Looking for property

Hi All,
I sold my personal residence and am looking for a home in either Folsom or El Dorado Hills.  1800-2500 sq.ft. 4 bedroom, 3 car garage. $400,000 max.  Let me know if you have anything available. Will be closed first of February.
Thanks
Gidget

Mortgage Success

 


February 27, 2013

Last Week in Review

The debate within the Fed about whether to continue their latest round of bond buying, known as Quantitative Easing, continues.


Table Source: Mortgage Success Source


What is Quantitative Easing?
Quantitative Easing is the concept of the Fed becoming a buyer of Treasuries and bonds to try to stimulate the economy.

Why does the Fed do Quantitative Easing?
Often, the Fed does Quantitative Easing to create inflation and avoid a deflationary economy. It’s also used to help lower the unemployment rate and boost stock prices. For this latest round, the Fed especially wanted to help stimulate the housing market and our economy overall.

The housing market has shown signs of improvement lately. While housing starts in January declined overall, single family housing starts rose to their highest rate since July 2008. Building permits, a sign of future construction, also came in above expectations. These reports were the latest in a series of reports showing that the housing market is recovering.

Last week, the minutes from the Fed’s January meeting of the Federal Open Market Committee noted that several Fed members would like to halt the Quantitative Easing program sooner than planned, because they are concerned about inflation. However, it’s important to note that last week’s Producer and Consumer Price Index Reports showed that inflation at both the wholesale and consumer levels remained moderate in January.

On the reverse side, other Fed members are concerned that halting the program too soon could end the recovery in the housing market, and hinder our economic recovery overall.

The biggest take away is that home loan rates continue to remain near historic lows.

Forecast for the week

A busy week of reports is ahead, with news on housing, manufacturing, consumer sentiment, U.S. growth and inflation.

  • The week starts and ends with a measure of how the consumer is feeling with yesterday’s Consumer Confidence Report and last week’s Consumer Sentiment Index.
  • Look for Pending Home Sales today.
  • We’ll get a sense of how the economy is doing with today’s Durable Goods Orders, which measures orders for products used for an extended period of time, and this week’s Gross Domestic Product, the biggest picture of economic activity.
  • Also later this week Weekly Initial Jobless Claims will be reported.
  • Late in the week also brings Personal Consumption Expenditures, the Fed’s favorite measure of inflation, along with Personal Income and Spending and the ISM Index.
Remember: Weak economic news normally causes money to flow out of stocks and into bonds, helping bonds and home loan rates improve, while strong economic news normally has the opposite result.
 
As you can see in the chart below and as mentioned above, inflation continues to remain moderate. Remember that inflation negatively affects bonds because it hurts the value of fixed investments like bonds.

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$2 for rent
Sq Ft: 11292 | Acres: 0.60 | Built: 1989 | MLS ID: 22015646 | Status: Active
MOVE IN SPECIAL!! Reduced from $2.00 PSF/Mo. to $1.75 PSF/Mo. for first 6 months, then adjust to market rate. Call now! Beautiful glass-lined two story building. ADA compliant, elevator. Visible from Highway 101, one block from Petaluma Valley Hospital. This was formerly an insurance firm consisting of a reception/office area surrounded by two offices.
$650 for rent
MLS ID: 20030523 | Status: Active
FOR LEASE - Prestigious office building along Cameron Park Drive overlooking the Cameron Park airport. Ideal for professionals or? Four or five separate offices available to lease.
$2,000 for rent
Beds: 1 | Bath: 1 | Sq Ft: 500 | Acres: 0.16 | Built: 1965 | MLS ID: ML81866533 | Status: Active
$2000 monthly rent. Security deposit to be $2500 (depending on financial background and credit). 1 bedroom 1 bath downstairs basement flat of a single family home (upstairs rented separately). Shared laundry washer and dryer in the garage (not coin operated). Completely remodeled in 2019. 500 approximate square feet (unverified). Engineered vinyl floors throughout the property. Located near great schools and parks. One car parking in the garage and an additional parking space in the driveway. Utilities to be split with the tenant upstairs on a per person basis. Plenty of street parking throughout the neighborhood for guests. Individual electric wall heaters. Recessed lighting throughout. Large backyard. Gorgeous View. Equal housing opportun
$2,000 for rent
Beds: 1 | Bath: 1 | Sq Ft: 500 | Acres: 0.09 | Built: 1979 | MLS ID: ML81866536 | Status: Active
$2000 monthly rent. Security deposit to be $2500 (depending on financial background and credit). 1 bedroom 1 bath downstairs basement flat of a single family home (upstairs rented separately). Exclusive laundry room for the downstairs unit (not coin operated). Modern, light and bright. 500 approximate square feet (unverified). Engineered vinyl floors throughout the property. Located near great grocers, schools and parks. One car parking in the garage and an additional parking space in the driveway. Utilities to be split with the tenant upstairs on a per person basis. One car assigned parking space in the driveway. Individual electric wall heaters. Recessed lighting throughout. Large backyard. Equal housing opportunity for all. For additiona
$2,250 for rent
Beds: 2 | Bath: 1 | Sq Ft: 550 | Acres: 0.07 | Built: 1925 | MLS ID: ML81866532 | Status: Active
$2250 monthly rent. $2750 security deposit. 6 month lease minimum. Property is the downstairs unit of a single family home. 2 bedroom 1 bath apartment. Kitchenette with counters cabinets and sink. (No stove, oven or dishwasher). Street Parking only. 550 sq ft (approx. not verified). Hardwood Floors throughout the apartment. Laundry to be done off site, no washer and dryer. Utilities to be split per occupant with the occupants of upstairs. No smoking. Backyard shared with upstairs tenant. Garage and driveway for the upstairs tenant use only. Equal Housing Opportunity
$2,547 for rent
Sq Ft: 961 | Acres: 0.47 | Built: 1990 | MLS ID: 321056295 | Status: Active
Elite Partners Commercial is proud to present this great primary location or satellite office for your next practice! Ideally located and designed for a medical and professional office and right across the street from strong national retailers and restaurants at the Solano Town Center, this is a convenient location for you and your patients. High visibility to pedestrian and motor traffic. Highlights: 1700 Pennsylvania Ave | Fairfield, CA - Professional Office I Approx 961 SF - 2 Private Exam Rooms - 1 Small Private Office - Great Primary or Satellite Office - High Visibility to Pedestrian & Motor Traffic - Strong national retailers and restaurants across the Street at Solano Town Center - Freestanding building with on-sit
$2,800 for rent
Beds: 2 | Bath: 1 | Sq Ft: 800 | Acres: 0.17 | Built: 1974 | MLS ID: ML81860814 | Status: Active
2 bedroom/1bath. Approximately 800 sq ft (unverified). New engineered flooring throughout. 1 car covered parking space. Unit located on the 2nd floor. 5 unit building. Landlord pays for hot water, sewer, waste disposal and landscaping. Tenant pays for gas, electricity and cable/internet and percentage of building water use. Fireplace in living room. Coin operated laundry room shared with building. Baseboard electric heating. Refrigerator, stove/oven and dishwasher included. Close walk to CalTrain, and both San Mateo & Burlingame DownTowns. Beautiful tree lined street. Professionally landscaped front yard. Quiet, well managed and maintained building. Great neighborhood. No smoking. Equal Housing Opportunity.
$3,500 for rent
Beds: 3 | Bath: 2 | Sq Ft: 1902 | Acres: 0.36 | Built: 1991 | MLS ID: 22030326 | Status: Active
A gorgeous home waiting for the perfect renters. Vaulted ceilings, beautiful natural lighting throughout, custom moldings, Tile/Carpet floors. Bathrooms have recently updated Carrera Marble showers, slab countertops, lighted mirrors and more. This home hosts a huge yard for entertaining and has water views from the front yard. Built in storage in the garage, tool bench, extra refrigerator and washer/dryer in the garage. A must see! 3,500.mo
$3,841 for rent
Sq Ft: 11292 | Acres: 0.60 | Built: 1989 | MLS ID: 21925341 | Status: Active
MOVE IN SPECIAL!! Reduced from $2.00 PSF/Mo. to $1.75 PSF/Mo. for first 6 months, then adjust to market rate. Call now! Beautiful glass-lined two story building. ADA compliant, elevator. Visible from Highway 101, one block from Petaluma Valley Hospital. Landlord pays gas and water, Lessee pays electricity.
$5,900 for rent
Beds: 3 | Bath: 3 | Sq Ft: 2300 | Acres: 0.26 | Built: 1958 | MLS ID: 321090457 | Status: Active
***9/25/21 Temporary of market for showings until the middle of next week. ***Enchanted Knolls neighborhood minutes from conveniences and easy travel to San Francisco. When selecting the perfect location this Mid-Century home has it all! 3 Bedrooms, remodeled open kitchen with Jenn-Air Gas cook-top, Quartz solid surface counters, tile backsplash, pantry, open living area, deck to enjoy outdoor dining and entertaining. Stay comfortable throughout the year with Central Heat & A/C. Energy Efficient Tankless Water Heater and Dual Pane Windows. Wood Floors, cozy fireplace, wood beam ceilings, storage, and more. Natural light fills the living space. Spacious laundry utility room makes being organized a breeze. Off-street 4-car parking. Available
$12,000
Sq Ft: 18731 | Acres: 0.43 | MLS ID: 20211342 | Status: Active
.43 acre downslope lot in Cedar Ridge Subdivision.
$15,000
Acres: 0.51 | MLS ID: 20190685 | Status: Active
Two adjoining parcels with power right there and community water. Both lots to be sold together. Price is for both lots. Total acreage of both is .77 of an acre. Flat lots, need some brush clearing but otherwise ready for development. Located in an area that is close to several beautiful mountain lakes including Little Grass Valley lake, Lost lake, Sly creek reservoir, great snowmobiling in those areas too. Also close to Bullards bar dam lake and there are so many great outdoor things to do in this area.
$17,500
Acres: 0.20 | MLS ID: 20162562 | Status: Active
A great solution to the lack of affordable houses in the Foothills, build your own! Watch the youtube video, see the beautiful lake! Watch the Youtube video! https://youtu.be/qJXnWIye9LU This lot will be inexpensive to develop, water from the private water system is right there at the property, no need for a well drilling. Power is right there at the property, paved road access. Only minutes to Lake Frances, post office and restaurant and school. This could be an investor opportunity as well! This is the least expensive lot for sale for miles around!
$17,500
Acres: 0.20 | MLS ID: 20162562 | Status: Active
A great solution to the lack of affordable houses in the Foothills, build your own! Watch the youtube video, see the beautiful lake! Watch the Youtube video! https://youtu.be/qJXnWIye9LU This lot will be inexpensive to develop, water from the private water system is right there at the property, no need for a well drilling. Power is right there at the property, paved road access. Only minutes to Lake Frances, post office and restaurant and school. This could be an investor opportunity as well! This is the least expensive lot for sale for miles around!
$18,000
Acres: 0.24 | MLS ID: LC21228527 | Status: Active
Great price on this beautiful ready to build lot. Most level lot with nice lakeview . Best of all no homes are on the 62+/- ACRE LOT that is behind this lot.
$18,500
Acres: 0.11 | MLS ID: 321089258 | Status: Active
4,691 sq ft Lot in Nice
$19,000
Acres: 0.33 | MLS ID: 20925811 | Status: Active
Nice build able lot in court location.
$19,500
Acres: 0.46 | MLS ID: LC20154710 | Status: Active
Peak a boo view of the lake depending on house size. Golf course near by. Excellent location, surrounded by very nice homes. A Down sloped lot 0.46 of an acre, situated in Clear Lake Riviera which is nestled within the slopes of Mount Konocti. Close to shops, restaurants, golf club with pool and your only a few minutes from a great Food Market ,Pizza store, coffee place, bakery, Gym, postal store, salon, restaurant, and bar w/music on weekends. Marina for water sports.
$19,950
Beds: 2 | Bath: 3 | Sq Ft: 1100 | Built: 1969 | MLS ID: LC21116369 | Status: Active
WOW ! ! ! LOCATION LOCATION LOCATION..VERY NICE MOBILE HOME IN PARK WITH BEAUTIFUL LAWN AREA,ACCESS TO BEACH,DOCK ,PIER..BOAT SLIPS AVAILABLE FOR RENT..GREAT FULL TIME HOME OR A FUN WEEKEND DESTINATION..THIS HOME IS REDY TO MOVE INTO NOW...THIS IS ACTUALLY A TWO BEDROOM WITH TWO EXTRA ROOMS WITH BEDS.....
$20,000
Acres: 0.30 | MLS ID: LC19142383 | Status: Active
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