Open House Review: 6 Quebrada

Today I saw 6 Quebrada, a single level house in Windstream’s gated community. The home is nicely situated on a quiet cul-de-sac street just down the street from the button-coded gate entry. Windstream is divided into three gated sections so it limits the amount of car traffic although pedestrian traffic is not limited between the sections. 6 Quebrada is found in one of the smaller portions that consist of 2 short cul-de-sac streets and just steps from the community pool and Hicks Canyon Trail.

Asking Price: $950,000
Bedrooms: 4
Bathrooms: 2
Square Footage: 1,995
Lot Size: 5,250 sq ft
Price per Square Foot: $476
Property Type: Residential, Single Family
Style: One Level
Year Built 1980
Community: Northwood, Windstream
Days on Market: 12
HOA Fees: $174/mo

There are no Mello Roos. Continue reading

Open House Review: 26 Rosenblum

Last week, I reviewed 6 Grapevine, a property in Northpark Square. This weekend, I went just a block away from there and visited 26 Rosenblum.

The basics:
Asking Price: $1,249,000
Bedrooms: 5 + bonus room
Bathrooms: 4.75
Square Footage: 3,537
Lot Size: 4,225
$/Sq. Ft: $353
Days on Market: 109
Property Type: Single Family Home
Year Built: 2002
Community: Northpark Square – Bel Aire
Schools: Hicks Canyon Elementary, Orchard Hills, Beckman High (Tustin Unified)

HOA dues are $100/month and Mello Roos is approximately $3,500/year. 1 - front of homeThis home is located on one of the neighborhood’s bigger streets, rather than a cul-de-sac like 6 Grapevine. It is an even shorter walk to the community park and swimming pool. This is a much more upscale home than the last one I visited, with a very formal feeling throughout the house. Continue reading

Open House Review: 4 Diamonte

4 Diamante is located on an internal neighborhood street that is one of the only streets that is not a cul-de-sac street, but it bridges between two cul-de-sac streets.   This home sits next to a walking trail and has no direct neighbor to one side, and a green area bordering the backyard. The home would appeal to any family looking to be walking distance to Santiago Hills Elementary School and in close proximity to Sierra Vista Middle School and Northwood High School.


The basics:
Asking Price: $879,000
Bedrooms: 4
Bathrooms: 2.5
Square Footage: 2,100
Lot Size: 5,000
$/Sq Ft: $419
Days on Market: 17
Property Type: Single Family Residence
Year Built: 1980
Community: Northwood – Park Paseo

HOA dues are $89 per month and there no are Mello Roos taxes. Continue reading


Orchard Hills Overview 2: The Groves

Over the last several weeks, I have visited and reviewed the non-gated portion of Orchard Hills, including the parks, common areas, and all five sets of homes. Today, I will give an overview of The Groves at Orchard Hills, the gated portion on the west side of Culver. In the coming weeks, I will review each of the seven sets of homes.

All seven collections in The Groves are single family homes. Each one has three or four different models and all homes are two stories. Five different builders designed the homes. All of the homes in the Groves are part of the Tustin Unified School District. Currently, students will attend Hicks Canyon Elementary School from kindergarten through fourth grade, Orchard Hills School for fifth through eighth grade, and Beckman High School. However, Orchard Hills School is officially designated as a K-8 school, so as the population of the neighborhood grows, students will likely attend Orchard Hills beginning in kindergarten and will not be slated for Hicks Canyon. Potential buyers should always verify school information with the sales office and/or school district.

Here is a quick rundown of the collections, from smallest to biggest:




Sq Ft






Base Price






2,906 – 3,223




4 – 4.5


Low $1,000,000’s


Taylor Morrison


La Vita


3,400 – 3,942


4 – 5


4.5 – 5.5


Mid $1,000,000’s


Brookfield Residential




3,531 – 3,801


4 – 5


4.5 – 5.5


Mid $1,000,000’s


TRI Pointe Homes




3,654 – 4,014


3 – 6


3.5 – 6


Mid $1,000,000’s


KB Home




3,795 – 4,050


4 – 5


4.5 – 5.5


Mid $1,000,000’s


Taylor Morrison




4,215 – 5,181


4 – 7


4.5 – 7.5


High $1,000,000’s


The New Home Company




5,095 – 7,030


5 – 7


5.5 – 7.5


Low $2,000,000’s


The New Home Company


Continue reading

Irvine Housing Overview: Condos and Houses—July 2014

Below are numbers provided by Redfin for Irvine’s July housing market. The numbers are broken down so that the statistics for condos and houses can be seen. The number of homes on the market in Irvine appears to be leveling off. And the number of homes sold has decreased when compared to previous months this year.

Also note that Altos Research states that the Market Action Index (MAI) for Irvine’s single-family housing market was 35.13 on August 8, 2014. According to Altos, above 30 indicates a sellers’ market, below 30 indicates a buyers’ market.

Following is Irvine’s 2014 housing market data as provided by Redfin.

Type List Price/# Homes Listed Sold Price/# Homes Sold List Per SF Sold Per SF % Chg Y-O-Y Sold Price/SF
14-Jul $1,068K/374 $865K/91 $449 $415 -4.40%
14-Jun $1,050K/379 $932K/98 $440 $433 4.60%
14-May $1,060K/334 $895K/100 $444 $448 8.50%
14-Apr $1,096K/270 $900K/97 $447 $440 11.70%
14-Mar n/a n/a n/a n/a n/a
14-Feb $1,090K/203 $905K/57 $451 $420 10.50%
14-Jan $1,082K/170 $832K/62 $461 $429 22.20%
14-Jul $600K/388 $550K/101 $415 $396 0.08%
14-Jun $599K/381 $558K/130 $416 $403 3.30%
14-May $590K/332 $570K/125 $413 $402 5.20%
14-Apr $590K/310 $550K/125 $411 $394 4.50%
14-Mar n/a n/a n/a n/a n/a
14-Feb $599K/248 $560K/80 $406 $395 13.50%
14-Jan $603K/226 $626K/58 $406 $392 20.60%
14-Jul $788K/839 $663K/215 $424 $406 1.20%
14-Jun $775K/832 $677K/257 $422 $412 4.30%
14-May $788K/704 $722K/238 $422 $421 7.40%
14-Apr $778K/618 $678K/247 $425 $409 7.60%
14-Mar $799K/487 $680K/na $435 $407 n/a
14-Feb $745K/479 $665K/145 $421 $400 10.50%
14-Jan $412K/422 $688K/130 $422 $412 23.40%