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 Dunnigan, CA

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$0 - $389,000
MLS ID: 19036719 | Status: Active
Investor and/or business opportunity. Great location at exit 556 Interstate 5 exit at Dunnigan. The Farmer's Market mini market is across the street from two hotels, two gas stations and Jack in the Box. Property has been leased for the past 14 years but is currently looking for a new owner for the real property and a new start for the business. Lot's of opportunity to grow a business here. The building includes a huge recently refinished asphalt parking lot, a 6 year old AC unit, large bathroom and a large clean up room with double stainless steel sinks. Building and business have different owners and to be negotiated separately.
Listing provided courtesy of RE/MAX Gold Woodland
$89,000
Beds: 3 | Bath: 2 | Sq Ft: 1350 | MLS ID: 19064518 | Status: Active
Cute triple wide on great corner lot located in Dunnigan's peaceful County Fair Estates all age park! Home features huge front yard with covered parking and options for additional storage in the back. Floor plan has great room concept with wood burning fire place, three bedrooms and two full bathrooms. Kitchen features breakfast nook with front yard views as well as ample counter top space. Large master bedroom including plenty of closet area and a full sized tub!
Listing provided courtesy of RE/MAX Gold Davis
$98,000
Beds: 3 | Bath: 2 | Sq Ft: 940 | MLS ID: 19062826 | Status: Active
Cute three bedroom two full bath home in beautiful Country Fair Estates all age park! Functional floor plan has large living area, updated kitchen, separate laundry room and a generous dinning space. Great sized lot on the corner with two car ports on either side and ample space in the back yard, backing up to the park green belt. Newer HVAC and brand new flooring in both bathrooms as well. Priced to sell!
Listing provided courtesy of RE/MAX Gold Davis
$140,000
Beds: 3 | Bath: 2 | Sq Ft: 1593 | MLS ID: 19058849 | Status: Active
Almost new and beautifully maintained 3 bed 2 bath spacious home located on a premium lot in the Country Fair Estates all ages park. Home was built 2017 and purchased June 2018. The home features gorgeous country kitchen cabinets and stainless steel appliances. Owner has added a 12'x 35' Duralum manufactured carport and custom built 9'x13' shed with 6' rollup door on concrete floor with storage shelves and work bench installed. The home is located on a premium size lot which provides a large grass area and additional parking space potential if desired.
Listing provided courtesy of RE/MAX Gold Woodland
$425,000
Beds: 3 | Bath: 2 | Sq Ft: 1976 | Acres: 0.64 | Built: 2001 | MLS ID: 1906001051 | Status: Active
You will have plenty of space inside and out with this 3 bed 2 bath 1976 sq ft home on .64 groomed acres. Your new home offers vaulted ceilings, large open living room, separate family-dining room combo, spacious kitchen, each roomy bedroom has a walk-in closet, laundry room has cabinets and a storage closet, new carpet and paint throughout so you can move right in. Your large covered deck with a spa is perfect for evening relaxation, you have plenty of room for gardens, RV parking, pool, etc. and you're located at the end of the driveway for privacy. Purchase this home with the adjoining 1.69 acre property and you'll have the perfect Next-Gen Living arrangement. Close proximity to I-5 for easy commute to Sacramento Airport and I-505 to Bay
$495,000
Beds: 2 | Bath: 2 | Sq Ft: 1716 | Acres: 1.69 | Built: 1995 | MLS ID: 1906001024 | Status: Active
Come home and relax on your beautiful country estate and enjoy the tranquil privacy of your landscaped gardens and paved walkways. Your new home welcomes you with its rustic country charm and custom wood working throughout. This home has undergone extensive renovation that you must see to appreciate. So many little things that will catch your eye like the most darling pantry door, vaulted ceilings with ship lap, custom wood built-ins, and a water closet in the Master Bath you gotta see. The man-cave with custom bar is every man's dream and there is a huge home office that can be converted back to a 3rd bedroom if you prefer. The oversized Detached Garage has 220, workshop space and covered parking. All of this AND you can purchase the back
$550,000
Beds: 2 | Bath: 2 | Sq Ft: 1716 | Acres: 1.69 | Built: 1995 | MLS ID: 1906000473 | Status: Active
Come home and relax on your beautiful country estate and enjoy the tranquil privacy of your landscaped gardens and paved walkways. Your new home welcomes you with its rustic country charm and custom wood working throughout. This home has undergone extensive renovation that you must see to appreciate. So many little things that will catch your eye like the most darling pantry door, vaulted ceilings with ship lap, custom wood built-ins, and a water closet in the Master Bath you gotta see. The man-cave with custom bar is every man's dream and there is a huge home office that can be converted back to a 3rd bedroom if you prefer. The oversized Detached Garage has 220, workshop space and covered parking. All of this AND you can purchase the back
CAMETROLIST
Information deemed reliable but not guaranteed.
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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