Tuesday, February 21, 2017


Today's Best Mansion and Top  Luxury Estates in Los Angeles, Phoenix, 
San Diego, San Francisco and Seattle Listed For Sale.

The definition of the word "mansion" varies but in U.S. real estate terms, it generally defined as single family residence of more than 8,000 square feet. Mega Mansion range from 20,000 sq,ft. and Super Mansions over 50,000 sq.ft. Until the mid 20th century most "mansions" would have a hall, two or three salons or drawing rooms, library, billiards room, ball room, dining room, breakfast room, morning room, study and numerous bedrooms but only 2-3 bathrooms.

If Only It Had More Rooms

The Istana Nurul Iman palace, the official residence of the Sultan of Brunei, Hassanal Bolkiah includes 1,788 rooms, 257 bathrooms, a banquest hall expandable up to 5,000 guests and a mosque accommodating 1,500 people.

Today's Best Mansion Listed For Sale

#1     9021 Grove Crest Lane, Las Vegas, NV 89134 with 6 bedrooms, 11 baths, and 15,749 sq.ft. is listed for sale at $22,000,000

Experience your own private resort within this exceptional, European estate. A world of opulence, grandeur, and unparalleled custom finishes compose each space while providing comfort, design, and a touch of class. Upon entering the grand foyer, the sheer elegance provides for true appreciation of detail and design. Remarkable ceilings, ornate chandeliers, hand-carved stone and resort-caliber amenities leave one immersed within this picturesque residence. Points of interest include: an exceptional library composed of refined wood finishes, state-of-the-art home cinema, an executive office, personal gym, security room, residential elevator and endless views of TPC Golf Course and Red Rock mountain peaks.











Today's Top Real Estate News 

10 Tiny Happy Hawaiian Huts

By Bryon Loker
Dwell

Some believe that all you need to be happy is a hut and a heart—of course, it helps if your hut is immersed in the splendors of Hawaii.It's often said that small is beautiful, and some believe that all you really need in order to be happy, is a hut and a heart. Here is a selection of modern, eco-friendly, small-scale Hawaiian huts that have truly impressed us.































Artist Jay Nelson’s new tiny house in Haena on the garden isle of Kauai.

Artist Jay Nelson’s new tiny house in Haena on the garden isle of Kauai. 


Avava Prefab House

Avava Prefab Tiny House has brought design and drafting solutions to Hawaii homeowners, real estate investors, and contractors.

Avava Prefab Tiny House has brought design and drafting solutions to Hawaii homeowners, real estate investors, and contractors. 

Bellomo Architects

Bellomo Architects’ modular House Arc, which was just a prototype before, is now being fabricated. The House Arc can be ordered online and shipped to any location, where it can be assembled by the user or community. 

Bellomo Architects’ modular House Arc, which was just a prototype before, is now being fabricated. The House Arc can be ordered online and shipped to any location, where it can be assembled by the user or community. 


New Frontier Tiny Homes

New Frontier Tiny Homes' Alpha Tiny Home is the company’s flagship model.
























New Frontier Tiny Homes' Alpha Tiny Home is the company’s flagship model.

Treehouse Master

This tree house on Hawaii’s Big Island was designed by TV’s Treehouse Masters. After being led down a steep path from your accommodations, you have access to hiking, exploring, lava tubes, rainforests, and plenty of birds and flowers.

























This tree house on Hawaii’s Big Island was designed by TV’s Treehouse Masters. After 
being led down a steep path from your accommodations, you have access to hiking, exploring, lava tubes, rainforests, and plenty of birds and flowers.


Tiny Pacific Houses

Tiny Pacific Houses is the brainchild of Hawaii-born Brandon Hardin, who saw the trend gaining popularity in the Pacific Northwest.

Tiny Pacific Houses is the brainchild of Hawaii-born Brandon Hardin, who saw the trend gaining popularity in the Pacific Northwest.  

Habitats Hawaii

This custom-built hut by Habitats Hawaii can sleep five people. There’s a single bench/bed in the kitchen and a window bump-out bed with a double punee’ downstairs. The main bedroom boasts a queen bed in the loft.

This custom-built hut by Habitats Hawaii can sleep five people. There’s a single bench/bed in the kitchen and a window bump-out bed with a double punee’ downstairs. The main bedroom boasts a queen bed in the loft.

Designer and dressmaker Kristie Wolfe built this tiny off-grid getaway on the Big Island for just $11,000. It operates on solar panels, a rooftop rainwater catchment system and a toilet-sink combo that sends used water from the sink to the flusher. 

Designer and dressmaker Kristie Wolfe built this tiny off-grid getaway on the Big Island for just $11,000. It operates on solar panels, a rooftop rainwater catchment system and a toilet-sink combo that sends used water from the sink to the flusher.   

The Little Coconut in Kailua is a lovely micro-cottage that you can rent or vacation in via AirBnb.    
























.
The Little Coconut in Kailua is a lovely micro-cottage that you can rent or vacation in via AirBnb.

Tiny Heirloom

This tiny house on wheels is by Tiny Heirloom. To make the home more eco-friendly, the owner installed a solar panel nearby to generate power.

This tiny house on wheels is by Tiny Heirloom. To make the home more eco-friendly, the owner installed a solar panel nearby to generate power.


Today's Top LA Luxury Estate Listed For Sal



The median home value in Los Angeles County is $551,600. Los Angeles County home values have gone up 7.4% over the past year, Zillow predicts they will rise 2.6% within the next year.

The median home value in Brentwood, 90049 is $2,523,000. Brentwood home values have gone up 10.5% over the past year.  Zillow predicts they will rise 3.0% with the next year.

The median home value in Malibu  is $2,893,700.  Malibu home values have gone up 6.6% 
over the past year.  Zillow predicts they will rise 2.0 % with the year.

The median home value in Beverly Hills is $3,033,400.  Beverly Hills home values have gone up 4.1% over the past year.  Zillow predicts they will rise 1.1% with the next year.

The median home value in Bel Air is $3,309,900. Bel  Air home values have gone up 5.3% over the past year.  Zillow predicts they will rise 1.8% within the next year.  


#1     704 N Bedford Drive, Beverly Hills, CA 90210 with 6 bedrooms, 9 baths and 6,400 sq.ft. is listed for sale at $13,850,000

Located on fabled North Bedford Drive, sits the last of the Beverly Hills legacy properties. This gated, authentic Spanish masterpiece has been painstakingly updated, retaining its original architectural integrity juxtaposed with designer-done modern appointments. Splashing fountains, private courtyards, illuminating fire pits, and a tranquil koi pond dot the property creating equal opportunities to entertain, create, or simply retreat. The decadent living room dazzles with intricate Truss ceilings, a grand stone fireplace, and floor to ceiling arched windows. A chef's kitchen with large center island and below-counter flat screen TV beckons to informally gather with the option to dine in the casual breakfast room or elegant formal dining room. The master offers direct access to the backyard pool for early morning laps or a late night spa indulgence. A separate guest house with kitchenette, living room, bath, and private bedroom rounds out this truly extraordinary property.

704 N Bedford Dr, Beverly Hills, CA 90210

704 N Bedford Dr, Beverly Hills, CA 90210

704 N Bedford Dr, Beverly Hills, CA 90210

704 N Bedford Dr, Beverly Hills, CA 90210

704 N Bedford Dr, Beverly Hills, CA 90210

704 N Bedford Dr, Beverly Hills, CA 90210

704 N Bedford Dr, Beverly Hills, CA 90210

704 N Bedford Dr, Beverly Hills, CA 90210

Today's Top Phoenix Luxury Estate Listed For Sale 

A photo showing the skyline of Phoenix, looking north.  It shows the various buildings of the downtown area, as well as Sunnyslope Mountain in the background

The median home value in Scottsdale is $416,400. Scottsdale home values have gone up 4.0% over the past year. Zillow predicts they will rise 2.4% withiin the next year.

The median home value in Carefree is $750,000. Carefree home values have gone up 4.8% over the past year.  Zillow predicts they will rise 2.7% within the next year.

The median home value in Paradise Valley is $1,609,500. Paradise Valley home values have gone up 2.7% over the past year. Zillow predicts they will 2.0% with the next year.       

Today's Top San Diego Luxury Estate Listed For Sale


The median home value in San Diego County is $529,500. San Diego County home values have gone up 6.3% over the past year. Zillow predicts they will rise 2.4% within the next year.

The median home value in La Jolla, 92037 is $1,497,500. La Jolla, 92037 home values have gone up 6.5% over the past year.  Zillow predicts they will rise 2.3% within the next year.

The median home value in Solana Beach 92075 is $1,250,700. Solana Beach 92075 home values have gone up 3.3% over the past year.  Zillow predicts they will rise 2.5% within the next year.

The median home value in Del Mar 92014 is $1,675,700. Del Mar home values have gone up 9.1% over the past year.  Zillow predicts they will rise 2.5% with then next year.

The median home value in Rancho Santa Fe is $2,675,200. Rancho Santa Fe home values have declined -4.3% over the past year and Zillow predicts they will fall -1.1% within the next year.  

 #1     6900 Via Del Charro, Rancho Santa Fe, CA 92067 with 5 bedrooms, 8 baths, 
and 11,807 sq.ft. is listed for sale at $9,980,000

Quintessential authentic Spanish colonial compound custom built and first time on the market. 15,000 sq. ft. of single story living with multiple entertaining spaces , including 5 bedrooms/8 baths, complete guest house with kitchen and living quarters. This unique estate features an 1800 sq. ft. saloon/entertainment room with commercial bar and stage, theater room, wine cellar, parking for your finest cars, a horse barn and arena. There is nothing else on the market that compares to this estate!

6900 Via Del Charro, Rancho Santa Fe, CA 92067

6900 Via Del Charro, Rancho Santa Fe, CA 92067

6900 Via Del Charro, Rancho Santa Fe, CA 92067

6900 Via Del Charro, Rancho Santa Fe, CA 92067

6900 Via Del Charro, Rancho Santa Fe, CA 92067

6900 Via Del Charro, Rancho Santa Fe, CA 92067

6900 Via Del Charro, Rancho Santa Fe, CA 92067

6900 Via Del Charro, Rancho Santa Fe, CA 92067

6900 Via Del Charro, Rancho Santa Fe, CA 92067

6900 Via Del Charro, Rancho Santa Fe, CA 92067

6900 Via Del Charro, Rancho Santa Fe, CA 92067

Today's Top San Francisco Luxury Estate Listed For Sale


Image result for San Francisco skyline pictures

The median home value in San Francisco is $1,146,800. San Francisco home values have gone up 1.6% over the past year.  Zillow predicts they will rise 0.3% within the next year.

The median home value in Sausalito is $1,258,500. Sausalito home values have gone up 4.8% over the past year. Zillow predicts they will rise 0.5% within the next year. 

The median home value in Tiburon is $2,475,900. Tiburon home values have gone up 2.0% over the past year.   Zillow predicts they will rise 0.8% within the next year. 

The median home value in Saratoga is $2,372,300. Saratoga home values have gone up 0.8% over the past year.  Zillow predicts they will fall -0.3% within the next year.       

#1     14205 Shannon Road, Los Gatos, CA 95032 with 4 bedrooms, 5 baths, 
and 4,400 sq.ft. is listed for sale at $3,998,000

Los Gatos Estate, custom designed on almost 5 acres! A perfect blend of grandness yet a relaxed atmosphere and privacy! Seasonal creek and majestic oaks frame this special property set against a rolling hillside. Built in 2001, Main house has 3800 sqft, single story has volume ceilings, open flrpln w/ lg rooms including 3 bdrms and office. The chef's kitchen opens to spacious family room. Expansive windows stream the interiors w/ natural light. Gorgeous finishes, pine casing, solid doors and high ceilings thru out. Additional living quarters of 600 sqft - 2 bd/1 bath apartment over detached 2 car garage. Property is perfect for many lifestyles. Barn w/ample storage is perfect for multitude of uses. 2 paddocks, corral and pasture. Pool, cabana bath and workshop off large pool deck and built-in BBQ. Miles of open trails to ride w/breath-taking views of valley in close proximity to property. Quiet and serene yet very close to downtown LG and top LG Schools! Convenient to 85 for easy commute.

14205 Shannon Rd, Los Gatos, CA 95032

14205 Shannon Rd, Los Gatos, CA 95032

14205 Shannon Rd, Los Gatos, CA 95032

14205 Shannon Rd, Los Gatos, CA 95032

14205 Shannon Rd, Los Gatos, CA 95032

14205 Shannon Rd, Los Gatos, CA 95032

14205 Shannon Rd, Los Gatos, CA 95032


Today's Top Seattle Luxury Estate Listed For Sale

Image result for Seattle

The median home value in Kirkland is $594,400.  Kirkland home values have gone up 13.1% over the past year.  Zillow predicts they will rise 5.3% within the next year.

The median home value in Seattle is $609,100. Seattle home values have gone up 13.3% over the past year. Zillow predicts they will rise 4.7% within the next year.

The median home value in Bellevue is $751,300. Bellevue home values have gone up 13.5% over the past year. Zillow predicts they will rise 4.8% within the next year. 

The median home value in Clyde Hill is $2,149,500. Clyde Hill home values have gone up 7.7% over the past year. Zillow predicts they will rise 3.3% within the next year 

The median home value in Medina is $2,353,600. Medina home values have gone up 
10.6% over the past year and Zillow predicts they will rise 4.2% within the next year. 




#1     535 Macgnitie Road, Friday Harbor, WA 98250 with 4 bedrooms, 4 baths, and 5,770 sq.ft. is listed for sale at $4,500,000

Private Westside estate home exquisitely sited at the water's edge with mesmerizing 180 views of Haro Strait, the Olympics, and a constant parade of wildlife. Luxurious and light-filled, the shingled Timberframe main house combines Northwest elegance with unrivaled amenities and finishes. Design balances entertaining, casual living, and the waterfront lifestyle. 3+ acres with mature landscape, gorgeous guest house, and 3-car garage. Singularly distinctive - prepare to be dazzled!











Today's Mortgage Rates                                                                           52 Week 

ProductTodayYesterdayChangeLowHigh
30 Yr FRM4.18%4.20%-0.023.34%4.38%
15 Yr FRM3.38%3.41%-0.032.69%3.58%
FHA 30 Year Fixed3.75%3.75%--3.15%4.10%
Jumbo 30 Year Fixed4.30%4.33%-0.033.42%4.40%
5/1 Yr ARM3.00%3.03%-0.032.80%3.25%

Mortgage Rates Slightly Lower to End Week
Feb 17 2017, 3:13PM


Mortgage rates moved lower for a 2nd straight day.  This helps undo virtually all of the damage done by the first 3 days of the week.  In other words, today's rates are right in line with last Friday's after having been noticeably higher for the past 4 days.  There were no significant economic reports or market-moving headlines today as markets were instead focused on limiting their exposure to volatility over the upcoming 3-day weekend.  On that note, keep in mind that banks and most mortgage lenders will be closed on Monday for the Presidents Day holiday.

4.25% remains the most prevalent conventional 30yr fixed rate on top tier scenarios, although a handful of lenders moved back down to 4.125% yesterday and today.  Borrowers being quoted the same "note rate" as yesterday are seeing today's improvement in the form of slightly lower upfront costs (or a bigger upfront credit, depending on the scenario).

Loan Originator Perspective


Bonds retained yesterday's gains through mid day today, even adding to them slightly.  Our pricing improved by roughly 25 bps overnight, which is always welcome on the cusp of a 3 day weekend.  Keep in mind we're still range-bound, but now nearer rates' floor than ceiling.   Today looks like a great locking opportunity to me.  The odds of rates bouncing back up next week seem far higher than those of heading further downward. -Ted Rood, Senior Originator

I am rarely a fan of locking ahead of a 3 day weekend.   Bonds are testing the low end of range and with the 3 day weekend ahead, I feel lenders will be conservative on pricing.  I favor floating over the weekend to see if this rally can continue. -Victor Burek, Churchill Mortgage

Barring a late day sudden sell off it looks like floating is the way to go.  We’ve been basically sideways for three months now.  Playing the range trade with lock and float decisions has worked out very well for those paying attention.  I’d continue to do the same until something changes.  -Jason B. Anker, Vice President- Loan Officer at Salem Five

Today's Best-Execution Rates

  • 30YR FIXED - 4.125-4.25%
  • FHA/VA - 3.75-4.25%
  • 15 YEAR FIXED - 3.375-3.5%
  • 5 YEAR ARMS -  2.75 - 3.25% depending on the lender

Ongoing Lock/Float Considerations

  • Rates had been trending higher since hitting all-time lows in early July, and exploded higher following the presidential election
  • Some investors are increasingly worried/convinced that the decades-long trend toward lower rates has been permanently reversed, but such a conclusion would require YEARS to truly confirm
  • With the incoming administration's policies driving a large portion of upward rate momentum, mortgage rates will be hard-pressed to return to pre-election levels until well after Trump takes office.  Rates can move for other reasons, but it would take something big and unexpected for rates to get back to pre-election levels.
     
  • We'd need to see a sustained push back toward lower rates (something that lasts more than 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). 

Most importantly, have a great day!
Tom Furino

PS.     Check out all the featured Best Mansions and Top Luxury Estates in
Los Angeles, Phoenix, San Diego, San Francisco and Seattle Listed For Sale anytime at:.

www.todaysbestmansionsforsale.com
www.laluxuryrealestateupdates.com
www.phoenixluxuryrealestateupdates.com
www.seattlerealestateluxuryhomesupdates.com
www.sandiegorealestateflashreport.com
www.sfluxuryrealestateupdates.com