A brief video collage for a Friday afternoon:
Jim Klinge
Klinge Realty Group
Broker-Associate, Compass
Are you looking for an experienced agent to help you buy or sell a home?
Contact Jim the Realtor!
- 682 S. Coast Hwy 101, Suite #110
Encinitas, CA 92024 - (858) 997-3801 call or text
- klingerealty@gmail.com
CA DRE #01527365, CA DRE #00873197
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Americans are holding on to their homes longer, and that is helping drive house prices to near record highs
The typical homeowner in 2020 had remained in place for 13 years...well ahead of 2010’s reading of 8.7 years
$ITB $XHB $HD $LOW
https://www.wsj.com/articles/housing-market-stays-tight-as-homeowners-stay-put-11611226802?reflink=desktopwebshare_twitter via @WSJ
Extended monthly so it doesn't seem permanent: https://www.fhfa.gov/Media/PublicAffairs/Pages/FHFA-Extends-Foreclosure-and-REO-Eviction-Moratoriums-1192021.aspx
Ending the step-up basis on inherited homes would benefit brokers, as would a $15,000 tax credit proposed by Biden for anyone buying a home after not owning one for three years. President Joe Biden’s real estate checklist https://therealdeal.com/miami/2021/01/20/president-joe-bidens-real-estate-checklist/?utm_medium=social&utm_source=twitter&utm_campaign=single_content_share
Reviews on Zillow
5315455
5.0/5.0
"Where do we begin..2020 has been a year for everyone. When COVID hit and shut down both my husband and my businesses, we were left with a mortgage and very little income coming in. We were stressed, scared and felt stuck. We made the hard decision to sell our home and move out of state. We contacted the Klinges' and spent a good hour going over what we hoped we could accomplish. Jim and Donna came over with comps in hand and suggestions on improvements to get our house ready for the market. It was overwhelming to think about, but Donna was there and one step ahead in every scenario. more "
5.0/5.0by AmberleePiercy
5315455
5.0/5.0
"Jim and Donna Klinge made the sale of our condo extraordinarily easy. They know the market and gave us sound advice backed by details and very considerable experience, reflected both in the initial pricing and subsequent negotiations. They work together as a team and are always available to talk. more "
5.0/5.0by WAH08
5315455
5.0/5.0
"I cannot believe there are no reviews of Donna yet, ugh!! She is the secret sauce of the Jim Klinge/Donna Klinge combo! I will touch on Jim here, but Donna is why I'm so totally loyal to these two (no offense to Jim :)).
I consider myself a rather savvy buyer/seller. I've bought/sold 7 times in more "
I consider myself a rather savvy buyer/seller. I've bought/sold 7 times in more "
5.0/5.0by bethamunce
4911411
5.0/5.0
"Jim and Donna Klinge are by far the most professional, personable and responsive realtors I have ever worked with. They provide VIP concierge level service in every area of the process of selling your home. My home was marketed so successfully that we received an offer the day after our first and only open house. Thanks to Jim's pricing and negotiating, our house is now the highest sold in our community... more "
5.0/5.0by Ann Romanello
305973
5.0/5.0
"Jim educated us, helped us find the perfect house, and then negotiated us a great deal. I would hate to be sitting across the negotiating table from ... more "
5.0/5.0by user6611938
332633
5.0/5.0
"Jim is thorough and will be brutally honest about the homes he shows you. He provides great service and follows through until the very end and even ... more "
5.0/5.0by Melanie
351390
5.0/5.0
"I highly recommend Jim as a buyer’s agent. Working with Jim, we closed this week on a San Diego condo. Jim prepared a list of comparable sales to ... more "
5.0/5.0by user3647582
Jim’s last comment–another JtR classic!
“They sure are getting serious about these foreclosures now.” Hahahahahaha!
Foreclosure evacuation zone… Hilarious!!!
Run for your life!
“If you encounter a sudden increase in your LTV, please ring the attendant button and Jim will be at your side to help.”
The foreclosure comment at the end was great!
I could never live there with that the jet noise over my head.
The Towns of St-Lawrence and Dorval on Montreal Island have the exact same problem: right next door to the airport! I went to a friend’s wedding in one of those neighbourhoods many years ago, AND IT WAS VERY, VERY NOISY!
Nice bit at the end! 🙂
I hope the street at the end on the airport approach was D.B. Cooper Drive. Thanks for another informative week, Jim. All the Best and Stay Safe all! Enjoy the Obatomy!
good stuff jim!
Hilarious dude. Well done.
Be glad if you don’t own a home in Los Angeles…
http://www.latimes.com/news/local/la-me-lausd-bonds15-2009aug15,0,2216772.story
The district is allowed to raise taxes under little-known legal protections for bond holders. In essence, if revenues from property taxes can’t cover installment payments for bond debt, L.A. Unified can raise tax rates, even if they rise above past projections.
The current rate is about $123 per $100,000 of assessed value. That’s actually lower than the original projections, but the good news ends there.
Officials wouldn’t reveal estimates for next year but, when pressed, said they expected rates above $200 by 2012. In an interview, L.A. schools Supt. Ramon C. Cortines mentioned a rate of $207, though he didn’t specify the year.
For a home worth the current Los Angeles County median assessed value of $325,300, the difference, using Cortines’ figure, would be about $275. For a $700,000 home, the rise would probably exceed $550, for a total bond tax bill of about $1,450.
****
The increasing tax rates could also spell trouble for L.A. Unified’s nascent effort to put a different kind of property tax before voters. A parcel tax could be used to pay for ongoing expenses, such as teacher salaries, but it must be approved by a two-thirds margin. The district this year laid off about 2,000 teachers and 750 other employees.
“I think people want to support schools,” Cortines said, “but they could say, ‘Don’t tell me you’re raising my taxes on one hand and you’re asking for more money in a parcel tax on the other hand.’ ”
****
“The liability on individual property owners will go up at precisely the time when property owners can least afford it,” said Jon Coupal of the Howard Jarvis Taxpayers Assn.
He predicted that this hit would not be the last and said other government agencies would probably follow suit to manage their own debt. “It’s going to cause more foreclosures, and it’s going to drag down the California economy,” he said.
A year ago, officials used a rosy forecast to justify Measure Q, the school system’s fifth bond issue since 1997. An analysis projected that property assessments would grow an average of 6% a year. Experts characterized that as conservative.
Rising home values gave officials confidence that they could keep tax rates relatively low and still pay annual installments on a school-construction debt that is at $8 billion and growing.
Hmmmm… Well then maybe I should buy some Cali Muni bonds! :o)
The yields have to be 5-6% right?
I thought tsunamis were pretty much impossible in San Diego, something to do with the deep ocean floor? Anyone know?
That’s my Carlsbad!!!
Wait, so which neighborhood was that where the planes fly over. Reminds me of the long-term parking lot at the end of runway at SFO. The funny thing was that car alarms would go off after every 747 takes off from those runways. At SFO, there are a lot of 747s every day, at least there used to be.
It’s a trip to see a video when I actually know where you’re going. They need more restaurants on Palomar Airport Road. Everyone at work drives into San Marcos when they want something decent to eat.
Genius, welcome to town!
Let’s go ’round the block – Palomar Airport/I-5/Cannon:
Sammi’s Woodfired Pizza
Marie Calendar’s
Claim Jumpers
In-N-Out
West
West Bistro
Bellefluer
Japanese
Ruby’s
Sheraton
Karl Strauss
King’s
BJ’s
PF Chang’s
TGIFriday’s
Island’s
McDonald’s
Carl’s Jr.
Taco Bell
and Big John’s!
And you have people going to San Marcos?
Thanks for the welcome!
Sammy’s is awesome.
I stayed at the Sheraton my first night down there but got in too late to try the food. Nice hotel though, on par with La Costa Resort but without the amenities. And the next time someone charges me a “resort fee” they’re getting kicked in the nuts.
Karl Strauss is a company favorite, but I think people are getting sick of it. Never been myself.
You forgot Subway 😉
We’re right off of El Camino Real, so it’s not too much farther to restaurant row in San Marcos… I guess. The only day I had to actually sit down and eat was friday, I was running all over town trying to find a house the rest of the days.
That being said, if anyone has any suggestions off of Del Mar Heights road west of the 5 I’m all ears. I hear that the bars are cougar central but I’ll believe it when I see it.
Congratulations on finding a new home, Genius! 🙂 Hope you like it here.