Irvine, CA Real Estate News

By Max Kim
(MetroPointe Group LLC.)
Hello everyone. I thought that I would start off my first blog talking about my grand opening of my new office here in Irvine California. I am a franchise owner of the Avalar network. My brokerage is called SoCal Avalar Real Estate. Here is a picture of the Ribbon Cutting Ceremony held by the City of Irvine on February 22nd.   That's me in the middle with the big smile!!!We had the Councilmember from the city to welcome us in and it was so much fun. Afterwards, we went inside where we had a Jazz Band that was playing some really good music for us. The Jazz Band is actually part of the Academy Awards Band!!!. We had beautiful decor and food to go along with the perfect night. We had about 150 realtors come and join the festivities. The agents that came were from local real estate office ...
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By Mike Pahua, Orange County Short Sale Realtor
(Orange County Real Estate)
IRVINE FORECLOSURES AND IRVINE SHORT SALES Irvine currently has approximately 150 homes in some stage of foreclosure.  The state of foreclosure ranges from an NOD (notice of default) when the owner is behind on the loan payments all the way to the final stage know as the "notice of trustee's sale" when the lender is calling for the sale of the home. A portion of these homes in the foreclosure stage are offered for sale.  These are know as short sales.  A short sale happens when the home is offered for sale for an asking price less than the total liens on the home.  If you are interested in the possibility of purchasing one of the Irvine Short Sales that's currently on the market you should contact The Pahua Group at (949) 309-2400.  We specialize in buyer representation of Irvine Forecl...
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By Mike Pahua, Orange County Short Sale Realtor
(Orange County Real Estate)
NOT ONE OF THESE IRVINE SHORT SALES OR IRVINE FORECLOSURES YOU NORMALLY SEE!CONTACT MIKE WITH THE PAHUA GROUP AT 949-309-2400 EXT 708  Builder Tract Patio Homes (OT) (PH)Bed 3Model Plan 4 (D)Baths 2Style MediterraneanStories Two LevelsFloor View Park or Green Belt ViewHOA Dues $ 169 +  $ 11 ASqFt 1,524 Assessor  YrBlt 1977   AssessorLand FeeALotSize 3,135 Assessor Dim 42x60Acres 0.07Prkng Direct Garage Access, Garage AttachedLOWEST PRICED 3 Bedroom detached house in Irvine. NOT a short sale. Just a motivated seller moving out of the area. Gated entry and private yard. High vaulted ceilings, cozy fireplace, main floor bedroom and a private, master suite upstairs with a newly remodeled bath including a steam shower. Nice kitchen with breakfast bar opens to a formal dining room or family r...
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By Sandra Carlisle (Ayers), Real Estate Marketing & Sales
(Berkshire Hathaway California Properties)
What is the market doing in Irvine, California?   What has been going on over the the past six months?  Is the credit crunch affecting individuals buying homes? Here is the average SOLD price per square foot in Irvine for the past 6 months... 08/2007     $424 09/2007     $439 10/2007     $401 11/2007     $420 12.2007     $392 01/2008     $424 So far, for February, the average price per square foot is $391.  Between 2007 and 2008 the average price per square foot in Irvine decreased approximately 3%. There is still plenty of money available for purchasing a home.  Before you decide to start shopping in Irvine there are several things going on in the mortgage market that you should be aware of.  To find out how these changes  affect you, you should speak to a qualified lender.  The lender...
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By Michael A. Caruso
(Surterre Properties)
     INVESTOR ALERT!!!    INVESTOR ALERT!!!    INVESTOR ALERT!!!    INVESTOR ALERT!!!    This property is being sold with a lease in place paid for by Insurance Company. Southern Calif. fire victim is the tenant & their home is currrently being re-built. Purchase is subject to existing lease...but lease can help pay your mortgage until you are ready to move in. And the market could swing favorably in your direction during this time as most Marquee condos list and sell far above this price. Popular floor plan rests high up the Tower on the 13th floor with very large patio balcony. Cherry hardwood floors, and verde granite kitchen with stainless GE appliances and breakfast counter. Den could be a very comfortable office. Generous baths w/marble & stone. Numerous community facilities inclu...
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By Bill Exeter, 1031 Tax-Deferred Exchange Expert
(Exeter 1031 Exchange Services, LLC)
1031 Exchange SeminarSee all of our 1031 exchange seminar programs. Basic to Intermediate Level 1031 Exchange SeminarThis is a basic to intermediate level workshop on forward, reverse and improvement (build-to-suit or construction) tax-deferred, like-kind exchange transactions pursuant to Section 1031 of the Internal Revenue Code and Section 1.1031 of the Treasury Regulations.Educational Workshop Content The educational workshop will begin with an introduction to various tax-deferral and tax-exclusion strategies, including combining Section 1031 with Section 121.  The discussions will focus on the requirements, structures, processes, strategies, and compliance issues necessary to successfully complete a tax-deferred, like-kind exchange transaction.  We will finish with an explanation of...
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By Suzanne Davis
(Exeter 1031 Exchange Services, LLC)
When:  Wednesday, December 12, 2007Where: Irvine, CAThis seminar is for anyone that is interested in learning more about the structures and requirements of a 1031 Tax-Deferred Exchange.  We will cover 2-hours of strictly education information with no "sales presssure" and we offer CE (Continuing Education) credit to attorneys, realtors, and CPAs, as applicable.  If you are a private investor and want to know more about your options, then this seminar is for you also!Please click on the link below for the complete seminar details:  http://www.exeterco.com/1031_Exchange_Seminar_Irvine_Orange_County_2.aspxWe also have free educational seminars in other cities.  Please see the link below for more information: http://www.exeter1031.com/Seminars.aspxPlease don't hesitate to contact me should ...
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By James Hoppe, CEO / Broker / MBA / Architect / REALTOR
(PreviewOC Real Estate)
Coldwell Banker View Magazine - August 21, 2007  For years, high-rises have been the "pied a terre" living choice of the affluent around the globe, and the current feeling of real estate investors and developers is that Orange County should reflect that trend. A tremendous surge of high-rise living in Orange County communities has emerged and from the looks of it, there is no slowing down. Coldwell Banker Residential Brokerage Irvine office top agent James Hoppe, who is also a licensed California architect, has worked directly with other architects and engineers who are pioneering this new Orange County high-rise lifestyle. He believes that this trend won't be short lived. John F. Kennedy once said, "Change is the law of life. And those who look only to the past or present are certain t...
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Home Inventory Irvine, CA - Here is the most Up To Date Market Trends for Irvine. Each week we take a snapshot of the market. This Altos Research Real-time Market Profile(TM) is the most up-to date market information available. The Profile shows you not only pricing and market numbers, but also trends in those numbers. THIS WEEKThe median single family home price in IRVINE this week is $969000.Inventory has been tightening and days-on-market increasing recently. The Market Action Index has been basically flat, notproviding strong indication for market conditions.PRICEThe market appears to be hovering around this plateau. This week prices eased down a bit. The Market Action Index is a good leading indicator for the durability of this shift.SUPPLY AND DEMANDLocal conditions are currently ...
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By Hayden Gerson
(HPM Financial LLC)
In the last year over 100 mortgage lenders have gone out of business due to the "mortgage meltdown" as most of you might now it is getting much more difficult to qualify for mortgages in Irvine. The reason it is difficult to qualify for your Irvine mortgage is because guidelines have changed drastically. Even reverse mortgages in Irvine are getting harder to qualify for, leaving many looking for a honest mortgage company in Irvine.Since many mortgage brokers in Irvine are going out of business, and others are not able to get you qualified, you need to call a reputable company to help you with your home mortgage in Irvine. We here at America One Mortgage Group are a national company headquartered out of Southern California. We have offices in many states and fund millions of dollars wort...
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Here is the Home Inventory for Irvine. Each week we take a snapshot of the market. This Altos Research Real-time Market Profile(TM) is the most up-to date market information available. The Profile shows you not only pricing and market numbers, but also trends in those numbers.        THIS WEEKThe median single family home price in IRVINE this week is $979450.Inventory has been decreasing lately but the Market Action Index is falling also. With days-on-market  climbing, these are relatively negative implications for the market.PRICEThe market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.SUPPLY AND DEMANDLocal conditions are currently quite strongly in the Buyer's Market zone (below 30). ...
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By Laura Sandoval
(Alliance Properties)
FREE SEMINARWould You Be Interested In... Creating Cash Flow Reducing Taxable Income Owning Multiple Properties Improving Your Credit Score Preserving and Protecting Your Assets Retiring Early Building a Full-time or Part-time Business Seats are limted.  To reserv your seat, please contact Laura Sandoval direct 714.307.3831Hosted By: Alliance Global Inc. Irvine, CA
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Here is the most Up To Date Market Trends for Irvine. Each week we take a snapshot of the market. This Altos Research Real-time Market Profile(TM) is the most up-to date market information available. The Profile shows you not only pricing and market numbers, but also trends in those numbers. THIS WEEKThe median single family home price in IRVINE this week is $979000.Inventory has been decreasing lately but the Market Action Index is falling also. With days-on-market climbing, these are relatively negative implications for the market.PRICEThe market appears to be hovering around these current levels. The Market Action Index is a good leading indicator for the durability of this trend.SUPPLY AND DEMANDLocal conditions are currently quite strongly in the Buyer's Market zone (below 30). The...
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By Brian Jones, Realtor, Coast Real Estate Specialist
(Coldwell Banker Residential Brokerage)
I dug a small hole, the earth still soft from the recent rain, and dropped in the small figurine. Upside down, the rear of the house, facing the house, 3' from the wall, 12" deep. Those were the instructions ... now it's up to St. Joseph. It's amazing the lengths we Realtors will go to in an effort to sell a home. I purchased several St. Joseph home selling kits from The King's House in Scottsdale, Az. The owner of this family business, Bob Weflen, said that he has sold nearly 600 of these St. Joseph kits in the last 3 months. He mentioned that a friend of his in Pittsburgh has sold over 150 in less than a week. I'm suggesting that we forget home sales figures, forget inventory levels, forget the charts and look to St Joseph as an indicator of the kind of real estate market we are in. I...
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By Marlene Bridges, Laguna Homes|Laguna Condos|Laguna Real Estate
(Village Real Estate Services, Inc.)
Please help me welcome one of our newest Active Rainers, Greg Gantman.  Greg's a great guy who served tirelessly as President of the Aliso Viejo Chamber of Commerce for two years.  He's generously supported my efforts as President of the Laguna Hills/Laguna Woods Chamber.  I've come to value his friendship and council so much.Please take a moment to welcome him. I know Greg will be a generous contributor to Active Rain.  Please help me welcome Greg to AR by reading and commenting on his first post.  Click here to read and comment on Greg's first article.   ________________________________________________________________________________________________ Marlene Bridges, REALTOR®  800 777-1775South Orange County Real Estate WebsiteOrange County Seniors Lifestyles BlogSRES - Seniors Real E...
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Here is the most Up To Date Market Trends for Irvine. Each week we take a snapshot of the market. This Altos Research Real-time Market Profile(TM) is the most up-to date market information available. The Profile shows you not only pricing and market numbers, but also trends in those numbers.  THIS WEEKThe median single family home price in IRVINE this week is $969000.Inventory has been decreasing lately but the Market Action Index is falling also. With days-on-market climbing, these are relatively negative implications for the market.PRICEThe market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.SUPPLY AND DEMANDLocal conditions are currently quite strongly in the Buyer's Market zone (bel...
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By Josh Needle
(Opis Alliance)
The Irvine Mortgage Professionals Meetup Group The marketplace is in a state of flux-interest rates, housing values, guidelines, and consumer confidence-now is the time to respond with better business ideas and practices. Meet other local Mortgage Professionals, Financial Advisors, RE Agents, Escrow/Title & Officers, Appraisers and Notary Signing Agents. Many parties are involved in a successful loan transaction; let's talk about how we can streamline the business to make our jobs more fulfilling and financially rewarding. Meet and share ideas, explore different concepts and strategies, discuss lead generation, foster retention, build referral systems, improve the profession, etc. We will have a rotating topic of discussion and time to network. September Meetup-What's next for the indus...
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By Bob Coan
(ThinkFree Realty)
Here is public open house list for Irvine. This is just a handfull and I have the complete list of Open House Homes in Irvine this weekend. email me or call and I will email you the full list for all the cities you want in OC. Free and of course no obligation.  31 Cool Brk 49, Irvine, CA 92603        Price $789,000  Bed 3    Baths 2  Details here Home has new kitchen with granite tops, s/s appliances, wood floors, french doors and window, recessed lighting, high ceilings, skylights, new carpet, new paint and more. Bonus office off of garage not included in square footage. Corner unit, quiet location, residential tract had termite tenting, wood repairs and all units painted in 2006. In addition, the Association upgraded the landscaping. The neighborhood look great! Close to schools, gree...
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Here is the most Up To Date Market Trends for Irvine. Each week we take a snapshot of the market. This Altos Research Real-time Market Profile(TM) is the most up-to date market information available. The Profile shows you not only pricing and market numbers, but also trends in those numbers.           THIS WEEK The median single family home price in IRVINE this week is $969400. Inventory has been lightening lately and the Market Action Index has been trending up. Though dayson- market is increasing, these are mildly positive indications for the market.   PRICE The market appears to be hovering around these current levels. The Market Action Index is a good leading indicator for the durability of this trend. SUPPLY AND DEMAND Local conditions are currently in the Buyer's Market zone (belo...
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By Ann Urias, Your Real Estate Concierge
(Aston Group - Orange County Real Estate)
The Reserve at Orchard Hills Opening Oct 14th 2017 Call Ann 714-588-7676 Vivo Reserve at Orchard Hills From 1 MillionVerdi Reserve at Orchard Hills From 1.1MillionLago Reserve at Orchard Hills From 1.1 MilionComo Reserve at Orchard Hills From 1.3 MilionTerra Reserve at Orchard Hills From 1.5 Million Buyer Rebates On All New Construction Homes!Before you buy a new construction home you must click on PIC OR LINK to learn more. We save you thousands on a purchase of a new home. Up to 60% in Commission rebates. Dont leave the money in the builders pockets. Cick on Pics for more info 
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