Warren Real Estate Housing Market Report Ithaca and Surrounding Areas

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Warren Real Estate 2017 Housing Market Report Ithaca and Surrounding Areas

The WARREN Community Philosophy We believe that giving back to our community is the most meaningful and important investment we can make. The health and growth of our community is an initiative we take very seriously. Below are just some of the amazing organizations that we support: 2017 Warren Real Estate NEWS 64 Years Strong Warren Real Estate is proud and honored to have served the real estate needs of so many in the community for 64 years. Expanding on a legacy started by Ann Warren in 1953, her grandson Bryan leads the company into the future and has grown to be the area s #1 premiere real estate services provider. Expanding our Reach Warren Real Estate takes a stake in Horseheads/Corning/ Elmira NY by opening a branch office on W. Broad Street. With 4 locations and now in 3 markets in Central New York, Warren is committed to providing the best local service with top producing agents in your market. warrenhomes.com- market leader Warren Real Estate understands the importance of keeping up with the online marketplace. We have fully renovated and improved our online presence! On our new website, you will find cutting edge technology and extremely enhanced overall user e x p e r i e n c e! 2 All local stats in this report are based on IBR MLS reporting data. Information deemed reliable but not guaranteed.

The WARREN ADVANTAGE Choosing the right company makes all the difference! 1. Track Record and History For over 64 years, Warren has been a successful and highly reputable force in the Finger Lakes real estate business. Year after year, our stats show why we are the best choice: HIGHER Avg. Selling Price HIGHER Med. Selling Price HIGHER # of SOLD properties 2. The Local Choice Family-owned business with deep roots in our area. Fully committed to the health and growth of our local community. 3. Market Leader #1 in sales, year after year. Let our position become your position. 64 years strong. Number one in the marketplace year after year. Our success is directly connected to your success. Thank you for choosing the best in the business to help represent you in the buying and selling of your property. Company C Company D 4. Most Successful Agents The average sales of Warren agents outperformed the average agent sales of our largest competitor by 55%! Company E Warren Real Estate 178 MILLION 5. Tools and Resources Home to the area s top producers, Warren utilizes the latest technology, state-of-the-art facilities and the best sales techniques to fulfill all your real estate goals. Realty USA 141 MILLION 3 All local stats in this report are based on IBR MLS reporting data, information deemed reliable but not guaranteed.

COMPANY The WARREN ADVANTAGE SNAPSHOT Market Leader with Higher Average Sales Price and MORE SOLD LISTINGS Average Residential Selling Price by Company IBR Realty USA Warren $250,000 $233,967 $239,609 $239,105 $254,778 $231,250 $216,783 $213,729 $214,485 $215,590 $221,433 $212,500 $201,561 $236,409 $193,750 $204,351 $219,953 $216,181 $217,453 $175,000 2012 2013 2014 2015 Side-by-Side Comparison All property sales Ithaca Board of Realtors Avg Sale Price $221,433 Total Residential Sales $523 mil # of Res. listings sold 1,273 Warren Real Estate Average Sale Price $254,778 Marketshare $178 mil # sold Warren Listings 353 Realty USA Avg Sale Price $236,409 Marketshare $141 mil # sold RUSA Listings 327 Source: Ithaca Board of Realtors MLS data Warren Real Estate 2017 Warren Real Estate is excited to celebrate 64 years in the industry. Since 1953, Warren has been providing first class service to home buyers and sellers in Tompkins County. 4

National Data buyers sellers warren Northeast Region NAR National buyer and seller trends derived from National Association of Realtors (NAR) Home Buyer and Seller Profile, a comprehensive annual study 10 The number of homes a typical buyer viewed over an average of 12 weeks 66 The percent of home buyers who were married 10 How many years the typical seller lived in their home 20 Median distance (in miles) between old home and new home 64 The number of years Warren Real Estate has been the best in the business 80 How many top notch real estate professionals working everyday at Warren to help home buyers and sellers 88,200 43,100 178 The average gross household income of a typical buyer The average amount of equity in a home when it sold in Millions of dollars in volume of sales in 9 out of 10 buyers would use their agent again or recommend to others TOP10 What Buyers and Sellers can expect from their Warren Agent: 1)Immediate Access/Response 2)Honesty and Trustworthiness 3)Experience and Education 4)Good Communication and Technical Skills 5)Professional, Friendly, Assertive 6)Neighborhood Knowledge 7)Price Guidance 8)Wide Network 9)Negotiation Skills 10)Market Knowledge Warren Real Estate is in the business of providing high level service to buyers and sellers. On this page is a list of what you can expect from any Warren agent, and what skills you should ask for from any real estate professional. Thank you for allowing us to do what we love and what we do best - providing you with the best possible real estate service. 5

www.warrenhomes.com RESIDENTIAL Selling or Buying a HOME? KNOW YOUR MARKET Since 1953, putting people in their dream home has been the way of life at Warren. With 64 years experience buying, selling and marketing property, you can rely on Warren as your resource for finding information related to market trends, property values, inventory, zoning, land planning, subdivision, building lots, improvements, commercial, due diligence and more. With a Warren agent, you will find all of the resources, techniques and tools that you ll need in order to make more educated decisions about buying, selling and real estate investing. 1,000 How many homes sell yearly? ALL RESIDENTIAL SALES Number of Homes Sold 1036 Average Selling Price $221,433 Average Days on Market 87 Average Sell to List Ratio 96% 933 Lakefront Homes 867 # of homes Sold 55 Avg. selling price $350,787 800 2009 2011 2013 2015 Avg. Days on Market 141 Source of information: Ithaca Board of Realtors Multiple Listing Service. Statistics based on total residential sales reported to Ithaca Board of Realtors. Information deemed reliable but not guaranteed. 6

www.warrenhomes.com LAND Selling or Buying LAND? KNOW YOUR MARKET The Finger Lakes is abundant with beautiful land. With over 64 years experience buying and selling land, you can rely on Warren as your resource for finding answers to questions related to land values, trends, inventory, zoning, land planning, subdivision, building lots, improvements, commercial, due diligence and more. With a Warren agent, you will find many of the resources, techniques and tools that you ll need in order to make more educated decisions about buying and selling land and real estate investing. 170 How many land properties sell yearly? ALL LAND SALES Average Selling Price $63,319 # of Properties Sold 167 Average Days on Market 173 Average Sell to List Ratio 89% 113 57 Company B 0 2009 2011 2013 2015 Source of information: Ithaca Board of Realtors Multiple Listing Service. Statistics based on total residential sales reported to Ithaca Board of Realtors. Information deemed reliable but not guaranteed. 7

2008 2009 2010 2011 Residential Homes Sales: Market Overview $250,000,000 $229,404,112 $215,055,953 $212,983,529 $217,314,442 $217,500,000 $182,265,414 $189,677,308 $178,071,557 $172,729,662 $162,755,128 $185,000,000 $152,500,000 2012 2013 2014 2015 $120,000,000 In Detail Source of information: Ithaca Board of Realtors Multiple Listing Service. Statistics based on total residential sales reported to Ithaca Board of Realtors. Information deemed reliable but not guaranteed. 8

Accepted Contracts by Month Get your home on the market early to take advantage of the early buying surge! 140 105 70 35 Jan Feb March April May June July Aug Sept Oct Nov Dec 0 In Detail Source of information: Ithaca Board of Realtors Multiple Listing Service. Statistics based on total residential sales reported to Ithaca Board of Realtors. Information deemed reliable but not guaranteed. 9

When Do Homes Go Under Contract? Missed the Spring Market? Don t worry, there is still activity throughout the year! 26% 31% 25% 18% Jan-March Apr-June Jul-Sept In Detail Oct-Dec Although the Spring Market is when most properties go under contract, don t worry if you ve missed the Spring. Many properties get sold throughout the rest of the year (69% of contracts are accepted outside of the Spring market). Source of information: Ithaca Board of Realtors Multiple Listing Service. Statistics based on total residential sales reported to Ithaca Board of Realtors in. Information deemed reliable but not guaranteed. 10

Average Residential Selling Prices $230,000 $221,433 $213,729 $214,485 $215,590 $216,250 $203,379 $198,939 $198,770 $201,561 $190,231 $202,500 2008 2009 2010 2011 $188,750 2012 2013 2014 2015 $175,000 In Detail Source of information: Ithaca Board of Realtors Multiple Listing Service. Statistics based on total residential sales reported to Ithaca Board of Realtors. Information deemed reliable but not guaranteed. 11

Average Residential Days on the Market (List Date to Close Date) 200 162.5 141 146 149 161 162 157 144 151 144 125 87.5 50 2008 2009 2010 2011 2012 2013 2014 2015 In Detail Source of information: Ithaca Board of Realtors Multiple Listing Service. Statistics based on total residential sales reported to Ithaca Board of Realtors. Information deemed reliable but not guaranteed. 12

Average Sell to List % All Residential Homes IBR 100% 95% 94.5% 94.2% 94.4% 95.5% 95.5% 96.5% 95.6% 96% 95% 90% 85% 2008 2009 2010 2011 2012 2013 2014 2015 80% In Detail Source of information: Ithaca Board of Realtors Multiple Listing Service. Statistics based on total residential sales reported to Ithaca Board of Realtors. Information deemed reliable but not guaranteed. 13

NEIGHBORHOODS MARKET REPORT Average Sales Price by School District MARKET AVERAGE $221,433 Groton* Dryden* Newfield* Trumansburg* Caroline Fall Creek Enfield Belle Sherman South Hill BJM Northeast Lansing* Cayuga Heights $138,274 $171,151 $180,283 $205,158 $239,708 $242,492 $242,708 $247,519 $265,653 $269,438 $294,760 $315,145 $349,169 100,000 183,333 266,667 350,000 Source of information: Ithaca Board of Realtors Multiple Listing Service. Statistics based on total residential sales reported to Ithaca Board of Realtors. Average Selling Price, residential homes by school district* or elementary school (no*). Information deemed reliable but not guaranteed. 14

BELLE SHERMAN MARKET REPORT BELLE SHERMAN Belle Sherman Trend of Average Selling Price Number of Homes Sold 57 275,000 $260,419 $267,914 Average Selling Price $247,519 250,000 $247,519 Average Days on Market 41 Average Sell to List Ratio 225,000 $222,542 98.75% Median Price per SqFt. $150.16 200,000 2013 2014 2015 Source of information: Ithaca Board of Realtors Multiple Listing Service. Statistics based on total residential sales reported to Ithaca Board of Realtors. Information deemed reliable but not guaranteed. THE WARREN ADVANTAGE Market Leader with Highest BELLE SHERMAN Average Sales Price 275,000 $267,914 $260,419 250,000 $247,519 225,000 200,000 IBR RUSA Warren Real Estate 15

BEVERLY J MARTIN MARKET REPORT BJM Number of Homes Sold 37 275,000 BJM Trend of Average Selling Price $269,438 Average Selling Price $269,438 Average Days on Market 55 Average Sell to List Ratio 97% 233,333 191,667 $203,183 $244,594 $234,165 Median Price per SqFt. $125.50 150,000 2013 2014 2015 Source of information: Ithaca Board of Realtors Multiple Listing Service. Statistics based on total residential sales reported to Ithaca Board of Realtors. Information deemed reliable but not guaranteed. THE WARREN ADVANTAGE Market Leader with Highest BJM Average Sales Price 320,000 280,000 $301,864 240,000 $269,438 200,000 $228,567 Warren Real Estate RUSA 16 IBR

CAROLINE MARKET REPORT CAROLINE Caroline Trend of Average Selling Price Number of Homes Sold 68 250,000 $244,566 Average Selling Price $239,708 Average Days on Market 79 233,333 $234,684 $227,172 $239,708 Average Sell to List Ratio 97% 216,667 Median Price per SqFt. $131.09 200,000 2013 2014 2015 Source of information: Ithaca Board of Realtors Multiple Listing Service. Statistics based on total residential sales reported to Ithaca Board of Realtors. Information deemed reliable but not guaranteed. THE WARREN ADVANTAGE Market Leader with Highest CAROLINE Average Sales Price and Highest Volume 275,000 250,000 $259,158 PLUS 14% FEWER DAYS ON THE MARKET THAN OUR CLOSEST COMPETITOR! $239,708 $226,988 225,000 200,000 IBR RUSA Warren Real Estate 17

CAYUGA HEIGHTS MARKET REPORT CAYUGA HEIGHTS Cayuga Heights Trend of Average Selling Price Number of Homes Sold 71 Average Selling Price $349,169 400,000 333,333 $318,218 $385,344 $349,169 $311,527 Average Days on Market 63 Average Sell to List Ratio 266,667 96.8% Median Price per SqFt. $159.72 200,000 2013 2014 2015 Source of information: Ithaca Board of Realtors Multiple Listing Service. Statistics based on total residential sales reported to Ithaca Board of Realtors. Information deemed reliable but not guaranteed. Excludes lake front properties. THE WARREN ADVANTAGE Market Leader with Highest CAYUGA HEIGHTS Average Sales Price 375,000 350,000 $368,512 PLUS 40% MORE SOLD LISTINGS $349,169 $347,744 325,000 300,000 18 IBR RUSA Warren Real Estate

ENFIELD MARKET REPORT ENFIELD Enfield Trend of Average Selling Price Number of Homes Sold 26 250,000 $242,708 Average Selling Price $242,708 Average Days on Market 70 216,667 $230,398 $187,736 Average Sell to List Ratio 97% 183,333 $184,766 Median Price per SqFt. $128.29 150,000 2013 2014 2015 Source of information: Ithaca Board of Realtors Multiple Listing Service. Statistics based on total residential sales reported to Ithaca Board of Realtors. Information deemed reliable but not guaranteed. Excludes lake front properties. THE WARREN ADVANTAGE Market Leader with Highest ENFIELD Average Sales Price and Highest Volume 275,000 260,000 $261,857 $266,860 PLUS 77 FEWER DAYS ON THE MARKET THAN OUR CLOSEST COMPETITOR! 245,000 $242,708 230,000 IBR RUSA Warren Real Estate 19

FALL CREEK MARKET REPORT FALL CREEK Number of Homes Sold 34 250,000 Fall Creek Trend of Average Selling Price $242,492 Average Selling Price $242,492 Average Days on Market 34 225,000 $216,268 $213,455 Average Sell to List Ratio 100% 200,000 $192,928 Median Price per SqFt. $149.52 175,000 2013 2014 2015 Source of information: Ithaca Board of Realtors Multiple Listing Service. Statistics based on total residential sales reported to Ithaca Board of Realtors. Information deemed reliable but not guaranteed. THE WARREN ADVANTAGE Market Leader with FEWEST Days on Market for FALL CREEK Homes 40 34 32 23 27 13 AND 18% MORE FALL CREEK HOME SALES 0 20 IBR RUSA Warren Real Estate

NORTHEAST MARKET REPORT NORTHEAST Northeast Trend of Average Selling Price Number of Homes Sold 32 Average Selling Price $294,760 Average Days on Market 58 300,000 266,667 $259,949 $273,474 $282,806 $294,760 Average Sell to List Ratio 98% 233,333 Median Price per SqFt. $145.88 200,000 2013 2014 2015 Source of information: Ithaca Board of Realtors Multiple Listing Service. Statistics based on total residential sales reported to Ithaca Board of Realtors. Information deemed reliable but not guaranteed. THE WARREN ADVANTAGE Market Leader with Highest NORTHEAST Average Sales Price 325,000 291,667 $294,760 $286,611 $312,916 PLUS 50% MORE SOLD LISTINGS THAN OUR CLOSEST COMPETITOR 258,333 225,000 IBR RUSA Warren Real Estate 21

SOUTH HILL MARKET REPORT SOUTH HILL South Hill Trend of Average Selling Price Number of Homes Sold 79 275,000 $265,653 Average Selling Price $265,653 Average Days on Market 85 250,000 $244,592 $253,466 $246,005 Average Sell to List Ratio 96.7% 225,000 Median Price per SqFt. $136.01 200,000 2013 2014 2015 Source of information: Ithaca Board of Realtors Multiple Listing Service. Statistics based on total residential sales reported to Ithaca Board of Realtors. Information deemed reliable but not guaranteed. THE WARREN ADVANTAGE Market Leader with Highest SOUTH HILL Average Sales Price 275,000 250,000 $265,653 $253,946 $263,425 PLUS 85% MORE SOUTH HILL HOME SALES THAN OUR CLOSEST COMPETITOR 225,000 200,000 22 IBR RUSA Warren Real Estate

DRYDEN MARKET REPORT DRYDEN Dryden Trend of Average Selling Price Number of Homes Sold 83 Average Selling Price $171,151 Average Days on Market 76 200,000 166,667 $160,095 $158,662 $183,926 $171,151 Average Sell to List Ratio 95.69% 133,333 Median Price per SqFt. $97.47 100,000 2013 2014 2015 Source of information: Ithaca Board of Realtors Multiple Listing Service. Statistics based on total residential sales reported to Ithaca Board of Realtors. Information deemed reliable but not guaranteed. THE WARREN ADVANTAGE Market Leader with Highest DRYDEN Average Sales Price 200,000 166,667 $171,151 $172,647 $190,735 PLUS HIGHER SOLD TO LIST PERCENTAGE FOR OUR SELLERS 133,333 100,000 23 IBR RUSA Warren Real Estate

GROTON MARKET REPORT GROTON Groton Trend of Average Selling Price Number of Homes Sold 44 150,000 Average Selling Price $138,274 Average Days on Market 115 133,333 $135,897 $136,520 $138,274 Average Sell to List Ratio 93.87% 116,667 $117,346 Median Price per SqFt. $86.27 100,000 2013 2014 2015 Source of information: Ithaca Board of Realtors Multiple Listing Service. Statistics based on total residential sales reported to Ithaca Board of Realtors. Information deemed reliable but not guaranteed. THE WARREN ADVANTAGE Market Leader with Highest GROTON Average Sales Price 165,000 143,333 121,667 $138,274 $124,740 $151,636 WARREN SOLD MORE THAN TWICE AS MANY GROTON HOMES 100,000 IBR RUSA Warren Real Estate 24

LANSING MARKET REPORT LANSING Number of Homes Sold 65 350,000 Lansing Trend of Average Selling Price $343,197 Average Selling Price $315,145 Average Days on Market 89 308,333 $284,108 $315,145 Average Sell to List Ratio 94.3% 266,667 $265,355 Median Price per SqFt. $126.82 225,000 2013 2014 2015 Source of information: Ithaca Board of Realtors Multiple Listing Service. Statistics based on total residential sales reported to Ithaca Board of Realtors. Information deemed reliable but not guaranteed. Excludes lake front properties. THE WARREN ADVANTAGE Market Leader with Highest Home Purchase Prices 350,000 316,667 283,333 $315,145 $302,767 $323,887 SOLD 32% MORE LANSING HOMES WITH 7% FEWER Days on Market 250,000 IBR RUSA Warren Real Estate 25

NEWFIELD MARKET REPORT NEWFIELD Newfield Trend of Average Selling Price Number of Homes Sold 26 200,000 Average Selling Price $180,283 Average Days on Market 104 166,667 $149,049 $147,320 $150,552 $180,283 Average Sell to List Ratio 94.86% 133,333 Median Price per SqFt. $94.99 100,000 2013 2014 2015 Source of information: Ithaca Board of Realtors Multiple Listing Service. Statistics based on total residential sales reported to Ithaca Board of Realtors. Information deemed reliable but not guaranteed. THE WARREN ADVANTAGE Market Leader with Highest NEWFIELD Average Sale Price 200,000 $192,664 183,333 $180,283 $169,728 166,667 150,000 IBR RUSA Warren Real Estate 26

TRUMANSBURG MARKET REPORT TRUMANSBURG Trumansburg Trend of Average Selling Price Number of Homes Sold 61 Average Selling Price $205,158 210,000 190,000 $195,772 $190,257 $205,158 $197,669 Average Days on Market 72 Average Sell to List Ratio 170,000 94.87% Median Price per SqFt. $105.92 150,000 2013 2014 2015 Source of information: Ithaca Board of Realtors Multiple Listing Service. Statistics based on total residential sales reported to Ithaca Board of Realtors. Information deemed reliable but not guaranteed. Excludes lake front properties. THE WARREN ADVANTAGE Market Leader with Highest TRUMANSBURG Average Sales Price 250,000 $244,243 14% MORE SOLD TRUMANSBURG LISTINGS 216,667 183,333 $205,158 $214,521 LESS DAYS ON MARKET THAN OUR COMPETITOR 150,000 HIGHEST SOLD TO LIST PERCENTAGE IBR RUSA Warren Real Estate 27

WARREN REAL ESTATE MARKETING The Best in the Business In order to stay one step ahead, we must know consumers needs and desires. Whether it is helping our sellers position their property online in the best possible way to reach their selling goals, or making it easier for buyers to search on our website, we always do our homework first! You will find all these features and more at Warren Real Estate. WHAT DO ONLINE BUYERS MOST WANT? Importance of online features for home buyers in the home viewing process Detailed Property Information Photos 99% 98% Detailed Info on Sold Properties Neighborhood Information 87% 85% Virtual Tours Agent Contact Information Pending Sales/Contract Status Interactive Maps Open House Information 51% 82% 75% 75% 72% Source: National Association of Realtors, Profile of Home Buyers and Sellers 28

WHY WARREN? THE BEST IN THE BUSINESS SERVICES AND BENEFITS WARREN OUR COMPETITORS #1 Real Estate Company in Tompkins County x Highest average sale price, most listings sold in the market Most skilled agents in the area, highest per agent production for any large firm. Most top agents than any other company. Enhanced Realtor.com listings with additional photos, virtual tour, premier positioning, at no charge to the agent or seller Your OWN single property website with premier syndication strategy Interoffice marketing strategy including high level networking and communication Locally, family owned since 1953 Comprehensive local market reports Offices open 7 days a week to service our clients with 3 full time managers Annual open house extravaganza and other featured open house weekends. x x x x x x x x x Real Estate Sign placed on property. x x High quality photography and brochures to maximize buyer appeal. x not always Listed on MLS, exposing your listing to all the area s buyers. x x Print advertising in the Ithaca Real Estate Journal. x x Timely response to email inquiries, incl. evenings and weekends. x not always Syndication to hundreds of websites. x x National and international referral network. x not always Premier craigslist posting and monthly re-posting. x not always Broker inspections and open houses (agents discretion) x not always Campaign to potential buyers and sellers. x x Provide feedback if available and monitor showings x x 29

YOUR OWN PROPERTY WEBSITE PREMIER SERVICES For each Warren seller, a single property website is included in your marketing package. We are the only brokerage in the area that offers this cutting edge service! LISTING SYNDICATION As soon as we turn ON your single property site, your listing data will be syndicated to all the most important online real estate search sites. YourPropertyAddress.com MULTI-LINGUAL CAPABILITIES so we never miss a buyer! Afrikaans Albanian Arabic Belarusian Bulgarian Catalan Chinese (simplified) Chinese (traditional) Croatian Czech Danish Dutch English Estonian Esperanto Filipino Finnish French Galician German Greek Hebrew Hindi Hungarian Icelandic Indonesian Irish Italian Japanese Korean Latvian Lithuanian Macedonian Malay Maltese Norwegian Persian Polish Portuguese Romanian Russian Serbian Slovak Slovenian Spanish Swahili Swedish Thai Turkish Ukrainian Vietnamese Welsh Yiddish MOBILE WEBSITE INCLUDED Latest technology gives you 24/7 mobile access. Your home will have its own mobile website! Looks great on Iphone or Android...even works great on older phones! 30 90% OF CONSUMERS BEGIN THEIR SEARCH ONLINE! More buyers mean a better chance of finding one willing and able to meet your terms, price and desired closing date. EVERYTHING A BUYER COULD NEED Maps and aerial view, showing request, and so much more!! The more information we can provide, the easier it is to attract a serious buyer. Ask your Warren agent today for a virtual walk-through of the features.

ITHACA ACCOLADES Top 10 Media Mentions Ithaca ranked #1 as the Top 10 Best College Towns in America, Business Insider, January 2013 Ithaca named "The Most Secure Place to Live" for a municipality with less than 150,000 residents, Farmers Insurance Group, October 2012 Ithaca ranked "#1 College Destination," American Institute for Economic Research, October 2012 Ithaca ranked as one of the"best River Towns in America," Outside Magazine, September 2012 Cornell ranked #5 in the "Top 25 Colleges for Outside Readers," Outside Magazine, August 2012 Ithaca ranked #5 in "The 10-Best Cities for Millennials," Moving.com and 247WallSt.com, July 2012 Ithaca ranked #1 for "Prime Workforce Growth" among 365 metro statistical areas, Area Development Magazine, June 2012 Ithaca ranked #3 for best city for "Finding Employment Right Now," Forbes, May, 2012 Cayuga Scenic Byway ranked "Top 10 All American Road Trip," Yahoo Travel, May, 2012 Ithaca ranked top-10 in "Great Quirky Places to Retire," AARP Magazine, April 2012 Ithaca/Tompkins County ranked America's "most secure" small town, Farmers Insurance Study, December 2011 Tompkins County ranked in "Top 10 Small to Mid-sized Fourth Economy Community," Fourth Economy Consulting, April 2012 Ithaca ranked in top-seven retirement towns to "Retire Here, Not There," Smart Money, November 2011 Ithaca ranked as one of the "10 Best Places to Retire 2012," US News & World Report, October 2011 Ithaca ranked as one of 19 "Perfect Towns," Outside magazine, October 2011 Cornell ranked #19 in "100 Best Companies," Working Mother Magazine, October 2011 Cornell ranked #2 in "Best Employers for Workers over 50," AARP, September 2011 Ithaca ranked #9 in"10 Affordable Cities for Retirement,"AARP Magazine September - October 2011 Ithaca once again, ranked in "Top 100 Places to Live," RelocateAmerica.com, June 2011 Ithaca ranked in top-10 city for "Carless Retirement," US News & World Report Online, March 2011 Ithaca ranked #6 in "America's Foodiest Towns," (pop. under 250,000) by Bon Appétit magazine, September 2010 Ithaca ranked #1 "Best College Town" (under 250,000 pop.) by American Institute for Economic Research, September 2010 Ithaca ranked #7 in "America's Brainiest Metros," The Daily Beast Online, August 2010 Ithaca ranked #1 among 350 U.S metro areas as the best place for recent college grads, The Daily Beast Online, June 2010 Ithaca ranked in top-100 places to live, top-10 recreation cities and top-10 small towns by RelocateAmerica.com, April 2010 Ithaca listed a "Top Retirement City for Wine Lovers," US News & World Report Online, May 2009 Ithaca ranked #3 in "Most Secure Places to Live - Small Towns," Farmers Insurance Study, May 2009 Ithaca ranked in top-100 American cities by RelocateAmerica.com, April 2009 Ithaca ranked in top-10 city for job-seeking retirees, US News, January 2009 Ithaca ranked #1 "Best Middle Class Housing Markets," Forbes.com, December 2008 Ithaca's Gimme! Coffee ranked #2 in "9 Great Coffees," Saveur Magazine, October 2008 Ithaca's Gimme! Coffee ranked best coffee bar by Food & Wine Magazine, September 2008 Ithaca ranked #1 "Green Commuter City, AARP Magazine, September 2008 For more accolades, please visit www.warrenhomes.com 31

WARREN REAL ESTATE 607.257.0666 warrenhomes.com ITHACA OFFICES: 830 Hanshaw Road Ithaca NY 14850 Fax: 607-257-8801 140 Seneca Way Ithaca NY 14850 Fax: 607-277-2669 BINGHAMTON OFFICE: 3456 Vestal Parkway E. Vestal, NY 13850 Phone: 607-217-5673 Fax: 607-238-7334 HORSEHEADS/CORNING/ELMIRA OFFICE: 829 W. Broad Street Horseheads, NY 14845 Phone: 607-398-4616 Fax: 607-398-4617 32