Posted by: admin in Untagged on
Nov 18, 2009
Phil Immel of Prudential California Realty is so well known for his illustrious real estate career he often feels like the mayor...
Such recognition is well deserved. The 54-year old Chicago native is currently Prudential's number-one agent in Orange County, California. He has enjoyed an enviable run, including a 13-year period from 1995 to 2008 that Immel refers to as his 'rocket ride.'
Read
Posted by: admin in investment property on
Nov 02, 2009
Q. Do you have any advice in searching for a rental investment? Areas to target?
-Mary
A. Rental properties, I find, are best when they are in a 10 mile radius of your home. You need to do the math. Do a rent survey and compare that to the payments fully loaded. Single family homes should always outperform condos or units. Check all numbers with your CPA.
Phil Immel is a Real Estate Broker for
Posted by: admin in home valuation on
Nov 02, 2009
Q. I would like to have a Murphy full bed installed in my son's room. Will this increase or decrease the value of the home? The room is a 10×12. I am trying to give him more space for entertaining but I do not want to decrease the value of my home.
-Alma
A. A Murphy bed is an excellent idea with the space you have to work with. It will not increase or decrease the value of the home in my opinion.
Posted by: admin in real estate trends on
Oct 31, 2009
It's the time of year when forecasters - both inside and outside of the real estate business - look into boiling cauldrons of economic data and speculate what they think next year may look like for hosuing, office towers, apartments, etc.
So far, the outlooks we've seen have a common theme: A modest continuation of the mild housing recovery we've witnessed in recent months (click on UCLA forecast
Posted by: admin in myblog on
Sep 08, 2009
Have Housing Prices Bottomed? Not so fast!
As summer comes to a close, the headlines read " Housing Bottoming Out."
I disagree. First, seasonality will fade quickly into the darkness of winter. Two, the expensive coastal markets of both coast is about to get hit with a Katrina type of financial storm.
Remember the sub-prime was the start of this economic chaos nearly 3 years ago?
Posted by: admin in real estate trends on
Aug 17, 2009
Are luxury home market values collapsing?
Sellers are waiting longer for buyers and getting less than they hoped.
With the coastal Orange County luxury housing market seeing hefty price reductions and closed sales considerably lower than the original asking price, it seems as though the collapse of home values has finally hit the multimillion dollar home market.
A total of 291 homes priced at $1
Posted by: admin in real estate trends on
Jun 10, 2009
Real Estate Guru Phil Immel, who deals mainly with luxury real estate in Dana Point, weighs in on the St. Regis luxury resort being reportedly near foreclosure as St. Regis owners and lenders face big losses!
His two cents on what the owner should do, how the banks will deal and who might be stuck with the bill:
- "Like many hotels, they are overleveraged relative to reduced revenue due to the
Posted by: admin in real estate trends on
May 31, 2009
A report recapping market activity in South County beach cities the 30 days before April 23 showed that San Clemente closed the most home sales, with 48 sold and 135 homes into escrow (pending). Dana Point had 31 closed sales and 73 pending sales. Laguna Beach saw only six closed sales and 51 pending sales.
NOW
A report recapping market activity the 30 days before May 23 showed that closed sales
Posted by: admin in immel team on
May 05, 2009
In a year when home buyers and sellers demanded seasoned expertise and calm assurance, Phil Immel's exceptional real estate skills were more highly valued than ever. The respected agent, who's earned the name "The Real Estate Guru," was once again honored as Prudential California Realty Top Producer for Orange County.
Immel has been named the #1 Agent for eleven of the past twelve years. Since
