1. November 2010 The copyright laws of the United States (Title 17 U.S. Code) forbid the unauthorized reproduction of this report by any means, including facsimile or computerized formats. Copyright © 2010, CALIFORNIA ASSOCIATION OF REALTORS® San Diego County Economic Profile

2. San Diego County Profile CharacteristicStatisticState Rank 2009 Population Estimate3,053,7932 % Population Change 1990-200012.6%35 % Population Change 1980-199034.17%18 % White 200950.2% % Hispanic 200931.3% % Black 20094.9% % Asian & Pacific Islander 200910.5% 2009 Per Capita Income$29,217 2009 Median Household Income$60,231 20097 Median Age34.7 Land Area Square Miles4,2009 2000 Total Establishments67,9223 2009 Civilian Employment1,494,691

3. SOURCE: CALIFORNIA ASSOCIATION OF REALTORS®; The Conference Board INDEXUNITS Sales of Existing Detached Homes and Pacific West Consumer Confidence San Diego County, Sept-2010: 1,682 Units, Down 3.9% YTD, Down 10.9% YTY

4. SOURCE: CALIFORNIA ASSOCIATION OF REALTORS® UNITS Sales of Existing Detached Homes San Diego County, 2009: 21,702 Units, Up 12.3% YTY ANNUAL MONTHLY

5. Median Price of Existing Detached Homes San Diego County, September 2010: $388,850, Up 0.7% YTY SOURCE: CALIFORNIA ASSOCIATION OF REALTORS®

6. Median Price Annual Comparison San Diego County, 2009: $359,495, Down 9.7% YTY SOURCE: CALIFORNIA ASSOCIATION OF REALTORS® MONTHLY ANNUAL

7. Median Home Sales Price San Diego County SOURCE: CALIFORNIA ASSOCIATION OF REALTORS®; 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 – Cont. San Diego County SOURCE: CALIFORNIA ASSOCIATION OF REALTORS®; 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 San Diego County, September 2010: 7.3 Months SOURCE: CALIFORNIA ASSOCIATION OF REALTORS® MONTHS

10. SOURCE: CALIFORNIA ASSOCIATION OF REALTORS® Unsold Inventory By Price Range San Diego County Existing Homes Sept. 2010 vs. Sept. 2009

11. Median Time on the Market Single-Family Homes, San Diego County, 2010 Q3: 46.8 Days SOURCE: CALIFORNIA ASSOCIATION OF REALTORS®

12. Mortgage Rates SOURCE: Federal Home Loan Mortgage Corporation

13. Housing Affordability Index San Diego County 3 rd Quarter 2010: 39% SOURCE: CALIFORNIA ASSOCIATION OF REALTORS® % OF HOUSEHOLDS THAT CAN BUY QTRLYMonthly

14. First-time Buyer Housing Affordability Index San Diego County, 3 rd Quarter 2010: 60% SOURCE: CALIFORNIA ASSOCIATION OF REALTORS® % OF HOUSEHOLDS THAT CAN BUY

15. Foreclosures San Diego County SOURCE: Real Estate Research Council

16. Ratio of Foreclosures to Home Sales San Diego County SOURCE: Real Estate Research Council

17. Nonfarm Employment San Diego County, September 2010: Down 0.4% YTY SOURCE: CA Employment Development Division Y-T-Y PERCENT CHANGE

18. Unemployment Rate San Diego County, September 2010: 10.6% SOURCE: CA Employment Development Division

19. Unemployment Rate San Diego County – September 2010 SOURCE: CA Employment Development Department CCD Census County Division CDP Census Designated Place

20. Unemployment Rate – Cont. San Diego County – September 2010 SOURCE: CA Employment Development Department CCD Census County Division CDP Census Designated Place

21. Taxable Sales San Diego County ANNUAL PERCENT CHANGE SOURCE: CA State Board of Equalization

22. New Housing Permits San Diego County, September 2010: 162 Units, Up 16.8% YTD SOURCE: Construction Industry Research Board

23. Median Price for New Homes San Diego County 2Q10 Detached: $562,990, Attached: $432,000 SOURCE: CALIFORNIA ASSOCIATION OF REALTORS®; Hanley Wood

24. New Home Sales San Diego County (Attached), 2010 Q2 Sales: 201 Units SOURCE: CALIFORNIA ASSOCIATION OF REALTORS®; Hanley Wood

25. New Home Sales San Diego County (Detached), 2010 Q2 Sales: 327 Units SOURCE: CALIFORNIA ASSOCIATION OF REALTORS®; Hanley Wood

26. Asking Rents for Class A&B Apartments San Diego County, 2010 Q3: $1,381 Down 0.3% YTY SOURCE: CALIFORNIA ASSOCIATION OF REALTORS®; REALFACTS

27. Vacancy Rates for Class A&B Apartments San Diego County, 2010 Q3: 5.2% SOURCE: CALIFORNIA ASSOCIATION OF REALTORS®; REALFACTS VACANCY RATE

28. Population Percent Changes San Diego County (1971-2008) SOURCE:U.S. Census Bureau; California Department of Finance; CALIFORNIA ASSOCIATION OF REALTORS®

29. Sources of Population Growth San Diego County (1981-2008) THOUSANDS SOURCE: CA Department of Finance

30. Net Immigration Vs. Domestic Migration San Diego County THOUSANDS SOURCE: CA Department of Finance

31. Household Relocations San Diego County Source: NAR Relocation Report 2008 – IRS Data; Item 187-06073, US Census Bureau

32. Where are new San Diego County households coming from? Los Angeles (5,213) Riverside (4,706) Orange County (3,237) San Bernardino (1,693) Maricopa, AZ (1,447) Clark (1,210) Total incoming for 2008: 60,379 Total outgoing for 2008: 61,498 Source: NAR Relocation Report 2008 – IRS Data; Item 187-06073

33. Net Immigration by Ethnic Group San Diego County (1990 Census to 2000 Census) SOURCE: CA Dept. of Finance

34. Number of Households by Ethnicity San Diego County (1990 Census vs. 2000 Census) SOURCE: U.S. Census Bureau

35. Top 10 Home Buyer Surnames San Diego County SOURCE: DataQuick Information Systems Note: Data is based on 2010 data.

36. Population by Age Group San Diego County (2000-2010) SOURCE: California Department of Finance; CALIFORNIA ASSOCIATION OF REALTORS®

37. Homeownership Rates San Diego County, 2009: 56.4% SOURCE: U.S. Census Bureau

38. Homeownership Rates by Age San Diego County (2000 Census) SOURCE: California Department of Finance; CALIFORNIA ASSOCIATION OF REALTORS®