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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
701 Palomar Airport Road, Suite 300
Carlsbad, CA 92011

Category Archive: ‘Thinking of Buying?’

Home Buyer Competition

What today’s home buyers are up against……from

Driven by frustrated buyers who rolled over from last year and record-breaking lows in housing inventory, the 2018 spring buying season is expected to be one of the most competitive in years—but buyers are still optimistic about getting into their dream home, according to a survey conducted for®.

“We’re only a few weeks into March and already seeing the market heat up,” said Danielle Hale, chief economist for®, in a statement. “Holdover buyers hoping for greener pastures this spring are likely to find sparse options that require them to pay top dollar or make other concessions.”

And those holdover buyers are driving a large portion of the demand, according to an online survey of more than 1,000 active buyers conducted in early March by Toluna Research.

The home search has dragged on for more than seven months for 40% of respondents, the survey showed, while 34% have been searching for 4-6 months. About a quarter have been in the market for three months or less.

More than one-third, or 35%, of those surveyed indicated they anticipate “a lot of competition” this spring.

Perhaps because of that, buyers are thinking strategically about turbocharging their home search and getting an edge on the competition.

When asked how they are trying to get ahead, 42% of respondents revealed they are checking listing websites every day, while 40% plan to put more than 20% cash down. The survey also revealed that 33% are setting price alerts, 31% plan to put down a larger earnest money deposit, and 26% are willing to offer above asking price. Only 6% indicated they are not planning to use any special tactics to cope with competition.

“The majority of buyers are aware of the tough competition they’re up against this spring. Having been in the market awhile, they’ve likely lost a few homes to better offers, which has given them more time to save and up their bidding strategies,” said Hale.

Link to Article

Posted by on Mar 22, 2018 in Bidding Wars, Jim's Take on the Market, Market Buzz, Thinking of Buying?, Why You Should Hire Jim as your Buyer's Agent | 0 comments

New Homes in North County

Reader metta8888 left this comment on the youtube channel that summarizes the 7,611 new homes being built in North County – they are just further out.  As we become more accustomed to driverless cars, these new homes might give coastal buyers some alternatives.

Here is his research on the current and proposed future projects:

1. Meadowood – Pardee Homes is building 844 homes on a 389.5 acre site in Fallbrook, near interstate 15 and state route 76:


2. Campus Park. D.R. Horton is building 751 homes in Fallbrook, near I-15:

Read More

Posted by on Mar 16, 2018 in Builders, Jim's Take on the Market, Thinking of Buying? | 1 comment

Downstairs-Bedroom Guide

It is a common want/need these days for buyers to desire a downstairs bedroom, either for guests, or the multi-gen groups.  It is a need that is likely to grow, just because it will take more of grandma’s money to afford a house!

But it’s not always clear if a house has a downstairs bedroom.

How can you tell?  Check the number of bathrooms.

Here is my guide for knowing when a listing includes a downstairs bedroom:

Two Bathrooms – YES.  Most likely a one-story house, but if it is clearly a two-story, then it must have at least one bedroom down because you won’t have two bathrooms upstairs, and none down.

Two-and-a-Half Bathrooms – NO. In a two-story house, you need two full bathrooms upstairs for parents and kids.  The remaining half-bath will be downstairs, which is not suitable for a bedroom.

Three Bathrooms – YES.  There has to be one bathroom downstairs, and if it is a full bath, there’s a reason for it – there is a bedroom down too.

More than Three Bathrooms – YES.  You are getting into the luxury homes now, and they will have at least one bedroom downstairs.

Yes, this is only a guide, and there could be exceptions.  But if a floor plan doesn’t conform to these guidelines, then it is one funky house (like the split-level).  You probably won’t like it anyway!

Posted by on Mar 6, 2018 in Jim's Take on the Market, Thinking of Buying?, Tips, Advice & Links, Why You Should Hire Jim as your Buyer's Agent | 11 comments

You’ve probably seen how hot the one-story market has been lately.

Baby-boomers prefer no stairs, and typically insist on a single-level home only. Hence the supply and demand is out of whack, and very frustrating for the potential buyers.  Of the already-low inventory of houses for sale today between La Jolla and Carlsbad, only 28% of them are one-story.

We want to help!

I created to help demonstrate how Richard and I can assist you be more efficient in your search.  The web address forwards to our gallery of video tours of one-story houses only.  You won’t have to worry about rushing out to every new listing – you can tour them in the comfort of your own home, AND hear our audio assessment of the house, and its potential.

Check the results so far:

Once you are established as our client, we will send you custom-tailored videos with your specific wants and needs, plus give you access to a private site to enable you to track the one-story market too.

Contact me today at (858) 997-3801 or

Posted by on Jan 29, 2018 in Jim's Take on the Market, Market Conditions, Thinking of Buying? | 2 comments

Buying A Flipped Home

With the lack of new homes available, the flipped homes have become a substitute for buyers who don’t want to do any repairs or improvements.

Here are four good questions:

Question #1: Have the Renovations Been Permitted?

Question #2: Were the Sub Contractors Licensed, Bonded ,and Insured?

Question #3: Can I See the Before Photos?

Question #4: Do the Windows Have a Double-Lifetime Warranty?

A good article on the details:

Click to article

Posted by on Jan 12, 2018 in Jim's Take on the Market, Real Estate Investing, Thinking of Buying?, Tips, Advice & Links | 8 comments

Tax Reform?

The California Association of Realtors is pushing realtors to object to the Big Six tax reform.  Here are the reasons why:

C.A.R. OPPOSES the Tax Reform Proposal Because:

We must reverse the decline in California’s homeownership rate. For over 100 years Congress has incentivized homeownership with the tax code; currently through the mortgage interest deduction.  Any effort at reforming the tax code should maintain and prioritize this incentive. The current proposal only pays lip service to incentivizing homeownership. The proposed changes will result in only five-percent of taxpayers itemizing their deductions. Therefore, the vast majority of people will no longer receive any tax incentive to purchase a home. So, while the proposal keeps the mortgage interest deduction, the incentive effect of the deduction for Americans to become homeowners disappears.

This is a tax increase on California homebuyers and homeowners. Congress needs to protect taxpayers from double-taxation and maintain the deduction for state and local taxes, including property taxes.  Not allowing the average homeowner in California to deduct their property, state and local taxes would effectively raise their taxes $3,000 a year!  The Federal government would tax families on money paid to the state and to local governments they never used.

That’s all you got?

Tax reforms will come and go. Buy a house to lock down your living expenses, and provide housing stability for generations to come.

Posted by on Oct 29, 2017 in Jim's Take on the Market, Mortgage News, Tax Reform, Thinking of Buying?, Why You Should Hire Jim as your Buyer's Agent | 1 comment

Baby-Boomer Housing

These responses point to a massive downsizing trend!



It’s all about millennials these days. Everything seems to center around these special snowflakes. But what about the original “me” generation? We’re talking about baby boomers, of course. What do these roughly 76 million Americans want when it comes to housing?

Well, they want multicar garages, for one thing. According to a recent survey by national homebuilder PulteGroup, they were the top feature boomers were looking for in a new home, followed by open decks or patios; eat-in kitchens; and a private yard.

About 38% of boomers plan to buy a home within the next three years, according to the report. About 11% expect to purchase a residence within the year.

The survey was of 1,043 folks between the ages of 50 and 65 who plan to buy a home in the next decade.

“Retirement marks a new phase in a baby boomer’s life, and it only seems natural to relocate or move to a new home when transitioning away from their primary career, or from the day-to-day rearing of school-aged children,” Jay Mason, vice president of market intelligence for PulteGroup, said in a statement. “It’s not surprising that the 55+ buyer wants a variety of options and choices in their homes.”

According to the survey, 39% of respondents said the main reason they’re moving is because they want to retire, 33% want to downsize, and 30% want to move to a more desirable location.

“One thing we know about boomers is they are not done yet,” says Amy Lynch, president of Generational Edge, a Nashville, TN–based company that consults with companies on generational differences in employees. “As a group, they are starting encore careers and also going back to school. And they often move to be near their millennial kids, who are having kids.” They also start new families of their own, through divorce or remarriage.

All of these situations may require a move. About 26% of boomers plan to stay in their current cities, but just move to a different home, while 34% want to remain in the state, but in a different city or town. Also, 38% hope to cross state lines.

Their top retirement destination? You guessed it: Florida. It seems you just can’t beat all of that year-round sunshine. The state was followed by fellow warm-weather states Arizona, North Carolina, and South Carolina. The cost of living is lower in these states than on the pricier West Coast or in the Northeast.

About 82% of boomers wanted to be someplace affordable, and 74% want to be close to their preferred health care programs.

But boomers don’t want to just pack up and leave their grandchildren. Being close to kids was their top consideration when choosing a new community. They also want to be near the water and park or other green space.

“We are in a period in this country where family life and family connections are very strong,” says Lynch. “There’s a lot of regret among boomers because they worked so many long hours when their kids were young. With grandkids, there’s a chance to make up for that.”

Posted by on Oct 26, 2017 in Boomer Liquidations, Boomers, Jim's Take on the Market, Market Buzz, Market Conditions, The Future, Thinking of Buying?, Thinking of Selling?, This Is America | 11 comments