Wednesday, May 24, 2017


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


#1      995 Fifth Avenue, New York, NY 10028 with 6  bedrooms, 12 baths, 
and 7,067 sq.ft. is listed for sale at $65,000,000.

                         .  image-18.
Magnificent designer 11-room, renovated Duplex penthouse with sweeping views of Central Park and the Skyline from two enormous wrap terraces with Madison Cox designed plantings. There are 6 bedrooms and 7.5 baths with 4 wood-burning fireplaces, expansive living room, library, state-of-the-art Chef's Eat-in-Kitchen, laundry room, private elevator and abundant storage and closet space throughout this beautiful home. Building amenities Include: Health club and fitness center, 24 doorman, concierge, resident manager, bicycle room, and storage. Originally designed by Rosario Candela and built in Fifth Avenue is a premier white glove full service cooperative with condominium rules. Pets are welcome.











Today's Top Real Estate News
New Home Sales Contract Sharply in April
By Jann Swanson
Mortgage News Daily

Sales of newly constructed homes lost momentum in April, reversing three straight months of gains. The Census Bureau and the Department of Housing and Urban Development said sales were down 11.4 percent from March to a seasonally adjusted annual rate of 569,000, and barely eked out an 0.5 percent gain from the April 2016 estimate of 566,000 units.



There was one positive note. Sales in March were revised upward significantly; from 621,000 to 642,000. The pushed March ahead of last July, to being the strongest month since the housing crisis began.

Analysts had expected sales to dip after three months of solid increases, however those polled by Econoday were looking for them to be in a range of 585,000 to 622,000 units. The consensus was 604,000 units.

On a non-seasonally adjusted basis there were 54,000 newly constructed homes sold compared to 61,000 in March and 55,000 in April 2016.  Prices, both median and average, of homes sold during the month were lower than the previous April.  The median slipped from $321,300 to $309,200 and the average declined to $368,300 from $380,000. It was the second time in three months that sales prices were lower on a year-over-year basis.

At the end of the reporting period there were an estimated 264,000 new homes for sale nationwide, a 3,000-unit increase from March.  The available inventory was estimated at a 4.8-month supply at the current sales pace, compared to 4.3 months in March.  Inventory numbers are not seasonally adjusted. The average marketing period in April was 3.7 months.

Sales in the Northeast were down 7.5 percent from March and 5.1 percent compared to April 2016.  The Midwest saw sales decline by 13.1 percent for the month, but were 19.7 percent higher than a year earlier.

In the South, month-over-month sales were down by 4.0 percent, but sales rose 4.1 percent from the previous April.  The West took the biggest hit, down 26.3 percent and 13.7 percent for the two periods.
Today's Mortgage Rates                                                                                   52 Week 


ProductTodayYesterdayChangeLowHigh
30 Yr FRM4.03%4.03%--3.34%4.39%
15 Yr FRM3.29%3.29%--2.69%3.61%
FHA 30 Year Fixed3.75%3.75%--3.15%4.10%
Jumbo 30 Year Fixed4.31%4.32%-0.013.42%4.60%
5/1 Yr ARM3.08%3.10%-0.022.80%3.25%
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     9255 Doheny Road, Unit 2501, West Hollywood, CA 90069 with 2 bedrooms, 
3 baths, and 2,260 sq.ft. is listed for sale at $4,495,000.
Exceptional opportunity to own one of the largest floor plans in Sierra Towers. Beautifully positioned on the quiet and serene Northwest corner of the 25th floor, this unit boasts a magnificent location, nearly 2,300 sq. ft of interior living space, and a large outdoor terrace with birds eye views of Beverly Hills, the Pacific Ocean and beyond. Move in or create your own vision in this very special setting. With an unmatched combination of location, history, and architecture, Sierra Towers has set the gold standard for high rise living in Los Angeles for over half a century.






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      10139 E Phantom Way #1318, Scottsdale, AZ 85255 with 4 bedrooms, 5 baths, and 4,798 sq.ft. is listed for sale at $2,795,000.



An amazing custom remodel opportunity for your clients to hand select all of the finishes in this new professionally designed home in Silverleaf Parks now under construction with estimated completion by the end of summer 2017!Situated on one of the nicest lots in all of the Silverleaf Parks Verandas, this fine home will have the same floorplan #5 as their current listing (MLS# 5607157) Come and appreciate the quality and attention to detail that Cabral Development is using to set a new bar in design and remodeling of Silverleaf Homes.






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     6919 Country Club Drive, La Jolla, CA 92037 with 4 bedrooms, 5 baths, 
and 6,042 sq.ft. is listed for sale at $6,498,000
Overlooking fairway, sea, sunset, and Village at the pinnacle of Country Club Drive find gated 'Villa de la Torre,' a magnificent private residence built with curated architectural treasures from all over the world. Ancient vessels, antique doors, hand rubbed cabinetry and woodwork, soaring open beam ceilings and handcrafted fixtures created from iron, seashells, copper, stone and more are found throughout the home, creating a highly sophisticated aesthetic with warm ambiance. 








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     108 Golden Gate Avenue, Belvedere, CA 94920 with 4 bedrooms, 5 baths, 
and 5,150 sq.ft. is listed for sale at $5,995,000.


Stunning luxury residence with outstanding views of Belvedere Lagoon, Tiburon hills, Richardson Bay. The lush patio is surrounded by gardens and magnificent trees and the view decks overlook a formal English rose garden. A formal living room, formal dining room, custom gourmet kitchen, family room, media room, and custom designer finishes create remarkable indoor outdoor living, perfect for families & entertaining and luxurious year-round living.








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     1100 5th Avenue W, Seattle, WA 98119 with 4 bedrooms, 4 baths, 
and 5,677 sq.ft. is listed for sale at $7,500,000.

One of a kind sophistication in this private retreat with smashing views. Custom finishes with attention to every detail when the home was totally re imagined and remodeled in 2007. The stunning oversized 15,000 sq ft lot, wide to the view, is sited for privacy on SW slope. A beautiful kitchen opens to the coveted family room and casual dining. Upstairs is a sumptuous master suite and large office. Outside the landscaped grounds with in ground pool and cabana will transport you to another place.


















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