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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$50,000
Acres: 0.50 | MLS ID: 19061667 | Status: Active
Have you ever dreamed of living up in Capay Valley? This beautiful hillside lot with a sweet little view is calling your name! Price includes adjacent lot - APN# 060-132-005-000. Total square footage is 35,973 (.83 acres)
Listing provided courtesy of RE/MAX Gold Woodland
$54,900
Acres: 5.01 | MLS ID: 20170041 | Status: Active
Why is this one of the nicest vacant parcels in the whole area? It is level, has paved road access, Meter base and phone line installed on property, located in an area of good wells, and has nice local views and is entirely walk-able with little brush. It's fenced on two sides. It's certainly rural but also close to the post office, store, community center and local lakes and streams. Imagine your dream home here in affordable Yuba county on a parcel with lower development costs.
$54,900
Acres: 5.01 | MLS ID: 20170041 | Status: Active
Why is this one of the nicest vacant parcels in the whole area? It is level, has paved road access, Meter base and phone line installed on property, located in an area of good wells, and has nice local views and is entirely walk-able with little brush. It's fenced on two sides. It's certainly rural but also close to the post office, store, community center and local lakes and streams. Imagine your dream home here in affordable Yuba county on a parcel with lower development costs.
$54,900
Acres: 5.01 | MLS ID: 19056316 | Status: Active
Why is this one of the nicest vacant parcels in the whole area? It is level, has paved road access, Meter base and phone line installed on property, located in an area of good wells, and has nice local views and is entirely walk-able with little brush. It's fenced on two sides. It's certainly rural but also close to the post office, store, community center and local lakes and streams. Imagine your dream home here in affordable Yuba county on a parcel with lower development costs.
Listing provided courtesy of RE/MAX Gold Yuba City
$54,999
Acres: 0.46 | MLS ID: 19047320 | Status: Active
Affordable & Almost 1/2 an Acre that can be Multi-Residential lot or Built 1 big house! City service available. Previously 2 houses on the lot.
Listing provided courtesy of RE/MAX Gold Midtown
$55,000
Acres: 0.26 | MLS ID: 201900281 | Status: Active
Build to suit residential lot right next to the Feather River an easy walk from its location. Just doors up from it location homes listed for sale from the low $400k range to low $500k range. Good profit for the right builder here. Fixer, both power and water are there.
$55,000
Acres: 5.60 | MLS ID: 19008120 | Status: Active
BEAUTIFUL VIEW PROPERTY OF MCKEON PONDEROSA WAY! HAS THE TEVIS TRAIL JUST UP THE ROAD AND BACKS TO THE AUBURN REC PROPERTY*LOT 5 IN CANYON VIEW ACRES*NICE LOCAL VIEWS OF THE MIDDLE FORK RIVER CANYON ALL ON 5.6 ACRES*CLOSE TO RIDING TRAILS*NEAR THE END OF THE ROAD*PRIVATE PROPERTY*MANY TREES*BUILD YOUR HOME AND CAPTURE THE CANYON VIEWS OF THE AMERICAN RIVER*GREAT AREA AND LOCATION FOR RECREATION*PAVED PRIVATE ROAD PLEASE DRIVE SAFELY*NEEDS WELL AND SEPTIC*GREAT PROPERTY TO BUILD YOUR DREAM HOME WITH A VIEW*OWNER FINANCING FOR A QUALIFIED BUYER*NICE AREA FOR RECREATIONAL ENTERTAINMENT*TRAILS TO THE MIDDLE FORK OF THE RIVER FOR A NICE DAY HIKE*
Listing provided courtesy of RE/MAX Gold
$55,000
Acres: 1.10 | MLS ID: 19045066 | Status: Active
WOW! Looking for privacy? Stunning foothill views? This extra-wide, 1.1 acre lot backs up to a huge open parcel of land full of oak trees. Enjoy 360 degree tree and mountain views. There's a perfect flat area ready to build and a 3 bedroom, 2 bath septic system is already installed! Just build your dream stick-built home or bring in a manufactured home, hook up water and electricity, and you are all set! Driveway is cut in but not yet paved, and is a gentle up-slope. You will sit on top of the world and enjoy peaceful views and great privacy here! Located on a quiet road in Copper Cove Subdivision, enjoy the amenities of the KIVA boat launch, docks, picnic area, BBQ pits, Black-Creek Park gym, clubhouse, horse-shoes, park, riding tr
Listing provided courtesy of RE/MAX Gold Stockton
$58,000
Acres: 6.98 | MLS ID: 522471 | Status: Active
Quiet Secluded property ready for you to build our dream home. Well & pump on property, Power on property with meter, pad in place. Just bring your plans or manufactured home this site is ready to go.
$58,500
Acres: 5.01 | MLS ID: 19030105 | Status: Active
Escape to the country and enjoy nature, peace and quiet! Close to award winning wineries and restaurants to enjoy. Graded building pad on nice level private area, perc test available (attached to MLS) and electrical to site (PG&E). Beautiful oaks and pines with nice local views. Well and septic needed and wells in area have been excellent. No HOA or CCR's.
Listing provided courtesy of RE/MAX Gold Cameron Park
$59,000
Acres: 10.00 | MLS ID: 20183065 | Status: Active
This charming 10 acres with mature oaks, open pastures, and some denser woods was once occupied and has 2 old buildings on it and foundation for a third building. The owner told some folks that there is a spring on this property and there is an old stone built hut with pipes and a pressure tank so there was a kind of water works on the property. Probably there is also an old septic. What we know for sure is the PG&E pole with transformer is right on the property. This land is not far from the paved part of Vierra road and only ten minutes to Brownsville, about half hour to Oroville. Rackerby post office is only 12 minutes away. The site where the old homestead is/was is pleasantly situated and feature nice local views. Seller may carry with
$59,000
Acres: 1.21 | MLS ID: 20190069 | Status: Active
Located in a quiet neighborhood of maintained homes. Features paved access from two sides, NID water hookup box at property, power at property, and beautiful mix of oaks and pine with several good building spots above a seasonal stream. Minutes to downtown Penn Valley, Grass Valley and recreational lakes and streams in our beautiful area.
$59,000
Acres: 0.29 | MLS ID: LC18089055 | Status: Active
Attention investors! .29 of an acre lot zoned R-3 Multi Family right in the heart of Downtown Lakeport! Location is ideal with close proximity to shopping, restaurants, churches, lakefront park and the Lake! This property has access from 9th St, 8th St and High St. Owner may carry with the right offer. Wonderful opportunity in a great area!
$59,899
Acres: 0.30 | MLS ID: 17074431 | Status: Active
Zoned R-1, 2 Parcels for the price of 1, Corner Lot, Alemar Way/Plumas St. Single family, professional Comercial, and Multi-family are all located around this property. All utilities at the street. Investor/Developer potential on rare infill lot in Yuba City. Flat Level Building lots. 2 lots under 1 parcel number. Listing Agent has verified with the Assessors office that this is 2 lots. Call your agent for Plat Map
Listing provided courtesy of RE/MAX Gold Rocklin
$59,900
Beds: 2 | Bath: 2 | Sq Ft: 1344 | MLS ID: 19022764 | Status: Active
Looking for a very open and spacious 2 Bedroom/2 Bath floor plan with floor to ceiling windows in the family room, built-in hutch, ample cabinets in laundry room. Enjoy your morning coffee or listen to the birds sing from the enclosed patio. Refrigerator, Washer & Dryer included with sale. Enjoy senior living and all the amenities that Lake Oaks Senior Mobile Home Community has to offer. (Water, Sewer & Garbage included in space rent)
Listing provided courtesy of RE/MAX Gold
$59,900
Acres: 2.08 | MLS ID: 18080476 | Status: Active
Over 2 acres of gentle property in the Sierra Springs community of Pollock Pines. The driveway encroachment is in, and the property has a water meter in and paid for. Fire hydrant within 400 feet of property. Ready for your contractor to come and build the home of your dreams.
Listing provided courtesy of RE/MAX Gold
$59,950
Acres: 2.00 | MLS ID: 512052 | Status: Active
Build your dream home on this beautiful 2 acres with a well! Enjoy the privacy of country living with the benefits of the city. Paved roads! The property is all useable with stunning native oak trees. A good producing water well and underground electrical to site have been installed which can be up to a $30,000-$40,000 savings. Two potential building locations have been identified.
$60,000
Acres: 0.72 | MLS ID: 19062632 | Status: Active
COMMERCIAL lot with a prime location on the corner of Sciaroni Rd and Tyler Dr. Bring your imagination and entrepreneurial spirit to make this property your own!
Listing provided courtesy of RE/MAX Gold
$60,000
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
$60,000
Acres: 5.00 | MLS ID: 19001063 | Status: Active
This gorgeous 5 acres is just waiting for you to build your dream home surrounded by beautiful trees and nature! Room for everything! Close to CA-174. No power/septic/well. Buyer to verify all information. Probate sale requires court confirmation.
Listing provided courtesy of RE/MAX Gold
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CAMETROLIST
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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 9/21/2019.