5pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 1pt solid; padding-top: 0in" valign="top" width="102"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;Homes Sold&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 76.5pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 1pt solid; padding-top: 0in" valign="top" width="102"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;Total Sales (millions)&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 112.5pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 1pt solid; padding-top: 0in" valign="top" width="150"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;Average Price&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 95.4pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 1pt solid; padding-top: 0in" valign="top" width="127"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;Median Price&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 81.9pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="109"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;2007&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 76.5pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="102"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;110&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 76.5pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="102"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;$46.3&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 112.5pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="150"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;$420,911&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 95.4pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="127"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;$352,500&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 81.9pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="109"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;2008&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 76.5pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="102"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;62&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 76.5pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="102"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;$21.2&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 112.5pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="150"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;$341,130&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 95.4pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="127"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;$317,500&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 10.75pt"&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 81.9pt; padding-right: 5.4pt; height: 10.75pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="109"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;2009&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 76.5pt; padding-right: 5.4pt; height: 10.75pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="102"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;61&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 76.5pt; padding-right: 5.4pt; height: 10.75pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="102"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;$20.0&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 112.5pt; padding-right: 5.4pt; height: 10.75pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="150"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;$327,211&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 95.4pt; padding-right: 5.4pt; height: 10.75pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="127"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;$283,000&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 10.75pt"&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 81.9pt; padding-right: 5.4pt; height: 10.75pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="109"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;Change &lt;br /&gt;
            2007 to 2009&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 76.5pt; padding-right: 5.4pt; height: 10.75pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="102"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;-44.5%&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 76.5pt; padding-right: 5.4pt; height: 10.75pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="102"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;-56.8%&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 112.5pt; padding-right: 5.4pt; height: 10.75pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="150"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;-22.2%&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 95.4pt; padding-right: 5.4pt; height: 10.75pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="127"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;-19.7%&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 10.75pt"&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 81.9pt; padding-right: 5.4pt; height: 10.75pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="109"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;Change &lt;br /&gt;
            2008 to 2009&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 76.5pt; padding-right: 5.4pt; height: 10.75pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="102"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;-1.6%&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 76.5pt; padding-right: 5.4pt; height: 10.75pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="102"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;-5.7%&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 112.5pt; padding-right: 5.4pt; height: 10.75pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="150"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;-4.1%&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 95.4pt; padding-right: 5.4pt; height: 10.75pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="127"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; -1.1%&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
    &lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&amp;nbsp;&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;Bainbridge Island&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&amp;nbsp;&lt;/p&gt;
&lt;div align="center"&gt;
&lt;table style="border-bottom: medium none; border-left: medium none; border-collapse: collapse; border-top: medium none; border-right: medium none" border="1" cellspacing="0" cellpadding="0"&gt;
    &lt;tbody&gt;
        &lt;tr&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 81.9pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 1pt solid; padding-top: 0in" valign="top" width="109"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;Year&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 76.5pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 1pt solid; padding-top: 0in" valign="top" width="102"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;Homes Sold&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 76.5pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 1pt solid; padding-top: 0in" valign="top" width="102"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;Total Sales (millions)&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 112.5pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 1pt solid; padding-top: 0in" valign="top" width="150"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;Average Price&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 95.4pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 1pt solid; padding-top: 0in" valign="top" width="127"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;Median Price&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 81.9pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="109"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;2007&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 76.5pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="102"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;332&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 76.5pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="102"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;$272.4&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 112.5pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="150"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;$820,569&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 95.4pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="127"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;$680,000&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 81.9pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="109"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;2008&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 76.5pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="102"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;187&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 76.5pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="102"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;$140.2&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 112.5pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="150"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;$749,862&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 95.4pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="127"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;$589,000&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 81.9pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="109"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;2009&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 76.5pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="102"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;214&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 76.5pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="102"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;$142.2&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 112.5pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="150"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;$664,545&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 95.4pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="127"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;$546,000&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 81.9pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="109"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;Change &lt;br /&gt;
            2007 to 2009&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 76.5pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="102"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;-35.5%&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 76.5pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="102"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;-47.8%&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 112.5pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="150"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;-19.0%&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 95.4pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="127"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;-19.7%&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 81.9pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="109"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;Change &lt;br /&gt;
            2008 to 2009&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 76.5pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="102"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;14.4%&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 76.5pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="102"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;1.4%&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 112.5pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="150"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;-11.4%&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: black 1pt solid; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 95.4pt; padding-right: 5.4pt; border-top: #f0f0f0; border-right: black 1pt solid; padding-top: 0in" valign="top" width="127"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;-7.3%&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
    &lt;/tbody&gt;
&lt;/table&gt;
&lt;/div&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&amp;nbsp;&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&lt;strong&gt;&lt;em&gt;This Year - 2010&lt;/em&gt;&lt;/strong&gt;&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&amp;nbsp;&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;We have just gone through a rough year in the economy as a whole and the real estate industry in particular. Industry experts are viewing 2010 with very mild optimism. The consensus is that price declines in the Puget Sound area will stop if they haven&amp;#239;&amp;#191;&amp;#189;t already, but price increases are not expected this year. I believe it will be at least a year, and possibly two years before we can expect any significant price increases in our area. &lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&amp;nbsp;&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;Economic theory predicts that price deflation stifles economic activity because buyers put off purchases, expecting that they can get a better deal at a later date. That certainly seems to have contributed to the slower pace of real estate purchases through 2009. If prices continue to remain stable, we should see some of those buyers who have been holding off beginning to enter the market. &lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&amp;nbsp;&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;Another factor putting upward pressure on prices is the lack of new construction creating new inventory. There is very little new building at the moment, and building permits are down sharply too, indicating that builders are not planning to start new building any time soon. &lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&amp;nbsp;&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;One factor putting downward pressure on prices is the entry of foreclosed properties onto the market. There has been concern that the banks will begin to dump this inventory onto the market at a faster pace driving prices down further. At a recent presentation I attended, a real estate industry economic expert pointed out that this would not be in a bank&amp;#239;&amp;#191;&amp;#189;s best interest, because it would drive down prices for their other property holdings, as well as properties in the neighborhood in which they hold mortgages. He concluded that, while these foreclosure properties will have a moderating effect on prices, they are unlikely to cause the overall prices to tumble.&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&amp;nbsp;&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;On the other hand, interest rates are believed to be as low as they will go at about 5% for a 30 year mortgage, and rates at about 6% are predicted by year end. &lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&amp;nbsp;&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;In summary:&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&amp;nbsp;&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;*Real estate prices are expected to remain flat throughout 2010 and possibly beyond.&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;*Unit sales are expected to increase, probably at a moderate pace.&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;*Affordability will decrease moderately as the year progresses due to mortgage interest rate increases.&lt;/p&gt;&lt;P&gt;&lt;a href="http://bigwaterproperties.com/blog/2010/04/12/how-is-the-real-estate-market-doing" target="_blank"&gt;Permalink&lt;/a&gt; | &lt;a href="http://bigwaterproperties.com/blog/2010/04/12/how-is-the-real-estate-market-doing#comments" target="_blank"&gt;Comments&lt;/a&gt;&lt;/P&gt;</description><author>Wayne Paulson</author><guid isPermaLink="true">http://bigwaterproperties.com/blog/2010/04/12/how-is-the-real-estate-market-doing</guid><pubDate>Mon, 12 Apr 2010 16:11:00 GMT</pubDate></item><item><title>March 10 West Sound Market Statistics</title><link>http://bigwaterproperties.com/blog/2010/04/12/march-10-west-sound-market-statistics</link><description>&lt;P style="MARGIN: 0in 0in 0pt"&gt;&lt;STRONG&gt;&lt;/STRONG&gt;&amp;nbsp;&lt;/P&gt;
&lt;P style="MARGIN: 0in 0in 0pt"&gt;&amp;nbsp;&lt;/P&gt;
&lt;TABLE style="MARGIN: auto auto auto 4.8pt; WIDTH: 360.6pt; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0 width=481&gt;
    &lt;TBODY&gt;
        &lt;TR style="HEIGHT: 13.8pt"&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 153.6pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.8pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=205 colSpan=2 noWrap&gt;
            &lt;P style="MARGIN: 0in 0in 0pt"&gt;&lt;STRONG&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;Bainbridge&lt;/SPAN&gt;&lt;/STRONG&gt;&lt;STRONG&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt; Island&lt;/SPAN&gt;&lt;/STRONG&gt;&lt;STRONG&gt;&lt;/STRONG&gt;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 1in; PADDING-RIGHT: 5.4pt; HEIGHT: 13.8pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=96 noWrap&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&lt;STRONG&gt;&lt;EM&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; COLOR: #969696; FONT-SIZE: 10pt"&gt;4-Apr-10&lt;/SPAN&gt;&lt;/EM&gt;&lt;/STRONG&gt;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 135pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.8pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=180&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&lt;STRONG&gt;&lt;EM&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; COLOR: #969696; FONT-SIZE: 10pt"&gt;Trend&lt;/SPAN&gt;&lt;/EM&gt;&lt;/STRONG&gt;&lt;/P&gt;
            &lt;/TD&gt;
        &lt;/TR&gt;
        &lt;TR style="HEIGHT: 13.2pt"&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 153.6pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=205 colSpan=2 noWrap&gt;
            &lt;P style="MARGIN: 0in 0in 0pt"&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;Total Active Listings&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 1in; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=96 noWrap&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;196&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 135pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=180&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;Up&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
        &lt;/TR&gt;
        &lt;TR style="HEIGHT: 13.2pt"&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 153.6pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=205 colSpan=2 noWrap&gt;
            &lt;P style="MARGIN: 0in 0in 0pt"&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;Average List Price&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 1in; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=96 noWrap&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;$936,903&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 135pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=180&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;Up&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
        &lt;/TR&gt;
        &lt;TR style="HEIGHT: 13.2pt"&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 153.6pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=205 colSpan=2 noWrap&gt;
            &lt;P style="MARGIN: 0in 0in 0pt"&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;Average Market Days (Sold)&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 1in; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=96 noWrap&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;150&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 135pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=180&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;Steady&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
        &lt;/TR&gt;
        &lt;TR style="HEIGHT: 13.2pt"&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 153.6pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=205 colSpan=2 noWrap&gt;
            &lt;P style="MARGIN: 0in 0in 0pt"&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;Average Market Days (Active)&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 1in; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=96 noWrap&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;143&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 135pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=180&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;Down&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
        &lt;/TR&gt;
        &lt;TR style="HEIGHT: 15pt"&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 153.6pt; PADDING-RIGHT: 5.4pt; HEIGHT: 15pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=205 colSpan=2 noWrap&gt;
            &lt;P style="MARGIN: 0in 0in 0pt"&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;Number of Pending New Sales&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 1in; PADDING-RIGHT: 5.4pt; HEIGHT: 15pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=96 noWrap&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;9&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 135pt; PADDING-RIGHT: 5.4pt; HEIGHT: 15pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=180&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;Down&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
        &lt;/TR&gt;
        &lt;TR style="HEIGHT: 13.2pt"&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 153.6pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=205 colSpan=2 noWrap&gt;
            &lt;P style="MARGIN: 0in 0in 0pt"&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;Average Sales Price (Closed)&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 1in; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=96 noWrap&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;$733,624&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 135pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=180&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;Up&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
        &lt;/TR&gt;
        &lt;TR style="HEIGHT: 13.2pt"&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 153.6pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=205 colSpan=2 noWrap&gt;
            &lt;P style="MARGIN: 0in 0in 0pt"&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;Sales Price to List Price Ratio&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 1in; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=96 noWrap&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;94.70%&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 135pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=180&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;Down&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
        &lt;/TR&gt;
        &lt;TR style="HEIGHT: 13.8pt"&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 153.6pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.8pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=205 colSpan=2 noWrap&gt;
            &lt;P style="MARGIN: 0in 0in 0pt"&gt;&amp;nbsp;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 1in; PADDING-RIGHT: 5.4pt; HEIGHT: 13.8pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=96 noWrap&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&amp;nbsp;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 135pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.8pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=180&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&amp;nbsp;&lt;/P&gt;
            &lt;/TD&gt;
        &lt;/TR&gt;
        &lt;TR style="HEIGHT: 13.2pt"&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 153.6pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=205 colSpan=2 noWrap&gt;
            &lt;P style="MARGIN: 0in 0in 0pt"&gt;&amp;nbsp;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 1in; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=96 noWrap&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&amp;nbsp;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 135pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=180&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&amp;nbsp;&lt;/P&gt;
            &lt;/TD&gt;
        &lt;/TR&gt;
        &lt;TR style="HEIGHT: 13.8pt"&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 153.6pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.8pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=205 colSpan=2 noWrap&gt;
            &lt;P style="MARGIN: 0in 0in 0pt"&gt;&lt;STRONG&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;North Kitsap&lt;/SPAN&gt;&lt;/STRONG&gt;&lt;STRONG&gt;&lt;/STRONG&gt;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 1in; PADDING-RIGHT: 5.4pt; HEIGHT: 13.8pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=96 noWrap&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&lt;STRONG&gt;&lt;EM&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; COLOR: #969696; FONT-SIZE: 10pt"&gt;4-Apr-10&lt;/SPAN&gt;&lt;/EM&gt;&lt;/STRONG&gt;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 135pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.8pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=180&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&lt;STRONG&gt;&lt;EM&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; COLOR: #969696; FONT-SIZE: 10pt"&gt;Trend&lt;/SPAN&gt;&lt;/EM&gt;&lt;/STRONG&gt;&lt;/P&gt;
            &lt;/TD&gt;
        &lt;/TR&gt;
        &lt;TR style="HEIGHT: 13.2pt"&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 153.6pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=205 colSpan=2 noWrap&gt;
            &lt;P style="MARGIN: 0in 0in 0pt"&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;Total Active Listings&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 1in; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=96 noWrap&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;379&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 135pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=180&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;Up&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
        &lt;/TR&gt;
        &lt;TR style="HEIGHT: 13.2pt"&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 153.6pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=205 colSpan=2 noWrap&gt;
            &lt;P style="MARGIN: 0in 0in 0pt"&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;Average List Price&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 1in; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=96 noWrap&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;$441,195 &lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 135pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=180&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;Slightly Up&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
        &lt;/TR&gt;
        &lt;TR style="HEIGHT: 15pt"&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 153.6pt; PADDING-RIGHT: 5.4pt; HEIGHT: 15pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=205 colSpan=2 noWrap&gt;
            &lt;P style="MARGIN: 0in 0in 0pt"&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;Average Market Days (Sold)&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 1in; PADDING-RIGHT: 5.4pt; HEIGHT: 15pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=96 noWrap&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;96&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 135pt; PADDING-RIGHT: 5.4pt; HEIGHT: 15pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=180&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;Steady&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
        &lt;/TR&gt;
        &lt;TR style="HEIGHT: 15pt"&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 153.6pt; PADDING-RIGHT: 5.4pt; HEIGHT: 15pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=205 colSpan=2 noWrap&gt;
            &lt;P style="MARGIN: 0in 0in 0pt"&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;Average Market Days (Active)&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 1in; PADDING-RIGHT: 5.4pt; HEIGHT: 15pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=96 noWrap&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;111&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 135pt; PADDING-RIGHT: 5.4pt; HEIGHT: 15pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=180&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;Steady&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
        &lt;/TR&gt;
        &lt;TR style="HEIGHT: 13.2pt"&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 153.6pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=205 colSpan=2 noWrap&gt;
            &lt;P style="MARGIN: 0in 0in 0pt"&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;Number of Pending New Sales&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 1in; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=96 noWrap&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;13&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 135pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=180&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;Down&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
        &lt;/TR&gt;
        &lt;TR style="HEIGHT: 13.2pt"&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 153.6pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=205 colSpan=2 noWrap&gt;
            &lt;P style="MARGIN: 0in 0in 0pt"&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;Average Sales Price (Closed)&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 1in; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=96 noWrap&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;$280,960 &lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 135pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=180&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;Down &lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
        &lt;/TR&gt;
        &lt;TR style="HEIGHT: 13.2pt"&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 153.6pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=205 colSpan=2 noWrap&gt;
            &lt;P style="MARGIN: 0in 0in 0pt"&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;Sales Price to List Price Ratio&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 1in; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=96 noWrap&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;98.63%&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 135pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=180&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;Slightly Up&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
        &lt;/TR&gt;
        &lt;TR style="HEIGHT: 13.8pt"&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 153.6pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.8pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=205 colSpan=2 noWrap&gt;
            &lt;P style="MARGIN: 0in 0in 0pt"&gt;&amp;nbsp;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 1in; PADDING-RIGHT: 5.4pt; HEIGHT: 13.8pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=96 noWrap&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&amp;nbsp;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 135pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.8pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=180&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&amp;nbsp;&lt;/P&gt;
            &lt;/TD&gt;
        &lt;/TR&gt;
        &lt;TR style="HEIGHT: 13.2pt"&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 153.6pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=205 colSpan=2 noWrap&gt;
            &lt;P style="MARGIN: 0in 0in 0pt"&gt;&amp;nbsp;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 1in; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=96 noWrap&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&amp;nbsp;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 135pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=180&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&amp;nbsp;&lt;/P&gt;
            &lt;/TD&gt;
        &lt;/TR&gt;
        &lt;TR style="HEIGHT: 13.8pt"&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 153.6pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.8pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=205 colSpan=2 noWrap&gt;
            &lt;P style="MARGIN: 0in 0in 0pt"&gt;&lt;STRONG&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;South East Jefferson&lt;/SPAN&gt;&lt;/STRONG&gt;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 1in; PADDING-RIGHT: 5.4pt; HEIGHT: 13.8pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=96 noWrap&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&lt;STRONG&gt;&lt;EM&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; COLOR: #969696; FONT-SIZE: 10pt"&gt;4-Apr-10&lt;/SPAN&gt;&lt;/EM&gt;&lt;/STRONG&gt;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 135pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.8pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=180&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&lt;STRONG&gt;&lt;EM&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; COLOR: #969696; FONT-SIZE: 10pt"&gt;Trend&lt;/SPAN&gt;&lt;/EM&gt;&lt;/STRONG&gt;&lt;/P&gt;
            &lt;/TD&gt;
        &lt;/TR&gt;
        &lt;TR style="HEIGHT: 13.2pt"&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 153.6pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=205 colSpan=2 noWrap&gt;
            &lt;P style="MARGIN: 0in 0in 0pt"&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;Total Active Listings&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 1in; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=96 noWrap&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;511&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 135pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=180&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;Up&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
        &lt;/TR&gt;
        &lt;TR style="HEIGHT: 13.2pt"&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 153.6pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=205 colSpan=2 noWrap&gt;
            &lt;P style="MARGIN: 0in 0in 0pt"&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;Average List Price&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 1in; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=96 noWrap&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;$427,030 &lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 135pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=180&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;Slightly Up&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
        &lt;/TR&gt;
        &lt;TR style="HEIGHT: 13.2pt"&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 153.6pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=205 colSpan=2 noWrap&gt;
            &lt;P style="MARGIN: 0in 0in 0pt"&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;Average Market Days (Sold)&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 1in; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=96 noWrap&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;150&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 135pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=180&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;Up&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
        &lt;/TR&gt;
        &lt;TR style="HEIGHT: 13.2pt"&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 153.6pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=205 colSpan=2 noWrap&gt;
            &lt;P style="MARGIN: 0in 0in 0pt"&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;Average Market Days (Active)&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 1in; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=96 noWrap&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;195&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 135pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=180&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;Down&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
        &lt;/TR&gt;
        &lt;TR style="HEIGHT: 13.2pt"&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 153.6pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=205 colSpan=2 noWrap&gt;
            &lt;P style="MARGIN: 0in 0in 0pt"&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;Number of Pending New Sales&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 1in; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=96 noWrap&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;13&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 135pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=180&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;Up&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
        &lt;/TR&gt;
        &lt;TR style="HEIGHT: 13.2pt"&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 153.6pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=205 colSpan=2 noWrap&gt;
            &lt;P style="MARGIN: 0in 0in 0pt"&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;Average Sales Price (Closed)&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 1in; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=96 noWrap&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;$333,762 &lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 135pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.2pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=180&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;Down &lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
        &lt;/TR&gt;
        &lt;TR style="HEIGHT: 13.8pt"&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 143pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.8pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=191 noWrap&gt;
            &lt;P style="MARGIN: 0in 0in 0pt"&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;Sales Price to List Price Ratio&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 82.6pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.8pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=110 colSpan=2 noWrap&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;96.57%&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
            &lt;TD style="BORDER-BOTTOM: #f0f0f0; BORDER-LEFT: #f0f0f0; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 5.4pt; WIDTH: 135pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.8pt; BORDER-TOP: #f0f0f0; BORDER-RIGHT: #f0f0f0; PADDING-TOP: 0in" vAlign=bottom width=180&gt;
            &lt;P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center&gt;&lt;SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"&gt;Steady&lt;/SPAN&gt;&lt;/P&gt;
            &lt;/TD&gt;
        &lt;/TR&gt;
    &lt;/TBODY&gt;
&lt;/TABLE&gt;&lt;P&gt;&lt;a href="http://bigwaterproperties.com/blog/2010/04/12/march-10-west-sound-market-statistics" target="_blank"&gt;Permalink&lt;/a&gt; | &lt;a href="http://bigwaterproperties.com/blog/2010/04/12/march-10-west-sound-market-statistics#comments" target="_blank"&gt;Comments&lt;/a&gt;&lt;/P&gt;</description><author>Wayne Paulson</author><guid isPermaLink="true">http://bigwaterproperties.com/blog/2010/04/12/march-10-west-sound-market-statistics</guid><pubDate>Mon, 12 Apr 2010 16:11:00 GMT</pubDate></item><item><title>Goodbye My Friend</title><link>http://bigwaterproperties.com/blog/2010/03/27/goodbye-my-friend</link><description>&lt;div style="margin: 0in 0in 10pt" _tempcsstext="null"&gt;&lt;img style="width: 107px; height: 155px" border="0" hspace="6" alt="" align="left" src="http://bigwaterproperties.com/images/Maggie-Crop-_-WebSmall.jpg" width="107" longdesc="Maggie May: March 2001 to March 2010" height="155" /&gt;&lt;br /&gt;
Good bye Maggie May. The inner strength that enabled you to transform yourself from a terrified puppy abandoned in the woods to the sweet, devoted friend you became was an inspiration. I'll miss our runs together along the shores of Hood Canal. &lt;/div&gt;
&lt;div style="margin: 0in 0in 10pt" _tempcsstext="null"&gt;&amp;nbsp;&lt;/div&gt;
&lt;div style="margin: 0in 0in 10pt" _tempcsstext="null"&gt;&amp;nbsp;&lt;/div&gt;
&lt;div style="margin: 0in 0in 10pt" _tempcsstext="null"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&lt;br /&gt;
&lt;em&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; Maggie May&lt;br /&gt;
March 2001 - March 2010&lt;/em&gt;&lt;/div&gt;&lt;P&gt;&lt;a href="http://bigwaterproperties.com/blog/2010/03/27/goodbye-my-friend" target="_blank"&gt;Permalink&lt;/a&gt; | &lt;a href="http://bigwaterproperties.com/blog/2010/03/27/goodbye-my-friend#comments" target="_blank"&gt;Comments&lt;/a&gt;&lt;/P&gt;</description><author>Wayne Paulson</author><guid isPermaLink="true">http://bigwaterproperties.com/blog/2010/03/27/goodbye-my-friend</guid><pubDate>Sat, 27 Mar 2010 07:42:00 GMT</pubDate></item><item><title>Recent Addition, West Sound Waterfront Market Graphs</title><link>http://bigwaterproperties.com/blog/2010/01/18/recent-addition-west-sound-waterfront-market-graphs</link><description>&lt;div&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-size: 10pt"&gt;I've recently added graphs depicting the West Sound waterfront home market to my web site, BigWaterProperties. They cover the same areas and&amp;nbsp;include the same information (average market time,&amp;nbsp;average list price and average selling price)&amp;nbsp;as the overall market graphs I've had on my site since I first put it on-line in 2001.&amp;nbsp;They come from a different source, however, so they look different and take a few seconds to load. &lt;/span&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-size: 10pt"&gt;&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-size: 10pt"&gt;If you are interested in the West Sound waterfront home market, these graphs, together with my site's dedicated waterfront listing search,&amp;nbsp;will be a great way to follow the trends.&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div&gt;&lt;span style="font-size: 10pt"&gt;&amp;nbsp;&lt;/span&gt;&lt;/div&gt;
&lt;div&gt;&lt;a href="http://www.bigwaterproperties.com/index.cfm/page/75832/parent/14270/Waterfront_Market_Graphs.html"&gt;&lt;strong&gt;&lt;span style="color: #800000"&gt;&lt;span style="font-size: 10pt"&gt;Wa&lt;span style="color: #800000"&gt;&lt;span style="color: #800000"&gt;terfront Market Graphs&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;/a&gt;&lt;/div&gt;
&lt;div&gt;&lt;span style="font-size: 10pt"&gt;&amp;nbsp;&lt;/span&gt;&lt;/div&gt;
&lt;div style="color: #800000"&gt;&lt;strong&gt;&lt;a href="http://www.bigwaterproperties.com/index.cfm/page/14249/Waterfront_Homes.html"&gt;
&lt;div style="color: #800000"&gt;&lt;strong&gt;&lt;span style="font-size: 10pt"&gt;Dedicated Waterfront Listing Search&lt;/span&gt;&lt;/strong&gt;&lt;/div&gt;
&lt;/a&gt;&lt;/strong&gt;&lt;/div&gt;&lt;P&gt;&lt;a href="http://bigwaterproperties.com/blog/2010/01/18/recent-addition-west-sound-waterfront-market-graphs" target="_blank"&gt;Permalink&lt;/a&gt; | &lt;a href="http://bigwaterproperties.com/blog/2010/01/18/recent-addition-west-sound-waterfront-market-graphs#comments" target="_blank"&gt;Comments&lt;/a&gt;&lt;/P&gt;</description><author>Wayne Paulson</author><guid isPermaLink="true">http://bigwaterproperties.com/blog/2010/01/18/recent-addition-west-sound-waterfront-market-graphs</guid><pubDate>Tue, 19 Jan 2010 09:31:00 GMT</pubDate></item><item><title>New Jefferson County Shoreline Management Plan</title><link>http://bigwaterproperties.com/blog/2010/01/09/new-jefferson-county-shoreline-management-plan</link><description>&lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-size: 10pt"&gt;There is a new Shoreline Management Plan nearing completion for Jefferson County. Mandated by Washington State under the Washington State Shoreline Management Act of 1971, the new plan fulfills the requirement for each county to develop a plan governing the saltwater and freshwater shorelines within its boundaries. Jefferson County approved the new plan in December 2009 and has submitted it to the state for final review and adoption. The goal of the plan is to provide a set of consistent long-range regulations that both the county and property owners can use to plan future shoreline development.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-size: 10pt"&gt;&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-size: 10pt"&gt;For most owners of existing waterfront homes, the primary effect will be new definitions of the types of shoreline development, such as stairs or bulkheads, that will be allowed based on a new system of shoreline classifications.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-size: 10pt"&gt;&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-size: 10pt"&gt;For owners of undeveloped waterfront property, an additional change will be new setback requirements for structures. For saltwater shorelines, there is a standard 150 buffer zone measured from the high water mark, plus a 10-foot setback from the buffer for a total of 160 feet. This means new structures are normally not to be built within 160 feet of the high water mark. There are exceptions to that rule, such as when the combined buffers and setbacks exceed the depth of the lot.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-size: 10pt"&gt;&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-size: 10pt"&gt;Click on the link below to go to a county web page with a link to the full text of the plan (referred to as Exhibit A) and shoreline maps showing the new shoreline classifications. The setbacks are defined on page 6-5, and the exceptions begin on page 6-6 of Exhibit A.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-size: 10pt"&gt;&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&lt;a title="Shoreline Management Plan" href="http://www.co.jefferson.wa.us/commdevelopment/Shoreline_LocallyApprovedSMP.htm"&gt;&lt;span style="color: #800000"&gt;&lt;span style="color: #800000"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-size: 10pt"&gt;&lt;strong&gt;Shoreline Management Plan&lt;/strong&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/a&gt;&lt;a href="http://www.co.jefferson.wa.us/commdevelopment/Shoreline_LocallyApprovedSMP.htm"&gt;&lt;u&gt;&lt;/u&gt;&lt;/a&gt;&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-size: 10pt"&gt;&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-size: 10pt"&gt;&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-size: 10pt"&gt;The new rules are expected to go into effect no earlier than this spring. If you plan development that these new rules would not allow, you can still get approval under the old rules. The best way to do that is to apply for a Site Plan Approval Advance Determination (SPAAD). A SPAAD approval is the county&amp;#239;&amp;#191;&amp;#189;s statement that it would allow the development defined in the application. Approval is valid for five years. For a more detailed definition of a SPAAD, and the application requirements, click on the link below.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-size: 10pt"&gt;&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&lt;a style="color: #800000" href="http://www.co.jefferson.wa.us/commdevelopment/Land_Use_pdfs/Site%20Plan%20Approval%20Advance%20Determination.pdf"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-size: 10pt"&gt;&lt;strong&gt;SPAAD&lt;/strong&gt;&lt;/span&gt;&lt;/span&gt;&lt;/a&gt;&lt;a href="http://www.co.jefferson.wa.us/commdevelopment/Land_Use_pdfs/Site%20Plan%20Approval%20Advance%20Determination.pdf"&gt;&lt;u&gt;&lt;/u&gt;&lt;/a&gt;&lt;/p&gt;&lt;P&gt;&lt;a href="http://bigwaterproperties.com/blog/2010/01/09/new-jefferson-county-shoreline-management-plan" target="_blank"&gt;Permalink&lt;/a&gt; | &lt;a href="http://bigwaterproperties.com/blog/2010/01/09/new-jefferson-county-shoreline-management-plan#comments" target="_blank"&gt;Comments&lt;/a&gt;&lt;/P&gt;</description><author>Wayne Paulson</author><guid isPermaLink="true">http://bigwaterproperties.com/blog/2010/01/09/new-jefferson-county-shoreline-management-plan</guid><pubDate>Sat, 09 Jan 2010 15:53:00 GMT</pubDate></item><item><title>December 09 West Sound Market Graphs</title><link>http://bigwaterproperties.com/blog/2010/01/09/december-09-west-sound-market-graphs</link><description>&lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-size: 10pt"&gt;The graphs reached through the link below show the average market time, average list price and average sales price for homes over the past several years for North Kitsap County (NK), Southeast Jefferson County (SEJ) and Bainbridge Island (BI). &lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&lt;br /&gt;
&lt;span style="font-size: 10pt"&gt;The graphs continue to&amp;nbsp;show buyer's markets.&amp;nbsp;Average selling prices have stabilized, with prices&amp;nbsp;continuing to hover&amp;nbsp;at early 2005 levels for all three markets. The BI average selling prices have settled&amp;nbsp;to the level they were at prior to an abrupt spike.&amp;nbsp;&lt;br /&gt;
&lt;br /&gt;
Inventories are declining in all three markets,&amp;nbsp;a typical development caused by owners taking their homes&amp;nbsp;off the market for the mid-winter season. Unit sales in NK in December were&amp;nbsp;up slightly over the level of a year ago and up by about 50% in BI. They&amp;nbsp;were less than half of&amp;nbsp;last year's levels&amp;nbsp;in SEJ.&amp;nbsp;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-size: 10pt"&gt;&amp;nbsp;&lt;/span&gt;&lt;/p&gt;
&lt;div style="margin: 0in 0in 0pt"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-size: 10pt"&gt;The graphs are dynamic and will contain updated data as of the month you are viewing them. &lt;/span&gt;&lt;font size="2"&gt;To view the graphs, click on the link below:&lt;/font&gt;&lt;br /&gt;
&lt;/span&gt;&lt;/div&gt;
&lt;span style="font-family: 'Times New Roman','serif'; font-size: 12pt"&gt;&lt;br /&gt;
&lt;a style="color: #800000; font-size: 12pt" title="Market Graphs" href="http://bigwaterproperties.com/index.cfm?fuseaction=page&amp;amp;page=14270"&gt;&lt;span style="font-size: 10pt"&gt;&lt;strong&gt;Market Graphs&lt;/strong&gt;&lt;/span&gt;&lt;/a&gt;&lt;a href="http://bigwaterproperties.com/index.cfm?fuseaction=page&amp;amp;page=14270"&gt;&lt;u&gt;&lt;/u&gt;&lt;/a&gt;&lt;/span&gt;&lt;P&gt;&lt;a href="http://bigwaterproperties.com/blog/2010/01/09/december-09-west-sound-market-graphs" target="_blank"&gt;Permalink&lt;/a&gt; | &lt;a href="http://bigwaterproperties.com/blog/2010/01/09/december-09-west-sound-market-graphs#comments" target="_blank"&gt;Comments&lt;/a&gt;&lt;/P&gt;</description><author>Wayne Paulson</author><guid isPermaLink="true">http://bigwaterproperties.com/blog/2010/01/09/december-09-west-sound-market-graphs</guid><pubDate>Sat, 09 Jan 2010 15:39:00 GMT</pubDate></item><item><title>December 09 West Sound Market Statistics</title><link>http://bigwaterproperties.com/blog/2010/01/09/december-09-west-sound-market-statistics</link><description>&lt;p style="margin: 0in 0in 0pt"&gt;&amp;nbsp;&lt;/p&gt;
&lt;table style="margin: auto auto auto 4.8pt; width: 360.6pt; border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="481"&gt;
    &lt;tbody&gt;
        &lt;tr style="height: 13.8pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 153.6pt; padding-right: 5.4pt; height: 13.8pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="205" colspan="2" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&lt;strong&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Bainbridge&lt;/span&gt;&lt;/strong&gt;&lt;strong&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt; Island&lt;/span&gt;&lt;/strong&gt;&lt;strong&gt;&lt;/strong&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 13.8pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="96" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;strong&gt;&lt;em&gt;&lt;span style="font-family: 'Arial','sans-serif'; color: #969696; font-size: 10pt"&gt;27-Dec-09&lt;/span&gt;&lt;/em&gt;&lt;/strong&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 13.8pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;strong&gt;&lt;em&gt;&lt;span style="font-family: 'Arial','sans-serif'; color: #969696; font-size: 10pt"&gt;Trend&lt;/span&gt;&lt;/em&gt;&lt;/strong&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 153.6pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="205" colspan="2" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Total Active Listings&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="96" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;172&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Slowly Downward&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 153.6pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="205" colspan="2" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Average List Price&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="96" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;$974,967 &lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Moderately Down&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 153.6pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="205" colspan="2" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Average Market Days (Sold)&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="96" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;124&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Down&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 153.6pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="205" colspan="2" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Average Market Days (Active)&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="96" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;180&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Upward&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 15pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 153.6pt; padding-right: 5.4pt; height: 15pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="205" colspan="2" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Number of Pending New Sales&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 15pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="96" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;3&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 15pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Steady&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 153.6pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="205" colspan="2" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Average Sales Price (Closed)&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="96" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;$580,872 &lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Down&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 153.6pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="205" colspan="2" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Sales Price to List Price Ratio&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="96" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;97.90%&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Steady&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.8pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 153.6pt; padding-right: 5.4pt; height: 13.8pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="205" colspan="2" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 13.8pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="96" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 13.8pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 153.6pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="205" colspan="2" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="96" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.8pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 153.6pt; padding-right: 5.4pt; height: 13.8pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="205" colspan="2" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&lt;strong&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;North Kitsap&lt;/span&gt;&lt;/strong&gt;&lt;strong&gt;&lt;/strong&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 13.8pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="96" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;strong&gt;&lt;em&gt;&lt;span style="font-family: 'Arial','sans-serif'; color: #969696; font-size: 10pt"&gt;27-Dec-09&lt;/span&gt;&lt;/em&gt;&lt;/strong&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 13.8pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;strong&gt;&lt;em&gt;&lt;span style="font-family: 'Arial','sans-serif'; color: #969696; font-size: 10pt"&gt;Trend&lt;/span&gt;&lt;/em&gt;&lt;/strong&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 153.6pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="205" colspan="2" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Total Active Listings&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="96" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;330&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Down&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 153.6pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="205" colspan="2" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Average List Price&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="96" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;$425,242 &lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Down &lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 15pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 153.6pt; padding-right: 5.4pt; height: 15pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="205" colspan="2" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Average Market Days (Sold)&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 15pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="96" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;89&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 15pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Down&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 15pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 153.6pt; padding-right: 5.4pt; height: 15pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="205" colspan="2" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Average Market Days (Active)&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 15pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="96" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;136&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 15pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Steady&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 153.6pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="205" colspan="2" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Number of Pending New Sales&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="96" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;11&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Down&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 153.6pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="205" colspan="2" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Average Sales Price (Closed)&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="96" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;$319,251 &lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Slowly Downward &lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 153.6pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="205" colspan="2" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Sales Price to List Price Ratio&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="96" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;98.59%&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Down Slightly&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.8pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 153.6pt; padding-right: 5.4pt; height: 13.8pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="205" colspan="2" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 13.8pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="96" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 13.8pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 153.6pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="205" colspan="2" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="96" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.8pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 153.6pt; padding-right: 5.4pt; height: 13.8pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="205" colspan="2" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&lt;strong&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;South East Jefferson&lt;/span&gt;&lt;/strong&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 13.8pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="96" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;strong&gt;&lt;em&gt;&lt;span style="font-family: 'Arial','sans-serif'; color: #969696; font-size: 10pt"&gt;27-Dec-09&lt;/span&gt;&lt;/em&gt;&lt;/strong&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 13.8pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;strong&gt;&lt;em&gt;&lt;span style="font-family: 'Arial','sans-serif'; color: #969696; font-size: 10pt"&gt;Trend&lt;/span&gt;&lt;/em&gt;&lt;/strong&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 153.6pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="205" colspan="2" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Total Active Listings&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="96" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;442&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Down&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 153.6pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="205" colspan="2" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Average List Price&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="96" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;$428,675 &lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Down &lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 153.6pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="205" colspan="2" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Average Market Days (Sold)&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="96" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;170&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Down&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 153.6pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="205" colspan="2" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Average Market Days (Active)&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="96" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;242&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Upward&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 153.6pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="205" colspan="2" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Number of Pending New Sales&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="96" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;4&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Down&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 153.6pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="205" colspan="2" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Average Sales Price (Closed)&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 1in; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="96" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;$323,372 &lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 13.2pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Slightly Upward &lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.8pt"&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 143pt; padding-right: 5.4pt; height: 13.8pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="191" noWrap&gt;
            &lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Sales Price to List Price Ratio&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 82.6pt; padding-right: 5.4pt; height: 13.8pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="110" colspan="2" noWrap&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;95.23%&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-bottom: #f0f0f0; border-left: #f0f0f0; padding-bottom: 0in; background-color: transparent; padding-left: 5.4pt; width: 135pt; padding-right: 5.4pt; height: 13.8pt; border-top: #f0f0f0; border-right: #f0f0f0; padding-top: 0in" valign="bottom" width="180"&gt;
            &lt;p style="text-align: center; margin: 0in 0in 0pt" align="center"&gt;&lt;span style="font-family: 'Arial','sans-serif'; font-size: 10pt"&gt;Steady&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
    &lt;/tbody&gt;
&lt;/table&gt;&lt;P&gt;&lt;a href="http://bigwaterproperties.com/blog/2010/01/09/december-09-west-sound-market-statistics" target="_blank"&gt;Permalink&lt;/a&gt; | &lt;a href="http://bigwaterproperties.com/blog/2010/01/09/december-09-west-sound-market-statistics#comments" target="_blank"&gt;Comments&lt;/a&gt;&lt;/P&gt;</description><author>Wayne Paulson</author><guid isPermaLink="true">http://bigwaterproperties.com/blog/2010/01/09/december-09-west-sound-market-statistics</guid><pubDate>Sat, 09 Jan 2010 15:33:00 GMT</pubDate></item><item><title>Interest Rates Predicted to Reach 6%</title><link>http://bigwaterproperties.com/blog/2009/12/28/interest-rates-predicted-to-reach-6</link><description>&lt;span style="font-family: Arial; font-size: 10pt"&gt;&lt;font style="font-family: " size="2" face="Arial"&gt;Interest rates are likely to rise to 6 percent by the end of 2010, predicted Amy Crews Cutts, deputy chief economist at Freddie Mac.&lt;/font&gt;&lt;br style="font-family: " /&gt;
&lt;br style="font-family: " /&gt;
&lt;font style="font-family: " size="2" face="Arial"&gt;The end of the Federal Reserve program that buys mortgage-backed securities will drive rates higher because private buyers will demand more return than the Fed.&lt;/font&gt;&lt;br style="font-family: " /&gt;
&lt;br style="font-family: " /&gt;
&lt;font style="font-family: " size="2" face="Arial"&gt;"Extraordinary resources have been put into keeping the rates down and supporting the mortgage markets and it's hard to imagine that the rates can go much lower than they are," Crews Cutts said. "Anything we get at or below 5 percent is a gift at this point."&lt;/font&gt;&lt;br style="font-family: " /&gt;
&lt;br style="font-family: " /&gt;
&lt;em style="font-family: "&gt;&lt;font style="font-family: " size="2" face="Arial"&gt;Source: Washington Post, Dina ElBoghdady (12/26/2009)&lt;/font&gt;&lt;/em&gt; &lt;/span&gt;&lt;P&gt;&lt;a href="http://bigwaterproperties.com/blog/2009/12/28/interest-rates-predicted-to-reach-6" target="_blank"&gt;Permalink&lt;/a&gt; | &lt;a href="http://bigwaterproperties.com/blog/2009/12/28/interest-rates-predicted-to-reach-6#comments" target="_blank"&gt;Comments&lt;/a&gt;&lt;/P&gt;</description><author>Wayne Paulson</author><guid isPermaLink="true">http://bigwaterproperties.com/blog/2009/12/28/interest-rates-predicted-to-reach-6</guid><pubDate>Mon, 28 Dec 2009 15:53:00 GMT</pubDate></item><item><title>Homebuyer Tax Credit Extended and Expanded</title><link>http://bigwaterproperties.com/blog/2009/11/12/homebuyer-tax-credit-extended-and-expanded</link><description>&lt;div style="line-height: normal; margin: 0in 15.1pt 0pt 0in"&gt;&lt;span style="font-family: Arial; font-size: 10pt"&gt;Congress has passed, and&amp;nbsp;President Obama has signed,&amp;nbsp;an extension and expansion of the homebuyer tax credit. &lt;/span&gt;&lt;/div&gt;
&lt;div style="line-height: normal; margin: 0in 15.1pt 0pt 0in"&gt;&amp;nbsp;&lt;/div&gt;
&lt;div style="line-height: normal; margin: 0in 15.1pt 0pt 0in"&gt;&lt;span style="font-family: Arial; font-size: 10pt"&gt;Below is a summary of the new modifications in the extension and expansion of the tax credit:&lt;/span&gt;&lt;/div&gt;
&lt;div style="line-height: normal; margin: 0in 15.1pt 0pt 0in"&gt;&amp;nbsp;&lt;/div&gt;
&lt;div style="line-height: normal; text-indent: -0.25in; margin: 0in 15.1pt 0pt 0.25in"&gt;&lt;span style="font-family: Arial; font-size: 10pt"&gt;1)&amp;nbsp;&amp;nbsp;The $8,000 tax credit will be extended and available for first-time purchases before May 1, 2010.&lt;/span&gt;&lt;/div&gt;
&lt;div style="line-height: normal; margin: 0in 15.1pt 0pt 0.25in"&gt;&amp;nbsp;&lt;/div&gt;
&lt;div style="line-height: normal; text-indent: -0.25in; margin: 0in 15.1pt 0pt 0.25in"&gt;&lt;span style="font-family: Arial; font-size: 10pt"&gt;2)&amp;nbsp;&amp;nbsp;A new $6,500 tax credit will be available for repeat buyers who purchase between December 1, 2009, and May 1, 2010. To qualify for this provision, buyers must have used their current home as a principal residence consecutively for 5 of the previous 8 years.&lt;/span&gt;&lt;/div&gt;
&lt;div style="line-height: normal; margin: 0in 15.1pt 0pt 0.25in"&gt;&amp;nbsp;&lt;/div&gt;
&lt;div style="line-height: normal; text-indent: -0.25in; margin: 0in 15.1pt 0pt 0.25in"&gt;&lt;span style="font-family: Arial; font-size: 10pt"&gt;3)&amp;nbsp;&amp;nbsp;Prospective purchasers with binding contracts in place as of April 30, 2010, will be allowed an additional 60 days to complete the transaction.&lt;/span&gt;&lt;/div&gt;
&lt;div style="line-height: normal; margin: 0in 15.1pt 0pt 0.25in"&gt;&amp;nbsp;&lt;/div&gt;
&lt;div style="line-height: normal; text-indent: -0.25in; margin: 0in 15.1pt 0pt 0.25in"&gt;&lt;span style="font-family: Arial; font-size: 10pt"&gt;4)&amp;nbsp;&amp;nbsp;Income limits are expanded to $125,000 on a single return and $225,000 on a joint return.&lt;/span&gt;&lt;/div&gt;
&lt;div style="line-height: normal; margin: 0in 15.1pt 0pt 0in"&gt;&amp;nbsp;&lt;/div&gt;
&lt;div style="line-height: normal; margin: 0in 15.1pt 0pt 0in"&gt;&lt;span style="font-family: Arial; font-size: 10pt"&gt;For a complete summary of changes to the tax credit visit:&lt;br /&gt;
&lt;br /&gt;
&lt;a href="http://www.realtor.org/fedistrk.nsf/files/government_affairs_tax_credit_ext_chart_110409.pdf/$FILE/government_affairs_tax_credit_ext_chart_110409.pdf"&gt;&lt;font color="#800080" size="2"&gt;&lt;u style="color: #800000"&gt;&lt;strong&gt;NAR Issue Brief - Homebuyer Tax Credit&lt;/strong&gt;&lt;/u&gt;&lt;/font&gt;&lt;/a&gt;&lt;/span&gt;&lt;/div&gt;&lt;P&gt;&lt;a href="http://bigwaterproperties.com/blog/2009/11/12/homebuyer-tax-credit-extended-and-expanded" target="_blank"&gt;Permalink&lt;/a&gt; | &lt;a href="http://bigwaterproperties.com/blog/2009/11/12/homebuyer-tax-credit-extended-and-expanded#comments" target="_blank"&gt;Comments&lt;/a&gt;&lt;/P&gt;</description><author>Wayne Paulson</author><guid isPermaLink="true">http://bigwaterproperties.com/blog/2009/11/12/homebuyer-tax-credit-extended-and-expanded</guid><pubDate>Thu, 12 Nov 2009 15:39:00 GMT</pubDate></item><item><title>October 09 West Sound Market Statistics</title><link>http://bigwaterproperties.com/blog/2009/11/12/october-09-west-sound-market-statistics</link><description>&amp;nbsp;
&lt;table style="margin-left: 4.8pt; width: 360.6pt; border-collapse: collapse" cellspacing="0" cellpadding="0" width="601" border="0"&gt;
    &lt;tbody&gt;
        &lt;tr style="height: 13.8pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 153.6pt; padding-top: 0in; height: 13.8pt" valign="bottom" noWrap width="256" colspan="2"&gt;
            &lt;p&gt;&lt;strong&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Bainbridge&lt;/span&gt;&lt;/strong&gt;&lt;strong&gt; &lt;/strong&gt;&lt;strong&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Island&lt;/span&gt;&lt;/strong&gt;&lt;strong&gt;&lt;/strong&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 1in; padding-top: 0in; height: 13.8pt" valign="bottom" noWrap width="120"&gt;
            &lt;p align="center"&gt;&lt;strong&gt;&lt;em&gt;&lt;span style="font-size: 10pt; color: #969696; font-family: Arial"&gt;25-Oct-09&lt;/span&gt;&lt;/em&gt;&lt;/strong&gt;&lt;strong&gt;&lt;em&gt;&lt;/em&gt;&lt;/strong&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 13.8pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&lt;strong&gt;&lt;em&gt;&lt;span style="font-size: 10pt; color: #969696; font-family: Arial"&gt;Trend&lt;/span&gt;&lt;/em&gt;&lt;/strong&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 153.6pt; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="256" colspan="2"&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Total Active Listings&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 1in; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="120"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;225&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 13.2pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Slowly Downward&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 153.6pt; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="256" colspan="2"&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Average List Price&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 1in; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="120"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;$1,001,481 &lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 13.2pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Steady&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 153.6pt; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="256" colspan="2"&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Average Market Days (Sold)&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 1in; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="120"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;160&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 13.2pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Down Trend Moderating&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 153.6pt; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="256" colspan="2"&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Average Market Days (Active)&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 1in; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="120"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;167&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 13.2pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Down Trend Moderating&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 15pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 153.6pt; padding-top: 0in; height: 15pt" valign="bottom" noWrap width="256" colspan="2"&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Number of Pending New Sales&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 1in; padding-top: 0in; height: 15pt" valign="bottom" noWrap width="120"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;9&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 15pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Steady&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 153.6pt; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="256" colspan="2"&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Average Sales Price (Closed)&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 1in; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="120"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;$563,081 &lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 13.2pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Down&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 153.6pt; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="256" colspan="2"&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Sales Price to List Price Ratio&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 1in; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="120"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;97.62%&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 13.2pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Down&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.8pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 153.6pt; padding-top: 0in; height: 13.8pt" valign="bottom" noWrap width="256" colspan="2"&gt;
            &lt;p&gt;&amp;nbsp;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 1in; padding-top: 0in; height: 13.8pt" valign="bottom" noWrap width="120"&gt;
            &lt;p align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 13.8pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 153.6pt; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="256" colspan="2"&gt;
            &lt;p&gt;&amp;nbsp;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 1in; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="120"&gt;
            &lt;p align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 13.2pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.8pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 153.6pt; padding-top: 0in; height: 13.8pt" valign="bottom" noWrap width="256" colspan="2"&gt;
            &lt;p&gt;&lt;strong&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;North Kitsap&lt;/span&gt;&lt;/strong&gt;&lt;strong&gt;&lt;/strong&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 1in; padding-top: 0in; height: 13.8pt" valign="bottom" noWrap width="120"&gt;
            &lt;p align="center"&gt;&lt;strong&gt;&lt;em&gt;&lt;span style="font-size: 10pt; color: #969696; font-family: Arial"&gt;25-Oct-09&lt;/span&gt;&lt;/em&gt;&lt;/strong&gt;&lt;strong&gt;&lt;em&gt;&lt;/em&gt;&lt;/strong&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 13.8pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&lt;strong&gt;&lt;em&gt;&lt;span style="font-size: 10pt; color: #969696; font-family: Arial"&gt;Trend&lt;/span&gt;&lt;/em&gt;&lt;/strong&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 153.6pt; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="256" colspan="2"&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Total Active Listings&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 1in; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="120"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;359&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 13.2pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Down&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 153.6pt; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="256" colspan="2"&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Average List Price&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 1in; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="120"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;$465,368 &lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 13.2pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Steady &lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 15pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 153.6pt; padding-top: 0in; height: 15pt" valign="bottom" noWrap width="256" colspan="2"&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Average Market Days (Sold)&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 1in; padding-top: 0in; height: 15pt" valign="bottom" noWrap width="120"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;96&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 15pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Steady&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 15pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 153.6pt; padding-top: 0in; height: 15pt" valign="bottom" noWrap width="256" colspan="2"&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Average Market Days (Active)&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 1in; padding-top: 0in; height: 15pt" valign="bottom" noWrap width="120"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;136&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 15pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Upward&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 153.6pt; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="256" colspan="2"&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Number of Pending New Sales&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 1in; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="120"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;22&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 13.2pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Down&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 153.6pt; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="256" colspan="2"&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Average Sales Price (Closed)&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 1in; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="120"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;$334,161 &lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 13.2pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Steady &lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 153.6pt; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="256" colspan="2"&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Sales Price to List Price Ratio&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 1in; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="120"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;99.19%&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 13.2pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Steady&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.8pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 153.6pt; padding-top: 0in; height: 13.8pt" valign="bottom" noWrap width="256" colspan="2"&gt;
            &lt;p&gt;&amp;nbsp;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 1in; padding-top: 0in; height: 13.8pt" valign="bottom" noWrap width="120"&gt;
            &lt;p align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 13.8pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 153.6pt; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="256" colspan="2"&gt;
            &lt;p&gt;&amp;nbsp;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 1in; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="120"&gt;
            &lt;p align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 13.2pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.8pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 153.6pt; padding-top: 0in; height: 13.8pt" valign="bottom" noWrap width="256" colspan="2"&gt;
            &lt;p&gt;&lt;strong&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;South &lt;/span&gt;&lt;/strong&gt;&lt;strong&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;East Jefferson&lt;/span&gt;&lt;/strong&gt;&lt;strong&gt;&lt;/strong&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 1in; padding-top: 0in; height: 13.8pt" valign="bottom" noWrap width="120"&gt;
            &lt;p align="center"&gt;&lt;strong&gt;&lt;em&gt;&lt;span style="font-size: 10pt; color: #969696; font-family: Arial"&gt;25-Oct-09&lt;/span&gt;&lt;/em&gt;&lt;/strong&gt;&lt;strong&gt;&lt;em&gt;&lt;/em&gt;&lt;/strong&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 13.8pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&lt;strong&gt;&lt;em&gt;&lt;span style="font-size: 10pt; color: #969696; font-family: Arial"&gt;Trend&lt;/span&gt;&lt;/em&gt;&lt;/strong&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 153.6pt; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="256" colspan="2"&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Total Active Listings&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 1in; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="120"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;526&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 13.2pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Down&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 153.6pt; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="256" colspan="2"&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Average List Price&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 1in; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="120"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;$468,459 &lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 13.2pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Upward Trend Moderating &lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 153.6pt; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="256" colspan="2"&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Average Market Days (Sold)&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 1in; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="120"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;185&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 13.2pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Down&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 153.6pt; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="256" colspan="2"&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Average Market Days (Active)&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 1in; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="120"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;212&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 13.2pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Upward&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 153.6pt; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="256" colspan="2"&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Number of Pending New Sales&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 1in; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="120"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;16&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 13.2pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Stable&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 153.6pt; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="256" colspan="2"&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Average Sales Price (Closed)&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 1in; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="120"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;$291,624 &lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 13.2pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Upward &lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.8pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 143pt; padding-top: 0in; height: 13.8pt" valign="bottom" noWrap width="238"&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Sales Price to List Price Ratio&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 82.6pt; padding-top: 0in; height: 13.8pt" valign="bottom" noWrap width="138" colspan="2"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;94.62%&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 13.8pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Slightly Downward&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
    &lt;/tbody&gt;
&lt;/table&gt;&lt;P&gt;&lt;a href="http://bigwaterproperties.com/blog/2009/11/12/october-09-west-sound-market-statistics" target="_blank"&gt;Permalink&lt;/a&gt; | &lt;a href="http://bigwaterproperties.com/blog/2009/11/12/october-09-west-sound-market-statistics#comments" target="_blank"&gt;Comments&lt;/a&gt;&lt;/P&gt;</description><author>Wayne Paulson</author><guid isPermaLink="true">http://bigwaterproperties.com/blog/2009/11/12/october-09-west-sound-market-statistics</guid><pubDate>Thu, 12 Nov 2009 15:16:00 GMT</pubDate></item><item><title>October 09 West Sound Market Graphs</title><link>http://bigwaterproperties.com/blog/2009/11/12/october-09-west-sound-market-graphs</link><description>&lt;div&gt;&lt;span style="font-size: 10pt"&gt;The graphs accessed through the link below show the average market time, average list price and average sales price for homes over the past several years for North Kitsap County (NK), Southeast Jefferson County (SEJ) and Bainbridge Island (BI). &lt;br /&gt;
&lt;br /&gt;
The graphs continue to&amp;nbsp;show buyer's markets. In NK and SEJ, average selling prices have recently shown a slight upward trend (mostly&amp;nbsp;due to some upper end sales). In BI, the abrupt reverse to a downward trend in average selling prices has continued. &lt;br /&gt;
&lt;br /&gt;
Unit sales are continuing to increase in NK, especially in the lower end of the market. They are increasing more slowly in BI, and even more slowly in SEJ. Inventories are decreasing in all three markets. &lt;br /&gt;
&lt;br /&gt;
Anecdotally, there is currently more activity in the market than there has been for the last year, with a higher level of inquiries and offers. Many first time home buyers are taking advantage of the tax credit. It also appears that potential buyers have decided that the prices are close to the bottom, and with the current low interest rates, now is a good time to start taking action.&lt;br /&gt;
&lt;br /&gt;
&lt;span style="font-size: 10pt"&gt;The graphs are dynamic and will contain updated data as of the month you are viewing them. &lt;/span&gt;To view the graphs, click on the link below:&lt;br /&gt;
&lt;br /&gt;
&lt;strong style="color: #800000"&gt;&lt;a href="http://bigwaterproperties.com/index.cfm?fuseaction=page&amp;amp;page=14270"&gt;&lt;strong style="color: #800000; font-size: 10pt"&gt;Market Graphs&lt;/strong&gt;&lt;/a&gt;&lt;/strong&gt;&lt;/span&gt;&lt;/div&gt;&lt;P&gt;&lt;a href="http://bigwaterproperties.com/blog/2009/11/12/october-09-west-sound-market-graphs" target="_blank"&gt;Permalink&lt;/a&gt; | &lt;a href="http://bigwaterproperties.com/blog/2009/11/12/october-09-west-sound-market-graphs#comments" target="_blank"&gt;Comments&lt;/a&gt;&lt;/P&gt;</description><author>Wayne Paulson</author><guid isPermaLink="true">http://bigwaterproperties.com/blog/2009/11/12/october-09-west-sound-market-graphs</guid><pubDate>Thu, 12 Nov 2009 15:16:00 GMT</pubDate></item><item><title>September 09 West Sound Market Statistics</title><link>http://bigwaterproperties.com/blog/2009/10/20/september-09-west-sound-market-statistics</link><description>&amp;nbsp;
&lt;table style="margin-left: 4.8pt; width: 360.6pt; border-collapse: collapse" cellspacing="0" cellpadding="0" width="601" border="0"&gt;
    &lt;tbody&gt;
        &lt;tr style="height: 13.8pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 153.6pt; padding-top: 0in; height: 13.8pt" valign="bottom" noWrap width="256" colspan="2"&gt;
            &lt;p&gt;&lt;strong&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Bainbridge&lt;/span&gt;&lt;/strong&gt;&lt;strong&gt; &lt;/strong&gt;&lt;strong&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Island&lt;/span&gt;&lt;/strong&gt;&lt;strong&gt;&lt;/strong&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 1in; padding-top: 0in; height: 13.8pt" valign="bottom" noWrap width="120"&gt;
            &lt;p align="center"&gt;&lt;strong&gt;&lt;em&gt;&lt;span style="font-size: 10pt; color: #969696; font-family: Arial"&gt;27-Sep-09&lt;/span&gt;&lt;/em&gt;&lt;/strong&gt;&lt;strong&gt;&lt;em&gt;&lt;/em&gt;&lt;/strong&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 13.8pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&lt;strong&gt;&lt;em&gt;&lt;span style="font-size: 10pt; color: #969696; font-family: Arial"&gt;Trend&lt;/span&gt;&lt;/em&gt;&lt;/strong&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 153.6pt; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="256" colspan="2"&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Total Active Listings&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 1in; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="120"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;248&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 13.2pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Slowly Downward&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 153.6pt; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="256" colspan="2"&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Average List Price&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 1in; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="120"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;$987,569 &lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 13.2pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Steady&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 153.6pt; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="256" colspan="2"&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Average Market Days (Sold)&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 1in; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="120"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;154&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 13.2pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Down&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 153.6pt; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="256" colspan="2"&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Average Market Days (Active)&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 1in; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="120"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;159&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 13.2pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Down&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 15pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 153.6pt; padding-top: 0in; height: 15pt" valign="bottom" noWrap width="256" colspan="2"&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Number of Pending New Sales&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 1in; padding-top: 0in; height: 15pt" valign="bottom" noWrap width="120"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;16&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 15pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Upward&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 153.6pt; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="256" colspan="2"&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Average Sales Price (Closed)&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 1in; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="120"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;$595,006 &lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 13.2pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Down&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 153.6pt; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="256" colspan="2"&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Sales Price to List Price Ratio&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 1in; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="120"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;94.11%&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 13.2pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Down&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.8pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 153.6pt; padding-top: 0in; height: 13.8pt" valign="bottom" noWrap width="256" colspan="2"&gt;
            &lt;p&gt;&amp;nbsp;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 1in; padding-top: 0in; height: 13.8pt" valign="bottom" noWrap width="120"&gt;
            &lt;p align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 13.8pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 153.6pt; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="256" colspan="2"&gt;
            &lt;p&gt;&amp;nbsp;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 1in; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="120"&gt;
            &lt;p align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 13.2pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.8pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 153.6pt; padding-top: 0in; height: 13.8pt" valign="bottom" noWrap width="256" colspan="2"&gt;
            &lt;p&gt;&lt;strong&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;North Kitsap&lt;/span&gt;&lt;/strong&gt;&lt;strong&gt;&lt;/strong&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 1in; padding-top: 0in; height: 13.8pt" valign="bottom" noWrap width="120"&gt;
            &lt;p align="center"&gt;&lt;strong&gt;&lt;em&gt;&lt;span style="font-size: 10pt; color: #969696; font-family: Arial"&gt;27-Sep-09&lt;/span&gt;&lt;/em&gt;&lt;/strong&gt;&lt;strong&gt;&lt;em&gt;&lt;/em&gt;&lt;/strong&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 13.8pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&lt;strong&gt;&lt;em&gt;&lt;span style="font-size: 10pt; color: #969696; font-family: Arial"&gt;Trend&lt;/span&gt;&lt;/em&gt;&lt;/strong&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 153.6pt; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="256" colspan="2"&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Total Active Listings&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 1in; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="120"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;390&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 13.2pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Little Change&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 153.6pt; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="256" colspan="2"&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Average List Price&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 1in; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="120"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;$480,227 &lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 13.2pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Down Trend Moderating &lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 15pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 153.6pt; padding-top: 0in; height: 15pt" valign="bottom" noWrap width="256" colspan="2"&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Average Market Days (Sold)&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 1in; padding-top: 0in; height: 15pt" valign="bottom" noWrap width="120"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;94&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 15pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Steady&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 15pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 153.6pt; padding-top: 0in; height: 15pt" valign="bottom" noWrap width="256" colspan="2"&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Average Market Days (Active)&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 1in; padding-top: 0in; height: 15pt" valign="bottom" noWrap width="120"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;128&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 15pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Steady&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 153.6pt; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="256" colspan="2"&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Number of Pending New Sales&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 1in; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="120"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;29&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 13.2pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Steady&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 153.6pt; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="256" colspan="2"&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Average Sales Price (Closed)&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 1in; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="120"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;$336,975 &lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 13.2pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Steady &lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 153.6pt; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="256" colspan="2"&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Sales Price to List Price Ratio&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 1in; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="120"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;98.99%&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 13.2pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Steady&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.8pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 153.6pt; padding-top: 0in; height: 13.8pt" valign="bottom" noWrap width="256" colspan="2"&gt;
            &lt;p&gt;&amp;nbsp;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 1in; padding-top: 0in; height: 13.8pt" valign="bottom" noWrap width="120"&gt;
            &lt;p align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 13.8pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 153.6pt; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="256" colspan="2"&gt;
            &lt;p&gt;&amp;nbsp;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 1in; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="120"&gt;
            &lt;p align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 13.2pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&amp;nbsp;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.8pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 153.6pt; padding-top: 0in; height: 13.8pt" valign="bottom" noWrap width="256" colspan="2"&gt;
            &lt;p&gt;&lt;strong&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;South &lt;/span&gt;&lt;/strong&gt;&lt;strong&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;East Jefferson&lt;/span&gt;&lt;/strong&gt;&lt;strong&gt;&lt;/strong&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 1in; padding-top: 0in; height: 13.8pt" valign="bottom" noWrap width="120"&gt;
            &lt;p align="center"&gt;&lt;strong&gt;&lt;em&gt;&lt;span style="font-size: 10pt; color: #969696; font-family: Arial"&gt;27-Sep-09&lt;/span&gt;&lt;/em&gt;&lt;/strong&gt;&lt;strong&gt;&lt;em&gt;&lt;/em&gt;&lt;/strong&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 13.8pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&lt;strong&gt;&lt;em&gt;&lt;span style="font-size: 10pt; color: #969696; font-family: Arial"&gt;Trend&lt;/span&gt;&lt;/em&gt;&lt;/strong&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 153.6pt; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="256" colspan="2"&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Total Active Listings&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 1in; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="120"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;559&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 13.2pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Upward Trend Moderating&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 153.6pt; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="256" colspan="2"&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Average List Price&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 1in; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="120"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;$477,235 &lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 13.2pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Upward Trend Moderating &lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 153.6pt; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="256" colspan="2"&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Average Market Days (Sold)&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 1in; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="120"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;195&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 13.2pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Upward&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 153.6pt; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="256" colspan="2"&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Average Market Days (Active)&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 1in; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="120"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;197&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 13.2pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Upward&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 153.6pt; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="256" colspan="2"&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Number of Pending New Sales&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 1in; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="120"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;8&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 13.2pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Slightly Upward&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.2pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 153.6pt; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="256" colspan="2"&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Average Sales Price (Closed)&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 1in; padding-top: 0in; height: 13.2pt" valign="bottom" noWrap width="120"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;$281,686 &lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 13.2pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Down Trend Moderating &lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr style="height: 13.8pt"&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 143pt; padding-top: 0in; height: 13.8pt" valign="bottom" noWrap width="238"&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Sales Price to List Price Ratio&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 82.6pt; padding-top: 0in; height: 13.8pt" valign="bottom" noWrap width="138" colspan="2"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;94.96%&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 135pt; padding-top: 0in; height: 13.8pt" valign="bottom" width="225"&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;Slightly Downward&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
    &lt;/tbody&gt;
&lt;/table&gt;&lt;P&gt;&lt;a href="http://bigwaterproperties.com/blog/2009/10/20/september-09-west-sound-market-statistics" target="_blank"&gt;Permalink&lt;/a&gt; | &lt;a href="http://bigwaterproperties.com/blog/2009/10/20/september-09-west-sound-market-statistics#comments" target="_blank"&gt;Comments&lt;/a&gt;&lt;/P&gt;</description><author>Wayne Paulson</author><guid isPermaLink="true">http://bigwaterproperties.com/blog/2009/10/20/september-09-west-sound-market-statistics</guid><pubDate>Tue, 20 Oct 2009 21:39:00 GMT</pubDate></item><item><title>September 09 West Sound Market Graphs</title><link>http://bigwaterproperties.com/blog/2009/10/20/september-09-west-sound-market-graphs</link><description>&lt;span style="font-size: 10pt"&gt;The graphs accessed through the link below&amp;nbsp;show the average market time, average list price and average sales price for homes over the past several years for North Kitsap County (NK), Southeast Jefferson County (SEJ) and Bainbridge Island (BI). &lt;br /&gt;
&lt;br /&gt;
&lt;/span&gt;
&lt;div&gt;&lt;span style="font-size: 10pt"&gt;The graphs continue to&amp;nbsp;show buyer's markets. In NK, average selling prices have recently shown a slight upward trend (mostly&amp;nbsp;due to some upper end sales). In SEJ the downward trend in average selling prices continues to moderate. In BI, the abrupt increase in average selling prices driven by high end sales has disappeared just as abruptly.&amp;nbsp;&lt;br /&gt;
&lt;br /&gt;
Unit sales have increased significantly in NK, especially in the lower end of the market. They are increasing more slowly in BI, and even more slowly in SEJ. Inventories remain constant in NK and&amp;nbsp;have stabilized at elevated levels in SEJ and BI.&lt;/span&gt;&lt;/div&gt;
&lt;div&gt;&lt;span style="font-family: Arial"&gt;&lt;span style="font-size: 10pt"&gt;&lt;br /&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-size: 10pt"&gt;The graphs are dynamic and will contain updated data as of the month you are viewing them. To view the graphs, click on the link below:&lt;/span&gt; &lt;/p&gt;
&lt;div&gt;&amp;nbsp;&lt;/div&gt;
&lt;div&gt;
&lt;div&gt;&lt;a title="Market Graphs" style="color: #800000" href="http://bigwaterproperties.com/index.cfm?fuseaction=page&amp;amp;page=14270"&gt;&lt;span style="font-size: 10pt"&gt;&lt;strong&gt;Market Graphs&lt;/strong&gt;&lt;/span&gt;&lt;/a&gt;&amp;nbsp; &lt;/div&gt;
&lt;/div&gt;
&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div&gt;&amp;nbsp;&lt;/div&gt;
&lt;div&gt;&amp;nbsp;&lt;/div&gt;&lt;P&gt;&lt;a href="http://bigwaterproperties.com/blog/2009/10/20/september-09-west-sound-market-graphs" target="_blank"&gt;Permalink&lt;/a&gt; | &lt;a href="http://bigwaterproperties.com/blog/2009/10/20/september-09-west-sound-market-graphs#comments" target="_blank"&gt;Comments&lt;/a&gt;&lt;/P&gt;</description><author>Wayne Paulson</author><guid isPermaLink="true">http://bigwaterproperties.com/blog/2009/10/20/september-09-west-sound-market-graphs</guid><pubDate>Tue, 20 Oct 2009 21:39:00 GMT</pubDate></item><item><title>July 09 Market Graphs</title><link>http://bigwaterproperties.com/blog/2009/08/12/july-09-market-graphs</link><description>&lt;div style="margin: 0in 0in 0pt; line-height: normal"&gt;&lt;span style="font-size: 12pt; font-family: 'Times New Roman'"&gt;&lt;span style="font-family: Arial"&gt;&lt;span style="font-size: 10pt"&gt;The graphs accessed through the link below show the average market time, average list price and average sales price for homes over the past several years for North Kitsap County (NK), Southeast Jefferson County (SEJ) and Bainbridge Island (BI). &lt;font size="2"&gt;The average list price is calculated using all the homes currently on the market. The average sales price is calculated using the sales over the past 90 days.&lt;/font&gt;&lt;br /&gt;
&lt;br /&gt;
At the time these graphs were created, the average sales price was&amp;nbsp;66 percent of the average list price for NK,&amp;nbsp;54 percent for SEJ and&amp;nbsp;74 percent for BI. These figures are significantly down from historic levels, a clear indication that the lower price range is where the sales are occurring.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;
&lt;p style="margin: 0in 0in 0pt; line-height: normal"&gt;&lt;span style="font-family: Arial"&gt;&lt;span style="font-size: 10pt"&gt;&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt; line-height: normal"&gt;&lt;span style="font-size: 12pt; font-family: 'Times New Roman'"&gt;&lt;span style="font-family: Arial"&gt;&lt;span style="font-size: 10pt"&gt;The graphs continue to&amp;nbsp;show buyers' markets. Increases in average selling prices (probably due to some upper end sales) have reversed in all three areas. Unit sales have increased significantly in NK, especially in the lower end of the market. They are increasing more slowly in BI, and are holding at about the same low rate in SEJ. Inventories have stabilized in NK, are increasing in SEJ and BI.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;div style="margin: 0in 0in 0pt; line-height: normal"&gt;&lt;span style="font-family: Arial"&gt;&lt;span style="font-size: 10pt"&gt;&lt;br /&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-size: 10pt"&gt;The graphs are dynamic and will contain updated data as of the month you are viewing them. To view the graphs, click on the link below:&lt;/span&gt; &lt;/p&gt;
&lt;div&gt;&amp;nbsp;&lt;/div&gt;
&lt;div&gt;
&lt;div&gt;&lt;a title="Market Graphs" style="color: #800000" href="http://bigwaterproperties.com/index.cfm?fuseaction=page&amp;amp;page=14270"&gt;&lt;span style="font-size: 10pt"&gt;&lt;strong&gt;Market Graphs&lt;/strong&gt;&lt;/span&gt;&lt;/a&gt;&amp;nbsp; &lt;/div&gt;
&lt;/div&gt;
&lt;/span&gt;&lt;/span&gt;&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;&lt;P&gt;&lt;a href="http://bigwaterproperties.com/blog/2009/08/12/july-09-market-graphs" target="_blank"&gt;Permalink&lt;/a&gt; | &lt;a href="http://bigwaterproperties.com/blog/2009/08/12/july-09-market-graphs#comments" target="_blank"&gt;Comments&lt;/a&gt;&lt;/P&gt;</description><author>Wayne Paulson</author><guid isPermaLink="true">http://bigwaterproperties.com/blog/2009/08/12/july-09-market-graphs</guid><pubDate>Wed, 12 Aug 2009 11:37:00 GMT</pubDate></item><item><title>July 09 Market Statistics</title><link>http://bigwaterproperties.com/blog/2009/08/12/july-09-market-statistics</link><description>&lt;table style="width: 385.5pt" cellspacing="0" cellpadding="0" width="643" border="0"&gt;
    &lt;tbody&gt;
        &lt;tr&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 178.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="298"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal"&gt;&lt;strong&gt;&lt;span style="font-size: 12pt; font-family: 'Times New Roman'"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;BainbridgeIsland&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;&lt;strong&gt;&lt;em&gt;&lt;span style="font-size: 10pt; color: #969696; font-family: Arial"&gt;26-Jul-09&lt;/span&gt;&lt;/em&gt;&lt;/strong&gt;&lt;strong&gt;&lt;em&gt;&lt;/em&gt;&lt;/strong&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;strong&gt;&lt;em&gt;&lt;span style="font-size: 10pt; color: #969696; font-family: Arial"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;Trend&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/em&gt;&lt;/strong&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 178.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="298"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal"&gt;&lt;span style="font-size: 12pt; font-family: 'Times New Roman'"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;Total Active Listings&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;262&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;Up Moderately&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 178.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="298"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal"&gt;&lt;span style="font-size: 12pt; font-family: 'Times New Roman'"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;Average List Price&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;$995,665 &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;Down &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 178.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="298"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal"&gt;&lt;span style="font-size: 12pt; font-family: 'Times New Roman'"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;Average Market Days (Sold)&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;101&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;Down&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 178.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="298"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal"&gt;&lt;span style="font-size: 12pt; font-family: 'Times New Roman'"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;Average Market Days (Active)&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;170&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;Down&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 178.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="298"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal"&gt;&lt;span style="font-size: 12pt; font-family: 'Times New Roman'"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;Number of Pending New Sales&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;7&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;Up slightly&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 178.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="298"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal"&gt;&lt;span style="font-size: 12pt; font-family: 'Times New Roman'"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;Average Sales Price (Closed)&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;$712,070 &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;Down &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 178.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="298"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal"&gt;&lt;span style="font-size: 12pt; font-family: 'Times New Roman'"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;Sales Price to List Price Ratio&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;95.78%&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;Little Change&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 178.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="298"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 178.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="298"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 178.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="298"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal"&gt;&lt;strong&gt;&lt;span style="font-size: 12pt; font-family: 'Times New Roman'"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;North Kitsap&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/strong&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;&lt;strong&gt;&lt;em&gt;&lt;span style="font-size: 10pt; color: #969696; font-family: Arial"&gt;26-Jul-09&lt;/span&gt;&lt;/em&gt;&lt;/strong&gt;&lt;strong&gt;&lt;em&gt;&lt;/em&gt;&lt;/strong&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;strong&gt;&lt;em&gt;&lt;span style="font-size: 10pt; color: #969696; font-family: Arial"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;Trend&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/em&gt;&lt;/strong&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 178.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="298"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal"&gt;&lt;span style="font-size: 12pt; font-family: 'Times New Roman'"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;Total Active Listings&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;419&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;Down&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 178.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="298"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal"&gt;&lt;span style="font-size: 12pt; font-family: 'Times New Roman'"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;Average List Price&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;$472,871 &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;Down &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 178.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="298"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal"&gt;&lt;span style="font-size: 12pt; font-family: 'Times New Roman'"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;Average Market Days (Sold)&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;100&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;Down&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 178.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="298"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal"&gt;&lt;span style="font-size: 12pt; font-family: 'Times New Roman'"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;Average Market Days (Active)&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;123&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;Down&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 178.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="298"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal"&gt;&lt;span style="font-size: 12pt; font-family: 'Times New Roman'"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;Number of Pending New Sales&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;19&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;Upward&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 178.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="298"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal"&gt;&lt;span style="font-size: 12pt; font-family: 'Times New Roman'"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;Average Sales Price (Closed)&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;$317,439 &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;Down &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 178.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="298"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal"&gt;&lt;span style="font-size: 12pt; font-family: 'Times New Roman'"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;Sales Price to List Price Ratio&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;99.52%&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;Up Slightly&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 178.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="298"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 178.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="298"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 178.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="298"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;&lt;strong&gt;&lt;span style="font-size: 12pt; font-family: 'Times New Roman'"&gt;South &lt;/span&gt;&lt;/strong&gt;&lt;strong&gt;&lt;span style="font-size: 12pt; font-family: 'Times New Roman'"&gt;East Jefferson&lt;/span&gt;&lt;/strong&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;&lt;strong&gt;&lt;em&gt;&lt;span style="font-size: 10pt; color: #969696; font-family: Arial"&gt;26-Jul-09&lt;/span&gt;&lt;/em&gt;&lt;/strong&gt;&lt;strong&gt;&lt;em&gt;&lt;/em&gt;&lt;/strong&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;&lt;strong&gt;&lt;em&gt;&lt;span style="font-size: 10pt; color: #969696; font-family: Arial"&gt;26-Jul-09&lt;/span&gt;&lt;/em&gt;&lt;/strong&gt;&lt;strong&gt;&lt;em&gt;&lt;/em&gt;&lt;/strong&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 178.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="298"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal"&gt;&lt;span style="font-size: 12pt; font-family: 'Times New Roman'"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;Total Active Listings&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;576&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;Up&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 178.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="298"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal"&gt;&lt;span style="font-size: 12pt; font-family: 'Times New Roman'"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;Average List Price&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;$474,136 &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;Up Slightly &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 178.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="298"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal"&gt;&lt;span style="font-size: 12pt; font-family: 'Times New Roman'"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;Average Market Days (Sold)&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;178&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;Down&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 178.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="298"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal"&gt;&lt;span style="font-size: 12pt; font-family: 'Times New Roman'"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;Average Market Days (Active)&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;183&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;Down&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 178.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="298"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal"&gt;&lt;span style="font-size: 12pt; font-family: 'Times New Roman'"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;Number of Pending New Sales&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;8&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;Little Change&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 178.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="298"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal"&gt;&lt;span style="font-size: 12pt; font-family: 'Times New Roman'"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;Average Sales Price (Closed)&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;$253,604 &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;Down &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 178.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="298"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal"&gt;&lt;span style="font-size: 12pt; font-family: 'Times New Roman'"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;Sales Price to List Price Ratio&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" noWrap width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;94.25%&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="border-right: #d4d0c8; padding-right: 0in; border-top: #d4d0c8; padding-left: 0in; padding-bottom: 0in; border-left: #d4d0c8; width: 103.5pt; padding-top: 0in; border-bottom: #d4d0c8; background-color: transparent" valign="bottom" width="173"&gt;
            &lt;p style="margin: 0in 0in 0pt; line-height: normal" align="center"&gt;&lt;span style="font-size: 10pt; font-family: Arial"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="font-family: Arial"&gt;Down&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
    &lt;/tbody&gt;
&lt;/table&gt;&lt;P&gt;&lt;a href="http://bigwaterproperties.com/blog/2009/08/12/july-09-market-statistics" target="_blank"&gt;Permalink&lt;/a&gt; | &lt;a href="http://bigwaterproperties.com/blog/2009/08/12/july-09-market-statistics#comments" target="_blank"&gt;Comments&lt;/a&gt;&lt;/P&gt;</description><author>Wayne Paulson</author><guid isPermaLink="true">http://bigwaterproperties.com/blog/2009/08/12/july-09-market-statistics</guid><pubDate>Wed, 12 Aug 2009 11:28:00 GMT</pubDate></item><item><title>May 09 West Sound Market Graphs</title><link>http://bigwaterproperties.com/blog/2009/06/05/may-09-west-sound-market-graphs</link><description>&lt;div style="margin: 0in 0in 0pt"&gt;&lt;span style="font-size: 10pt"&gt;The graphs reached through the link below show the average market time, average list price and average sales price for homes over the past several years for North Kitsap County (NK), Southeast Jefferson County (SEJ) and Bainbridge Island (BI). They can help you understand the market in terms of absolute numbers and trends.&amp;nbsp;The average list price is calculated using all the homes currently on the market. The average sales price is calculated using the sales over the past 90 days.&lt;br /&gt;
&lt;br /&gt;
&lt;p style="margin: 0in 0in 0pt; line-height: normal"&gt;&lt;span style="font-size: 10pt"&gt;The graphs continue to&amp;nbsp;show buyers' markets. Increases in average selling prices have stalled slightly, but unit sales are increasing slowly in SEJ and BI, and more significantly in NK. Inventories are continuing to drop in NK and slowly increase in SEJ and BI. It will be interesting to see what effect the completion of the Hood Canal Bridge project will have on the market in SEJ. My feeling is that it will remove one drag on the market, but will not cause a dramatic change since there are many other forces at work as well.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div&gt;&lt;/div&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-size: 10pt"&gt;The graphs are dynamic and will contain updated data as of the month you are viewing them. To view the graphs, click on the link below:&lt;/span&gt; &lt;/p&gt;
&lt;div&gt;&amp;nbsp;&lt;/div&gt;
&lt;div&gt;
&lt;div&gt;&lt;a title="Market Graphs" style="color: #800000" href="http://bigwaterproperties.com/index.cfm?fuseaction=page&amp;amp;page=14270"&gt;&lt;span style="font-size: 10pt"&gt;&lt;strong&gt;Market Graphs&lt;/strong&gt;&lt;/span&gt;&lt;/a&gt;&amp;nbsp; &lt;/div&gt;
&lt;/div&gt;
&lt;/span&gt;&lt;/span&gt;&lt;P&gt;&lt;a href="http://bigwaterproperties.com/blog/2009/06/05/may-09-west-sound-market-graphs" target="_blank"&gt;Permalink&lt;/a&gt; | &lt;a href="http://bigwaterproperties.com/blog/2009/06/05/may-09-west-sound-market-graphs#comments" target="_blank"&gt;Comments&lt;/a&gt;&lt;/P&gt;</description><author>Wayne Paulson</author><guid isPermaLink="true">http://bigwaterproperties.com/blog/2009/06/05/may-09-west-sound-market-graphs</guid><pubDate>Fri, 05 Jun 2009 16:57:00 GMT</pubDate></item><item><title>May 09 West Sound Market Statistics</title><link>http://bigwaterproperties.com/blog/2009/06/05/may-09-west-sound-market-statistics</link><description>&lt;p style="margin: 0in 0in 0pt; line-height: normal"&gt;&amp;nbsp;&lt;/p&gt;
&lt;table style="width: 495px" cellspacing="0" cellpadding="0" width="470" border="0"&gt;
    &lt;tbody&gt;
        &lt;tr&gt;
            &lt;td valign="bottom" noWrap&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt"&gt;&lt;strong&gt;Bainbridge Island&lt;/strong&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td valign="bottom" noWrap&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt"&gt;&lt;strong&gt;&lt;em&gt;31-May-09&lt;/em&gt;&lt;/strong&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td style="height: 18px" valign="bottom" noWrap&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt"&gt;Total Active Listings&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td valign="bottom" noWrap&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt"&gt;245&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td valign="bottom" noWrap&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt"&gt;Average List Price&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="height: 21px" valign="bottom" noWrap&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt"&gt;$986,052&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td valign="bottom" noWrap&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt"&gt;Average Market Days (Sold)&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td valign="bottom" noWrap&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt"&gt;129&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td valign="bottom" noWrap&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt"&gt;Average Market Days (Active)&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td valign="bottom" noWrap&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt"&gt;173&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td valign="bottom" noWrap&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt"&gt;Number of Pending New Sales&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td valign="bottom" noWrap&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt"&gt;5&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td valign="bottom" noWrap&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt"&gt;Average Sales Price (Closed)&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td valign="bottom" noWrap&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt"&gt;$789,454&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td valign="bottom" noWrap&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt"&gt;Sales Price to List Price Ratio&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td valign="bottom" noWrap&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt"&gt;98.19%&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td valign="bottom" noWrap&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt"&gt;&amp;nbsp;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td valign="bottom" noWrap&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt"&gt;&amp;nbsp;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td valign="bottom" noWrap&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt"&gt;&amp;nbsp;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td valign="bottom" noWrap&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt"&gt;&amp;nbsp;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td valign="bottom" noWrap&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt"&gt;&lt;strong&gt;North Kitsap&lt;/strong&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td valign="bottom" noWrap&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt"&gt;&lt;em&gt;&lt;strong&gt;31-May-09&lt;/strong&gt;&lt;/em&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td valign="bottom" noWrap&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt"&gt;Total Active Listings&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td valign="bottom" noWrap&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt"&gt;382&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td valign="bottom" noWrap&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt"&gt;Average List Price&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td valign="bottom" noWrap&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt"&gt;$483,236 &lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td valign="bottom" noWrap&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt"&gt;Average Market Days (Sold)&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="height: 18px" valign="bottom" noWrap&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt"&gt;121&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td valign="bottom" noWrap&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt"&gt;Average Market Days (Active)&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td valign="bottom" noWrap&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt"&gt;131&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td valign="bottom" noWrap&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt"&gt;Number of Pending New Sales&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td valign="bottom" noWrap&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt"&gt;17&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td valign="bottom" noWrap&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt"&gt;Average Sales Price (Closed)&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td valign="bottom" noWrap&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt"&gt;$337,839 &lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td style="width: 226px" valign="bottom" noWrap&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt"&gt;Sales Price to List Price Ratio&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td style="width: 267px; height: 18px" valign="bottom" noWrap&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt"&gt;98.84%&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td valign="bottom" noWrap&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt"&gt;&amp;nbsp;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td valign="bottom" noWrap&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt"&gt;&amp;nbsp;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td valign="bottom" noWrap&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt"&gt;&amp;nbsp;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td valign="bottom" noWrap&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt"&gt;&amp;nbsp;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td valign="bottom" noWrap&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt"&gt;&lt;strong&gt;South East Jefferson&lt;/strong&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td valign="bottom" noWrap&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt"&gt;&lt;em&gt;&lt;strong&gt;31-May-09&lt;/strong&gt;&lt;/em&gt;&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td valign="bottom" noWrap&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt"&gt;Total Active Listings&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td valign="bottom" noWrap&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt"&gt;488&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td valign="bottom" noWrap&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt"&gt;Average List Price&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td valign="bottom" noWrap&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt"&gt;$456,227 &lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td valign="bottom" noWrap&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt"&gt;Average Market Days (Sold)&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td valign="bottom" noWrap&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt"&gt;173&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td valign="bottom" noWrap&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt"&gt;Average Market Days (Active)&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td valign="bottom" noWrap&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt"&gt;200&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td valign="bottom" noWrap&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt"&gt;Number of Pending New Sales&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td valign="bottom" noWrap&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt"&gt;10&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td valign="bottom" noWrap&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt"&gt;Average Sales Price (Closed)&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td valign="bottom" noWrap&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt"&gt;$304,056 &lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
        &lt;tr&gt;
            &lt;td valign="bottom" noWrap&gt;
            &lt;p&gt;&lt;span style="font-size: 10pt"&gt;Sales Price to List Price Ratio&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
            &lt;td valign="bottom" noWrap&gt;
            &lt;p align="center"&gt;&lt;span style="font-size: 10pt"&gt;95.70%&lt;/span&gt;&lt;/p&gt;
            &lt;/td&gt;
        &lt;/tr&gt;
    &lt;/tbody&gt;
&lt;/table&gt;&lt;P&gt;&lt;a href="http://bigwaterproperties.com/blog/2009/06/05/may-09-west-sound-market-statistics" target="_blank"&gt;Permalink&lt;/a&gt; | &lt;a href="http://bigwaterproperties.com/blog/2009/06/05/may-09-west-sound-market-statistics#comments" target="_blank"&gt;Comments&lt;/a&gt;&lt;/P&gt;</description><author>Wayne Paulson</author><guid isPermaLink="true">http://bigwaterproperties.com/blog/2009/06/05/may-09-west-sound-market-statistics</guid><pubDate>Fri, 05 Jun 2009 16:52:00 GMT</pubDate></item><item><title>The Bridge is Back</title><link>http://bigwaterproperties.com/blog/2009/06/05/the-bridge-is-back</link><description>&lt;p style="margin: 0in 0in 0pt; line-height: normal"&gt;&lt;span style="font-size: 10pt"&gt;The Hood Canal Bridge is back, eight days ahead of schedule. During the closure, the commute to my office in Poulsbo went from 25 minutes each way to about an hour and a half. And it involved five vehicles -- car, bus, water shuttle, bus, car. Considering all of that, lots of smiles and greetings at all hours of the day and night from the commuters and workers alike made the trip relatively pleasant. At times it was almost a festive atmosphere. One morning I met a friend climbing on the bus with flowers from her garden for a party at work. &amp;nbsp;When we arrived at the water shuttle, she pulled a few out and presented them to the water shuttle crew. "I just wanted them to know I appreciate what they are doing," she explained.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt; line-height: normal"&gt;&lt;span style="font-size: 10pt"&gt;&amp;nbsp;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt; line-height: normal"&gt;&lt;span style="font-size: 10pt"&gt;The close-quarters commute made me feel more connected with my neighbors on the Olympic Peninsula too. It was a diverse group; a bank teller, a car dealership manager, a semi-pro football player returning from practice at North Kitsap High School, a fellow carrying a violin case and a hand finishing saw, fire fighters heading home from a training session and a young musician who has been touring with "a lady named Maria Muldaur" to name a few.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt; line-height: normal"&gt;&lt;span style="font-size: 10pt"&gt;&amp;nbsp;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt; line-height: normal"&gt;&lt;span style="font-size: 10pt"&gt;The Washington State Department of Transportation took great advantage of the new electronic communication tools available. They sent out text messages, emails and tweets, posted transportation schedules, project task lists, photos and videos on the project web site, and hosted a very informative and occasionally entertaining blog. In fact, the blog postings and comments Wednesday night (6/03), the night the bridge opened, created a following and sense of anticipation that seemed reminiscent of the early manned space shots&amp;nbsp;- especially as the draw span test count reached 15 out of the needed 20 successful cycles that would allow the bridge to be opened to traffic. It has made the blogger Joe Irwin a local celebrity. My wife overheard people talking about him and the blog at the grocery store the next day. &lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt; line-height: normal"&gt;&lt;span style="font-size: 10pt"&gt;&amp;nbsp;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt; line-height: normal"&gt;&lt;span style="font-size: 10pt"&gt;It was an amazing undertaking to complete in just over four weeks. Visits to the project web site and blog are worth your time.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt; line-height: normal"&gt;&lt;span style="font-size: 10pt"&gt;&amp;nbsp;&lt;/span&gt;&lt;/p&gt;
&lt;div style="margin: 0in 0in 0pt; line-height: normal"&gt;&lt;span style="font-size: 10pt"&gt;&lt;a href="http://www.wsdot.wa.gov/projects/sr104hoodcanalbridgeeast/"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="color: #800000"&gt;&lt;span style="color: #800000"&gt;&lt;strong&gt;Project Web Site&lt;br /&gt;
&lt;/strong&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/a&gt;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div style="margin: 0in 0in 0pt; line-height: normal"&gt;&lt;span style="font-size: 10pt"&gt;&lt;a href="http://hoodcanalbridge.blogspot.com/"&gt;&lt;span style="font-size: 10pt"&gt;&lt;span style="color: #800000"&gt;&lt;span style="color: #800000"&gt;&lt;strong&gt;Project Blog&lt;br /&gt;
&lt;br /&gt;
&lt;/strong&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/a&gt;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;
&lt;p style="margin: 0in 0in 0pt; line-height: normal"&gt;&lt;span style="font-size: 10pt"&gt;My wife and I have both been across the bridge now, and both of our cars are on the same side of the canal as we are. I'm glad the closure is over. But despite the serious inconvenience, I'd say that, overall, it was a positive experience. Who'da thought?&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;P&gt;&lt;a href="http://bigwaterproperties.com/blog/2009/06/05/the-bridge-is-back" target="_blank"&gt;Permalink&lt;/a&gt; | &lt;a href="http://bigwaterproperties.com/blog/2009/06/05/the-bridge-is-back#comments" target="_blank"&gt;Comments&lt;/a&gt;&lt;/P&gt;</description><author>Wayne Paulson</author><guid isPermaLink="true">http://bigwaterproperties.com/blog/2009/06/05/the-bridge-is-back</guid><pubDate>Fri, 05 Jun 2009 16:27:00 GMT</pubDate></item><item><title>The Bridge is Gone</title><link>http://bigwaterproperties.com/blog/2009/05/02/the-bridge-is-gone</link><description>&lt;div style="margin: 0in 0in 0pt" _tempcsstext="null"&gt;&lt;br /&gt;
&lt;img style="width: 279px; height: 187px" border="0" hspace="15" alt="Photo Credit WSDOT" vspace="5" align="right" src="http://bigwaterproperties.com/images/DOT_Photo_of_Bridge_Leaving.jpg" width="279" height="187" unselectable="on" /&gt;
&lt;div style="margin: 0in 0in 0pt" _tempcsstext="null"&gt;&lt;span style="font-size: 10pt" _tempcsstext="null"&gt;Well yesterday morning it happened. We saw the first piece of the old Hood Canal Bridge float by as it headed north. It was surreal in a way: a piece of road being hustled away by two tugs in the gray dawn, with light stanchions and traffic signs still attached. We can still look across the Hood Canal at Kitsap County from our home in Jefferson County, but with that piece of road missing, it is now a couple of hours away by car. &lt;/div&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&amp;nbsp;&lt;/p&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;
&lt;div style="margin: 0in 0in 0pt"&gt;&lt;span style="font-size: 10pt"&gt;I haven't yet tried the passenger ferry and shuttle bus to reach my car parked in Kitsap County. I'll do that next Monday. From that first trip I should know how to time my travels for appointments on each side of the canal. I'm sure we will adjust to the new travel methods&amp;nbsp;- one can tolerate almost anything for six weeks. But I'll be happy when we see the last piece of the new bridge float by headed south.&lt;/span&gt;&lt;/div&gt;
&lt;/span&gt;&lt;/div&gt;&lt;P&gt;&lt;a href="http://bigwaterproperties.com/blog/2009/05/02/the-bridge-is-gone" target="_blank"&gt;Permalink&lt;/a&gt; | &lt;a href="http://bigwaterproperties.com/blog/2009/05/02/the-bridge-is-gone#comments" target="_blank"&gt;Comments&lt;/a&gt;&lt;/P&gt;</description><author>Wayne Paulson</author><guid isPermaLink="true">http://bigwaterproperties.com/blog/2009/05/02/the-bridge-is-gone</guid><pubDate>Sat, 02 May 2009 12:39:00 GMT</pubDate></item><item><title>March 09 West Sound Market Graphs</title><link>http://bigwaterproperties.com/blog/2009/04/15/march-09-west-sound-market-graphs</link><description>&lt;div style="margin: 0in 0in 0pt"&gt;&lt;span style="font-size: 10pt"&gt;The graphs reached through the link below show the average market time, average list price and average sales price for homes over the past several years for North Kitsap County (NK), Southeast Jefferson County (SEJ) and Bainbridge Island (BI). They can help you understand the market in terms of absolute numbers and trends.&amp;nbsp;The average list price is calculated using all the homes currently on the market. The average sales price is calculated using the sales over the past 90 days.&lt;br /&gt;
&lt;br /&gt;
The graphs continue to show sluggish&amp;nbsp;buyers markets, with some signs of improvement.&amp;nbsp;The increases in average market times are slowing. &amp;nbsp;The rate of decrease in average selling price is slowing in NK and the average selling price took a big jump in BI.&amp;nbsp;The rate of decrease in the average selling price&amp;nbsp;has been&amp;nbsp;accelerating in SEJ, but recently leveled.&amp;nbsp;The&amp;nbsp;inventories are&amp;nbsp;holding steady in NK and increasing in&amp;nbsp;SEJ and BI.&lt;br /&gt;
&lt;br /&gt;
It is important to remember a point I made in an earlier posting about average prices&amp;nbsp;(&lt;a title="What's Driving the Average Price Decrease?" href="http://bigwaterproperties.com/blog/2009/01/05/whats-driving-the-average-price-decrease/"&gt;&lt;span style="color: blue"&gt;What's Driving the Average Price Decrease?&lt;/span&gt;&lt;/a&gt;) - not all of the decline in average prices is due to a reduction in selling price of individual properties. A substantial portion is driven by the fact that fewer upper-end homes are being sold.&amp;nbsp;The&amp;nbsp;recent&amp;nbsp;big jump in average price in BI is also largely because several upper end homes sold.&lt;/div&gt;
&lt;br /&gt;
&lt;div&gt;&lt;/div&gt;
&lt;p style="margin: 0in 0in 0pt"&gt;&lt;span style="font-size: 10pt"&gt;The graphs are dynamic and will contain updated data as of the month you are viewing them. To view the graphs, click on the link below:&lt;/span&gt; &lt;/p&gt;
&lt;div&gt;&amp;nbsp;&lt;/div&gt;
&lt;div&gt;
&lt;div&gt;&lt;a title="Market Graphs" style="color: #800000" href="http://bigwaterproperties.com/index.cfm?fuseaction=page&amp;amp;page=14270"&gt;&lt;span style="font-size: 10pt"&gt;&lt;strong&gt;Market Graphs&lt;/strong&gt;&lt;/span&gt;&lt;/a&gt;&amp;nbsp; &lt;/div&gt;
&lt;/div&gt;
&lt;/span&gt;&lt;/span&gt;&lt;P&gt;&lt;a href="http://bigwaterproperties.com/blog/2009/04/15/march-09-west-sound-market-graphs" target="_blank"&gt;Permalink&lt;/a&gt; | &lt;a href="http://bigwaterproperties.com/blog/2009/04/15/march-09-west-sound-market-graphs#comments" target="_blank"&gt;Comments&lt;/a&gt;&lt;/P&gt;</description><author>Wayne Paulson</author><guid isPermaLink="true">http://bigwaterproperties.com/blog/2009/04/15/march-09-west-sound-market-graphs</guid><pubDate>Wed, 15 Apr 2009 15:20:00 GMT</pubDate></item></channel></rss>