Author Archives: zovall

Solar Workshop on March 28th

Press release below

SOLARCITY SPONSORS LECTURE ABOUT SOLAR POWER AND PERSONAL ACHIEVEMENT

SolarCity, one of the country’s leading clean energy providers, will sponsor a free public lecture for Irvine homeowners by career and personal performance coach Bob Davies, titled “Identifying Your Path to Personal Achievement.” Davies will also present a special case study: “Converting to Clean Energy,” reviewing his personal experience about making the switch to better energy and converting his home to solar. It is an enlightened look at how the human mind is built to resist change. The Irvine Chamber Green Business Certification Program encourages homeowners to consider solar as a viable energy option. Utilizing renewable resources is part of the city’s ongoing goal of being one of America’s leading residential communities.

This program may help:

· Health and energy improvement

· Overcome procrastination

· Recovery and positive thinking during times of rejection and bad news

· Enhanced ability to “tap into” the talent you already have

· Accountability to improve performance

What: “Identifying Your Path to Personal Achievement,” lecture by Bob Davies

When: Thursday, March 28, 10:30 a.m. to noon

Where: Irvine Chamber of Commerce, 2485 McCabe Way Suite 150, Irvine, CA

Cost: Free

RSVP: http://www.SolarCity.com/seminars, or Tina Magana: (909) 618-6937

Sponsored by SolarCity: Bring a copy of your utility bill and receive a free $25 restaurant.com gift card.

6 properties, not yet on MLS

If interested, contact Shevy at shevy@irvinehousingblog.com or 949-769-1599.

1) Marbella, Irvine

condo

ready 2/7/13, make your offer today

385k-390k

2) Keller, Santa Ana (southcoast metro)

rehab finish date 2/15/13

575k

3) North View, Anaheim Hills

March

Eviction stage (do not disturb occupant)

650k

4) Hoover, Buena Park

March

eviction stage (do not disturb occupant)

350 ft addition from MLS listing

435k

5) Las Solanas, Westminster

1st of March

625k or 585k as-is

6) Rain Tree, Laguna Hills

March

590k or 560k as is

Supporting the Orangewood Children's Foundation

We'd like to raise money for the Orangewood Children's Foundation this year. Irvine Housing Blog / Talk Irvine will match your contributions (up to a total of $1000).

To participate, all you have to do is:

1. Make a contribution by visiting http://www.orangewoodfoundation.org/donate_individual.asp by December 25, 2012.

2. Forward your emailed receipt to omkar@irvinehousingblog.com

We'll track how much has been raised at the top of this post and after the 25th, we'll match that total (up to $1000). See below for more about Orangewood.

In the early 1980’s a group of community and business leaders came together, recognizing that child abuse was on the rise and something was needed to protect these innocent children and teens. The result was building the Orangewood Children’s Home. Today the Foundation has stayed committed to the mission of providing life-changing programs and one-on-one support for abused and neglected children and at-risk families to end the cycle of child abuse. For over 30 years our focus has been to help foster children survive and thrive, in spite of the challenges that brought them into protective care. We have a particular focus on teens who will soon ‘emancipate’ (age out) of the foster care system, forging the road to young adulthood and independent living, typically without the guidance or support of family. Orangewood Children’s Foundation remains committed to this goal.

Thank you for your generosity.

Talk Irvine Discussion: http://www.talkirvine.com/index.php/topic,3363.msg50555.html

Canstruction 2012 – Supporting the Orange County Food Bank

I received an email from a long time IHB reader, Chuck Darrow, regarding an organization he is involved with, Canstruction. Sounds like many of the companies in the housing and residential development industry participate in this event where they create twenty structures using canned food.

From their PR:

The premise is this: local architects, engineers, community groups, and students formed twenty teams that include at least one architect. They then designed a structure, gathered all the food items necessary to build it (over 80,000 cans!!), then constructed their visually and structurally stunning canned art structures during an overnight build commencing the night of Friday, August 31 2012 The structures will be on display and open to the public on both sides of South Coast Plaza from September 1 – 23 in conjunction with the Festival of Children.

2009 Build Night Video:

At the end of the event, all of the canned food will be donated to the Orange County Food Bank. We did an IHB volunteer event here a few years ago and it was an incredibly rewarding experience. Very cool to see these local companies make these donations to the food bank! Fluor, Inc is this years major financial sponsor.

Have you seen these in the past? We will try to check them out this weekend. Discuss below or on Talk Irvine.

Irvine Shadow Inventory July 2012

I came across a great post by irvinehomeowner on the Talk Irvine forums regarding foreclosure inventory in Irvine.

So while going through Redfin's forums I found out that ForeclosureRadar.com gives you chart pr0n for free:

http://www.foreclosureradar.com/california/orange-county/irvine-foreclosures

One of the charts that stuck out to me was this:

While the June numbers show almost 800 homes in some stage of foreclosure… it also shows 147 that are REO. Compare that to Irvine's current inventory of about 440… it becomes interesting.

Why? Because I can't find 147 REOs on Redfin (I only found 6). EDIT: Actually… thanks to USCTrojan, it looks like the number of REOs on the MLS is about 26… much higher than 6 but not 147… so still a significant number.

And let's talk about that 800 number… this chart is also very interesting:

492 days is the time it takes to foreclose? Over a year? And the banks take twice as long to resell a property than a 3rd party (265 to 126)?

Maybe there won't be a shadow inventory tsunami… but there are definitely homes that aren't being paid for and we aren't able to buy.

Thoughts? Follow along on the forum thread here:

http://www.talkirvine.com/index.php/topic,2910.0.html