Point Loma Yacht Club New Listing -Walk along the Waterfront - 10/12/10 09:37 PM
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Cardiff By The Sea Gem-Remodel Townhome Close to the Beach - 10/09/10 11:14 PM
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Real Estate Market Trends 2010 San Diego ,CA - 10/07/10 11:09 AM
Real Estate Market Trends 2010 San Diego ,CA
 


The Fed met last week and as expected did not raise their rates, more importantly they continued to indicate a willingness to buy treasuries to support lower interest rates it doesn’t have the same effect as when they were purchasing Mortgage backed securities but it gets the job done. Building permits increased nationwide 2% in August; this is a good sign that expectations are that by the second quarter inventories will be lower. Actual housing starts (new construction) rose by 11% in August supporting those expectations. Existing homes inventory dropped … (0 comments)