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INTRO to Robert Deane

The information you need when you need it

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My primary goal is to turn the on-line home buying experience from a time consuming and often frustrating search for information into convenient access to the information you need.

SECOND: In this challenging and quickly moving market  I provide you with the framework of knowledge to evaluate and respond to new information.

THIRD: To become your trusted advisor in the purchase of your next home. How do I intend to gain your trust? The old fashion way; I will earn it by proving my experience, knowledge and dedication to superior service.

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Orange County Market Report for January 2015 – with Interactive Stats

By Robert Owen Deane The Orange County Housing Market January 2015 With Interactive Statistics Review the Orange County Housing Market in a Glance. Here you will find all the important housing market information you need in one place. This interactive tool presents information on the Median Price, Unsold Inventory, Median Time on The Market and the Percent of ...

Alert! Renters, it’s time to consider home ownership.

By Robert Owen Deane Contact Robert The real estate market is beginning to move from a market strongly favoring seller’s, to a more balanced market.  If you been unable to buy a home because you could not compete with cash buyers or were frustrated by multiple offers on a limited inventory of homes, you may want to look ...

Pet-friendly residential design – The Pet Suite

Enjoy More Options with the Tandem Garage Smaller, narrower lots have largely brought the end to three garage doors in front of a home.  A three-car garage takes up a minimum of 30-feet. That’s fine when the lot is 70 or 80-feet wide; not when you are on a lot that is 40 or 50 feet wide. With the typical five-foot ...

Just for Kids – Show Your Cartoons in a Global Gallery | Slylock Fox

By Robert Owen Deane Slylock Fox I enjoy reading the Sunday Comics and one of my favorite cartoonists is Bob Weber Jr. He is the creator of Slylock Fox and Comics for Kids which include mystery puzzles, visual games, how-to-draw lessons and informative fun facts.  I keep Slylock Fox as my last cartoon, like a desert, as a treat. Of course I am doing “research” for my granddaughter, but ...

Newport Beach – A Surge in New Construction and Remodeling

By Robert Owen Deane This blog post addresses the age of the housing stock in Newport Beach and a critical fact you need to know when looking at listings on the Internet. Don’t build you opinion of a home based on the year built. The value of property in Newport Beach is so exceptional, homes don’t just age, they are constantly re-born. ...



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WASHINGTON (April 22, 2013) – Existing-home sales eased in March from inventory constraints, which continued to pressure home prices, according to the National Association of Realtors®. Total existing-home sales1, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, declined 0.6 percent to a seasonally adjusted annual rate of [...]
Mon, Apr 22, 2013, Continue reading at the source
WASHINGTON (February 25, 2013) – Major commercial real estate sectors continue to improve, albeit slowly, with gradual economic improvement and job creation driving absorption of space, according to the National Association of Realtors® quarterly commercial real estate forecast. Lawrence Yun, NAR chief economist, said rental housing demand has been exceptionally strong. [...]
Mon, Feb 25, 2013, Continue reading at the source
WASHINGTON (February 21, 2013) – Existing-home sales edged up in January, while a seller's market is developing and home prices continue to rise steadily above year-ago levels, according to the National Association of Realtors®. Sales rose in every region but the West, which is the region most constrained by limited [...]
Thu, Feb 21, 2013, Continue reading at the source
WASHINGTON (February 11, 2013) – A growing number of metropolitan areas had higher median home prices in the fourth quarter, with the national price showing the strongest year-over-year increase in seven years, according to the latest quarterly report by the National Association of Realtors®. A companion report shows record high [...]
Mon, Feb 11, 2013, Continue reading at the source
Home building, remodeling and the overall residential construction industry support many types of jobs. BLS data from the 2014 Occupational Employment Statistics (OES) Survey, and NAHB analysis, provide a count of these occupation classes. The OES survey defines employment as the number of workers who can be classified as full- [...]
Mon, Apr 27, 2015, Continue reading at the source
According to the Global Housing Watch at the International Monetary Fund (IMF), real house prices across the world continued to grow in the in the 4th quarter of 2014, however, global house prices remain below their pre-financial crisis peak. Globally, real house prices rose by 1.6% over the 4 quarters [...]
Mon, Apr 27, 2015, Continue reading at the source
Builders surveyed in January 2015 ranked the most significant problems expected to face the industry in 2015. Topping the list was the Cost/Availability of Labor, an issue which has increased in importance the past two years. In 2013, 53% of builders rated Labor as a significant problem, followed by 61% [...]
Fri, Apr 24, 2015, Continue reading at the source
Over the 2012-2014 period, rising job openings and employment in the residential construction industry have led to wage increases, with some occupations within the home building and remodeling sector experiencing wage growth at a rate twice the national average. According to Bureau of Labor Statistics Occupational Employment Statistics Survey (OES) [...]
Fri, Apr 24, 2015, Continue reading at the source
For release:April 22, 2015 Double-digit gain in annual pending home sales suggests market will continue its upswing coming months, C.A.R. reports Pending sales in San Francisco Bay Area, Southern California, and Central Valley regions jump LOS ANGELES (April 22) – California pending home sales jumped in March to record three straight month-to-month [...]
Wed, Apr 22, 2015, Continue reading at the source
DSnews: Survey: Flipping trend continues to gain momentum among investorsBy Brian HoneaThe rising trend of home flipping around the country seen in Q4 continued to build momentum among investors in nearly every market surveyed in Q1, according's First Quarter 2015 Real Estate Investor Activity Report released on Monday. San Francisco [...]
Tue, Apr 21, 2015, Continue reading at the source
For release:April 20, 2015 C.A.R. lender performance survey finds improvement in REALTORS®' satisfaction with lenders Higher satisfaction likely attributed to better housing market than true improvement in processes LOS ANGELES (April 20) – A significant drop in distressed home sales and resulting smoother transactions in recent years moved the needle considerably in REALTORS®' [...]
Mon, Apr 20, 2015, Continue reading at the source
For release:April 15, 2015Buoyed by stronger economy, California housing market accelerates in March as home sales and prices ratchet up LOS ANGELES (April15) – California's housing market continued to pick up steam as existing home sales and prices propelled higher, with both posting back-to-back increases in March, the CALIFORNIA ASSOCIATION OF [...]
Wed, Apr 15, 2015, Continue reading at the source
The automakers will report April vehicle sales on Friday, May 1st. Sales in March were at 17.05 million on a seasonally adjusted annual rate basis (SAAR), and it appears sales will be strong in April too. April sales (SA) will probably be the best since 2005.Note: There [...]
Mon, Apr 27, 2015, Continue reading at the source
From the Dallas Fed: Texas Manufacturing Activity Weakens Again Texas factory activity declined in April, according to business executives responding to the Texas Manufacturing Outlook Survey. The production index, a key measure of state manufacturing conditions, posted a second negative reading in a row, coming in at -4.7.Other measures of [...]
Mon, Apr 27, 2015, Continue reading at the source
Note: I follow several house price indexes (Case-Shiller, CoreLogic, Black Knight, Zillow, FHFA, FNC and more). Note: Black Knight uses the current month closings only (not a three month average like Case-Shiller or a weighted average like CoreLogic), excludes short sales and REOs, and is not seasonally adjusted.From Black Knight: [...]
Mon, Apr 27, 2015, Continue reading at the source
From the Financial Times: Eurozone officials seek to bypass Varoufakis to spur Greek talksA fraught eurozone meeting in Riga at the weekend has left Yanis Varoufakis, the Greek finance minister, increasingly isolated both in Brussels and in Athens as officials seek to bypass him in an effort to jump-start bailout [...]
Sun, Apr 26, 2015, Continue reading at the source
One of the many interesting dynamics of the current housing market is the lack of new home sales and also, new home construction. New housing construction tends to be a boom for the economy across all income levels. Why? People when buying a new home also tend [...]
Sat, Apr 25, 2015, Continue reading at the source
America is the land of second, third, and even fourth chances. The same applies to house lusting buyers. The National Associate of Realtors (NAR) had some interesting data regarding potential future home buyers. Their analysis found that between 2006 and 2014 some 9.3 million homeowners were [...]
Mon, Apr 20, 2015, Continue reading at the source
People always mention a few items when it comes to real estate values. For California they highlight location, mileage to freeways, weather, and access to employment hubs. Well if you want a good deal and according to some, every single part of L.A. County is going to gentrify [...]
Fri, Apr 17, 2015, Continue reading at the source
There have been a few reports highlighting that the LA/OC housing market is the least affordable in the nation. A more recent analysis by the Economic Policy Institute (EPI) found that 57 percent of Angelinos fall below a basic budget presented. We'll show the budget shortly but these [...]
Mon, Apr 13, 2015, Continue reading at the source
Part of the puzzle of the mortgage meltdown has been the role of real estate brokers. Could real estate brokers have done more to prevent home buyers from making inappropriate purchases or using loans which were inherently too risky? The question has now been raised by the National Association of Exclusive [...]
Mon, Aug 03, 2009, Continue reading at the source
There's been considerable debate regarding the Home Valuation Code of Conduct (HVCC), the agreement to curb appraisal abuses worked out between New York Attorney General Andrew Cuomo, Fannie Mae, Freddie Mac and their then regulator, the Office of Federal Housing Enterprise Oversight (OFHEO). A number of leading real estate and lending [...]
Tue, Jul 14, 2009, Continue reading at the source
On RealTalk, a listserve with some 30,000+ agents and brokers, several relate that they have had bad experiences under the new Home Valuation Code of Conduct (HVCC) concept, something which only began May 1st. Why is anyone amazed? Combine a new and different program with a huge number of interactions and [...]
Tue, Jun 30, 2009, Continue reading at the source
There is now a new effort on Capitol Hill to increase the first-time buyer credit from $8,000 to $15,000. Under S1230, first-time buyers would be able to get a credit equal to as much as 10 percent of the purchase price, up to $15,000. Not only that, but the time the [...]
Thu, Jun 18, 2009, Continue reading at the source
Should you buy a home in the suburbs or downtown? In an established neighborhood or a new subdivision? One story or two? Stop wracking your brain trying to figure out ...Read Full Post [...]
Thu, May 29, 2014, Continue reading at the source
It might not occur to you to meet the neighbors before buying a home, but let's consider a few reasons why that's a good idea. First and foremost is the fact you could be living next door to these people for a long time, and who knows if you'll even like [...]
Tue, May 27, 2014, Continue reading at the source
So much can happen after the purchase offer is accepted that we real estate agents sometimes caution our buyers not to get overly excited too quickly. Not that it ever slows anybody down enough to carefully inquire about the next home buying steps. Nope, buyers are so jazzed and filled with [...]
Sun, May 25, 2014, Continue reading at the source
An experienced agent will tell a home buyer that seller repairs are not a guarantee in any transaction after a home inspection. A much better time to ask about seller repairs is during the offer stage. Particularly if the repair is an item a buyer can easily spot while walking [...]
Thu, May 22, 2014, Continue reading at the source
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