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Moorpark, CA Real Estate News

By Paul Lefton, Simi Valley Home Loans
(Core Financial Soultions, Inc)
Tuesday's bond market has opened in positive territory as stocks show another round of losses. The stock markets are again posting early weakness with the Dow down 91 points and the Nasdaq down 17 points. The bond market is currently up 6/32, which will likely improve this morning's mortgage rates by approximately .125 of a discount point.September's Industrial Production report was released mid-morning today, revealing a 0.1% rise in output at U.S. factories, mines and utilities. This matched forecasts and has not had much of an impact on the markets this morning. Tomorrow brings us three events to watch. The first is September's Consumer Price Index (CPI) at 8:40 AM ET. This index measures inflationary pressures at the consumer level of the economy and is one of the most important rep...
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By Paul Lefton, Simi Valley Home Loans
(Core Financial Soultions, Inc)
Wednesday's bond market has opened down slightly despite stock weakness. The stock markets are showing sizable losses with the Dow down 82 and the Nasdaq nearly unchanged. The bond market is currently down 2/32, which will likely push this morning's mortgage rates higher by approximately .125 of a discount point.There is no relevant economic data sched uled for release today. The Fed posted the minutes from their last FOMC meeting yesterday afternoon. They gave investors reason to believe that more rate cuts are coming in the near future. This led to a stock market rally late yesterday, but did not affect mortgage rates by much.The first economic data of the week will be posted early tomorrow morning. August's Goods and Services Trade Balance will be released that day, but is not likely...
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By Paul Lefton, Simi Valley Home Loans
(Core Financial Soultions, Inc)
Tuesday's bond market has opened in positive territory as yesterday's buying seems to be carrying over to today. There was no relevant economic news scheduled for today, but early stock weakness is also contributing to this morning's gains. The stock markets are showing losses with the Dow down 46 points and the Nasdaq down 3 points. The bond market is currently up 8/32, which will likely improve this morning's mortgage rates by approximately .125 of a discount point over yesterday's morning rates. There is no further important economic news scheduled for release until Thursday morning. Until then, expect the stock markets to heavily influence bond trading. With the major stock indexes on a recent rally, there is some expectation of a pullback. This could lead to shifting of funds back ...
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By Ana Zepeda, DRE LIC# 01039054
(Troop Real Estate )
 Call Us For A Free List Of Homes In Foreclosure Moorpark, Ca Real Estate Homes For Sale   As Ana Zepeda and Associates we continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends. Below you will find Moorpark real estate statistics for the week of 6/20/10 thru 6/27/10.     New homes on the market: 13 Number of homes back on the market: 6 Number of homes entering escrow: 14 Number of homes closing escrow (sold) 12 Number of homes expiring: 2     To receive free valuable information about the value of your home or if you would like a free list of homes for sale in this area, please visit: http://www.anazepeda.com/   If you would like more information about Moorpark or a specific neighborhood in Moorpark, then give us a call.    An...
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By Paul Lefton, Simi Valley Home Loans
(Core Financial Soultions, Inc)
Tuesday's bond market has opened in positive territory following a much weaker than expected consumer confidence reading. The stock markets are posting moderate gains again with the Dow up 17 points and the Nasdaq up 5 points. The bond market is currently up 8/32, which will likely improve this morning's mortgage rates by approximately .125 of a discount point.The Conference Board posted their Consumer Confidence Index (CCI) for September late this morning, showing a reading of 99.8. This was much lower than the 104.5 that was expected and was the lowest reading since November 2005. That indicates that consumers were far less confident in their own financial situations than many had thought. This is good news for the bond market and mortgage rates because waning confidence usually trans...
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By Paul Lefton, Simi Valley Home Loans
(Core Financial Soultions, Inc)
 Thursday's bond market has opened well in negative territory despite weaker than expected economic news. The stock markets are down slightly with the Dow down 12 points and the Nasdaq down 4 points. The bond market is currently down 18/32, which will likely push this morning's mortgage rates higher by approximately .250 - .375 of a discount point. The Conference Board reported a much weaker than expected reading in its Leading Economic Indicators (LEI) for August. They said that the index fell 0.6%, indicating that economic activity may slow relatively quickly during the next three to six months. This is good news for the bond market and mortgage rates. However, tempering its impact on bonds today was a 0.3% upward revision to July's reading. But even with the large drop, bonds have no...
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Active 04/09/07Listing # 70002749502 Spring Rd #125 Moorpark, CA 93021-2047Listing Price: $364,999County: VenturaMap: 496, F2 Prop TypeResidentialProp Subtype(s)AttachedAreaMoorpark SouthTract CodePark Springs-229Beds3Approx Square Feet1038 Title Co.Baths2Price/Sq Ft351.64Year Built1978Lot Sq Ft (approx)3049APN5120190415Lot Acres (approx)0.070DOM163 Marketing Remark  Stunning end unit townhome located in prime location in the beautiful Park Springs Community, close to shopping, parks, restaurants & distinguished Moorpark Schools! Upgraded kitchen & baths with beautiful corian countertops, gorgeous ceramic tile flooring throughout, warm and cozy fireplace w/granite finish and oak wood mantle, new carpet in all 3 bedrooms, fresh new paint, laundry area in unit, 2- 1 car enclosed garages +...
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By Paul Lefton, Simi Valley Home Loans
(Core Financial Soultions, Inc)
TUESDAY AFTERNOON UPDATE:Today's FOMC meeting adjourned with an announcement of a rate cut of a half point. This move didn't come as a surprise to many analysts, but was the first reduction since June 2003. The stock markets have reacted favorably with the Dow now up 230 points and the Nasdaq up 50 points. The bond market initially tanked after the news, but has since recovered those losses to remain near this morning's level. We may see an afternoon improvement to mortgage rates if bonds can remain near their current levels.The post meeting statement indicated that the Fed was concerned about the impact that the credit-tightening crisis could have on the economy. However, they also mentioned that some inflation concerns still remain but that they would be watched closely.The result see...
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By Paul Lefton, Simi Valley Home Loans
(Core Financial Soultions, Inc)
Tuesday's bond market has opened in negative territory following the release of this morning's inflation data. The stock markets are posting early gains with the Dow up 70 points and the Nasdaq up 8 points. The bond market is currently down 7/32, but I am not expecting to see much of a change in this morning's mortgage rates as lenders wait for the results of today's FOMC meeting before making significant changes.The Labor Department reported that August's Producer Price Index (PPI) fell a whopping 1.2% when it was expected to drop 0.3%. However, the core data reading rose 0.2%, exceeding forecasts of a 0.1% increase. This means that the more stable and therefore more important core data showed slightly higher levels of inflationary pressures than analysts had expected. This is consider...
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By Paul Lefton, Simi Valley Home Loans
(Core Financial Soultions, Inc)
 Tuesday's bond market has opened in negative territory following early stock market gains. The stock markets are currently rallying with the Dow up 135 points and the Nasdaq up 25 points. The bond market is currently down 5/32, but I don't believe we will see much of a chance in this morning's mortgage rates. Today's only data was July's Goods and Services Trade Balance report that showed the U.S. trade deficit stood at $59.2 billion. This was very close to forecasts and due to the lack of attention this data gets directly by bond traders, it has not had an effect on this morning's trading.There is no relevant data scheduled for release tomorrow or Thursday. Friday brings us the release of three pieces of news that could affect mortgage rates. In the meantime, there is a 10-year Treasu...
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By Joni Parkinson, Realtor, Moorpark Real Estate, Simi Valley Real Estate, Moorpark
(American Homes, Real Estate)
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By Paul Lefton, Simi Valley Home Loans
(Core Financial Soultions, Inc)
 Thursday's bond market has opened down slightly following a stock market rebound. The Dow is currently up 59 points while the Nasdaq has gained 10 points. The bond market is currently down 6/32, but we will likely still see an improvement in this morning's mortgage rates of approximately .250 of a discount point due to strength in bonds late yesterday.Today's only important news was the revised 2nd Quarter Productivity numbers that showed productivity actually rose at 2.4% annual rate in the second quarter. This was a sizable upward revision from the original reading and stronger than analysts had expected. That is good news for bonds and mortgage rates, but seems to be ignored in today's trading.Yesterday afternoon's release of the Fed Beige Book did give some insight to the effect th...
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By Joni Parkinson, Realtor, Moorpark Real Estate, Simi Valley Real Estate, Moorpark
(American Homes, Real Estate)
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By Paul Lefton, Simi Valley Home Loans
(Core Financial Soultions, Inc)
Tuesday's bond market has opened in positive territory following the release of this morning's economic news and early stock losses. The stock markets are showing sizable losses with the Dow down 140 points and the Nasdaq down 33 points. The bond market is currently up 7/32, which will likely improve this morning's mortgage rates slightly.The Conference Board posted this month's Consumer Confidence Index (CCI) late this morning, reporting a reading of 105.0. This was a little higher than the 104.5 that was expected but still was the largest monthly drop since September 2005. This indicates that consumers are much less confident in their own financial situations than last month and are less likely to make larger purchases in the near future. This is good news for bonds and mortgage rates...
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By Joni Parkinson, Realtor, Moorpark Real Estate, Simi Valley Real Estate, Moorpark
(American Homes, Real Estate)
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By Paul Lefton, Simi Valley Home Loans
(Core Financial Soultions, Inc)
 Friday's bond market has opened up slightly despite the release of stronger than expected economic news. The stock markets are showing early gains with the Dow up 38 points and the Nasdaq up 2 points. The bond market is currently up 3/32, which will likely keep this morning's mortgage rates close to yesterday's levels.The first of today's two releases came from the Commerce Department who said that new orders for durable goods rose 5.9% last month. This greatly exceeded analysts' forecasts and indicates that the manufacturing sector was stronger than thought. This is considered to be bad news for bonds, but the renewed credit related concerns in the markets have helped prevent early bond losses.Also posted this morning was July's New Home Sales data that showed a 2.8% increase in sales...
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By Paul Lefton, Simi Valley Home Loans
(Core Financial Soultions, Inc)
Tuesday's bond market has opened in positive territory again as investors seek safe-haven from stock volatility. The stock markets are showing small gains with the Dow up 25 points and the Nasdaq up 10 points. The bond market is currently up 9/32, which will likely improve this morning's mortgage rates by approximately .250 of a discount point.There is no relevant economic data scheduled for release today or tomorrow. This will likely leave bonds to be driven by stock markets moves and concerns. If stocks move higher later today and tomorrow, we could see bonds suffer and mortgage rates inch higher. If the major indexes fall, mortgage rates could follow suit. However, I am still holding the lock recommendations for the time being.There really is no important economic news scheduled for ...
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By Aurelia Ayon, Simi Valley Real Estate, Homes
(American Homes Real Estate)
Address:   15477 Dracena Ave    City/ST:   Moorpark, CA   Zip Code:   93021   Location:   Moorpark Homes (800) 905-9144 1% Full Service   Property Type:   Single Family Home   New or Resale:   Resale    Square Footage:   1830   Bedrooms:   4   Bathrooms:   2 full, 1 half   MLS#   70007232    Beautiful Home in Desirable Community! This home features beautiful upgraded marble fireplace in living room, new paint throughout the entire home, upgraded counter tops & back splash in kitchen, crown molding throughout, breathtaking front & back landscaping, good size balcony off master & so much more! Too much to mention, must see!CONTACT AMERICAN HOMES FOR A SHOWI...
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By Paul Lefton, Simi Valley Home Loans
(Core Financial Soultions, Inc)
Thursday's bond market has opened in positive territory due mostly to early stock losses. The stock markets are reacting to more credit concerns and overseas losses with the Dow down 134 points and the Nasdaq down 22 points. The bond market is currently up 16.32, but we will still see an increase in this morning's mortgage rates of approximately .250 of a discount point.The Commerce Department reported this morning that starts of new homes fell 6.1% last month, reaching a their lowest level since January 1997. This indicates that the housing sector is still weakening, which is good news for bonds. However, this data usually does not have much of an impact on mortgage rates and couldn't prevent this morning's increase in rates.The Labor Department said that new claims for unemployment be...
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