
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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SDSU assistant Chris Acker just made us aware on @JonAndJim that over 50 former Aztecs that played for Steve Fisher and Brian Dutcher will be at the Final Four on Saturday. What an incredible bond.
Because few people service a mortgage for all 30 years (they get divorced, refinance, move or die), mortgage rates are compared to the 10-Year Treasury Note.
While Treasury yields have fallen, mortgage rates are stuck in the mid-6% area.
Huge spread vs. 10-year = 304bps.
New post (Inventory Watch - Under $3,000,000) has been published on http://bubbleinfo.com - https://www.bubbleinfo.com/2023/03/27/inventory-watch-under-3000000/
Flippers are going to get slaughtered on that one in LC Greens. Had it listed over a year and got approval at 650K but offer was only 600K. That was a year ago. Recently they said get us 620K and we will do it. Despite being the best priced home in South Carlsbad in that category for the better part of a year and being shown a couple hundred times (could be 300) only 4 written offers were ever submitted (one by the same buyer who offered 600K a year ago but would only pay 550K now). It has no yard, a strange layout and there are huge powerlines across the street. Prepare to watch the flippers bleed on this one.
Thanks for the Mac music.
You’re welcome Otto, and thanks for the hat tip on the Doobie Brothers too – I wasn’t sure anyone would get that one!
I’ll keep them coming!
“made an extra 200K”
Correct me if I’m wrong, but don’t the juniors get excess proceeds after debt & fees?