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An Insider's Guide to North San Diego County's Coastal Real Estate
Jim Klinge, broker-associate
858-997-3801
klingerealty@gmail.com
Compass
617 Saxony Place, Suite 101
Encinitas, CA 92024
Klinge Realty
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Are you looking for an experienced agent to help you buy or sell a home? Contact Jim the Realtor!

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


Category Archive: ‘Carmel Valley’

PHR Modern

The top-of-the-line Pardee tract in Carmel Valley opened this weekend, and they had hundreds of people show up.  The first release had eight homes available, starting in the $1,700,000s, but prices go up quickly from there:

With so many homes being built in Pacific Highlands Ranch, the Solana Beach school district is struggling to catch up.  They need to build a new elementary school, or expand the existing ones.  It looks like they are a little short on funds to build a new school (would they bump the Mello-Roos?), or instead they could bring in more portable classrooms:

Link to school district comparisons

Those spending the first $1.75M to $3.2M will live on Skyglitter Trails:

Posted by on Feb 12, 2019 in Bubbleinfo TV, Builders, Carmel Valley, Jim's Take on the Market, Mello-Roos | 1 comment

Local Zillow Forecasts

I snipped this Zillow forecast (above) in October, 2016.  They expected La Jolla home values to go up 2.1% in 2017, which earned a ‘Very Cold’ label.

The La Jolla ZHVI rose 7% in 2017, so their forecast was a tad conservative.  The index has been dropping lately, but they are expecting values to flatten:

 

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Other Zillow forecasts – they like Carmel Valley:

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You can find more data here (they predict the U.S. market will be +6.4%):

https://www.zillow.com/home-values/

Posted by on Dec 6, 2018 in Carlsbad, Carmel Valley, Encinitas, Forecasts, Jim's Take on the Market, La Jolla, Rancho Santa Fe | 0 comments

Flood of New CV Homes

Click on photo to enlarge

Pardee has four new tracts of homes in Carmel Valley. There will be a total of 377 houses here, plus a fifth tract (and the highest-priced), Vista Santa Fe, which is opening in January.

The grand-opening-after-the-pre-opening is this weekend and remarkably they have already sold 3/4 of the homes released for sale.

Prices are $1.6M to $2.4M in Vista Del Mar. Here’s a tour of the Plan 2 model:

Posted by on Nov 2, 2018 in Bubbleinfo TV, Builders, Carmel Valley, Jim's Take on the Market | 3 comments

Stucco Valley

A good example of today’s market conditions. At first, you would think a bank-owned house in the prime Derby Hill community in Carmel Valley would garner a lot of attention, and sell quickly. But this one isn’t tricked out with extras, and it’s not a canyon lot either.

Like most sellers, they added a little mustard to their list price – but they were on the market for 55 days before finding the buyer:

Posted by on Oct 26, 2018 in Bubbleinfo TV, Carmel Valley, Jim's Take on the Market, Market Buzz, REOs | 0 comments

PHR Toll Brothers

Beginning in the 1980s, Pardee Homes developed almost all of Carmel Valley, and now they are down to the last remaining parcels. For some reason, they sold off 69 prime lots to Toll Brothers, and now plans to go head-to-head with them with their neighboring tract next door.

There was a time when people commented on this blog that PHR was so far out that it was more like Penasquitos Highland Ranch.  But Pardee plowed through the land they’ve held for decades and now they’re down to the last few acres.

Toll Brothers has five floor plans, with two of them being one-story layouts.  The one-story homes range from 4,542sf to 4,765sf, and the two-story plans start at 5,945sf.  Prices range from $1.9 to $3.2 million.  This past weekend was the grand opening, and they have sold seven of the 16 available.

Think the market is tanking?  They had 500+ people attend this weekend.

A video tour of the one-story model:

Posted by on Sep 24, 2018 in Bubbleinfo TV, Builders, Carmel Valley, Jim's Take on the Market | 2 comments