Monday, May 1, 2017

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

#1       3800 East Cameldale Way, Paradise Valley, AZ 85253 with 8 bedrooms, 
17 baths and 8,000 sq.ft. is listed for sale at $27,500,000.



Privately gated and set amidst exquisite grounds, designed by renowned landscape architect Christie Ten Eych, the breathtaking views of Camelback Mountain, the McDowell Mountains, and Four Peaks surround this amazing property. The unmatched resort atmosphere resembles a true oasis while offering all of the comfort and warmth of home. Experience the exquisite combination of premiere finishes and rare amenities from exclusive interior designer David Scott and Frank Lloyd Wright trained exterior architect Vernon Swaback; such as the tranquil Water Room encased in rounded glass walls, surrounded by deep ocean blue pools and waterfalls inspired by the Italian water gardens of Villa D'Este.















Today's Top Real Estate News

The 10 States Suffering The Most From The Affordable Housing Crisis

Business Insider
By Leanna Garfield

2. California


Slide 10 of 10: <p> Nationally, there are 35 affordable homes available per 100 ELI renters.</p><p> Check out <a href="http://nlihc.org/research/gap-report">the report here</a> and more information about <a href="https://aspe.hhs.gov/poverty-guidelines">the ASPE Poverty Guidelines here</a>.</p>


If you find it hard to find an affordable apartment or house in the US, you're not alone.
For the past several years, the country has been suffering from an affordable housing crisis,  making it especially difficult for an estimated 11.4 million extremely low-income (ELI) American households to find places to live. ELI households are defined as those earning below the poverty line or 30% of the area's average median income - whichever is higher.
From 2007 to 2013, the number of low-income households increased 18%, but funding for the largest federal housing programs remain below 2008 levels. HUD, the housing agency that funds anti-poverty efforts, could lose approximately $6.2 billion next year if the Trump administration's budget is approved.

While there is a nationwide shortage of affordable housing, some states are worse off than others. That's a reality reflected in a new report by the National Low Income Housing Coalition, which analyzed the availability of affordable housing in every state. The report defines an affordable housing deficit as when ELI households must spend more than 30% of their incomes on rent and utilities.Ten states have fewer than 30 affordable homes available per 100 households in extreme poverty, according to the report.

1.   Nevada  has a dire shortage of affordable housing where just 15 homes are available per 100 ELI renters.


Today's Mortgage Rates                                                                             52 Week.
ProductTodayYesterdayChangeLowHigh
30 Yr FRM4.09%4.09%--3.34%4.39%
15 Yr FRM3.34%3.34%--2.69%3.61%
FHA 30 Year Fixed3.80%3.80%--3.15%4.10%
Jumbo 30 Year Fixed4.35%4.36%-0.013.42%4.60%
5/1 Yr ARM3.08%3.06%+0.022.80%3.25%



Updated: 4/28/17 2:40 PM

The Top Luxury Estates in Los Angeles, Phoenix, San Diego, San Francisco 
and Seattle Listed  For Sale.

Today's Top LA Luxury Estate 


The median home value in Los Angeles County is $560,500. Los Angeles County home values have gone up 1.6% over the past year, Zillow predicts they will rise 0.5% within the next year.

The median home value in Brentwood, 90049 is $2,471,800. Brentwood home values have gone up 5.1% over the past year.  Zillow predicts they will rise 1.3% within the next year

The median home value in Malibu is $2,866,500.  Malibu home values have gone up 4.8% over the past year.  Zillow predicts they will rise 0.7 % within the year.

    The median home value in Bel Air, 90077 is $3,243,500. Bel  Air home values have gone up 0.2% over the past year.  Zillow predicts they will remain even -(0.5)% within the next year.

    The median home value in Beverly Hills 90210 is $4,834,000.  Beverly Hills home values have gone up 3.5% over the past year.  Zillow predicts they will rise 0.6% with the next year.

    #1    1000 Robin Hood Lane, Lake Arrowhead, CA 92352 with 6 bedrooms, 9 baths, and 8,000 sq.ft. is listed for sale at $11,800,000. 



    Perfectly positioned on the tip of its own private peninsula, this exceptional French Normandy-style lakefront masterpiece blends classic Old World architecture with state-of-the-art amenities. No detail has been overlooked. Extraordinary living room, dining room, breakfast room, den/office, 20+ seat theater, wine cellar, billiards room, studio, dock house, pier, dock and more! A once in a lifetime opportunity to own what truly is the finest estate home in Lake Arrowhead.  









    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
    .
    The median home value in Scottsdale is $416,900. Scottsdale home values have gone up 2.5% over the past year. Zillow predicts they will rise 0.2% withiin the next year. 

    The median home value in Carefree is $746,800. Carfree home values have gone up 
    4.2% over the past year.  Zillow predicts they will rise 1.4% within the next year.  

    The median home value in Paradise Valley is $1,594,100.  Paradise home values have gone up 1.6% over the past year. Zillow predicts they will rise 0.5% within the next year.


    #1     10673 East Wingspan Way #1656, Scottsdale, AZ 85255 with 6 bedrooms, 
    7 baths, and 11,026 sq.ft. is listed for sale at $11,500,000.


    Entering through the gates, you arrive at an extraordinarily private compound on 3.5 acres in the Upper Canyon of Silverleaf. Both the main residence (8,349 square feet) and guest quarters/party house (2,677 square feet) exude a harmony of materials enriched by lush landscaping and majestic views-the ultimate in Arizona resort style living. The homes function independently with 4 bedrooms in the main house and 2 bedrooms in guest quarters; 7 total bathrooms and 6 car garage. Spreading over the exquisite grounds are two pool/spas, and firepits, along with multiple outdoor fireplaces, fountains and loggias. Most every room in both homes flow seamlessly into charming covered courtyards or patios, and there is no question that the possibilities for entertaining family and friends are endless. After scrolling through the photos, you can see that both homes are unique but together become something exceptional. 










    Today's Top San Diego Luxury Estate 


    The median home value in San Diego County is $532,000. San Diego County home values have gone up 5.2% over the past year. Zillow predicts they will remain even 0.9% within the next year.

    The median home value in La Jolla, 92037 is $1,473,100. La Jolla, 92037 home values have gone up 4.4% over the past year.  Zillow predicts they will rise 0.5% within the next year.

    The median home value in Solana Beach 92075 is $1,265,700. Solana Beach 92075 home values have gone up 5.1% over the past year.  Zillow predicts they will rise 0.3%% within the next year.

    The median home value in Del Mar 92014 is $1,649,900 Del Mar home values have gone up 8.1% over the past year.  Zillow predicts they will rise 1.9% within the next year.

    The median home value in Rancho Santa Fe is $2,542,200. Rancho Santa Fe home values have declined -(5.2)% over the past year and Zillow predicts they will decline -(2.4)% within the next year.

    #1    595 San Antonio Avenue, San Diego-Mission Hills, CA 92106 with 5 bedrooms, 
    7 baths, and 6,186 sq.ft. is listed for sale at $9,500,876. 

     
    Opportunity knocks on the Bayfront! Prominently positioned on 100 feet of prime bay frontage in the coveted La Playa area of Point Loma, this exceptionally private residence rests upon a spacious, corner lot surrounded by beautiful landscaping. The expansive floor plan boasts 5 en suite bedrooms, 7 baths, his & hers offices, and a bonus room. Large living areas open onto a generous pool patio providing the perfect environment to dine al fresco while enjoying exquisite panoramas of the yacht-filled marina.









    Today's Top San Francisco Luxury Estate 

    Image result for San Francisco skyline pictures

    The median home value in San Francisco is $1,167,700. San Francisco home values have gone up 1.5% over the past year.  Zillow predicts they will decrease by 0.1% within the next year.


    The median home value in Sausalito is $1,272,400. Sausalito home values have gone up 3.6% over the past year. Zillow predicts they will rise 0.7% within the next year. 

    The median home value in Tiburon is $2,497,100. Tiburon home values have gone up 1.9% over the past year.   Zillow predicts they will rise 0.2% within the next year. 

    The median home value in Saratoga is $2,406,500. Saratoga home values have gone up 0.4% over the past year.  Zillow predicts they will rise 0.2% within the next year. 

    The median home value in Atherton is $6,147,100. Atherton home values have gone up 3.0% over the past year and Zillow predicts they will rise 0.7% within the next year.

    #1      925 Addison Avenue, Palo Alto, CA 94301 with 6 bedrooms, 6 baths, 
    and 4,468 sq.ft. is listed for $8,995,000


    This stunning contemporary home - located in one of North Palo Alto's most sought after locales- is composed of an expansive house and spacious guest house. Comprised of 4,469 sqft on an over one-quarter acre lot, with a 5 bed/4.5 bath main home and large 1 bed/2 bath guest house. Both present a sophisticated contemporary design with entire walls of glass, gray limestone and white oak floors, European cabinetry and fixtures throughout. A floating open-tread staircase is a work of art in the main residence, along with a chef's dream kitchen and adjoining family room w/built-in home theater, a main-level suite, an upstairs master suite w/its own terrace, and built-in office/study center. The guest house has a large great room, 1 bedroom, office, gym, and 2 baths. Adding the finishing touch is this property's spacious deck and terrace are designed for indoor/outdoor living. With an ideal location with less than one mile to downtown University and top-rated Palo Alto schools.








    Today's Top Seattle Luxury Estate 

    Image result for Seattle 
    The median home value in King County is $540,400. King County 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 Kirkland is $626,600.  Kirkland home values have gone up 14.7% over the past year.  Zillow predicts they will rise 3.8% within the next year.

    The median home value in Seattle is $638,100. Seattle home values have gone up 12.2% over the past year. Zillow predicts they will rise 5.1% within the next year.

    The median home value in Bellevue is $783,000. Bellevue home values have gone up 13.9% over the past year. Zillow predicts they will rise 5.2% within the next year. 

    The median home value in Mercer Island, WA is $1,363,600, Mercer island home values have gone up 10.3% over the past year.  Zillow predicts they will rise 5.1% with the next year.

    The median home value in Clyde Hill is $2,298,400. Clyde Hill home values have gone up 10.8% over the past year. Zillow predicts they will rise 4.5% within the next year.

    The median home value in Medina is $2,403,000. Medina home values have gone up 10.2% over the past year and Zillow predicts they will rise 4.8% within the next year.

    #1     1365 91st Avenue NW, Clyde Hill, WA 98004 with 5 bedrooms, 6 baths, 
    and 7,257 sq.ft. is listed for sale at $6,998,000.



    Signature Steven D Smith Clyde Hill Gated Estate. Unparalleled Lake Washington, Olympic Mountains & Seattle Skyline Views! Main Level Master & Guest Suites! Covered Outdoor Great Room w/ fireplace, TV & open-air kitchen for year round enjoyment w/ Cedar Soffit Ceiling, Speakers & Infratech Heating. Lower Gathering Room w/ Entertaining spaces, Refreshment Bar, Wine Cellar, Media Room & Covered Terrace with fireplace. Minutes from downtown Bellevue lifestyle w/ Award Winning Bellevue Schools!






    Thanks for reading "Today's Best Mansions"

    Looking for more information?  Have a comment?  Need a Realtor referral?  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 "Today's 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