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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.

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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. ...

 

 

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
The volume of residential AD&C loans outstanding expanded 4.8% during the first quarter of 2015, marking the 8th consecutive quarter of growth. The tight availability of acquisition, development and construction (AD&C) loans has been a factor holding back a stronger rebound in home construction. According to data from the FDIC [...]
Wed, May 27, 2015, Continue reading at the source
In a May 2015 survey conducted by NAHB, 62 percent of builders reported that the overall supply of developed lots in their areas was low to very low, up 2 percent from May 2014, but up from 43 percent in September 2012. Sixty-two percent is the largest low supply [...]
Wed, May 27, 2015, Continue reading at the source
April new home sales reversed the one month drop in March to an annualized level of 517,000 as reported by the Census Bureau and HUD. The 6.8% increase from March puts the level at slightly better than the first quarter average of 514,000 and much better (26%) than last year's [...]
Tue, May 26, 2015, Continue reading at the source
According to NAHB analysis of the most recent Census data of Starts and Completions by Purpose and Design, single-family attached starts totaled 14,000 for the first quarter of 2015, effectively unchanged from a year prior. Over the last four quarters, townhouse starts totaled 73,000 nationwide. Using a one-year moving average, [...]
Mon, May 25, 2015, Continue reading at the source
For release:May 15, 2015Spring home-buying season off to strong start in April with third straight monthly and annual home sales and price increases LOS ANGELES (May 15) – California's housing market accelerated in April as the spring home-buying season kicked off with both higher home sales and prices for the third [...]
Tue, May 26, 2015, Continue reading at the source
For release:April 10, 2015 New C.A.R ad campaign connects the dots between REALTORS® and local businesses LOS ANGELES (April 10) – The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) launched its 2015 consumer advertising campaign this week, with new television and radio commercials and several social media and digital components. The commercials continue the [...]
Tue, May 26, 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®' [...]
Tue, May 26, 2015, Continue reading at the source
For release:May 6, 2015 As housing market improves, investors shift to multifamily investments, C.A.R. survey finds Good price tops main reason to buy now LOS ANGELES (May 6) – With the depletion of available distressed homes on the market over the past two years, more investors are shifting to investing in [...]
Tue, May 26, 2015, Continue reading at the source
From Reuters: EU officials dismiss Greek statement on aid agreement being draftedGreece's government on Wednesday said it is starting to draft an agreement with creditors that would pave the way for aid, but European officials quickly dismissed that as wishful thinking....But European Commission Vice President Valdis Dombrovskis said the two [...]
Wed, May 27, 2015, Continue reading at the source
The Case-Shiller house price indexes for March were released this yesterday. Zillow forecasts Case-Shiller a month early, and I like to check the Zillow forecasts since they have been pretty close.From Zillow: Expect More of the Same from Case-Shiller in AprilThe March S&P/Case-Shiller (SPCS) data published [yesterday] showed home [...]
Wed, May 27, 2015, Continue reading at the source
FDIC Problem Banks
The FDIC released the Quarterly Banking Profile for Q1 today: Commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation (FDIC) reported aggregate net income of $39.8 billion in the first quarter of 2015, up $2.6 billion (6.9 percent) from a year earlier. The increase in earnings was [...]
Wed, May 27, 2015, Continue reading at the source
State Unemployment
From the BLS: Regional and State Employment and Unemployment SummaryRegional and state unemployment rates were little changed in April. Twenty-three states and the District of Columbia had unemployment rate decreases from March, 11 states had increases, and 16 states had no change, the U.S. Bureau of Labor Statistics reported today.... [...]
Wed, May 27, 2015, Continue reading at the source
The story of 2015 continues to be one of a stalemate for the SoCal housing market. Prices in some areas are near or even higher from the previous peak. Yet inventory remains low and for many, prices are still beyond their reach. Investors are still a big [...]
Tue, May 26, 2015, Continue reading at the source
The most widely used measure for inflation is the Consumer Price Index (CPI) put out by the Bureau of Labor and Statistics (BLS). Nearly a decade ago I discussed how poorly a job the CPI did in measuring home price increases while they were happening. In fact, during [...]
Sat, May 23, 2015, Continue reading at the source
Housing inventory continues to remain tight across the United States. It would seem logical that home builders would be taking the plunge to build homes for future buyers. But that is a bet that is looking into the future. Builders continue to bet with their budgets that [...]
Mon, May 18, 2015, Continue reading at the source
One of the biggest reasons why people “need” to buy a home is to expand their family. And when I say expand, I mean having a baby. It is always interesting to see the carefully planned budgets but in many cases, daycare costs are not factored in or [...]
Fri, May 15, 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
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.