Blog Archives
Latest Posts from the Top 6 Categories
Jim’s Take on the Market
Big & Beautiful
Everything went our way - except the higher mortgage rates. The House of Representatives early this morning passed the One Big Beautiful Bill Act that delivers significant wins for the real estate sector, reinforcing tax provisions long championed by the National...
NSDCC May Sales vs 2024
Between the tariff calamity that is still a long way from being resolved and Jamie Dimon calling the markets complacent, you would think that The Big Wait would come naturally and home sales would be slowing considerably. In addition, most homes for sale aren't...
Cost of Convenience
Part of this story is how the buyer-agent compensation played a role in the outcome. It is a sore subject that I detest - the agents should not be a party to the transaction, but because of the botched lawsuit by NAR, the commission rate not only varies, but the...
From #1 to Flat City
Do you remember that stretch in 2023 when the San Diego-Chula Vista-Carlsbad metro area had the best appreciation in the country? It wasn't that long ago! Look how it's changed since: Widespread housing market softening49 of the nation's 50 largest metro area...
Real Estate Downturn?
Hey Jim - you've been around. Tell us stories about previous downturns! You don't see them coming because they usually arrive without notice, and they tend to sneak up on you! After a few weeks of nothing, everyone starts to realize that the buyers have dried up. But...
Inventory Watch
It looks like the tariff distractions might be behind us? The number of pendings increased for the second week in a row, and the number of active listings actually declined! It might just be a break for Mother's Day though, and there should be a steady increase of...
Happy Pope Day
It's been well-documented here what a lucky guy I am, and here's another. In 2016, Natalie was studying abroad in Florence, and we went to visit. Kayla had done her study abroad in Rome five years earlier, but we didn't visit then. So we started our tour in Rome so...
Today’s Home Sellers
According to Opendoor’s new First-Time Home Seller Report, the COVID-era buying spree is not only over, it is biting back. The low-interest rate buying frenzy in 2020 and newfound flexibility with remote work led to a wave of regret - 79% of first-time home sellers...
The Squeeze
https://youtube.com/shorts/0b3eDa1foe0?si=0kFSgkj34rHobI6J It's easy for sellers to miss these days! Just because you have comps doesn't mean you're going to sell. Adjust on the fly!
Jim’s 2025 Track Record
There is a lot of hubbub about the 'market' being sluggish and I've documented how the inventory of unsold homes keeps rising. Especially on the higher-end. But let's focus on what has been working, shall we? Above is the list of our listings that have closed escrow...
BubbleInfo TV
YouTube History
Like most empty-nesters, I spend a little more time on the internet. Last night, I dug up my history on YouTube, which started almost 20 years ago! Having over 2 million views is incredible, and I appreciate the recent resurgence. But I only dream about getting the...
Cost of Convenience
Part of this story is how the buyer-agent compensation played a role in the outcome. It is a sore subject that I detest - the agents should not be a party to the transaction, but because of the botched lawsuit by NAR, the commission rate not only varies, but the...
Coastal-Home Touring
Here's a look at three new listings that were on broker preview today:
Oceanside Harbor
There is nothing like Oceanside Harbor between Dana Point and Mission Beach!
Party Pad With View
Our new listing! 1200 N. Harbor Drive #1B 1 br/1.5 ba, 1,364sf YB: 1976 HOA = $865/mo. LP = $1,299,000 Looking for a full-blown party pad in the middle of all the action? Check out our new listing at 1200 N. Harbor in Oceanside! An ideal vacation home! I hate to...
The Waiting Game
It's a bit sluggish around town and it will probably stay that way for the foreseeable future - and likely for years to come. Prices and rates are high, and the inventory keeps growing, which gives buyers hope that either the perfect house will come along and/or...
Home Seller Tip, 2025
The market is 'slowing' and pretty soon we will all just be standing around wondering what happened. The underlying reason is that the new rules discourage agents from wanting to work with buyers. I just had one where my buyers offered $175,000 over the list price....
Our New Listing in PV
Check out our new listing! 2302 Birdie St., Oceanside 4 br/2.5 ba, 1,944sf YB: 1989 No HOA LP = $1,200,000 Wouldn't you love to find a renovated home on a big lot that is move-in ready? Here you go! Upgraded this year with new flooring & paint, windows,...
Missing
Boomer Special
A tour of our new listing! The new wood flooring was installed this week! Only $1,299,000
Market Conditions
Sellers Go First
Usually Donna writes the introduction to our newsletter, but I took a stab at it today: Hi, Jim here! I've been asked to describe the current market conditions as we enter summer. Our local market is defying the usual labels. If it were a pure buyer's market, then...
The Twittersphere
It doesn't matter if these apply to your market or if there is any truth to them. People are reading these on twitter, and it's natural for buyers and sellers to wait. Buyers: Don't buy the wrong house. Stay engaged and see if you get lucky!
Full Blown Glutty
Bill's charts give us a good feel for the San Diego market. Sales are doing great - April sales were better than last year: The new listings are in check too. About the same as last April: But here's the problem. The supply is overwhelming the demand: The number of...
Tariffs Behind Us?
The tariff talk is settling down, the stock market looks fully recovered, we got a new pope, and the President is getting a new airplane. Can we get back to selling homes now? Usually we consider a 'healthy' market to have a ratio of 2:1 actives-to-pendings. Above is...
NSDCC Monthly Listings
With the unsold listings piling up everywhere, I went to check the stale factor (above) and was surprised to see that the ratio of the active listings on the market for 15+ days was actually lower than it was previously. It must mean that there has been a flurry of...
Today’s Home Sellers
According to Opendoor’s new First-Time Home Seller Report, the COVID-era buying spree is not only over, it is biting back. The low-interest rate buying frenzy in 2020 and newfound flexibility with remote work led to a wave of regret - 79% of first-time home sellers...
The April Pause
After three weeks of uncertainty, buyers emerged at the end of April: https://www.compass.com/listing/4949-san-jacinto-circle-west-fallbrook-ca-92028/1801067495862896353/
“Tariff Concerns Ease”
Can we find some positivity in today's market? Are we about to turn the corner? There is enough doom out there that even our head cheerleader is grumpy. But there are reasons to be hopeful. The tariff talk seems to be settling down, and Trump should start making...
Tariffs and Real Estate
The world was rocked by tariff talk on April 2nd. The number of actives and pendings were already fighting to stay in line with last year, but look at the changes that began in April. Has the selling season ended prematurely, and it will feel like the off-season for...
The Waiting Game
It's a bit sluggish around town and it will probably stay that way for the foreseeable future - and likely for years to come. Prices and rates are high, and the inventory keeps growing, which gives buyers hope that either the perfect house will come along and/or...
Thinking of Buying?
Sellers Go First
Usually Donna writes the introduction to our newsletter, but I took a stab at it today: Hi, Jim here! I've been asked to describe the current market conditions as we enter summer. Our local market is defying the usual labels. If it were a pure buyer's market, then...
Buyer Testimonial
I'm reluctant because these can be taken as bragging, plus there are the trolls - one of which left the first comment on YouTube (since deleted) that "testimonials = desperation". But this video should help viewers get a feel for what it's like to work with us. I'm...
Sellers: “Full Price or Higher”
They're not going to give it away! Amid growing economic uncertainty, recession fears, and continuing tariff turmoil, there's a glimmer of hope among homeowners who say that they are still feeling very optimistic about getting top dollar for their properties—with many...
Buyer Tip When Making An Offer
View this post on Instagram A post shared by Glennda Baker Atlanta (@glenndabaker)
Real Estate Mistakes
Mistakes when buying or selling a home can be very costly - Get Good Help! https://www.opendoor.com/articles/homeseller-report
What Jim Does
Flood Talk
It never occurs to the experts that higher prices have something to do with the locked-in effect, and that home sellers have to move to where it's much cheaper to make it worth moving. For those who pay cash for their next home, having a 3% mortgage didn't keep them...
Money Will Fix This
This should be a piece of cake! We had five offers to purchase this 1979 custom home, but because it is hard to look at, buyers expect a BIG discount. Here I review a simple plan to bring it into this era. The comp that just closed this week for $2,895,000 is a...
Home Buyer Tips
What can home buyers do to simplify their search? Being realistic is a great place to start. Virtually every realtor promises to find you a 'dream home', and it's easy to believe that there must be a perfect home out there, no matter the price range. The perfect homes...
Attractive Pricing Is Key
Why should home buyers be optimistic about 2025? It's because sales have bottomed (hopefully): San Diego County Annual Sales of Detached-Homes: 2003: 28,251 (high point) 2021: 25,252 2022: 18,378 2023: 14,003 2024: 14,837 It's still going to be a challenge though....
Thinking of Selling?
Sellers Go First
Usually Donna writes the introduction to our newsletter, but I took a stab at it today: Hi, Jim here! I've been asked to describe the current market conditions as we enter summer. Our local market is defying the usual labels. If it were a pure buyer's market, then...
Donna’s Advice for Sellers
View this post on Instagram A post shared by Klinge Realty Group @ Compass (@klingerealtygroup)
NSDCC Monthly Listings
With the unsold listings piling up everywhere, I went to check the stale factor (above) and was surprised to see that the ratio of the active listings on the market for 15+ days was actually lower than it was previously. It must mean that there has been a flurry of...
Today’s Home Sellers
According to Opendoor’s new First-Time Home Seller Report, the COVID-era buying spree is not only over, it is biting back. The low-interest rate buying frenzy in 2020 and newfound flexibility with remote work led to a wave of regret - 79% of first-time home sellers...
More Seller Tips
View this post on Instagram A post shared by Klinge Realty Group @ Compass (@klingerealtygroup)
Sellers: “Full Price or Higher”
They're not going to give it away! Amid growing economic uncertainty, recession fears, and continuing tariff turmoil, there's a glimmer of hope among homeowners who say that they are still feeling very optimistic about getting top dollar for their properties—with many...
Real Estate Mistakes
Mistakes when buying or selling a home can be very costly - Get Good Help! https://www.opendoor.com/articles/homeseller-report
It’s Go Time!
Call or text Jim the Realtor today! 858-997-3801
List-Price Accuracy Gauge
It's never been so important for home sellers to be bold and decisive when selling their house. Buyers are waiting patiently for new listings, and they will immediately jump at anything that looks great and is priced attractively - take advantage! There have been 155...
What Jim Does
North County Coastal
La Costa View One-Story
I have curated this group of NSDCC one-story listings for several years now. If you want to subscribe to this feed, either send me your email or you can set up an account at compass.com. I mention it today because I think Julie's listing on Fosca (second listing) has...
Tariffs Behind Us?
The tariff talk is settling down, the stock market looks fully recovered, we got a new pope, and the President is getting a new airplane. Can we get back to selling homes now? Usually we consider a 'healthy' market to have a ratio of 2:1 actives-to-pendings. Above is...
NSDCC 2025 First Third
Let's compare the year-to-date action to last year! The sub-markets in green are holding up nicely. The additional listings coming to market are being absorbed, and the current number of active listings are around 4 months' worth or less. Rancho Santa Fe is a good...
NSDCC Monthly Sales
Today, let's judge our market purely by the number of sales. Sales are the precursor of where the market is going. NSDCC Monthly Sales, Jan 1 - Apr 30 2024: 570 2025: 578 There have been 166 closings this month so far, and with one day to go plus the late-reporters,...
NSDCC Sales & Pricing YoY
The NSDCC sales and pricing looks a lot like it did last year, which is the definition of Flat City. It gives us some assurance that the market is steady, at least in the rear-view mirror. But let's break it down into the individual areas to see if there are any...
NSDCC Below & Above $3,000,000
A reader asked to split the market at $3,000,000 and take a look around. They made a good point. All that matters is what's happening in your neighborhood of interest. Analyzing larger samples can only give us suspicious facts. I keep saying how another 15% to 20%...
Frenzy Monitor
Frenzy may not sound applicable these days.....but look at La Jolla getting off to a hot start and leading the pack with 38 pendings, just like last year! The 92067 is angling towards their pre-covid standard with a 9:1 ratio of actives-to-pendings. Our normal gauge...
Stale Factor
I think most agents would agree that once their new listing has been on the open market - and unsold - for two weeks, the action dies down considerably. Then the showings, if any, become vague and laborious because all of the motivated buyers have already seen it and...
List-Price Accuracy Gauge
It's never been so important for home sellers to be bold and decisive when selling their house. Buyers are waiting patiently for new listings, and they will immediately jump at anything that looks great and is priced attractively - take advantage! There have been 155...
NSDCC Sales, First Two Months
I think we can say that 2025 is looking a lot like 2024 so far! We have 15% to 25% more active listings now, but buyers are picking out the creampuffs and ignoring the rest. The pile of unsolds should be growing every month, but maybe buyers just forget about them...
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Get In Touch
You can call, text, or email us to see how we can help. We're happy to discuss your situation and offer our assistance.
Jim Klinge @Compass
682 South Coast Highway 101, Suite 110
Encinitas, CA 92024
(858) 997-3801 call or text
klingerealty@gmail.com
CA DRE #01527365, CA DRE #00873197