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 Kelseyville, CA

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$0 - $2,750,000
Acres: 1.84 | Built: 1980 | MLS ID: 19047841 | Status: Active
Incredible opportunity for an Investor to own 24 units in Kelseyville, Lake County, CA. The property comprises of two multifamily buildings, each having 12 units. 100 % occupancy and stable cash flow make this an attractive investment alternative.
Listing provided courtesy of RE/MAX Gold
$5,000
Acres: 0.21 | MLS ID: LC19120480 | Status: Active
Can't find a home that suits you? Buy this and build your dream home! Only minutes from the up and coming Konocti Harbor Resort~re-opening soon! Located in the Kelseyville Clearlake Riviera this is priced to sell...buy it (while land is still affordable) build on it and make your dreams come true! In a nice private area too!
$9,500
Acres: 0.20 | MLS ID: LC19247549 | Status: Active
Flat, buildable lot in a quiet neighborhood of nice homes, this property is located in a serene and peaceful area.
$12,500
Acres: 0.24 | MLS ID: LC19048132 | Status: Active
Lake views! Quiet neighborhood! Wonderful opportunity to build your dream home in a very peaceful area of the Rivieras!
$98,500
Acres: 0.74 | MLS ID: LC19080888 | Status: Active
Two adjoining Lakeview lots(.73 acres) steps from the Lake with breathtaking views. The boat launch area is located at the base of the properties. Wonderful opportunity to build your dream home in a serene location. Water meter is in.
$150,000
Acres: 9.79 | MLS ID: LC19240946 | Status: Active
Sellers state that property is 12+/- acres ready to build your dream home. With power, water, septic ,driveway and building pad already there and waiting for your contractor. Magnificent mountain and valley parcel with views of agriculture, wildlife and country views as far as the eye can see! Original home burned in 2018
$165,000
Acres: 7.94 | MLS ID: LC19034272 | Status: Active
Beautiful wooded land to build your custom home for off the grid living. The building pad has been developed and is located near the center of the property for privacy. The well, well pump, two water storage tanks and septic system are already installed. There is a driveway turn around area and an area to install Solar panels are on the property. In the Red Hills appellation for growing grapes. Oaks, Manzanita and Pine trees are on the property.
$185,000
Beds: 2 | Bath: 1 | Sq Ft: 1237 | Acres: 0.28 | Built: 1977 | MLS ID: LC18114018 | Status: Active Under Contract
End of road privacy! This 2 bedroom 1 bath 1237 sq. ft. home is located at the end of the road with fantastic views of the mountains, vineyards and valley area! Quiet neighborhood, large fenced yard, 2 car garage, separate bonus room downstairs, big entertaining backyard deck, separate laundry area, newer Kitchen appliances and vaulted open beamed ceilings in the Family room with an open floor plan makes for a wonderful home.
$205,000
Beds: 3 | Bath: 3 | Sq Ft: 1776 | Acres: 0.18 | Built: 1979 | MLS ID: LC19177870 | Status: Active
Lake View Home with tons of potential! 3 bedroom, 2 bathroom home with approximately 1776 sq. ft. of living space has incredible lake views of the back decks. Interior of home features two living areas, kitchen with butcher block counters and dining area. Master bedroom on main level with walk-in closet and access to back deck to soak in those views! Lower level of home has two bedrooms, each with their own deck, full bath and lots of storage. Ample storage space under home and driveway. Property is located in Riviera West HOA which offers use of the community pool and marina. Close proximity to Konocti Harbor Inn and Clear Lake. If you are looking for a property to make your own, put this one on your list!
$209,000
Beds: 2 | Bath: 2 | Sq Ft: 1344 | Acres: 0.28 | Built: 1991 | MLS ID: LC19193859 | Status: Active
Lovely home on 2 lots ! The grand open floor plan with high ceilings and lots of tall windows capture the vineyard and Mt. Konocti views. The great room is spacious and is open to the kitchen and dining area. The chef in the house will love the semi circular kitchen design with ample cabinets and counter top work space.The master suite has plenty of room for a king size bed , dressers and more. The master bath has a large step in shower and lots of storage space and a linen cabinet .The guest bath has a full size bathtub with shower.the utility room is equipped with washer and dryer and plenty of storage cabinets. There is a 2 car garage and the second lot has plenty of space for RV parking The back yard has a good sized storage shed and potting shed . There are fruit trees and lovely shade trees that create a lovely place to sit and take in the sunset over the Beckstoffer Vineyard and Mt. Konocti .
$220,000
Beds: 2 | Bath: 2 | Sq Ft: 1310 | Built: 1965 | MLS ID: 21922962 | Status: Active
Beautiful home overlooking great views. Dont miss this lake side living. Well thought out layout with indoor laundry and large lot for plenty of activities. So much to offer it is truly a must see.
Listing provided courtesy of RE/MAX Gold
$220,000
Beds: 2 | Bath: 2 | Sq Ft: 1250 | Acres: 0.15 | Built: 2006 | MLS ID: LC19215121 | Status: Active Under Contract
2 BEDROOMS OR THREE BEDROOMS? You choose ! Great floor plan with a huge country kitchen with high ceilings and lots of cabinets ! Just off the kitchen is a walk in pantry and laundry room combination. There is a master suite with full bath and double sinks .Originally built as a 2 bedroom 2 bath home it now has a bonus sleeping room that was converted using the garage space . This can easily be converted back to garage space . On an extra large lot with plenty of room for a garden and a pool too! This home is located within an easy walk to schools .
$235,000
Beds: 2 | Bath: 2 | Sq Ft: 1310 | Built: 1965 | MLS ID: 1909000057 | Status: Active
Beautiful home overlooking great views. Dont miss this lake side living. Well thought out layout with indoor laundry and large lot for plenty of activities. So much to offer it is truly a must see.
$256,000
Beds: 3 | Bath: 2 | Sq Ft: 1335 | Acres: 0.32 | Built: 1980 | MLS ID: LC19194324 | Status: Active
Situated in Buckingham Parks Black Forest and shaded by majestic towering trees this 3 bedroom 2 bath home with attached 2 car garage is move in ready! The main living area , kitchen , dining and one bedroom is on the ground floor . The living room has high ceilings and a fireplace. The country kitchen is the perfect place for both cooking and entertaining guests. The master bedroom is also on this level .2 guest bedrooms and a full bath are located on the second floor. The home is set far back from the road on a larger than usual lot. Plenty of room for RV parking . Enjoy all the amenities that Buckingham Park has to offer. Just a 10 minute walk to the lakefront clubhouse with barbecue and picnic facilities and a convenient boat launch. Enjoy a round of golf then dinner at the Buckingham Golf Club Restaurant .
$349,000
Beds: 3 | Bath: 4 | Sq Ft: 1900 | Acres: 0.21 | Built: 1966 | MLS ID: LC19210195 | Status: Active
Enjoy peaceful mornings from two 800 sq.ft decks with lake views and beautiful sunrises. This 1,900 sq. ft. lake view home boasts 3 bedrooms, 3 baths, and 2 kitchens with a completely separate living space downstairs, like an apartment, and there you'll find a comfortable living room, bedroom, bathroom and kitchen with access to the lower deck. A finished 2 car garage with additional parking in driveway, front and roadside. Energy efficient new windows and new kitchen cabinets with Kohler fixtures. There is an option to purchase this home fully furnished. Located in the majestic Clearlake Riviera's, where nearby is a small convenient shopping center.
$449,000
Beds: 4 | Bath: 3 | Sq Ft: 2933 | Acres: 7.50 | Built: 1961 | MLS ID: LC19097313 | Status: Active
Rambling Rustic home with 7.5+/- Acres to roam . Build your own horse ranch or plant orchards and crops This two story home has room for everyone in 2850 (+/-) sqft with 4 bedrooms and 2 3/4 baths. Additional separate studio with heat and air for hobbies, guests or office plus separate vanity and storage room. There's solar hot water and two wells. One well supplies all the needs of the house and the other unused well is in the downhill pasture for irrigation or water for livestock. This home boasts original hardwood floors ,tile counters, dual sinks glass stove top range and garbage disposal.There is central heat and air conditioning as well as a wood stove insert in the living room fireplace. Huge bonus family room ,shop and hobby room too. Plus a covered hot tub. Carport for 1 car plus plenty of parking. Bring your imagination and discover how this home/property can meet all of your family needs.
$595,000
Beds: 2 | Bath: 2 | Sq Ft: 1600 | Acres: 18.50 | Built: 1991 | MLS ID: LC19214061 | Status: Active
Over 22 beautiful acres with creek, pond all usable. Duplex is 800 square feet on each side with 1 bedroom 1 bath, kitchen and living area.
$1,450,000
Beds: 4 | Bath: 5 | Sq Ft: 6300 | Acres: 1.57 | Built: 1982 | MLS ID: LC19143982 | Status: Active
PRIME 1.56 ACRE LAKEFRONT ESTATE PROPERTY! Location, location, location...this 6,300sf, 4bd, 4.5 ba estate sits in one of the best locations at the tip of Buckingham Peninsula! With over 330 feet of LAKEFRONT overlooking The Narrows, this location offers prestige, privacy & sweeping lake views. Come and restore this custom-built home to it's original grandeur. Featuring an impressive layout & expansive space, there is room for everyone. With a little work, this home will once again shine & impress with its spiral staircase, classic formal living room with marble fireplace, stately formal dining room, comfortable family room with wood-burning fireplace, dining area with a party-style bar & oversized office with built-in bookshelves. The entertainer's kitchen & breakfast nook overlooks the lake and hillside beyond & has a walk-in pantry and a climate controlled wine closet. Upstairs discover the fabulous master suite with marble fireplace & mini bar in the attached sitting room that leads out to the wrap around deck with fantastic lake views. Three additional bedrooms and two full bathrooms, plus a bonus media room upstairs complete the space. Step outside on to the brick patio area
CAMETROLIST
CABAREISCopyright {Year}, Bay Area Real Estate Information Services, Inc. All Right Reserved.
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 10/22/2019. CABAREIS is current as of 10/22/2019.

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