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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MLS ID: 18021494 | Status: Active
Located at big shopping center. Dry cleaner pick up store and water facility. It is good for alteration for professionals. Easy to operate the water facility. Big space can be extended business.
Listing provided courtesy of Re/Max Gold Fair Oaks
MLS ID: 17069686 | Status: Active
Incredible business opportunity in Turn-Key condition, located in established business area for over 27 years. 2,800 sq. ft., 2 restrooms, for 70-80 seating's. Recently remodeled with new equipment: refrigerator, oven, grill and oven hood. New furniture, paint and floor tile. New patio covering with additional seating. Big variety of menu and weekend catering attract many customers and bring revenue. Existing lease for 4.5 years at $3,600 per month (base rent). Great potential for food industry!
Listing provided courtesy of Re/Max Gold Fair Oaks
Beds: 4 | Bath: 2 | Sq Ft: 1511 | Acres: 0.15 | Built: 1972 | MLS ID: 18049918 | Status: Active
Nice 4 bedrooms, 2 baths, 2 car garage, home in desirable Rancho Cordova area close to shopping, schools, park, freeway. Featuring separate living room and family room with fireplace, updated kitchen, laminate flooring, fresh paint. Large yard with patio and shed.
Listing provided courtesy of Re/Max Gold Fair Oaks
Beds: 4 | Bath: 2 | Sq Ft: 1511 | Acres: 0.15 | Built: 1972 | MLS ID: 1807004243 | Status: Active
Nice 4 bedrooms, 2 baths, 2 car garage, home in desirable Rancho Cordova area close to shopping, schools, park, freeway. Featuring separate living room and family room with fireplace, updated kitchen, laminate flooring, fresh paint. Large yard with patio and shed.
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
Beds: 3 | Bath: 2 | Sq Ft: 1468 | Acres: 0.13 | Built: 2003 | MLS ID: 1808000276 | Status: Active
Great neighborhood Village of Zinfandel. This home is perfect for first time home buyers or investor. Backs-up to beautiful Greenbelt. Located near park, hospitals, shopping, dining and freeway. Don't miss this opportunity for a move in ready home!
Beds: 4 | Bath: 3 | Sq Ft: 1851 | Acres: 0.14 | Built: 2005 | MLS ID: 18062737 | Status: Active
Beautiful Two Story Home, Spacious 4 Bedrooms, 3 Bathrooms, High Ceilings (downstair Bedroom & Bath). Chef's Kitchen with Dining Area. Gas Range, Dishwasher, Built-in Microwave with Tile Flooring. Great Room & Bedrooms with Carpets. Big Master Bedroom with 2 Closets. Master Bath with Double Sinks, Shower & Tub. Great Home in Established Neighborhood. Big Backyard, Great for Entertaining or Family BBQs. Close to Shopping Centers & Schools. Folsom Cordova School Districts. Must See!!
Listing provided courtesy of RE/MAX Gold Laguna
Beds: 3 | Bath: 2 | Sq Ft: 1983 | Acres: 0.16 | Built: 2012 | MLS ID: 1808001059 | Status: Active
JUST LISTED & WON'T LAST LONG! Welcome to 12346 Little Dome Way, a Single Story Home located in one of Rancho Cordova's most highly sought-after communities, SUNRIDGE PARK. Single Story home, 3-Car Garage, that is loaded with UPGRADES, such as NEW CARPET, Granite Counters, Stainless Appliances, Pre-Wired for Surround Sound in Living Room, and Master Bedroom, Plantation Shutters, Fresh Interior Paint, Laundry Room with Sink, Upper Cabinets, Tile Floors,Gas BBQ connection, Large Backyard! Hurry!
Beds: 3 | Bath: 2 | Sq Ft: 1916 | Acres: 0.15 | Built: 2004 | MLS ID: 18064074 | Status: Active
This popular Elliot home is bright and beautiful with lots of custom upgrades in an open 3 bedroom and 2 full baths layout, plus a convertible dining room/bedroom. Inside, it boasts 1916 square feet of livable space, brand new exterior and Interior paint throughout, new tile and carpet in the living room, granite counter tops in kitchen and baths, and beautiful fixtures/ceiling fans. Outside, both back and front yards have been fully landscaped and upgraded with recently added palm and pine tre
Listing provided courtesy of RE/MAX Gold Midtown
Beds: 4 | Bath: 2.5 | Sq Ft: 2006 | Acres: 0.15 | Built: 1978 | MLS ID: 18064689 | Status: Active
FABULOUS LOCATION!!! In One of the Best Neigborhood along the American River Parkway. Beautiful Tri-Level Sunriver Home with Double Entry Doors. Vaulted ceilings, NEWLY REMODELED KITCHEN W/GRANITE COUNTERTOPS,NEWER Appliances. A Downstairs Bedroom and Bathroom,Fireplace,Whole House fan & More Desirable features. The backyard has a NICE BUILT IN SWIMMING POOL with a BRAND NEW POOL PUMP,BRAND NEW HVAC.BUT THE MOST EXCITING IS IT HAS A PAID OFF SOLAR SYSTEM!!!COME AND VISIT ME AND MAKE IT A HOME.
Listing provided courtesy of RE/MAX Gold Laguna
Beds: 4 | Bath: 2.5 | Sq Ft: 2711 | Acres: 0.15 | Built: 2007 | MLS ID: 18053985 | Status: Active
Absolutely gorgeous home located in highly desired Anatolia community! 4 bedrooms, 2.5 bathrooms, upstairs laundry, balcony off master & front bedroom. A very light & bright, open floor plan with beautifully updated kitchen, stainless steel appliances, large yard w/ stamped concrete patio. Great family friendly community, walking distance to community pools, 2 parks & TOP RATED Elk Grove Schools! Easy access to HWY 50, American River, hiking/biking trails, Tahoe, & Bay Area!
Listing provided courtesy of RE/MAX Gold Rocklin
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