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 great story on the risks in the next market to finally get hit with short sales and strategic defaults , the jumbo market
More than 80% of these loans are still current, Moody’s said, but more than half of them are underwater
“The high level of negative equity and limited opportunities to refinance will continue to amplify the rate of strategic default, primarily in prime jumbo pools,” Moody’s said
http://www.housingwire.com/2012/01/12/moodys-warns-of-jumbo-mortgage-strategic-defaults
Bring ’em on.
BTW:
Existing home sales will rise 12% this year after a 2% increase last year, and new home sales, coming off a horrid year, will jump 74% this year, Moody’s Analytics predicts.
Single-family housing starts will rise 37% this year, Moody’s predicts, after falling 9% last year.
http://www.calculatedriskblog.com/2012/01/some-bullish-housing-forecasts-for-2012.html
yup, good old moody’s. they did such a fine job on the ratings of the CDS pool!
B..S..forecast is right!
Interesting, if you look at the dollar/sq foot prices they would apear to be at a 10% discount to 1q10.
From a review:
“Jan was an amazing asset when my husband and I decided to follow through with a short sale on our home. Our knowledge was very limited, mostly comprising of stories and rumors. Jan explained the process completely and walked us through every stage of the process. Jan is a highly motivated and focused Realtor. She was able to locate a cash buyer for our home before it was even listed!”