The Moxley Team

Pleasanton Homes & Pleasanton Neighborhoods

It’s In The News… Do You Know Your Loan?

“Clearly, many homeowners are unfamiliar about their mortgages,” said Bankrate.com senior financial analyst Greg McBride. 57 percent of homeowners surveyed have a fixed-rate loan, 38 percent polled said in the future they would avoid any type of ARM products when purchasing a home. This survey conducted by Bankrate.com (BankRate Inc.) estimated that 34 percent of [...]

February Real Estate Was Highest in Three Years

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 [...]

Fed Rate Update!

Yesterday the Federal Reserve met and left the key federal funds rate at 5.25%- There has been no change since last June! Regarding the future of any changes to the rate, the Fed took a neutral stance than in previous statments. Some point to this as a possibility of the Fed cutting rates in the [...]

The Weather Caused a ‘Cooling’ January Market!

Pending home sales declined 4.1 percent in January following a strong upturn in December because of unfavorable weather patterns, according to the NATIONAL ASSOCIATION OF REALTORS®. Aside from December, which got a lift from mild weather, the January index was the highest since last August. More There has been a narrowing trend from year-ago levels [...]

March 2007 Housing Update

As we always do at the beginning of the month we have created the housing update for the previous month. Charting the Sold homes in comparison to the amount of homes available at the end of the month. Click here to view this report and the direction the housing market is going.Â

Home Sales at Highest Level in 7 Months

Sales of existing homes rose in January, reaching the highest level in seven months, according to the NATIONAL ASSOCIATION OF REALTORS®. Total existing-home sales — including single family, townhomes, condominiums, and co-ops — increased 3 percent to a seasonally adjusted annual rate of 6.46 million units in January from an upwardly revised pace of 6.27 [...]

39 Years of Price Gains

Despite all the news headlines over the past year about the housing market bubble and housing market slump, the final figures for 2006 actually look quite respectable. Home prices squeaked out a gain of 1.1% for the year. That means that in the 39 years of the National Association of Realtors tracking sales and prices, [...]

4th Quarter Marks ‘Bottom of Housing Cycle’

Existing-home sales in most states declined from year-ago levels in the fourth quarter, marking the likely bottom for the current housing cycle, according to the latest quarterly survey by the NATIONAL ASSOCIATION OF REALTORS®. Prices dipped slightly overall, as sellers were more willing to negotiate. “This information confirms 2006 was the year of contraction,” says [...]

2007 is Showing Strong Housing Stocks

Forbes Magazine money manager Kenneth L. Fisher discounts the notion of a soft landing. He says housing isn’t going to land at all — because it’s already accelerating. “In the last six months housing stocks are up 24 percent, well-ahead of the overall market,” Fisher says. “If housing were destined to fall apart in 2007, [...]

Steady Climb Seen for Home Sales

Buyers are beginning to respond to more favorable housing market conditions, with existing home sales expected to steadily increase into 2008, according to the latest forecast by the NATIONAL ASSOCIATION OF REALTORS®. “After reaching what appears to be the bottom in the fourth quarter of 2006, we expect existing-home sales to gradually rise all this [...]

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  • The Moxley Team: Thanks for the insight Tom. There will be more news coming out at future meetings with the city and...
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