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.

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.

My Recent Transactions

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Beds: 4 | Bath: 2 | Sq Ft: 1420 | Acres: 0.22 | Built: 1962 | MLS ID: 18045299 | Status: Sold
Updated move in ready charmer on a large lot in a cul-de-sac, RARE FIND. Kitchen Features: partial stainless steel appliances, Granite counters, Island, Large pantry. Great Room Concept with cozy wood burning fireplace for cold winter evenings. Step outside to an Oasis of fruit trees, grape vines, two pergolas and yes of coarse a Sparkling pool for those hot summer days. Huge lot with possible RV parking and a large grass area for the kids playground with a shed. Entertaining Backyard.
Listing provided courtesy of RE/MAX Gold El Dorado Hills
Beds: 4 | Bath: 2 | Sq Ft: 1554 | Acres: 0.24 | Built: 1971 | MLS ID: 18047202 | Status: Sold
Incredibly Darling move in ready home with so much to offer This home features 4 Bedrooms 2 Bathrooms living room, family room crown moulding. New carpet and paint in family room, updated home. Kitchen Features: Chef Kitchen, granite counters, beautiful cabinetry, huge back yard with a shed and another building great for an Art Studio or storage, separate RV Parking lots of trees,grass, garden, covered patio, very quaint &, relaxing. So much to offer perfect for a family. WON'T LAST LONG!
Listing provided courtesy of RE/MAX Gold El Dorado Hills
Beds: 3 | Bath: 2 | Sq Ft: 1340 | Acres: 0.14 | Built: 1989 | MLS ID: 18064532 | Status: Sold
Check out this Adorable Roseville Home! Home Features Large Family Room, Fireplace, Indoor Laundry, Plantation Shutters, Tile Flooring, Large Yard with Wood Decking and Newer Roof! This Lovely Home sits in a Mature Wooded Neighborhood with easy access to Shopping, Hwy Access and Top Rated Schools.
Listing provided courtesy of Realty One Group Complete
Beds: 2 | Bath: 2 | Sq Ft: 1413 | Acres: 0.16 | Built: 1989 | MLS ID: 18028101 | Status: Sold
Adorable 3 Bed 2 Bath home in the highly desired Dry Creek School District. Popular floor plan high ceilings with beautiful updates in the kitchen & bathrooms. Kitchen features stainless looking appliances granite counters. Laminate flooring and brand new carpet in all bedrooms. home has been freshly painted inside & out, roof installed 2015, HVAC 2005, Hot water heater 2018, kitchen and bath 2016. Quite neighborhood a relaxing back yard with patio. Wont Last long, bring your pickiest buyer
Listing provided courtesy of RE/MAX Gold El Dorado Hills
Beds: 3 | Bath: 2 | Sq Ft: 1608 | Acres: 0.19 | Built: 1981 | MLS ID: 18016655 | Status: Sold
Gourmet Chef's Kitchen w/ s/s appliances. Serene River Rock Master Shower. Saltwater Pool.
Listing provided courtesy of William Johnson, Broker
Beds: 2 | Bath: 1 | Sq Ft: 905 | Acres: 0.13 | Built: 1950 | MLS ID: 18019713 | Status: Sold
Adorable MOVE IN READY Home. Updated kitchen with Stainless looking appliances, granite counters tile floors. Refrigerator in kitchen stay. Bathroom updated tile shower & floors, Freshly Painted. BIG Back yard with fruit trees, covered patio, shed lots of room if you wanted to add a pool for the hot summer nights. Close to shopping restaurants,Golden One Center & River Cats stadium. Close drive to UC DAVIS & Sacramento State. Perfect starter home for the first time buyer.
Listing provided courtesy of RE/MAX Gold El Dorado Hills
Beds: 4 | Bath: 2 | Sq Ft: 1498 | Acres: 0.16 | Built: 1977 | MLS ID: 18011079 | Status: Sold
Desirable 4 bedroom/2 bath Rosemont home! Great for a first time home buyer or investor. Vaulted ceiling in the living room, family room with fireplace and charming kitchen with dining nook. Newer exterior stucco (2016) & comp roof installed in 2010. Nice backyard with covered patio, lush lawn area plus an orange tree.
Listing provided courtesy of RE/MAX Gold Sierra Oaks
Beds: 4 | Bath: 3 | Sq Ft: 2193 | Acres: 0.17 | Built: 1987 | MLS ID: 18011460 | Status: Sold
Highly sought after 4 bdrms/3 full bath home in Willow Creek. 1 bdrm & bath downstairs, spacious kitchen w/garden windows overlooking the backyard. Formal living/dining rms, family room w/gas fireplace, large master upstairs w/2 additional bdrms. 3 car garage. Hurry...this home won't last.
Listing provided courtesy of Lyon RE Folsom
Beds: 3 | Bath: 2 | Sq Ft: 1463 | Acres: 0.15 | Built: 2009 | MLS ID: 17077978 | Status: Sold
This is the one! Granite kitchen counter tops, stainless steel appliances (sale includes refrigerator!), upgraded cabinets, solid surface bath counters and plantation shutters! Master bath has a large soaking tub! Solar power installed! Covered patio with stained and stamped concrete, propane gas fire pit and alarm system! Come see this gem!
Listing provided courtesy of Realty One Group Complete
Beds: 4 | Bath: 3 | Sq Ft: 2642 | Acres: 5.00 | Built: 1983 | MLS ID: 17076673 | Status: Sold
As-is Sale. Family estate tucked away toward the end of Arroyo Vista Way with beautiful valley views. Remodel the interior to your style. Gorgeous natural landscape with 5 usable secluded acres for all to enjoy. RV Parking outside with connected septic and electric. Over-sized garage for RV's, boats, and other toys! Also great usable land for the home farmer, country living at its finest! Needs kitchen remodel, has a long dirt driveway.
Listing provided courtesy of Bearing Properties
Beds: 4 | Bath: 2 | Sq Ft: 2040 | Acres: 0.33 | Built: 1997 | MLS ID: 17050666 | Status: Sold
Exquisite Home in the sought after Eastwood Park Community.Rare find Single Story Most captivating custom home that exudes warmth & elegance, Custom cabinetry & wood look laminate flooring through out the home. Kitchen: Granite counters, stainless steel appliances open to family room.Plantation shutters,newer hot wtr htr, Amazing back yard , sparkling solar hted pebble-tech pool, separate spa, work shop, RV-boat accessible backs up to Nature Conservatory BLM land. Close to shopping & restaurant
Listing provided courtesy of RE/MAX Gold El Dorado Hills
Beds: 3 | Bath: 2.5 | Sq Ft: 1312 | Acres: 0.05 | Built: 2005 | MLS ID: 17040362 | Status: Sold
Darling home perfect for first time home buyers. Move in ready bring your pickiest buyers this home comes with washer & dryer & Refrigerator. Bamboo laminate flooring through out the home. Back yard features a stamped concrete patio and artificial grass for easy up keep. Walking distance to parks, shopping, and food. Conveniently located just minutes to down town and river access. This is a must see!
Listing provided courtesy of RE/MAX Gold El Dorado Hills
Beds: 3 | Bath: 2 | Sq Ft: 1424 | Acres: 0.19 | Built: 2003 | MLS ID: 17014314 | Status: Sold
A Little Bit of Heaven in the desired Plumas Lake Community. Home features great room concept Newer laminate wood flooring and carpet installed 2016. Huge back yard great for family play time and outdoor BBQ's. Garage has custom cabinetry. Move in ready home. This home is perfect for first time buyers
Listing provided courtesy of RE/MAX Gold El Dorado Hills
Beds: 2 | Bath: 2 | Sq Ft: 1120 | Acres: 0.01 | Built: 2007 | MLS ID: 16074812 | Status: Sold
Beautiful Condo in the well sought after El Dorado Hills Walking distance to Town Center lots of Restaurants,Movie Theater, Shopping, Outdoor concerts. This is the perfect location. conveniently located to the pool,spa & rec facilities. Sit on your balcony enjoy the local view with a nice cup of coffee. This property wont last long at this price.
Listing provided courtesy of RE/MAX Gold El Dorado Hills
Beds: 3 | Bath: 2 | Sq Ft: 1668 | Acres: 1.14 | Built: 2001 | MLS ID: 16039825 | Status: Sold
Valley Springs Beauty This home has been remolded and is simply breath taking. Must see to appreciate the details. Kitchen features upgraded stainless steel appliances with see thru fridge, wood counters, concrete floors through out the home. Too many upgrades to talk about. Refrigerator & window coverings stay with the property. Sparkling pool for the hot summer days. nice relaxing back yard that sits on 1.4 ac all fenced with electric gate entrance. This home wont last long
Listing provided courtesy of RE/MAX Gold El Dorado Hills
Beds: 4 | Bath: 3 | Sq Ft: 1523 | Acres: 0.17 | Built: 1971 | MLS ID: 16013377 | Status: Sold
Adorable 4 bedroom 3 bath home. on a huge lot with RV parking, a great patio area for BBQ's This home Features; New carpet in the bedrooms and beautiful wood like laminate flooring in the living room, freshly painted walls. Newer roof, beautiful kitchen cabinets white in color, grey speckled granite counters, kitchen nook area with bench, tile floors. Close to shopping restaurants. This is perfect for a family & first time home buyers.
Listing provided courtesy of RE/MAX Gold El Dorado Hills
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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.
CAMETROLIST is current as of 9/21/2019.