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Question: Dear Guru, how much extra value does an ocean view add to a home? Answer: In Dana Point and other coastal areas, an ocean view obviously enhances value. To what extent? It is very subjective and differs on every home, as each location is unique. A Realtor will input certain fields in the MLS […]

Question: Dear Guru, is now a good time to sell my house? Answer: Probably not. The good news is that home values have soared to record values since thepandemic. This occurred because of historically low mortgage interest rates (2.6%-3%) for a 30-yearfixed and also because of an extreme lack of inventory (listings). Since January, rates

Orange County Register —By Marilyn Kafus Orange County Register October 6, 2013 The buyer of a Newport Beach mansion that recently sold for $27 million didn’t find the 18,000-square-foot property by poring over the Multiple Listing Service. The house was a pocket listing, discreetly marketed by a real estate agent to a select group of

To buy or not to buy? New tax law creates uncertainty for some California homebuyers Orange County Register — Steve Jenner and his wife were planning to buy a home near the house they’re renting in Dana Point, where properties typically sell in the $1.2 million to $1.5 million range. But in December, just as

Phil Immel, the Real Estate Guru® is a guest on the Money 101 Show with Bob McCormick speaking in regards to the 2013 Real Estate Market in Southern California and State Taxes.