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.
without a lot more new inventory (new homes) I think it will be a Permanent funk (maybe the new normal for SD).
IMO anyway.
All the action will shift to the outer burbs where new stuff is still being built (also IMO).
The perm-funk would cause buyers to relax a little, then get complacent altogether.
Will sellers recognize in time?
IMO no if elective sellers, they will most likely pull their listing if they can’t get their price if no new inventory is being built.
IMO anyway.
Sorry, I just don’t get this “negative equity” expectations bias. If homes turn over every 7 years shouldn’t we always expect to see 14% of homes under water – just because of transaction costs? Or, does everyone buying a home believe they’re smarter than the rest of us & are buying below market value?
Remember the old adage,it’s irrational to expect too much of people when 1/2 of us have IQs below 100.