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 95841

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$45,000
Beds: 2 | Bath: 2 | Sq Ft: 1250 | MLS ID: 19065332 | Status: Active
Spacious home in a great location! Easy access to shopping and hwy 80.
Listing provided courtesy of RE/MAX Gold
$99,000
Acres: 0.66 | MLS ID: 18078332 | Status: Active
Creekside lot, needs pad LOOKING FOR OFFERS. Sacramento County will assist with plan for pad.
Listing provided courtesy of RE/MAX Gold Laguna
$249,900
Sq Ft: 1571 | Acres: 1.79 | Built: 1947 | MLS ID: 19071379 | Status: Active
Land Only; Beautiful land surrounded by mature Oak Trees. Pastures with endless possibilities. Picture your own custom dream home with the options of ranch living, right in the city. Dreaming of a pool? lots of space for garden(s), horse, fruit trees and more. Tucked away but still close to the day to day amenities you may need. 1.79 acres.... a blank slate waiting for you.Zoning RD 2, zoned for possible 2 homes call county to verify building requirements. Great location for EZ Commute. Home is a tear down.
Listing provided courtesy of RE/MAX Gold Sierra Oaks
$249,900
Sq Ft: 1571 | Acres: 1.79 | Built: 1947 | MLS ID: 1910000520 | Status: Active
Beautiful land surrounded by mature Oak Trees. Pastures with endless possibilities. Picture your own custom dream home with the options of ranch living, right in the city. Dreaming of a pool? lots of space for garden(s), horse, fruit trees and more. Tucked away but still close to the day to day amenities you may need. 1.79 acres.... a blank slate waiting for you.Zoning RD 2, zoned for possible 2 homes call county to verify building requirements. Great location for EZ Commute. Home is a tear down.
$249,900
Acres: 1.79 | MLS ID: 19071370 | Status: Active
Beautiful land surrounded by mature Oak Trees. Pastures with endless possibilities. Picture your own custom dream home with the options of ranch living, right in the city. Room for a pool, build a shop or a barn, garden(s), horse, fruit trees and more. Tucked away but still close to the everyday to day amenities you may need. Access to freeway for EZ commute 1.79 acres a gorgeous rural acreage building site waiting for you.
Listing provided courtesy of RE/MAX Gold Sierra Oaks
$269,950
Bath: 1.5 | Sq Ft: 1400 | Built: 1986 | MLS ID: 1907000498 | Status: Active
TURN KEY STUNNING TOWN HOME! ONE OF A KIND! SELLERS INVESTED OVER $60,000 IN UPGRADES,THIS TOWN HOME IS LOCATED IN A QUIT AND SECLUDED NEIGHBORHOOD. SELLER WAS METICULOUS IN UPGRADES,GRANITE COUNTERS WITH HIGH END KITCHEN CABINETS UPGRADED LIGHTING SOLID WOOD FLOORS, CEILING FANS, REMODELED FIREPLACE W/BLOWER SYSTEM. NEW INTERIOR PAINT AND ENDLESS UPGRADES. THIS HOME IS A MUST SEE TO APPRECIATE! POOL, SPA, CLUBHOUSE. HOA'S COVER INSURANCE ON THE WHOLE EXTERIOR BUILDING INCLUDING MAINTENANCE OF THE GROUNDS AND COMMON AREA! THIS HOME WILL SELL FAST!
$315,000
Beds: 3 | Bath: 2 | Sq Ft: 1113 | Acres: 0.30 | Built: 1957 | MLS ID: 19068466 | Status: Active
Charming 3 bedroom 2 bath home with huge backyard for entertaining guests. As per seller ... County has informed Seller that another unit is authorized for this .300 lot size. Close to shops and schools. So much potential to utilize this lot.
Listing provided courtesy of RE/MAX Gold
$329,000
Beds: 3 | Bath: 2 | Sq Ft: 1400 | Acres: 0.18 | Built: 1957 | MLS ID: 1901001203 | Status: Active
Wonderfully updated home that is ready for your entertainment! Large front and rear yards that are ready to be easily transformed into that yard you've always wanted. Updated kitchen, stainless steel appliances, granite counters, newer flooring and cabinets. Very well appointed bathroom, tile floor, subway tile and marble vanity top. This home will not last long.
$334,900
Beds: 4 | Bath: 3 | Sq Ft: 1731 | Acres: 0.11 | Built: 1962 | MLS ID: 1906000529 | Status: Active
Perfect 1 story family home. Master suite, Master Bath w/ Jetted tub Large kitchen for entertaining. Separate family & living room. Extended driveway & side yard w/ RV access. Storage area. Tool Shed. Large enclosed patio. Great location, Close to schools, parks, shopping & freeway access. MUST SEE.
$605,000
Beds: 8 | Bath: 4 | Acres: 0.07 | Built: 1963 | MLS ID: 19050434 | Status: Active
Great for an investor 8 beds 4 baths- 2 BR 1 bath per unit with huge living rooms ,Over 3,500sq/ft of living space!. Quiet neighborhood and excellent tenants as of more than 1 year who all pay on time, Everything in great condition- just sit back and collect the rent. Dual pane windows. Tenants pay electricity, gas, and cable. HOA $260. Parking in front of building. A must see! .Close to markets and schools Arden mall 10 min away *laundry room- Potential for extra income can be made by adding coin/card washers and dryers - total rent = $3,725 monthly! Do not disturb tenants.. Hurry Won't Last Long!
Listing provided courtesy of RE/MAX Gold Stockton
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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