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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.

Click on one of the images below in my Knowledge Hub to quickly and conveniently translate your Thoughts into Answers.

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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
The October meeting of the Federal Open Market Committee (FOMC) concluded with no surprises. As widely expected, the committee followed through on its September pledge to end asset purchases this month absent any significant deterioration in the economic outlook between the meetings. The committee reiterated its intention to keep the [...]
Wed, Oct 29, 2014, Continue reading at the source
The NAHB/Wells Fargo Housing Market Index (HMI) of builder sentiment fell five points in October to a level of 54. Any value above 50 means more builders see the market favorably over those who see unfavorable conditions. The drop was from a nine-year high of 59 in August and returns [...]
Wed, Oct 29, 2014, Continue reading at the source
Recently released data by Standard and Poor's (S&P) and Case-Shiller indicates that its measure of house prices, the House Price Index – National, rose by 5.1% on a year-over-year seasonally adjusted basis (5.1% on a not seasonally adjusted basis). This is the 28th consecutive month of year-over-year increases in the [...]
Tue, Oct 28, 2014, Continue reading at the source
The seasonally adjusted homeownership rate, according to Census Bureau's quarterly survey, was 64.3% in the third quarter of 2014, down from the prior quarter and the reading from one year ago. The homeownership rate remains below the historical 20-year average of 66.9% and has not been this low since the [...]
Tue, Oct 28, 2014, Continue reading at the source
For release:October 28, 2014 Pending home sales reverse five-month decline to tick higher in September LOS ANGELES (Oct. 28) – California pending home sales rose higher in September to post the first increase in six months, reversing the sales drop usually observed between August and September. Meanwhile, equity home sales made [...]
Tue, Oct 28, 2014, Continue reading at the source
Todays_re_news
Los Angeles Times: Federal rules are deterring banks from approving more home loansBy Tim LoganFederal regulators last week took their biggest steps yet to grease the wheels for borrowers, lowering down payment requirements on federally insured mortgages to 3.5% and issuing new rules for what qualifies as a safe loan. [...]
Mon, Oct 27, 2014, Continue reading at the source
For release:October 23, 2014 Millennials haven't written off homeownership; more than half expect to buy within five years, C.A.R. survey finds LOS ANGELES (Oct. 23) – Contrary to popular belief, millennials still highly value homeownership, and a majority expect to buy a home in the next five years, according to a CALIFORNIA [...]
Thu, Oct 23, 2014, Continue reading at the source
For release:October 22, 2014 California home sales maintain pace in September as price gains temper and market balances LOS ANGELES (Oct. 22) – California home sales remained steady in September, as home price gains eased back from an unusually high increase in August, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today. [...]
Wed, Oct 22, 2014, Continue reading at the source
From the Atlanta Fed GDPNow: The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2014 was 2.7 percent on October 28From Chico Harlan at the WaPo: Tomorrow's GDP numbers will give a better read on the U.S. economyMany economists now say that [...]
Wed, Oct 29, 2014, Continue reading at the source
From housing economist Tom Lawler:Yesterday the Census Bureau released the “Residential Vacancies and Homeownership” Report (commonly referred to as the Housing Vacancy Survey, or HVS) for the third quarter of 2014. The HVS is based on a relatively small sample of housing units, still uses an outdated “sampling frame,” [...]
Wed, Oct 29, 2014, Continue reading at the source
QE3 ends. Considerable time until first rate hike. Labor market upgraded from "significant underutilization" to "underutilization". FOMC Statement:Information received since the Federal Open Market Committee met in September suggests that economic activity is expanding at a moderate pace. Labor market conditions improved somewhat further, with solid job gains [...]
Wed, Oct 29, 2014, Continue reading at the source
Fannie Freddie Seriously Delinquent Rate
Freddie Mac reported that the Single-Family serious delinquency rate declined in September to 1.96% from 1.98% in August. Freddie's rate is down from 2.58% in September 2013, and this is the lowest level since December 2008. Freddie's serious delinquency rate peaked in February 2010 at 4.20%. These are mortgage [...]
Wed, Oct 29, 2014, Continue reading at the source
There are bigger implications to the economy when rental rates are increasing at a rate faster than wage growth. This is important because we have added 7 million renting households in the last few years. For the moment, it simply looks like more money is going to be [...]
Mon, Oct 27, 2014, Continue reading at the source
Whenever we see an analysis of the benefits of buying a home there is always this underlying assumption that you will stay put in the same residence for a long duration. Of course, most people in places like California hop on and off the property ladder game multiple times. Repeat [...]
Fri, Oct 24, 2014, Continue reading at the source
If you had to write two chapters on the housing market between say 2000 and 2007 and one between 2007 and 2014 both would look incredibly different. One was guided by massive exuberance and a populist movement of giving money to anyone with a pulse. The latest chapter is one [...]
Tue, Oct 21, 2014, Continue reading at the source
There was an odd sort of rejoicing last week in the midst of market volatility. Housing starts jumped but the people pointing at this failed to grasp that a large reason for this was because of multi-family housing starts. In other words, the demand is reflecting a nation [...]
Sat, Oct 18, 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.