This document provides an economic profile of Riverside County for June 2010. It includes statistics on home sales, prices, inventory levels, foreclosures, mortgage rates, employment, and unemployment in Riverside County and various cities within the county. Home sales were down 17.8% year-to-date in May 2010 while prices were up 25.5% from a year ago. The unemployment rate for the county was 14.0% in May 2010, higher than rates for most cities listed. Nonfarm employment in the region was down 3.1% from the previous year.
This document provides an economic profile of San Bernardino County from June 2010. It includes statistics on home sales, prices, inventory levels, foreclosures, mortgage rates, employment, and unemployment in the county and various cities over time. Home sales were down while prices were up in May 2010 compared to the previous year. The unemployment rate for the county was reported at 13.8% for May 2010. Charts are included showing trends for these and other economic indicators from 1990 to 2010.
This document contains a presentation by Lawrence Yun, Chief Economist at the National Association of REALTORS, given at their annual residential forum in New Orleans. It includes over 30 charts and graphs analyzing trends in the housing market, home prices, household formation, mortgage rates and more. The presentation finds signs that the housing recovery is continuing as home sales, prices and construction have increased in recent years while mortgage rates remain low. However, challenges remain around low inventory levels, student debt burdening young adults and an uneven economic recovery.
This document contains a presentation by Lawrence Yun, Chief Economist at the National Association of REALTORS, given at their annual residential forum. It includes over 30 charts and graphs related to housing, real estate, and economic trends. The charts show data on home sales, prices, construction, affordability, and demographics. Yun discusses improving consumer confidence and housing market recovery, but also the challenges of student debt loads, tight credit availability for first-time buyers, and rising rents burdening many households.
Economic and Real Estate Outlook by Lawrence YunLana Tsarikaeva
Every year local realtors gather at the Computer History Museum in Moutain View for the annual Economic and Real Estate Update by Lawrence Yun, Chief Economist for National Association of Realtors. Below are my notes from the presentation.
1. Tax reform may harm the real estate, for more information, go to http://on.car.org/2017taxreform
2. Once the election ended the interest rates went up, mortgage rates are still low, expect interest rates increase in December 2017.
3. Housing shortage past 10 years across the United States, last time we had one after the World War Two. We are facing the same issue now. Reasons: too many regulations, shortage of lots, shortage of construction workers, domestic trade skill shortage.
4. Inventory, inventory, raise capital gain exemption at least for California.
5. We used to have Oversupply vs Loose lending rules, Today undersupply and Tight lending. Both are equally bad.
6. Fewer borrowers defaulting on mortgages in California due to 20% downpayment mandate.
7. Homeownership rate still near 50-year low
8. Student debt stops young generation to buy a house.
9. Solid jobs growth
10. Jobs opening skyrocketing
Residential Economic Issues and Trends Forum: November 2014Nar Res
This document contains a presentation by Lawrence Yun, Chief Economist at the National Association of REALTORS, on real estate trends and the outlook for the housing market. It includes various charts and data on topics like home sales, prices, construction, mortgage rates, household formation, the homeownership rate, and the economic recovery. The presentation finds that while the housing market has improved in recent years, a full recovery will require stronger job and income growth to help boost homebuyer demand and housing affordability, especially for first-time buyers and younger generations.
This document provides a forecast and analysis of the California housing market in 2016 and 2017 from the California Association of Realtors. Some key points:
- 2016 sales of existing single family homes are projected to be flat compared to 2015, while the median home price is projected to rise 6.2%
- Through September 2016, sales were flat year-over-year but the median price rose 6.1% year-over-year
- Inventory remains low across the state, hindering sales growth
- The forecast predicts a modest rise in home sales but continued growth in median prices in 2017
This document provides an economic profile of San Bernardino County from June 2010. It includes statistics on home sales, prices, inventory levels, foreclosures, mortgage rates, employment, and unemployment in the county and various cities over time. Home sales were down while prices were up in May 2010 compared to the previous year. The unemployment rate for the county was reported at 13.8% for May 2010. Charts are included showing trends for these and other economic indicators from 1990 to 2010.
This document contains a presentation by Lawrence Yun, Chief Economist at the National Association of REALTORS, given at their annual residential forum in New Orleans. It includes over 30 charts and graphs analyzing trends in the housing market, home prices, household formation, mortgage rates and more. The presentation finds signs that the housing recovery is continuing as home sales, prices and construction have increased in recent years while mortgage rates remain low. However, challenges remain around low inventory levels, student debt burdening young adults and an uneven economic recovery.
This document contains a presentation by Lawrence Yun, Chief Economist at the National Association of REALTORS, given at their annual residential forum. It includes over 30 charts and graphs related to housing, real estate, and economic trends. The charts show data on home sales, prices, construction, affordability, and demographics. Yun discusses improving consumer confidence and housing market recovery, but also the challenges of student debt loads, tight credit availability for first-time buyers, and rising rents burdening many households.
Economic and Real Estate Outlook by Lawrence YunLana Tsarikaeva
Every year local realtors gather at the Computer History Museum in Moutain View for the annual Economic and Real Estate Update by Lawrence Yun, Chief Economist for National Association of Realtors. Below are my notes from the presentation.
1. Tax reform may harm the real estate, for more information, go to http://on.car.org/2017taxreform
2. Once the election ended the interest rates went up, mortgage rates are still low, expect interest rates increase in December 2017.
3. Housing shortage past 10 years across the United States, last time we had one after the World War Two. We are facing the same issue now. Reasons: too many regulations, shortage of lots, shortage of construction workers, domestic trade skill shortage.
4. Inventory, inventory, raise capital gain exemption at least for California.
5. We used to have Oversupply vs Loose lending rules, Today undersupply and Tight lending. Both are equally bad.
6. Fewer borrowers defaulting on mortgages in California due to 20% downpayment mandate.
7. Homeownership rate still near 50-year low
8. Student debt stops young generation to buy a house.
9. Solid jobs growth
10. Jobs opening skyrocketing
Residential Economic Issues and Trends Forum: November 2014Nar Res
This document contains a presentation by Lawrence Yun, Chief Economist at the National Association of REALTORS, on real estate trends and the outlook for the housing market. It includes various charts and data on topics like home sales, prices, construction, mortgage rates, household formation, the homeownership rate, and the economic recovery. The presentation finds that while the housing market has improved in recent years, a full recovery will require stronger job and income growth to help boost homebuyer demand and housing affordability, especially for first-time buyers and younger generations.
This document provides a forecast and analysis of the California housing market in 2016 and 2017 from the California Association of Realtors. Some key points:
- 2016 sales of existing single family homes are projected to be flat compared to 2015, while the median home price is projected to rise 6.2%
- Through September 2016, sales were flat year-over-year but the median price rose 6.1% year-over-year
- Inventory remains low across the state, hindering sales growth
- The forecast predicts a modest rise in home sales but continued growth in median prices in 2017
- Lawrence Yun, Chief Economist for the National Association of Realtors, presented on the recovery of the housing market to normalcy.
- Consumer confidence had reached awful lows but was improving, though unemployment remained high. Housing starts, sales and prices were stabilizing after the crisis and bust.
- Inventories remained high but were decreasing as demand increased. Distressed loans were declining. The credit bubble that caused the crisis was now dead.
- Economists expected a gradual increase in home prices over the next few years as the market recovered further toward normal levels and demand continued to outpace shrinking supply.
Sales of existing homes in California increased 2.3% year-to-date in March 2015 compared to the same period in 2014. The median home price in California was $468,550 in March 2015, up 9.2% from the previous month and 7.2% from March 2014. Inventory levels improved slightly from the previous year with 3.8 months of supply in March 2015 compared to 4 months in March 2014.
This document references various infrastructure projects in rural Utah counties including broadband expansion, road construction, energy pipelines, and rural job creation. It also discusses Utah's potential for nuclear energy development using thorium resources and mentions associated medical isotope production. The document provides statistics on oil production and leasing on Utah's Uinta Basin and describes proposed projects that could generate thousands of rural jobs across multiple counties in Utah.
“Economic Indicators: An Update for the 7 Rivers Region” reports on a long-term study of regional economic indicators. The research is ongoing and spans a period of time to enable us to understand and report trends. This project is expected to continuously build on a base of economic information and provide decision makers with valuable tools for strategic planning. The information will also provide a basis for comparison with other regions and a measure of our progress.
Dr Yun, NAR's cheif economist was in town last week and gave an excellent presentation about the Albuquerque real estate market and how it compared to other markets and the nation. See his slideshow here
January 2016 - Market Snapshot - General OverviewMLSListings Inc
The document provides a market snapshot comparing January 2016 real estate data to January 2015 and December 2015 data across several counties. For single-family homes, inventory increased or remained stable in most counties compared to the previous year while closed sales were up in some counties and down in others. Median and average home prices rose between 3-18% compared to January 2015 across the counties. Total sales dollars increased between 10-69% year-over-year depending on the county.
The document discusses economic drivers in Virginia. It finds that while the recession officially ended in the 3rd quarter of 2009, unemployment remains high at 9.7% and employment is still down 8.4 million jobs from its pre-recession level. Consumer confidence and spending have begun to increase but consumers do not feel optimistic about the economy. The recovery may stall if jobs are not created quickly enough to reduce unemployment substantially in the next few years.
Residential Economic Issues & Trends Forum 2013Nar Res
This document summarizes Lawrence Yun's presentation at the 2013 NAR Annual Conference on the housing market and economic outlook. Yun discusses recent trends in existing home sales, median home prices, household income, housing affordability, mortgage rates, refinances, all-cash buyers, housing inventory levels, and forecasts that:
1) Home prices will continue rising 15% cumulatively over the next 3 years, though the rate of growth depends on increases in housing starts.
2) Inflation will rise to 4-6% by 2015, higher than the Fed's 2% target rate.
3) Mortgage rates will rise to 5% in the next year, further impacting affordability.
The document provides an economic outlook and real estate market analysis from Lawrence Yun, Chief Economist at the National Association of REALTORS. It summarizes housing market trends showing increases in home sales, prices, and construction over the past two years in the US overall and specifically in St. Louis and St. Charles counties. It also discusses factors that could impact the housing recovery in 2014 such as rising mortgage rates, tight inventory, and policy changes.
February 2016 - Market Snapshot - General OverviewMLSListings Inc
The document provides a market snapshot comparing housing data from February 2016 to February 2015 and January 2016 for several counties in Northern California. It shows that in February 2016 compared to the previous year, inventory increased or was stable in most counties while closed sales and total sales dollars generally increased. Median prices increased year-over-year for single family homes in most counties. The multi-year charts show historical housing inventory, sales, price and days on market trends from 2004 to 2016.
April 2016 - Market Snapshot - General OverviewMLSListings Inc
This document provides a market snapshot comparing real estate data from April 2016 to April 2015 and March 2016 in five California counties: Monterey, San Benito, San Mateo, Santa Clara, and Santa Cruz. It summarizes key metrics such as inventory levels, closed sales, median and average prices, total sales dollars, and days on market for both single-family homes and condominium/townhomes. Line graphs are also included showing historical data for various metrics from 2004 to 2016. Overall, the data shows increases over the prior year in inventory levels, closed sales, median and average prices, and total sales dollars across most counties and property types.
The document discusses housing market trends in California and the southwest region. It notes that regional housing sales and median home prices have increased in recent years but inventory remains low. While the national economy and job market remain strong, statewide home sales in California are flat or declining slightly and price appreciation is slowing. It also highlights the ongoing issue of housing affordability in California and lack of new home construction, estimating the state will need to build 180,000 new units annually to meet projected housing needs but has been averaging under 120,000 in recent years. Overall, the document provides an overview of current housing market conditions and outlook in California, noting some positive fundamentals but ongoing challenges around affordability, supply, and slowing price growth.
This document provides an economic and housing market forecast for 2016. It summarizes key economic indicators such as GDP growth, unemployment rates, and consumer confidence. Housing market indicators like home sales, prices, and inventory are also analyzed at national, state, and regional levels. The forecast expects moderate economic and job growth in the US and California in 2016, with housing demand remaining strong but supply continuing to lag behind household formation and need, constraining affordability.
Our second Housing Summit included current housing trends and a look at our economy.
Our Keynote speaker is Lawrence Yun: Lawrence Yun is Chief Economist and Senior Vice President of Research at the NATIONAL ASSOCIATION OF REALTORS®.
Topics include: Local Residential & Commercial and 2015 Forecast
This document summarizes residential foreclosure and vacancy trends in Kent County, Michigan from 2004 to mid-2010. It finds that the number of foreclosures peaked in 2008 and 2009 before declining in 2010, with over 16,000 cumulative foreclosures county-wide since 2004. Vacancy rates measured by USPS data also peaked in 2009 before declining, with Grand Rapids seeing the most vacant addresses which averaged over 400 days empty. The report analyzes trends in cities and neighborhoods within Kent County to understand local impacts of foreclosures and vacancies.
Westfield, MA 01085 Real Estate Market Report January / February 2017Lesley Lambert
The document provides a real estate market report for Westfield, MA for January/February 2017. It includes data on median home sales prices, housing inventory, and demographic information for the area. Charts show trends in home values, sales, listings, and other housing and economic data for the neighborhood. The report also provides details on 20 newly listed properties on the market.
Lawrence yun dbor power point presentation oct 27 2016Dottie Herman
The document is a presentation by Lawrence Yun, Chief Economist at the National Association of REALTORS, given in Darien, CT on October 27, 2016. It includes an economic and real estate outlook with numerous charts and graphs showing trends over time related to topics such as lifetime wealth, GDP, unemployment, home prices, home sales, and more on both national and state/local levels. The presentation analyzes economic and housing market conditions and trends.
Dr. Lawrence Yun's Economic Update at the Charleston Realtors Commercial Market Forecast event on November 15, 2018: Economic Trends and Outlook in a Rising Interest Rate Environment.
AVRUPA KONUTLARI ESENTEPE - ENGLISH - Listing TurkeyListing Turkey
Looking for a new home in Istanbul? Look no further than Avrupa Konutlari Esentepe! Our beautifully designed homes provide the perfect blend of luxury and comfort, making them the perfect choice for anyone looking for a high-quality home in the city.
With a wide range of apartment types available, from 1+1 to 4+1, we have something to suit every need and budget. Each apartment is designed with attention to detail and features spacious and bright living areas, making them the perfect place to relax and unwind after a long day.
One of the things that sets Avrupa Konutlari Esentepe apart from other developments is our focus on creating a community that is both comfortable and convenient. Our homes are surrounded by lush green spaces, perfect for enjoying a peaceful stroll or having a picnic with friends and family. Additionally, our complex includes a variety of social and recreational amenities, such as swimming pools, sports fields, and playgrounds, making it easy for residents to stay active and socialize with their neighbors.
https://listingturkey.com/property/avrupa-konutlari-esentepe/
- Lawrence Yun, Chief Economist for the National Association of Realtors, presented on the recovery of the housing market to normalcy.
- Consumer confidence had reached awful lows but was improving, though unemployment remained high. Housing starts, sales and prices were stabilizing after the crisis and bust.
- Inventories remained high but were decreasing as demand increased. Distressed loans were declining. The credit bubble that caused the crisis was now dead.
- Economists expected a gradual increase in home prices over the next few years as the market recovered further toward normal levels and demand continued to outpace shrinking supply.
Sales of existing homes in California increased 2.3% year-to-date in March 2015 compared to the same period in 2014. The median home price in California was $468,550 in March 2015, up 9.2% from the previous month and 7.2% from March 2014. Inventory levels improved slightly from the previous year with 3.8 months of supply in March 2015 compared to 4 months in March 2014.
This document references various infrastructure projects in rural Utah counties including broadband expansion, road construction, energy pipelines, and rural job creation. It also discusses Utah's potential for nuclear energy development using thorium resources and mentions associated medical isotope production. The document provides statistics on oil production and leasing on Utah's Uinta Basin and describes proposed projects that could generate thousands of rural jobs across multiple counties in Utah.
“Economic Indicators: An Update for the 7 Rivers Region” reports on a long-term study of regional economic indicators. The research is ongoing and spans a period of time to enable us to understand and report trends. This project is expected to continuously build on a base of economic information and provide decision makers with valuable tools for strategic planning. The information will also provide a basis for comparison with other regions and a measure of our progress.
Dr Yun, NAR's cheif economist was in town last week and gave an excellent presentation about the Albuquerque real estate market and how it compared to other markets and the nation. See his slideshow here
January 2016 - Market Snapshot - General OverviewMLSListings Inc
The document provides a market snapshot comparing January 2016 real estate data to January 2015 and December 2015 data across several counties. For single-family homes, inventory increased or remained stable in most counties compared to the previous year while closed sales were up in some counties and down in others. Median and average home prices rose between 3-18% compared to January 2015 across the counties. Total sales dollars increased between 10-69% year-over-year depending on the county.
The document discusses economic drivers in Virginia. It finds that while the recession officially ended in the 3rd quarter of 2009, unemployment remains high at 9.7% and employment is still down 8.4 million jobs from its pre-recession level. Consumer confidence and spending have begun to increase but consumers do not feel optimistic about the economy. The recovery may stall if jobs are not created quickly enough to reduce unemployment substantially in the next few years.
Residential Economic Issues & Trends Forum 2013Nar Res
This document summarizes Lawrence Yun's presentation at the 2013 NAR Annual Conference on the housing market and economic outlook. Yun discusses recent trends in existing home sales, median home prices, household income, housing affordability, mortgage rates, refinances, all-cash buyers, housing inventory levels, and forecasts that:
1) Home prices will continue rising 15% cumulatively over the next 3 years, though the rate of growth depends on increases in housing starts.
2) Inflation will rise to 4-6% by 2015, higher than the Fed's 2% target rate.
3) Mortgage rates will rise to 5% in the next year, further impacting affordability.
The document provides an economic outlook and real estate market analysis from Lawrence Yun, Chief Economist at the National Association of REALTORS. It summarizes housing market trends showing increases in home sales, prices, and construction over the past two years in the US overall and specifically in St. Louis and St. Charles counties. It also discusses factors that could impact the housing recovery in 2014 such as rising mortgage rates, tight inventory, and policy changes.
February 2016 - Market Snapshot - General OverviewMLSListings Inc
The document provides a market snapshot comparing housing data from February 2016 to February 2015 and January 2016 for several counties in Northern California. It shows that in February 2016 compared to the previous year, inventory increased or was stable in most counties while closed sales and total sales dollars generally increased. Median prices increased year-over-year for single family homes in most counties. The multi-year charts show historical housing inventory, sales, price and days on market trends from 2004 to 2016.
April 2016 - Market Snapshot - General OverviewMLSListings Inc
This document provides a market snapshot comparing real estate data from April 2016 to April 2015 and March 2016 in five California counties: Monterey, San Benito, San Mateo, Santa Clara, and Santa Cruz. It summarizes key metrics such as inventory levels, closed sales, median and average prices, total sales dollars, and days on market for both single-family homes and condominium/townhomes. Line graphs are also included showing historical data for various metrics from 2004 to 2016. Overall, the data shows increases over the prior year in inventory levels, closed sales, median and average prices, and total sales dollars across most counties and property types.
The document discusses housing market trends in California and the southwest region. It notes that regional housing sales and median home prices have increased in recent years but inventory remains low. While the national economy and job market remain strong, statewide home sales in California are flat or declining slightly and price appreciation is slowing. It also highlights the ongoing issue of housing affordability in California and lack of new home construction, estimating the state will need to build 180,000 new units annually to meet projected housing needs but has been averaging under 120,000 in recent years. Overall, the document provides an overview of current housing market conditions and outlook in California, noting some positive fundamentals but ongoing challenges around affordability, supply, and slowing price growth.
This document provides an economic and housing market forecast for 2016. It summarizes key economic indicators such as GDP growth, unemployment rates, and consumer confidence. Housing market indicators like home sales, prices, and inventory are also analyzed at national, state, and regional levels. The forecast expects moderate economic and job growth in the US and California in 2016, with housing demand remaining strong but supply continuing to lag behind household formation and need, constraining affordability.
Our second Housing Summit included current housing trends and a look at our economy.
Our Keynote speaker is Lawrence Yun: Lawrence Yun is Chief Economist and Senior Vice President of Research at the NATIONAL ASSOCIATION OF REALTORS®.
Topics include: Local Residential & Commercial and 2015 Forecast
This document summarizes residential foreclosure and vacancy trends in Kent County, Michigan from 2004 to mid-2010. It finds that the number of foreclosures peaked in 2008 and 2009 before declining in 2010, with over 16,000 cumulative foreclosures county-wide since 2004. Vacancy rates measured by USPS data also peaked in 2009 before declining, with Grand Rapids seeing the most vacant addresses which averaged over 400 days empty. The report analyzes trends in cities and neighborhoods within Kent County to understand local impacts of foreclosures and vacancies.
Westfield, MA 01085 Real Estate Market Report January / February 2017Lesley Lambert
The document provides a real estate market report for Westfield, MA for January/February 2017. It includes data on median home sales prices, housing inventory, and demographic information for the area. Charts show trends in home values, sales, listings, and other housing and economic data for the neighborhood. The report also provides details on 20 newly listed properties on the market.
Lawrence yun dbor power point presentation oct 27 2016Dottie Herman
The document is a presentation by Lawrence Yun, Chief Economist at the National Association of REALTORS, given in Darien, CT on October 27, 2016. It includes an economic and real estate outlook with numerous charts and graphs showing trends over time related to topics such as lifetime wealth, GDP, unemployment, home prices, home sales, and more on both national and state/local levels. The presentation analyzes economic and housing market conditions and trends.
Dr. Lawrence Yun's Economic Update at the Charleston Realtors Commercial Market Forecast event on November 15, 2018: Economic Trends and Outlook in a Rising Interest Rate Environment.
Similar to Riverside Economic Report June 2010 (20)
AVRUPA KONUTLARI ESENTEPE - ENGLISH - Listing TurkeyListing Turkey
Looking for a new home in Istanbul? Look no further than Avrupa Konutlari Esentepe! Our beautifully designed homes provide the perfect blend of luxury and comfort, making them the perfect choice for anyone looking for a high-quality home in the city.
With a wide range of apartment types available, from 1+1 to 4+1, we have something to suit every need and budget. Each apartment is designed with attention to detail and features spacious and bright living areas, making them the perfect place to relax and unwind after a long day.
One of the things that sets Avrupa Konutlari Esentepe apart from other developments is our focus on creating a community that is both comfortable and convenient. Our homes are surrounded by lush green spaces, perfect for enjoying a peaceful stroll or having a picnic with friends and family. Additionally, our complex includes a variety of social and recreational amenities, such as swimming pools, sports fields, and playgrounds, making it easy for residents to stay active and socialize with their neighbors.
https://listingturkey.com/property/avrupa-konutlari-esentepe/
Serviced Apartment Ho Chi Minh For RentalGVRenting
GVRenting is the leading rental real estate company in Vietnam. We help you to find a serviced apartment for rent in Ho Chi Minh & Saigon. Discover our broad range of rental properties in Vietnam.
For more details https://gvrenting.com/
Stark Builders: Where Quality Meets Craftsmanship!shuilykhatunnil
At Stark Builders our vision is to redefine the renovation experience by combining both stunning design and high quality construction skills. We believe that by delivering both these key aspects together we are able to achieve incredible results for our clients and ensure every project reflects their vision and enhances their lifestyle.
Although we are not all related by blood we have created a team of highly professional and hardworking individuals who share the common goal of delivering beautiful and functional renovated spaces. Our tight nit team are able to work together in a way where we pour our passion into each and every project as we have a love for what we do. Building is our life.
The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
Dholera Smart City Latest Development Status 2024.pdfShivgan Infratech
Explore the latest development status of Dholera Smart City in 2024. Discover the progress, infrastructure, and future plans of India's first greenfield smart city.
Recent Trends Fueling The Surge in Farmhouse Demand in IndiaFarmland Bazaar
Embarking on the journey to acquire a farmhouse for sale is just the beginning; the real investment lies in crafting an environment that contributes to our mental and physical well-being while satisfying the soul. At Farmlandbazaar.com, India’s leading online marketplace dedicated to farm land, farmhouses, and agricultural lands, we understand the importance of transforming a humble farmland into a warm and inviting sanctuary. Let's explore the fundamental aspects that can elevate your farmhouse into a tranquil haven.
BEST FARMLAND FOR SALE | FARM PLOTS NEAR BANGALORE | KANAKAPURA | CHICKKABALP...knox groups real estate
welcome to knox groups real estate company in Bangalore. best farm land for sale near Bangalore and madhugiri . Managed farmland near Kanakapura and Chickkabalapur get know more details about the projects .Knox groups is a leading real estate company dedicated to helping individuals and businesses navigate the dynamic real estate market. With our extensive knowledge, experience, and commitment to excellence, we deliver exceptional results for our clients. Discover the perfect foundation for your agricultural aspirations with KNOX Groups' prime farm lands. These aren't just plots; they're the fertile grounds where vibrant crops flourish, livestock thrives, and unique agricultural ventures come to life. At KNOX, we go beyond selling land we curate sustainable ecosystems, ensuring that your journey toward agricultural success is seamless and prosperous.
3. Sales of Existing Detached Homes and Pacific West Consumer Confidence Riverside County, May 2010: 1,618 Units, Down 17.8% YTD, Down 17.5% YTY Sales Consumer Confidence UNITS 2500 INDEX 160 140 2000 120 100 80 60 1500 1000 40 500 20 0 SOURCE: CALIFORNIA ASSOCIATION OF REALTORS®; The Conference Board 0 Jul-90 Jul-91 Jul-92 Jul-93 Jul-94 Jul-95 Jul-96 Jul-97 Jul-98 Jul-99 Jul-00 Jul-01 Jul-02 Jul-03 Jul-04 Jul-05 Jul-06 Jul-07 Jul-08 Jul-09 Jan-90 Jan-91 Jan-92 Jan-93 Jan-94 Jan-95 Jan-96 Jan-97 Jan-98 Jan-99 Jan-00 Jan-01 Jan-02 Jan-03 Jan-04 Jan-05 Jan-06 Jan-07 Jan-08 Jan-09 Jan-10
4. Sales of Existing Detached Homes Riverside County, 2009: 21,026 Units, Up 21.7% YTY MONTHLY ANNUAL UNITS 25,000 20,000 15,000 10,000 2,500 2,000 1,500 1,000 5,000 0 2006 2007 2008 2009 2010 500 0 SOURCE: CALIFORNIA ASSOCIATION OF REALTORS® 1989 1992 1995 1998 2001 2004 2007 Jul Oct Apr Jan Jun Feb Nov Aug Dec Mar May Sept
5. Median Price of Existing Detached Homes Riverside County, May 2010: $205,040, Up 25.5% YTY $500,000 $450,000 $400,000 $350,000 $300,000 $250,000 $200,000 $150,000 $100,000 $50,000 $0 Jul-90 Jul-91 Jul-92 Jul-93 Jul-94 Jul-95 Jul-96 Jul-97 Jul-98 Jul-99 Jul-00 Jul-01 Jul-02 Jul-03 Jul-04 Jul-05 Jul-06 Jul-07 Jul-08 Jul-09 Jan-90 Jan-91 Jan-92 Jan-93 Jan-94 Jan-95 Jan-96 Jan-97 Jan-98 Jan-99 Jan-00 Jan-01 Jan-02 Jan-03 Jan-04 Jan-05 Jan-06 Jan-07 Jan-08 Jan-09 Jan-10 SOURCE: CALIFORNIA ASSOCIATION OF REALTORS®
6. Median Price Annual Comparison Riverside County, 2009: $172,714, Down 27.7% YTY MONTHLY ANNUAL $450,000 $400,000 $350,000 $300,000 $250,000 $200,000 $150,000 $450,000 $400,000 $350,000 $300,000 $250,000 $200,000 $150,000 $100,000 $50,000 $- SOURCE: CALIFORNIA ASSOCIATION OF REALTORS® $100,000 $50,000 $- 2006 2007 2008 2009 2010 1989 1991 1993 1995 1997 1999 2001 2003 2005 2007 2009 Jul Oct Jan Jun Apr Nov Feb Mar Dec Aug May Sept
7. Median Home Sales Price Riverside County Yearly % Change May-10 May-09 Riverside County Banning Beaumont Cathedral City Corona Desert Hot Springs Hemet Indio La Quinta Lake Elsinore Menifee Mira Loma Moreno Valley $210,000 $147,000 $206,000 $162,000 $336,750 $110,000 $130,000 $189,250 $330,000 $180,000 $215,000 $340,000 $165,000 $180,000 $112,500 $199,000 $153,955 $308,000 $82,000 $121,000 $171,000 $325,000 $170,000 $205,500 $277,500 $130,000 16.7% 30.7% 3.5% 5.2% 9.3% 34.1% 7.4% 10.7% 1.5% 5.9% 4.6% 22.5% 26.9% SOURCE: C.A.R.; DataQuick Information Systems. The price statistics are derived from all types of home sales -- new and existing, condos and single-family.
8. Median Home Sales Price Riverside County Yearly % Change May-10 May-09 Murrieta Norco Palm Desert Palm Springs Perris Rancho Mirage Riverside San Jacinto Sun City Temecula Wildomar Winchester $249,000 $297,250 $308,000 $227,250 $170,000 $490,000 $200,000 $135,500 $175,000 $270,000 $210,000 $235,500 $230,000 $370,000 $295,000 $200,000 $132,000 $459,000 $177,000 $130,000 $146,500 $240,000 $233,000 $240,000 8.3% -19.7% 4.4% 13.6% 28.8% 6.8% 13.0% 4.2% 19.5% 12.5% -9.9% -1.9% SOURCE: C.A.R.; DataQuick Information Systems. The price statistics are derived from all types of home sales -- new and existing, condos and single-family.
9. Unsold Inventory Index Riverside and San Bernardino Counties, May 2010: 4.1 Months MONTHS 30 Inland Empire 25 20 15 10 5 0 SOURCE: CALIFORNIA ASSOCIATION OF REALTORS® Riverside & San Bernardino Jul-93 Jul-94 Jul-95 Jul-96 Jul-97 Jul-98 Jul-99 Jul-00 Jul-01 Jul-02 Jul-03 Jul-04 Jul-05 Jul-06 Jul-07 Jul-08 Jul-09 Jan-93 Jan-94 Jan-95 Jan-96 Jan-97 Jan-98 Jan-99 Jan-00 Jan-01 Jan-02 Jan-03 Jan-04 Jan-05 Jan-06 Jan-07 Jan-08 Jan-09 Jan-10
10. Median Time on the Market Single-Family Homes – Riverside/San Bernardino, May 2010: 31.3 Days 140 120 100 80 60 40 20 0 1/1/1989 1/1/1990 1/1/1991 1/1/1992 1/1/1993 1/1/1994 1/1/1995 1/1/1996 1/1/1997 1/1/1998 1/1/1999 1/1/2000 1/1/2001 1/1/2002 1/1/2003 1/1/2004 1/1/2005 1/1/2006 1/1/2007 1/1/2008 1/1/2009 1/1/2010 SOURCE: CALIFORNIA ASSOCIATION OF REALTORS®
11. Foreclosures Riverside County 14000 12000 10000 8000 6000 4000 2000 0 Q1/89 Q1/90 Q1/91 Q1/92 Q1/93 Q1/94 Q1/95 Q1/96 Q1/97 Q1/98 Q1/99 Q1/00 Q1/01 Q1/02 Q1/03 Q1/04 Q1/05 Q1/06 Q1/07 Q1/08 Q1/09 SOURCE: Real Estate Research Council
12. Ratio of Foreclosures to Home Sales Riverside County 80% 70% 60% 50% 40% 30% 20% 10% 0% 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 SOURCE: Real Estate Research Council
18. Unemployment Rate Riverside County – May 2010 Area Name Riverside County Banning city Beaumont city Bermuda Dunes CDP Blythe city Cabazon CDP Calimesa city Canyon Lake city Cathedral City city Cherry Valley CDP Coachella city Corona city Desert Hot Springs city East Hemet CDP El Cerrito CDP Glen Avon CDP Labor Force 909,400 11,600 6,800 4,300 7,100 1,200 4,100 6,400 26,100 3,300 12,300 83,300 9,500 8,800 3,000 8,500 Rate 14.0% 15.9% 15.9% 6.5% 16.7% 33.2% 10.7% 8.6% 13.7% 12.5% 21.7% 10.3% 19.5% 14.5% 15.7% 15.6% CCD Census County Division CDP Census Designated Place SOURCE: CA Employment Development Department
19. Unemployment Rate Riverside County – May 2010 Area Name Hemet city Highgrove CDP Home Gardens CDP Homeland CDP Idyllwild Pine Cove CDP Indian Wells city Indio city La Quinta city Lake Elsinore city Lakeland Village CDP Lakeview CDP March AFB CDP Mecca CDP Mira Loma CDP Moreno Valley city Murrieta city Labor Force 26,700 2,000 5,800 1,600 2,600 1,700 27,200 14,600 17,100 3,400 1,000 200 3,500 10,600 87,500 27,100 Rate 17.5% 17.6% 15.3% 26.5% 18.1% 5.0% 15.1% 7.4% 13.6% 21.8% 16.6% 14.2% 27.1% 13.6% 16.1% 9.3% CCD Census County Division CDP Census Designated Place SOURCE: CA Employment Development Department
20. Unemployment Rate Riverside County – May 2010 Area Name Murrieta Hot Springs CDP Norco city Nuevo CDP Palm Desert city Palm Springs city Pedley CDP Perris city Quail Valley CDP Rancho Mirage city Riverside city Romoland CDP Rubidoux CDP San Jacinto city Sedco Hills CDP Sun City CDP Labor Force 1,100 13,500 2,400 24,700 26,100 7,300 19,800 1,000 6,400 160,000 1,500 17,200 12,500 1,500 6,300 Rate 17.3% 11.4% 11.4% 8.4% 10.9% 9.9% 21.4% 22.0% 12.5% 14.1% 21.6% 19.5% 20.8% 15.0% 14.9% CCD Census County Division CDP Census Designated Place SOURCE: CA Employment Development Department
21. Unemployment Rate Riverside County – May 2010 Area Name Sunnyslope CDP Temecula city Thousand Palms CDP Valle Vista CDP Wildomar CDP Winchester CDP Woodcrest CDP Labor Force 2,500 36,300 2,500 5,600 8,100 1,500 5,600 Rate 12.4% 9.6% 9.8% 14.9% 12.3% 20.2% 8.8% CCD Census County Division CDP Census Designated Place SOURCE: CA Employment Development Department
31. Net Immigration Vs. Domestic Migration Riverside County THOUSANDS Net Immigration 60 Domestic Migration 50 40 30 20 10 0 1991 1993 1995 1997 1999 2001 2003 2005 2007 SOURCE: CA Department of Finance
32. Household Relocations Riverside County County San Bernardino County, CA Orange County, CA Los Angeles County, CA San Diego County, CA Clark County, NV Maricopa County, AZ Imperial County, CA Ventura County, CA Kern County, CA Santa Clara County, CA Total-Top 10 All Migration Outflow 7,330 6,165 5,794 4,706 959 901 488 330 301 259 27,233 42,086 Inflow 9,914 6,970 9,442 4,682 728 612 339 332 259 271 33,549 44,893 Net Outflow (2,584) (805) (3,648) 24 231 289 149 (2) 42 (12) (6,316) (2,807) 621,197 -1.0% -0.5% Total Number of Households Top 10 as % of All Households All Net Mig as % of All Households Source: NAR Relocation Report 2008 – IRS Data; Item 187-06065, US Census Bureau
33. Where are new Riverside County households coming from? • • • • • • • San Bernardino (9,914) Los Angeles (9,442) Orange County (6,970) San Diego (4,682) Clark (728) Total incoming for 2008: 44,893 Total outgoing for 2008: 42,086 Source: NAR Relocation Report 2008 – IRS Data; Item 187-06065
34. Net Immigration by Ethnic Group Riverside County (1990 Census to 2000 Census) White, Non-Hispanic Hispanic Asian/Pacific Islander Black or Afr. Amer., Non-Hisp. Amer. Indian & Alaska Native, Non-Hisp. 0 20 40 60 80 100 120 140 160 Thousands SOURCE: CA Dept. of Finance
35. Number of Households by Ethnicity Riverside County (1990 Census vs. 2000 Census) White Hispanic Asian/Pacific Islander 1990 2000 Black 0 SOURCE: U.S. Census Bureau 50,000 100,000 150,000 200,000 250,000 300,000 350,000 400,000
36. Top 10 Home Buyer Surnames Riverside County GARCIA MARTINEZ GONZALEZ RODRIGUEZ LOPEZ HERNANDEZ PEREZ SMITH SANCHEZ RAMIREZ 0 50 100 150 200 250 300 Number of Buyers Note: Data is based on 2007 data. SOURCE: DataQuick Information Systems
37. Population by Age Group Riverside County (2000-2010) Thousands 2000 500 2010 450 400 350 300 250 200 150 100 50 0 0-14 15-24 25-34 35-44 45-54 55-64 65-74 75+ SOURCE: California Department of Finance; CALIFORNIA ASSOCIATION OF REALTORS®
39. Homeownership Rates by Age Riverside County (2000 Census) 100% 80% 60% 40% 20% 0% 15-24 25-34 35-44 45-54 55-64 65-74 75-84 85+ SOURCE: California Department of Finance; CALIFORNIA ASSOCIATION OF REALTORS®