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February Real Estate Was Highest in Three Years

March 23, 2007

Existing-home sales rose strongly in February reaching the highest level since last April, and follows a healthy gain from January, according to the NATIONAL ASSOCIATION OF REALTORS®. This report was just released by the NAR and points to a strong 2007 coming sooner than expected from previous forecasts. Pleasanton Real Estate had good numbers too for the month of February. In Pleasanton 47 homes were sold for February 2007 compared to 28 in February 2006. Last month’s increase was the biggest monthly rise in three years — sales last rose 3.9 percent in March 2004 on national numbers. If you have been waiting for the market to pick up before buying a home or putting yours on the market; 2007 was projected to be a great year and we are starting to see a change in the market now.

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  • The Moxley Team

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