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The London Group Realty Advisors Consultants to the Development, Legal, Investment and Estate Planning Industries

ARE YOU READY FOR 2013?. Alan Nevin. The London Group Realty Advisors Consultants to the Development, Legal, Investment and Estate Planning Industries. ( 619 417-1817 alan@londongroup.com. THE FUTURE OF AMERICA. Economic Strength Ratings by State.

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The London Group Realty Advisors Consultants to the Development, Legal, Investment and Estate Planning Industries

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  1. ARE YOU READY FOR 2013? Alan Nevin The London Group Realty AdvisorsConsultants to the Development, Legal, Investment and Estate Planning Industries (619 417-1817 alan@londongroup.com
  2. THE FUTURE OF AMERICA Economic Strength Ratings by State
  3. Population Change – U.S. – 1980-2010 – 62 Million People
  4. United States This past year, 1.15 million households were formed in the United States. 6.5 million persons doubled up. San Diego County: 2/3s of all households had no one living at home under age 18 25% of all households were occupied by one person Only 1 in 7 households has a mom, dad and two kids. Demography is our Destiny
  5. NEVIN ECONOMICS 101: Basic Jobs, by Number Military (in uniform) 110,000 Tourism 150,000 Manufacturing 90,000 Import/Export 25,000 High Tech 94,000 Universities 35,000 Federal and State 60,000 Government (civilian)Total 564,000
  6. Notices of Default Down 50% since last year (879 out of an inventory of 730,000 homes)
  7. San Diego County FORECLOSURES Foreclosures by Loan Origination Date The pig is almost through the snake Source: The London Group Realty Advisors, Foreclosureradar.com
  8. % owned by Investors Single Family Detached 21% Condominiums 43% Source: County Assessor Investor Owned Homes – San Diego County
  9. A definite shortage of inventory
  10. “ I can calculate the movement of stars but not the madness of man. Isaac Newton Nevin’s 2013 Economic Forecast
  11. San Diego County- 2013 Economic Forecast Population growth will continue at 25,000+ New jobs will total more than 20,000 New home sales will improve slightly: 2,500-3,000 units (1/3rd of normal) Few new lots will be manufactured The resale housing market will at least match 2012 with more than 35,000 homes and condominiums sold Foreclosures and short sales will diminish substantially Interest rates will remain low Home prices will increase 8-10%, same as in 2012
  12. The London Group Realty Advisors Alan N. Nevin (619) 417-1817 alan@londongroup.com We help people make prudent decisions on real estate matters, big and small. www.londongroup.com
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