David Young Blog San Carlos Blog

Beautifully updated this spacious Ranch-style home offers 3 bedrooms and 2.5 baths on a lovely landscaped, fenced lot with plenty of level lawn for play; with decks and patios that encourage entertaining. Gleaming hardwood floors, skylights, crown molding, custom wall colors, and designer lighting plus an open and bright floorplan provide the best of Peninsula living.

Offered at $1,268,000

Open House: Sunday July 5th, 1:00-4:00pm

3 bedrooms, 2 baths on a large corner lot. Beautiful Devonshire Canyon neighborhood. Living room with fireplace. Large master suite with walk-in closet and French doors leading out to private courtyard. Hardwood floors and new carpeting. Freshly painted exterior. Separate laundry room. Two-car garage.

Offered at $939,000

Open House: Sunday July 5th, 1:00-4:00pm

Wonderful 4 bedroom family home on a small quiet cul-de-sac. Spacious living room with corner fireplace and large picture window. Separate family room with fireplace and built-ins looks out to rear yard and hillside. Sunny eat-in kitchen. Master suite with sliding glass door to rear patio. Good sized bedrooms. Newly refinished hardwood floors and new carpeting. Attached two-car garage.

Offered at $935,000

Offered at $929,000

3 bedrooms, 1 ½ baths with 1,220sf. Gorgeous new construction in Oak Park. Designer finishes throughout. Kitchen with custom granite countertops, limestone backsplash and top of the line appliances. Beautiful hardwood floors, marble bath and limestone fireplace. Freshly landscaped.

2261 Howard Ave - Custom built home completed in 2007

Huge chefs kitchen with top grade stainless appliances and breakfast bar. Kitchen overlooks the spacious and bright family room with French doors leading to large landscaped backyard. Built-in outdoor speakers on patio. Large master bedroom and master bath includes steam shower and heated floors. Hardwood floors, soaring ceilings and crown molding throughout. Separate laundry room. Great location close to parks and schools.

Offered at $1,290,000

Open House: Sunday July 5th, 1:00-4:00pm

3 bedroom, 2 beautifully remodeled baths, plus separate, 1-bed, 1 bath guest quarters. Updated kitchen with skylight, garden views, Viking stove and oven, Spanish tile accents and generous counter and cabinet space. A breakfast bar at one end is the ideal place to have a snack or early morning coffee. Beautiful family room with a wall of French doors that open to the solarium, and another set that opens to the resort like grounds. 1-bedroom, 1-bath guest quarters or game room is located above the two car garage. A majestic oak shades the front of the property, while the backyard is your own oasis, with stone patios, gas fire-pit, black bottom pool and spa, and lawn.

Offered at $1,475,000

Open House: Sunday June 28th, 1:00-4:00pm

A Global Currency - The Phoenix

In 1988, The Economist ran an article titled, Get Ready for the Phoenix, in which they wrote, “THIRTY years from now, Americans, Japanese, Europeans, and people in many other rich countries and some relatively poor ones will probably be paying for their shopping with the same currency. Prices will be quoted not in dollars, yen or D-marks but in, let’s say, the phoenix. The phoenix will be favored by companies and shoppers because it will be more convenient than today’s national currencies, which by then will seem a quaint cause of much disruption to economic life in the late twentieth century.”

The article stated that, “The market crash [of 1987] taught [governments] that the pretence of policy cooperation can be worse than nothing, and that until real co-operation is feasible (ie, until governments surrender some economic sovereignty) further attempts to peg currencies will flounder.” Amazingly the article states that, “Several more big exchange-rate upsets, a few more stockmarket crashes and probably a slump or two will be needed before politicians are willing to face squarely up to that choice. This points to a muddled sequence of emergency followed by patch-up followed by emergency, stretching out far beyond 2018-except for two things. As time passes, the damage caused by currency instability is gradually going to mount; and the very trends that will make it mount are making the utopia of monetary union feasible.”

Further, the article stated that, “The phoenix zone would impose tight constraints on national governments. There would be no such thing, for instance, as a national monetary policy. The world phoenix supply would be fixed by a new central bank, descended perhaps from the IMF. The world inflation rate-and hence, within narrow margins, each national inflation rate-would be in its charge. Each country could use taxes and public spending to offset temporary falls in demand, but it would have to borrow rather than print money to finance its budget deficit.” The author admits that, “This means a big loss of economic sovereignty, but the trends that make the phoenix so appealing are taking that sovereignty away in any case. Even in a world of more-or-less floating exchange rates, individual governments have seen their policy independence checked by an unfriendly outside world.”

The article concludes in stating that, “The phoenix would probably start as a cocktail of national currencies, just as the Special Drawing Right is today. In time, though, its value against national currencies would cease to matter, because people would choose it for its convenience and the stability of its purchasing power.” The last sentence states, “Pencil in the phoenix for around 2018, and welcome it when it comes.”[34]

In today’s world, it is rare to receive the kind of service we received from David. In short, David told us upfront what to expect and he made it happen flawlessly.

My success is a direct reflection of my clients’ satisfaction with my services. I’m committed to focus on your needs and to leverage the laws of supply and demand in your favor!

I offer you:

• Aggressive and Persistent Marketing
• Dependable and Consistent Communication
• Speed, Efficiency and Dependability
• Proven Marketing and Negotiation Skills
• Competence, Experience and Expertise
• Integrity and Commitment

Don’t forget the new real estate tax deduction. There’s a new standard tax deduction for homeowners. They can add a standard deduction of up to $1,000 if they pay real estate taxes. This will prove especially beneficial to homeowners who have paid off their mortgages and don’t deduct mortgage interest payments from their taxes.

And, if you were a first-time home buyer in 2008, you may be eligible for a tax credit of up to $7,500 or 10 percent of the purchase price, whichever is less.

There is an important catch to this credit, though. You have to pay it back in the next 15 years, in equal amounts each year, which makes it a bit more like a loan than a credit. So if you take the maximum credit of $7,500, you will have to pay back $500 per year for the next 15 years.

But it still helps you get some much needed cash now when the economy is so bad, and you can pay it back a little at a time as things get better.