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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$145,000
MLS ID: 18066316 | Status: Active
Diesel Repair, Service and Parts sales established in the early 1950's - Services performed range from minor repairs to complete overhauls done for farmers, truckers and other heavy equipment operators. Certified Cummins dealer and Freightliner sub-dealer. With no established marketing in place this shop is always busy. Enjoy the opportunity for growth and your own business. May consider trade for real estate.
Listing provided courtesy of RE/MAX Gold Woodland
$149,000
Beds: 2 | Bath: 2 | Sq Ft: 1440 | Built: 1976 | MLS ID: 21825325 | Status: Contingent-Show
Very nice mobile home in Youngstown mobile home park in Petaluma senior community with cheap space rent only $612.25 2 bed room 2 bath with large family room and a formal dining room. unit has a nice enclosed porch for those summer nights. Side by Side carport. Community has pool, clubhouse, etc. For all the extra things it has newer storage shed.
Listing provided courtesy of RE/MAX Gold
$149,000
Sq Ft: 1200 | MLS ID: 20181312 | Status: Pending Contingency
Own a piece of Downtown Sonora History! This business has been established and a county icon downtown Sonora for many years!!! This is a very unique and amazing investment opportunity where the combined license of Tobacco, Firearms and Alcohol (beer and wine) are grandfathered in!!! This is the only Business left in California with this combination still in effect and it is no longer possible to have these combined license unless like this one it's grandfathered in. The Sportsman is filled with Mountain Country charm and you will find many evenings standing room only while listening to local musicians! Amazing Investment opportunity and Turn Key!
$149,000
Acres: 34.63 | MLS ID: 17015428 | Status: Active
34 acres of vacant remote wooded land nestled in the hills of Georgetown / Garden Valley... no improvements. power lines on west property line. 1 hour from Sacramento and 1 hour from Lake Tahoe.
Listing provided courtesy of RE/MAX Gold Midtown
$149,000
Acres: 34.63 | MLS ID: 17015428 | Status: Active
34 acres of vacant remote wooded land nestled in the hills of Georgetown / Garden Valley... no improvements. power lines on west property line. 1 hour from Sacramento and 1 hour from Lake Tahoe.
Listing provided courtesy of RE/MAX Gold Midtown
$149,000
Acres: 5.11 | MLS ID: 18032113 | Status: Active
Privacy, seclusion yet close to town on this beautiful 5 acres. Build your dream home, plant vineyards and bring the animals. Some of best wineries in El Dorado County are just minutes away. Located close to the Consumnes River for rafting, floating or fishing. Great location to enjoy all four seasons!
Listing provided courtesy of RE/MAX Gold El Dorado Hills
$149,000
Acres: 2.50 | MLS ID: 16069841 | Status: Active
Beautiful oversized 2.5 acre treed parcel of land located in prestigious Winchester Golf and Country Club. Photos coming soon.
Listing provided courtesy of RE/MAX Gold El Dorado Hills
$149,000
Acres: 2.50 | MLS ID: 16069841 | Status: Active
Beautiful oversized 2.5 acre treed parcel of land located in prestigious Winchester Golf and Country Club. Photos coming soon.
Listing provided courtesy of RE/MAX Gold El Dorado Hills
$150,000
Beds: 3 | Bath: 1.75 | Sq Ft: 1418 | Acres: 0.17 | Built: 1945 | MLS ID: 510402 | Status: Active
Oh wow! Over $10,000 in equity! Yes, I mean it. House was appraised for $165,000 and seller is letting it go for $150,000 so hurry and make this one yours before it's gone. This home features 3 bedrooms, 2 bath, two living space, dual panel windows, new interior and exterior paint.Call your agent today before it's too late.
$150,000
Acres: 3.62 | MLS ID: 18015032 | Status: Active
Expired Tentative Map completed with 18 lot planned development. Gorgeous all usable, easily accessible 3.62 acre parcel. Water and sewer run on side of property. Power and phone nearby. Lovely pastoral oaks and local views. Split into 18, or split into 4 with less dev. cost.
Listing provided courtesy of RE/MAX Gold
$150,000
Acres: 10.26 | MLS ID: 201800666 | Status: Active
Don't miss this 10.26 Beautiful Acres That can be use to built your dream Home! This level land has beautiful views of the country side, You will enjoy the peaceful county living, it has so much to offer. For irrigation there is a well & irrigation water piped to the acreage, the Culvert Pipe has been installed. This private gated subdivision has every thing to offer located in Oak Creek Ranch between Grass Valley & Marysville with a quick one hour commute to Sacramento. Lakes & the Yuba River are minutes away for water sports too. Bring your horses and ride the local area and observe all the nature the foothills of California have to offer. This parcel is located in the Oak Creek Ranch that has a locked gate with key pad to enter the subdi
$150,000
Acres: 10.36 | MLS ID: 201803567 | Status: Active
Mountain Views For Days...Hill top property. Peaceful Country Living. Located at the end of the road, it's perfect for those wanting to get away from city life and enjoy the solitude. You'll appreciate the gorgeous panoramic views of the countryside. If you have ever felt there was something simple & comfortable about heading home down a country road where you can finally unplug from the days noise & confusion This would be it. 2 parcels 10.36 acres. Zoned Res/Ag. Located in Dobbins. Let the pictures tell the story. This is a must see. Improvements to Property include: County Maintained Roads Approved Septic Plans Approved small house plans, Permits paid. Well, Irrigation, and 7500 gal Holding Tank. Two Greenhouses, one steel framed one
$150,000
Acres: 0.52 | MLS ID: 18052694 | Status: Active
2 commercial lots sold together(APN 046-007-008 included) for a total of .52 acres zoning is C2. Prime location on Highway 12 waiting for your new business. 94 hwy 12 already has water and sewer hook up with Valley Springs Public Utility district. Buyer to verify all information.
Listing provided courtesy of RE/MAX Gold Lodi
$154,900
Beds: 1 | Bath: 1 | Sq Ft: 760 | Acres: 0.04 | Built: 1974 | MLS ID: 18066558 | Status: Active
If you are looking in Timberlake this updated condo is in the best location. Premium water view. The inside is in clean pristine condition. Light and airy living room with gas fireplace. Easy access to the driveway gate. Tennis courts, multiple pools with spa, and club house. Close to restaurants, shopping, transportation, Sac State, minutes to downtown.
Listing provided courtesy of RE/MAX Gold Midtown
$155,000
Beds: 3 | Bath: 1 | Sq Ft: 1782 | Acres: 0.16 | Built: 1925 | MLS ID: 201803395 | Status: Pending
Priced to sell! This adorable 3 bedroom, 1 bath home is awaiting your personal touches. This home has updated cabinetry and granite countertops, laminate flooring and a big family room that offers you a cozy brick fireplace leading you out to the back yard that has alley access. Home is located next to fire department. Close to Hwy 99 for easy commute to Yuba City or Chico. Hurry it won't last long.
$159,000
Acres: 40.43 | MLS ID: 21824385 | Status: Active
40 +/- acres in Lake Co. 2 - 3,000 gal. water tanks. Approved septic. Well. Seller has set of plans for 2 bedroom home. This project is ready to go. Also listed a 33 acre parcel next to subject.
Listing provided courtesy of RE/MAX Gold Napa
$159,000
Beds: 1 | Bath: 1 | Sq Ft: 764 | Acres: 0.06 | Built: 1976 | MLS ID: 18055605 | Status: Active
WOODSIDE CONDO: Single story first floor one bed and one bath unit. Updated kitchen and laminate redwood flooring. Gas fireplace, backs up to the park. This community is located in a serene park with master-planning private gates, security patrol. Multiple swimming pools, hot tubs, tennis courts, indoor gym and plenty of shade from beautiful trees and landscaping. All inclusive in private homeowner association dues. Great tenant would love to stay.
Listing provided courtesy of RE/MAX Gold Midtown
$159,000
Sq Ft: 1800 | Acres: 0.04 | MLS ID: 21819175 | Status: Active
Well established business in Calistoga. Breakfast Lunch and Dinner. Great opportunity for owner operator. Beer and wine. Outside dining. Game room. Burgers,Ice cream and other treats.
Listing provided courtesy of RE/MAX Gold Napa
$159,000
Acres: 0.49 | MLS ID: 18008190 | Status: Active
Spectacular Views from this prestigious lot in the development of Granite Bay Vista. Located in South Auburn minutes from freeway access, downtown Auburn, close to shopping and restaurants. Neighborhood offers a very quiet and peaceful feeling with thoughtfully built custom homes. Amazing views of Folsom Lake and A Sunrise behind the Sierras.
Listing provided courtesy of RE/MAX Gold
$159,900
Acres: 5.00 | MLS ID: 18058706 | Status: Active
5 ACRE PARCEL APPROXIMATELY 12 MILES NORTH OF WOODLAND, NESTLED AWAY IN THE QUIET TOWN OF ZAMORA. PROPERTY CURRENTLY HAS MANY EUCALYPTUS TREES THROUGHOUT.SITE IS BUILD-ABLE, BUYERS TO VERIFY ALL DETAILS WITH THE COUNTY. ADJOINING 5 ACRE PARCEL ALSO AVAILABLE, MLS# 18058612.
Listing provided courtesy of RE/MAX Gold Woodland
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