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2021 Moving Survey Results 2

There was additional distribution of my moving survey after the previous report last week.

Of the 2,872 visitors who have looked at the survey, 130 (or about 5%), at least answered a question, which is typical.  Here are the final results:

Q1. I liked that 28% of the respondents live outside of San Diego County. Thanks for playing!

Q2. Most people aren’t planning to move (70.34%). But of those who are planning to move, MORE THAN ONE-THIRD ARE LEAVING CALIFORNIA!

Q4. The traditional April-Sept time frame was preferred by 60% of those planning to move. But 23% of those who are moving next year will jump right on it in the first quarter.

Q5. The pandemic didn’t cause 92% to move, mostly because Covid-19 is temporary, and moving is permanent. People might think about moving because of Covid-19, but the pandemic won’t drive the truck up to the house.

Q6. The answer of ‘Getting My Price’ bumped up nicely from its last-place finish previously.  Going Through My Stuff is still a big concern, but Finding Next Home is #1, and rightfully so.

Here are some of the anonymous comments left – thank you for the warm thoughts!

Jim, so sorry I’m late to the survey. I appreciated the results you’ve already shared. I own two properties in OC, (reside in one, rent one) and have been a home owner for 15+ years. I have read your blog for 10+ years, but only check it weekly, rather than daily. I enjoy your video tours, thoughts on home layout and thoughts on how to help increase the value of one’s home. I like learning about the SD area and market through your blog. FYI, the biggest thing keeping my family in CA is our three school-aged children and an older parent who is nearby and will eventually need help. It’s hard to uproot. My own parents, lifelong Californians, retired and left for Arizona two years ago and are very happy. Last year, my husband’s job offered to relocated us to Utah. We seriously considered leaving, but eventually declined and he found another job internally at the same company so that we could stay where we are. When we thought of the pros and cons, we would very much miss the CA weather and strong ties to our community. We are thankful to live in a proudly red city in OC. We are not happy with the direction CA as a state is headed, but will stay for the sake of our kids and the sunshine. Thanks for your blog. I enjoy your expertise and also your levity!

People may be moving because of covid but what I have found more of is people wanting to move because they are trying to get away from far left liberal policies in Cali.

We love Jim & Donna who helped us buy our first home together.

Jim Klinge is an awesome realtor. We love his videos and he’s spot on when looking at local real estate trends. Jim is great to work with and we have already recommended him to our friends.

Best lock pick ever.

You and Donna are the best. Stay healthy so if we decide to sell decades from now we can depend on you!

Bubbleinfo.com, The First 15 Years

Bubbleinfo.com has been in existence for 15 years!  The peak audience here was at the bottom of the market (~11k), but having 5.6k users over the last 28 days is fantastic – thanks for being here!

Over the last 15 years:

Total number of Blog Posts: 9,820 (plus a few hundred more on the previous Squarespace format)

Blog comments: 64,524 (of which 6,587 were mine)

Twitter: 11,200 tweets

Instagram: 482 posts, 1,087 followers (Natalie is running it)

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The big news this week is that Kayla is going solo!

You’re never going to be comfortable and ready to go on your own, so at some point, every agent has to take the plunge.  She is going to keep working at Douglas Elliman in their midtown Manhattan office, and she has pledged to have her new blog up and running by October 1st!

Max Appreciation

We are hitting peak performance when the median sales price is going up around 2% per month.  With the wicked combination of low inventory and rates, it could continue – and after a year we could be up +24%!

It reminds me of my first blog post from 2005, which was the last time these types of conditions were in play.  Our 15th anniversary is next week!  Hat tip Susie!

20-25% appreciation per year – how can that happen?

Building A Loft/Bedroom

Adding a loft/bedroom over a tall ceiling isn’t a big deal – it’s nothing money won’t fix!

This was the day I got into Bloomberg Businessweek:

https://www.bloomberg.com/news/articles/2013-04-04/the-hunter-s-dot-thompson-of-real-estate-chronicles-the-bust-and-boom

Here’s the photo shoot:

https://www.damoncasarez.com/jim-the-realtor

A summary of my life in the 2008-2013 bust-boom:

Carlsbad Business-Loan Program

Let’s also survive the effects of the corona!

We (Klinge Realty Group) have been fortunate to stay in full operation and be very productive this year, so we haven’t had layoffs or cutbacks.  In fact, our team has grown – daughter Natalie is now on board!

But for those businesses that need assistance, the City of Carlsbad might be able to help:

The City Council approved $4.4 million for business loans as a part of the Economic Recovery and Revitalization Initiative focused on recovery from the COVID-19 health emergency.

Microloans will be made available for businesses with gross revenue of $2 million or less and 15 employees or fewer with loan amounts ranging from $5,000 to $10,000. Repayment rates are outlined below:

      • 0% interest if paid back within 6 months
      • 1% interest if paid back within 12 months
      • 2% interest if paid back within 18 months

Small business recovery loans will be made available for businesses with gross revenue of $3 million or less and 50 or fewer employees with loan amounts ranging from $10,000 to $25,000. Repayment rates are outlined below:

      • 2% interest if paid back within 12 months
      • 3% interest if paid back within 30 months

All applicants must hold a valid business license with the City of Carlsbad as of March 1, 2020 and be in good standing with the city.

To begin the first step in the application process, please go to http://carlsbadca.gov/loan. We will review your information and respond within five business days with a determination on whether you can proceed with the application process. 

In preparation for the next step in the application process you may want to gather documentation regarding the length of time your business has been in operation, the financial impact that the COVID-19 health emergency has had on your business, at least six-months of bank statements, and your plan for using the funds if awarded

The city will hold a webinar on June 3 at 3:00pm to answer questions regarding the loan program. Please click here to register.

The City of San Diego has closed their loan window already, but they have the list of federal, state, and local financial resources available for businesses here:

https://www.sandiego.gov/economic-development/resources/relief

Questions About Today’s Market

Our daughter Natalie is part of our team now as marketing director (in between her dance gigs). We got started yesterday with a few short answers (less than a minute each) to three basic questions about today’s market that she will be using individually on social media – here they are as a group:

If you have questions you’d like me to entertain, leave them in the comment section or email them to jim.klinge@compass.com!

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