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.

My Recent Transactions

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$599,900
Beds: 4 | Bath: 4 | Sq Ft: 3014 | Acres: 0.53 | Built: 2007 | MLS ID: 17061628 | Status: Sold
EXQUISITE rare find in the Desired Blackstone Community. Walk into luxury Home features some amazing upgrades. SOLAR PANEL SYSTEM installed OWNED and saving hundreds Monthly. The serene backyard beckons relaxation and entertaining with a covered patio, outdoor kitchen & fireplace backs up to the greenbelt for amazing views & complete serenity lot is huge at 0.5310 hard to find in EDH. Chefs kitchen with beautiful granite counters, stainless steel appl. Master Dn Strs. & add Bed & bath Dn Strs
Listing provided courtesy of RE/MAX Gold El Dorado Hills
$225,900
Beds: 3 | Bath: 2 | Sq Ft: 1281 | Acres: 0.13 | Built: 1950 | MLS ID: 17057660 | Status: Sold
Close to UC MEDICAL CENTER, Excellent opportunity for an investor or for buyers who wish to put their own personal touches on this home. Located in the Desired Tallac Village semi-fixer is worth seeing 3 Bed 2 baths with a wood burning fireplace, Newer carpet & tile nice size back yard. 2 car garage & 2+ carport. Newer Hot water heater. This home is close to shopping, restaurants, Tahoe Park and public transportation. Seller is Motivated.
Listing provided courtesy of RE/MAX Gold El Dorado Hills
$379,000
Beds: 3 | Bath: 2.5 | Sq Ft: 2043 | Acres: 0.03 | Built: 1979 | MLS ID: 17050391 | Status: Sold
Beautiful Town-home in the sought after Folsom Bluffs This is a must see updated Kitchen with newer stainless steel appliances & baths. Located near shopping, restaurants, walking/bike trails & the Beautiful Folsom Lake. Newer Roof 2014 with Radiant Barrier for extra cost effective bills 2007 HVAC replaced. refrigerator & washer & dryer included quiet serenity at its best sit on the balcony and watch the wild turkeys, deer and the amazing wildlife.
Listing provided courtesy of RE/MAX Gold El Dorado Hills
$650,000
Beds: 4 | Bath: 3.5 | Sq Ft: 2778 | Acres: 0.30 | Built: 1999 | MLS ID: 17040350 | Status: Sold
Luxurious home with SPECTACULAR VIEWS of Folsom Lake and the mountains 180 radius of views this home sits in the well sought out Marina Village with 2 Master Suites 1 down & 1 upstairs. separate in law quarters converted from the single car garage with a kitchen. House Features: Gourmet kitchen, granite island. wood laminate flooring. Gorgeous back yard swimming pool heated w/solar, grass yard & a fun tree house for the kiddos, 2 sheds, RV Parking with a clean out. Close to Shopping, Restaurants
Listing provided courtesy of RE/MAX Gold El Dorado Hills
$230,000
Beds: 3 | Bath: 1 | Sq Ft: 1031 | Acres: 0.18 | Built: 1938 | MLS ID: 17053237 | Status: Sold
Charming Remodeled Oak Park Home on quiet no through street. 2 bedrooms downstairs 1 bedroom upstairs. Generous open family room and beautiful new kitchen. All new dual pane windows, roof and HVAC. Large back yard, lot is Zoned for 2 single family residences should you want to build an investment unit in the rear. Come see this cute home in person before it is gone.
Listing provided courtesy of Keller Williams Realty
$569,000
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
$259,900
Beds: 3 | Bath: 2 | Sq Ft: 1394 | Acres: 0.24 | Built: 1955 | MLS ID: 17047958 | Status: Sold
Darling move in ready home that has been remodeled from the ground up. There is no stone left un-turned. Brand new carpet through-out. the home, painted through-out the inside. Beautiful oak cabinets in the kitchen & bathrooms. Drive through garage. Ginormous Back yard paradise that has endless possibilities with trees, grass great for large family gatherings. Nearby park and bike path, close to shopping and restaurants. This home won't last long.
Listing provided courtesy of RE/MAX Gold El Dorado Hills
$529,900
Beds: 5 | Bath: 3 | Sq Ft: 2729 | Acres: 0.20 | Built: 1999 | MLS ID: 17031560 | Status: Sold
Desired Stanford Ranch home that is absolutely stunning. spectacular local views of the greenbelt that provides serenity at its best. Relax in the back yard with a sparkling built in pool and a huge deck that over looks the greenbelt and personal spa with gazebo perfect for entertaining. Kitchen features granite counters white cabinet. formal dining area that flows with the living room. Down Stairs bedroom & bath for in-laws or company. Close to Shopping,Restaurants & Top Golf, Movie Theater
Listing provided courtesy of RE/MAX Gold El Dorado Hills
$299,900
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
$425,000
Beds: 3 | Bath: 2.5 | Sq Ft: 2210 | Acres: 0.15 | Built: 1987 | MLS ID: 17022932 | Status: Sold
LOCATION,SIZE & POTENTIAL IN POCKET AREA!2 STORY 3-4BDRMS, 2.5BA, 2CAR GAR.PLAN OF 2210SF,PER COUNTY,LOCATED ON QUIETER ST. W/RELATIVELY LITTLE THRU TRAFFIC. AMENITIES:NEW CORIAN KITCHEN COUNTERS,2 FIREPLACES,SUPER SIZED FAM. RM,FORMAL DINING & LIVING RMS, MASTER SUITE W/OFFICE/SITTING AREA,CLEAR PEST REPORT, NEW GUTTERS/DOWNSPOUTS, LIFETIME METAL ROOF & RM FOR BKYD ENTERTAINING. ULTRA CONVENIENT NEAR MATSUYAMA ELEM, PROMENADE SHOPPING CNTR. GARCIA BEND PK & RELATIVELY SHORT COMMUTE TO DWNT SAC.
Listing provided courtesy of Berkshire Hathaway Home Services
$275,000
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
$999,000
Beds: 3 | Bath: 3.5 | Sq Ft: 4138 | Acres: 10.35 | Built: 1992 | MLS ID: 17016331 | Status: Sold
Picturesque country estate on 10+ view acres. Beautiful horse property with cross fenced pasture & small barn. Gorgeous Saltillo tile,custom beams & 6 fireplaces accent this fantastic ranch style floorplan. Lives like single story w/3 ensuites and home office on main level. Bonus Room and 1000 square foot expansion area perfect for in-law quarters upstairs. Expansive decking for outdoor enjoyment. Oversized 4 car garage. Privacy and tranquility just minutes from Hwy 50, schools and shopping.
Listing provided courtesy of Gateway Sotheby's Int. Realty
$325,000
Beds: 4 | Bath: 2 | Sq Ft: 1606 | Acres: 0.19 | Built: 1960 | MLS ID: 17002408 | Status: Sold
Welcome Home to desirable Golf Course Terrace where you will find an original custom large 4 Bdrm/2 Bath home nestled in a quiet Cul-de-sac. It is a One Owner Home and has truly been loved all these years! The wood floors are original and gleaming! All dual pane windows, fireplace w/insert, indoor laundry room with space for a freezer, clear pest report, & minutes from Sac City College, Fairytale Town, Sacramento Zoo. Close to parks, schools, and freeways. Must see, really!
Listing provided courtesy of LaRoe Properties
$405,000
Beds: 4 | Bath: 3 | Sq Ft: 2249 | Acres: 0.13 | Built: 2011 | MLS ID: 17002905 | Status: Sold
Beautiful SOLAR home in Sunridge Park, a highly sought after community in the award winning Elk Grove Unified School District. This energy efficient Horizon floor plan by Beazer features a tankless water heater, whole house fan, ceiling fans in all bedrooms/ living room. A kitchen with granite counter tops, espresso cabinets, island, stainless steel appliances. Living room is pre-wired for surround sound. One full bedroom and full bath downstairs. New Raley's coming Spring/Summer 2017 W/D/F Inc.
Listing provided courtesy of Vista Oaks Realty
$254,950
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
$325,900
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
$290,000
Beds: 3 | Bath: 1 | Sq Ft: 1284 | Acres: 0.24 | Built: 1956 | MLS ID: 16051908 | Status: Sold
Beautifully remodeled home! New roof, updated kitchen with new cabinets, new stove and microwave. Updated bathrooms with new tile. Double pane windows throughout home. Exterior walls have new stucco. New hard wood laminate and tiles! Expanded to 4 bedroom and 2 baths with permits. Approximately 1284 square feet + 105 square feet added with permit. 10,454 square foot Lot.
Listing provided courtesy of Coldwell Banker
$349,000
Beds: 3 | Bath: 2 | Sq Ft: 1789 | Acres: 0.12 | Built: 2000 | MLS ID: 16049016 | Status: Sold
Beautifully remodeled and maintained single level home, perfect for entertaining and LOW MAINTENANCE! From granite counters and travertine floors, head outside and relax under the large patio cover while visiting with friends. 1 YEAR HOME WARRANTY PROVIDED AT CLOSING!! This beauty won't last long, come see it today before its GONE!
Listing provided courtesy of Keller Williams Realty
$895,000
Beds: 4 | Bath: 2 | Sq Ft: 2800 | Acres: 5.00 | Built: 1994 | MLS ID: 16041451 | Status: Sold
This custom log home was built from hand selected high altitude Montana timber and commissioned into the masterful show piece it is today. The home itself will leave an everlasting impression with wood laced ceilings, chefs kitchen, and oversized bedrooms. The award winning architect designed backyard is anchored with an absolutely jaw dropping pool,waterfall features, and secret forest pathways creating the perfect compliment to this estate. See details list property is offered fully furnished!
Listing provided courtesy of Steele Realty & Investments Co.,
$455,000
Beds: 4 | Bath: 3 | Sq Ft: 2795 | Acres: 0.38 | Built: 1992 | MLS ID: 15078025 | Status: Sold
Feels like tree house living with the many picture windows to take in the wooded setting & great views. Offers space for everyone & is great for entertaining. There's a living room w/soaring ceilings plus a separate family room w/wood stove, wet bar & patio access. Wake up to glorious views from the expansive master retreat; complete w/desk area, balcony & spacious bath. Set on a large lot w/room for pets, playing or just enjoying the view.
Listing provided courtesy of Lyon RE Cameron Park
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