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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$15,000
Acres: 0.12 | MLS ID: 18066695 | Status: Active
Build your Country living Home!!!!.....Located in Somerset....Peaceful living.
Listing provided courtesy of RE/MAX Gold Laguna
$15,100
Acres: 0.50 | MLS ID: 19009750 | Status: Active
There is a recorded easement for access purposes 30' in width over and across the southeasternly portion of Lot #215.
Listing provided courtesy of RE/MAX Gold Stockton
$17,000
Acres: 0.47 | MLS ID: 19056912 | Status: Active
What a great buy for almost a half acre in Unit 7 of Copper Cove. This property is fairly close to the common area, the KIVA for family fun! Depending on the location of building, a lakeview could be possible. Enjoy Black Creek with ball field, basket ball court, horse shoes, gazebo with running water, bar-b-q, lights and club house. Kiva offers swim area, boat docks, bab-b-q's, shaded area and bathroom facilities.
Listing provided courtesy of RE/MAX Gold Stockton
$17,500
Acres: 0.20 | MLS ID: 20162562 | Status: Active
A great solution to the lack of affordable houses in the Foothills, build your own! Watch the youtube video, see the beautiful lake! Watch the Youtube video! https://youtu.be/qJXnWIye9LU This lot will be inexpensive to develop, water from the private water system is right there at the property, no need for a well drilling. Power is right there at the property, paved road access. Only minutes to Lake Frances, post office and restaurant and school. This could be an investor opportunity as well! This is the least expensive lot for sale for miles around!
$17,500
Acres: 0.20 | MLS ID: 20162562 | Status: Active
A great solution to the lack of affordable houses in the Foothills, build your own! Watch the youtube video, see the beautiful lake! Watch the Youtube video! https://youtu.be/qJXnWIye9LU This lot will be inexpensive to develop, water from the private water system is right there at the property, no need for a well drilling. Power is right there at the property, paved road access. Only minutes to Lake Frances, post office and restaurant and school. This could be an investor opportunity as well! This is the least expensive lot for sale for miles around!
$17,500
Acres: 0.33 | MLS ID: 19025533 | Status: Active
Great location for commuters! Very close to main entrance of Auburn Lake Trails. Walking distance to all the amenities ALT has to offer including golf courses, tennis, pool, clubhouse, playground, trails, & more. Seller already has preliminary plans for a 3 bedroom, 2 1/2 bath, 2900 sq ft home (set far back on the lot) which will save you time and money! Come build your dream home in El Dorado County!
Listing provided courtesy of RE/MAX Gold
$17,737
Acres: 0.21 | MLS ID: 19061066 | Status: Active
Looking for a lake-view lot to build a cabin by Lake Tulloch? This lot offers beautiful views from the upper portion of the lot. Open lots on one side and a lovely cabin on the other. Paved easement road on King Ln off of Tewa Court for access to the property. Lots of oak trees for summer shade or to tie up a hammock and relax! Close enough to walk to the KIVA boat launch, day use docks, picnic area, and beach! Gain access to Black-Creek Park amenities: fitness room, clubhouse, picnic area, park, sports fields, and more! Enjoy all the amenities of Copper Cove HOA for only $20/month! Property is zoned R-2. Lots of possibilities! Perfect place for a vacation home or a full-time residence to escape from it all!
Listing provided courtesy of RE/MAX Gold Stockton
$18,000
Acres: 0.10 | MLS ID: LC19085433 | Status: Active
Beautiful lake view from this parcel in a quite neighborhood atop the quaint community of Clearlake Oaks. Record of Survey and Topographic Survey on file. Seller has receipt of application for water service. Utilities at the street. Seller might carry. Come build your lake view home here. Enjoy a community of fishing, boating sports, wine tasting, casino gaming and a rich history of agriculture.
$18,500
Acres: 0.11 | MLS ID: LC19101926 | Status: Active
Enjoy the lazy days of summer at the lake in the quaint community of Clearlake Oaks. Residential parcel waiting for a new home. Close to school, public transportation, parks, post office and local shopping. Utilities at the street. Nice neighborhood for family, retirement or first timers. Enjoy all the wonders of Clear Lake...a community of fishing, boating sports, wine tasting, casino gaming and a rich history of agriculture.
$19,000
Sq Ft: 56628 | Acres: 1.30 | MLS ID: 20191422 | Status: Active
Great opportunity to build your getaway, custom and/or retirement home near Lake Don Pedro and the Sierra Foothills. Approx 1.3 acres with mature oak trees. Beautiful local views from the property. Public water is available and power at property corner. Minutes to the boat launch/recreation areas of Blue Oak Campground and Fleming Meadows.
$19,000
Acres: 0.36 | MLS ID: 18025452 | Status: Active
Live among the trees! Nice lot to build your vacation home. Within walking distance to the El Dorado National Forest. Perc tested.
Listing provided courtesy of RE/MAX Gold
$19,000
Acres: 1.30 | MLS ID: 19051716 | Status: Active
Great opportunity to build your getaway, custom and/or retirement home near Lake Don Pedro and the Sierra Foothills. Approx 1.3 acres with mature oak trees. Beautiful local views from the property. Public water is available and power at property corner. Minutes to the boat launch/recreation areas of Blue Oak Campground and Fleming Meadows.
Listing provided courtesy of RE/MAX Gold El Dorado Hills
$19,625
Acres: 0.15 | MLS ID: 19044149 | Status: Active
DISCOVER LAKE TULLOCH! This homesite has a view of Lake Tulloch! Purchase this property and immediately get on a waiting list for a boat slip. If you like watersports and fishing, this is the area for you!
Listing provided courtesy of RE/MAX Gold Stockton
$19,900
Acres: 0.26 | MLS ID: 19035861 | Status: Active
Corner Lot located privately on a double cul-de-sac. Fairly close to the common area the Kiva where you can launch and load your boat, take a swim or have a bar-b-q. Possible small lake view depending on where and what you build on the property. There is also black Creek Park for homeowners to enjoy. Utility hook-ups have not been paid for.
Listing provided courtesy of RE/MAX Gold Stockton
$19,900
Acres: 2.90 | MLS ID: 19060148 | Status: Active
This parcel adjoins Vierra road for easy access. It is gently sloping and open, not brushy. It is basically a meadow with West facing slope. Power is very close by and the paved road is less than half mile away.
Listing provided courtesy of RE/MAX Gold Yuba City
$19,900
Acres: 0.26 | MLS ID: 18080466 | Status: Active
Recreational living at your doorstep. Build your own home on this 1/4 acre of land in desirable Gold Ridge Forest. Backs up to greenbelt. Walk to the Association park with two pools, tennis and basketball courts, children's play area and more. Short drive to Jenkinson (Sly Park) lake.
Listing provided courtesy of RE/MAX Gold
$20,000
Acres: 0.66 | MLS ID: 1906001160 | Status: Active
Come build your Dream Home or Vacation Home. Situated in Grizzly Forest. Seasonal creek runs on the back of property.
$22,000
Acres: 0.36 | MLS ID: LC19210701 | Status: Active
Beautiful wooded upslope lot with views.
$22,500
Acres: 0.52 | MLS ID: LC19018792 | Status: Active
Over half an acre and ready to build! This parcel comes with a connected water meter and septic system. Located right along Spruce Grove Road for easy access to Highway 29. Located outside of the gated community of Hidden Valley Lake but part of the association so you would have access to all of the great amenities! Amenities include; lake with two beaches, tennis courts, hiking trail, parks, 18 hole championship golf course, horse stables and more! If you are searching for a property that is ready to build, make sure you give this one a look!
$23,000
Sq Ft: 57935 | Acres: 1.33 | MLS ID: 20191353 | Status: Active
The perfect getaway location! Amazing mountain views with plenty of tree coverage. Pad is already cut in for a single wide mobile home trailer. City water hook up on site, power pole is across the street.
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CAMETROLIST is current as of 9/21/2019.