We have known Jim & Donna Klinge for over a dozen years, having met them in Carlsbad where our children went to the same school. As long time North County residents, it was a no- brainer for us to have the Klinges be our eyes and ears for San Diego real estate in general and North County in particular. As my military career caused our family to move all over the country and overseas to Asia, Europe and the Pacific, we trusted Jim and Donna to help keep our house in Carlsbad rented with reliable and respectful tenants for over 10 years.
Naturally, when the time came to sell our beloved Carlsbad home to pursue a rural lifestyle in retirement out of California, we could think of no better team to represent us than Jim and Donna. They immediately went to work to update our house built in 2004 to current-day standards and trends — in 2 short months they transformed it into a literal modern-day masterpiece. We trusted their judgement implicitly and followed 100% of their recommended changes. When our house finally came on the market, there was a blizzard of serious interest, we had multiple offers by the third day and it sold in just 5 days after a frenzied bidding war for 20% above our asking price! The investment we made in upgrades recommended by Jim and Donna yielded a 4-fold return, in the process setting a new high water mark for a house sold in our community.
In our view, there are no better real estate professionals in all of San Diego than Jim and Donna Klinge. Buying or selling, you must run and beg Jim and Donna Klinge to represent you! Our family will never forget Jim, Donna, and their whole team at Compass — we are forever grateful to them.
Consider Lake Arrowhead. While it used to be referred to as “Switzerland of the West,” Lake Arrowhead may be So. Cal boomer’s “Oregon for People Who Don’t Want to Move to Fricking Oregon.”
Talk about pent-up demand for housing: 40% of young adults (ages 18-34) were living with their parents in 2015, which is a 75 year high. “The number of adults under age 30 has increased by 5 million over the last decade, but the number of households for that age group grew by just 200,000 over the same period, according to the Harvard Joint Center for Housing Studies.” Housing starts have basically kept pace with household formation, but are unprepared if these people suddenly decide to move out. Where are they going to find the inventory to buy, even if they wanted to?
Sure enough, at the other end of the aging process, housing is not adequate for the increasingly old Boomer population. The baby boom generation over the age of 65 will grow to 79 million, from 48 million, in the next 20 years. An aging population will mean increased demand for affordable, accessible housing over the next two decades that isn’t available in the current market.
Except that once retired one need not live in the same town or even state as when working. You see this perhaps more on the east coast with folks moving to Florida from the NorthEast than on the west coast. But you do see moves from Ca to Nv and UT for example.
The best kept secret in Cali is in No Cal for boomers. Its called Rossmoor and is a vibrant resort type area located in Walnut Creek. Close to San Francisco, Sausalito, Carmel, Lake Tahoe and wine country!! Are you kiddin me?? or can check it out at Rossmoor.com or my company website at rossmoorrealty.com. I happen to live there so my opinion is slightly biased. Sorry for the commercial JTR.