Over 4 Decades of Experience
Answering All Your Housing Questions
Phil Immel is a highly accomplished real estate expert with over 40 years of experience. He started his career at a young age and quickly became a top agent in the US. Phil’s firm, Immel Team Luxury Real Estate, was acquired by Sotheby’s International Real Estate. He is known as the “Real Estate Guru” and has appeared on national programs and contributed to prestigious publications. Phil is also involved in philanthropy and serves on the Ocean Institute Board of Directors. He will be hosting “Ask the Guru?” to provide real estate advice on through the “Real Estate Guru” app and his YouTube channel, “RealEstateGuruTV.”
Over 4 Decades of Experience
Answering All Your Housing Questions
Phil Immel is a highly accomplished real estate expert with over 40 years of experience. He started his career at a young age and quickly became a top agent in the US. Phil’s firm, Immel Team Luxury Real Estate, was acquired by Sotheby’s International Real Estate. He is known as the “Real Estate Guru” and has appeared on national programs and contributed to prestigious publications. Phil is also involved in philanthropy and serves on the Ocean Institute Board of Directors. He will be hosting “Ask the Guru?” to provide real estate advice on through the “Real Estate Guru” app and his YouTube channel, “RealEstateGuruTV.”
Ask The Guru®
Phil Immel has been sharing his wealth of knowledge in Real Estate for the past 40+ years. Now is your chance to learn from the best. Phil the “Real Estate Guru” is here to answer all your questions. Feel free to download the last “Real Estate Guru” app for your iOS or Android device as there are great conversations going on daily in the app that you will not find here on the website.
Buying Real Estate
Question: Should I buy a house now or wait?
Answer: The past three years have been like riding the biggest roller coaster at Magic Mountain. Similar to buying a suit, there is no “one size fits all.” Every buyer is unique and has his/her own variables and time frame.
If you are contemplating buying a home in the next year, you should interview three agents who are very experienced through different market cycles and familiar with the area where you want to buy.
Real Estate Investing
Question: What are the risks associated with this investment?
Answer: Real estate markets can be cyclical and subject to fluctuations. Property values can rise or fall due to factors such as economic conditions, interest rates, supply and demand dynamics, and local market conditions. A downturn in the real estate market can lead to decreased property values and potential financial losses. The main factors of risk are: Market Risk, Liquidity Risk, Financing Risk, Economic Riosk, Property-Specific Risks, Regulatory and Legal Risks, and finally Management and Operational Risk.
Housing Market
Question: What is your housing forecast for 2023 in coastal Orange County?
Answer: It seems like every consumer and even real estate professionals have the same questions. The post-pandemic economy is one we’ve never seen. Predicting the future is always fun. My “Guru” crystal ball may be no better than anybody else’s.
With that said, and with four decades on the frontline selling homes and managing multiple real estate offices since 1975 amid several cycles/recessions, this is my prediction: Prime coastal properties in excellent condition and location will not see price declines.
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Feel free to download the latest “Real Estate Guru” app for your iOS or Android device as there are great conversations going on daily in the app that you will not find here on the website.
