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.

Our Listings in Fair Oaks, CA

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Beds: 2 | Bath: 1 | Sq Ft: 1240 | Acres: 0.02 | Built: 1973 | MLS ID: 1906000322 | Status: Active
Move in Ready!!! All New Granite Counters, kitchen cabinets, sink and laminate flooring throughout. New stainless range and dishwasher give a modern feel to this centrally located town home. This light and airy 2 bedroom, 1 bath feels much bigger with large rooms and a perfect layout. Come see it today!
Beds: 2 | Bath: 2 | Sq Ft: 1095 | Built: 1985 | MLS ID: 19069533 | Status: Active
Nothing to do but ENJOY! Immaculate Condo in Great Fair Oaks Location. Rare One Level 2Bed 2Bath (Walk up to 2nd Story then enter on One Level).Spacious Upgraded Kitchen has Large Nook & Built in Desk,Newer Water heater, Dishwasher & Stove. New carpet & Pad & flooring in Both Bathrms. Also new Blinds & Shutters. Includes Washer/ Dryer & Refrigerator. Fireplace in Living Rm. You will be impressed! Fussy Owner has had Unit for 30 years. Great Location! OPEN HOUSE Sat & Sun. Agt Lorain 916 747 4949
Listing provided courtesy of Re/Max Gold Fair Oaks
Acres: 0.33 | MLS ID: 1904004356 | Status: Active
Beautiful One Third Acre lot in Fair Oaks, just steps from the American River Park access! Buildable home site offers plenty of privacy, gorgeous mature trees, utilities at site and sewer tap previously paid! Incredible location, privacy and ease of construction offered here! You'll appreciate the depth of this parcel and the opportunity to build the home of your dreams! Come enjoy what Fair Oaks has to offer and the recreation of the river parkway!
Acres: 0.56 | MLS ID: 1908001231 | Status: Active
Mostly level 1/2 acre lot in phenomenal Fair Oaks location! An ideal site to build your new custom home. Conveniently located in the LeGette, Carnegie and Bella Vista attendance areas yet tucked away in a gem of a neighborhood. Make your new home dreams come true!
Acres: 0.55 | MLS ID: 19061189 | Status: Active
Over HALF Acre flat lot, quietly tucked away at the end of a private lane. ALL utilities on site, Building plans for a 3,100 SQFT Single story home fully approved! Truly a unique opportunity for all. Either come build a spec or Build to Suit option. See attachment of plans! Pictures of the home are the plans that are approved with the building department.
Listing provided courtesy of RE/MAX Gold El Dorado Hills
Beds: 3 | Bath: 2 | Sq Ft: 1329 | Acres: 0.23 | Built: 1958 | MLS ID: 19070613 | Status: Active
Awesome corner lot with RV access! Large open floor plan provides so many options. Hardwood flooring throughout. Large spacious yard. Windows provide tons of bright natural lighting. This could be a great opportunity for anyone.
Listing provided courtesy of RE/MAX Gold Sierra Oaks
Beds: 3 | Bath: 2 | Sq Ft: 1450 | Acres: 0.17 | Built: 1977 | MLS ID: 19071703 | Status: Active
Welcome to your updated contemporary home in a quiet community that's close to it all! Featuring a rock fireplace for those cooler evenings, the spacious living room leads to the formal dining area and updated kitchen with granite counter tops and modern appliances. Down the hall you will find two generously sized bedrooms and a full bathroom, as well as the master with His & Hers closets and en suite bathroom. New vinyl flooring throughout the home is complimented by the natural light that pours in to every room. In the fully fenced back yard you will find a covered brick paver patio, an uncovered patio, a nice grassy area for your pets or kids to play and a shed for your extra storage needs. Located near great schools, shopping, dining an
Listing provided courtesy of RE/MAX Gold Cameron Park
Beds: 3 | Bath: 2 | Sq Ft: 1450 | Acres: 0.17 | Built: 1977 | MLS ID: 1910000485 | Status: Active
Welcome to your updated contemporary home in a quiet community that's close to it all! Featuring a rock fireplace for those cooler evenings, the spacious living room leads to the formal dining area and updated kitchen with granite counter tops and modern appliances. Down the hall you will find two generously sized bedrooms and a full bathroom, as well as the master with His & Hers closets and en suite bathroom. New vinyl flooring throughout the home is complimented by the natural light that pours in to every room. In the fully fenced back yard you will find a covered brick paver patio, an uncovered patio, a nice grassy area for your pets or kids to play and a shed for your extra storage needs. Located near great schools, shopping, dining an
Beds: 3 | Bath: 2 | Sq Ft: 1500 | Acres: 0.31 | Built: 1951 | MLS ID: 1908001132 | Status: Active
3 bedroom/2 bath charmer in coveted Bird Track community of Fair Oaks. The large lot is surrounded by beautiful mature trees and features seven producing fruit trees as well as three raised garden beds and a coup for chickens if you so desire. Inside, the house has been updated in many areas and features beautiful wood floors in most living spaces. While the kitchen is waiting for your own creative touch, the house is well-cared for and move-in ready. Moreover, the layout provides privacy with the master suite across the home from the two additional bedrooms. Indoor laundry, new roof and recent water heater all make for added touches. Likewise, detached garage is fenced with long driveway and set up as a workshop with a chilled wine/storage
Beds: 2 | Bath: 2.5 | Sq Ft: 1718 | Acres: 0.06 | Built: 2015 | MLS ID: 19026351 | Status: Active
Enjoy easy living in this beautiful built by KB Homes Fair Oaks home located in the gated community of Marquee.This warm and inviting, energy efficient home features an open floor plan with 2BD/2.5 bath and loft or possible easy to make 3rd BD upstairs with builder upgrades including, extended vanity and cabinet in the master bathroom, dual zone thermostat, solid surface surround in master bath shower and 2nd bath, Quartz countertop in the kitchen, and additional cabinets in laundry and kitchen. The owners have added their own updates: Beautiful floors downstairs, custom backsplash, custom shutters, wood blinds and roller shades, and pendant lights. Enjoy lower utility bills with this Energy Efficient home. Beautifully landscaped backyard h
Listing provided courtesy of RE/MAX Gold
Beds: 3 | Bath: 3 | Sq Ft: 1958 | Acres: 0.20 | Built: 1987 | MLS ID: 19063184 | Status: Active
Not finding what you're looking for in a home? Or do you want it all but your budget says otherwise? This could be the perfect opportunity! This home offers many desired features outside--Great curb appeal, a 3 car garage with 1 drive through bay to the backyard, a pool with solar heating and a personal sauna. Plus it boasts many amenities inside such as a large master suite, 3 full bathrooms, a spacious dining room with wood floor, a fireplace, an energy saving whole house fan and indoor laundry room. With your cosmetic updates and personal touch you could earn some sweat equity and create your dream home! The many possibilities await, must see for yourself.
Listing provided courtesy of Re/Max Gold Fair Oaks
Beds: 4 | Bath: 2.5 | Sq Ft: 1991 | Acres: 0.28 | Built: 1954 | MLS ID: 19063220 | Status: Active
Step inside to fully appreciate this beautiful 4 bedroom/2.5 bath home multiple skylights let in natural light and an updated, roomy kitchen awaits. Home feels spacious with three guest bedrooms and remote master suite for privacy. Master bath features soaking tub. Stylish fireplace greets visitors and whole house fan is ready to cool everyone off at night. Out back you'll find a gorgeous, well-maintained Pebble Tec pool with recent, stamped concrete work and a fenced dining area to keep kids safe. Side yard has room for RV parking. Front driveway has ample parking space for guests, definitely an entertainer's delight! And, charming Fair Oaks neighborhood is ideally situated for schools, shopping, and North Ridge Country Club. You're goin
Listing provided courtesy of Re/Max Gold Fair Oaks
Beds: 3 | Bath: 2 | Sq Ft: 1544 | Acres: 0.23 | Built: 1972 | MLS ID: 1907000815 | Status: Active
Updated Open and Spacious 3 bedroom, 2 bath home in the Heart of Fair Oaks. Newly remodeled kitchen with Large Granite Island, new $7k Monogram 4 burner range which opens to Dining and Family room area. This is an entertainers dream. Master bath has also just been updated and looks amazing. Just minutes to the American River Parkway and the quaint Village of Fair Oaks. This along with a highly rated school system should make this home our top pic.
Beds: 3 | Bath: 2 | Sq Ft: 1530 | Acres: 0.26 | Built: 1960 | MLS ID: 1908001081 | Status: Active
Beautiful and lovingly cared for single story home located on a .26 acre corner lot in Fair Oaks. This 3 bedroom, 2 bath home features Master Suite, laminate flooring, newer carpet in bedrooms, newer duration cool roof, newer windows, kitchen remodel with white cabinets, stunning granite counter tops and backsplash, an extra deep sink, recessed lighting and dining bar, kitchen dining nook and family room are a great place to gather and you have a second living area with fireplace to enjoy. Huge Front gated area for pets or kids to play and Big and Welcoming landscaped back yard with Hot Tub and Gazebo and covered patio with and over-sized two car garage and RV access. This home has everything you want and is a wonderful place to call home!
Beds: 4 | Bath: 3 | Acres: 0.34 | Built: 1960 | MLS ID: 1910000233 | Status: Active
Unbelievable opportunity to own a great duplex in Fair Oaks! Use as income property or live in one and rent out the other. Duplexes like this don't come on the market often. Huge lots on both sides with extra long drive ways. Both homes feature 2 bedrooms and one bath. Brand new garage doors. Unit 5161 features an additional unpermitted living area and full bath (344+- sq ft) with backyard access. Also carport/shop area perfect for boat/RV storage. Close to North Ridge Country Club and other Fair Oaks amenities.
Beds: 3 | Bath: 2 | Sq Ft: 1831 | Acres: 0.14 | Built: 1979 | MLS ID: 19070512 | Status: Active
Your opportunity to live in Rollingwood. Located just blocks from Rollingwood Racquet Club and near the best schools, Lake Natomas, and the walking/biking trails of the American River this home offers so much family fun for years to come. Single story with a large flexible floorplan has many great features. Open beam ceilings, spacious tiled courtyard perfect for entertaining. rear yard has a newer spa, patio with sitting area, low maintenance synthetic turf. Kitchen is bright with generous counter space, granite counters, large farm sink, large kitchen pantry. Master suite has large closet, attached bathroom with walk-in shower, updated granite countertop. All this located near shopping and the best schools in San Juan Unified School Dist
Listing provided courtesy of Re/Max Gold Fair Oaks
Beds: 3 | Bath: 2 | Sq Ft: 1604 | Acres: 0.14 | Built: 1975 | MLS ID: 1905020387 | Status: Active
LOCATION,LOCATION,LOCATION.Gorgeous 3/2 home with tons of charm,and beautiful modern remodeling. New cabinets and appliances with Granite counter tops in kitchen.Bathrooms are remodeled with granite and tile all the way to the ceilings.LED lighting gives it such modern and natural look. Extremely open floor plan,spacious and bright. Living room is over looking at a gorgeous backyard with a sparkling swimming pool and built in spa and water fall. The brick patio is wonderful for summer joy and BBQ. This home has it all and located in one of the most prestigious subdivisions in Fair Oaks, built by Powell, one of the most famous builders in California. Very functional home, and gorgeous. THIS IS A MUST SEE HOME.
Beds: 4 | Bath: 3 | Sq Ft: 1540 | Acres: 0.28 | Built: 1956 | MLS ID: 1908001373 | Status: Active
This Super Cute & Charming Cottage/Bungalow Home on the River Side of Fair Oaks Blvd., Features a Fantastic Trex Deck Porch for Evening Sunset Views, Stamped walkway to this 4 Bedrooms, 3 Full Baths Home with Granite Counters, Stainless Appliances, Newer Cabinets, Recessed Lighting in Kitchen, Updated Lighting Fixtures Throughout, Built-In Closets & Cabinets in One Bedroom, Warm Paint Colors, Downstairs Bedrooms and Full Bath, Spacious Master Bedroom w/Fireplace and Small Balcony, Large Backyard & Patio area ready for Pool, In-Law Quarters or Air BnB Rental in Back, RV Access, This Home is One Street Light From the American River Trail & River Access, Bannister Park, Close to North Ridge Country Club, Schweizter Grove Nature Reserve, Sacram
Beds: 4 | Bath: 2 | Sq Ft: 1700 | Acres: 0.21 | Built: 1971 | MLS ID: 1903001252 | Status: Active
NATURE AT YOUR DOORSTEP & EZ HWY50 ACCESS! This updated & upgraded 4-bedroom home backs to Phoenix Park! Love the expanded open floor plan with a family room addition boasting vaulted ceilings, a pass-through to the kitchen, a fireplace w/brick hearth/surround, and lovely views of the backyard and the quiet side of Phoenix Park. Kitchen is nicely updated with lovely quartz countertops and fresh paint. Laminate floors in 2 bedrooms. Whole house fan. Inside laundry/mud room and abundant storage options. The backyard has a great patio, grassy area for gardening or play, and a gate that opens into the park! Playground and Dog Park nearby. Located approx. 900' from the Bluff Trails with access to the American River trail system, and all the recr
Beds: 3 | Bath: 2 | Sq Ft: 1480 | Acres: 0.28 | Built: 1969 | MLS ID: 1906000739 | Status: Active
What a find! This updated single story home with a pool and RV access is in a fantastic Fair Oaks neighborhood in the Bella Vista, Carnegie & LeGette attendance areas. The open floorplan, great natural light and spacious kitchen, living room & dining room make this house feel much larger than you would expect for its square footage. The kitchen boasts granite counters and island, tile backsplash and built-ins with abundant storage. The living spaces feature the same Terrazo tile floor and crown molding as the kitchen and a wood burning fireplace between the dining room and living room. Outside, take a dip in the pool, hang out on the covered patio or test your skills on the putting green. This home offers a great interior, a wonderful yard,
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CAMETROLIST is current as of 10/17/2019.

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