HOUSING MARKET OUTLOOK 2014

"IT'S GETTING BETTER ALL THE TIME"

HOUSING STARTS IMPROVING

1/2% TO 1% HIGHER BY YEAR'S END

LOOSENING UP - LITTLE BY LITTLE

3% - 5% in 2014 VS 5% - 20% in 2013

BUT HOME OWNERSHIP IS SLIPPING

Smaller Homes, Cheaper Markets

PEOPLE WAITING TO SELL NOW CAN!

AND DELINQUENCY RATES ARE PLUMMETING

KNOW YOUR GAME PLAN, EXECUTE IT DAILY

WHAT BUSINESS ARE WE IN?