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.
Seeing any evidence of demand shifting away from density? Here’s some interesting anecdotes from Tahoe pointing in that direction: https://www.tahoedailytribune.com/news/demand-high-for-lake-tahoe-real-estate-amid-virus-shutdown/
Here’s a poll (I said no) with many comments:
https://twitter.com/spencerrascoff/status/1260956696605671426
Rich people are able to discover/engage more, but we’ll see how many actually pull up roots and go live elsewhere and find new schools/doctors/shops, etc. It doesn’t seem to be a big deal to me but I’m in the business of moving. From your article:
“I measure the state of the local real estate market by who visits my website,” Bednar said. “The web traffic (on laketahoecommunities.com) averages about 30-40 people per day, but now I’m seeing around 150 daily visits. It’s very unusual, the supply of homes is at an absolute all-time low and because of the virus we are restricted on showing homes.”
So, why is there so much interest during the stay-at-home order?
“They all say the same thing, they want to get the hell out of where they’re at,” Bednar said. “I had 19 new clients just sign up in the last three days interested in moving up here. Some people are paying $4,000-$15,000 a month in rent just to buy some time until September/October when there’s more inventory.
“A couple from Phoenix found a really nice property on the East Shore and they’re renting it out for $13,000 per month for three months to get to know the area,” he added.
Renting out a home for a total of $40,000 for three months sight unseen is a bit unusual for Tahoe buyers.
Maybe now people from major cities are seeing how much easier it is to work remotely and they’d rather be in the mountains than in a highly dense area when a national health crisis happens.
“We also have a lot of millennial buyers who are already used to working remotely. They don’t know how long this (pandemic) is going to last, and they’d rather be here,” he said. “The people I’m talking to are looking for a simpler life, a close community. They want the outdoors and don’t want to be stuck in places where there’s a health problem.”
LOL! Good luck getting High Speed Internet to be able to work remotely from up in the mountains!
>>>Maybe now people from major cities are seeing how much easier it is to work remotely and they’d rather be in the mountains than in a highly dense area when a national health crisis happens.
I don’t work at Qualcomm but I’ve heard that you’ll want a booster for your 5G at home.