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.
Wait, what? I thought pricing was supposed to drop year over year? I was thinking pricing would drop 10% or so?
Wait, what? I thought pricing was supposed to drop year over year? I was thinking pricing would drop 10% or so?
Do you know a home seller who will sell for 10% less? I can’t think of one, and I talk to my share!
A 5-10% drop is already underway in San Diego, next month we can see where we are. I imagine it will be lower.
But so many of my friends swear this is the beginning of a big bear real estate market. Prices must come down 50% like in 2008.
( )
( )
( )
( )
) )
( ( /\
(_) / \ /\
________[_]________ /\/ \/ \
/\ /\ ______ \ / /\/\ /\/\
/ \ //_\ \ /\ \ /\/\/ \/ \
/\ / /\/\ //___\ \__/ \ \/
/ \ /\/ \//_____\ \ |[]| \
/\/\/\/ //_______\ \|__| \
/ \ /XXXXXXXXXX\ \
\ /_I_II I__I_\__________________\
I_I| I__I_____[]_|_[]_____I
I_II I__I_____[]_|_[]_____I
I II__I I XXXXXXX I
~~~~~” “~~~~~~~~~~~~~~~~~~~~~~~~
You don’t have to listen to me – believe what you want to believe.
All that matters is what happens in Feb/Mar, 2023. Until then, the market will be written off to the adjustment period.
Will sellers hold out, or give them away next spring?
There is an easy marker until then.
If NSDCC monthly sales drop down to around 100 per month, we’re in big trouble.
If they can hang around 200 per month, then all the affluent people are giving up hope and just paying what it takes to get a winner.