Klinge Realty Group

Check out our newest listing at our open house, 12-2pm today and tomorrow!

1241 White Sands Dr, San Marcos • $1,595,000

Jim & Donna Klinge
DRE 00873197 | 01889890

JUST LISTED: Priced attractively at $1,595,000, this stunning executive home in the exclusive Rancho Dorado/Loma Real community at the top of the hill in San Marcos represents unmatched value for luxury living in North County. With an expansive 3,480 sq. ft. open layout, this residence features 5 bedrooms and 4.5 bathrooms (including a downstairs bedroom suite ideal for guests or multi-generational living), hardwood floors, a three-car garage with storage, and a lush private backyard - wow!

The gourmet chef’s kitchen serves as the heart of the home, complete with white cabinetry, premium granite/Corian countertops, new appliances, and an oversized walk-in pantry. The seamless transition into the vast family room creates a perfect hub for entertaining.

Conveniently located near top-rated San Marcos Unified School District schools (Carrillo Elementary, San Elijo Middle, San Marcos High), beautiful local parks, and just minutes from the coast via Palomar Airport Road. This home is so far west that you will think you’re living in Carlsbad, but for half the price! 

Open house 12-2pm on Saturday and Sunday, October 3rd & 4th - come check it out!

1241 White Sands Drive, San Marcos • 5 bedrooms • 4.5 bathrooms • 3,480 square feet • 15,936 sq ft lot • $1,595,000

Jim & Donna Klinge
DRE 00873197 | 01889890

In 2026, the pricing downdraft started later in the year, and it hasn’t been as pronounced as it was last June and July. Let’s see if that holds up!

I say regularly that pricing has been flat, and nowhere is it more obvious than in the non-seasonally-adjusted Case-Shiller Index.

The YoY change was +1.6%. The change today from July, 2024 was +0.8%

We’re living in Flat City!

Every seller wants to add a little mustard to their list price – resist the temptation!

We watched the Padres game with Bill Murray last night! I got to shake his hand too, but he wasn’t too happy with the 8-0 win for the Padres!

Donna’s sister Elizabeth and her husband Blair joined us. Glad to see Andy Nelson, owner of Willis Allen Real Estate at the game! This is Andrew Nelson 2, 3, & 4! We joke about them coming over to Compass but he is happy being an independent brokerage.

Bubbleinfo TV Padres Win! I did shake Bill's hand.

SOLD: Congrats to our buyers on their recent purchase of this adorable home! We helped our family friends secure this renovated single-story home in the historical neighborhood of Talmadge! It has what many buyers are looking for: open floor plan, recently upgraded, sizable lot, located on a quiet cut-de-sac, new HVAC, garage, and more - all for a great price!

4985 Lucille Dr, San Diego 3 bedrooms 2 bathrooms 1,325 square feet LP: $1,399,888 SP: $1,299,888

Jim & Donna Klinge
DRE 00873197 | 01889890

The number of closed sales this month is up to 121, but it will be the last month of 2026 that will be above 100 sales. There were only 14 new pendings in the last week!

As you can see in the graph, the magenta-colored pendings are taking a dive. At this rate, the number of 4Q26 sales will be about HALF of what they were last year!

Yesterday was a very special day in our family. Thirty years ago, I became a mom for the second time, and Natalie Anne entered our world. 💛

She was easygoing from the beginning, except when it came to going to bed at night. At four months old, her pediatrician told me she was old enough to learn to soothe herself. Apparently, Natalie decided she would figure that out on her own timeline. Fast forward to three years old, and many mornings we would find her asleep on the floor next to the child gate across her bedroom door. Determined? Perhaps. But definitely comfortable doing things her own way.

I’ve always said Natalie dances through life. She meets life where it is, makes things work, and doesn’t waste energy trying to change the order of the world.

She also listens, watches and learns. Last summer on our Grand Canyon river rafting trip, she tried s***t shooting for the first time, took in every word from the instructor, then stepped up and broke all three clay targets. Only three people that day went three-for-three, and Natalie was the only first timer! That moment captured so much of who she is. She pays attention, respects those who know more than she does, learns — and then goes to work.

When COVID shut down the dance world, she started working with us part-time. Six years later, she’s our Director of Marketing and my thought partner. I trust her judgment, her honesty, and her willingness to tell us when she thinks we’re wrong.

But what makes me proudest is the human she is: loving, loyal, nonjudgmental, and just plain fun to be around.

For years, I have said: Dance, Baby Girl, Dance. At 30, I think it’s time for: Live, Baby Girl, Live. ❤️

Happy 30th Birthday, Baby Girl. We love you and are proud to be your parents!

September brought the sharpest shift in the housing market we’ve seen this year, and it started in the bond market. The 10-year Treasury yield pushed above 5.1%, its highest level since 2007. Mortgage rates followed to about 7.25%, the highest in 28 months. The Fed raised rates for the first time in three years, and bond markets now expect more hikes in October and December.

The economy is running hot. Services activity just posted its strongest reading in three years. August added 162,000 jobs, unemployment claims remain near historic lows, and oil is back above $100 a barrel. Inflation moved up again this summer, with CPI at 3.4% and PCE at 3.7%, well above the Fed’s 2% target. Markets have moved from stagflation fears to ‘growthflation.”Stronger growth plus rising prices clearly calls for higher rates.

Housing demand is feeling it. Overall, pending sales over the last four weeks are running 4% below last year. Every high-frequency demand indicator we track (our own pending sales, MBA purchase applications, and Xactus mortgage intent) turned down as rates jumped. The weakness is concentrated at the lower price points. With the S&P 500 up nearly 16% from a year ago, the wealth effect is keeping the luxury segment ahead of 2025.

In the last four weeks, pending sales have come in 4% fewer than the same period in 2025.

On the supply side, inventory is growing again, and we now expect 2–5% gains for the year. Nationally, supply is just 5% below 2019, though conditions vary dramatically from state to state. Prices are holding: home prices are up 1.5% year over year, and median list prices have stayed in a narrow band for four years.

Importantly, this is not a distressed market. Mortgage delinquencies are near 1%, and foreclosures remain very low by historical standards.

San Diego pricing is still positive!

IN ESCROW X2! Richard got his recent Fallbrook listing into escrow and now his client is in escrow to buy their next home. Congrats to Richard and his clients!

3350 Avocado Vista Ln, Fallbrook • 4 beds • 2 baths • 2,610 square feet • LP: $839,000

40042 Calle Real, Murrieta • 3 beds • 2.5 baths • 2,121 square feet • LP: $585,000

Richard Morgan
DRE 01341273