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Jim Klinge
Cell/Text: (858) 997-3801
701 Palomar Airport Road, Suite 300
Carlsbad, CA 92011

Category Archive: ‘Bubbleinfo TV’

Premium for One-Story Houses

It’s easy for me to pop off about how hot the one-story market is when I already had this video in the can.  Here are a few examples of how much over list price people have paid – I’m not making fun of them, just pointing out the struggle if you are a buyer in this specific coastal one-story SFR market.

In 2018, the one-story Carlsbad houses have been selling for an average of $446/sf, and the others are averaging $381/sf – which is a 17% difference!

Posted by on Aug 16, 2018 in Bubbleinfo TV, Carlsbad, Jim's Take on the Market | 0 comments

Giorgio’s Documentary Film

Giorgio got a big publicity boost for the documentary film last week when he was featured on the Chris Hayes podcast.  I hate to tease the crap out of it – the film will be released at some point, I promise.  But in this 50-min podcast he lays the whole thing out:

He wrote this article about it too – an excerpt:

In May 2010, in the depths of the housing crisis, I was awarded a grant to photograph a collection of abandoned developments Inland Empire, California. With the mortgage market at a standstill and stocks creeping up from record lows, it seemed there weren’t many buyers for these brand new 5,000 square foot homes.

I rented a car for $12 a day and drove through an endless maze of freshly packed asphalt roads that wound their way through burnt down orange groves, making room for these half-built totems to a globalized housing market gone awry. On many streets, the eery quiet was interrupted only by Tyvek wrap flapping in the wind. Everything around me seemed to be slowly succumbing to the entropy of the brutal desert conditions, and I felt an overwhelming sense of alienation. What the hell had we built here?

At the top of this mountain pass, I came upon an empty home which had perhaps the best view of the entire development. Perched at the edge of the mountain face, overlooking Lake Matthew and miles of vast desert land, the only window facing this awe-inspiring, million-dollar view was a small bathroom window just above the attached garage. It was a profound moment, as this image has become emblematic to me of the utter lack of human intentionality that has overtaken home development in America today.

Simply put, the American single-family home has become a globally traded commodity, with no mission other than to be sold. Defining a home’s value has become increasing tied to a narrow set of assumptions (as are most commodities). And, overwhelmingly, that value is driven by size (price per square foot). But a home’s value should be a much more complex calculation. One that takes not just size into account, but also accounts for its lasting cultural and social impact.

Read full article here:

Link to NBC News

I think this clip got left on the cutting-room floor:

Posted by on Jul 30, 2018 in Bubbleinfo TV, Documentary Film, Jim's Take on the Market | 1 comment

My New CV Listing

My new listing in Carmel Valley, listed for $1,078,000, and hopefully priced attractively for today’s market by realistic sellers. Open 12-3pm Sat&Sun!

Nice buy in the Del Mar school district and ideal for those who prefer a low-maintenance lifestyle – the yard is right-sized with no houses behind! Hardwood floors, granite-slab kitchen and baths, newer appliances, new roof, new paint, new water heater, crown molding, upstairs laundry room, plus master has big walk-in closet and balcony! Easy 5-min ride to freeway access at I-5 and 56. Priced under the last three sales in area – including next door!

Click on image to see last three sales nearby (Jim sold 2 of 3)

Posted by on Jul 12, 2018 in Bubbleinfo TV, Carmel Valley, Jim's Take on the Market, Listing Agent Practices, Why You Should List With Jim | 4 comments

Olivenhain ‘Plantation Estate’

The old wood-shake roof didn’t get in the way of this one selling, and though it is horse property, there weren’t really any actual horse facilities.  But it had three major hot buttons; single-story, detached 1-bedroom guest house, and 720sf man cave. This is the second time in three years that it sold for at least $2,400,000 (this cash sale did include a $60,000 credit for repairs):

Posted by on Jun 29, 2018 in Bubbleinfo TV, Encinitas, Jim's Take on the Market | 1 comment