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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$159,900
Beds: 5 | Bath: 3 | Sq Ft: 2252 | Acres: 0.23 | Built: 1962 | MLS ID: 511724 | Status: Active
Investor Special! Very good investment potential. Units need some work but would make a great investment for the first time investor or the seasoned professional. Units are a very short block or two from Fresno's famed Huntington Blvd. Two buildings on property with the first building being a 2/1 and the building in back has a 1/1 plus a 2/1. Please do not disturb tenants drive by only. Please make offers subject to interior inspection.
$160,000
Beds: 2 | Bath: 1 | Sq Ft: 840 | Acres: 0.08 | Built: 1971 | MLS ID: 18066476 | Status: Active
Darling remodeled 2bd 1ba two story condo that features granite counter tops, new cabinets, new wood flooring and paint throughout, and ceilings fans. 1 car garage with a shared laundry unit and community pool. Close to shopping, entertainment, parks and schools, this home is perfect for first time home buyers or investors! TAKE A LOOK AT THE VIRTUAL TOUR AND DRONE VIDEO!
Listing provided courtesy of RE/MAX Gold Natomas
$160,000
Beds: 3 | Bath: 2 | Sq Ft: 1169 | Built: 1993 | MLS ID: 21826029 | Status: Active
Beautiful and well taken care of 3/2 on one of the best lots in the park! Enjoy views of the hills and wild turkeys roaming right from your generous sized covered deck: perfect for entertaining! Newer wood laminate flooring and an open floor plan make this an inviting space; enjoy the sounds of trickling water in your very own pond & outdoor shed doubles as a workshop! (Age restrictions apply)
Listing provided courtesy of RE/MAX Gold of Fairfield
$160,000
Beds: 3 | Bath: 1 | Sq Ft: 1064 | Acres: 0.25 | Built: 1940 | MLS ID: 201803392 | Status: Active
Nice house Owner have done some updates, This is a 3 bedroom 1 bath home, good size living room, separate dining area with a large Whole house fan that cools the house instantly, Kitchen Cabinets with laminate counter tops,Stainless steel sink, Newer Stove, Tile floors. Newer Roof, The garage has all new siding, Outside building was update with stucco. Large yard with many fruit and citrus trees, Chicken coop. School is only a few blocks away, Easy access to Hwy 70 to commute to Sacramento.
$160,000
Beds: 3 | Bath: 2 | Sq Ft: 1400 | Acres: 0.12 | Built: 1963 | MLS ID: 18059365 | Status: Active
This home can be a great family home! Put your own twist on it, absolutely a project. Sits on a huge lot, great covered car port or great family outside BBQ area/fire pit seating. Use your imagination.
Listing provided courtesy of RE/MAX Gold Rocklin
$162,000
Beds: 2 | Bath: 2 | Sq Ft: 1550 | Acres: 0.28 | Built: 2007 | MLS ID: 201803563 | Status: Active
You don't want to miss the opportunity to own this 2 bedroom, 2 bath home with a spare room for an office/den. As you walk in it feels more spacious with the vaulted ceilings it offers through out the home. Kitchen has recessed lighting and offers lighting in part of the top cabinetry and underneath as well. Spacious back yard, nice covered back deck, the master bedroom has a nice walk in closet and the bathroom has an amazing jetted tub with a separate stand up shower. There is a covered back deck porch with stairs leading into the spacious back yard that is fenced all around. Come by and check it out, before it's too late!
$165,000
Beds: 3 | Bath: 1 | Sq Ft: 940 | Acres: 0.29 | Built: 1950 | MLS ID: 512476 | Status: Active
GO Parlier! Property in an area popular with buyers who drive truck for a living, or who work in the ag industry. House has some amount of deferred maintenance, so unlikely the property will go FHA or VA. Carpet and tile in the main living areas. Extra space not shown on record.
$165,000
Beds: 3 | Bath: 2 | Sq Ft: 945 | Built: 2010 | MLS ID: 20181470 | Status: Active
Here is your chance for a lake view year round! Welcome to Rawhide Mobile Home Park. This home resides near the waters of New Melones Lake and is primarily surrounded by vacation homes. This is a newer single wide manufactured home with 3 bedrooms and 2 baths. Newer carpet in living room and Master bedroom. There is a storage shed that is at the back of the property too. Enjoy the sunset all year long from the front deck. Don't hesitate before this one is gone!
$168,600
Beds: 2 | Bath: 1 | Sq Ft: 944 | Acres: 0.23 | Built: 1940 | MLS ID: 201803371 | Status: Active
Updated 2 bedroom 1 Bath Home, Large Living Room, New Kitchen cabinet with Laminate counter tops, New Kitchen sink, New Stove, Breakfast bar with granite counter top, updated bathroom with new vanity with granite counter top. All siding was replace with stucco. Large cover carport and patio. Workshop building, Large yard with plenty of room for many fruit trees and a garden. There is a Leased Solar-Buyers must qualify to take over lease from Solar City. School is only a few blocks away, Easy access to freeway to go to Sacramento.
$169,000
Sq Ft: 1902 | Acres: 0.08 | Built: 1925 | MLS ID: 201801253 | Status: Active Short Sale
Great bone to this charming Tudor. Zoned for Triplex but used as duplex. Great down town Maryville location easy walking distance to shops, restaurants and the many parades and festivals down town has through the year like Bok Kai parade, peach festival and others. Supper easy commute location to Sacramento, Chico, or Grass Valley. Only two hours from just about anywhere you want to be in North California from its location. Live in one unit and rent the other out, good for an investor or extended family buyer. Call your agent for appointment to view.
$169,000
Acres: 4.26 | MLS ID: 18025215 | Status: Active
If you're looking for VIEWS, look no further! Lot with easement for road and utilities has prime location on paved road. Close to HWY 50, shopping and dining yet has that country feel. Fantastic schools!!!
Listing provided courtesy of RE/MAX Gold Cameron Park
$169,000
Acres: 0.51 | MLS ID: 18022730 | Status: Active
This half acre lot is located in the prestigious Summit development, a few lots from stunning homes with Folsom lake views. Wonderful solar exposure with morning sun and afternoon shade towards rear of home site. Great opportunity to get into this impressive neighborhood at an attractive price. All utilities; water, sewer, power, gas, phone and cable are at site. WATER AND SEWER ARE PAID!!! Seller has completed topo and building envelope determination.
Listing provided courtesy of RE/MAX Gold Cameron Park
$169,000
Acres: 1.00 | MLS ID: 18050466 | Status: Active
GREAT OPPORTUNITY FOR A DEVELOPER! One Acre of land Zoned Residential Mixed Use. Maximum density of 36 dwelling units per acre. Less than 5 mins from the freeway and primed for development! Property is in McClellan Heights and Parker Homes special planning district. Near McClellan Park. Check With City Of Sacramento Planning for further information! Lots of potential here! Buyer to verify all info!
Listing provided courtesy of RE/MAX Gold
$169,000
Acres: 10.40 | MLS ID: 18069547 | Status: Active
End of road privacy.Be king of the hill. Vista forested views. Be surrounded by nature and privacy and silence. 7 minutes to the freeway. Minutes to Auburn. Less than hour from Boreal skiing.
Listing provided courtesy of RE/MAX Gold El Dorado Hills
$169,500
Beds: 1 | Bath: 1 | Sq Ft: 668 | Acres: 0.05 | Built: 1970 | MLS ID: 18051739 | Status: Active
This upper level condo is perfectly located with a pool and stream view, lots of light, private, and a lovely balcony. Granite kitchen counters, wood look tile floors and updated bathroom vanity. New HVAC in 2014! Beautiful exposed beam vaulted ceilings. Refrigerator stays! Close to CSUS and great restaurants. Woodside Condos are known for their beautiful grounds of large trees and ponds, tennis courts, dog park, swimming pools, hot tubs, gym and 24 hour security.
Listing provided courtesy of RE/MAX Gold Natomas
$169,650
Acres: 9.35 | MLS ID: 17000265 | Status: Active
Seller is Motivated! Lot 32 in Exclusive Gated Rancho Del Sol with beautiful views of Weber Creek and surrounding foothills. Property has a private woodsy feel with a mix of oak and pine trees. Possible Owner Financing!!! Fire Hydrant at property! Only 10 minutes to HWY 50. Motivated Seller!
Listing provided courtesy of RE/MAX Gold Cameron Park
$169,650
Acres: 9.35 | MLS ID: 17000265 | Status: Active
Seller is Motivated! Lot 32 in Exclusive Gated Rancho Del Sol with beautiful views of Weber Creek and surrounding foothills. Property has a private woodsy feel with a mix of oak and pine trees. Possible Owner Financing!!! Fire Hydrant at property! Only 10 minutes to HWY 50. Motivated Seller!
Listing provided courtesy of RE/MAX Gold Cameron Park
$169,900
Acres: 0.59 | MLS ID: 18044664 | Status: Active
Bring your imagination and building plans. Wonderful .59 acre level lot in Auburn ready for your dream home. Close to downtown, shopping, and restaurants. Area of nice homes. Easy access to hwy to 49 and 80 for commuters. Hurry this won't last long.
Listing provided courtesy of RE/MAX Gold
$169,999
Beds: 3 | Bath: 2 | Sq Ft: 1593 | MLS ID: 18037617 | Status: Active
Absolutely Beautiful, 2 year new, Clayton Mono Bay model home in a great park with guest parking and community pool. Great room concept with large island, dining and family room combo. Indoor laundry room, central heat and air, master suite with large walk in closet. House is on permanent foundation, with covered parking and open area on one side for extra privacy. Enjoy the beautiful pool and clubhouse too! There is an RV storage area for an additional fee. Come and check it out!
Listing provided courtesy of RE/MAX Gold Natomas
$170,000
Acres: 74.60 | MLS ID: 18016455 | Status: Active
Looking for a large piece of land where you are king? Enjoy nature, Hiking, camping, fishing, gold mining, off the grid? Whatever makes you happy might be here in this Forest zoned TPZ, the middle fork of American River runs through portion of property. Seller says down by river is paradise, but a stream also runs along property (seasonal?) Is this your paradise? He was offered option to rezone to agricultural years ago so maybe still a possibility?
Listing provided courtesy of Re/Max Gold Fair Oaks
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