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.
the graph is not translating to my mobile device. I only see half of the chart in vertical orientation. Even when I rotate to sideways orientation I still don’t see the whole chart.
It’s Fred’s fault.
According to Ralph McLaughlin, CoreLogic deputy chief economist and executive of Research and Insights, there is the potential for prices to reignite, especially if low mortgage rates remain the trend. The average 30-year fixed rate slid to 3.55 percent, down from 4.51 percent this time in 2018, Freddie Mac recently reported.
“While falling mortgage rates have thus far only led to an increase in refinancing, rather than purchase activity, there will undoubtedly be a large boon to the marginal homebuyer,” McLaughlin says. “Thus, we should expect the lengthy slowdown in home price growth to flatten or even tick upwards by the end of the year, assuming the U.S. economy avoids any present-day threats of a recession.”
According to Lawrence Yun, chief economist at the National Association of REALTORS®, there is a high likelihood for prices to strengthen. In July, the existing-home median price was $280,800, an increase of 4.3 percent year-over-year.
“Though showing mild deceleration in price growth, it is worth noting that this index is a bit of a lagging indicator, with the latest data reflecting what happened in April, May and June,” says Yun. “The figure is likely to show reacceleration in home price gains in the upcoming months, as the market has been shifting towards higher demand due to lower mortgage rates and reduced supply as home builders constructed fewer homes this year compared to the last year.”