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Inventory Watch

Jim Klinge — Mon, 09 Nov 2026 14:38:26 +0000

Here’s our lightweight goldilocks rally – the number of pendings increased by six! For next year, I’m sticking with my guesses of +5% more listings, -5% fewer sales, and flat pricing. This is from ChatGPT: https://chatgpt.com/share/6af1d687-c55c-83e8-9df1-be31fde2144e The $0 – $2,000,000 Market: Date NSDCC Active Listings Avg. LP/sf Avg. DOM # of Pendings Jan 5, 2026 […]

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Key to Homebuying

Jim Klinge — Mon, 09 Nov 2026 02:21:41 +0000

Want to stop looking, and start buying? Here’s a tip.

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Claude’s Case for 2027

Jim Klinge — Sun, 08 Nov 2026 16:21:03 +0000

Claude isn’t as optimistic as I am about the tax exemption getting passed. Medium to low confidence that it passes? Plus he gives greater odds to the downside case? Claude is a doomer! But he confirms my number. Sellers who are waiting for the tax exemption to be doubled are looking to save $165,000 to […]

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LA Hacienda

Jim Klinge — Sun, 08 Nov 2026 02:20:05 +0000

This looks fantastic…until you hear the price is $6,000,000. https://www.zillow.com/homedetails/2840-Seattle-Dr-Los-Angeles-CA-90046/20802847_zpid/

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Carlsbad One-Story

Jim Klinge — Fri, 06 Nov 2026 16:05:25 +0000

This is our new listing of a newer one-story home in Carlsbad! This is the one that I mentioned last week that we priced at $1,750,000, but upon further review of the market conditions, we thought it would be better received at a lower price. 3705 Glen Avenue, Carlsbad 92010 3 br/2.5 ba, 1,998sf YB: […]

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Goldilocks Rally?

Jim Klinge — Thu, 05 Nov 2026 16:18:18 +0000

When mortgage rates went from 6.75% to over 7.5%, the trendline was virtually straight up – and it looked like we were heading for 8% any day. What a nice reversal since! The rates shown above are those with no points paid. It means mortgages in the high-6s are available, and I’ve seen 30-year jumbo […]

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List Price Accuracy Gauge

Jim Klinge — Thu, 05 Nov 2026 16:16:08 +0000

View this post on Instagram A post shared by John Bilek (@bilekjohn) This kind of sounds like my list-price accuracy gauge – here’s a link from 2013: https://www.bubbleinfo.com/2013/02/04/list-price-accuracy-gauge-2/

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A Lot to Drink About

Jim Klinge — Thu, 05 Nov 2026 03:23:33 +0000

Regardless of how you felt about yesterday, this song will fill you up. On a more serious note – the first visit to the White House for Bob:

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More Homes on the Market

Jim Klinge — Wed, 04 Nov 2026 16:56:32 +0000

What does yesterday’s blue wave mean for home sales? The agenda will be focused on ‘affordable’. Near the top of the list will be pasing the More Homes on the Market Act, a piece of legislation that was submitted in January, 2025 and has yet gone to a vote. NAR has made raising the capital […]

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Fewer Pendings

Jim Klinge — Tue, 03 Nov 2026 15:49:57 +0000

Transaction volume in the housing market is currently very low, with both buyers and sellers choosing to sit on the sidelines and wait for better conditions. This week, Mike Simonsen looks at how many market participants are waiting for spring, and why sellers hoping for higher prices may need to re-examine their strategy. Inventory continues […]

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