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“Breaking News: It’s Not Different This Time” By Joni Clark, Chief Investment Strategist, Loring Ward

Published September 26th, 2008 in News, Mortgage, Sellers, Buyers | No Comments »

This article is something I really wanted to share with everyone. It addresses the current economic crisis we’re currently undergoing, and provides excellent historical comparisons which help keep this all in perspective a bit more.

The article is fairly lengthy so I will break it up into a few posts for ease of reading. Hope you all find it as useful, informative and cathartic as I did…

This article can also be read and dowloaded as a PDF Document so you can view Time Magazine Covers that aren’t included here at

http://app6-clients.thedesignpeople.com/aic/losgatos-saratogahomes.com/htdocs/newsletter_details.php?news_ID=130 

Sincerely,

Jeff McLaughlin, Realtor

Team Ardizzone & Howmiller


Breaking News: It’s Not Different This Time

by Joni Clark, CFA, CFP®, Chief Investment Strategist, Loring Ward

LWI Financial Inc. (“Loring Ward”). Securities offered through Loring Ward Securities Inc., Member FINRA/SIPC. 08-179 (08/08)

 


As investors, we naturally and rightfully take an interest in the state of the economy and the current market environment. And the financial media is swift to oblige with an abundance of information reported on a real time basis through financial network television programs, financial websites, radio, newspapers, magazines, and the like. (more…)

Breaking News: It’s Not Different This Time- Part II

Published September 26th, 2008 in News, Mortgage, Sellers, Buyers | No Comments »

This is the second part of this article covering the 1980’s forward.

The 1980s

The TIME cover story on April 21, 1980, “Capitalism: Is it Working? Of Course but…” portrayed an economy beset on all sides.

“In an age of economic anxiety, real and rising concerns about whether free enterprise can surmount the problems of inflation, energy and productivity. The relentless daily pounding of dismal news drives deeper the public’s conviction that the economy is in a profound and morose crisis.”

“Week after week, interest rates crack new records; home owners face 17% mortgages Energy, the oxygen of industrial life, has become so costly and politically controlled that the U.S. can no longer be certain of enough fuel to keep its factories running and homes heated.”

With these headlines, an investor probably would not have expected an annual return of 32.4% for the S&P 500 Index in 1980. Unstructured World

Although the market continued its march upward in the early 1980s, America’s “Interest Rate Anguish” continued.

The TIME cover story on March 8, 1982, “Paying More for Money” reported:

“Expensive and scarce money has begun driving homebuilders, auto dealers and businessmen from every walk of life out of business, and in such numbers that bankruptcies around the country are beginning to rival those of the Great Depression.” (more…)

Price Reduced by $100k! Lovely Villa Montalvo Area Saratoga Ca Home

Published September 9th, 2008 in Local Neighborhoods, Buyers | No Comments »

We’ve just reduced the price of this fabulous home by $100,000! This is an incredible value for Saratoga Schools and  Villa Montalvo area neighborhood.  A true “must see value”!

This wonderful contemporary 4,100+/-sf home situated on 1.27+/- knoll top acres featuring fantastic views in the exclusive Villa Montalvo area of Saratoga. This home offers privacy and serenity and yet is just minutes away from the amenities of Saratoga Village and the Town of Los Gatos and is conveniently located in the Award winning Saratoga Union School District. This 5 bedroom, 3.5 bath, two level home has a lovely formal entry with hardwood floors that welcomes arrival and entry to the spacious open floor plan. The formal living room with cathedral ceilings and fireplace opens to the full formal dining room and gourmet kitchen. The expansive family room features a beamed ceiling, brick fireplace and 4-Seasons solarium with views to the outdoor greenery. Two levels of extensive decking provide access to the peacefulness of the outdoors. The mature landscaping, Coleman hot tub, stunning Oak trees and graceful gardens make entertainment and home life a true pleasure.

Brand New Listing Not on MLS! Exclusive Monte Sereno Home

Published September 4th, 2008 in Local Neighborhoods | No Comments »

We just listed this wonderful home in Monte Sereno California….not on the Multiple Listing Service!

Situated in an excellent Monte Sereno family neighborhood, this 4bd/2.5ba home is 3311+/-sf is located on a quiet cul-de-sac. It features separate dining, living, and family rooms plus a large downstairs game room. The property offers beautiful vistas of the Loma Serena Open Space Preserve & Horse Facilities, offering a unique and open setting. The tranquil lot of almost half an acre features sprawling lawns both front and back, plus a thriving vegetable garden. The upstairs deck overlooks a stone patio, deck, swimming pool and spa. This home is located in the high ranking Los Gatos School district.

For a private sneak preview, call or email us for more details on this brand new exclusive listing! This one may sell before it ever hits the MLS!

Team Ardizzone & Howmiller
info@losgatos-saratogahomes.com
1-800-678-3570