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.

Our Listings in Auburn, CA

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$0 - $350,000
MLS ID: 19000464 | Status: Active
FABULOUS, FANTASTIC LOCATION! This commercial zoned property has the perfect location. Build whatever building works for the business you want, it will service all of Auburn. RIGHT off Hwy 80 such a great site for so many buildings and businesses. Please call for more details. Motivated seller. .48 of an acre
Listing provided courtesy of RE/MAX Gold Sierra Oaks
$145,000
Acres: 0.55 | MLS ID: 19006808 | Status: Active
Wonderful premier lot located in beautiful Darkhorse Community! Building Plans available (see attached) for a single story, 4 bedroom, 3800 sf home. Lot 93 is an easy to build level area with mature oaks and across from the 18th hole. Quiet street surrounded by fabulous estate homes. Perfect location to build your dream home!!!
Listing provided courtesy of RE/MAX Gold
$164,000
Acres: 0.35 | MLS ID: 19057274 | Status: Active
Ideal living location in Auburn with its pure and natural beauty surrounded by miles of rolling foothill views. The Auburn Bluffs include 28 lots which is ideally located just minutes from charming Historical Downtown Auburn, dining & wineries, hiking & biking trials & Hwy 80. All utilities to the lot and ready to build! Architectural plans approved by the HOA.
Listing provided courtesy of RE/MAX Gold El Dorado Hills
$184,000
Acres: 0.76 | MLS ID: 19000955 | Status: Active
New Price! Charming upscale subdivision in Auburn, Woodland Estates is walking distance to Old Town Auburn, restaurants, shopping and lots of fun. Fabulous views looking out over Auburn. Watch the train go by for all you train buffs. Build your dream home on this beautiful lot. House Plans available.
Listing provided courtesy of RE/MAX Gold Sierra Oaks
$184,000
Acres: 0.76 | MLS ID: 19000963 | Status: Active
New Price! Charming upscale subdivision in Auburn, Woodland Estates is walking distance to Old Town Auburn, restaurants, shopping and lots of fun. Fabulous views looking out over Auburn. Watch the train go by for all you train buffs. Build your dream home on this beautiful lot. House Plans available. Lot 18
Listing provided courtesy of RE/MAX Gold Sierra Oaks
$199,000
Acres: 5.97 | MLS ID: 19054276 | Status: Active
Gorgeous views of the Sutter Buttes to the North and the Sacramento Valley to the West. This parcel has everything to build, the well, last checked 100 GPM and Treated water at the street. Lrg Rock outcroppings, room for horses, fenced on 2 sides. This parcel has full access to the LOP amenities, paid current. Power on either corner, Horse trail at bottom of parcel, access on lower portion through gate. Everything you need to build that dream home. Minutes to stores and shopping and Hwy 49.Motivated seller.
Listing provided courtesy of RE/MAX Gold
$200,000
Acres: 5.80 | MLS ID: 19059584 | Status: Active
Wonderful opportunity in Saddle Back Estates. Build your own Custom Home on this peaceful Oak studded parcel with 5+ acres, Close to everything yet out in the quiet of the Country. With Meandering Stream. Well Is In. Great Local Views Situated In Elegant Saddleback Estates.
Listing provided courtesy of RE/MAX Gold
$224,900
Acres: 7.00 | MLS ID: 19012885 | Status: Active
OWNER FINANCING AVAILABLE!!! STUNNING 7 ACRES! Power to site! 30 Gal/min well. Perc & mantle complete. Beautifully suited for that dream home in an area of high end custom homes. Usable land would support a private vineyard, organic farm, ranch or horses. Large rock outcroppings on the property. Minutes to Auburn County Club and shopping but QUIET, PEACEFUL, AND PRIVATE. Water storage tank and solar array on well pump can stay.
Listing provided courtesy of RE/MAX Gold Cameron Park
$250,000
Acres: 0.53 | MLS ID: 18052358 | Status: Active
Listing provided courtesy of RE/MAX Gold Laguna
$250,000
Acres: 1.10 | MLS ID: 19027414 | Status: Active
Opportunity is presenting itself on this one acre parcel located off of Rock Creek Rd in Auburn.Zoned OP/DC and property type is Residential RES/ NEC... Bring your ideas as this property supports several out of the box uses.
Listing provided courtesy of RE/MAX Gold
$299,900
Acres: 4.60 | MLS ID: 19032213 | Status: Active
Welcome to Auburn*4.6 Acres*Perc and Mantle*Well in and Capped*Located on the Auburn Wine Trail*Minutes to Golf @ Auburn Valley Country Club*Minutes to the Hospital*Year Round Stream*Rock Outcroppings*Place to Call Your Own*Nice Stand of Oaks*Bring Your Animals*Auburn Airport Nearby*Private*Peaceful*Grazing*Build a Barn*No HOA's*Live in the Country*Great Neighborhoods*Owner will Carry*You Can Hear the Water Running*Amazing*Views from top of Property all the way to Big Hill*
Listing provided courtesy of RE/MAX Gold
$299,900
Acres: 4.73 | MLS ID: 19032203 | Status: Active
Welcome to Auburn*4.6 Aacres*Perc and Mantle*Well in and Capped*Located on the Auburn Wine Trail*Minutes to Golf @ Auburn Valley Country Club*Minutes to the Hospital*Year Around Stream*Rock Out Croppings*Place to Call Your Own*Nice Stand of Oaks*Bring Your Animals*Auburn Airport Nearby*Private*Peaceful*Grazing*Build a Barn*No HOA's*Live in the Country*Great Neighborhoods*Build a Bridge Over Water*Water Runs Through It*See the Mountains*Owner Financing Available*
Listing provided courtesy of RE/MAX Gold
$299,900
Acres: 4.80 | MLS ID: 19003864 | Status: Active
Beautifully Oak studded 4.8 acre Lot with a year around canal running through the property. Located on Placer County Wine Trail, this property has a strong well, perc tested and paved roads. This could be the lot that you have been waiting for..... Welcome to Auburn*Perc and Mantle*Well in and Capped*Minutes to Golf @ Auburn Valley Country Club*Minutes to the Hospital*Year Around Stream*Rock Out Croppings*Place to Call Your Own*Nice Stand of Oaks*Bring Your Animals*Auburn Airport Nearby*Private*Peaceful*Grazing*Build a Barn*No HOA's*Live in the Country*Great Neighborhoods*Owner will Carry*Two Creeks run through it*Hear the Water*
Listing provided courtesy of RE/MAX Gold
$300,000
Beds: 3 | Bath: 1 | Sq Ft: 840 | Acres: 0.35 | Built: 1949 | MLS ID: 19057802 | Status: Active
This property is located by the canyon next to the Manzanita and Stagecoach Trails! House has been in the family since built. Property needs TLC. This home has so much potential. Greenbelt next door is owned by the Placer Land Trust.
Listing provided courtesy of RE/MAX Gold
$320,000
Beds: 3 | Bath: 2 | Sq Ft: 1200 | Acres: 0.17 | Built: 1984 | MLS ID: 19027344 | Status: Active
Opportunity for a Sweat Equity Investor*First time Home Buyers*Looking for Rental Income* Great located home in the heart of Auburn. Close to shopping, hospital and all services. Easy access to Hwy 49 and I80. Single level 3 bedrooms 2 bath with a 2 car Garage. Nice landscaping. RV parking. Walking distance to shopping, coffee and restaurants*
Listing provided courtesy of RE/MAX Gold
$385,000
Beds: 3 | Bath: 2 | Sq Ft: 1374 | Acres: 0.22 | Built: 1978 | MLS ID: 1907001125 | Status: Active
Great location single level home on mostly flat lot priced to sell! Walking distance to shopping and 1 mile from train station. Property has fruit trees and room for an RV. Spacious living room with skylights and vaulted ceilings in kitchen, living and dining room. Delightful bonus sunroom with skylight and sliding door to shady backyard. Dual pane windows throughout. Nice workshop and built in cabinets in garage. All appliances included. PERFECT for first time buyer or investor! Street access for your RV. Shady backyard. Cathedral ceilings in living areas. Sunny sun room of about 120 Square feet, was added later and is to code but without permits. Close to schools and shopping. Quiet neighborhood, except for freeway. Workshop
$394,000
Acres: 4.90 | MLS ID: 19024073 | Status: Active
Incredible Location! One of the Last Magnificent Lots on the Canyon overlooking the North Fork of the American River. Backs up to the Auburn State Recreation Area/BLM Land. VIEWS!!! Clementine Falls, Foresthill Bridge & the Sierras. Perched on the edge of the Canyon, this could become an incredible retreat. Highly sought after neighborhood. Paved Road to the Site. Public Utilities Available,Water Meter Connected. Close to all services, Easy access to I80, just minutes to the local airport. Hiking trails, Biking, River Rafting, Skiing, and all that the Foothills and the High Sierras provide is just around the corner.
Listing provided courtesy of RE/MAX Gold
$419,000
Beds: 2 | Bath: 2 | Sq Ft: 1442 | Acres: 0.35 | Built: 1950 | MLS ID: 1906000298 | Status: Active
Spectacular and DARLING Vintage Cottage Located in the Heart of Auburn on Huge .334 acre lot*Newer Roof & HVAC w/ Fresh Interior Paint Throughout* Kitchen Features Gorgeous New Quartz Counter tops, White Cabinets, New Sink & Faucet*Nearly 1450 Square Feet w/Two Generously Sized Bedrooms * Two Updated Bathrooms w/Granite & Tile*Separate Family & Living Rooms* Dedicated Dining Room w/ Access to 1 of 2 Decks* Large Family Room has Original Hardwood Flooring & Beautiful Cozy Wood Stove*Newer Dual Payne Windows w/Window Coverings*Indoor Laundry w/Cabinets*The Serene Yard is a Gardeners Paradise w/Room to Add Your Own Flair or Nurture What's Already There! Extra Long Deep Driveway leads to Detached Over-sized Two Car Garage with Area for Worksho
$465,000
Beds: 3 | Bath: 2 | Sq Ft: 1875 | Acres: 0.20 | Built: 1989 | MLS ID: 1906000353 | Status: Active
Welcome home to this move-in ready single level gem! Recent updates include HVAC '18 and most windows 18'-'19. Great location close to Auburn Racquet Club, Shops and Restaurants. Easy access to Interstate 80.
$479,000
Beds: 4 | Bath: 2.5 | Sq Ft: 1759 | Acres: 1.40 | Built: 1978 | MLS ID: 19072376 | Status: Active
Welcome home! This recently remodeled 4 bedroom, 2.5 bath home boats a gorgeous kitchen with granite countertops, backsplash, custom cabinets and stainless steel appliances. This along with an open concept dining and family room makes it perfect for entertaining guests. This home also has beautiful newer wood flooring throughout, a pellet stove, newer front doors, a remodeled front bathroom, and a newer rear deck. There are two wells on the property and with 1.4 gentle sloping and private acres, there is plenty of room for storage and extra vehicles.
Listing provided courtesy of RE/MAX Gold Sierra Oaks
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CAMETROLIST
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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 10/22/2019.

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