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 95616

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$0 - $408,000
MLS ID: 19057806 | Status: Active
Wonderful open floor plan with 1596 square feet of offices ready for your business. Currently vacant. Great light throughout the space with a possible 8 offices, currently made to with more open concept with 2 closing office doors. Includes large kitchen break room with built in cabinets, closet with workstation, sink, mini frig, built-in microwave, and glass door. Flooring with carpet and vinyl. Many built in desk and storage, 1 work room, 2 restrooms, near freeway, downtown, University of Davis, Sutter Hospital and restaurants.
Listing provided courtesy of RE/MAX Gold, Good Home Group
$65,000
Beds: 2 | Bath: 2 | Sq Ft: 700 | MLS ID: 19071309 | Status: Active
Walk out your door right into downtown Davis (200 feet away). Nice clean community popular with UCD grad students. 2009 Model & 5 mins to campus, smart floor plan. See this beautiful home with its very convenient location. This newer home is energy efficient and is conveniently located near shopping, restaurants and transportation. An affordable option for UC Davis students, individuals on a fixed income or investors.
Listing provided courtesy of RE/MAX Gold Laguna
$300,000
MLS ID: 1811000390 | Status: Active
Once in a Life time opportunity for a restaurant entrepreneur. One price for two businesses in the desirable and busy Downtown Davis. Great location and setup for booming eatery and bar. Ample of parking spaces. All you need is your experience and vision. It is dream business in the making.
$312,000
Acres: 0.12 | MLS ID: 18003739 | Status: Active
Welcome home to the Cannery, This is a rare opportunity to build your dream home at The Cannery , where the neighborhoods are built with sustainable and energy efficient features in every home. The idea for living at The Cannery is pure and natural: Surround homes with parks and a working farm. Don't miss your opportunity to build your dream home at the Cannery. Call today for details
Listing provided courtesy of RE/MAX Gold, Good Home Group
$329,000
Beds: 2 | Bath: 1 | Sq Ft: 804 | Built: 1994 | MLS ID: 1903001250 | Status: Active
This cozy, move in ready 2 bed, 1 bath cottage is conveniently located in West Davis on the Aspen greenbelt. Ideal peaceful location next to only one neighbor and the community room. Beautiful new laminate wood flooring through out lends to the spacious open floor plan and ensures easy footing. The Olympic Cottages is a senior community (62+ yrs) that offers comfortable, low maintenance living. Whether you are chatting with the neighbors at the gazebo, walking your dog on the adjacent greenbelt or considering whether you will walk or bike to your doctor appointment at Sutter because it's so close to home, you'll love life at the Olympic Cottages! This unit includes a covered carport and exterior storage space. The HOA covers roof mainten
$430,000
Beds: 2 | Bath: 1.5 | Sq Ft: 1142 | Acres: 0.03 | Built: 1984 | MLS ID: 1907000348 | Status: Active
Brand new paint, carpeting and laminate flooring! Vacant and ready for quick move in! Excellent corner location with large pretty yard. Shade tree offers a great place to hang out on the patio. Open and spacious light and bright. Updated condo has all you could ask for! Stonegate Country Club near Condo includes swimming pool, tennis, lake, and more!
$449,000
Beds: 4 | Bath: 1 | Sq Ft: 1488 | Acres: 0.15 | Built: 1956 | MLS ID: 19071085 | Status: Active
These opportunities don't come along in Davis too often. A handyman special loaded with potential. A 3 or 4 bedroom, one bath property. Trane CH/A, Foam insulated roof with new top coat, upgraded electrical panel, newer water heater, plus thermal windows. Perfect for the investor or contractor looking to create a positive cash flow. Large enough lot where you could also add a tiny home to generate more revenue. Very near downtown and UC Davis.
Listing provided courtesy of RE/MAX Gold Davis
$485,000
Beds: 3 | Bath: 1 | Sq Ft: 1235 | Acres: 0.11 | Built: 1987 | MLS ID: 1905022098 | Status: Active
Rain or shine, Seabright will light you up! Beautiful and clean halfplex in a cul-de-sac within the Stonegate Country Club boundaries. Three bedrooms, indoor laundry closet, newer flooring makes this move-in ready home a unicorn. Cheerful and light open floor plan makes you forget this is a halfplex. Spruce up your patio off your master bedroom and enjoy mornings or evenings in your spacious backyard just waiting for your creative vision! Close proximity to Super Owl Brewing, Lampost Pizza, ramen, IGA Westlake grocery store, buslines, UC Davis campus and West Davis pond for wildlife viewing. See bright plans in your homeownership future!
$575,000
Beds: 4 | Bath: 2 | Sq Ft: 1313 | Acres: 0.14 | Built: 1994 | MLS ID: 1907000246 | Status: Active
Enjoy this lovely updated 4 bedroom/2 bath single story located close to schools and shopping! Low maintenance gardens. Enjoy fruit trees and spaces to grow your own veggies! Updated kitchen offers: Quartz countertops, farmhouse style sink, tile floor, in-style grey cabinets with abundance of storage, stainless steel appliances including free standing refrigerator, dishwasher, gas stove. Laminate floors thru-out. Freshly painted interior and exterior painted within the year. BEST FEATURE: Each room has its own heating and air - everyone can enjoy their own temperature!!
$650,000
Beds: 4 | Bath: 2 | Sq Ft: 1733 | Acres: 0.20 | Built: 1965 | MLS ID: 1904000311 | Status: Active
NEW LISTING IN CENTRAL DAVIS Great floor plan with 4 bedroom 2 bath and a huge mud room/ laundry room off garage. New paint, new carpet, new foundation where needed, new garage door, new electric fireplace with a beautiful warm glow that does not pollute. Big corner lot of almost 9000 sq feet on quiet Cul-de-Sac. Nice sunny kitchen and family room. Old hardwood under new carpet in bedrooms and exposed old school hardwood in hallway. Beautifully updated bathrooms. $650,000
$665,000
Beds: 4 | Bath: 2 | Sq Ft: 1662 | Acres: 0.19 | Built: 1951 | MLS ID: 1907000148 | Status: Active
Celebrate a most exciting 4th of July by touring this exceptional Central Davis remodel! The 450 sq. ft. addition in 2015 features a new master bath, a new hall bath and new bedroom. Remodel passed green energy standards with new lighting and plumbing fixtures throughout. 2015 cool roof with new sheathing, attic ventilation and gutters. 2015 furnace and A/C. Spectacular refinished hardwood floors. Freshly painted interior. Dual pane windows. Large, sunny kitchen with French doors opening to a Trex deck, a bounty of fruit trees and two raised garden beds. Plums are ripe and bursting with flavor. Spacious lot over 8,000 sq. ft. has a wonderful blend of sun and shade, with plenty of grass for kids to play. Leave the car in the garage - it's a
$665,000
Beds: 3 | Bath: 2.5 | Sq Ft: 1761 | Built: 2019 | MLS ID: 19062285 | Status: Active
Not only is it elegant and brand new, Gala is shaping up to be a friendly and cohesive community. $39,000 worth of gorgeous upgrades to this not-yet lived in Gala flat include wide plank wood-like flooring, plantation shutters, quartz countertops and stainless appliances. This Plan 4, with 3/3 and private laundry is a rare corner unit with a private covered patio overlooking the greenbelt - an ideal location, and filled with natural light! The building is upscale, served by a quiet elevator, ground floor garage, storage galore and the building is low maintenance and energy efficient. Cannery amenities include a 25 yard heated pool, spa, clubhouse, parks, trails, bocce court, and a 5 acre urban farm. The Cannery is filled with people of al
Listing provided courtesy of RE/MAX Gold, Good Home Group
$675,000
Beds: 3 | Bath: 2 | Sq Ft: 1608 | Acres: 0.11 | Built: 1993 | MLS ID: 1901001244 | Status: Active
Lovely Northstar single story with over 1600sf located on quiet street near Northstar park & Pintail mini -park. Enjoy vaulted ceilings in this light and bright open floor plan Beautiful tile floors. Kitchen offers stainless appliances, birch cabinets with large breakfast nook which sellers are using as an office. Cozy fireplace in the family room. Desirable Davis Schools - Northstar Elementary, Holmes Jr. High and Davis High School all within biking distance.
$719,000
Beds: 4 | Bath: 2.5 | Sq Ft: 1935 | Acres: 0.14 | Built: 1995 | MLS ID: 1904000065 | Status: Active
Immaculate 4 Bedroom, 2.5 Bathroom West Davis home with a separate 400 sq.ft. Studio above the garage. Studio is not included in the square footage of the home and has heat & air conditioning. Updating in the last year include new roof, new heat & air system, most interior paint, water heater and luxury vinyl plank flooring. Detached 2 car-garage. Just steps from Arroyo Park/Pool and Patwin Elementary School. This property is in move in condition.
$728,800
Beds: 3 | Bath: 2.5 | Sq Ft: 2141 | Acres: 0.10 | Built: 2001 | MLS ID: 1908000362 | Status: Active
Easy living is the feeling you get when entering this gorgeous home. Step into the inviting living room and formal dining where real hardwood floors greet you. The generously sized kitchen has pantry space galore and features a 5-burner gas range, a double oven and beautiful finishes. No need to worry about juggling the turkey and the pie in this kitchen! The breakfast table overlooks the enchanting covered patio that one can use all year round. The downstairs laundry is large and overlooks the perfectly sized, low-maintenance back yard. Upstairs you will find the master suite with a newly remodeled spa-like bathroom as well as two bedrooms, a full bath and a large bonus room. The bonus room could be your office, studio, rumpus room
$739,000
Beds: 3 | Bath: 2.5 | Sq Ft: 1978 | Acres: 0.06 | Built: 2016 | MLS ID: 1906001152 | Status: Active
This is your chance! Only a few years old, this beautiful home has a decidedly contemporary feel with real hardwood floors, sleek Cesarstone countertops, backsplash and island with custom waterfall edge and countless upgrades. Although this home is tucked away on a private lane, it sides up to the street allowing you abundant parking and potential access to the community park and gardens which are just steps away. If energy efficiency is your thing, this home has it all: solar (owned), on demand hot water, dual zone climate controls, cool/fire resistant roofing, LED lighting throughout, Low VOC thermal insulation, paint and finishes, as well as water conserving features inside and out. The Cannery is Davis' award-winning master planned c
$799,000
Beds: 4 | Bath: 3 | Sq Ft: 2189 | Acres: 0.06 | Built: 2017 | MLS ID: 1903001261 | Status: Active
Exquisite home in the Cannery community. Enjoy the modern lifestyle this home offers. Open, light and bright floor plan, tailor made for the family that wants a newer Davis property that has barely been lived in. The solar gives you relief from the high utility bills. A multitude of luxuries await you at the Cannery, including a community clubhouse and pool. Surrounded by green belts and near the Nugget shopping center, plus close proximity to schools and downtown Davis.
$0 - $800,000
Built: 1983 | MLS ID: 18082376 | Status: Active
One of 8 buildings in the Covell Propfessional Center. Investor opportunity or ideal for an owner occupant Easy maintenance due to an owners' association that maintains exterior and common area. Owner will install new flooring during escrow, newly painted. Spacious private offices, windows on three sides, storage areas, waiting room & business office, two floors with two large rooms on the second floor. See attached floor plan for lay out.
Listing provided courtesy of RE/MAX Gold Davis
$850,000
MLS ID: 19068826 | Status: Active
Convenience Store For Sale. Great location, just minutes from UC Davis. Many multifamily properties nearby. Corner location, 2,100 sf building, ample parking. Type 21 ABC License. Clean, well run business.
Listing provided courtesy of RE/MAX Gold
$869,000
Beds: 4 | Bath: 3 | Acres: 0.23 | Built: 1971 | MLS ID: 19062756 | Status: Active
Rare duplex located at the end of a cul-de sac and bordering the greenbelt in Covell Park. Both units have gorgeous vaulted wood ceilings, private covered patios with sitting areas, fireplaces, ceiling fans, one car garages, laundry closets, and large yards. Additional features, some tiled floors, freshly painted exterior, new carpet in the bedrooms of 2122 unit, and spruced up landscaping. The duplex contains a spacious 2 bedroom, 1 bath unit and a 2 bedroom, 2 bath both rented until 2020. The coveted location is known for being quiet, peaceful, and extremely easy to rent. Many neighbors are owner occupiers with tenants paying for half their mortgage and can boast of a great investment. This well maintained duplex will not last long. Enjo
Listing provided courtesy of RE/MAX Gold, Good Home Group
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CAMETROLIST
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 10/17/2019.

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