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.
Soooo surprised…. NOT.
http://globaleconomicanalysis.blogspot.com/2013/06/10-year-treasury-yield-up-100-basis.html
The UT experts are unanimous No to the question:
http://www.utsandiego.com/news/2013/Jun/28/mortgage-rates-rising-increase-stall-housing/?#article-copy
Bill thinks price increases will slow, but not decline. (most sellers will give up than take less):
http://www.calculatedriskblog.com/2013/06/goldman-on-impact-on-gdp-of-higher.html
Show me what those experts were saying in 2007; otherwise, they’re just talking their book.
I don’t give credence to anyone that didn’t publicly see the obvious back then. Beyond you & Toscano that doesn’t leave much in the SD area.
We dont need any experts for the basics.
How many sellers in the coastal market really have a NEED to sell, especially if they refinanced with low interest rates in the recent past?
In the coastal area, sellers will simply leave the market and market will stagnate. Thats how it has been historically.
Case in point … 983 Turnstone in Aviara.
http://www.redfin.com/CA/Carlsbad/983-Turnstone-Rd-92011/home/3709341
Tried to sell for 900K+, more than once during downturn, but left the market when nobody buzzed. Now going strong at the same price. Just an example.
Sellers are heading for bubble-era peak prices and quite likely they will get there sooner than later. If buyers decide to rent (instead of buying), then sellers will also rent (instead of selling).
Only way to reverse the trend (in coastal market), would be a crash in the rental prices. Are we expecting the rents to decrease because interest rates are increasing?