Land Rush
WHY ARE LAND VALUES NOT DECLINING IN ANTELOPE VALLEY?
There is no other area in the United States that has the density of population and the net growth rate that can compare to the 60 miles radius surrounding the center Los Angeles. Combine that fact with the huge economic engine in that area (LA is the 11th or 12th most powerful economy in the world) and what do we have? AN UNPRECEDENTED DEMAND FOR LAND!!
On July 12, 2007 the Southern California Association of Governments and on September 11, 2007 the California Department of Housing and Community Development released the Regional Housing Needs Assessment requiring north Los Angeles County to increase the total number of dwelling units by 73,519 BEFORE June, 30, 2014. They have less than seven years to accomplish that feat.
Of that amount, Palmdale is expected to add 17,910 of the new dwelling units, or 24% of the total before June 30, 2014. Lancaster has been assigned to add 12,799 new units, or 17% of the total before June 30, 2014.
The two cities have approximately 83,767 existing dwelling units. Together they are expected to increase the number of units by 30,709—a 36.7% increase in the next 7 years. Those numbers do not include the additional expansion in the other areas within the Antelope Valley. Now you know why private developers and land bankers are quietly, but very intently, buying land in the Antelope Valley.
DON’T WAIT. THERE IS NOTHING IN THE FORSEEABLE FUTURE THAT INDICATES LOWER PRICES. THE FACTS INDICATE THAT LAND VALUES IN ANTELOPE VALLEY ARE VIRTUALLY CERTAIN TO INCREASE.
ACE Capital Group is a real estate company. We are not real estate brokers or financial advisors. We are the principals who purchase and sell carefully selected California pre-developed real estate. The buyers of our properties build wealth through the proven long-term appreciation strategy of land banking.
Our business has evolved from the extremely successful personal investments of our founders. Since 1974 their enterprises have helped over 10,000 individual buyers build their personal wealth. Our proven three step formula provides individuals and business owners with an innovative option to secure a better retirement, a legacy for their children and grandchildren; and we have voluminous testimonials from our buyers attesting to their satisfaction.
Our programs and services are offered with the primary purpose of using land banking as an easy, secure and superior alternative for building sustainable wealth:
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“The goal of ACE Capital Group is to help our customers earn
the optimum profit possible. Satisfied customers spawn a progeny of
business and gainful employment, and invariably deliver a reasonable
return on our capital investment. Our successful business model is
founded on the principle that it is universally acknowledged that real
estate has produced the overwhelming majority of the American
millionaires and well selected land is the basis of such wealth.
Whether you’re a baby boomer entering your retirement years or an
astute wealth builder, you will find that ACE Capital Group has a
time-tested proven formula that provides one of the best alternatives
for securing a better retirement.” - Chen
C.
Wang, President & CEO, ACE Capital Group
View and Download the
ACE Company Mission Statement
The Antelope Valley is an extensive economic region encompassing over 3,000 square miles that include 5 incorporated cities ( Littlerock "aka" Sun Village", Lake Los Angeles, Quartz Hill, Phelan and Acton) and portions of two counties. Besides being one of the leading aerospace flight test and research centers in the world, the Antelope Valley provides a fertile environment for economic growth by attracting hundreds of new businesses on an annual basis.
The Antelope Valley is located only 43 miles east of down downtown Los Angeles and as Los Angeles County is running out of places to grow, it has become the current solution to a future problem with an abundance of water, energy and relatively inexpensive and affordable land. Some of the key facts include:
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For more information click on one of the following reports:
2007 Greater Antelope Valley Economic Alliance Report - Detailed research on the Antelope Valley region and surrounding areas.
2007 Los Angeles County Assessor Report - Shows both commercial and residential property land values and the ranking of the fastest growing cities in LA County
2007 Industrial Base And Vacancy Report - Excellent study with charts and graphs displaying growth, labor, diversity and major projects in the area.
2007 Los Angeles Statistical Growth Projections
- Growth projections for Los Angeles – Orange – San
Fernando Valley – Ventura – San Bernardino Counties.
City of Lancaster
Lancaster, California, USA, is the eighth-largest city in Los Angeles County and the 9th fastest growing city in the United States. Lancaster is located approximately 70 miles (112.5 km) north of the City of Los Angeles in the Antelope Valley. It is separated from the Los Angeles Basin by the San Gabriel Mountain Range to the south and from Bakersfield and the San Joaquin Valley by the Tehachapi Mountain Range to the north. The City of Lancaster has grown from a population of 37,000 at the time of incorporation in 1977, to an estimated 143,818 residents in 2007, and is the second-largest city on the California side of the Mojave Desert. As of the 2005 population estimated Palmdale / Lancaster, CA Urbanized Area has a population of 589,043.
The city has a total area of 94.2 square miles (243.9 km²), of which 0.2 square miles (0.5 km²) of it (0.19%) is water. Lancaster’s elevation is 2500 feet above sea level on a high, flat valley surrounded by pristine mountain ranges. Temperatures are mild through most of the year with the average daytime high in the summertime of about 95 degrees Fahrenheit and the average winter daytime high in the low 60s. Overnight lows during the coldest months (December-February) can dip in the low 20’s Fahrenheit. The Antelope Valley is known for its clean air and blue skies. With an average rainfall of less than eight inches, days of sunshine are the norm even in winter, when surrounding mountain ranges are dusted by snow.
For more information on city of Lancaster, California click on the links below:
City of Lancaster Website:
Lancaster Video:
City of Palmdale
Palmdale, California, USA – Over the last 25
years this city has consistently been ranked in the top 25 fastest
growing cities in the United States (based on percentage change). In
January 2007 the population was estimated at nearly 145,468 according
to the state department of finance Palmdale is the seventh-largest city
in Los Angeles County. For most of its existence it has had a small
population; however it now is arguably the largest “desert
city” (from an Angelino viewpoint) in California. With 104.59
square miles (272 km²) of land in its incorporated boundaries, the
city is in the top 100 largest cities in the United States in
geographic area.
Seismic Liquefaction Maps in California
Fault Zone Map in Antelope Valley Area
Sanitation Districts of Los Angeles County
FEMA Maps (flood, earthquakes, fire, hurricanes and tornadoes):
a. Click on “Flood” in the center area of the page.
b. Click on “Flood Map” on the left side.
c. Click on “Map Search” using the top tabs, the United States map will appear.
d. Click on the area you are researching. Then zoom in until you locate the index number.
e. Click on the Target icon, move the cursor to the index number on the map, you will see the results.
f. Click the icon under “View”, the flood map in the area will be displayed
8. Pay Dirt (Darren Proulx, Radio)