Robert Shiller discussing the real estate market – thanks doughboy!
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Jim Klinge
Klinge Realty Group
Are you looking for an experienced agent to help you buy or sell a home?
Contact Jim the Realtor!
- 682 S. Coast Hwy 101, Suite #110
Encinitas, CA 92024 - (858) 997-3801 call or text
- klingerealty@gmail.com
CA DRE #01527365, CA DRE #00873197
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Trustindex verifies that the original source of the review is Google. We sold a home with Jim and Donna and from beginning to end they were consummate professionals. Their initial walk through the property resulted in a list of items to be repaired or updated. They supplied a list of vendors and job quotes to do the repairs and updates. We originally wanted to sell ‘as is’ and just get it over with. They gave us a selling price for ‘as is’ and options for doing a few updates/repairs to doing it all with the selling price for each option. We agreed to do all they suggested and we sold for the exact price they predicted. For every dollar spent we got back more than $2 back in the selling price. And they got that price in a rising interest rate environment! Donna and Jim are extremely detailed and guide you through ever aspect of the sale. There were no surprises thanks to their guidance. We couldn’t be more pleased with their representation. Thank you Donna and Jim, Jerry and MaryTrustindex verifies that the original source of the review is Google. 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.Trustindex verifies that the original source of the review is Google. WeI had the pleasure of working with Klinge Realty Group to sell our home in Carmel Valley, and I cannot recommend them highly enough! Jim and Donna demonstrated exceptional professionalism, offering expert guidance on market conditions and pricing strategy, which resulted in a quick and successful sale. Communication was prompt and we were well-informed throughout the entire process. For anyone looking for a dedicated and knowledgeable real estate team, look no further! ---Trustindex verifies that the original source of the review is Google. Donna and Jim Klinge of Klinge Realty Group have our highest possible recommendation. From Donna and Jim’s first visit to our house through closing their advice and counsel was candid and honest in all dealings. They kept us fully informed throughout the process. The house sold less than three days after listing with a two-week closing. My wife and I have sold several houses during our lives. This was by far the best experience. Klinge Reality is a premium service realtor. You can’t make a better choice for someone to sell your home fast and for top dollar.Trustindex verifies that the original source of the review is Google. Donna and Jim provided exceptional support and professionalism throughout the entire process. We couldn't have been happier with their efforts. They made our house shine, and thanks to their expertise, it sold above the listing price in the very first weekend! Truly a fantastic experience from start to finish.Trustindex verifies that the original source of the review is Google. This year has been difficult on our family, mainly due to having to sell our home. Thankfully we knew God had a plan for us and working with the Klinge team was a key part of it. It was an obvious decision to work with them again after such an amazing experience when purchasing the same home we needed to sell. The challenge was, how will we do this in so little time with so much going on? Jim and Donna held our hand every step of the way. Whenever an unexpected issue arose they found and provided a solution. Never once did we feel pressured to make a decision and the Klinges were always reassuring after providing the information that the decision was ours to make. Despite the curve balls, they never panicked and exemplified the “can do” attitude, making us feel optimistic and taken care of. Their expertise and professionalism was superb. But of all the reasons to work with the Klinges, the most impactful and valuable is their compassion and genuine care for their clients. We pray that we can one day purchase our forever home and you better believe that Jim and Donna will be representing us - as long as they will have us of course. Thank you again Klinge team! Your execution, experience, and care are unmatched.Trustindex verifies that the original source of the review is Google. Jim and Donna were fantastic! Jim understanding my needs, recommending potential places, pointing out the pros and cons of each property was invaluable. Then when the offer was accepted Donna’s organized guidance through the inspections, paperwork etc made the whole process seem effortless. So grateful that I had them on my side!Trustindex verifies that the original source of the review is Google. We first found Jim through his blog at bubbleinfo.com, which really showcased his knowledge of SoCal real estate. Since then we've done three transactions with Jim and Donna, and they are an incredible full service agency, with Jim's deep market insight and Donna's deft contract and project management. We trust them implicitly in their analysis and strategy, which is based on years of experience. They're always available and on top of things, and we strongly recommend them to anyone.Trustindex verifies that the original source of the review is Google. The Good The Klinge Realty Group operates like a finely tuned machine, with a very personal touch. We contacted them on a Sunday and they were talking to us about our family and our needs on our living room couch the following day. They carefully listened to us and worked with us to identify the best and quickest path to listing within 2 weeks to take advantage of the low inventory conditions in our South Carlsbad neighborhood. They knew our tract specifically and had many previous sales there over the years - they came prepared with a thorough analysis of comparative sales and recommended a pricing strategy that they felt confident would yield offers the first weekend on the market. The Great Over the next two weeks Donna coordinated a range of vendors who she knew from experience could get the preparation to list work we needed done on time and with high quality. Our light tune-up involved excellent experiences with their stagers, landscapers, contractors, electricians, and plumbers. Throughout this period Donna's daily communication was clear, concise, and responsive. Any time we had questions Donna picked up the phone or texted immediately - but almost always, she answered our questions before we even knew we had them. The Outstanding We had a tricky situation with a shared fence that could have delayed our escrow. Donna used superb mediation skills to negotiate the terms of replacement and was personally on site with the fence contractor to make sure everything went smoothly. The fence looks great and escrow closed on time. The Truly Exceptional Our house came on the market on a Wednesday and between then and Monday morning Jim was personally at all three open houses. He was in constant communication explaining potential buyer reaction and strength. As he predicted offers began to come in on Saturday and each one was incrementally higher than the last. At the end we had 5 offers, 4 of which were over list, and the final accepted offer was $100,000 over list. In addition to being over list it included rent back terms that met our needs. The Recommendation For all of these reasons we would strongly recommend The Klinge Team to anyone wanting to sell in North County Coastal San Diego. I had been reading Jim's bubbleinfo.com blog for 15 years and knew when the time came to sell that he would be our first call. Jim Klinge is not your standard realtor. He is keenly aware of market conditions and sales strategies. And, works his tail off - though not as hard as Donna . At this point he's gone from realtor to friend and I plan to have him over to grill and chill at our new place to talk real estate, but also just about life and raising kids in San Diego. He's more interested in relationships than his sales numbers - and that's why his sales numbers are so high. We have already recommended the Klinge's to some close friends and another successful sale is on deck right around the corner...Trustindex verifies that the original source of the review is Google. We recently had the pleasure of working with Jim and Donna from Klinge Realty Group to sell our house, and we couldn't be more satisfied with the experience. From the initial meeting, they listened attentively to our needs and provided invaluable guidance on specific improvements to get our home market ready. Their responsiveness throughout the entire process was truly impressive. Anytime we had questions or concerns, they were quick to address them, ensuring we felt comfortable and informed every step of the way. What stood out the most was their team and extensive network of tradespeople, which made addressing any necessary repairs or updates seamless and stress-free. Thanks to their expertise and dedication, our house sold quickly and at a great price. We highly recommend Jim and Donna to anyone looking to buy or sell a home. They are a fantastic team who truly care about their clients and deliver exceptional results.Load more
Jim, what are your feelings regarding what some people think is the ‘next’ bubble. That is, all the banks are stalling (kicking the can down the road) in hopes the market comes roaring back and the rise in values will erase losses on the reo’s and deliquencies. When (or if) this doesn’t happen, the next round of 1-200 banks fail and the government will be forced to put all the houses on the market at once like the S & L crisis resolution. Isn’t there anybody who sees more houses need to be put on the market now?
The herds mentality is shifting to “Its stupid to pay my underwater mortgage” and this is just beginning. And the herd is HUGE. This is everyone that bought late 2003 to 2007.
I have multiple former perma bull friends/clients that have just started throwing in the towel in SD and are about to get their NODs… living payment free seems like the soup du jour much like frantic buying was back in the bubble buildup.
Read between the lines… the government is doing things that have NEVER been done before… this is not a simple S&L crisis type blip.
Don’t worry though the government has got this all under control and it will come back nicely. These guys are always way ahead of the game.
Glad we reinstated bernanke:
http://www.youtube.com/watch?v=INmqvibv4UU
off topic but I just got back from a tax prep meeting and turns out I will qualify for the 8K tax credit.
I’m pleased but it feels a little dirty, like ‘theft by receiving’ from the American taxpayer.
BTW, I learned there is a caveat with the credit that I wasn’t aware of before. If you sell the house for a profit within 3 years, you have to pay the credit back.
swm, it won’t be a bubble until they ease up lending standards. As long as there are large cash down payment requirements and full doc loan requirements that will keep most hands in the game pretty strong.
If they loosen the lending requirements, that’s the time to head for the exits.
I have a degree in Economics and I can say with complete confidence that what’s going on right now is beyond anything any Economic model can account for. In the past government was looked at as a referee for controlling free markets. This type of a role works well in mathematical theories and hypothesis’s because it’s a constant. But recently that role has changed significantly. Government is actively (and at times irrationally) participating in financial transactions and on a greater and greater scale. Math creates a specific answer. But, if certain variables in the equation doesn’t fall with in a specific variance or bounds the end result is questionable
Economics as a profession is going to get more and more interesting in the very near future.
BTW after college I stopped trying to break into Economics as a career when I saw that most of what I learned in school wasn’t how things worked in the real world.
Something that scares the cr*p out of me is all the Economic people I knew from school that did go onto careers in the field. Are they seeing the same type of disconnects that I see? Or are they in positions of employment where they are forced to use what they learned in school blindly marching on even when walls are crashing around them.
Makes you think.
“BTW, I learned there is a caveat with the credit that I wasn’t aware of before. If you sell the house for a profit within 3 years, you have to pay the credit back”
California dreaming.
the ‘next’ bubble
The local real estate market is surviving on people with ample resources (job/money combo).
How many rich people are there?
Or at least have enough money and guts to comfortably make the biggest investment they’ll make for the rest of their lives?
I don’t think you have to be rich to buy a house, just gutsy enough to go along with The Program:
1. This house will last me the duration.
2. I have quantified my housing expense for the next 30 years, and am comfortable paying it.
3. If it ends up being a good investment someday, then oh happy day.
The Program helps bring homebuying into healthy perspective.
You are going to have housing expense for the next 30 years. Buying a house on a 30-year fixed rate locks in your housing expense, when renting does not. If you like having certainty in your life, then locking in your housing expense for the next 30 years might make you sleep better at night.
If you aren’t comfortable with The Program, then you should wait to buy until you are comfortable.
Under no circumstances do you want to find yourself having to sell your house in the next 3-5 years. I’ll probably be able to re-sell for at least break-even, but the closing costs alone can eat up 20-30% of your investment quickly. 20% down payment – 5% costs = 15% (or 25% loss).
Long-term, or wait.
To answer the question (finally), the more buyers that subscribe to The Program, the less-likely we’ll have another bubble.
Will there be a double-dip? I think it’ll dip every fourth quarter, just enough that it’ll look like a comeback each spring.
I might be willling to take those risks, but there’s nothing to buy out there. It’s one thing to commit financial suicide to hang your hat somewhere, but to have to compromise on the home? Tough pill to swallow. Thank you banks/govt!
anyone know of jobs where you can lock in for the next 30 years?
another problem with The Program is their is another few Programs going on simultaneously.. one of them is called The Speculative Program where folks buy real estate thinking they can make a profit off it.. some folks actually were told this Speculative Program was foolproof until they recognized who the fool was…. signing off from la-la-land…
“I have a degree in Economics and I can say with complete confidence that what’s going on right now is beyond anything any Economic model can account for.”
People saw this coming a mile away. Here’s a Peter Schiff video from November 13, 2006. It has 8 parts, but well worth it. He’s also running for senate, btw.
http://www.youtube.com/watch?v=6G3Qefbt0n4
Bubblenerd,
I wasn’t talking about the past. And I agree the housing bubble was easy to see.
I’m talking about the future. and Predicting how it will unfold.
The future is going to look like Japan;
http://dshort.com/articles/2010/Japan-US-bubbles-and-deflation.html
Government is going to try to spend it’s way out. After about 10 years, we’re going to have nothing to show for all that government debt. And we’re either going to end up defaulting or paying debt with printed money.
I agree that the Japan example is the most likely way our economy will play out in the future. But you have to keep in mind that Japan was able to work it’s way out of a hole. I’m concerned that USA might not be able to do that because we don’t manufacture anything anymore. A “service economy” only works when people have $$$ to spend.