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 95603

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$0 - $350,000
MLS ID: 19000464 | Status: Active
FABULOUS, FANTASTIC LOCATION! This commercial zoned property has the perfect location. Build whatever building works for the business you want, it will service all of Auburn. RIGHT off Hwy 80 such a great site for so many buildings and businesses. Please call for more details. Motivated seller. .48 of an acre
Listing provided courtesy of RE/MAX Gold Sierra Oaks
$164,000
Acres: 0.35 | MLS ID: 19057274 | Status: Active
Ideal living location in Auburn with its pure and natural beauty surrounded by miles of rolling foothill views. The Auburn Bluffs include 28 lots which is ideally located just minutes from charming Historical Downtown Auburn, dining & wineries, hiking & biking trials & Hwy 80. All utilities to the lot and ready to build! Architectural plans approved by the HOA.
Listing provided courtesy of RE/MAX Gold El Dorado Hills
$184,000
Acres: 0.76 | MLS ID: 19000955 | Status: Active
New Price! Charming upscale subdivision in Auburn, Woodland Estates is walking distance to Old Town Auburn, restaurants, shopping and lots of fun. Fabulous views looking out over Auburn. Watch the train go by for all you train buffs. Build your dream home on this beautiful lot. House Plans available.
Listing provided courtesy of RE/MAX Gold Sierra Oaks
$184,000
Acres: 0.76 | MLS ID: 19000963 | Status: Active
New Price! Charming upscale subdivision in Auburn, Woodland Estates is walking distance to Old Town Auburn, restaurants, shopping and lots of fun. Fabulous views looking out over Auburn. Watch the train go by for all you train buffs. Build your dream home on this beautiful lot. House Plans available. Lot 18
Listing provided courtesy of RE/MAX Gold Sierra Oaks
$250,000
Acres: 0.53 | MLS ID: 18052358 | Status: Active
Listing provided courtesy of RE/MAX Gold Laguna
$299,900
Acres: 4.73 | MLS ID: 19032203 | Status: Active
Welcome to Auburn*4.6 Aacres*Perc and Mantle*Well in and Capped*Located on the Auburn Wine Trail*Minutes to Golf @ Auburn Valley Country Club*Minutes to the Hospital*Year Around Stream*Rock Out Croppings*Place to Call Your Own*Nice Stand of Oaks*Bring Your Animals*Auburn Airport Nearby*Private*Peaceful*Grazing*Build a Barn*No HOA's*Live in the Country*Great Neighborhoods*Build a Bridge Over Water*Water Runs Through It*See the Mountains*Owner Financing Available*
Listing provided courtesy of RE/MAX Gold
$300,000
Beds: 3 | Bath: 1 | Sq Ft: 840 | Acres: 0.35 | Built: 1949 | MLS ID: 19057802 | Status: Active
This property is located by the canyon next to the Manzanita and Stagecoach Trails! House has been in the family since built. Property needs TLC. This home has so much potential. Greenbelt next door is owned by the Placer Land Trust.
Listing provided courtesy of RE/MAX Gold
$320,000
Beds: 3 | Bath: 2 | Sq Ft: 1200 | Acres: 0.17 | Built: 1984 | MLS ID: 19027344 | Status: Active
Opportunity for a Sweat Equity Investor*First time Home Buyers*Looking for Rental Income* Great located home in the heart of Auburn. Close to shopping, hospital and all services. Easy access to Hwy 49 and I80. Single level 3 bedrooms 2 bath with a 2 car Garage. Nice landscaping. RV parking. Walking distance to shopping, coffee and restaurants*
Listing provided courtesy of RE/MAX Gold
$385,000
Beds: 3 | Bath: 2 | Sq Ft: 1374 | Acres: 0.22 | Built: 1978 | MLS ID: 1907001125 | Status: Active
Great location single level home on mostly flat lot priced to sell! Walking distance to shopping and 1 mile from train station. Property has fruit trees and room for an RV. Spacious living room with skylights and vaulted ceilings in kitchen, living and dining room. Delightful bonus sunroom with skylight and sliding door to shady backyard. Dual pane windows throughout. Nice workshop and built in cabinets in garage. All appliances included. PERFECT for first time buyer or investor! Street access for your RV. Shady backyard. Cathedral ceilings in living areas. Sunny sun room of about 120 Square feet, was added later and is to code but without permits. Close to schools and shopping. Quiet neighborhood, except for freeway. Workshop
$394,000
Acres: 4.90 | MLS ID: 19024073 | Status: Active
Incredible Location! One of the Last Magnificent Lots on the Canyon overlooking the North Fork of the American River. Backs up to the Auburn State Recreation Area/BLM Land. VIEWS!!! Clementine Falls, Foresthill Bridge & the Sierras. Perched on the edge of the Canyon, this could become an incredible retreat. Highly sought after neighborhood. Paved Road to the Site. Public Utilities Available,Water Meter Connected. Close to all services, Easy access to I80, just minutes to the local airport. Hiking trails, Biking, River Rafting, Skiing, and all that the Foothills and the High Sierras provide is just around the corner.
Listing provided courtesy of RE/MAX Gold
$419,000
Beds: 2 | Bath: 2 | Sq Ft: 1442 | Acres: 0.35 | Built: 1950 | MLS ID: 1906000298 | Status: Active
Spectacular and DARLING Vintage Cottage Located in the Heart of Auburn on Huge .334 acre lot*Newer Roof & HVAC w/ Fresh Interior Paint Throughout* Kitchen Features Gorgeous New Quartz Counter tops, White Cabinets, New Sink & Faucet*Nearly 1450 Square Feet w/Two Generously Sized Bedrooms * Two Updated Bathrooms w/Granite & Tile*Separate Family & Living Rooms* Dedicated Dining Room w/ Access to 1 of 2 Decks* Large Family Room has Original Hardwood Flooring & Beautiful Cozy Wood Stove*Newer Dual Payne Windows w/Window Coverings*Indoor Laundry w/Cabinets*The Serene Yard is a Gardeners Paradise w/Room to Add Your Own Flair or Nurture What's Already There! Extra Long Deep Driveway leads to Detached Over-sized Two Car Garage with Area for Worksho
$465,000
Beds: 3 | Bath: 2 | Sq Ft: 1875 | Acres: 0.20 | Built: 1989 | MLS ID: 1906000353 | Status: Active
Welcome home to this move-in ready single level gem! Recent updates include HVAC '18 and most windows 18'-'19. Great location close to Auburn Racquet Club, Shops and Restaurants. Easy access to Interstate 80.
$480,000
Beds: 4 | Bath: 3 | Sq Ft: 2084 | Acres: 0.25 | Built: 1964 | MLS ID: 1908000388 | Status: Active
This property offers options for Multi-Generational living or Rental Income with a Permitted 520sqft Apartment above the garage. Bright and Cheery Kitchen, Master bedroom opens up to a backyard paradise of mature fruit trees and plantings. New carpet, wood laminate flooring. Stained glass, Solar tubes, Skylights, large windows bring in natural light. Tankless water heater. Plumbed line for BBQ, Rv Parking and cleanout. Green house, tool shed. Ample storage in Garage. Plenty of parking spaces. The 1 bedroom apartment has a full kitchen & separate entrance.
$499,000
Beds: 3 | Bath: 2 | Sq Ft: 1855 | Acres: 0.51 | Built: 2019 | MLS ID: 18048356 | Status: Active
Buyer to Qualify for construction financing or have cash to purchase. Home & property as a package at asking price. New Single Level 1855 sq ft 3 Bd 2 Ba Home on Incredibly Quiet & Convenient .5 Acre Level Parcel. 9' Ceilings w/ Vaults in Great Room & Master bdrm. Covered Patios off the Great Room & Master bdrm Lead To Spacious Rear Yard w/ Room for Pool. Natural Water Feature, Meandering Canal/Stream Runs Through Property Bridge to Connect Additional Side Yard. Features: Granite Counters Tile Baths, Wood Flooring, Public Water + Irrigation Water Available, Over Sized 2 Car Garage w/ 18'X 8' Door, High Efficient HVAC.
Listing provided courtesy of RE/MAX Gold
$539,000
Beds: 3 | Bath: 2 | Sq Ft: 1965 | Acres: 0.24 | Built: 1994 | MLS ID: 1904000059 | Status: Active
Beautiful and impeccable describe this single story home located in the desirable Sullivan Ranch neighborhood. Open floor plan features granite counters throughout,stainless steel appliances,custom blinds,finished garage w/storage cabinets.Newly landscaped backyard has a park like setting with many trees,water fountain and patio.Close proximity to the Ridge golf course and many great Auburn shopping areas.
$711,000
Beds: 4 | Bath: 2.5 | Sq Ft: 3154 | Acres: 0.31 | Built: 2000 | MLS ID: 1907001030 | Status: Active
Move In Ready! This Beautifully Maintained Single Level Home is Located on Quiet Street in South Auburn. Large Fence & Landscaped Backyard Offers Large Covered Patio, Fruit Trees, Raised gardens, Pathways & Water Fountain. Chef's Kitchen ~ 5 burner Gas Cooktop, Double Ovens, Large Island, Opens to Light Bright Family Room With Gas Fireplace. Luxury Master Suite With Direct Access to Your Own Rear Yard Private Retreat. Living/Dining Rooms, 4 Bedrooms + Awesome Office. 3 Car Garage Is the Icing On the Cake Besides The Seller paid Solar System!
$929,000
Beds: 4 | Bath: 3.5 | Sq Ft: 3768 | Acres: 0.49 | Built: 2019 | MLS ID: 1905021686 | Status: Active
Stunning Brand New Construction Modern Contemporary build, With LOCAL views. Consistent light Grey colors, gold hardware. Large living room and a full bathroom on entry level. Also there is a 3 Car garage. Property sits on just shy of a half acre, on Cul-De-Sac. The possibilities are endless! Come see it before its gone!
$1,050,000
Beds: 3 | Bath: 3.5 | Sq Ft: 3320 | Acres: 0.47 | Built: 2017 | MLS ID: 1903000699 | Status: Active
Beautiful newer construction in Auburn, minutes from freeway access. The front patio enjoys gorgeous views of Auburn and beyond and creates a wonderful space to relax and take in the region's beauty. Once you step inside this light and bright single story home, you'll be captured by the open floor plan, spacious rooms, and stunning finishes including wood-like tile floors, quartz counters, smooth imperfect walls, stone accents, stainless steel appliances, and designer tile in the bathrooms. Other highlights include two 2-car garages (space for 4 cars), a fabulous master suite with a spa-like bathroom, 2 additional en-suite bedrooms, wet bar near the formal rooms, and a large laundry room. Formal living room can be converted to a fourth bedr
$1,199,999
Beds: 4 | Bath: 3.5 | Sq Ft: 4120 | Acres: 0.50 | Built: 2006 | MLS ID: 19044354 | Status: Active
PRICE IMPROVEMENT- This lovely Home affords you the luxury of both indoor and outdoor living and entertaining- you'll feel like your on vacation year round! From the 30' ceiling in the Formal Entry to the Gourmet Kitchen that is a Chef's Dream, Downstairs Master Suite, with Sitting area and dual Closets topped off with a downstairs Home Office. The backyard is like a photo from Better Homes and Gardens and includes a stunning Saltwater Pool with Pebble-tech bottom and Cascade, and Outdoor kitchen, offering poolside dining. Lovely Grecian water feature, Pagoda with Gas Fireplace is perfect for viewing those gorgeous nightly sunsets. All rooms connect and circle back with the wrap around porch, doubling your Summer entertaining and living sp
Listing provided courtesy of RE/MAX Gold Rocklin
$1,449,000
Beds: 4 | Bath: 4 | Sq Ft: 3111 | Acres: 2.20 | MLS ID: 19056095 | Status: Active
UNIQUE, UNEXPECTED, EXTRORDINARY! NEW Construction Estate On Wine Trail with waterfront year round stream in park like setting! Exquisite quality custom home has dramatic high ceilings, walls of windows & open & bright great room concept. Texas Limestone & hardy board exterior. Stunning stone fireplace. Master suite has incredible high end finishes with tile walls, huge frameless shower + soaking tub! Remote granny unit or large bonus room w/separate entrance from its own private patio. Perfect kitchen for entertaining w/ hand milled shaker cabinets, subway tiles, farmhouse sink & beautiful quartz counters. Pendant lights over huge island. Beautiful panoramic pastoral views from every window! Large covered patios. 900sf garage. Charming
Listing provided courtesy of RE/MAX Gold
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CAMETROLIST
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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.

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