1. 10 Vital Statistics You Must KnowFairfax Co. Stats YTDTotal listings- 3,965Avg LP- $548,167Avg SP- $539,374LP/ SP- 97.7%DOM- 40Sales YTD- 10,489 (-10%)Appreciation/ Depreciation- +1.23%Months of Supply- 3.86Interest Rate- 3.91%Source: MRIS, Inc. October 20, 2014

2. 10 Vital Statistics You Must KnowPrince William Co. Stats YTDTotal listings- 1,962Avg LP- $355,275Avg SP- $351,307LP/ SP- 97.4%DOM- 44Sales YTD- 4,767 (-2.67%)Appreciation/ Depreciation- +4.99%Months of Supply- 3.69Interest Rate- 3.91%Source: MRIS, Inc. October 20, 2014 3. 10 Vital Statistics You Must KnowLoudoun Co. Stats YTDTotal listings- 2,270Avg LP- $483,925Avg SP- $477,868LP/ SP- 97.7%DOM- 41Sales YTD- 4,318 (-6.46%)Appreciation/ Depreciation- +4.26%Months of Supply- 5.18Interest Rate- 3.91%Source: MRIS, Inc. October 20, 2014 4. Local Market UpdateSeptember 2014Northern Virginia Available UC Abs Rate< $100,000 20 4 5.00$100,000$199,999 219 78 2.81$200,000-$299,999 576 172 3.35$300,000-$399,999 765 287 2.67$400,000-$499,999 7.59 2.67 2.64$500,000-$599,999 636 219 2.90$600,000-$699,999 487 136 3.58Source: MRIS, Inc.; Northern Virginia is comprised of the Counties of Arlington and Fairfax; and the Cities ofAlexandria, Fairfax & Falls Church. October 20, 2014 5. Local Market UpdateSeptember 2014Northern Virginia Available UC Abs Rate$700,000-$799,999 421 91 4.63$800,000-$899,999 284 79 3.59$900,000-$999,999 197 41 4.80$1M -$1.49M 507 76 6.67$1.5M -2.49 338 26 13.00$2.5 million + 161 5 32.20Overall 5,370 1,481 3.63Absorption Rate = the number of active listings/by the number of homes marked under contract in the past 30days. The absorption rate is the number of months it would take to deplete the inventory October 20, 2014 6. No VA Stats- SeptemberAvg. SP- -2.01%Units Sold- -6%DOM- +28.57% to 45 daysSource: MRIS, Inc. October 20, 2014 Year over year 7. Local Market UpdateSeptember 2014Prince William Available UC Abs Rate< $100,000 1 2 .50$100,000$199,999 117 56 2.09$200,000-$299,999 524 195 2.69$300,000-$399,999 453 120 3.78$400,000-$499,999 367 98 3.74$500,000-$599,999 255 32 7.97$600,000-$699,999 121 13 9.31Source: MRIS, Inc. October 20, 2014 8. Local Market UpdateSeptember 2014Prince William Available UC Abs Rate$700,000-$799,999 48 4 12.00$800,000-$899,999 28 7 4.00$900,000-$999,999 16 0 0.00$1M -$1.49M 23 4 5.75$1.5M -2.49 7 0 0.00$2.5 million + 1 0 0.00Overall 1,961 531 3.69Absorption Rate = the number of active listings/by the number of homes marked under contract in the past 30days. The absorption rate is the number of months it would take to deplete the inventory. October 20, 2014 9. Local Market UpdateSeptember 2014Loudoun Available UC Abs Rate< $100,000 1 1 1.00$100,000$199,999 55 15 3.67$200,000-$299,999 144 75 1.92$300,000-$399,999 417 115 3.63$400,000-$499,999 421 70 6.01$500,000-$599,999 328 64 5.13$600,000-$699,999 350 60 2.19Source: MRIS, Inc. October 20, 2014 10. Local Market UpdateSeptember 2014Loudoun Available UC Abs Rate$700,000-$799,999 197 12 16.42$800,000-$899,999 123 15 8.20$900,000-$999,999 49 4 12.25$1M -$1.49M 95 5 19.00$1.5M -2.49 53 2 26.50$2.5 million + 32 0 0.00Overall 2,265 438 6.17Absorption Rate = the number of active listings/by the number of homes marked under contract in the past 30days. The absorption rate is the number of months it would take to deplete the inventory. October 20, 2014 11. Local Market UpdateNo. VA Current Sept 2013 VarAvailable 5,372 3,736 +44%UC Last 30 Days 1,481 1,624 -9%Sold Last 30 Days 1,473 1,533 -4%Absorption Rate 3.63 2.30As of October 20, 2014 12. Local Market UpdateFairfax Co. Current Sept 2013 VarAvailable 3,965 2,718 +46%UC Last 30 Days 1,028 1,131 -9%Sold Last 30 Days 1,031 1,115 -8%Absorption Rate 3.86 2.40As of October, 2014 13. Fairfax Co. Stats- SeptemberAvg. SP- -3.24%Units Sold- -9.69%DOM- +32.35% to 45 daysSource: MRIS, Inc. October 20, 2014 Year over year 14. Local Market UpdateAlexandria City Current Sept 2013 VarAvailable 572 479 +19%UC Last 30 Days 172 200 -14%Sold Last 30 Days 167 179 -7%Absorption Rate 3.33 2.40As of October 20, 2014 15. Local Market UpdateArlington Co. Current Sept 2013 VarAvailable 707 450 +57%UC Last 30 Days 230 258 -11%Sold Last 30 Days 229 203 +13%Absorption Rate 3.07 1.74As of October 20, 2014 16. Local Market UpdateAnnandale Current Sept 2013 VarAvailable 148 98 +51%UC Last 30 Days 59 57 +4%Sold Last 30 Days 44 50 -12%Absorption Rate 2.51 1.72As of October 20, 2014SELLERSMARKET 17. Local Market UpdateAshburn Current Sept 2013 VarAvailable 599 303 +98%UC Last 30 Days 117 140 -16%Sold Last 30 Days 114 132 -14%Absorption Rate 5.12 2.16As of October 20, 2014 18. Local Market UpdateBristow Current Sept 2013 VarAvailable 131 75 +75%UC Last 30 Days 44 44 0%Sold Last 30 Days 33 48 -31%Absorption Rate 2.98 1.70As of October 20, 2014SELLERSMARKET 19. Local Market UpdateBurke Current Sept 2013 VarAvailable 126 83 +52%UC Last 30 Days 50 46 +9%Sold Last 30 Days 34 51 -33%Absorption Rate 2.52 1.86As of October 20, 2014SELLERSMARKET 20. Local Market UpdateCentreville Current Sept 2013 VarAvailable 248 165 +50%UC Last 30 Days 78 85 -8%Sold Last 30 Days 73 86 -15%Absorption Rate 3.18 1.98As of October 20, 2014 21. Local Market UpdateChantilly Current Sept 2013 VarAvailable 207 160 +29%UC Last 30 Days 43 54 -20%Sold Last 30 Days 53 50 +6%Absorption Rate 4.81 2.96As of October 20, 2014 22. Local Market UpdateClifton Current Sept 2013 VarAvailable 91 67 +36%UC Last 30 Days 8 13 -38%Sold Last 30 Days 11 9 +22%Absorption Rate 11.38 5.15As of October 20, 2014 23. Local Market UpdateFairfax Current Sept 2013 VarAvailable 493 302 +63%UC Last 30 Days 145 160 -9%Sold Last 30 Days 148 167 -11%Absorption Rate 3.40 1.89As of October 20, 2014 24. Local Market UpdateFairfax Station Current Sept 2013 VarAvailable 79 69 +14%UC Last 30 Days 15 20 -25%Sold Last 30 Days 10 10 0%Absorption Rate 5.27 3.45As of October 20, 2014 25. Local Market UpdateGainesville Current Sept 2013 VarAvailable 170 118 +44%UC Last 30 Days 60 65 -8%Sold Last 30 Days 53 47 +13%Absorption Rate 2.83 1.82As of October 20, 2014SELLERSMARKET 26. Local Market UpdateGreat Falls Current Sept 2013 VarAvailable 190 156 +22%UC Last 30 Days 23 18 +28%Sold Last 30 Days 11 20 -45%Absorption Rate 8.26 8.67As of October 20, 2014 27. Local Market UpdateHaymarket Current Sept 2013 VarAvailable 190 120 +58%UC Last 30 Days 40 36 +11%Sold Last 30 Days 28 38 -26%Absorption Rate 4.75 3.33As of October 20, 2014 28. Local Market UpdateHerndon Current Sept 2013 VarAvailable 247 149 +66%UC Last 30 Days 64 74 -14%Sold Last 30 Days 71 81 -12%Absorption Rate 3.86 2.01As of October 20, 2014 29. Local Market UpdateLeesburg Current Sept 2013 VarAvailable 539 368 +47%UC Last 30 Days 110 114 -4%Sold Last 30 Days 98 112 -13%Absorption Rate 4.90 3.23As of October 20, 2014 30. Local Market UpdateManassas Current Sept 2013 VarAvailable 501 347 +44%UC Last 30 Days 163 190 -14%Sold Last 30 Days 150 149 +1%Absorption Rate 3.07 1.83As of October 20, 2014 31. Local Market UpdateMcLean Current Sept 2013 VarAvailable 370 251 +47%UC Last 30 Days 53 55 -4%Sold Last 30 Days 47 52 -10%Absorption Rate 6.98 4.56As of October 20, 2014 32. Local Market UpdateReston Current Sept 2013 VarAvailable 296 155 +91%UC Last 30 Days 73 84 -13%Sold Last 30 Days 65 80 -19%Absorption Rate 4.05 1.85As of October 20, 2014 33. Local Market UpdateSpringfield Current Sept 2013 VarAvailable 257 183 +40%UC Last 30 Days 97 87 +11%Sold Last 30 Days 95 91 +4%Absorption Rate 2.65 2.10As of October 20, 2014SELLERSMARKET 34. Local Market UpdateSterling Current Sept 2013 VarAvailable 270 190 +42%UC Last 30 Days 101 119 -15%Sold Last 30 Days 97 110 -12%Absorption Rate 2.93 1.60As of October 20, 2014SELLERSMARKET 35. Local Market UpdateVienna/ Oakton Current Sept 2013 VarAvailable 373 246 +52%UC Last 30 Days 94 90 +4%Sold Last 30 Days 79 105 -25%Absorption Rate 3.97 2.73As of October 20, 2014 36. Local Market UpdateWoodbridge Current Sept 2013 VarAvailable 841 559 +50%UC Last 30 Days 237 271 -13%Sold Last 30 Days 220 237 -7%Absorption Rate 3.55 2.06As of October 20, 2014 37. Local Market UpdateDC Current Sept 2013 VarAvailable 1,482 1,349 +10%UC Last 30 Days 724 715 +1%Sold Last 30 Days 585 564 +4%Absorption Rate 2.05 1.89As of October 20, 2014SELLERSMARKET 38. Local Market UpdateLoudoun Co. Current Sept 2013 VarAvailable 2,270 1,497 +52%UC Last 30 Days 438 478 -8%Sold Last 30 Days 460 471 -2%Absorption Rate 5.18 3.13As of October 20, 2014 39. Local Market UpdatePrince William Current Sept 2013 VarAvailable 1,962 1,303 +51%UC Last 30 Days 531 596 -11%Sold Last 30 Days 506 517 -2%Absorption Rate 3.69 2.19As of October 20, 2014 40. Local Market UpdateGPAAR Current Sept 2013 VarAvailable 1,487 1,188 +25%UC Last 30 Days 219 201 +9%Sold Last 30 Days 174 203 -14%Absorption Rate 6.79 5.91As of October 20, 2014**Includes Fauquier, Culpeper, Orange, Madison and Rappahannock Counties 41. Local Market UpdateBRAR Current Sept 2013 VarAvailable 1,234 1,117 +10%UC Last 30 Days 209 222 -6%Sold Last 30 Days 194 212 -8%Absorption Rate 5.90 5.03As of October 20, 2014**Includes Clarke, Frederick, Warren Counties & Winchester City 42. Local Market UpdateFAAR Current Sept 2013 VarAvailable 2,146 1,841 +17%UC Last 30 Days 397 365 +9%Sold Last 30 Days 376 329 +14%Absorption Rate 5.41 5.04As of October 20, 2014**Includes Fredericksburg City, Stafford, Spotsylvania, King George and Caroline Counties