Monday, April 17, 2017

Today's Best Mansions: They’re lavish. They’re huge. They're grand. They're expensive.

#1     2800 W Buttermilk Road, Aspen, CO 81611 with 8 bedrooms, 11 baths, 
and 17,250 sq.ft. is listed for sale at $49,000,000



Just completed! Nestled high on Buttermilk Mountain in a grove of Aspen trees, Mopani Estate is a 44.6-acre equestrian property representing a rare and very special opportunity to enjoy unobstructed and expansive views of Red Mountain, the city of Aspen, the Cont'l Divide and Mt. Sopris. A picturesque 1,800 ft. long driveway connects the 13,500 sq. ft. mountain contemporary main residence with the two bed/two bath guest house, and the large stable at this private family compound. The main residence is built with exquisite finishes and exacting attention to detail. Features include Boffi cabinetry and stone countertops from Italy, perfectly "matchbook" stone fireplaces, a glass 11-foot-tall pivoting front door, custom made chandeliers, cedar wood ceilings, and wide plank walnut floors. 





















Today's Top LA Luxury Estate 


The median home value in Los Angeles County is $556,300. Los Angeles County home values have gone up 7.-% over the past year, Zillow predicts they will rise 0.8% within the next year.

The median home value in Brentwood, 90049 is $2,493,800. Brentwood home values have gone up 6.8% over the past year.  Zillow predicts they will rise 1.5% within the next year

The median home value in Malibu is $2,887,500.  Malibu home values have gone up 5.7% over the past year.  Zillow predicts they will rise 0.8 % within the year.'
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The median home value in Bel Air, 90077 is $3,283,500. Bel  Air home values have gone up 2.9% over the past year.  Zillow predicts they will remain even 0.0% within the next year.

The median home value in Beverly Hills 90210 is $4,842,000.  Beverly Hills home values have gone up 6.0% over the past year.  Zillow predicts they will rise 0.6% with the next year.

#1     28460 Via Acero Street, Malibu, CA 90265 with 5 bedrooms, 6 baths
 and 7,400 sq.ft. is listed for sale at $6,495,000.



Southern Mediterranean architecture meets clean, contemporary interior design. This panoramic ocean, city and mountain view masterpiece, known as Casa del Sol, sits atop a sunny south-facing, approx. 2-acre knoll. A massive subterranean garage/basement with parking for up to 10 cars, along with enough space for a media room and gym. World-renown beach at Paradise Cove is accessed directly through a private, gated tunnel under PCH. A 64-foot swimming pool with spa and automatic walkable safety cover, surrounded by lush gardens, secret pathways and beautiful views. 2 Acre Compound w/2 Large Exterior Motor Courts. Panoramic Views of Ocean, Queens Neckless, Catalina, Channel Islands & Mountains.

















Today's Top Phoenix Luxury Estate  

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
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The median home value in Scottsdale is $416,500. Scottsdale home values have gone up 2.9% over the past year. Zillow predicts they will rise 0.2% withiin the next year. 

The median home value in Carefree is $753,200. Carfree home values have gone up 5.0% over the past year.  Zillow predicts they will rise 1.6% within the next year.  

The median home value in Paradise Valley is $1,603,200.  Paradise home values have gone up 2.5% over the past year. Zillow predicts they will rise 0.3% within the next year. 


#1      6101 E Hummingbird Lane, Paradise Valley, AZ 85253 with 5 bedrooms, 
8 baths, and 10,011 sq.ft. is listed for sale at $5,500,000



This Spectacular Mediterranean style home is located near the top of Mummy Mountain with stunning views of the Mtn Ranges in N & NE Scottsdale.Custom designed & built of high quality materials to create a sophisticated,private,European-Estate atmosphere. Details include a sweeping travertine slab staircase,tumbled stone wall mosaics,coffered ceilings,24x24 travertine flooring,granite & travertine countertops.Venetian glaze wall finishes are artistically interwoven into the home's modern conveniences. A negative edge pool with a water fall, a spa & BBQ area are surrounded by patios to make this home an entertainer's dream. An elevator, Mtn side waterfall, yard & the surrounding Mtn. Preserve round out this unique property. A treasure nestled high on Mummy Mountain with outstanding views.













Today's Top San Diego Luxury Estate 


The median home value in San Diego County is $529,200. San Diego County home values have gone up 5.4% over the past year. Zillow predicts they will remain even 0.0% within the next year.

The median home value in La Jolla, 92037 is $1,487,400. La Jolla, 92037 home values have gone up 6.7% over the past year.  Zillow predicts they will rise 0.1% within the next year. 

The median home value in Solana Beach 92075 is $1,262,200. Solana Beach 92075 home values have gone up 4.9% over the past year.  Zillow predicts they will decline - 0.6% within the next year.

The median home value in Del Mar 92014 is $1,684,400 Del Mar home values have gone up 10.1% over the past year.  Zillow predicts they will rise 1.5% within the next year.

The median home value in Rancho Santa Fe is $2,560,100. Rancho Santa Fe home values have declined -4.4% over the past year and Zillow predicts they will decline -3.0% within the next year.

#1      1009 Solymar Drive, La Jolla, CA 92037 with 5 bedrooms, 6 baths, 
and 5,592 sq.ft. is listed for sale at $5,500,000.

 
An extraordinary single level home in the heart of the Old Muirlands on close to a level acre with lighted tennis court, pool and spa. This private gated property has a slate entry, hardwood floors, gas fireplaces in the living room and master bedroom as well as an outdoor wood burning fireplace, an enormous open family room/kitchen, a guest room en-suite with its own entry, and a golf simulator room.








Today's Top San Francisco Luxury Estate 

Image result for San Francisco skyline pictures

The median home value in San Francisco is $1,145,300. San Francisco home values have gone up 0.0% over the past year.  Zillow predicts they will decrease by - 0.5% within the next year.

The median home value in Sausalito is $1,280,200. Sausalito home values have gone up 4.4% over the past year. Zillow predicts they will rise 0.3% within the next year. 

The median home value in Tiburon is $2,490,300. Tiburon home values have gone up 1.4% over the past year.   Zillow predicts they will rise 0.4% within the next year. 

The median home value in Saratoga is $2,399,200. Saratoga home values have gone up 0.9% over the past year.  Zillow predicts they will rise 0.3% within the next year. 

The median home value in Atherton is $6,271,800. Atherton home values have gone up 6.7% over the past year and Zillow predicts they will rise 1.7% within the next year. 

#1    220 University Avenue, Los Altos, CA 94022 with 4 bedrooms, 8 baths, 
and 7,683 sq.ft. is listed for sale at $11,500,000.



Landmark estate property, circa 1926. Extremely rare offering just one block to downtown Los Altos. Renovated with complete respect for its early heritage. 4 levels all connected by elevator. 4 bedrooms plus an office, den, 3 full baths, and 2 half-baths. Two offices, family room, billiards/media room and bar, fitness center, wine cellar, cupola art studio. Pool, entertainment gazebo with kitchen and seating for 50+, cabana with two half-baths, pond with waterfall, and extraordinary garden. Irrigation Bonus: Well for irrigation purposes at the property.











Today's Top Seattle Luxury Estate 

The median home value in Kirkland is $609,700.  Kirkland home values have gone up 13.5% over the past year.  Zillow predicts they will rise 4.0% within the next year.

The median home value in Seattle is $624,700. Seattle home values have gone up 11.4% over the past year. Zillow predicts they will rise 3.8% within the next year.

The median home value in Bellevue is $762,500. Bellevue home values have gone up 12.8% over the past year. Zillow predicts they will rise 3.9% within the next year. 

The median home value in Mercer Island, WA is $1,349,500, Mercer island home values have gone up 12.3% over the past year.  Zillow predicts they will rise 4.1% with the next year.

The median home value in Clyde Hill is $2,275,200. Clyde Hill home values have gone up 11.8% over the past year. Zillow predicts they will rise 3.4% within the next year.

The median home value in Medina is $2,376,600. Medina home values have gone up 10.5% over the past year and Zillow predicts they will rise 3.6% within the next year.

   
5 baths, and 6,070 sq.ft. is listed for sale at $7,800,000


A peaceful gem tucked in Medina's cozy Fairweather Bay. Quiet and private, this sophisticated well maintained Cape Cod home is surrounded by 3/4 acres of beautiful park-like landscaping. 5 spacious bedrooms, guest suite & office on main floor. Lake views from every room. Plenty of indoor & outdoor entertaining space. Enjoy 88' protected low-bank waterfront with level access, moorage, dock and 2 boat lifts for your yachts. It also provides a rare opportunity for global-wise stylish investors. 
















Today's Top Real Estate News

The 10 Happiest Communities in America

Slide 1 of 51: <p>Whether you’re planning a move and considering the best areas for raising children or you’re curious about how your own sense of well-being stacks up against other Americans’, the Gallup-Healthways State of American Well-Being series is a good place to start. The latest report ranked 189 U.S. communities by the <a href="http://www.well-beingindex.com/">Well-Being Index score</a> of their residents.</p><p>The rankings are based on scores for five factors, considered by this study to be the elements of well-being:</p>Purpose: Liking what you do each day and being motivated to achieve your goalsSocial: Having supportive relationships and love in your lifeFinancial: Managing your economic life to reduce stress and increase securityCommunity: Liking where you live, feeling safe and having pride in your communityPhysical: Having good health and enough energy to get things done daily<p>The idea is to provide data that can help individuals and community leaders make meaningful and positive changes to attract new residents and to encourage existing residents to make choices resulting in the best quality of life. Ranked from lowest to highest Well-Being Index score, here are the 50 happiest U.S. communities:</p><p><a href="https://signup.moneytalksnews.com?utm_source=msn&utm_medium=feed&utm_campaign=msn-newsletter-signup">It's not the usual blah, blah, blah. Click here to sign up for our free newsletter.</a></p>
Today's Mortgage Rates
                                                                                                                                 52 Week.

ProductTodayYesterdayChangeLowHigh
30 Yr FRM4.04%4.05%-0.013.34%4.39%
15 Yr FRM3.27%3.28%-0.012.69%3.61%
FHA 30 Year Fixed3.75%3.75%--3.15%4.10%
Jumbo 30 Year Fixed4.31%4.33%-0.023.42%4.60%
5/1 Yr ARM3.07%3.09%-0.022.80%3.25%
Updated: 4/13/17 12:04 PM
Rates Push 2017 Lows For 3rd Straight Day
Apr 13 2017, 12:07PM

Mortgage rates set new 2017 lows for the third straight day today, although only in terms of "effective rates" (which take upfront costs into account).  "Note rates" (which simply refer to the rate applied to one's loan balance) are unchanged from yesterday, with most lenders continuing to quote 4.0% for top tier conventional 30yr fixed scenarios.  There are still quite a few lenders quoting 4.125% and a very small minority already down to 3.875%.  
There were no new motivations for bond market movement (which dictates rates) today, but in general, rates have benefited this week from geopolitical risks and Trump's comments on the strength of the US dollar yesterday.  Markets will close early today in observance of the Good Friday holiday and will be closed tomorrow.  Banks will also be closed, which means no potential mortgage rate movement until next Monday.

Loan Originator Perspective


Bonds have had a great rally over the last couple days, so you should be seeing nicely improved rate sheets.  Typically, not a fan at locking with a holiday weekend ahead, but I think it would be wise to lock in these gains today. -Victor Burek, Churchill Mortgage
Bond markets closed early today, and will be closed Good Friday as well.  We've had quite a ride this week, gaining about 50 bps on pricing, and rates are at their 2017 lows.  A lot can change in this world over a 3.5 day weekend, I wouldn't blame anyone for locking here.  By the same logic, hard to fault floaters, given current geo-political drama and legislative stalemate.  Can't go wrong either way, I guess. -Ted Rood, Senior Originator

Today's Best-Execution Rates

  • 30YR FIXED - 4.0%
  • FHA/VA - 3.75%
  • 15 YEAR FIXED - 3.375%
  • 5 YEAR ARMS -  2.75 - 3.25% depending on the lender

Ongoing Lock/Float Considerations

  • 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
  • Rates are currently attempting to break below the post-election range.  This is the most promising position they've been in during 2017.
     
  • We're shifting into a trend where the burden of proof will be on fiscal reforms and other policy developments to push rates higher.  Until and unless the 2017 ceiling breaks, we can at least say that the trend is now sideways.
     
  • Rates discussed refer to the most frequently-quoted, conforming, conventional 30yr fixed rate for top tier borrowers among average to well-priced lenders.  The rates generally assume little-to-no origination or discount except as noted when applicable.  Rates appearing on this page are "effective rates" that take day-to-day changes in upfront costs into consideration.
Thanks for reading today's Blog.  Looking for more information?  Have a comment?  Please call, text or email me at 619-944-8749 or furtree@msn.com. Most importantly, have a great day!

Cordially,

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