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Exchange,
America's Service Organization, is a
group of men and women working
together to make our communities better
places to live through programs of
service in American Patriotism,
Community Service, Youth Activities,
and its national project, the Prevention
of Child Abuse.
We meet every Tuesday at noon
at the
Irvine Marriott Hotel
18000 Von Karman Ave.
Irvine, CA 92612
Come to a meeting and be our
guest for lunch
Jul 21 - Jeffrey Trail School - ITAP Grant
Jul 28 - IPD Employee of the Quarter
Aug 4 - DARK
Aug 11 - DARK
Aug 18 - Grant Barring - Student Howard U.
Aug 20 - Board of Directors Meeting
Aug 25 - Tania Bhattacharyya - Dir. of Dev't,
New Directions for Women
Calendar of Events:
EXCHANGE CLUB OF IRVINE
INTRODUCTION	
  OF	
  SPECIAL	
  GUESTS	
  AND	
  MEMBERS:	
  President-­‐Elect	
  Ed	
  Benoe	
  introduced	
  guest	
  speaker,	
  Real	
  Estate	
  
Attorney	
  Jason	
  Burris.	
  Special	
  guests	
  Mediation	
  Attorney	
  Colleen	
  McNamee	
  and	
  Attorney	
  John	
  Ford.	
  	
  Members	
  
introduced	
  themselves.
Club	
  Business:
• Football	
  Book	
  Sales:	
  Dr.	
  Michael	
  Spitzer	
  has	
  only	
  six	
  books	
  left!	
  Have	
  fun,	
  support	
  child	
  abuse	
  and	
  have	
  the	
  
chance	
  to	
  win	
  $50.	
  Buy	
  your	
  football	
  book	
  today	
  for	
  only	
  $25.	
  Contact	
  Dr.	
  Michael	
  Spitzer!
• OC	
  Best	
  &	
  Bravest	
  Profits	
  for	
  Child	
  Abuse	
  Prevention:	
  Vicki	
  Harris	
  was	
  pleased	
  to	
  report	
  this	
  event	
  generated	
  
several	
  thousand	
  dollars	
  for	
  child	
  abuse	
  prevention	
  efforts!	
  The	
  Exchange	
  Club	
  of	
  Irvine	
  received	
  $6,775	
  profits	
  which	
  
will	
  be	
  well-­‐spent	
  in	
  support	
  of	
  this	
  important	
  issue.
Happy	
  Bucks:	
  
Dr.	
  Albert	
  Tjan	
  and	
  wife	
  Yvonne,	
  enjoyed	
  their	
  trip	
  to	
  Paso	
  Robles.	
  Great	
  country	
  and	
  wineries	
  Vicki	
  Harris	
  daughter,	
  
Allie	
  loves	
  the	
  Football	
  Book	
  program!	
  Cathy	
  Rodriguez	
  is	
  happy	
  to	
  have	
  Jason	
  Burris	
  and	
  Colleen	
  McNamee	
  with	
  us	
  
today!	
  Jason	
  Burris	
  is	
  happy	
  to	
  be	
  back	
  with	
  Exchange	
  members	
  and	
  looking	
  forward	
  to	
  speaking	
  today!	
  Colleen	
  
McNamee	
  is	
  pleased	
  to	
  be	
  here	
  and	
  looking	
  forward	
  to	
  speaking	
  in	
  September	
  John	
  Ford	
  is	
  happy	
  to	
  be	
  with	
  Exchange	
  
today,	
  seeing	
  old	
  friends	
  and	
  making	
  new	
  ones	
  Don	
  Dressler	
  had	
  a	
  great	
  time	
  with	
  grandkids	
  watching	
  fireworks	
  on	
  the	
  
4th	
  of	
  July!	
  Scott	
  Zimmerman	
  was	
  pleased	
  to	
  renew	
  his	
  mortgage	
  license!	
  Mary	
  Aileen	
  Matheis	
  is	
  looking	
  forward	
  to	
  
spending	
  time	
  in	
  Hawaii.	
  She	
  will	
  visit	
  3	
  islands	
  Mike	
  Flynn	
  and	
  wife,	
  Garlin	
  will	
  have	
  a	
  great	
  2-­‐week	
  vacation	
  travelling	
  
to	
  Yellowstone	
  and	
  Utah	
  National	
  Parks!	
  Ed	
  Benoe	
  enjoyed	
  having	
  his	
  daughter	
  and	
  4	
  grandkids	
  with	
  them…but	
  also	
  
happy	
  they	
  went	
  home
	
  
“Irvine	
  Real	
  Estate,	
  Trends,	
  Problems	
  and	
  Predictions”	
  –	
  Jason	
  Burris,	
  local	
  Real	
  Estate	
  Attorney	
  has	
  a	
  passion	
  for	
  
solving	
  problems!	
  Jason	
  left	
  his	
  firm	
  in	
  March	
  and	
  started	
  his	
  own	
  practice	
  here	
  in	
  Irvine.	
  He	
  has	
  a	
  broad	
  real	
  estte	
  
experience	
  in	
  commercial	
  and	
  residential	
  transactions	
  and	
  litigation.	
  He	
  has	
  resolved	
  hundreds	
  of	
  disputes	
  in	
  dozens	
  of	
  
counties	
  in	
  California	
  with	
  regard	
  to	
  title,	
  escrow,	
  foreclosure,	
  evictions,	
  and	
  landlord/tenant	
  issues	
  on	
  behalf	
  of	
  lenders,	
  
individuals,	
  property	
  managers	
  and	
  investors.
Jason	
  earned	
  his	
  bachelor’s	
  degree	
  from	
  Chapman	
  University	
  in	
  2002	
  and	
  his	
  law	
  degree	
  from	
  the	
  Fowler	
  School	
  of	
  Law	
  
and	
  Chapman	
  University	
  in	
  2008.	
  He	
  has	
  been	
  working	
  in	
  the	
  legal	
  industry	
  since	
  2002.	
  He	
  lives	
  in	
  North	
  Tustin	
  with	
  his	
  
wife,	
  Ariana	
  Burris,	
  who	
  practices	
  social	
  security	
  disability	
  law,	
  and	
  their	
  seven-­‐year	
  old	
  Golden/German	
  Shepherd	
  
rescue,	
  named	
  Wheaties!
The	
  city	
  of	
  Irvine	
  is	
  a	
  major	
  outlier	
  in	
  Orange	
  County	
  real	
  estate.	
  In	
  the	
  last	
  5	
  years,	
  real	
  estate	
  values	
  here	
  have	
  risen	
  
an	
  astounding	
  20%!	
  The	
  only	
  other	
  city	
  in	
  California	
  to	
  come	
  close	
  to	
  this	
  gain	
  is	
  San	
  Francisco.	
  Some	
  surprises	
  along	
  
the	
  way.	
  Experts	
  predicted	
  increases	
  in	
  the	
  first	
  quarter	
  of	
  2015.	
  This	
  did	
  not	
  happen.	
  Increases	
  began	
  in	
  quarter	
  two	
  
instead.	
  The	
  average	
  price	
  per	
  square	
  foot	
  of	
  Irvine	
  properties	
  is	
  $432!	
  The	
  average	
  median	
  price	
  for	
  a	
  home	
  in	
  Irvine	
  is	
  
$725,000.	
  	
  Currently	
  the	
  highest	
  price	
  home	
  is	
  over	
  $13	
  million!
The	
  demand	
  continues	
  to	
  be	
  very	
  high	
  for	
  the	
  city.
Overall,	
  the	
  Orange	
  County	
  market	
  is	
  giving	
  “mixed	
  signals.”	
  Interest	
  only	
  loans	
  are	
  here	
  again,	
  but	
  with	
  tighter	
  
underwriting	
  guidelines.	
  The	
  dollar	
  is	
  strengthening	
  against	
  
global	
  markets	
  and	
  the	
  affordability	
  index	
  is	
  less	
  than	
  30%.	
  
Job	
  creation	
  in	
  Orange	
  County	
  has	
  increased	
  but	
  the	
  question	
  
remains	
  whether	
  salaries	
  has	
  done	
  the	
  same.	
  Baby	
  boomers	
  
here	
  in	
  Orange	
  County	
  are	
  cashing	
  out	
  in	
  large	
  numbers.	
  The	
  
rental	
  market	
  is	
  strong	
  providing	
  demand	
  for	
  housing	
  and	
  
accommodating	
  many	
  millennials	
  and	
  those	
  rebounding	
  from	
  
the	
  real	
  estate	
  market	
  crash.	
  Smaller	
  space	
  trend,	
  called	
  
Microdwelling	
  is	
  becoming	
  popular.	
  This	
  is	
  a	
  unit	
  that	
  
provides	
  about	
  600	
  sq.	
  ft.	
  of	
  living	
  space.	
  Requires	
  little	
  
furnishings	
  and	
  rents	
  for	
  about	
  $1,500/month.	
  
Jason	
  recently	
  worked	
  with	
  a	
  client	
  who	
  had	
  to	
  seek	
  legal	
  
counsel	
  for	
  real	
  estate	
  fraud.	
  His	
  advice	
  to	
  anyone	
  purchasing	
  
a	
  property,	
  conduct	
  your	
  own	
  thorough	
  investigations	
  before	
  
moving	
  forward	
  with	
  your	
  investment!
If	
  you	
  have	
  real	
  estate	
  challenge	
  or	
  need	
  assistance,	
  contact	
  
Jason	
  at:	
  jason@burris-­‐law.net	
  949-­‐278-­‐9208
50/50 Michael	
  Spitzer
Last	
  In Dr.	
  Liz	
  Cipres	
  
EXCHANGE CLUB OF IRVINE
Karima Fedlhus, President
P.O. Box 4537
Irvine, CA 92616
(949) 451-5336
www.exchangeclubirvine.org
Editor / Reporter: Cathy Rodriguez Volume 9, Number 1 July 14, 2015
A "Big E" Club

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Windsock July 14, 2015

  • 1. Exchange, America's Service Organization, is a group of men and women working together to make our communities better places to live through programs of service in American Patriotism, Community Service, Youth Activities, and its national project, the Prevention of Child Abuse. We meet every Tuesday at noon at the Irvine Marriott Hotel 18000 Von Karman Ave. Irvine, CA 92612 Come to a meeting and be our guest for lunch Jul 21 - Jeffrey Trail School - ITAP Grant Jul 28 - IPD Employee of the Quarter Aug 4 - DARK Aug 11 - DARK Aug 18 - Grant Barring - Student Howard U. Aug 20 - Board of Directors Meeting Aug 25 - Tania Bhattacharyya - Dir. of Dev't, New Directions for Women Calendar of Events: EXCHANGE CLUB OF IRVINE INTRODUCTION  OF  SPECIAL  GUESTS  AND  MEMBERS:  President-­‐Elect  Ed  Benoe  introduced  guest  speaker,  Real  Estate   Attorney  Jason  Burris.  Special  guests  Mediation  Attorney  Colleen  McNamee  and  Attorney  John  Ford.    Members   introduced  themselves. Club  Business: • Football  Book  Sales:  Dr.  Michael  Spitzer  has  only  six  books  left!  Have  fun,  support  child  abuse  and  have  the   chance  to  win  $50.  Buy  your  football  book  today  for  only  $25.  Contact  Dr.  Michael  Spitzer! • OC  Best  &  Bravest  Profits  for  Child  Abuse  Prevention:  Vicki  Harris  was  pleased  to  report  this  event  generated   several  thousand  dollars  for  child  abuse  prevention  efforts!  The  Exchange  Club  of  Irvine  received  $6,775  profits  which   will  be  well-­‐spent  in  support  of  this  important  issue. Happy  Bucks:   Dr.  Albert  Tjan  and  wife  Yvonne,  enjoyed  their  trip  to  Paso  Robles.  Great  country  and  wineries  Vicki  Harris  daughter,   Allie  loves  the  Football  Book  program!  Cathy  Rodriguez  is  happy  to  have  Jason  Burris  and  Colleen  McNamee  with  us   today!  Jason  Burris  is  happy  to  be  back  with  Exchange  members  and  looking  forward  to  speaking  today!  Colleen   McNamee  is  pleased  to  be  here  and  looking  forward  to  speaking  in  September  John  Ford  is  happy  to  be  with  Exchange   today,  seeing  old  friends  and  making  new  ones  Don  Dressler  had  a  great  time  with  grandkids  watching  fireworks  on  the   4th  of  July!  Scott  Zimmerman  was  pleased  to  renew  his  mortgage  license!  Mary  Aileen  Matheis  is  looking  forward  to   spending  time  in  Hawaii.  She  will  visit  3  islands  Mike  Flynn  and  wife,  Garlin  will  have  a  great  2-­‐week  vacation  travelling   to  Yellowstone  and  Utah  National  Parks!  Ed  Benoe  enjoyed  having  his  daughter  and  4  grandkids  with  them…but  also   happy  they  went  home   “Irvine  Real  Estate,  Trends,  Problems  and  Predictions”  –  Jason  Burris,  local  Real  Estate  Attorney  has  a  passion  for   solving  problems!  Jason  left  his  firm  in  March  and  started  his  own  practice  here  in  Irvine.  He  has  a  broad  real  estte   experience  in  commercial  and  residential  transactions  and  litigation.  He  has  resolved  hundreds  of  disputes  in  dozens  of   counties  in  California  with  regard  to  title,  escrow,  foreclosure,  evictions,  and  landlord/tenant  issues  on  behalf  of  lenders,   individuals,  property  managers  and  investors. Jason  earned  his  bachelor’s  degree  from  Chapman  University  in  2002  and  his  law  degree  from  the  Fowler  School  of  Law   and  Chapman  University  in  2008.  He  has  been  working  in  the  legal  industry  since  2002.  He  lives  in  North  Tustin  with  his   wife,  Ariana  Burris,  who  practices  social  security  disability  law,  and  their  seven-­‐year  old  Golden/German  Shepherd   rescue,  named  Wheaties! The  city  of  Irvine  is  a  major  outlier  in  Orange  County  real  estate.  In  the  last  5  years,  real  estate  values  here  have  risen   an  astounding  20%!  The  only  other  city  in  California  to  come  close  to  this  gain  is  San  Francisco.  Some  surprises  along   the  way.  Experts  predicted  increases  in  the  first  quarter  of  2015.  This  did  not  happen.  Increases  began  in  quarter  two   instead.  The  average  price  per  square  foot  of  Irvine  properties  is  $432!  The  average  median  price  for  a  home  in  Irvine  is   $725,000.    Currently  the  highest  price  home  is  over  $13  million! The  demand  continues  to  be  very  high  for  the  city. Overall,  the  Orange  County  market  is  giving  “mixed  signals.”  Interest  only  loans  are  here  again,  but  with  tighter   underwriting  guidelines.  The  dollar  is  strengthening  against   global  markets  and  the  affordability  index  is  less  than  30%.   Job  creation  in  Orange  County  has  increased  but  the  question   remains  whether  salaries  has  done  the  same.  Baby  boomers   here  in  Orange  County  are  cashing  out  in  large  numbers.  The   rental  market  is  strong  providing  demand  for  housing  and   accommodating  many  millennials  and  those  rebounding  from   the  real  estate  market  crash.  Smaller  space  trend,  called   Microdwelling  is  becoming  popular.  This  is  a  unit  that   provides  about  600  sq.  ft.  of  living  space.  Requires  little   furnishings  and  rents  for  about  $1,500/month.   Jason  recently  worked  with  a  client  who  had  to  seek  legal   counsel  for  real  estate  fraud.  His  advice  to  anyone  purchasing   a  property,  conduct  your  own  thorough  investigations  before   moving  forward  with  your  investment! If  you  have  real  estate  challenge  or  need  assistance,  contact   Jason  at:  jason@burris-­‐law.net  949-­‐278-­‐9208 50/50 Michael  Spitzer Last  In Dr.  Liz  Cipres   EXCHANGE CLUB OF IRVINE Karima Fedlhus, President P.O. Box 4537 Irvine, CA 92616 (949) 451-5336 www.exchangeclubirvine.org Editor / Reporter: Cathy Rodriguez Volume 9, Number 1 July 14, 2015 A "Big E" Club