I don’t know anything about this guy, but here is a presentation on the trends of real estate over time – and why we will see the upward price trajectory continue. He has a couple of other related videos too; look for them linked at the end of this ‘tube:
Prices to Continue Skyward?
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Jim Klinge
Klinge Realty Group
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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.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. 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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!Load more
Am I really to take this guy seriously when he uses hand drawn charts and a back scratch-er to make his case?
This was entertaining to say the least.
Come on man, it’s efficiency. You never had to scratch something while doing a presentation?
I thought he just had a skinny arm.
LOL 😆
At the height of the housing bubble I read many impassioned editorials stating emphatically that it was not a bubble, simply “supply and demand”. It’s amazing how many people are unfamiliar with the concept of “artificial demand”. Beyond that, simple ignorance of broader underlying trends that may seem unidirectional to those that don’t consider history prior to their birthdates.
Someone needs to show this guy the Case Shiller 100 Year chart.
Seems a bit simplistic but I generally agree,
Grab something while you can, I doubt we will see anything like we saw happen in 2006-9 in our life times again.
move on.
OK, so the 1100 square foot two bedroom condo selling today for $400,000 will grow in value to $2,800,000. $280,000 down on the condo and then borrow $2,520,000. Absent other debt the lender might loan 4 times income. So, the buyer’s income will need to grow from $90,000 to $630,000 annually. Looks like we’re in for some extreme inflation. I’d like to see the interest rate curve for the same time period.
The numbers may be somewhat exaggerated but I do think anything close to the SoCal, metro area’s will be a lot more expensive 10-15 years from now.
I thought this video was terrible, very sophomoric. The reason house prices went up after the dot com recession in 2000 is b/c lending got totally out of control (stated income, zero down, option arms, interest-only) – more out of control by far then ever in history. It was not because demand outstripped supply! If lending didn’t get out of control, we may have stayed in the recession after the dotcom bust much longer. Wages are not rising! How does this guy think prices are going to go up 700%? The main reason they have gone up is we have the lowest rates in the 238 year history of the U.S. courtesy of the Fed.
His video has 132,000+ views, which is 5x more than any of mine, so somebody is watching. It doesn’t matter if he is right or not, all that matters is whether people believe it – and act on it.
If we’re just talking about dollar value, the value of real estate could increase significantly, just from devaluation.