Pumpkin Bread
This is my grandmother’s recipe that Kayla has been touting regularly. If you don’t make it for Thanksgiving, consider it for Christmas – because it is fantastic. (Kathy is my sister)
Pie Day!
A hearty thank you to all our supporters of Mama’s Kitchen! Our 160 pies is a new record for us, and today is delivery day so all of us are coming your way with pies!
This is our fifth year selling Mama’s Pies, which is their biggest fund-raiser.
Mama’s Pies is San Diego’s largest annual bake sale benefiting Mama’s Kitchen. Local bakers, restaurants and caterers donate fresh-baked pies to our organization, which in turn our volunteers sell to their friends, families, and co-workers.
Each pie sold allows Mama’s Kitchen to cook, prepare and deliver 12 meals to homebound individuals vulnerable to malnutrition due to HIV, cancer, heart disease, type 2 diabetes or chronic kidney disease. Together with hundreds of volunteers, businesses, and community supporters, Mama’s Kitchen strives to help our clients stay healthy, preserve their dignity, and keep their families together by providing, medically tailored home-delivered meals and nutrition education – all at no cost.
The pies have sold out, but if you’d like to donate, click here:
https://mamaspies.org/team/klinge-realty-group/
We are extremely grateful for your support – thank you!
Tuna Harbor Park
We are wrapping up the Compass convention downtown – photos I took today:
USS San Diego logged 300,000+ nautical miles around the Pacific Ocean and earned 18 battle stars during WWII
Salute to Bob Hope
Hawks
As the local real estate market continues to defy the expectations of most observers, it’s natural to wonder, ‘who are these buyers?’ Here is one story:
They paid $2,250,000 cash on June 1st, which was $55,000 over the list price. Here is the listing:
https://www.compass.com/app/listing/1833-california-street-oceanside-ca-92054/1288534331496481801
Mama’s Pies!
This is our fifth year of participating with Mama’s Kitchen in their annual fund-raiser, Mama’s Pies!
This is their 19th Annual Thanksgiving Bake Sale, where local bakeries and restaurants donate pies for pickup on Wednesday, November 22. Each pie sold will provide 12 meals to a critically ill San Diegan.
They are literally the best pies I’ve ever had!
Last year they sold out early, so make sure to get your order in before they’re gone!
If you’re interested in participating in Mama’s Pies, here’s everything you need to know!
1. Visit our selling page here.
2. Click “Buy or Donate Pies.”
3. Add your desired pies and holiday feasts to the cart.
4. Under “Select a Seller” section, click “Yes” and choose “Team: Klinge Realty Group.”
5. Choose your desired pick up location OR under Private, choose “KLINGE” to have me deliver it to you. If choosing delivery, we’ll reach out to you for your address.
6. Add in any additional donation amount if you choose to do so.
7. Put in your payment method and click submit!
Thank you in advance for supporting this important work – we couldn’t do it without you!
San Diego Is Most Expensive
San Diego is #1! Hat tip to Mitch for sending this in:
According to the magazine, the Value Index measures how comfortably the average resident of a metro area can afford to live within their means. Specifically, it looks at housing affordability, as well as federal data on the parity between regional prices and national averages.
Home prices were one of the factors that pushed San Diego up on the ranking, given that average prices are considerably higher than the national rate.
In August, the median price for a single-family home came in right at $1 million for the first time in the region’s history — nearly $650,000 more than the national average by some estimates.
U.S. News and World Report also pointed to additional fees that San Diego residents have to pay, such as homeowners association dues or apartment complex maintenance costs, as another factor driving its unaffordability.
However, the magazine said that many residents are willing to pay elevated prices relating to cost-of-living, given other aspects of the region that make it an ideal place to live.
They added that some San Diegans often refer “to the cost-of-living differences as the ‘sunshine tax,’ or price of enjoying a year-round temperate climate.”
Many of the other metro areas that were placed along the top 10 have similar “sunny” reputations with their climate, including cities Los Angeles, Honolulu, Miami and Santa Barbara.
Los Angeles, which came in second place on the ranking, was also given a score of 3.3 for residents’ ability to afford living there. Although, San Diego’s northern neighbor comparatively had lower scores for other metrics used by the magazine to look at “best places to live,” including the overall and quality of life indexes.
A full list of the top 25 “most expensive places to live” in the U.S. can be found here. San Diego is #1.
This ranking comes as inflation rate nationwide remains to a persistent problem for federal officials, but San Diegans seem to have been feeling it even more.
In San Diego, the U.S. Bureau of Labor Statistics estimated that the city exceeded the year-to-year national rate of inflation, which was around 3.7% in September. Over the last 12 months, prices in the San Diego area advanced about 4.7% overall, according to the bureau.
Housing costs have been one of the most pressing issues facing elected officials, with prices skyrocketing for both buyers and renters due to a continued lack of available units to meet the demand in the region.
Hippie Hill Sold
Paying $6.3 million is the biggest boondoggle since the city paid $10 million for the closed Pacific View school.
ENCINITAS, Calif. – City leaders in Encinitas are moving forward in their purchase of about 1.5 acres of land at La Costa Avenue and Highway 101, known to many as “Hippie Hill.”
“We wanted to see this land preserved and protected,” said Encinitas resident Elena Thompson. The purchase of the land is nearly official, with escrow expected to close by the end of September.
“Having the opportunity to acquire this land and keep it from being developed into timeshares, I think the community has very much appreciated the work that we’re doing here,” Mayor Tony Kranz said.
The northern end of Leucadia has seen the construction of a hotel and more development on the way including a nearby apartment complex, so the preservation of this land was paramount for long-time locals.
“Now it’s not going to be developed. That’s great for the city. It’s a small parcel, but every open space is great,” Scott Campbell said.
At Wednesday’s city council meeting, council talked about how they plan to finance the land, purchased for $6 million.
The city plans to use cash reserves for the initial purchase and then use lease revenue bonds to build the reserves back up.
“Some are a little concerned about what effect the roughly $400,000 a year that servicing this debt is going to have on our budget. I think that it’s important enough that we will make it work,” Kranz said.
The public will be asked to weigh in on what they want to see done with the open space at a future city council meeting.
Taste of Encinitas Tonight
Don’t miss the best event in downtown Encinitas!
Treat your taste buds to food and drink samples from 15+ restaurants and enjoy local wine and local craft beer served at 20 Sip Stops hosted by shops and salons. There will be non-alcoholic sip stops throughout town as well! Pause along the way to enjoy live music at several venues.
More Apartments in Carlsbad
The Carlsbad city council approved more apartments to be built at the entry to the downtown village area. Between the three projects mentioned here, there will be a total of 480 apartments….and none for sale! Excerpts:
A four-story building with 156 apartments has been approved for construction on a site occupied by a hotel and three single-family homes on the eastern side of Carlsbad’s downtown Village neighborhood.
The developer, Wermers Companies, built the adjacent Lofts apartments, a four-story, mixed-use building with 106 apartments and ground-floor retail that opened about a year ago at the northwest corner of Carlsbad Village Drive and Interstate 5. The two buildings will share a driveway with access to both Grand Avenue and Carlsbad Village Drive.
The Carlsbad City Council unanimously approved a site map and development plan for the project Tuesday, and council members praised the company for working with the community. No one at the meeting opposed the project, and the city received a number of letters in support of it.
“It looks good,” said Mayor Keith Blackburn, adding that he likes the way the building is set back from Carlsbad Village Drive so that it doesn’t make “a continuous wall” with The Lofts building.
“It doesn’t surprise me that we don’t have anybody here to speak out against the project,” Blackburn said.
The 2.95-acre site consolidates five lots between Carlsbad Village Drive and Grand Avenue, just east of the Hope Avenue alley. The 109-room hotel called the Carlsbad Village Inn and single-family homes on the property will be demolished, but a Carl’s Jr. restaurant there will remain.
The location is directly across Carlsbad Village Drive from the Carlsbad Village Plaza anchored by a Smart & Final grocery, where another San Diego developer has proposed a mixed-use project with 218 apartments and 13,800 square feet of shops and restaurants.
That project will include retail businesses in two single-story buildings facing Carlsbad Village Drive. The apartments, including 22 reserved for very low-income tenants, will be in two five-story buildings behind the shops. The proposal is expected to go to the Carlsbad City Council for approval as soon as July 2024.
San Diego is #1
Homeowners in San Diego are the least likely sellers in the country to lose money if they put their house on the market, according to a new study.
The study, which was conducted by the real estate company Redfin, analyzed real estate data from 50 of the most populous metro areas in the U.S. to get a sense of current market trends.
San Diego had the lowest share of homes sold at a loss — only 1.1%, the study found — over a three-month period that ended in July 2023. Nationwide, the share of homes sold for less money than they were purchased was around 3%.
San Diego is one of the most competitive and expensive real estate markets in the country, according to Redfin, with most homes selling within 12 days of their listing this year.
This year so far, over 5,500 homes have been sold in the San Diego metro area. The average sale for these homes comes in around $901,000 — up 3% from last year — and more than half are sold above asking price.
Jim Klinge
Klinge Realty Group
Broker-Associate, Compass
Are you looking for an experienced agent to help you buy or sell a home?
Contact Jim the Realtor!
- 682 S. Coast Hwy 101, Suite #110
Encinitas, CA 92024 - (858) 997-3801 call or text
- klingerealty@gmail.com
CA DRE #01527365, CA DRE #00873197
