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INTRO to Robert Deane

The information you need when you need it

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I HAVE THREE GOALS:

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.

The Knowledge Hub is a single source of knowledge about the Home Buying Process. For the first time you have everything in one place. Imaging the time saved and frustration avoided. It is just one of many benefits I bring to my clients.

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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. ...

Barton Health – Skilled Nursing

By Robert Owen Deane Read My Blog, “Barton Memorial Hospital – It all Started with a Fall“, for the introduction to this post.   Skilled Nursing and Rehabilitation Just what’s important in rehabilitation from a broken leg? It was three days after my wife’s three hour operation on her fractured femur. It was time to ...

 

 

My RSS Feeds
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
[...] detailed break down of buyers at the regional level (the six Southern California Counties) from DataQuick. DataQuick reports that on the regional level a full 28 percent of home purchases are made by Cash [...] [...]
Thu, Dec 05, 2013, Continue reading at the source
For many households, obtaining a mortgage is the most important step when seeking to purchase a home. As housing analysts, a natural question to ask when assessing the prospects for home buying is “how easy is it for households to obtain a mortgage?” The Federal National Mortgage Association (FNMA) or [...]
Thu, Dec 18, 2014, Continue reading at the source
The consumer price index was pushed down in November by falling gas prices. According to the latest release from the Bureau of Labor Statistics (BLS) the consumer price index declined 0.3% on a seasonally adjusted month-over-month basis. Over the past twelve months, prices on expenditures made by urban consumers increased [...]
Thu, Dec 18, 2014, Continue reading at the source
The Federal Reserve's monetary policy setting Federal Open Market Committee (FOMC) concluded its December meeting releasing a standard summary statement and Chairwoman Janet Yellen presided over a post-meeting press conference. With the asset purchase program a thing of the past as of October the all-consuming question among Fed watchers now [...]
Wed, Dec 17, 2014, Continue reading at the source
On December 16th, the Senate approved a one-year extension of the set of tax policies known as “tax extenders.” With the House of Representatives having previously adopted this extension, the legislation (H.R. 5771, which contains the “Tax Increase Prevention Act of 2014″) is now headed to the President, who is [...]
Wed, Dec 17, 2014, Continue reading at the source
For release:December 9, 2014 C.A.R. applauds Fannie Mae and Freddie Mac's 3 percent down payment option LOS ANGELES (Dec. 9) – The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today issued the following statement in response to Fannie Mae and Freddie Mac's move to lower down payments to as little as 3 percent for [...]
Wed, Dec 17, 2014, Continue reading at the source
Todays_re_news
DSnews: Freddie Mac predicts biggest year for home sales since '07By Brian HoneaFreddie Mac predicted that 2015 will see the highest level of home sales in the U.S. since 2007 in its December 2014 U.S. Economic and Housing Market Outlook released on Tuesday. Housingwire: Zillow: Number of underwater homeowners sliced in [...]
Wed, Dec 17, 2014, Continue reading at the source
For release:December 17, 2014Statewide home sales remain subdued in November as year ends Low housing affordability and short home supply remain hurdles for home buyers LOS ANGELES (Dec. 17) – Slower price gains and the lowest interest rates in nearly two years did little to spur November home sales as low housing [...]
Wed, Dec 17, 2014, Continue reading at the source
For release:November 24, 2014 HUD Secretary Julián Castro stresses need for expanding credit and reforming housing finance system at C.A.R.'s inaugural Real Estate Summit LOS ANGELES (Nov. 24) – An audience of nearly 300 real estate executives and practitioners, industry stakeholders, economists, and policymakers gathered this month in Los Angeles for the [...]
Tue, Dec 16, 2014, Continue reading at the source
Commercial Real Estate Prices
Here is a price index for commercial real estate that I follow. From CoStar: Commercial Real Estate Prices Post Steady Gains In October CRE PRICES ROSE STEADILY IN OCTOBER, SUPPORTED BY BROAD BASE OF POSITIVE TRENDS. Most major property types continued to benefit from minimal speculative construction, a firming [...]
Thu, Dec 18, 2014, Continue reading at the source
LA Area Port Traffic
Note: West coast ports were impacted by a trucker strike in November, and ongoing labor negotiations (and some slowdown). The trucker strike ended after 9 days on November 22nd.Container traffic gives us an idea about the volume of goods being exported and imported - and possibly some hints about [...]
Thu, Dec 18, 2014, Continue reading at the source
ISM PMI
From the Philly Fed: December Manufacturing Survey The survey's broadest measure of manufacturing conditions, the diffusion index of current activity, decreased 16 points, from a reading of 40.8 in November to 24.5 this month ... The new orders [to 19.7] and current shipments indexes also weakened significantly.... The current [...]
Thu, Dec 18, 2014, Continue reading at the source
From the DOL reported:In the week ending December 13, the advance figure for seasonally adjusted initial claims was 289,000, a decrease of 6,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 294,000 to 295,000. The 4-week moving average was 298,750, a decrease [...]
Thu, Dec 18, 2014, Continue reading at the source
Apparently home buyers didn't get the memo about buying California real estate. November home sales tumbled to their lowest November showing dating back to 2007. When real estate markets turn, you will always see sales volume dry up first before any price changes. We are already seeing [...]
Wed, Dec 17, 2014, Continue reading at the source
Who doesn't like a good deal when it comes to buying real estate? Since some people believe every area in L.A. County is undergoing ubiquitous gentrification I wanted to throw some good deals your way. Now some of you might balk at the city and the bars on the window [...]
Mon, Dec 15, 2014, Continue reading at the source
The Federal Reserve conducted a study on Millennials and tried to ascertain why so many of them are living at home. Is it too much student debt? Lower incomes? Or is it that home prices are simply unaffordable? The study finds that all of these factors have a big impact [...]
Thu, Dec 11, 2014, Continue reading at the source
Flipping is only lucrative on a large scale when you have a strong uptrend in real estate. It is hard to make a sizable profit when markets are more fluid especially when appreciation rates are tied to more historical standards. But California is destined for at least our lifetimes to [...]
Mon, Dec 08, 2014, 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
Real Estate Search for Smart Phones & Tablets
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The Information You Need from Day One in The Home Buying Process. Real Estate Search and Touch Navigation for your Smart Phone and Tablet Computer.