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.

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$125,000
Acres: 2.53 | MLS ID: 18074752 | Status: Active
tentative map with 12 lots. Attached is the conditions for the map. At this price one might just prefer to build a house and in-law unit.
Listing provided courtesy of RE/MAX Gold
$128,699
Acres: 5.17 | MLS ID: 19034670 | Status: Active
Dream home property!! Stunning long range views of Buttes and valley floor. Located in the Bitney Springs area known for it's beauty and water. Private setting yet centrally located less than 15 mins to downtown Nevada City and downtown Grass Valley with all the shopping, arts, and restaurants both towns have to offer. Strong producing well, pump tank, and holding tank installed. Underground utilities to property. Ready for the organic gardener with two fenced garden areas with organic soil and drip system. Less than a mile from the wonderful Nevada City School of the Arts. Seller motivated
Listing provided courtesy of RE/MAX Gold
$129,000
Acres: 2.40 | MLS ID: 19025784 | Status: Active
Nice lot, ready for you to build your dream home! Very private cul-de-sac location, 10 minutes to freeway, restaurant, and grocery stores in Colfax town. New septic system and well are installed, electricity paid for and ready to be connected to electric pole. The previous 560 square foot home was demolished on the property. Storage container is included. Year round creek running through the property.
Listing provided courtesy of Re/Max Gold Fair Oaks
$129,000
Beds: 2 | Bath: 2 | Sq Ft: 1232 | Acres: 0.13 | Built: 1963 | MLS ID: LC19192241 | Status: Active
Live in one rent the other! This duplex can easily convert to a 2 bedroom 2 bath home with family room and livingroom . A door connects the 2 units . On a fully fenced level lot and has a huge shop / garage plus 2 storage sheds . Easy walk to Fosters Freeze and the lakefront park and marina. Plenty of room for rv parking too!
$129,000
Beds: 1 | Bath: 1 | Sq Ft: 836 | Acres: 0.05 | Built: 1951 | MLS ID: 1906000296 | Status: Active
Affordable and quaint one bedroom home with fenced yard. Great investment opportunity. Cozy living room, open kitchen, indoor laundry.
$129,900
Beds: 3 | Bath: 3 | Sq Ft: 1928 | Acres: 0.26 | Built: 1960 | MLS ID: 201402156 | Status: Active
Priced To Sell Quickly! This is a fixer upper! Awesome opportunity to purchase a home in the country at a great price. Investors should take a peek. Home Owner Occupants should consider an FHA Rehab Loan Program, which at this price gives you the potential to do all the upgrades/repairs that are needed and have them built into your payment. Call your lender for details. This is a 3 bedroom, 3 bath, 1928 square foot home with Central Heating and Air Conditioning. Composition roof. Inside Laundry. Spacious living room. There are some areas of the home that need repair. Don't miss this chance to own a country property with so much potential. Call today to schedule a showing.
$130,000
Acres: 5.01 | MLS ID: 520451 | Status: Active
Beautiful 5.01 acres with well and nearby power. Beautiful creek area the parcel is secluded and loaded with native oaks and other trees. Ready to build. Adjacent parcel also for sale.
$130,000
Sq Ft: 182081 | Acres: 4.00 | MLS ID: 20190768 | Status: Active
4+ acres of gorgeous usable foothill property dotted with beautiful mature oak trees and views of the hills. This land is in the historic Townsite of Stent near Jamestown. Lots of potential here. Zoned R-1. Call your agent for an appointment today!
$131,500
Sq Ft: 388991 | Acres: 8.93 | MLS ID: 20191254 | Status: Active
8.93 acre parcel with views of Lake Don Pedro. Property goes along Jacksonville Road and River Road. Minutes to Moccasin Marina. Outline is for informational purposes only and may not be in exact alignment of the property lines.
$132,500
Sq Ft: 83200 | Acres: 1.91 | MLS ID: 20191069 | Status: Active
The Best Buy On Earth. This 1.92 acres makes a gorgeous site for your new home with Mormon Creek running through. The property has as a gated driveway, shed; chicken coop & outbuildings. All utilities, including well (needs repairs $4850); district ditch water, electricity, septic are in and it's ready to build. Easy access off Hwy 49 and just minutes from Sonora or to New Melones Lake. Rural living with an easy commute to many valley and bay area destinations.
$132,500
Acres: 1.91 | MLS ID: 19061222 | Status: Active
The Best Buy On Earth. This 1.92 acres makes a gorgeous site for your new home with Mormon Creek running through. The property has as a gated driveway, shed; chicken coop & outbuildings. All utilities, including well(needs repairs $4850); district ditch water, electricity, septic are in and it's ready to build. Easy access off Hwy 49 and just minutes from Sonora or to New Melones Lake. Rural living with an easy commute to many valley and bay area destinations.
Listing provided courtesy of RE/MAX Gold El Dorado Hills
$135,000
Beds: 2 | Bath: 2 | Sq Ft: 1052 | Built: 1972 | MLS ID: 21924147 | Status: Active
Comfortably situated with excellent perimeter location and views of greenery and Mt. St. Helena. Bright and cheery. Open concept, this cozy updated square ft 2 BD 2 BA home with beautifully designed interior have new gorgeous floors and new water heater.Relax and entertain in the spacious backyard.Roomy storage shed and much more. Plenty of room for sunroom if you decide to add on.Enjoy the park amenities, such as clubhouse and mineral springs pool, spa, jacuzzi as well as picnic areas, library and game room. Close to all Calistoga resorts and restaurants. Clean, quiet, private and welcoming home.
Listing provided courtesy of RE/MAX Gold Napa
$135,000
Acres: 5.00 | MLS ID: 201900004 | Status: Active
This 5 acre parcel has the well, septic and electric on site. Only your imagination needed to make this your dream home. Here is your opportunity to own your own piece of serenity. Located only a short distance from highway 20...just Far enough out of the town, but closest enough to commute to Grass Valley, Oroville, Sacramento...Great community!
$135,000
Acres: 10.36 | MLS ID: 19600979 | Status: Active
Hilltop land with expansive 360 degree long range views and lots of infrastructure such as a working well, power, a septic that may be useable, and useable foundations according to Yuba County. There's also county approved house plans that come with the property. This land offers lots of privacy and yet is located via county maintained roads quite close to local services like shopping, Collins Lake, Bullards bar dam lake, the post office and schools. The possibilities abound including building that little house whose plans are already drawn and approved, or custom designing a home to fit on the existing slab, or placing a manufactured home on the land. The savings will be huge as the utilities are there. And the views will always inspire!
Listing provided courtesy of RE/MAX Gold Yuba City
$135,000
Acres: 20.07 | MLS ID: 20190566 | Status: Active
Motivated seller wants this sold! Wonderful and private 20 acre parcel with some improvements in. A very strong well that produced 65 GPM when drilled! Owner will carry with good down. Part of the property has electrified deer fence around a large cleared garden area with raised beds. There are 3-4 almost new quality built sheds for various uses. There is a large amount of imported top quality soil. Has a gravel driveway. It's a great sunny spot for people who like to grow things. There are views of Collins Lake from some parts of the property. At the bottom of property is a nice seasonal stream. Collins Lake is only 8 minutes away and features swimming, boating and fishing. PG&E is very close and will hook up to the property for a fee. Ow
$135,000
Beds: 2 | Bath: 1 | Sq Ft: 924 | Acres: 0.19 | Built: 1970 | MLS ID: 1907000744 | Status: Active
Great condo in the Whispering woods community where you can enjoy the community picnic tables, swimming pool and community park! This move-in ready 2 bedroom, 1 bath unit has new flooring, paint, and appliances. Kitchen counters and tub surround have been resurfaced. Single story upper unit. 1 car garage, storage and shared laundry room. On-site property management is available. Only minutes from Highway 99 and Vintage Fair Mall.
$135,000
Beds: 2 | Bath: 2 | Sq Ft: 1248 | Built: 1975 | MLS ID: 21922893 | Status: Contingent-Show
Adorable 1248 Sq Ft Double Wide / 2 Bedroom 2 Bath / Open Floor Plan / Newer Carpet Throughout / Newer Cook Top Stove / Premium Court Location Near the Creek!! / Wood Board Siding / Central Heat & Air / Dual Pane / Enclosed Patio Room / Laundry Room / 2 Car Carport / Low Maintenance / Large Front Yard / Shed / No Age Restrictions. Community: Swimming Pool & Spa, Exercise Room, Recreation Hall, Basketball Court, Barbecue Pits, Horse Shoe Pit, Library, Billiards & Book Club. Centrally Located near TAFB
Listing provided courtesy of RE/MAX Gold
$138,000
Beds: 2 | Bath: 1 | Sq Ft: 772 | Acres: 0.09 | Built: 1938 | MLS ID: 527189 | Status: Active
Live year round or make it your weekend getaway before heading to Shaver & Huntington for skiing, fishing and more! This charming home in the cedar woods at Meadow Lakes. New windows, new flooring, new doors,  & new Insulation in walls. Electrical in the attic has been upgraded & brand new water heater. Septic system and leach lines are also new. Beautiful wood paneling. Relax on the cedar deck at about 4,600 ft elevation. Common area includes clubhouse, pond, & picnic area. Come check out this quiet cutie.
$139,000
Beds: 3 | Bath: 2 | Sq Ft: 1352 | Acres: 1.93 | Built: 1925 | MLS ID: 1812001041 | Status: Active
Charming Ranch home in Auberry. Home needs TLC but has a great vintage charm. Knotty Pine plank walls, large bedrooms, and indoor utility. Detached Carport/Garage with green house and shed. Large Deck overlooks the all usable 2 acres. Come check out this investor special.
$139,000
Acres: 1.03 | MLS ID: 1903001099 | Status: Active
Build your dream home on this amazing 1 ac parcel with Sierra Views. This lot is located in the lovely community of Long View Estates which features custom homes on estate size parcels. Water, sewer and power are all in.
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CABAREISCopyright {Year}, Bay Area Real Estate Information Services, Inc. All Right Reserved.
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 10/19/2019. CABAREIS is current as of 10/19/2019.

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