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 Hotel18000 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  SpitzerLast  In Dr.  Liz  Cipres  

EXCHANGE CLUB OF IRVINEKarima Fedlhus, President

P.O. Box 4537Irvine, CA 92616

(949) 451-5336www.exchangeclubirvine.org

Editor / Reporter: Cathy Rodriguez Volume 9, Number 1 July 14, 2015

A "Big E" Club