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.
The national, 30-year fixed-mortgage rate (FRM) slightly decreased from a week earlier, setting a new record low average of 4.26%, according to the Zillow Mortgage Marketplace weekly update. This is down 0.03% from last week and 0.02% below the previous record low.
Regionally, 30-year rates vary, but the majority of states witnessed a deflation. Most large states saw a decline in rates: California’s current rate of 4.28% is down from 4.3% last week; Texas’ at 4.23% is down from 4.28%, and Massachusetts’ at 4.26% is down from 4.27%.
How is it that the price per square foot number for Encinitas and Rancho Santa Fe are almost the same? Is this just a one month deal?
If you don’t mind the ad in the beginning, and how more videos keep playing at the end, here’s a look at the mansion Tiger is building.
http://www.clipsyndicate.com/video/playlist/14857/1668755?title=mortgage
The RSF statistics have been coming down all year, but it is a small sample group. But sales are few, only the best values are going to move.
Here is a comparison of active detached listings:
92067 – 279 listings avg. $690/sf
92024 – 178 listings avg. $521/sf
Nine sales last month when there are 279 choices?
I’m also noticing more cancellations – as you predicted, Jim.
I wonder what others think is causing the drop in PPSF in RSF, especially in relationship to the rise in PPSF in Del Mar.
any oceanside data?
Do you have the data for 92037 (La Jolla)?
I’ll come back to both of those.
The MLS deleted 92037 yesterday, for some reason. It is back in play today.
I’d like to see Oceanside too, if you find the time.