Sundays are the favorite day to look at homes online. From realtor.com: So what is the true Black Friday of the housing business? Here’s a holiday shocker: Dec. 28 was actually one of the busiest days for real estate searches in the entire year, despite the fact that...
Month: November 2015
‘Drive Until You Qualify’
We know that we're running out of land in San Diego County - here's a story from the VOSD about Americans going to Tijuana for real estate development. An excerpt: “What is really misunderstood is that Tijuana is very important to San Diego. It’s actually where our...
Inventory Watch
Thanksgiving week is traditionally one of the slowest weeks of the year for new listings to hit the market. But demand is steady - there were more new pendings (42) than new listings (35), and one of my buyers got caught up in a bidding war that culminated on...
3D Tours
The new 3D tours are becoming more popular, and it won't be long before we see these on most higher-end listings. Here is a company that is using one of the new Matterport cameras: http://www.touritnow.com/ We should get familiar with the format - because you can get...
More Water, Not Enough Water Storage
Hat tip to daytrip for sending in this article from the latimes.com - an excerpt: The $1-billion desalination plant coming online next month in Carlsbad will fit right in with years of careful planning and investment in water supply in San Diego County. It will also...
‘New Normal’
Hat tip to CB Mark for sending this in from the nytimes.com - an excerpt: This year, Chinese families represented for the first time the largest group of overseas home buyers in the United States. Big spenders on new homes are helping prop up local economies in the...
Big-Timers
From the wsj.com: Andrew Viterbi, co-founder of wireless giant Qualcomm, has listed his sculptural home for $60 million: http://www.wsj.com/articles/qualcomms-andrew-viterbi-lists-california-estate-for-60-million-1448463373...
Thanksgiving Eating Tips
From everyone at Klinge Realty, thank you for being a friend and client - we appreciate you, and are grateful for your support. Seen at MND: HOLIDAY EATING TIPS 1. Avoid carrot sticks. Anyone who puts carrots on a holiday buffet table knows nothing of the Holiday...
Del Mar Hilltop
Remember the top-of-the-hill Del Mar lot that was auctioned off for $4,000,000, and then they added the 10% vig? http://www.latimes.com/business/realestate/hot-property/la-fi-hotprop-carson-palmer-house-20151123-story.html
‘The Big Short’
The long-time readers of this blog remember back when the financial crisis was imploding, and how we followed the ensuing mortgage-industry collapse. People from Jim Grant to the FHFA were gathering on-the-street intel from this blog, and we had an audience on Wall...