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.
This morning’s trading action offers resounding validation of the market’s hyperfocus on this particular CPI report.
In a month where the average price of diesel and gas were markedly higher than the previous month, even HEADLINE CPI (which includes fuel prices) was down more than 0.2% month over month.
But the star of the show was the drop in core CPI from 0.6 to 0.3 month over month, much lower than the 0.5 f’cast. This makes the chart look more “toppy” whereas 0.6 or higher would have kept the “sideways to slightly higher” trend intact.
Bonds are in the midst of their best rally since March, 2009!
https://www.mortgagenewsdaily.com/markets/mbs-morning-11102022
The magic of Economists ability to say nonsense while at the same time taking neither side.
The Dawg predicts: “Mortgage rate rises PAUSE”.
The only way this is a drop is if the Fed sent out a secret memo to allow central banks to increase lending ratios. Wat too early for that hail mary.
It was 7.3% last week. I’ll take it.
Goldman Sachs reports that its intra-day estimate of U.S. financial conditions from its financial-conditions index eased by over 50 basis points today following the rally triggered by the October CPI print. That is the third-largest single day decline on record.