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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$79,000
Acres: 33.34 | MLS ID: 21824398 | Status: Active
33 +/- acres Lake Co. property. Listed with MLS #21824385 combined over 70 acres.
Listing provided courtesy of RE/MAX Gold Napa
$80,000
Beds: 2 | Bath: 2 | Sq Ft: 840 | Built: 2017 | MLS ID: 1802000572
$80,000
Beds: 4 | Bath: 2 | Sq Ft: 1560 | MLS ID: 201804066 | Status: Active
Price just reduced!!! Beautiful 4 bedroom 2 full bathrooms, Family room with a separate Livingroom, Kitchen has nice Corian countertops and skylight to enjoy to natural light while cooking. Large deck with awning to sit while enjoying your beverage of choice. not to forgot the shed to store your miscellaneous items, along with a two car carport. Now to top it off this is a Corner lot in this family park located in Olivehurst. Located between hwy 65 and hwy 70 - great commuter location! Buyer must qualify for the park.
$80,000
Beds: 1 | Bath: 1 | Sq Ft: 1088 | Acres: 0.45 | Built: 1945 | MLS ID: 201803148 | Status: Pending
Huge fixer not livable but has a squatter there do not approach.
$82,000
Acres: 1.40 | MLS ID: 17053967 | Status: Active
KNOLL TYPE SETTING WITH MATURE TREES*NICE LOCAL SETTING*PUBLIC WATER & PHONE TO SITE*OLDER DRIVEWAY CUT IN*BEAUTIFUL SETTING*AREA OF UPGRADED HOMES*PARK & PLAY AREA FOR RESIDENTS*PERK & MANTLE TEST AVAILABLE*
Listing provided courtesy of RE/MAX Gold
$83,900
Beds: 2 | Bath: 2 | Sq Ft: 857 | Acres: 0.04 | Built: 1969 | MLS ID: 201803900 | Status: Active
Nicely Updated unit. Well maintained Casita Condo. Conveniently located close to schools,shopping, Employment, and more. Great starter home or Investment opportunity. Unit Rents up very quickly. Consistently rented. Come see it today!
$84,900
Acres: 0.24 | MLS ID: 497519 | Status: Active
This spacious, nearly level cul-de-sac lot awaits your custom dream mountain home! With over 10,000 sq. ft. of land, there is plenty of room to build and relax in this beautiful setting at 5,500', five minutes to the lake and 25 minutes to China Peak. The property behind is open space and to the north are mountain views. Simply beautiful! The utilities are in place including power, water, sewer, propane, telephone/Internet.
$85,000
Acres: 0.27 | MLS ID: 18074303 | Status: Active
Build your own home on this approx. 1/4 acre lot and have lots of equity or sell your newly built home for a profit! This is a great opportunity for an owner user or investor / builder!
Listing provided courtesy of RE/MAX Gold Natomas
$0 - $88,500
Acres: 3.32 | MLS ID: 19000476 | Status: Active
STUNNING VISTA VIEWS that go on forever on this cul de sac lot that is behind the gates of Exclusive Rancho Del Sol. Who wouldn't want to live in the charming town of Camino where Apple Hill and wineries abound. It's an lifestyle to be envied, so close to Tahoe & skiing, 20 minutes to Jenkinson Lake w/ boating & fishing, hiking trails and so much more. Come build your DREAM home! You will love it up here.
Listing provided courtesy of RE/MAX Gold Sierra Oaks
$89,000
Acres: 4.02 | MLS ID: 17045289 | Status: Active
Attention Owner Builders! This is a Nice Usable Lot with a Seasonal Creek, Great Location!! Milking shed from original farm has many uses. Very Near Town, Easy walk or bike ride to town and it's many amenities, stores, restaurants etc...Property extends well past the line of trees in the distance! Public water in street. Bring Offer!
Listing provided courtesy of RE/MAX Gold
$89,000
Acres: 5.36 | MLS ID: 18077919 | Status: Active
This property provides beautiful views over the valley and vineyard hills with sunsets that will leave you mesmerized. Walk up the property at the sign and you will see an large, open space for building. Come enjoy this peaceful slice of heaven.
Listing provided courtesy of RE/MAX Gold El Dorado Hills
$0 - $115,000
Acres: 5.09 | MLS ID: 18061254 | Status: Active
Build your dream home or vacation getaway on this beautiful 5.092 acre parcel! Loaded with studded oak trees, towering pines and spotted rock-outcroppings. Walk the property to see the many possibilities for potential building sites; under the tree canopy. If you want to live the peaceful country life of the foothills among many award winning El Dorado County Wineries THIS IS IT!!
Listing provided courtesy of RE/MAX Gold El Dorado Hills
$89,900
Acres: 6.70 | MLS ID: 514267 | Status: Active
This property has 6.7 Acres and has outstanding long views. The property is 2 tiered as well. This lot has been cleaned up thoroughly.
$95,000
MLS ID: ML81724646 | Status: Active
Chance to own a lot in the Bay Area. Close to Elementary school Peres Elementary school, Four blocks away from Kaiser Hospital.
$95,000
Acres: 0.42 | MLS ID: 201801600 | Status: Active
.42 acre lot with highway frontage near Cordua School gives people great access to visit your location. Previously a garden supply shop, but make it yours today and build your shop, salon, office, or whatever else it is you have been dreaming of! AS-IS - buyer to investigate.
$95,000
Acres: 0.18 | MLS ID: 201703711 | Status: Active
Build to suit on this location near downtown Yuba City.
$95,000
Acres: 0.18 | MLS ID: 17072188 | Status: Active
Build to suit on this location near downtown Yuba City.
Listing provided courtesy of RE/MAX Gold Yuba City
$95,000
Acres: 21.94 | MLS ID: 201803513 | Status: Active
Absolutely stunning views on this Gorgeous private 21 Plus acre property !!! Look no further this property has so much to offer. Build your dream home and enjoy. Private road to property with other homes around on larger lots also. Property has well in place too!!! Well information attached.
$95,000
Acres: 21.94 | MLS ID: 18075950 | Status: Active
Absolutely stunning views on this Gorgeous private 21 Plus acre property !!! Look no further this property has so much to offer. Build your dream home and enjoy. Private road to property with other homes around on larger lots also. Property has well in place too!!! Well information attached.
Listing provided courtesy of RE/MAX Gold Yuba City
$99,500
Acres: 0.22 | MLS ID: 18072162 | Status: Active
High visibility, elevated lot on rural artery. Conveniently located close to highway interchange and on major thoroughfare. Traffic count back in 2010 was nearly 13,000 cars daily! Water. sewer,electricity and phone are at edge of site. Perfect spot for your business or income property!
Listing provided courtesy of RE/MAX Gold Cameron Park
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