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.
A doubling in 17 years. 4.2%/yr compounded.
For reference, the stock market S&P over the same period, 1300 to 2800 a tiny bit better but you cannot live in an index fund. Then again you don’t pay utilities or taxes or repairs. I called the bubble last time so I’m comfortable calling a pause here. Changes in tax law probably have something to do with the current inflection. If Prop 13 gets gutted in 2020 all bets are off. And make no mistake the split role proposition will upend the entire sector not just the commercial properties targeted.
Just a pause or slight break. This not a bubble this time.