Sep 18 2013
Fed, in Surprise Move, Leaves Bond-Buying Intac
Posted in News
No Comments
BREAKING NEWS – Wednesday, September 18, 2013 2:18 PM EDT
The Federal Reserve postponed any retreat from its long-running stimulus campaign Wednesday, saying that it would continue to buy $85 billion a month in bonds to encourage job creation and economic growth.
As Congressional Republicans and the White House hurtle toward another showdown over federal spending, the Fed said it was concerned that fiscal policy once again “is restraining economic growth,” threatening to undermine what the Fed had described just months ago as a recovery gaining strength.
Stock markets jumped after the 2 p.m. announcement, with the Standard & Poor’s 500-stock index touching a record high and the Dow Jones industrial average ahead more than 100 points.
Featured Properties
611 Buckhorn Avenue San Marcos CA 92078 $ 689,900.00
Welcome to the highly desirable community of Discovery Hills!! Here is your opportunity of getting into one of San Marcos’ favorite communities that includes a Lake and walking trails. This home is nestled in a beautiful neighborhood, featuring 3 bedrooms/2.5 baths and 2 car garage. All bedrooms are located upstairs. Also, new water heater and…
420 6th Avenue Escondido CA 92025 $ 580,000.00
Beautiful three bedroom home available in the heart of Historic Old Escondido. Bright and spacious, updated kitchen with stainless steel appliances, granite counter tops and lots of counter space. The durable laminate wood flooring adds to this homes historic charm. Both bathrooms are tastefully updated. Central Air installed in the last 2 years! Recessed lighting…
13516 W Oak Glen Rd Valley Center CA 92082 $ 659,000.00
Make your new beginning start here at this 1,764 sq ft split-level home with 3 bedrooms and 2 1/2 baths. The entry level consists of a spacious 15×30 Great Room with fireplace, a breakfast/dining area and family kitchen. The upper level offers three bedrooms which includes a balcony off the Master suite with stairway access…
371 Melrose Vista CA 92083 $ 374,900.00
Rare single level 3 bedroom 2 bathroom condo located in beautiful Vista. As you walk in you will notice the natural light that fills the room. A fireplace to cozy up next to is also located in the front room. Just off of the front room is the dining room perfect for a family dinner…
4368 Nautilus Oceanside CA 92056 $ 549,000.00
Welcome to St. Cloud Cottages! This 3 bedroom, 3 bath unit is ready for immediate move in! Unit features attached 2 car garage that is attached! Laundry at entry level with hookups. 2nd Floor features Living Room, Fireplace, Full Bed and Bathroom (separate), kitchen and small dining area with small balcony. 3rd level features 2…
31153 Skyline Temecula CA 92591 $ 699,900.00
VIEWS! VIEWS! VIEWS! Nestled within the gated community of Roripaugh Ranch surrounded by rolling hills and scenic vineyards, this beauty enjoys spectacular views of the valley and Mount Palomar. Imagine yourself sitting on the idyllic rocking chair front porch and warmly greeting your neighbors like in days gone by. As you enter you will gaze…
Exa Ely Temecula CA 92591 $ 170,000.00
Here is your opportunity to own your own little piece of heaven. This 5 acre view lot is the perfect location for your custom home. You can enjoy the sunrise from your front porch while enjoying a nice cup of hot coffee. Watch the sunset while enjoying a glass of our local Temecula wine. Bring…
2195 Wayne Palm Springs CA 92262 $ 525,000.00
Being sold by the original owners, this immaculate and charming home offers 4 bedrooms and 2 bathrooms. Saltillo tile flooring, with beautiful tile inlay, gives this home a warm spanish feel. The living room is accented with a gas fireplace and beamed ceilings. Both front and back yards feature a variety of trees, plants and…
2404 Bellamy Palm Springs CA 92262 $ 449,900.00
Great Investment Opportunity for Contractors! 4 bedroom 2 bath home in the desirable area of Desert Park Estates. Located on a beautiful street in Palm Springs with gorgeous mountain views and located on a large lot. RV parking, new double pane windows, enough front parking for 5 cars, a commercial water softener and a PAID…