Thursday, October 27, 2016

Today's Top Three Luxury Estates in San Diego, Los Angeles, San Francisco 
and Seattle Listed For Sale
                                           .                          
                                      
                                   "A mansion is a large and stately dwelling"
The word mansion derives through Old French from the Latin word mansio "dwelling", an abstract noun derived from the verb manere "to dwell". The English word "manse" originally defined a property large enough for the parish priest to maintain himself, but a mansion is no longer self-sustaining in this way.  'Manor' comes from the same root—territorial holdings granted to a lord who would remain there—hence it is easy to see how the word 'Mansion' came to have its meaning.

Image result for windsor castle

Windsor Castle located in Berkshire, England is the oldest and largest mansion in the world with around 484,000 sq.ft  It has been the family home of British kings and queens for almost 1,000 years. It is an official residence of Her Majesty The Queen. The Castle is used regularly for ceremonial and State occasions. It is here that The Queen often hosts State Visits from overseas monarchs and presidents. 

Today's Top Three Mansions 

#1      Palazzo di Amore, Beverly Hills, CA 90210 with 12 bedrooms, 23 baths 
and 53,000 sq.ft on 25 acres is listed for sale at $149,000,000.

Image result for palazzo di amore beverly hills

A masterpiece of design in an incomparable location,Palazzo di Amore represents the ultimate lifestyle. Its extraordinary 25 acres of spectacular vistas over sculpted canyons and jeweled city lights, is both exceedingly private and exceptionally convenient to world famous shopping. The estate is able to comfortably host up to thousands of very special guests for a divine and intimate sit-down dinner. It can easily accommodate parking for 150 cars, and its proximity to world class cultural opportunities is virtually unbeatable. The prestigious residence, with its perfectly-conceived architecture, represents both majesty and family. Outstanding amenities include: Privacy and Security up a ¼ mile driveway, guard house, private drivers quarters, guest house, state-of-the-art theatre, discotheque, bowling alley, wine cellar, wine producing vineyard, pool, spa, formal gardens, tennis court and city to ocean views. With all the lush beauty of the Mediterranean, and all the cosmopolitan grandeur of a Beverly Hills address, Palazzo di Amore is indisputably without rival.

Image result for palazzo di amore beverly hills

Image result for palazzo di amore beverly hills

Image result for palazzo di amore beverly hills

Image result for palazzo di amore beverly hills

Image result for palazzo di amore beverly hills

Image result for palazzo di amore beverly hills

Image result for palazzo di amore beverly hills



#2       3030 Chain Bridge Road NW, Washington DC 20016 with 8 bedrooms,
13 baths, and 14,774 sq.ft. is listed for sale at $20,000,000.



This five part regency styled stucco home is a collaboration between Jones Boer Architects, Banks Development, and Arentz Landscape Architects. Modeled after early 18th century English precedents by such renowned architects as Sir John Nash, this new 13, 500 sf house presents itself as a careful study in symmetry, balance and proportion. Finely detailed, load bearing Indiana limestone porches and accent details give the home a stately charm and presence on the street. The interior spaces feature hand carved stone mantels, custom millwork trim, cabinetry and details ensuring the vocabulary of the exterior flows through to the interior to create a seamless elegant experience that is timeless in style. Rarely if ever will one find a home constructed and designed with unparalleled materials and workmanship as this masterpiece.Extraordinary landscaping, pool and separate pool house complement this stunning property.






#3       323 N Mapleton Drive, Bel Air, CA 90077 with 5 bedrooms, 7 baths, and 
8,337 sq.ft. is listed for sale at $25,000,000.

323 N Mapleton Dr, Los Angeles, CA 90077
Situated behind gates and down a long private driveway, this magnificent Gerard Colcord estate offers an unparalleled opportunity to own one of the last estate sites in Holmby Hills. The nearly 9,000 sq. ft. single-story Traditional home and guest house features grand-scale, graciously designed living spaces, and an exceptional indoor-outdoor flow which is enhanced by French doors & floor-to-ceiling windows throughout. Architectural elements include soaring vaulted ceilings, ornate crown molding, hand-carved wood details, massive wood-burning fireplaces and hardwood floors. The 1.2 Acres of park-like grounds feature a putting green, enormous swimmer's pool, outdoor kitchen/bar, and expansive motor court, all surrounded by mature landscaping creating the utmost privacy. Surrounded by iconic properties in the Platinum Triangle, this magnificent home is an unparalleled opportunity to add your finishing touches, expand, or build new in one of the most desirable neighborhoods in the US.
323 N Mapleton Dr, Los Angeles, CA 90077

323 N Mapleton Dr, Los Angeles, CA 90077

323 N Mapleton Dr, Los Angeles, CA 90077

323 N Mapleton Dr, Los Angeles, CA 90077

323 N Mapleton Dr, Los Angeles, CA 90077

323 N Mapleton Dr, Los Angeles, CA 90077

323 N Mapleton Dr, Los Angeles, CA 90077

Today's Real Estate News
Pending Sales Rise, Signal Impressive Demand
 
Oct 27 2016, 10:31AM


By Jann Swanson
Mortgage News Daily

Pending home sales bounced back in September after falling by 2.5 percent in August the National Association of Realtors® (NAR) said on Thursday.  NAR's Pending Home Sales Index (PHSI), a measure based on contracts signed for existing home purchases, rose 1.5 percent in September to 110.0 from 108.4 (revised from 108.5) in August.

NAR's Chief Economist Lawrence Yun said a robust increase in the West and a healthy bump in the South more than compensated for declines in the other two regions.  With last month's gain, the index is now 2.4 percent higher than last September (107.4) and has now risen year-over-year for 22 of the last 25 months.

Analysts polled by Econoday had estimated pending sales would come in on the positive side with a range of 0.5 to 2.5 percent.  The consensus was a 1.0 percent increase.
"Buyer demand is holding up impressively well this fall," Yun said, "with Realtors® reporting much stronger foot traffic compared to a year ago.  Although depressed inventory levels are keeping home prices elevated in most of the country, steady job gains and growing evidence that wages are finally starting to tick up are encouraging more households to consider buying a home."

Referring back to last week's report on existing home sales in September, Yun said there are many positive indications that the housing market's overall health continues to improve. "In addition to sales matching their third highest pace (5.47 million) since February 2007 (5.79 million), distressed sales - foreclosures and short sales - fell to their lowest share since NAR began tracking them in October 2008 (4 percent). Furthermore, sales to first-time buyers reached 34 percent, which matched the highest share since July 2012 and was up convincingly from September 2015 (29 percent)."

However, he continued, the painfully low levels of available homes for sale in most of the country continues to be a major predicament. "It's leading to home prices outpacing wages, properties selling a lot quicker than a year ago and the home search for many prospective buyers being highly competitive and drawn out because of a shortage of listings at affordable prices."

The PHSI in the Northeast fell 1.6 percent to 96.5 in September, but is still 7.7 percent above a year ago. In the Midwest the index declined modestly (0.2 percent) to 104.6, and is now 1.0 percent lower than in September 2015.

Pending home sales in the South rose 1.9 percent to an index of 122.1 and are now 1.7 percent higher than a year earlier. The index in the West jumped 4.7 percent in September to 107.3, and is now 4.0 percent above a year ago.

The PHSI is a leading indicator of existing home sales.  A sale is listed as pending when the contract has been signed.  The sale is typically finalized within one or two months. The index is based on a large national sample of about 20 percent of transactions for existing home sales, and is benchmarked at 100, the average level of contract activity in 2001, the first year to be examined.

Today's Mortgage Rates                                                                             52 Week

ProductTodayYesterdayChangeLowHigh
30 Yr FRM3.61%3.56%+0.053.34%4.11%
15 Yr FRM2.91%2.87%+0.042.69%3.30%
FHA 30 Year Fixed3.40%3.35%+0.053.15%3.75%
Jumbo 30 Year Fixed3.77%3.72%+0.053.41%3.93%
5/1 Yr ARM2.93%2.89%+0.042.80%3.10%
Updated: 10/27/16 12:13 PM

Mortgage Rates Spike to 5-Month High
 
Oct 27 2016, 2:23PM


Mortgage Rates are much higher today, regardless of anything else you may have seen.  Why am I alluding to other things you may have seen?  Because it's Thursday--the day that  Freddie Mac publishes its weekly mortgage rate survey, which is subsequently used as source material for most major media outlets.  A barrage of similar headlines about any topic would tend to give the impression that something is true, but nothing could be further from the truth today.

Not only have rates not moved any lower this week, but today specifically, they're sharply higher.  The discrepancy is a result of Freddie's methodology, which invites responses over the first 3 days of any given week, with a majority coming in by Tuesday.  As such, the survey tends to compare Mon/Tue rates from this week to Mon/Tue rates last week.  On weeks where little changes on Wed-Fri, that's no big deal, and over time, it will certainly capture the broad movement in mortgage rates.

But things have been changing rapidly on this particular Wednesday and Thursday.  Moreover, last week's lowest rates were on Thursday and Friday.  That means Freddie's week-over-week reference point was higher than it needed to be.  Indeed, if we only look at the first 2 days of the week, I'd be the first to tell you that this week was better than last week.  

Unfortunately, you no longer have access to rates from the first 2 days of this week (unless you're already locked).  Since then, we're up quite a bit, with most lenders who WERE at 3.5% now up to 3.625% on top tier conventional 30yr fixed quotes.  Today's rates are the highest in 5 months, and have risen .375% in the past 3 months.

Loan Originator Perspective


I suggest locking in interest rates at this time, as I believe this is the beginning of a 6-8 week rise in rates.  You'll have some windows in that time frame where there is improvement, but 2 weeks from now I expect rates to be higher, 4 weeks from now I expect rates to be higher, 6 weeks...well, you get the picture. -Brent Borcherding, brentborcherding.com
Rough sell off today.   The trend is not our friend has been the recent theme and that continues today.  I would recommend locking in today.  We do have some important data tomorrow, but I doubt it will be enough to change the trend. -Victor Burek, Churchill Mortgage

I've been preaching the need to lock early for several weeks, and today's bond market movement illustrates why.  Both treasuries and MBS have broken resistance, the 10 year treasury yield blew past 1.81% and is currently at 1.85%.  Floating borrowers need to discuss their strategy with their lender STAT, and anyone who is banking on the numbers of a quote they got last week is going to be solely disappointed.  LOCKING is the prudent move, failing to do so virtually guarantees you'll see continued losses. -Ted Rood, Senior Originator

We are seeing constant upward moves in treasuries that confirm the recent upward trend is intact.  At some point we do anticipate a reversal, but until then, the only thing to do is to lock your rate.  Loans within a 45 day window must lock.  Today's selling may be overdone, but it can snowball even worse, real fast.  One thing we have learned over the years is that rate movements higher happen faster and aggressively, whereas moves lower typically take a bit more time. -Gus Floropoulos, VP, The Federal Savings Bank

Today's Best-Execution Rates

  • 30YR FIXED - 3.625%
  • FHA/VA - 3.25-3.5%
  • 15 YEAR FIXED - 2.875%
  • 5 YEAR ARMS -  2.75 - 3.25% depending on the lender
Ongoing Lock/Float Considerations
  • Rates have generally been trending higher since hitting all-time lows in early July
  • Clearly-defined uptrends provide higher-than-average motivation to lock
  • Risk-takers can try to time the dips in rates that may occur during that broader uptrend, but the reward for good timing generally isn't worth the risk in these situations.
     
  • We'd need to see a sustained push back toward lower rates (something that lasts more than 1-3 days) before anything less than a cautious, lock-biased approach makes sense for all but the most risk-tolerant borrowers.
     
  • As always, please keep in mind that the rates discussed generally refer to what we've termed 'best-execution(that is, the most frequently quoted, conforming, conventional 30yr fixed rate for top tier borrowers, based not only on the outright price, but also 'bang-for-the-buck.'  Generally speaking, our best-execution rate tends to connote no origination or discount points--though this can vary--and tends to predict Freddie Mac's weekly survey with high accuracy.  It's safe to assume that our best-ex rate is the more timely and accurate of the two due to Freddie's once-a-week polling method). 

Today's Top Three San Diego Luxury Estates
sandiegorealestateflashreport.com


Image result for san diego skyline art

The median home value in San Diego County is $516,200. San Diego County home values have gone up 5.2% over the past year.  Zillow predicts they will rise 1.9% within the next year.         

The median home value in La Jolla is $1,685,000. La Jolla home values have gone up 6.1% over the past year and Zillow predicts they will rise 2.1% within the next year.

The median home value in Solana Beach, 92075 is $1,257,000. Solana Beach home values have gone up 2.6% over the past year and Zillow predicts they will rise 1.4% within the next year.

The median home value in Del Mar, 92014 is $1,602,400. Del Mar home values have gone up 2.6% over the past year and Zillow predicts they will rise 1.1% within the next year.

The median home value in Rancho Santa Fe is $2,727,800. Rancho Santa Fe home values have declined -0.5% over the past yea.  Zillow predicts they will rise 1.9% within the next year


#1      6014 Vista De La Mesa, La Jolla, CA 92037 with 3 bedrooms, 4 baths, and 
3,380 sq.ft. is listed for sale at $2,950,000.

6014 Vista De La Mesa, La Jolla, CA 92037

Homes in the Lower Hermosa do not often come on the market. This charming home is on a peaceful, quiet meandering street. The area harkens back to "the good old days" of family neighborhoods. Vista de la Mesa is a few blocks to the ocean and close to the elementary school. The living room, dining area and kitchen/breakfast areas are spacious, bright and sunny. The master bedroom is large with a fireplace and his and hers bathrooms and closets, plus a sitting area.

6014 Vista De La Mesa, La Jolla, CA 92037


6014 Vista De La Mesa, La Jolla, CA 92037

6014 Vista De La Mesa, La Jolla, CA 92037

6014 Vista De La Mesa, La Jolla, CA 92037

#2       310 Forward Street,  La Jolla, CA 92037 with 5 bedrooms, 6 baths, 
and 4,089 sq.ft. is listed for sale at $12,000,000.

310 Forward St, La Jolla, CA 92037

Amazing rare 120+ feet of La Jolla ocean frontage. Truly a unique and stunning location. Live next to nature where the sea and the sun, the birds and the fish create a kaleidoscope of color and movement. Enjoy the views from the terraces as the sun lights the sea. Floor to ceiling windows allow for ocean views throughout this home. An entertainers dream! 

310 Forward St, La Jolla, CA 92037

310 Forward St, La Jolla, CA 92037

310 Forward St, La Jolla, CA 92037

310 Forward St, La Jolla, CA 92037

310 Forward St, La Jolla, CA 92037

310 Forward St, La Jolla, CA 92037


#3      4314 Vista De La Tierra, Del Mar, CA 92014 with 7 bedrooms, 8 baths, and 
8,763 sq.ft. is listed for sale at $4,495,000

4314 Vista De La Tierra, Del Mar, CA 92014



Welcome to exquisite paradise in Del Mar! The El Paradisio Estate is a modern architectural masterpiece encompassing nearly two, stunningly landscaped acres and featuring unsurpassed, custom craftsmanship. The expansive contemporary living space includes an elegant main residence, luxuriously appointed, detached casita, and an additional guest house sited on 5-star, resort-like grounds amongst lush tropical landscaping in a beautifully private, cul-de-sac location only 1.5 miles from the Pacific Ocean,

4314 Vista De La Tierra, Del Mar, CA 92014 

4314 Vista De La Tierra, Del Mar, CA 92014


4314 Vista De La Tierra, Del Mar, CA 92014


4314 Vista De La Tierra, Del Mar, CA 92014


4314 Vista De La Tierra, Del Mar, CA 92014 

4314 Vista De La Tierra, Del Mar, CA 92014


4314 Vista De La Tierra, Del Mar, CA 92014



Today's Top Three San Francisco Luxury Estates
sanfranciscorealestateupdates.com

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The median home value in San Francisco is $1,104,000. San Francisco home values have gone up 0.6% over the past year and Zillow predicts they will fall -0.4% within the next year.

The median home value in Sausalito is $1,203,400. Sausalito home values have gone up 6.6% over the past year and Zillow predicts they will rise 0.9% within the next year

The median home value in Tiburon is $2,360,800. Tiburon home values have gone up 2.6% over the past year and Zillow predicts they will fall -0.0% within the next year.

The median home value in Saratoga is $2,331,600. Saratoga home values have gone up 1.1% over the past year and Zillow predicts they will fall -1.1% within the next year.

The median home value in Saratoga is $2,331,600. Saratoga home values have gone up 1.1% over the past year and Zillow predicts they will fall -1.1% within the next year.



#1      26969 Beaver Lane, Los Altos, CA 94022 with 3 bedrooms, 3 baths, 
and 2,539 sq.ft. is listed for sale at $3,000,000.

26969 Beaver Ln, Los Altos Hills, CA 94022

Magnificent and spectacular Bay Area views are fully enjoyed throughout this timeless and casual Mid-Century Modern home. Privately situated in Los Altos Hills off of a cul-de-sac this property is graced with majestic oaks and offers untold privacy, serenity and beauty. A very rare opportunity on an approximate 1.4 acre lot, minutes to the village and major transportation.

26969 Beaver Ln, Los Altos Hills, CA 94022

26969 Beaver Ln, Los Altos Hills, CA 94022

26969 Beaver Ln, Los Altos Hills, CA 94022

26969 Beaver Ln, Los Altos Hills, CA 94022

26969 Beaver Ln, Los Altos Hills, CA 94022

#2      301 Main Street, San Francisco, CA 94105 with 3 bedrooms, 4 baths, 
and 3,382 sq.ft. is listed for sale at $12,000,000

301 Main St Unit 37 B, San Francisco, CA 94105


Fall in Love. San Francisco's Premier Penthouse home occupies the entire Eastern half of the Top Floor of Tower I at The Infinity. The floor to Ceiling Windows gaze onto Water and Bridge views from every room. This dream home ideally located along San Francisco's Waterfront Embarcadero offers true indoor / outdoor resort living with three separate outdoor spaces, 10.5 foot ceilings, imported marble floors, Studio Becker Cabinets, Chef's Kitchen, Viking and Thermador appliances, custom Studio Becker closet treatments, pre-wired custom Smart Audio/Video/ Lighting, and custom motorized window coverings. Three Car Deeded Parking. Amenities include 24 hr doorman, concierge, security, gym, sauna, lap pool, club room, business center and Theater.

301 Main St Unit 37 B, San Francisco, CA 94105



301 Main St Unit 37 B, San Francisco, CA 94105



301 Main St Unit 37 B, San Francisco, CA 94105


301 Main St Unit 37 B, San Francisco, CA 94105



301 Main St Unit 37 B, San Francisco, CA 94105



301 Main St Unit 37 B, San Francisco, CA 94105



301 Main St Unit 37 B, San Francisco, CA 94105



301 Main St Unit 37 B, San Francisco, CA 94105



#3       1919 Mar West Street, Tiburon, CA 94920 with 3 bedrooms, 2 baths, and 
1,664 sq.ft. is listed for sale at $1,775,000.

1919 Mar West St, Tiburon, CA 94920


Sun-drenched Old Tiburon home w/ breathtaking GGB & Bay views. Open kitchen-dining-living space features a sleek updated kitchen w/ stainless steel appliances & attached deck. The main living area has hardwood floors, a fireplace and a wall of windows to enjoy the water views. 3BD/2BA on the lower level with custom closets. Office/guest room features extensive built-ins and Murphy bed. Yard, garden and large deck perfect for entertaining.
. 
1919 Mar West St, Tiburon, CA 94920


1919 Mar West St, Tiburon, CA 94920


1919 Mar West St, Tiburon, CA 94920


1919 Mar West St, Tiburon, CA 94920


1919 Mar West St, Tiburon, CA 94920


1919 Mar West St, Tiburon, CA 94920

Today's Top Three LA Luxury Estates
larealestateupdates.blogspot.com


The median home value in Los Angeles County is $532,800. Los Angeles County home values have gone up 6.3% over the past year and Zillow predicts they will rise 0.9% within the next year

The median home value in Brentwood, 90049 is $2,302,200. Brentwood home values have gone up 3.7% over the past year and Zillow predicts they will rise 0.6% within the next year

The median home value in Malibu is $2,500,600. Malibu home values have declined -0.8% over the past year and Zillow predicts they will fall -0.7% within the next year.

The median home value in Beverly Hills is $2,998,500. Beverly Hills home values have gone up 4.7% over the past year and Zillow predicts they will rise 0.2% within the next year



#1      2788 Monte Mar Terrace, Cheviot Hills, CA 90064 with 6 bedrooms, 8 baths 
and 4,000 sq.ft. is listed for sale at $7,500,000

2788 Monte Mar Ter, Los Angeles, CA 90064


This astounding masterpiece, created by renowned architect Fred Dagdagan is one of the most prestigious properties in all of Cheviot Hills. The Claes Oldenberg inspired sculpture of a giant flower pot sets the tone for this modern estate. Every square inch is smartly utilized. Elevator, soaring ceilings, skylights, floor to ceiling pocket doors - four floors of high quality living and recreational spaces. 6br/8ba, two offices, designer chef's kitchen w state-of-the-art appliances + walk-in pantry, formal dining room with artfully lit 1, 500 capacity temp controlled wine room. A backyard ideal for sports enthusiasts and entertaining w BBQ & outdoor kitchen. Studio quality screening room, generously sized en suite bedrooms and roof-top deck w tv and amazing views. 3-car garage, abundance of storage, eco-friendly landscaping, smart Apple systems and solar panels. Situated on a 10, 521 sq ft lot, this home is the essence of modern luxury.


2788 Monte Mar Ter, Los Angeles, CA 90064


2788 Monte Mar Ter, Los Angeles, CA 90064


2788 Monte Mar Ter, Los Angeles, CA 90064


2788 Monte Mar Ter, Los Angeles, CA 90064


2788 Monte Mar Ter, Los Angeles, CA 90064

2788 Monte Mar Ter, Los Angeles, CA 90064


#2      245 South Burlingame Avenue, Brentwood, CA 90049 with 5 bedrooms, 6 baths, and 5,824 sq.ft. is listed for sale at $7,350,000.

Truly a rare opportunity in Brentwood Park, minutes to the Country Mart, this charming Traditional has great scale and flow -- both indoors and out -- and is ideally suited for gracious living and entertaining. Secluded in a park-like setting w beautiful mature trees, this home was lovingly expanded and principally rebuilt. Spacious public rooms, include the living room w large windows overlooking the beautifully landscaped front gardens, and formal dining room w French doors that open to the large brick courtyard. High ceilings, crown moldings, hand finished hardwood floors and exquisite custom detailing throughout. Large cook's kitchen w butler's pantry opens to breakfast and family room. Walk-in wine cellar (redwood racking stores over 180 cases), game room w bar and office. Stunning master suite w fireplace, sizable bath and dual closets. Built-in BBQ and sparkling freshwater pool and spa. Unique slate roof. Detached 473 sq. ft.guest suite/gym w bath. 3 car garage w add. storage








#3     121 Groverton Place, Bel Air, CA 90077 with 5 bedrooms, 8 baths, 
and 6,761 sq.ft. is listed for sale at $6,000,000.

121 Groverton Pl, Los Angeles, CA 90077


Lower Bel Air, Traditional home, built in 1936 for Shirley Temple's sidekick Jane Withers. Spacious and meticulously cared for with 5 bedrooms and 7.5 bathrooms and over 6,500 square feet of living space. The kitchen features a center island with amazing ambient light. A charming breakfast room with banquette seating overlooks the backyard and opens to a family room with vaulted ceilings and fireplace. A formal, sun filled dining room, living room and chic office are all part of the front entry plan and surrounded by a lovely covered patio. A large and romantic master suite with walk-in closet is on the upper level complete with sitting area. The lower level has three bedrooms and the flexibility for extended family or staff quarters. A perfect landscaped yard for entertaining, with a secluded pool and spa. All on a gracious 19,000 square foot plus lot. Close to UCLA, Westwood Village, Geffen Playhouse, Century City shopping and restaurants, PP Polo grounds, Malibu and Beverly Hills

121 Groverton Pl, Los Angeles, CA 90077


121 Groverton Pl, Los Angeles, CA 90077


121 Groverton Pl, Los Angeles, CA 90077


121 Groverton Pl, Los Angeles, CA 90077


121 Groverton Pl, Los Angeles, CA 90077


121 Groverton Pl, Los Angeles, CA 90077


121 Groverton Pl, Los Angeles, CA 90077


121 Groverton Pl, Los Angeles, CA 90077




Today Top Three Seattle Luxury Estates
seattleluxuryrealestateupdates.com

The median home value in Kirkland is $576,800. Kirkland home values have gone up 
14.6%  over the past year and Zillow predicts they will rise 7.1% within the next year. 

The median home value in Seattle is $592,200. Seattle home values have gone up 
15.3% over the past year and Zillow predicts they will rise 6.9% within the next year. 

The median home value in Bellevue is $730,000. Bellevue home values have gone up 13.6% over the past year and Zillow predicts they will rise 5.9% within the next year

The median home value in Mercer Island is $1,240,400. Mercer Island home values have gone up 12.2% over the past year and Zillow predicts they will rise 6.4% within the 
next year

The median home value in Clyde Hill is $2,200,500. Clyde Hill home values have gone up 10.1% over the past year and Zillow predicts they will rise 5.5% within the next year. 

The median home value in Medina is $2,389,900. Medina home values have gone up 12.8% over the past year.  Zillow predicts they will rise 5.1% with in the next year.

#1      401 Lakeside Avenue S, Beacon Hill-Seattle, WA 98144 with 4 bedrooms, 
4 baths, and 4,284 sq.ft. is listed for sale at $2,748,000.


Photo for 401 Lakeside Ave S, Seattle, WA 98144 (MLS # 1045961)

Best views in Seattle! Built 4-Star Green, this modern architectural gem features captivating 200 views of Lake WA, Cascades, Bellevue skyline and Mt Rainier. 36' of NanaWalls of  walls of windows invite infinity views into every room. Expertly crafted for luxurious living, 1,100 sf rooftop deck creates endless entertaining possibilities. Only highest quality finishes used: radiant heated floors, aluminum mono floating stairs, Porcelanosa tile, Brizo and Sonneman fixtures, Subzero and Wolff appliances.











#2        5008 E Mercer Way, Mercer Island, WA 98040 with 4 bedrooms, 4 baths, 
and 5,201 sq.ft. is listed for sale at $3,175,000

5008 E Mercer Way, Mercer Island, WA 98040

Enjoy life on the water!  This Georgian masterpiece sits proudly above Lake Washington providing inspirational views of the very best of the northwest and Mt. Rainer. Deeded waterfront with lakeside entertaining area, dock and moorage. Constructed by RKK Construction showcasing fantastic spaces for entertaining and play including- formal living, formal dining, family and  bonus rooms. An incredible entertainment sized patio and huge level lawn.

5008 E Mercer Way, Mercer Island, WA 98040

5008 E Mercer Way, Mercer Island, WA 98040

5008 E Mercer Way, Mercer Island, WA 98040

5008 E Mercer Way, Mercer Island, WA 98040

5008 E Mercer Way, Mercer Island, WA 98040

5008 E Mercer Way, Mercer Island, WA 98040

5008 E Mercer Way, Mercer Island, WA 98040


#2       1766 Alki Ave SW, Seattle-West Seattle, WA 98116 with 5 bedrooms, 4 baths, and 2,880 sq.ft. is listed for sale at $1,999,999.

1766 Alki Ave Sw, Seattle, WA 98116

Live the Beach lifestyle in this New Modern Construction Solar Powered View Home on Alki! Main floor Great Room flows from the Stunning Kitchen through the Fully Retractable Glass Wall (Nanawall) onto the gorgeous View Deck. Incredible Master Suite with spa-like Bathroom and Private View Deck! Amazing Roof top deck with panoramic views, 5 Bedrooms 4 Bathrooms, in-floor radiant heat, Mother in Law basement Suite. Walk to the Beach, Restaurants with easy commuter access to Downtown Seattle!

1766 Alki Ave Sw, Seattle, WA 98116

1766 Alki Ave Sw, Seattle, WA 98116 

1766 Alki Ave Sw, Seattle, WA 98116


1766 Alki Ave Sw, Seattle, WA 98116

1766 Alki Ave Sw, Seattle, WA 98116
 

1766 Alki Ave Sw, Seattle, WA 98116

1766 Alki Ave Sw, Seattle, WA 98116


#3     1834 9th Street W., Kirkland, WA 98033 with 4 bedrooms, 3 baths and 2,880 sq.ft. is listed for sale at $2,175,000

A hint of Palm Springs with an Asian flair, this elegant home offers living spaces that invite entertaining inside and out. Stunning architectural lines, soaring ceilings, natural elements and a soothing color pallet, blur the lines between interior and exterior. Outdoors, the captivating landscape unfolds, palm trees rise beside the pool, and a covered barbecue pavilion extends our Northwest summer.
















Today's Best Real Estate Humor

Image result for real estate cartoons


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Tom Furino
furtree@msn.com

619-944-8749