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.

13911 Ingersoll Dr, Dobbins, CA, 95935

13911 Ingersoll Dr, Dobbins, CA, 95935 < >
<< Photo 1 of 6 >>
for sale
$17,500
Lot Size:0.20 Acres
Status:Active
MLS #:20162562
Date Updated:
For information contact:
Gidget Foat
BRE #01516829
Get More Information
Go See This Home
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!
Interior Details
Bathrooms: 0.00Bedrooms: 0
Full Bathrooms: 0Half Bathrooms: 0

Exterior Details
Garage Space: 0Road Frontage : Private Road
Road Surface : PavedSewer-Septic : Septic Needed
Water : Private District

Community Information
School District County: Yuba

Property Information From MLS Data
Latitude: 39.365002Longitude: -121.210907
Public Remarks: 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!Horse Property : No
Irrigation : No IrrigationLot Square Footage: 8712.00

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Information obtained from CANCAOR is current as of 7/18/2018 7:15 AM. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.