Mitchell, Maxwell & Jackson, Inc.

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For The Week
Ending 09/26/2008
Manhattan
Purchase Index: 16
Was: 17

6%
52 Week High: 172
52 Week Low: 44

For The Week
Ending 09/26/2008
Manhattan
Refinance Index: 10
Was: 15

33%
52 Week High: 84
52 Week Low: 9

For The Week
Ending 09/26/2008
30-Year Fixed Rate
At: 6.07%
Previous Week: 6.08%

52 Week High: 6.86%
52 Week Low: 5.98%

Residential
MMJ provides residential appraisal and market analysis services to the largest lending institutions and mortgage brokerages in the country, law firms, (estate planning, matrimonial cases and expert testimony), real estate agencies, housing corporations, developers, managing agents and private buyers and/or sellers.

MMJ is the leading real estate appraisal company in the Tri-State area and the principal source of New York City cooperative and condominium building and apartment information. Our affiliate, Cooperative Data Corporation (CDC), maintains the country's largest proprietary databases of cooperative and condominium apartment sales giving MMJ the ability to provide our clients with the most accurate and expeditious reports in the industry. In addition, MMJ employs analysis methodologies based on financial market reporting resulting in significantly more precise evaluations compared to any other source. While others in the industry arbitrarily monitor price per square foot and price per room rates, MMJ and CDC methodically track and study the sales history of a single unit over a period of time. This metric is dramatically more accurate in demonstrating actual changes in value over time. We are able to discern pricing trends and anticipate changes in the market thus aiding in the preparation of our appraisal reports by incorporating market condition comments, time adjustments, etc. We are dedicated to producing exceptional appraisal reports and to understanding and interpreting the current conditions of our markets.

Our technological advances are testimony to our willingness and desire to provide our clientele with the best services in the industry. Our clients can log onto our website and securely order appraisals, check the status of their reports and retrieve their completed appraisals thereby saving time in processing loans. In addition, various market report and links to our appraisers are also available.

For appraisals, please order online or contact us by telephone at 212.319.7300.

For market analysis, please contact Michael Martin at 212.319.7300, extension 275.