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 Shingle Springs

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$169,000
Acres: 4.26 | MLS ID: 18025215 | Status: Active
If you're looking for VIEWS, look no further! Lot with easement for road and utilities has prime location on paved road. Close to HWY 50, shopping and dining yet has that country feel. Fantastic schools!!!
Listing provided courtesy of RE/MAX Gold Cameron Park
$199,000
Acres: 10.00 | MLS ID: 17011529 | Status: Active
Build your dream home on this gorgeous 10 acre parcel with lots of trees and beautiful views! Usable property has capped well. Year round stream along the boundary line. Electricity on Magpie to the property. This property has all the country feels but is still close to shopping and dining in Cameron Park! Only 10 minutes to HWY 50!
Listing provided courtesy of RE/MAX Gold Cameron Park
$199,000
Acres: 10.00 | MLS ID: 17011529 | Status: Active
Build your dream home on this gorgeous 10 acre parcel with lots of trees and beautiful views! Usable property has capped well. Year round stream along the boundary line. Electricity on Magpie to the property. This property has all the country feels but is still close to shopping and dining in Cameron Park! Only 10 minutes to HWY 50!
Listing provided courtesy of RE/MAX Gold Cameron Park
$239,000
Beds: 3 | Bath: 2 | Sq Ft: 1742 | MLS ID: 18057336 | Status: Active
Shows like a model home! Original owners have taken immaculate care of this 3 bedroom, 2 bath home both inside & out. Open bright layout with vaulted ceilings & dormers, newer laminate flooring in 2017, exterior painted in 2016. Composite decking both front and back with covered porch and lovely private backyard sitting areas for relaxing or entertaining. 2-car detached garage.
Listing provided courtesy of RE/MAX Gold
$275,000
Acres: 14.05 | MLS ID: 18048522 | Status: Active
Unbelievable views of the surrounding foothills and canyons can be yours from this 14+ acre parcel. In an area of high end custom homes, this would make a great property to build on. Drive up Wegotta Way to see the flat land and best views at the top! Very private yet less than 10 minutes to HWY 50. Electricity along Marybelle. Great schools!!
Listing provided courtesy of RE/MAX Gold Cameron Park
$299,000
Acres: 12.79 | MLS ID: 18049959 | Status: Active
Once in a lifetime VIEWS from this 12+ acre parcel! Private setting with gated entry provides the peaceful escape you're looking for. Water meter is in and electricity nearby makes building less expensive. Building site at the top of the hill has been graded. Close in location and great schools!!!
Listing provided courtesy of RE/MAX Gold Cameron Park
$470,000
Beds: 3 | Bath: 3.5 | Sq Ft: 2606 | Acres: 1.45 | Built: 1957 | MLS ID: 18057154 | Status: Active
2 HOMES/2 meters on usable 1.45 acres. The main house is 1956 sq.ft, 3 bedroom 2.5 bath w/newer roof and central heating system. The living room has a fireplace and large slider with a great view of the back yard. Separate bonus room that can be used as a playroom. Detached second dwelling is a 650 sq.ft, 1 bedroom, 1 bath with living area and kitchen w/ it's own meter and septic line.
Listing provided courtesy of RE/MAX Gold El Dorado Hills
$470,000
Beds: 4 | Bath: 3.5 | Acres: 1.45 | Built: 1957 | MLS ID: 18060435 | Status: Active
FIXERS: 2 HOMES/2 meters on usable 1.45 acres. The main house is 1956 sq.ft, 3 bedroom 2.5 bath w/newer roof and central heating system. The living room has a fireplace and large slider with a great view of the back yard. Separate bonus room that can be used as a playroom. Detached second dwelling is a 650 sq.ft, 1 bedroom, 1 bath with living area and kitchen w/ it's own meter and septic line.
Listing provided courtesy of RE/MAX Gold El Dorado Hills
$475,000
Acres: 29.39 | MLS ID: 18034242 | Status: Active
Nearly 30 acres of usable acreage in the heart of Shingle Springs. Excellent location close to HWY 50 and Ponderosa High School. Zoned RE5 so possible split? EID lines run along Meder Road. Build your dream home here!
Listing provided courtesy of RE/MAX Gold Cameron Park
$589,900
Beds: 3 | Bath: 4 | Sq Ft: 2363 | Acres: 5.01 | Built: 2000 | MLS ID: 18046266 | Status: Active
Your new Single Story home perched on top of a hill in exclusive Ridgewood Estates with private gated entrance offers an open floor plan. The backyard is an entertainer's paradise with foothill views, sparkling in ground heated pool/spa combo perfect for those hot summer days! Indoors feature all new floors, massive bedrooms. Lots of room for your horses and pets on over 5 usable acres. Close to Highway 50 for an easy commute. Move in ready!
Listing provided courtesy of RE/MAX Gold Cameron Park
$649,000
Beds: 3 | Bath: 2.5 | Sq Ft: 2346 | Acres: 1.03 | Built: 1983 | MLS ID: 18059310 | Status: Active
Looking for Spectacular Sierra Views? This property has these and more, w/updates throughout. Intuitive floor plan. Turn-key home w/fresh interior paint + soaring wood vaulted beam ceiling in F/R. New HVAC + Milgard Windows. Rambling decks w/VIEWS at upper floor + covered decks below! One of a kind home on 1+ acre w/POOL + tons of parking/RV access. Room for all the TOYS! Very spacious downstairs master suite. Great home for entertaining. Located minutes to Hwy 50 and other major conveniences!
Listing provided courtesy of RE/MAX Gold Cameron Park
$899,000
Beds: 4 | Bath: 3 | Sq Ft: 2727 | Acres: 5.01 | Built: 1989 | MLS ID: 18054055 | Status: Active
You will be swept away by the peaceful surroundings in this meticulously maintained ranch home on 5 acres with majestic oaks. Tucked deep into the exclusive gated Milton Ranch Estates. 4 bedrooms, craft room, 3 full bathrooms. Kitchen with granite counters, Large family room with wood stove, formal dining room, separate living room.This home lives like a 1-story w/ master suite down & 3 bedrooms upstairs. 2-car attached garage, 4-car detached garage. Pastures and tack room. Perfect for horses!
Listing provided courtesy of RE/MAX Gold Cameron Park
$987,000
Beds: 5 | Bath: 3.5 | Sq Ft: 3729 | Acres: 5.01 | Built: 2001 | MLS ID: 18058214 | Status: Active
Sweeping VIEWS to the Sacramento Valley are a rare find in this SINGLE STORY home in prestigious Royal Equestrian Estates. Desirable open floor plan is perfect for family gatherings and entertaining. 5 bedrooms plus a BONUS ROOM and home office. Extended outdoor living with peaceful pool, patio, deck, play area, garden, orchard and more. Private, cul de sac location and only 10 mins to HWY 50. Strong 24 gal/min well! Great Schools!!
Listing provided courtesy of RE/MAX Gold Cameron Park
$1,180,000
Beds: 4 | Bath: 3 | Sq Ft: 3332 | Acres: 8.90 | Built: 1999 | MLS ID: 18046210 | Status: Active
One-of-a-kind ~ Location, Lifestyle, Luxury. Do you like your privacy? How about room for a shop, dirt-bike riding or taking your kids to school on a quad? With 8+ acres surrounded by breathtaking VIEWS, this property offers a rare opportunity. No CCR's or HOA's allow for freedom of the spirit! Desirable open flrpln with Chef's Kitchen! New dual Heat/AC, Paint, Blinds. RV Garage, + work shops. Property can be SUB-DIVIDED - Grny Flat, Work Shop, Spec Home? 2661sf main hm, 626sf upstairs Bonus Rm
Listing provided courtesy of RE/MAX Gold Cameron Park
$1,595,000
Beds: 1 | Bath: 1 | Sq Ft: 744 | Acres: 200.00 | Built: 1937 | MLS ID: 18006418 | Status: Active
Located east of Sacramento in Shingle Springs area of the Sierra Nevada mountains, the Dutra Ranch is comprised of three (3) legal parcels totaling +/- 200-acres. Very high quality rolling ranch land with build-able parcels. Currently there sits a ranch cottage,w/1 bed & 1 bath,bath and kitchen updated! Perfect place to hang your hat after a day on the ranch! Current zoning is RE-10 (residential estate 10-acre minimum. 2-lakes, 7-natural springs, varying elevations from approx. 800' - 1,500'
Listing provided courtesy of RE/MAX Gold Midtown
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