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.
2017: 207 sales x $563/sf = 122,171
2016: 240 sales x $502/sf = 120,480
2015: 256 sales x $477/sf = 122,112
Hmmm. Maybe nothing.
As of January, HUD raised their offerings to landlords by significant percentages. Enough that we’re thinking hard about what to do next, since there’s a line of qualified HUD folks backing up to the moon. Single renters making less than 50K fully qualify, and that’s a lot of folks. I think you can make more than that, but you get less of a stipend. The last time we had a new HUD renter, she was driving a brand new beemer–and a sports car–and that was quite a while ago. So you can still make some bucks and be fully on HUD, as I understand it.
Anyway, if you have normal renters in a number of units who are paying $4-500 bucks less then what HUD is now offering monthly, and HUD can fill a new vacancy immediately with no fuss… what shall a landlord do? Normally, HUD is out of the question for us, but… wow.
At the same time, we’re in a gentrification corridor. Our rents are going up fast anyway, just not as extreme as HUD solicitations. I figure we’re one irresponsibly discarded piece of avocado toast away from a stampede.