Many years ago, we purchased a home in Carlsbad, using a realtor that was recommended to us - Jim Klinge. Fast forward to 2025, we recently had the privilege of selling 2 homes in Carlsbad, CA and didn't hesitate to reach out to Jim and Donna Klinge of Klinge Realty Group to guide us through the sales. The transactions were very different, each with its own unique situation, opportunities and challenges. From start to finish, Donna and Jim helped navigate the pre-sale preparation, the listing, showing of the house, buyer negotiations, the final close and all of the paperwork and decisions in between. What stands out with both transactions is the professionalism of Jim and Donna (and their team), wonderful communication (timely, relevant, concise), their deep understanding of market dynamics (setting realistic expectations), their access to top-notch contractors, and last, their ability to guide us across the finish line successfully. We wouldn't hesitate to use Jim and Donna in the future and highly recommend them for anyone looking to buy or sell a property in North San Diego County.
do you think more sellers will come out of the woodwork as prices go higher?
I got a couple flyers on the door this week from realtors I have never heard of before. Seems like the marketing is picking up steam.
Avgjoe, sellers in NSDCC dont really have a NEED to sell. There is no real motivation except for Higher Prices. From Sellers perspective, where else they can buy-and-move-to, in Coastal Southern Califorinia after selling their current home in NSDCC? Everything else in LA and Orange County Coastal Areas is much more expensive than NSDCC.
If sellers dont get their asking price, they are happily renting. Only way to revert the trend is perhaps a big decrease in Rents across all coastal areas. What are the chances of that happening in current inflationary environment?
Even if everything is NORMAL and there is NO FRENZY, it does not make sense for a rational buyer to burn around 45K on SFH rent every year to just sit and wait.
With a conservative annual appreciation rate of 5%, on a One Million Dollar Coastal Property, annual cost of waiting is around $100,000 ($45k Rent + $50k Appreciation on desired property).
Rationally speaking, it does not make sense to wait beyond a reasonable search period, just in hope that pricing trend would revert in short term.