The looming real estate crisis in China, from 60 Minutes:
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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Three months ago newly listed condos for sale would be lucky to get 2-3 showings their first week.
Today we got ten showing requests within 3 Hours of a unit going on the market.
It's unbelievable how quickly the market can change
Is the housing market resilient to rising rates? Context matters and each rising-rate era is different. Even if rising rates persist in 2021, the context is good for the housing market. https://blog.firstam.com/economics/why-the-housing-market-can-thrive-if-a-new-rising-rate-era-begins
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"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
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"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
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"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
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"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 "
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"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 "
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"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 "
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"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
Could be. Chanos went short 3 years ago and predicted the collapse would happen in ’10. Maybe it’ll happen this year.
Could be??? This is a nuke on a timer, but nobody knows how many ticks are left.
At least the Chinese haven’t yet experienced a burst bubble and thus have an excuse.
I saw the program last night. I think bloggers have been talking about this for years. Building for the sake of building. The parties seem to last longer than you think.
Markets can stay irrational a lot longer than you can stay solvent!
“Markets can stay irrational a lot longer than you can stay solvent!”
Need to change your name to aboveAverageJoe cuz the avgJoe really doesnt understand this. 🙂
One of my favorite sayings.