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 Rancho Cordova

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$295,000
Beds: 3 | Bath: 2 | Sq Ft: 1063 | Acres: 0.15 | Built: 1964 | MLS ID: 19001409 | Status: Active
Cute turn key home just steps away from the American River access at El Manto with biking, hiking, swimming and fishing. This 3bd/2bth home has dual pane windows throughout, fresh paint inside and out, and painted kitchen cabinets with new glaze on counter-tops. Also has an indoor laundry room and a large back yard with various fruit trees. Great starter home.
Listing provided courtesy of RE/MAX Gold Sierra Oaks
$344,900
Beds: 3 | Bath: 2 | Sq Ft: 1524 | Acres: 0.11 | Built: 1996 | MLS ID: 18081057 | Status: Active
Beautiful, recently updated, and move in ready home with 3 Bed/2 Bath featuring extra space at master bedroom, could be used as a nursery, office or reading place. Breakfast nook, large kitchen w/ granite counter & recently updated tile floor.Recently updated laminate flooring through out & plantation shutter at living area. Conveniently located in the heart of Rancho Cordova, close to HYW 50, shopping, restaurants, park, hospitals, public transportation. Must see to appreciate this home
Listing provided courtesy of Re/Max Gold Fair Oaks
$349,000
Built: 1991 | MLS ID: 18012565 | Status: Active
Industrial condo unit, being offered for sale. Tenant is month to month and will vacate with 30 day notice. Solid tilt-up construction, built-up roof, grade level roll-up door, plus well maintained industrial park.
Listing provided courtesy of RE/MAX Gold
$395,000
Beds: 4 | Bath: 2.5 | Sq Ft: 2019 | Acres: 0.06 | Built: 2007 | MLS ID: 19001285 | Status: Active
Welcome home to Anatolia! Charming four bedroom home with bonus room and two & half bath. Simple living and close to the beautiful Anatolia Clubhouse with pool,gym, tennis courts and much more.
Listing provided courtesy of RE/MAX Gold Rocklin
$412,000
Beds: 4 | Bath: 3 | Sq Ft: 1851 | Acres: 0.14 | Built: 2005 | MLS ID: 1812000438 | Status: Active
This Immaculate home is located in the desirable Villages of Zinfandel at Stone Creek. 4 bedroom, 3 bathroom, nicely updated and move-in ready. The master bedroom with 2 closets, there is a full bedroom and bathroom downstairs. The updated kitchen w/ granite counters and stainless steel appliances is open to the large family room which has high ceilings & lots of light. Large backyard w/stamped concrete patio is great for entertaining & maintenance. No HOA. Check this out, won't last long.
$418,000
Beds: 4 | Bath: 2.5 | Sq Ft: 1968 | Acres: 0.11 | Built: 2006 | MLS ID: 18077198 | Status: Active
Anatolia at its best! Are you looking for a updated, 4 bedroom, 3 bath home? Here it is! Beautiful backyard for those warm summer nights! The community offers a pool, clubhouse, tennis courts. Walk to park, school and shopping!
Listing provided courtesy of RE/MAX Gold Fair Oaks
$449,900
Beds: 4 | Bath: 3 | Sq Ft: 2759 | Acres: 0.13 | Built: 2006 | MLS ID: 1810000597 | Status: Active
Beautiful Move in ready 4Bed/3Bath with 3 Car Garage. This could the one you are looking for. Featuring guest bedroom downstairs with full bath, large loft upstairs, recently updated bathroom counter top, granite counter top at kitchen, stainless steel appliances, large island, textured laminate floor, private courtyard. Enjoy the swimming pool, spa and gym at the Club House. This won;t last long.
$458,888
Beds: 4 | Bath: 3 | Sq Ft: 2365 | Acres: 0.11 | Built: 2016 | MLS ID: 18069946 | Status: Active
Why BUY NEW, when this home is already done FOR YOU! Hurry out and see this NEW LISTING, that shows like a Model Home, w/all the UPGRADES you could ever want! Backyard is DONE! and NO HOMES behind you for ultimate PRIVACY! SOLAR Power, Tank-less water heater, LED LIGHTING, Wood-like Tile Floors, Bedroom & Full Bathroom Downstairs. Laundry Room Upstairs w/extra storage, LOFT AREA, Master Suite & Bath w/separate Shower & Soaking Tub, Dual Sinks, Huge Walk-In Closet! Custom Painted Garage Door.
Listing provided courtesy of RE/MAX Gold Sierra Oaks
$468,000
Beds: 4 | Bath: 3 | Sq Ft: 2704 | Acres: 0.11 | Built: 2013 | MLS ID: 1901000049 | Status: Active
AWSOME HOME IN RANCHO CORDOVA SUNRIDGE PARK COMMUNITY. NO HOA! SOLAR PAID IN FULL! FEATURES 4 BED 3 BATH OFFICE AND 500SF BONUS ROOM. SHUTTERS INCLUDED NEWLY REMODELED FLOORS AND PAINT. HURRY CHECK THIS OUT! THIS WON'T LAST
$488,000
Beds: 4 | Bath: 3 | Sq Ft: 2704 | Acres: 0.11 | Built: 2013 | MLS ID: 19000364 | Status: Active
AWSOME HOME IN RANCHO CORDOVA SUNRIDGE PARK COMMUNITY. NO HOA! SOLAR PAID IN FULL! FEATURES 4 BED 3 BATH OFFICE AND 500SF BONUS ROOM. HUGE KITCHEN WITH WIDE OPEN CONCEPT. EXTRA LARGE ISLAND FOR BREAKFAST AND CASUAL GATHERINGS. SHUTTERS and CEILING FANS THROUGH OUT. NEWLY REMODELED FLOORS AND PAINT. HURRY CHECK THIS OUT! ITS THE BEST PRICE AMONG THIS TYPE OF HOUSES IN THE NEIGHBORHOOD. THIS WON'T LAST
Listing provided courtesy of RE/MAX Gold Laguna
$489,000
Beds: 4 | Bath: 3 | Sq Ft: 2802 | Acres: 0.20 | Built: 2008 | MLS ID: 18079741 | Status: Active
Immaculate single story Lrg 4 bedroom 3 bath JTS home in upscale Anatolia estates!,large lot! Formal Living/ Dining, huge Family Room, granite counters in Kitchen. Brand New Carpet, Painted, 18x18 tile floors, granite counter-tops in Master suite & sitting area, & walk in closets + soaker tub, home theater pre-wired, alarm, Home Office, Community pool, club-house & exercise room. Windows galore light & bright. This home is move in condition! Close to walking trails. 3 car garage!
Listing provided courtesy of RE/MAX Gold Sierra Oaks
$899,000
Acres: 1.32 | MLS ID: 19001052 | Status: Active
This property is zoned for a hotel or restaurant. Currently the owner is working on getting a site map drawn up for 80-85 room hotel. Already approved for a Hilton Home 2 Suites. Great location for a restaurant too!
Listing provided courtesy of RE/MAX Gold
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