They had the big broker party scheduled for today that was going to include an appearance by Mr. Davidson himself. But they postponed due to rain – I’m hoping to get his thoughts on the market!
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Jim Klinge
Klinge Realty Group
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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Trustindex verifies that the original source of the review is Google. We sold a home with Jim and Donna and from beginning to end they were consummate professionals. Their initial walk through the property resulted in a list of items to be repaired or updated. They supplied a list of vendors and job quotes to do the repairs and updates. We originally wanted to sell ‘as is’ and just get it over with. They gave us a selling price for ‘as is’ and options for doing a few updates/repairs to doing it all with the selling price for each option. We agreed to do all they suggested and we sold for the exact price they predicted. For every dollar spent we got back more than $2 back in the selling price. And they got that price in a rising interest rate environment! Donna and Jim are extremely detailed and guide you through ever aspect of the sale. There were no surprises thanks to their guidance. We couldn’t be more pleased with their representation. Thank you Donna and Jim, Jerry and MaryTrustindex verifies that the original source of the review is Google. 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.Trustindex verifies that the original source of the review is Google. WeI had the pleasure of working with Klinge Realty Group to sell our home in Carmel Valley, and I cannot recommend them highly enough! Jim and Donna demonstrated exceptional professionalism, offering expert guidance on market conditions and pricing strategy, which resulted in a quick and successful sale. Communication was prompt and we were well-informed throughout the entire process. For anyone looking for a dedicated and knowledgeable real estate team, look no further! ---Trustindex verifies that the original source of the review is Google. Donna and Jim Klinge of Klinge Realty Group have our highest possible recommendation. From Donna and Jim’s first visit to our house through closing their advice and counsel was candid and honest in all dealings. They kept us fully informed throughout the process. The house sold less than three days after listing with a two-week closing. My wife and I have sold several houses during our lives. This was by far the best experience. Klinge Reality is a premium service realtor. You can’t make a better choice for someone to sell your home fast and for top dollar.Trustindex verifies that the original source of the review is Google. Donna and Jim provided exceptional support and professionalism throughout the entire process. We couldn't have been happier with their efforts. They made our house shine, and thanks to their expertise, it sold above the listing price in the very first weekend! Truly a fantastic experience from start to finish.Trustindex verifies that the original source of the review is Google. This year has been difficult on our family, mainly due to having to sell our home. Thankfully we knew God had a plan for us and working with the Klinge team was a key part of it. It was an obvious decision to work with them again after such an amazing experience when purchasing the same home we needed to sell. The challenge was, how will we do this in so little time with so much going on? Jim and Donna held our hand every step of the way. Whenever an unexpected issue arose they found and provided a solution. Never once did we feel pressured to make a decision and the Klinges were always reassuring after providing the information that the decision was ours to make. Despite the curve balls, they never panicked and exemplified the “can do” attitude, making us feel optimistic and taken care of. Their expertise and professionalism was superb. But of all the reasons to work with the Klinges, the most impactful and valuable is their compassion and genuine care for their clients. We pray that we can one day purchase our forever home and you better believe that Jim and Donna will be representing us - as long as they will have us of course. Thank you again Klinge team! Your execution, experience, and care are unmatched.Trustindex verifies that the original source of the review is Google. Jim and Donna were fantastic! Jim understanding my needs, recommending potential places, pointing out the pros and cons of each property was invaluable. Then when the offer was accepted Donna’s organized guidance through the inspections, paperwork etc made the whole process seem effortless. So grateful that I had them on my side!Trustindex verifies that the original source of the review is Google. We first found Jim through his blog at bubbleinfo.com, which really showcased his knowledge of SoCal real estate. Since then we've done three transactions with Jim and Donna, and they are an incredible full service agency, with Jim's deep market insight and Donna's deft contract and project management. We trust them implicitly in their analysis and strategy, which is based on years of experience. They're always available and on top of things, and we strongly recommend them to anyone.Trustindex verifies that the original source of the review is Google. The Good The Klinge Realty Group operates like a finely tuned machine, with a very personal touch. We contacted them on a Sunday and they were talking to us about our family and our needs on our living room couch the following day. They carefully listened to us and worked with us to identify the best and quickest path to listing within 2 weeks to take advantage of the low inventory conditions in our South Carlsbad neighborhood. They knew our tract specifically and had many previous sales there over the years - they came prepared with a thorough analysis of comparative sales and recommended a pricing strategy that they felt confident would yield offers the first weekend on the market. The Great Over the next two weeks Donna coordinated a range of vendors who she knew from experience could get the preparation to list work we needed done on time and with high quality. Our light tune-up involved excellent experiences with their stagers, landscapers, contractors, electricians, and plumbers. Throughout this period Donna's daily communication was clear, concise, and responsive. Any time we had questions Donna picked up the phone or texted immediately - but almost always, she answered our questions before we even knew we had them. The Outstanding We had a tricky situation with a shared fence that could have delayed our escrow. Donna used superb mediation skills to negotiate the terms of replacement and was personally on site with the fence contractor to make sure everything went smoothly. The fence looks great and escrow closed on time. The Truly Exceptional Our house came on the market on a Wednesday and between then and Monday morning Jim was personally at all three open houses. He was in constant communication explaining potential buyer reaction and strength. As he predicted offers began to come in on Saturday and each one was incrementally higher than the last. At the end we had 5 offers, 4 of which were over list, and the final accepted offer was $100,000 over list. In addition to being over list it included rent back terms that met our needs. The Recommendation For all of these reasons we would strongly recommend The Klinge Team to anyone wanting to sell in North County Coastal San Diego. I had been reading Jim's bubbleinfo.com blog for 15 years and knew when the time came to sell that he would be our first call. Jim Klinge is not your standard realtor. He is keenly aware of market conditions and sales strategies. And, works his tail off - though not as hard as Donna . At this point he's gone from realtor to friend and I plan to have him over to grill and chill at our new place to talk real estate, but also just about life and raising kids in San Diego. He's more interested in relationships than his sales numbers - and that's why his sales numbers are so high. We have already recommended the Klinge's to some close friends and another successful sale is on deck right around the corner...Trustindex verifies that the original source of the review is Google. We recently had the pleasure of working with Jim and Donna from Klinge Realty Group to sell our house, and we couldn't be more satisfied with the experience. From the initial meeting, they listened attentively to our needs and provided invaluable guidance on specific improvements to get our home market ready. Their responsiveness throughout the entire process was truly impressive. Anytime we had questions or concerns, they were quick to address them, ensuring we felt comfortable and informed every step of the way. What stood out the most was their team and extensive network of tradespeople, which made addressing any necessary repairs or updates seamless and stress-free. Thanks to their expertise and dedication, our house sold quickly and at a great price. We highly recommend Jim and Donna to anyone looking to buy or sell a home. They are a fantastic team who truly care about their clients and deliver exceptional results.Load more
I love that he has done away with the formal living room and just has the great room/kitchen. I think this guy really gets what people are looking for in homes. He has a much better feel for desired floor plans than the traditional builders. And his decorator’s really dolled the places up great. I live in a Davidson place designed in early 90’s and the layout of it still works and doesn’t feel dated.
I’m sure your stitches would’ve been the hit of the party! 😉
Small community of just about 40 homes. Davidson does build beautiful quality homes.
I think I read some where that davidson’s wife does all the interior designing for the models.
Now these are homes! Much better than those older million dollar+ homes in the previous videos. Although, still overpriced. If these were 300k-400k, then maybe more people could afford them. Just shows how far the money spigot has opened wide. so much for the value of a dollar.
Thank you Mr. Negative. Could it be that we have more rich people than we thought?
The video was cut short, and featured only the Plan 2&3.
Here is the tour of the Plan 1:
http://youtu.be/vL6h-7T2OZU
There’s plenty of homes in the $300-400k range in SD. Why waste time complaining about prices of homes that’s clearly not “300-400k”.
http://www.sddt.com/news/article.cfm?Sourcecode=20110203czc
The ungraded lots average out to be $170k per lot. After grading, perhaps $200k? We know Davidson does not cut corners, so the $/sqft on the construction will for sure be over $100/sqft. But we’ll just assume $300k per home. Now we are looking at $500k. Then there’s permits and marketing and everything else.
So you expect Bill Davidson to subsidize your housing by at least $200k? When he is in this to try to make at least $200k per home. Especially since he was on the losing end of things during the peak.
Don’t know about you Jim, but I would really like to hear this guy explain his logic.
Great video, love those homes. Did Taylor Morrison sell out all the homes they bought from Davidson in Bressi/La Costa Area? Similar designs but slightly larger. I think you did a piece on that earlier this year.
They haven’t sold out but they are doing well, in spite of themselves. We’ll see how they do on the last phase, which is an inferior group.
I have one of their new ones in escrow now (it was supposed to close yesterday) and it has been a circus for the last six months.
We wanted the same upgrades that were in the Davidson-built model, but they said they couldn’t do them. Why would you buy this tract with standing models if you couldn’t duplicate?
We finally convinced them to figure it out, but it took weeks.
Last week we did the final walk-through, and thought we were set to close, but then their loan company went MIA and still haven’t printed loan documents, let alone sign them. How can the seller-owned mortgage company be so lame that they miss the scheduled close date by 1-2 weeks?
Very nice.
I think there’s a difference between the old beige-beige-beige and this approach. These houses have dark floors, some beige, but also lots of white-white, stainless steel, mirrors, and non-trav natural stone. It’s a totally different look, I think, even though it involves some beige. I like it a lot.
“We wanted the same upgrades that were in the Davidson-built model, but they said they couldn’t do them. Why would you buy this tract with standing models if you couldn’t duplicate?
Oh my goodness. That’s terrible.
#6
Looks like Davidson has a good reputation as a builder. Where i feel davidson is weak is “Demand based pricing”. I had a chance to look at sentinels in Delsur.What were they thinking ..800K home and it feels like group sharing home(front yard/courtyard). They say it is french style/similiar. They couldnt sell for last 2 years and they sticked on their guns on price. I am sure, they will re-coupe some of it in their next gig.
About Cost of home. Home Builders have to negotiate land costs. Not just pass them thru, via Mello roos to the buyers as they did in bubble years. I am sure, if they didnt do it, market (buyers) will correct their market share.
Fairness: If we are talking about fairness, then lets Tax any investment property transaction at 5% of the deal. 🙂 . This way not many of our future generations are not priced out.
What a mess with the seller owned mortgage co. Hope you close soon! Thx again for the great video and insight..
I remember similar quality & size new homes in good areas going for $150psf in 1990, which (per the CPI) equates to $262psf now; not too far off, really.
That said, I still believe historically low rates are skewing prices significantly upwards.
#12: Wages haven’t come close to keeping up with CPI according to some charts I’ve seen (from a CPI vs. salary google search), so if income really is a factor then we still could be a ways off. This assumes that there is an actual metric(s) that could function a reasonable indicator of where prices “should be.” Irrationality is the new normal it seems.
I don’t think anyone will argue with you regarding the effect of low rates on prices.
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Really helpful video, I dig the houses – especially the “accordion” doors. The prices don’t seem too crazy; it’s the mello-hoa fees that frighten me.
Depending on interest rate that $2700 MR would probably equal a payoff of $25-30k. So instead of $780k, you’ll be looking at $810k. Does that scare you more or does the $2700 per year scare you more?
I was considering the HOA as well. If you didn’t have to pay either you could afford another $50-60k of house…
Fine, you win. The fees and the prices scare me equally. And Mello-roos sickens me.
“Thank you Mr. Negative.”
Complaining that homes should be more affordable and available for more people is never negative. Having people go into debt for drabby stucco boxes or going through a frustrating buying process because of unfair federal reserve / government / bank home supply practices.. Now that’s negative.
Putting people underwater.. Now that’s negative. I think each agent or broker should have an underwater rating which shows how many or what percentage of his/her sales are now underwater. Oh and the agents sleep so well at night.
“Could it be that we have more rich people than we thought?”
We don’t have enough “rich” people. If we had more rich people, we would have less unimaginative stucco boxes and more of these “luxurious” homes being sold. I wouldn’t call the person buying a stucco box for a million dollars rich by any imagination. Were the people who bought at the top of the bubble rich? But I guess buying at bubble prices is a good thing according to the discord here.
“The ungraded lots average out to be $170k per lot.”
Why should lots be priced so high so as to start off the building process at high prices? If prices were lower, more quality materials would be used instead of the money being laundered into the pockets of individuals of the FIRE industry. Instead of 20k going into some land owner’s pocket, that 20k could be used for solar panels. Imagine a law stating every new home must have solar panels. But I guess people don’t quite understand economics.
You are Mr. Negative.
You don’t come in here to contribute to others, you solely come here to show everyone how superior you, and your theories, are compared to us normal folks. And you are always glad to throw in some agent-bashing for icing on the cake.
Go complain somewhere else, we’re trying to get something done here.
Mr Damania,
You are missing the very BASIC of economics ….
Lots are much cheaper in Iowa, Ohio and Michigan because YOU DONT WANT to move there.
Lots are expensive in Manhattan, Silicon Valley and Coastal California because YOU WANT TO live here.
Its a free country, you can always pay the top dollar if you want to live in desirable places or else move out and let others pay. Its not unique to US … las time I checked it was like that in Bombay, Shanghai, Hong Kong and other desirable locations.
“not many of our future generations are not priced out”
… really … are we living in a fairyland or something.
Future generations can always move out or pay the top rent. This is what all the grandpas from La Jolla to Manhattan have been telling me.
Should I blame them for pricing me out of that La Jolla Ocean front ?
How refreshing to see a builder with a sense of style. Love the informal dining island idea…where can I find plans for those? Going to be remodeling my kitchen soon.
Thanks,
Jay
Mitesh, you are talking only stucco boxes. You forgot about all the dirt that is underneath it. All dirt isn’t the same…some dirt is alot closer to the beaches, work centers and good schools than other dirt.
I bought my house because of the dirt, and the house was maybe worth 10% of what I paid. It isn’t even stucco.