Menu
TwitterRssFacebook
More Links

Are you looking for an experienced agent to help you buy or sell a home? Contact Jim the Realtor!

Carlsbad
(760) 434-5000

Carmel Valley
(858) 560-7700
jim@jimklinge.com


Most recent articles

Just in Time for Weekend

The company that hosts this blog sent out this missive today:

Dear Client,

Regrettably, effective immediately MediaLayer, LLC shall be closing its doors permanently.  This decision was not made lightly. After a full review of present circumstances this was the only viable option.

Current clients are urged to take immediate action by backing up necessary data and begin executing a transition plan.

All MediaLayer vendors and business partners have been notified via e-mail or other correspondence. Thank you for your patronage over the years. It has been a pleasure serving you.

I’ll get a new host ASAP!

Posted by on Jul 2, 2015 in About the author | 2 comments

Second Half of 2015

We have entered the second half of 2015 with a full head of steam – in the first half of 2015, NSDCC detached-home sales were up 5% YoY!

Is there a natural cooling off in the second half?  Not really.

Second-half sales have been influenced by mortgage rates recently.  We had a resurgence in the second half of 2012 when both rates AND prices were declining – sales were 14% higher than in the first half.  Once we bounced back over 4% in mid-2013, sales cooled down until rates dipped back into the threes in January of this year.

Here are the half-year stats, starting with a reflection back to 2007, the previous high point of the median sales price:

Half-Year
# of Sales
Median Sales Price
Median Days on Market
1H2007
1,387
$1,000,000
47
2H2007
1,092
$1,000,762
51
1H2012
1,477
$815,000
51
2H2012
1,677
$845,000
44
1H2013
1,670
$919,950
21
2H2013
1,548
$980,000
29
1H2014
1,431
$1,020,000
24
2H2014
1,419
$1,025,000
31
1H2015
1,507
$1,125,000
23

Lately, rates AND prices have been trending upward, which suggests market slowing, plus the inventory is picked over!

Currently, two-thirds of the NSDCC houses for sale have been on the market for more than 30 days, and unless those sellers get aggressive about pricing, sales are likely to taper off as rates and prices stay flat or rise for the rest of 2015.

Posted by on Jul 2, 2015 in Jim's Take on the Market, North County Coastal, Sales and Price Check | 0 comments

Little Feat

Little Feat is an American rock band formed by singer-songwriter, lead vocalist and guitarist Lowell George and keyboardist Bill Payne in 1969 in Los Angeles. Although the band has undergone several changes in its lineup, the music remains an eclectic blend of rock and roll, blues, R&B, boogie, country, folk, gospel, soul, funk and jazz fusion influences. Guitarist Jimmy Page stated Little Feat was his favorite American band in a 1975 Rolling Stone interview.

Lowell George met Bill Payne when George was a member of Frank Zappa’s Mothers of Invention. Payne had auditioned for the Mothers, but had not joined. They formed Little Feat along with former Mothers’ bassist Roy Estrada and drummer Richie Hayward from George’s previous band, the Factory. Hayward had also been a member of the Fraternity of Man whose claim to fame was the inclusion of their “Don’t Bogart Me” on the million-selling Easy Rider film soundtrack. The name of the band came from a comment made by Mothers’ drummer Jimmy Carl Black about Lowell’s “little feet”. The spelling of “feat” was an homage to the Beatles.

https://en.wikipedia.org/wiki/Little_Feat

Posted by on Jul 1, 2015 in Wednesday Rock Blogging | 1 comment