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. We trusted their judgement implicitly and followed 100% of their recommended changes. When our house finally came on the market, there was a blizzard of serious interest, we had multiple offers by the third day and it sold in just 5 days after a frenzied bidding war for 20% above our asking price! The investment we made in upgrades recommended by Jim and Donna yielded a 4-fold return, in the process setting a new high water mark for a house sold in our community.
In our view, there are no better real estate professionals in all of San Diego than Jim and Donna Klinge. Buying or selling, you must run and beg Jim and Donna Klinge to represent you! Our family will never forget Jim, Donna, and their whole team at Compass — we are forever grateful to them.
I’d like to blame the weather for my epic miss. I’d like to but I cannot. I really thought SALT shock and an awakening of the cash-out 55+ crowd would push the listing numbers hard at prices not set to move.
That said, this feels a lot like my losing the coffee bet. Just a little too early but correct on calling the trends.
at prices not set to move….
Oh, you mean those 462 NSDCC active listings over $2,000,000?
We closed 38 of those last month.
That said, this feels a lot like my losing the coffee bet. Just a little too early but correct on calling the trends.
Agree. I’ll send you a consolation prize. 🙂
> I’ll send you a consolation prize.
Earlier this year I spent a night on the beach at Hotel Del with the doors open listening to the surf. I don’t need a prize at this point. The fun of a contest these days is where it is at not where it leads.
38 of 462 per month is 12 months on market. Not healthy. I should mention an exception. Lots of top 10% properties aren’t listed to sell or at least sell now. My La Jolla sister listed a property on the East Coast in September with no intention of selling until the “buying season” April-May (for them) this year. That’s how they do it there. It looks more like that’s what may be happening on the Left Coast. There are test listings and selling listings.
“Priced to sit”
How many guesses were there?
And, what was the average and the median?
Curious about the bulls to bears ratio.
740 – Doughboy
755 – Neil
777 – Bb
785 – Recordsclerk
799 – TominLaCosta
825 – Haile
838 – Eddie89
845 – Joe
845 – B
858 – Marc
864 – Wes
866 – BWell_SoCal
889 – Rob Dawg
903 – Esteban
910 – Drew
1,017 – Rob
1,050 – Ron
Median = 845
Average = 857
Did home improvements get delayed due to the rain, and more sellers will surface later?
Are sellers waiting and seeing too?
Do sellers care about market conditions?
Today’s count for number of listings between Jan 1 – Feb 28: 768
Today’s count, YTD: 953
We listed 24% of the two-month total in the last 12 days! They are coming now!
> We listed 24% of the two-month total in the last 12 days! They are coming now!
Yup, just like last time I was just a tiny bit early.
Good time to be an agent. More supply means a higher likelihood of matching willing buyers and sellers.
Yup, just like last time I was just a tiny bit early.
If the contest would have been six days longer, you would have won.
Only six days? Okay, I will blame the weather. 😉
I may still make it to a Red Sox or Dodgers game there this year.
Aug 23-28 is three days Red Sox then three Dodgers. Maybe Sun & Mon one of each. It surprised me that Padres home tix are more expensive the BoSox equivalents.
The Padres ticket cost vs quality of play has to be the worst in the history of sports
Thanks JtR. I think most people are pessimistic on the real estate market now, and that number set shows it.
But it’s really not that bad and also definitely not very good. Many are watching and waiting for a recession but it might be that this time flatsville is our current flavor of recession.
Agree – a meandering path to flatsville.