What's Happening: Downtown San Diego Condos: Centre City Properties

September 28, 2010

A Word from Your Broker: Market News

Published by YVA - helping businesses get things done! 619.244.2942

Greetings:

It’s been said there’s a pot of gold at the end of every rainbow. Yet, after last week’s regularly scheduled meeting of the Federal Open Market Committee, the Fed helped gold seem more” charmed” than ever.

As expected, last week the Fed decided to keep the Fed Funds Rate (the lending rate banks charge each other for the use of overnight funds) at 0.25%. The Fed also reiterated that economic conditions warrant keeping the Fed Funds Rate low for an “extended period”. But the Fed’s Policy Statement was clearly more downbeat on the economy and showed greater deflationary concerns than the previous Fed Statement. It also gave the feeling that the Fed will jump in with more Quantitative Easing (QE) if necessary, meaning the Fed is prepared to create Dollars through Treasury purchases, which in turn causes the Dollar to weaken. Last week in response precious metals like Gold and Silver moved higher as a hedge against a weaker Dollar.

However if the Feds do step in with QE it could be good news for the Bonds and Home Loan Rates. Some hedge fund managers also think that it would place Stocks in a “no lose position”, however I am beginning to think that our economic news is as schizophrenic as our weather!

We shall see what October brings.

As always should you have any questions or would like to set up an appointment to view properties, do not hesitate to call our office or email me at patricia@centrecityproperties.com.

Sincerely,

Patricia Leone

Centre City Properties

Broker

DRE License # 01076944

PL:sd

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September 28, 2010

Downtown Real Estate Market Updates - eOverviews

Published by YVA - helping businesses get things done! 619.244.2942

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We are pleased to report the September 2010 Overviews are here!

For those of you who are on our mailing list or emailing list, you should be receive your copy of the September 2010 Market Update - Downtown San Diego Overviews in the next day or so.

Don't have a subscription yet but would like a copy sent to you . . .

Simply click here and hit send.

To get the Market Update now, simply click here and peruse at your leisure.

Thank you.

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September 3, 2010

A Word from Your Broker: Market News

Published by YVA - helping businesses get things done! 619.244.2942

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Greetings all:

It seems like only yesterday we were discussing the beginning of summer and now we are approaching the end of the summer days.

As you are all aware the economic news remains mixed. Federal Reserve Chairman Ben Bernanke speaking last week at the Federal Reserve’s Annual Symposium appeared to dismiss the deflation scenario. Bernanke stated it wasn’t much of a risk as the Feds have the tools to combat deflation. He went on to say that he does not see a double dip recession but continued growth, albeit at a slower pace.

Perhaps that is the solution for all of us – a deep breathe and a slower pace.

In the interim I hope you have an enjoyable Labor Day Weekend.

As always should you have any questions or would like to set up an appointment to view properties, do not hesitate to call our office or email me at patricia@centrecityproperties.com.

Sincerely,

Patricia Leone
Broker
Centre City Properties

DRE License # 01076944

PL:sd

created by Your Virtual Assistant

September 1, 2010

What to do this Labor Day Weekend

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According to the San Diego Union Tribune, San Diego is the number 2 destination for Labor Day.

From our beautiful beaches and bays to our world famous attractions, it is no wonder San Diego is one of the top Labor Day Weekend destinations.

even Disneyland is just a short drive away from San Diego

Still trying to figure out what to do for the Labor Day Weekend? See our short list below for some great Labor Day weekend events happening downtown San Diego.

BBQ Cruise