We have known Jim & Donna Klinge for over a dozen years, having met them in Carlsbad where our children went to the same school. As long time North County residents, it was a no- brainer for us to have the Klinges be our eyes and ears for San Diego real estate in general and North County in particular. As my military career caused our family to move all over the country and overseas to Asia, Europe and the Pacific, we trusted Jim and Donna to help keep our house in Carlsbad rented with reliable and respectful tenants for over 10 years.
Naturally, when the time came to sell our beloved Carlsbad home to pursue a rural lifestyle in retirement out of California, we could think of no better team to represent us than Jim and Donna. They immediately went to work to update our house built in 2004 to current-day standards and trends — in 2 short months they transformed it into a literal modern-day masterpiece. We trusted their judgement implicitly and followed 100% of their recommended changes. When our house finally came on the market, there was a blizzard of serious interest, we had multiple offers by the third day and it sold in just 5 days after a frenzied bidding war for 20% above our asking price! The investment we made in upgrades recommended by Jim and Donna yielded a 4-fold return, in the process setting a new high water mark for a house sold in our community.
In our view, there are no better real estate professionals in all of San Diego than Jim and Donna Klinge. Buying or selling, you must run and beg Jim and Donna Klinge to represent you! Our family will never forget Jim, Donna, and their whole team at Compass — we are forever grateful to them.
I work for KPBS and a reader of your blog. I believe the homes that are next to KPBS are owned by the San Diego State Research Foundation. I believe they are holding on to them for future SDSU buildings. Good to hear you on KPBS.
CalculatedRisk wrote on Mon, 7/26/2010 – 3:08 pm
I think prices in San Diego are absurd except at the bottom.
I learned two things:
1. If you buy a condo you may not be able to refinance when you want to.
2. Everyone except JtR seems to think that high prices are good for real estate. They seem to have short memories.
Thanks for the video. I listen to kpbs all the time and now I can visualize what it looks like inside the studio.
PS. I can hear an ice cream truck in Bressi Ranch!
Hey Jim–Conrtats on the radio gig!!! I agree with the SDSU rentals–We owned alot of property in 92115 back a while ago and had a lotta fun doing it. The best of the bunch was an 11 bedroom 6 bath house on Alumni Place–The problem with renting those now is the “Mini-Dorm” ordinances!
Listened to the program on-line. Once again your opinions are right on from where I sit. Lots of inventory, but most of it is so over priced it might as well not be listed, and then a small percentage that’s well priced that people are competing for.
How about a run of “there’s nothing price won’t fix” bumper stickers? I promise I won’t deface any For Sale signs.
3clicks, LOL.
Interesting flick JtR.
Nice work JTR. While the other guy talked a lot more, he really didn’t say much of anything specific (typical professor type). You slipped in more detail and facts.
Great job Jim.
Did you make the mortgage broker wince at all? I think I heard a wince when he said “when the spread between what the seller is willing to take and the buyer is willing to pay closes….”. And I definately heard a groan when that caller waved the missing paperwork monster at him.
I really wish there was a way to find out what the shadow inventory amount really is.
Joyce should have w/drawn her short sale offer and reduced the price of her offer. She’s bothered b/c she missed out on the tax credits. Doesn’t she know that the incentives just succeeded in raising the price of the place. What can be done? Lower the price of the offer.
More people need to be aggressive and not victims. If there are no buyers willing to buy overpriced properties, the prices will have to come down eventually. The buyers can rent and wait until they find something suitable.
Here’s the street view of the sky blue house before it was painted:
http://maps.google.com/maps?f=q&source=s_q&hl=en&geocode=&q=5258+Rincon+St,+San+Diego,+CA,&sll=32.774042,-117.062083&sspn=0.006657,0.009538&ie=UTF8&hq=&hnear=5258+Rincon+St,+San+Diego,+California+92120&ll=32.774141,-117.06218&spn=0.006621,0.009538&z=17&layer=c&cbll=32.774043,-117.062085&panoid=nb6lvmC_nvqzg01EYREVAA&cbp=12,57.93,,0,22.92
Great radio voice JtR!
Case-Shiller projection on http://www.ritholtz.com.
http://www.ritholtz.com/blog/2010/07/updating-the-case-shiller-100-chart-forecast/