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.

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$0 - $408,000
MLS ID: 19057806 | Status: Active
Wonderful open floor plan with 1596 square feet of offices ready for your business. Currently vacant. Great light throughout the space with a possible 8 offices, currently made to with more open concept with 2 closing office doors. Includes large kitchen break room with built in cabinets, closet with workstation, sink, mini frig, built-in microwave, and glass door. Flooring with carpet and vinyl. Many built in desk and storage, 1 work room, 2 restrooms, near freeway, downtown, University of Davis, Sutter Hospital and restaurants.
Listing provided courtesy of RE/MAX Gold, Good Home Group
Beds: 2 | Bath: 2 | Sq Ft: 700 | MLS ID: 19071309 | Status: Active
Walk out your door right into downtown Davis (200 feet away). Nice clean community popular with UCD grad students. 2009 Model & 5 mins to campus, smart floor plan. See this beautiful home with its very convenient location. This newer home is energy efficient and is conveniently located near shopping, restaurants and transportation. An affordable option for UC Davis students, individuals on a fixed income or investors.
Listing provided courtesy of RE/MAX Gold Laguna
Beds: 2 | Bath: 2 | Sq Ft: 840 | Built: 2017 | MLS ID: 1802000572
Beds: 2 | Bath: 2 | Sq Ft: 954 | Acres: 0.02 | Built: 1994 | MLS ID: 1906000228 | Status: Active
Upstairs 2 bed 2 full bath unit in Mint condition perfect for that 1st time home buyer, or professional. Open floor plan with nice sized spaces and bedrooms. HOA includes swimming pool, common areas, and maint. of exterior, common areas, pool, and structure insurance. Freshly painted interior, Laminate style flooring. Walk, Bike to UCD, Parks, Shopping, Downtown, and easy access to freeway. Owner Occupancy required.
MLS ID: 1811000390 | Status: Active
Once in a Life time opportunity for a restaurant entrepreneur. One price for two businesses in the desirable and busy Downtown Davis. Great location and setup for booming eatery and bar. Ample of parking spaces. All you need is your experience and vision. It is dream business in the making.
Beds: 2 | Bath: 1 | Sq Ft: 819 | Acres: 0.02 | Built: 1971 | MLS ID: 19064848 | Status: Active
Private bright and airy 2 bedroom/ 1 bathroom condo in a quiet North Davis complex. Steps to the pool and surrounded by parks and the green belt. Near the Nugget shopping center and a short drive to Costco in Woodland. This would make a superb investment and is currently leased through August 2020.
Listing provided courtesy of RE/MAX Gold Davis
Beds: 2 | Bath: 1 | Sq Ft: 780 | Acres: 0.18 | Built: 1972 | MLS ID: 1908001630 | Status: Active
Darling 2 bedroom, one story condo nestled in a tranquil, quiet North Davis neighborhood. Brand new carpet and interior paint. Additional storage in the kitchen. Relax on those soon to be cool evenings, next to the fireplace. Steps to the pool, health club, park and greenbelts. Near the Nugget shopping center. Bike to UC Davis or take a bus ride to campus. Hurry this one won't last long
Acres: 0.12 | MLS ID: 18003739 | Status: Active
Welcome home to the Cannery, This is a rare opportunity to build your dream home at The Cannery , where the neighborhoods are built with sustainable and energy efficient features in every home. The idea for living at The Cannery is pure and natural: Surround homes with parks and a working farm. Don't miss your opportunity to build your dream home at the Cannery. Call today for details
Listing provided courtesy of RE/MAX Gold, Good Home Group
Beds: 2 | Bath: 1 | Sq Ft: 804 | Built: 1994 | MLS ID: 1903001250 | Status: Active
This cozy, move in ready 2 bed, 1 bath cottage is conveniently located in West Davis on the Aspen greenbelt. Ideal peaceful location next to only one neighbor and the community room. Beautiful new laminate wood flooring through out lends to the spacious open floor plan and ensures easy footing. The Olympic Cottages is a senior community (62+ yrs) that offers comfortable, low maintenance living. Whether you are chatting with the neighbors at the gazebo, walking your dog on the adjacent greenbelt or considering whether you will walk or bike to your doctor appointment at Sutter because it's so close to home, you'll love life at the Olympic Cottages! This unit includes a covered carport and exterior storage space. The HOA covers roof mainten
Beds: 2 | Bath: 2 | Sq Ft: 1088 | Acres: 0.05 | Built: 1978 | MLS ID: 19061789 | Status: Active
Welcome to this cozy South Davis condo. You will fall in love beginning when you breeze through the private patio, leaving the outside world behind. Upon entering, you will find a lovely light-filled kitchen which opens to the dining room featuring a large window slider to the private back patio. The living room is large with a vaulted ceiling, a wood burning fireplace and a nice built in bookshelf with storage. The two bedrooms and baths are just off the entryway along with a laundry nook and plenty of linen storage. This cute cozy condo is located just blocks from the Nugget shopping center and easy freeway access. Come see this beauty for yourself.
Listing provided courtesy of RE/MAX Gold, Good Home Group
Beds: 2 | Bath: 2 | Sq Ft: 1329 | Acres: 0.03 | Built: 2006 | MLS ID: 1906000179 | Status: Active
Adorable and immaculate Wildhorse Condo! This enchanting property is located in a highly desirable North Davis community. Featuring 2bdms/2 full baths, plus bonus space off one bdrm, spacious kitchen/family room and formal dining or living rm., one car garage, patio/deck facing open space and golf course views, gorgeous lam wood flooring, new paint,granite counters, ceiling fans and an abundance of natural lights. Refrig., washer and dryer included. Open, bright, 1,329 square foot condo , move in ready. Nearby schools include Birch Lane Elementary School, Harper Junior High School and Holmes Junior High School. The closest grocery stores is Nugget Markets. Hurry.
Beds: 2 | Bath: 2 | Sq Ft: 1113 | Acres: 0.03 | Built: 2006 | MLS ID: 1906001085 | Status: Active
Rare opportunity to own a one story condo in the highly desirable Wildhorse subdivision. Immaculately maintained 2 bedroom/ 2 bathroom unit, steps from the private community pool. One car attached garage. Surrounded by greenbelts, local parks and near the Nugget Shopping center. Condo living at it's best.
Beds: 2 | Bath: 1.5 | Sq Ft: 1142 | Acres: 0.03 | Built: 1984 | MLS ID: 1907000348 | Status: Active
Brand new paint, carpeting and laminate flooring! Vacant and ready for quick move in! Excellent corner location with large pretty yard. Shade tree offers a great place to hang out on the patio. Open and spacious light and bright. Updated condo has all you could ask for! Stonegate Country Club near Condo includes swimming pool, tennis, lake, and more!
Beds: 4 | Bath: 1 | Sq Ft: 1488 | Acres: 0.15 | Built: 1956 | MLS ID: 19071085 | Status: Active
These opportunities don't come along in Davis too often. A handyman special loaded with potential. A 3 or 4 bedroom, one bath property. Trane CH/A, Foam insulated roof with new top coat, upgraded electrical panel, newer water heater, plus thermal windows. Perfect for the investor or contractor looking to create a positive cash flow. Large enough lot where you could also add a tiny home to generate more revenue. Very near downtown and UC Davis.
Listing provided courtesy of RE/MAX Gold Davis
Beds: 3 | Bath: 1 | Sq Ft: 1235 | Acres: 0.11 | Built: 1987 | MLS ID: 1905022098 | Status: Active
Rain or shine, Seabright will light you up! Beautiful and clean halfplex in a cul-de-sac within the Stonegate Country Club boundaries. Three bedrooms, indoor laundry closet, newer flooring makes this move-in ready home a unicorn. Cheerful and light open floor plan makes you forget this is a halfplex. Spruce up your patio off your master bedroom and enjoy mornings or evenings in your spacious backyard just waiting for your creative vision! Close proximity to Super Owl Brewing, Lampost Pizza, ramen, IGA Westlake grocery store, buslines, UC Davis campus and West Davis pond for wildlife viewing. See bright plans in your homeownership future!
Beds: 3 | Bath: 2 | Sq Ft: 1476 | Acres: 0.06 | Built: 1978 | MLS ID: 19066037 | Status: Active
This beautiful property is move-in ready! Downstairs bedroom and full bathroom. Newly remodeled kitchen and bathrooms. Kitchen features quartz countertops, all electric Whirlpool appliances for energy efficiency, extra large stainless steel sink, custom backsplash, and custom kitchen cabinets. Keyless entry, vaulted ceilings, wood burning fireplace, indoor laundry and two car garage. Durable wood grain look tile flooring. Backs to greenbelt area. Close to Nugget Market, restaurants, bike trail, campus, bus lines, and freeways.
Listing provided courtesy of RE/MAX Gold Davis
Beds: 4 | Bath: 2.5 | Sq Ft: 1783 | Acres: 0.10 | Built: 1996 | MLS ID: 1907000825 | Status: Active
Little fixer exceptional opportunity. This bright 4 bedroom, 2.5 bath home is well located on a quiet street in Mace Ranch just steps away from Mace Ranch Park and Korematsu Elementary school. The backyard is spacious and the association offers a refreshing pool and relaxing hot tub. Priced right, you'll love being able to renovate and update with fixtures and finishes that speak to you.
Beds: 3 | Bath: 2.5 | Sq Ft: 1519 | Acres: 0.08 | Built: 1993 | MLS ID: 1906001025 | Status: Active
Come see this conveniently-located three-bedroom home today! The entrance opens up to a family room with abundant windows and light with high ceilings and laminate floors. The kitchen is open with plenty of storage and a gas cooktop. Upstairs, all of the bedrooms enjoy ceiling fans. The Master bedroom has high ceilings, a walk in closet and a spacious bathroom with dual sinks. Outside, you'll love the mature trees and shaded patio. With UCD, public schools, parks, greenbelts, shopping, restaurants and sports facilities close by, you will not want to miss this home.
Beds: 3 | Bath: 2.5 | Sq Ft: 1558 | Acres: 0.06 | Built: 2007 | MLS ID: 1902000323 | Status: Active
Enjoy the modern conveniences in this immaculate home situated in a highly desirable South Davis neighborhood. Charmingly decorated 3 bedroom, 2.5 bathroom home with over 1500 sq ft of living space. Spacious bedrooms. Separate living and family areas. Private backyard. Conveniently located to shopping, bus lines. Steps to Davis Swim & Fitness and easy access to the freeway.
Beds: 3 | Bath: 2.5 | Sq Ft: 1624 | Acres: 0.08 | Built: 1996 | MLS ID: 1909005212 | Status: Active
Come fall in love with this charming and contemporary 3 bedroom, 2.5 bath South Davis home. It's all starts with curb appeal. The craftsman look to the exterior is accentuated by the charming porch and the flagstone patio where the owners and neighbors have enjoyed many evenings around the fire table. High ceilings and transom windows greet you in the entry, living room, and dining room. The kitchen is open to the family room and enjoys painted cabinets, laminate floors, granite counters, updated lighting, a gas cooktop, and a newer dishwasher. Upstairs, the master bedroom is spacious with a vaulted ceiling and the guest bedrooms share a Jack and Jill bathroom. In the backyard, you can relax under established trees while BBQing or ent
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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 10/17/2019.

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