2010 – MARCH – STONE HARBOR,NJ:

RESIDENTIAL – UNDER CONTRACT: 3/1/2010 TO 3/31/2010 = (5)

ORIGINAL REDUCED DAYS ON

ADDRESS LIST PRICE LIST PRICE MARKET

149 106^th (3)Bed., (1.5)Bth. $1,299,000. SAME 105

8500 Penn., Ave.(4)Bed.,(2)Bth. 1,800,000. SAME 1

12 90^th (4)Bed.,(3)Bth. 1,995,000. SAME 7

131 97^th (5)Bed.,(4)Bth. 1,995,000. SAME 92

* 153 102^nd (5)Bed.,(4/2)Bth. 3,695,000. 2,895,000. 1,118

(1)NEW CONSTRUCTION

RESIDENTIAL – COMPARABLE SALES: 3/1/2010 TO 3/31/2010 = (2)

ORIGINAL REDUCED SOLD CLOSING DAYS

ADDRESS LIST PRICE PRICE PRICE DATE onMkt

338 93^rd (4)Bed.,(2)Bth. $1,149,000. $949,000. $848,000. 3/26/10 527

* 298 90^th (6)Bed.,(6/3)Bth. 2,095,000. SAME 2,050,000. 3/10/10 40

(1)NEW CONSTRUCTION – MANUFACTURED HOME

(3,244,000.) (3,044,000.) (2,898,000.) (567)

Average Original Average Reduced Average Sold Average Days on

List Price = $1,622,000. List Price = $1,522,000. Price = $1,449,000. Market = 283

- Difference between ORIGINAL List Price and SOLD Price = (11%)

- Difference between ORIGINAL List Price and REDUCED Price = (6%)

LOTS/LAND – UNDER CONTRACT: 3/1/2010 TO 3/31/2010 = (1)

ORIGINAL REDUCED DAYS ON

ADDRESS LIST PRICE LIST PRICE MARKET

265 83^rd St. 34’x 110’ Lot $699,000. $549,000. 662

LOTS/LAND – COMPARABLE SALES: 3/1/2010 TO 3/31/2010 = (1)

ORIGINAL REDUCED SOLD CLOSING DAYS

ADDRESS LIST PRICE PRICE PRICE DATE onMkt

9915 First Ave. 100’x 110’ Lot $2,600,000. SAME $2,600,000. 3/27/10 22

COMMERCIAL – UNDER CONTRACT: 3/1/2010 TO 3/31/2010 = (0)

COMMERCIAL – COMPARABLE SALES: 3/1/2010 TO 3/31/2010 = (0)

MULTI-FAMILY – UNDER CONTRACT: 3/1/2010 TO 3/31/2010 = (1)

ORIGINAL REDUCED DAYS ON

ADDRESS LIST PRICE LIST PRICE MARKET

123 100^TH St. 70’x110’ Lot $2,300,000. $1,895,000. 1,471

MULTI-FAMILY – COMPARABLE SALES: 3/1/2010 TO 3/3/1/2010 = (2)

ORIGINAL REDUCED SOLD CLOSING DAYS

ADDRESS LIST PRICE PRICE PRICE DATE onMkt

8621 Third(2/2)Bed.,(1/1)Bth. $789,000. $599,000. $578,500. 3/27/10 733

317 110^th(3/3)Bed.,(1.5/1.5)Bth. 1,295,000. 1,075,000. 925,000. 3/26/10 440

(2,084,000.) (1,674,000.) (1,503,500.) (1,173)

Average Original Average Reduced Average Sold Average Days on

List Price = $1,042,000. List Price = $837,000. Price = $751,750. Market = 586

- Difference between ORIGINAL List Price and SOLD Price = (28%)

- Difference between ORIGINAL List Price and REDUCED List Price = (20%)

CONDO/TOWNHOUSE – UNDER CONTRACT: 3/1/2010 TO 3/31/2010 = (1)

ORIGINAL REDUCED DAYS ON

ADDRESS LIST PRICE LIST PRICE MARKET

261 83^rd (3)Bed.,(2.5)Bth. Front $459,000. $429,000. 100

CONDO/TOWNHOUSE – COMPARABLE SALES: 3/1/2010 TO 3/31/2010 = (1)

ORIGINAL REDUCED SOLD CLOSING DAYS

ADDRESS LIST PRICE PRICE PRICE DATE onMkt

10120 Thitd (0)Bed.,(1)Bth. #2 $194,500. SAME $179,000. 3/26/10 361

- Difference between ORIGINAL List Price and SOLD Price = (8%)

- Difference between ORIGINAL List Price and REDUCED Price = (0%)

TOTAL STONE HARBOR SALE INVENTORY (AS OF 4/5/2010) = 206

RESIDENTIAL 108

LOTS/LAND 7

COMMERCIAL 11

MULTI-FAMILY 12

CONDO/TOWNHOUSE 68