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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$0 - $449,000
Beds: 5 | Bath: 4 | Acres: 0.17 | Built: 1981 | MLS ID: 19001911 | Status: Active
The property is Drive-by only. Write offer subject to inspection. No additional information available at this time.
Listing provided courtesy of RE/MAX Gold
$0 - $1,650,000
Built: 1973 | MLS ID: 18038268 | Status: Active
6,079 s.f. medical/professional office bldg on 0.60 acres; Great for Owner-User. 5 tenant building with 2 suites, B & E available now. Ste C is a mo-mo lease & Ste D available mid 2019; Ste B is a Fully improved dental suite with 4 operatories, private office, reception, waiting & lab. Ste E (1,421 s.f.)is Medical/Professional office with open area, 3 offices & reception; Abundant parking 7/1,000 s.f.Dental office building,Owner user can potentially occupy 5,000 sf and keep tenant in suite A.
Listing provided courtesy of RE/MAX Gold
$0 - $99,900
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. Seller has limited knowledge. Buyer to verify all information. Probate sale requires court confirmation.
Listing provided courtesy of RE/MAX Gold
$0 - $399,500
MLS ID: 19001803 | Status: Active
A commercial building on Main Street downtown Placerville. Location - Location - LOCATION !!
Listing provided courtesy of RE/MAX Gold Cameron Park
$0 - $449,900
Built: 2007 | MLS ID: 18054195 | Status: Active
Highly visible at the corner of Hwy 49 and Hwy 88 (Jackson & Martell) on 4.57 Acres with three building pads. One pad already has 2184 sq office building. All three pads have views and several possibilities including but not limited to: Mini-warehouses, wholesale, retail outlets and offices, service stations, lumber and building materials yards, rental, repair and storage of new or used autos, trucks, trailers, boats, buses, construction and farm equipment, nurseries, veterinary and more.
Listing provided courtesy of RE/MAX Gold Cameron Park
$0 - $965,000
Acres: 10.00 | MLS ID: 18017986 | Status: Active
Opportunity Awaits! Proposed Development - Bass Lake Development Specific Plan. Zoned MPD (Medium Planned Density) = 1.5 dwellings per acre. Downtown * Coastal Mountain * Serrano Views - included on this parcels' higher elevations. Seasonal creek runs through.
Listing provided courtesy of RE/MAX Gold Cameron Park
$0 - $289,000
Acres: 5.65 | MLS ID: 18052878 | Status: Active
BLACKHAWK ESTATES - Beautiful 5 acre parcels in Pleasant Valley.....gateway to El Dorado County wine country, known as one of CA oldest wine producing areas, with 70 wineries/tasting rooms and a wide variety of award winning wines! Located close to restaurants, shopping & abundant outdoor recreation. Lots are ready to build. Parcel #1 is 1 of 3 exclusive lots still available in high end community of Blackhawk Estates. Power to property, EID water meters on site. Low road fees, seller financing.
Listing provided courtesy of RE/MAX Gold Cameron Park
$0 - $309,000
Acres: 5.47 | MLS ID: 18052913 | Status: Active
BLACKHAWK ESTATES - Beautiful 5 acre parcels in Pleasant Valley.....gateway to El Dorado County wine country, known as one of CA oldest wine producing areas, with 70 wineries/tasting rooms and a wide variety of award winning wines! Located close to restaurants, shopping & abundant outdoor recreation. Lots are ready to build. Parcel #2 is 1 of 3 exclusive lots still available in high end community of Blackhawk Estates. Power to property, EID water meters on site. Low road fees, seller financing.
Listing provided courtesy of RE/MAX Gold Cameron Park
$0 - $299,000
Acres: 5.02 | MLS ID: 18052932 | Status: Active
BLACKHAWK ESTATES - Beautiful 5 acre parcels in Pleasant Valley.....gateway to El Dorado County wine country, known as one of CA oldest wine producing areas, with 70 wineries/tasting rooms and a wide variety of award winning wines! Located close to restaurants, shopping & abundant outdoor recreation. Lots are ready to build. Parcel #8 is 1 of 3 exclusive lots still available in high end community of Blackhawk Estates. Power to property, EID water meters on site. Low road fees, seller financing.
Listing provided courtesy of RE/MAX Gold Cameron Park
$0 - $64,500
Acres: 0.43 | MLS ID: 18000654 | Status: Active
Serene, almost half acre lot located in a quiet neighborhood in the heart of Cameron Park! Build your dream home on this great lot within minutes to both town and award winning schools!
Listing provided courtesy of RE/MAX Gold Cameron Park
$0 - $2,675,000
Acres: 5.58 | MLS ID: 19002068 | Status: Active
HERE IS AN EXCEPTIONAL 5.58 ACRES CORNER PARCEL ON METRO AIR PARKWAY AND W. ELKHORN BLVD. THIS IS IN THE HEART OF THE MASTER PLANNED MIX USE METRO AIR PARK. DIRECTLY ADJACENT TO SACRAMENTO INTERNATIONAL AIRPORT. THE SITE IS A PERFECT LOCATION WITH ACCESS FROM I5 & HWY 99 FOR A TRUCK FUELING SITE. LARGE ENOUGH TO ALSO ACCOMMODATE A HOTEL, RESTAURANT OR OTHER USES. THE SITE IS WITHIN 2000 FEET OF THE NEW AMAZON FULFILLMENT CENTER WITH OVER OVER 2000 EMPLOYEES IN A 900,000 SQ FT BUILDING.
Listing provided courtesy of RE/MAX Gold Laguna
$0 - $4,725,000
Acres: 14.48 | MLS ID: 19002066 | Status: Active
EXCEPTIONALLY WELL LOCATED 14+ ACRES AT NE CORNER CORNER OF ELKHORN BLVD & METRO AIR PARKWAY. AT THE VERY HEART OF THE MASTER PLANNED MIXED USE METRO AIR PARK. DIRECTLY ADJACENT TO SACRAMENTO INTERNATIONAL AIRPORT. PERFECT LOCATION WITH ACCESS FROM I5 & HWY 99. ZONED FOR A HOTEL,OFFICE COMPLEX,AIRPORT PARKING SITE,RESTAURANTS & OTHER USE. WITHIN 2000 FEET OF AMAZON 900,000 SQ FT FULFILLMENT CENTER WITH OVER 2000 EMPLOYEES.
Listing provided courtesy of RE/MAX Gold Laguna
$0 - $634,000
Beds: 7 | Bath: 4 | Acres: 0.33 | Built: 1926 | MLS ID: 18073200 | Status: Active
Investor Cash-flow from this 6-plex. 2 original houses upfront and 4 DPLX units in back lot. Each unit has W/D hook-up. Close to Broadway/Downtown Sac & UC Davis Hospital. Close to Christian Brothers High and several public schools. Long, long term tenants! 6 units with potential for rent increases per market rents. Maintenance and upgrades done within last year as needed; incluing 2 new HVACs installed for 2 units. Exterior of all newly painted. Ready for next investor.
Listing provided courtesy of RE/MAX Gold Laguna
$0 - $559,000
Built: 1980 | MLS ID: 18025414 | Status: Active
Fully Occupied. Great Opportunity! Highly rated RCFE in a very desirable Orangevale neighborhood. Freshly painted interior and newly installed water resistant, wood-based flooring. Centrally located with easy access to surrounding towns, shopping centers, parks, and healthcare facilities. Features 6 Beds and 3 Baths on large, deep lot. Fully licensed with 1 Bed approved for a bedridden patient and 2 beds approved for Hospice Care.
Listing provided courtesy of Re/Max Gold Fair Oaks
$0 - $120,000
Acres: 0.20 | MLS ID: 19001143 | Status: Active
Are you looking for a beautiful estate lot to build your dream home? Lot number 641 is nearly .20 of an acre surrounded by expensive custom homes. Gently sloping and overlooking Heritage Oak trees. 98 foot frontage and large almost flat area for building on. Slight hill can afford a vista view of treetops and sunsets.
Listing provided courtesy of RE/MAX Gold Fair Oaks
$0 - $299,000
Acres: 2.20 | MLS ID: 19002626 | Status: Active
This beautiful lot has the ability to be sold with neighboring 1517 Hillcrest Blvd. The seller would prefer to sell together, but willing to sell separately to a prospective home buyer who is looking to build their dream home.
Listing provided courtesy of RE/MAX Gold Rocklin
$2,100 for rent
Beds: 1 | Bath: 1 | Sq Ft: 660 | Acres: 0.08 | Built: 2014 | MLS ID: 21829224 | Status: Active
Fully furnished including housewares! Benicia 1 bedroom 1 bath condo, 3, 6 or 12 months! Beautiful kitchen fully loaded with gas stove and dishwasher, pull out couch in the family room for guests, includes flat screen tv with cable and internet, stackable w/d inside unit! All utilities except for PG&E are included.
Listing provided courtesy of RE/MAX Gold
$2,640 for rent
Beds: 3 | Bath: 2 | Sq Ft: 1450 | Built: 1963 | MLS ID: 21900227 | Status: Active
FOR RENT, Single level home on a cul-de-sac. Three bedrooms plus an office. Large open kitchen with eat in dining area. Living room with fireplace and slider door for backyard access. Seller is putting in a new deck. Backyard is very big and offers two separate patio areas. Offers a separate side garden area. Home is located on a quiet street.
Listing provided courtesy of RE/MAX Gold
$4,977 for rent
Built: 2006 | MLS ID: 18035548 | Status: Active
Office Warehouse for lease. Approximately 1,447 sf, two story office and approx. 1,871 sf warehouse which includes a lab area. Rare, newer office-warehouse opportunity in North Natomas. Immediately off the freeway, Great condition, move-in ready.
Listing provided courtesy of RE/MAX Gold
$10,000
Acres: 5.00 | MLS ID: 20183294 | Status: Active
Five pristine acres of land on a hillside. The real value is in the adjoining five acres that has a well and water storage tank. See 16115 Vierra road, this parcel should be bought together with 16115 Vierra road.
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