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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$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: 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
$98,000
Acres: 8.17 | MLS ID: 201800307 | Status: Active
Settle down in this rural country setting. With 8.17 acres, this parcel has room to spare. Find privacy in this tranquil country setting. The property is heavily treed with few neighbors. Acreage backs up to Dry Creek. This quaint community takes pride in local festivals, recreational opportunities and the convenience of being close to near by towns, Marysville, Grass Valley and Nevada City. This is a must see, it has lots of potential.
$99,500
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.
$99,900
Acres: 0.26 | MLS ID: 18008753 | Status: Active
This is a very convenient property and easy to build on the corner of Hwy 193 and Kelsey Rd. There is a marker on the property where John Marshall died. There is a new Record of Survey on the property. Power is on the property and water line runs through the front. Relatively easy property to develop.
Listing provided courtesy of RE/MAX Gold Cameron Park
$99,999
Beds: 3 | Bath: 2 | Sq Ft: 1344 | Built: 1974 | MLS ID: 21815330 | Status: Active
Wonderful floor plan in this 3 bedroom 2 bath 1344 sf home with laminate flooring, spacious kitchen, newer roof, storage shed, and a garden. Close to freeway, and transportation hub. Sale is contingent of seller finding a home.
Listing provided courtesy of RE/MAX Gold Elite
$105,000
Acres: 3.05 | MLS ID: 18044738 | Status: Active
BUILD YOUR DREAM HOME ON THIS BEAUTIFUL 3 ACRES IN CAMINO WITH WATER METER IN AND PAID FOR. SPECTAUCLAR MATURE PINES AND OAKS MAKE THIS A VERY PRIVATE LOT. EASY ACCESS GATE AND FUN TRAIL CUT TO TRAVERSE THE LAND. WONDERFUL LOCATION AMONG EL DORADO COUNTY AGRICULTURE, APPLES, CHRISTMAS TREES AND WINERIES JUST MINUTES TO HIGHWAY 50. ALSO, YOU'RE AN HOUR TO SKIING, AMAZING OUTDOOR ACTIVITIES AND SOUTH LAKE TAHOE. IF YOU'VE BEEN LOOKING FOR A SPECIAL PLACE TO CALL HOME LOOK NO FURTHER!
Listing provided courtesy of RE/MAX Gold
$105,000
Beds: 2 | Bath: 1.75 | Sq Ft: 960 | Acres: 0.03 | Built: 1980 | MLS ID: 511418 | Status: Active
GO Huntington! This condo is in a very nice downtown community, with convenient access to all of the major freeways in the Fresno area. With its 2 bedroom, 2 bathroom configuration, it provides a flexible floor plan for individuals, families, and roommates. The condo has been recently refurbished, and features newer paint, fixtures, and flooring. Within the condo community there is a pool, tennis, a clubhouse, and gym. If you are looking for a welcoming place to begin the next chapter of your life adventure, this might well be it!
$107,000
Acres: 0.36 | MLS ID: 18029628 | Status: Active
It's here! The lot you have been waiting for has what you need to start building your dream home. This USABLE 1/3 ACRE lot has EID lines to the property and PG& E utilities to the site! (Buyer to verify). Walk to Cameron Park Lake and various other parks in the vicinity! Close to amenities, minutes from Highway 50 and convenient to TOP RATED SCHOOLS!
Listing provided courtesy of RE/MAX Gold Cameron Park
$109,000
Acres: 0.19 | MLS ID: 21810796 | Status: Active
Price is adjusted again.Seller is motivated. City Planning Dept. says the general plan and zoning requires 2 or possibly 3 attached residential units on this lot.(Confirm zoning and utilities with City Planning. Gen. Plan is Medium Residential, 8.0 - 18.0 units per acre. Zoning Code is R-3-18.)
Listing provided courtesy of RE/MAX Gold
$109,900
Beds: 2 | Bath: 1 | Sq Ft: 840 | Acres: 0.05 | Built: 1969 | MLS ID: 18066430 | Status: Active
Split level condo with 2 bedrooms, 1 bathroom and a shared garage with storage areas - perfect for a starter home. HVAC unit just replaced in 2018 and home warranty in place. Conveniently located by shopping, public transportation and just a short drive to the freeway. Laundry on site. Great for investors as the property has a long term tenant with property management in place! Tenant would love to stay.
Listing provided courtesy of RE/MAX Gold Laguna
$109,900
Acres: 5.03 | MLS ID: 18023138 | Status: Active
Owner financing available! Manufactured home placement now a possible option! One of two beautiful five acre parcels with local view and steps from Weber Creek! Very buildable with capped well onsite and electricity just feet away from boundary line. Excavated pond onsite with culverts in place. Current access from Freegold with Snows road access possible.
Listing provided courtesy of RE/MAX Gold
$110,000
Beds: 2 | Bath: 2 | Sq Ft: 1344 | Acres: 0.16 | Built: 1974 | MLS ID: 201803195 | Status: Pending
Located in a well established and desired area. This pre hud home offers 2 bedrooms, 2 baths and a room that can be used as an office. Wood stove between room off kitchen and living room. Come and make this yours before it is gone!!!
$110,000
Acres: 0.33 | MLS ID: 18061589 | Status: Active
Build your dream home on this hillside lot that offers wonderful views. It's a great neighborhood with older and newer custom homes and no HOA fees. Located in the small and warm community of Cameron Park, only 30 miles east of Sacramento and 70 west of Lake Tahoe, far enough away from the hustle and bustle of city living yet close enough to all the amenities. Seller is offering with the sale the structural engineering and building plans done by a well renowned local engineering company.
Listing provided courtesy of RE/MAX Gold El Dorado Hills
$110,900
Acres: 10.92 | MLS ID: 201703928 | Status: Active
Really gorgeous piece of property. Currently has a heard of goats on it. Property is all fenced. There is a pond. It is close to town. Great for farming Strawberries, vegetables, trees.
$112,500
Acres: 2.10 | MLS ID: 18008188 | Status: Active
Amazing Canyon Views*Ride out to Trail*Building Pad Cleared*Well In*Paved Road to Site*Possible Spring*Lot with Gentle Slope*Bring your Horses*Wild Plum Trees*Several Building Sites*Sunrise to Sunset*Train for the Tevis Cup*Build a Getaway*Build a Home*Move to the Country*See the Canyon Everyday*Train on the Endurance Trail*
Listing provided courtesy of RE/MAX Gold
$112,500
Acres: 1.00 | MLS ID: 18038892 | Status: Active
Explore the possibilities on this one acre residential lot located in the quiet town of Dunnigan. Perfect place to build your dream home. APN: 051-173-015 also for sale, can be purchased together.
Listing provided courtesy of RE/MAX Gold Woodland
$112,500
Acres: 1.00 | MLS ID: 18038893 | Status: Active
Explore the possibilities on this one acre residential lot located in the quiet town of Dunnigan. Perfect place to build your dream home. APN: 051-173-016 also for sale, can be purchased together.
Listing provided courtesy of RE/MAX Gold Woodland
$115,000
Beds: 1 | Bath: 1 | Sq Ft: 409 | Acres: 0.20 | Built: 1960 | MLS ID: 18006250 | Status: Active
Beautiful corner lot in downtown Camino. Level lot with nice trees. House was burned in a fire. The seller began to rebuild, but the county issued a stop work order. Close to Highway 50, Apple Ranches galore, pumpkin farms Christmas tree farms. Snow skiing at Sierra at Tahoe only about 45 minutes away. This could be a great little getaway.
Listing provided courtesy of RE/MAX Gold
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