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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$125,000
Beds: 4 | Bath: 2 | Sq Ft: 1127 | Acres: 0.16 | Built: 1979 | MLS ID: 12047209 | Status: Sold
Good starter or investment property. Kitchen remodeled with oak cabinets, granite counters and tile floors. Huge covered patio. Large storage building in rear. Off street parking for R.V. or boat. Possible to park them behind fence also. Microwave and garage door opener does not work. Lots of cabinets in garage.
Listing provided courtesy of Century 21 Select Real Estate
$365,000
Beds: 3 | Bath: 2 | Sq Ft: 2159 | Acres: 0.26 | Built: 1962 | MLS ID: 13025553 | Status: Sold
WOW! This is an amazing single level home- just waiting for your buyers. The floor plan is open and there is tons of storage. The kitchen has been remodeled and is very functional. A large family room opens to a wonderful backyard with pool - just in time for summer! Don't wait~
Listing provided courtesy of Laura Frey, Broker
$499,900
Beds: 5 | Bath: 3 | Sq Ft: 3362 | Acres: 0.16 | Built: 2005 | MLS ID: 13013373 | Status: Sold
Walk into this spacious home with beautiful entry, vaulted ceilings & spiral staircase. Roomy kitchen w/granite counters, island with sink, gourmet appliances, tile floors & pantry. Large family room with surround sound and cozy fireplace. Master bedroom w/Huge walk-in closet, & Sunken tub.Cherry cabinets throughout, central vac,large stamped concrete patio, & 3 car garage.Property is located close to Elementary school & Sierra College.This is not a Short Sale or REO!Hurry because it won't last!
Listing provided courtesy of Keller Williams Realty
$399,900
Beds: 4 | Bath: 2 | Sq Ft: 1968 | Acres: 0.17 | Built: 1990 | MLS ID: 13021557 | Status: Sold
Extensive remodel with attention to detail, everything your buyer wants, one story, three car garage, 4 bd/2bt with brand new roof, new carpet, new int/ext paint and much more, gourmet kitchen with granite countertops and new appliances opens to large great room. Entertainers dream with separate dining room. Large backyard for summer fun with pool and fruit tree. Conventional Sale. Not a short sale or REO.
Listing provided courtesy of Legacy Real Estate
$182,900
Beds: 3 | Bath: 1.5 | Sq Ft: 1102 | Acres: 0.51 | Built: 2001 | MLS ID: 13016062 | Status: Sold
Charming house nestled in the Pines. Home on private drive with fantastic local views. Pride of ownership shown througout. Great for first time buyer or investor.
Listing provided courtesy of RE/MAX Gold El Dorado Hills
$285,000
Beds: 3 | Bath: 2 | Sq Ft: 1130 | Acres: 0.08 | Built: 2002 | MLS ID: 13023924 | Status: Sold
Single-story in highly sought after Am River Cyn North. Quiet gated community. Conveniently located near stores, parks, and bike trail. Upgrades include: granite slab counters in kit., KitchenAid range, microwave & dishwasher; hardwood flooring in kit., dining & halls; crown molding in bedrooms; wainscoting detail; whole house fan; surround sound & built-in media niche in LR; custom paint throughout. Ext. paint 2011. Private paver patio backyard perfect for entertaining.
Listing provided courtesy of RE/MAX Gold El Dorado Hills
$215,000
Beds: 3 | Bath: 2 | Sq Ft: 1327 | Acres: 0.16 | Built: 1993 | MLS ID: 13023530 | Status: Sold
A spectacular find in the desirable area of The Larchmont Antelope Creek. This home has newer carpet and is freshly painted. Home has 3 car garage and boat storage/RV access possible. Home is located on a quiet tree lined street with little traffic.
Listing provided courtesy of RE/MAX Gold El Dorado Hills
$325,000
Beds: 2 | Bath: 2 | Sq Ft: 1715 | Acres: 0.22 | Built: 1978 | MLS ID: 13024182 | Status: Sold
Beautiful home in the most desired and sought after Ridgeview Village. Home has remarkable views of the area. The home features vaulted ceilings with wood beams, formal dining. Upgrades: granite counters, stainless steel appliances. Back yard features out door kitchen, gas fire pit, deck on the side of the house over looks El Dorado hills beautiful views.
Listing provided courtesy of RE/MAX Gold El Dorado Hills
$162,000
Beds: 3 | Bath: 2 | Sq Ft: 2019 | Acres: 0.30 | Built: 1970 | MLS ID: 12036332 | Status: Sold
OPEN HOUSE JULY 7th from 11:00am - 3:00 Darling first time home buyer home that needs a little TLC. Large lot and remodeled.
Listing provided courtesy of RE/MAX Gold El Dorado Hills
$269,900
Beds: 3 | Bath: 2.5 | Sq Ft: 1489 | Acres: 0.06 | Built: 2009 | MLS ID: 12072785 | Status: Sold
Adorable Move In Ready Home in a desired area of Folsom. Home features beautiful cherry wood cabinets in the kitchen with granite counters. Hard wood floors downstairs. Easy to care for back yard.
Listing provided courtesy of RE/MAX Gold El Dorado Hills
$249,900
Beds: 5 | Bath: 4.5 | Sq Ft: 3228 | Acres: 0.20 | Built: 1950 | MLS ID: 13013004 | Status: Sold
UNBELIEVABLE! 5/8 bedroom, 3 1/12 bath, 3,228 SQ FT with LARGE RV ACCESS for under 250k by Guardian Home Brokers! Additional SQ FT has been permitted! OVER 50K in REMODELING HAS BEEN DONE! You DESERVE to have it all! Not a Short Sale or REO! Hurry this Sacramento Home will not last long!
Listing provided courtesy of Slatecreek Realty
$350,000
Beds: 3 | Bath: 2 | Sq Ft: 2106 | Acres: 1.93 | Built: 2006 | MLS ID: 12067775 | Status: Sold
This beautiful contemporary home sits on 2 acres 1.5 miles from Hwy 50 with unbelievable views of the forest. Open single level floor plan that features high end appliances, granite counters, 5 burner Jenn-Air range, gas fireplace w/custom hearth, private master suite w/huge closet & soaking tub. Surrounded by delightful landscaping and a wonderful composite deck that is ideal for entertaining. Don't miss the downstairs bonus/storage room. Plenty of parking & full RV port.
Listing provided courtesy of RE/MAX Gold El Dorado Hills
$549,000
Beds: 4 | Bath: 2.5 | Sq Ft: 3125 | Acres: 0.23 | Built: 2004 | MLS ID: 13003950 | Status: Sold
Timberline Ridge, over 3,100 sq.ft. of custom living perfect for family, or an entertainer's delight. Large great room, kitchen with HUGE island, master suite and den on main level. Den can be used as formal dining, OR trade granite island addition and add huge table with seating for eight or more. Gorgeous stone floors, Oversized master suite and outrageous shower. Downstairs features game room, bar, 3 beds and a full bath! Backyard paradise with gas firepit, vineyard and personal spa!
Listing provided courtesy of RE/MAX Gold El Dorado Hills
$520,000
Beds: 3 | Bath: 3.5 | Sq Ft: 3143 | Acres: 0.20 | Built: 2012 | MLS ID: 12068763 | Status: Sold
Gorgeous home tucked behind the gates of a highly sought after Serrano village. Within walking distance to the award winning Serrano Golf and Country Club. Over 3100 sq ft. All one story. Gourmet kitchen w/ island. Hardwood floors are the biggest upgrade in this home and they are absolutley beautiful. This home features 3 master suites. Solar system, two tankless hot water heaters.
Listing provided courtesy of RE/MAX Gold El Dorado Hills
$240,000
Beds: 3 | Bath: 2 | Sq Ft: 1245 | Acres: 0.15 | Built: 1999 | MLS ID: 12067538 | Status: Sold
EASY FOR COMPUTE NEAR FREEWAY AND CLOSE TO SHOPPING
Listing provided courtesy of Caramazza Real Estate
$125,000
Beds: 3 | Bath: 1 | Sq Ft: 1086 | Acres: 0.11 | Built: 1957 | MLS ID: 12065960 | Status: Sold
Great first time home or investment property. NOT an REO or Short sale, quick response from seller.
Listing provided courtesy of VGC Real Estate Group
$195,000
Beds: 3 | Bath: 2 | Sq Ft: 1634 | Acres: 0.19 | Built: 2004 | MLS ID: 12062886 | Status: Sold
Cute home in a sought out neighborhood. Close to shopping and schools.
Listing provided courtesy of RE/MAX Gold El Dorado Hills
$199,900
Beds: 4 | Bath: 2 | Sq Ft: 1272 | Acres: 0.12 | Built: 1966 | MLS ID: 13002329 | Status: Sold
Darling home in a well desired neighborhood. Close to shopping. This home is perfect for a first time home buyer. The house has been updated with Brand new windows, newer hvac, whole house fan. Large back yard.
Listing provided courtesy of RE/MAX Gold El Dorado Hills
$469,900
Beds: 5 | Bath: 3 | Sq Ft: 3234 | Acres: 0.22 | Built: 2003 | MLS ID: 12061081 | Status: Sold
Luxury at its best in the Foothills. Nestled in a unique community with no HOA's. This 5 bedroom 3 bath and 3 car garage is stunning. Granite counters wrap the gourmet kitchen. Tile and carpet flow room to room into formal dining The Bonus Room is perfect for entertaining pre wired for a movie theater. Back patio stone,rock water fall made for serenity. Huge 12x20 shed in the back yard. Master bedroom has a custom closet fit for a Queen.
Listing provided courtesy of RE/MAX Gold El Dorado Hills
$129,900
Beds: 4 | Bath: 1.5 | Sq Ft: 1714 | Acres: 0.48 | Built: 1951 | MLS ID: 12063132 | Status: Sold
Quaint Vintage style Home In Alta 4 bedroom 2 baths ,home nice treed parcel home has been partially updated at some time unkown when, lots of character and charm with in walking distance to Alta ,, not far from HWY 80,.,, Home needs a little TLC Show and sell
Listing provided courtesy of Core Real Estate Brokerage
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