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Jim the Realtor
Move to Arkansas
Get in on the next boom - move to Arkansas! [button...
1980s Real Estate
My good friend Kerri Klein called to alert me to this book, which was written by a local realtor who worked at Jelley & Co. in Del Mar. The names are changed to protect the guilty, but it's easy to figure them out. I'm only 75 pages into it, but it is great...
Second Half Sales, 2023 vs 2024
*not done yet! In spite of the most controversial election in the history of America - one that could have been much more distracting - the NSDCC sales in the second half of 2024 were phenomenal. The number of second-half sales rose 13% year-over-year, and the median...
Golf Deal
Do buyers need to wait until 2025, or are there some deals to be had now? I have some unfinished business left in La Costa that buyers in search of a project should consider. It's a home that needs major updating to become a modern custom golf estate, but we have it...
Price Declines?
Oh geez, did Jim say something about prices going down? Yes, and isn't it inevitable in areas where there is more supply than demand? Sure, we can always reflect on Rancho Santa Fe where having your home languish on the market every year is a rite of passage. Somebody...
Merry Christmas!
View this post on Instagram A post shared by Klinge Realty Group @ Compass (@klingerealtygroup)
Transitioning to Buyer’s Market
If there is a surge of inventory in early 2025, what will happen? Here are the choices: Frenzy - With rates stubbornly high, the best case is a mini-frenzy where buyers engage in bidding wars for only the top-quality listings. Some of the insanity bleeds over to the...
Inventory Watch
Last week there were 386 NSDCC active listings, and today there are 343 - a difference of 57. Impressively, there were 25 listings that were marked as 'pending' in the last week! But it also means that a load of the unsuccessful sellers of 2024 will be back early next...
The Inventory Surge of 2025
Kayla is in town so we were trying to do the more-professional looking videos, which for me means doing a more-formal introduction of myself for those new to our Instagram channel. On the same day, Robert Reffkin appeared on CNBC and said that research shows that...