Friday, June 23, 2017


Today's Best Mansion: It's lavish. It's huge. It's grand. It's
 expensive


#1      1550 Portola Road, Woodside, CA 83062 with 5 bedrooms, 8 baths, 
and 6,305 sq.ft. is listed for sale at $48,800,000.

1550 Portola Rd, Woodside, CA 94062


Welcome to Canardia, one of the most enchanting properties in all of Lower Woodside. This storybook property, originally belonging to prominent socialite Adelade Kirkbride, boasts 7+ majestic acres of lush landscaping and serene gardens, including horse stables and its own private lake. The main residence includes 5BR and 7.5BA with over 6,000 sq. ft. of living space, including a gourmet chef's kitchen, game room, and large master bedroom wing. An entertainer's dream house, with pool, pool house, fire pits, outdoor kitchen, gardens, and more. A premiere horse property, with stables and box stalls, zoned for 14+ horses. Minutes away from both Downtown Woodside and the Rosewood Sand Hill, the property is perfectly located in the middle of the SF Peninsula, between San Francisco and San Jose. It sits in close to proximity to San Francisco International Airport an San Jose International Airport, and companies Apple, Google, Facebook, Sand Hill Road VC firms and Stanford University. 

1550 Portola Rd, Woodside, CA 94062

1550 Portola Rd, Woodside, CA 94062

1550 Portola Rd, Woodside, CA 94062


1550 Portola Rd, Woodside, CA 94062

1550 Portola Rd, Woodside, CA 94062

1550 Portola Rd, Woodside, CA 94062

1550 Portola Rd, Woodside, CA 94062

1550 Portola Rd, Woodside, CA 94062

1550 Portola Rd, Woodside, CA 94062

Today's Top LA Luxury Estate 


The median home value in Los Angeles County is $566,400. Los Angeles County home values have gone up 6.7% over the past year, Zillow predicts hey will decrease (-2.2%) within the next year.

    The median home value in Brentwood, 90049 is $2,425,700. Brentwood home values have gone up 3.0% over the past year.  Zillow predicts they will decrease (- 3.0%) within the next year

      The median home value in Malibu is $2,885,000.  Malibu home values have gone up 4.6% over the past year.  Zillow predicts they will decrease (-2.7%) within the year.

      The median home value in Bel Air, 90077 is $3,264,800  Bel  Air home values have gone up 0.5% over the past year.  Zillow predicts they will go down  (-3.8%) within the year.

      The median home value in Beverly Hills 90210 is $4,893,900.  Beverly Hills home values have gone up 0.4% over the past year.  Zillow predicts they will decrease (-2.4%)  within the next year.

      #1      1921 Bel Air Road,, Bel Air, CA 90077 with 7 bedrooms, 8 baths, and 7,501 sq.ft. is listed for sale at $7,999,999

      1921 Bel Air Rd, Los Angeles, CA 90077
      A stunning modern day gated Tuscan Villa situated on the prestigious Bel-Air Road. This Meticulous home is masterfully crafted with the highest quality finishes. Panoramic views from almost every room gives the feeling of an airy, bright and tranquil setting. One is greeted by the grand foyer that features limestone floors through out the house. The living room offers a grand space that leads to a breath taking limestone terrace. The cook's kitchen with hand painted tile back splash has antiqued cabinetry, walk in pantry, grand center island ,dining area and bi-fold doors, which also leads to the terrace. The impressive sized terrace offers a beautifully designed built in Barbecue with a custom hood, beverage cooler and bar area. An entertainers dream! 
      1921 Bel Air Rd, Los Angeles, CA 90077

      1921 Bel Air Rd, Los Angeles, CA 90077

      1921 Bel Air Rd, Los Angeles, CA 90077

      1921 Bel Air Rd, Los Angeles, CA 90077

      1921 Bel Air Rd, Los Angeles, CA 90077

      1921 Bel Air Rd, Los Angeles, CA 90077

      1921 Bel Air Rd, Los Angeles, CA 90077

      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 $421,200. Scottsdale home values have gone up 2.8% over the past year.  Zillow predicts they will decrease (-2.7%) within the next year. 

        The median home value in Carefree is $751,100. Carefree home values have gone up 3.6% over the past year.  Zillow predicts they will decrease (-1.7%) within the next year.

        The median home value in Paradise Valley is $1,611,700.  Paradise home values have gone up 1.0% over the past year. Zillow predicts they will decrease (-2.8%) within the next year.

        #1      6001 West Copper Basin Road, Prescott, AZ 86338 with 3 bedrooms, 5 baths, and 7,151 sq.ft. is listed for sale at $3,000,000.


        Amazing secluded ranch estate surrounded National Forest! Escape to this private retreat w/ panoramic views & amazing sunsets! True relaxing indoor/outdoor living to experience in the covered cantina w/ full kitchen. Stunning great room w/ amazing panoramic views through the wall of windows. Kitchen w/ walk-in pantry, cherry Hopi etched cabinets, & island to prepare meals in. Relax in the private master suite w/ deck access, walk-in closets, cedar lined window seat, & dual vanities. Cozy library to enjoy good books in. Loft for an at home office! Expansive game room w/ dual sided copper & flagstone fireplace, craft room attached, & built-in desk. Additional bedrooms perfect for guests! Livestock facilities, miles of roads & trails! Come experience this remarkable one of a kind ranch today!




















        Today's Top San Diego Luxury Estate 


        The median home value in San Diego County is $543,400. San Diego County home values have gone up 5.7% over the past year. Zillow predicts they will remain even 2.4% within the next year.

          The median home value in La Jolla, 92037 is $1,476,600. La Jolla, 92037 home values have gone up 1.1% this past year.  Zillow predicts they will decrease (1.2%) within the next year.

          The median home value in Solana Beach 92075 is $1,284,100. 
          Solana Beach 92075 home values have gone up 5.3% this past year. Zillow predicts they will rise 1.6%% within the next year.



              The median home value in Del Mar 92014 is $1,615,300 Del Mar home values have gone up 3.2% over the past year.  Zillow predicts they will decrease (0.6%) within the next year.

              The median home value in Rancho Santa Fe is $2,593,300. Rancho Santa Fe 
              home values have declined -(2.9)% over the past year and Zillow predicts they will decline -(3.7)% within the next year.

              #1      555 San Antonio Avenue, San Diego, CA 92106 with 4  bedrooms, 5 baths
               and 4,130 sq.ft. is listed for sale at $7,200,000.

              A stunning waterfront home in La Playa, Point Loma, with dramatic custom doors that lead you to the perfect bayfront view. Completely remodeled in 2012 this home features an open floor plan with exceptional design and materials throughout. Walls of windows & doors frame the ever changing views & sounds of the yachts & sailboats on the bay. An entertainer's dream with indoor/outdoor spaces that flow seamlessly to the large deck that spans 100 ft of bayfront. Private steps lead you to the sand and water. This home is the epitome of well thought out design and function. The setting is superb and truly breathtaking. Enter through the custom designed front doors into a spacious front foyer with a dramatic sweeping staircase. The home flows naturally towards the water and those views. Brushed marble and walnut hardwood floors add beauty and light to the rooms. The gourmet kitchen features Wolf and Subzero appliances with quartzite stone counters. The wine cellar with stone finish walls has a capacity of 500 bottles. The kitchen opens to a step down living room and dining room. All rooms flow to the outside deck and create a perfect setting for large parties or intimate family gatherings. All 4 bedroom have remodeled ensuite bathrooms and the 3 upstairs bedrooms are spacious with windows and doors that frame the view of the bay. Live the dream!













              Today's Top San Francisco Luxury Estate

              Image result for San Francisco skyline pictures

              The median home value in San Francisco is $1,194,500. San Francisco home values have gone up 4.0% over the past year.  Zillow predicts they will decrease by 1.0% within the year.

              The median home value in Sausalito is $1,256,800. Sausalito home values have gone up 2.6% over the past year. Zillow predicts they will rise 1.5% within the next year. 


              The median home value in Tiburon is $2,479,000. Tiburon home values 
              have gone up 2.1% over the past year.   Zillow predicts they will rise decrease by (2.2%) within the next year. 


              The median home value in Saratoga is $2,453,600. Saratoga home values have gone up 2.8% over the past year.  Zillow predicts they will decrease (- 2.4%) within the next year. 

              The median home value in Atherton is $6,343,800. Atherton home values have gone up 7.3% over the past year and Zillow predicts they will decrease ( -1.8%) within the next year.

              #1      26450 Ascension Drive, Los Altos Hills, CA 94022 with 4 bedrooms, 4 baths, and 4,085 sq.ft. is listed for sale at $4,198,000.
              Located in the desirable Los Altos Hills in a prestigious neighborhood. Excellent location, within walking distance to Downtown Los Altos shopping and dining. Top Ranking Palo Alto School District. Spectacular remodeled kitchen with granite counter tops, over-sized center island with seating, stainless steel appliances, gas range, double oven, and plenty of storage space, Eat- in kitchen, Formal Dining room, Separate living and family rooms, Family Room overlooks the lush exterior landscape, Sparkling hardwood floors, Fresh interior paint throughout, Inside laundry room, dual zoned heating and air conditioning and much more! Lot spanning over 1 acre with expansive deck ideal for entertaining.












              Today's Top Seattle Luxury Estate

              Image result for Seattle 
              The median home value in King County is $566,900. King County home values have gone up 15.7% over the past year.  Zillow predicts they will rise 3.2% within the next year.

              The median home value in Kirkland is $645,900.  Kirkland home values have gone up 17.8% over the past year.  Zillow predicts they will rise 3.7% within the next year.

                The median home value in Seattle is $670,300. Seattle home values have gone up 14.5% over the past year. Zillow predicts they will rise 3.1% within the next year.

                The median home value in Bellevue is $819,700. Bellevue home values have gone up 15.6% over the past year. Zillow predicts they will rise 3.2% within the next year. 

                The median home value in Mercer Island is $1,401,000, Mercer island home values have gone up 10.7% over the past year.  Zillow predicts they will rise 2.6% with the next year.

                The median home value in Clyde Hill is $2,425,000. Clyde Hill home values have gone up 13.0% over the past year. Zillow predicts they will rise 2.6% 
                within the next year.

                  The median home value in Medina is $2,545,200. Medina home values have gone up 13.5% over the past year and Zillow predicts they will rise 2.8% withinthe next year.

                  #1      11237 Battle Point Drive NE, Bainbridge Island, WA 98110 with 5 bedrooms, 
                  5 baths, and 5,553 sq.ft. is listed for sale at $3,745,000.
                  11237 Battle Point Dr Ne, Bainbridge Island, WA 98110

                  Coveted Low Bank Waterfront with rolling lawns on the sunny Gold Coast of Bainbridge Island. New Construction with 5500sf of lavish finish, extravagant amenities, and attention to detail. Double master suites offer the most flexible floorplan. Light filled dining room, living, & chefs kitchen open onto the expansive patios for an indoor/outdoor lifestyle. Views of Puget Sound, Olympic Mtns, and designer landscaping from every room. You'll feel at home and relaxed the moment you arrive.

                  11237 Battle Point Dr Ne, Bainbridge Island, WA 98110
                  11237 Battle Point Dr Ne, Bainbridge Island, WA 98110


                  11237 Battle Point Dr Ne, Bainbridge Island, WA 98110

                   11237 Battle Point Dr Ne, Bainbridge Island, WA 98110

                  11237 Battle Point Dr Ne, Bainbridge Island, WA 98110

                  11237 Battle Point Dr Ne, Bainbridge Island, WA 98110

                  11237 Battle Point Dr Ne, Bainbridge Island, WA 98110

                  Today's Mortgage Rates
                  Mortgage Rates Sideways to Slightly Lower

                  Jun 22 2017, 3:50PM

                  Mortgage rates have been so little-changed in recent days that yesterday's coverage wouldn't need to be changed in order to apply perfectly today.  Indeed, the 3rd paragraph is a word-for-word repeat.  To be fair though, we would need to update yesterday's reference to "especially over the past 5 days."  That "5" would now be a "6," obviously.  

                  Any detectable difference in today's rate quotes would come in the form of slightly lower upfront costs versus yesterday.  The actual interest rate quote remains unchanged.  This sideways trend could easily continue for several more days.

                  The absence of change continues to be a good thing given that rates remain very close to their lowest levels in more than 8 months.  Only a handful of recent days have been any better.  4.0% is the most prevalently-quoted conventional 30yr fixed rate on top tier scenarios, though a few of the aggressive lenders remain at 3.875%. 

                  52 Week
                  ProductTodayYesterdayChangeLowHigh
                  30 Yr FRM3.98%3.99%-0.013.34%4.39%
                  15 Yr FRM3.25%3.26%-0.012.69%3.61%
                  FHA 30 Year Fixed3.65%3.70%-0.053.15%4.10%
                  Jumbo 30 Year Fixed4.25%4.26%-0.013.42%4.60%
                  5/1 Yr ARM3.05%3.06%-0.012.80%3.25%


                  Today's Top Real Estate News

                  Existing Sales Rise, Prices Peak, Time-to-Sell at New Low


                  Image result for photos of sold homes

                  By Jann Swanson
                  Mortgage News Daily

                  Existing home sales weren't expected to strengthen in May, in fact analysts were looking for a slight decline. Sales however did manage to recover from a significant April loss while inventories increased slightly and the median sales price rose to a new high.

                  The National Association of Realtors® (NAR) said completed sales of existing single-family houses, townhouses, condos, and cooperative apartments rose 1.1 percent to a seasonally adjusted annual rate of 5.62 million.  This was a 2.7 percent year-over-year gain.

                  April's sales had tumbled by 2.3 percent compared to the previous month.  Those sales were revised lower still, from the original rate of 5.570 million to 5.560 million. 
                  Analysts polled by Econoday had expected sales to be in the annual range of 5.450 million to 5.650 million.  The consensus was in the exact middle at 5.550 million.

                  Single-family home sales rose 1.0 percent to a seasonally adjusted annual rate of 4.98 million from 4.93 million in April, and were 2.7 percent above the 4.85 million pace a year earlier. Condo and co-op sales posted a 1.6 percent increase from April to an annual rate of 640,000 units, up 3.2 percent on an annual basis.

                  Lawrence Yun, NAR chief economist, commented on the positive May numbers, saying that buyers were able to overcome increasingly challenging market conditions in many areas. "The job market in most of the country is healthy and the recent downward trend in mortgage rates continues to keep buyer interest at a robust level," he said. "Those able to close on a home last month are probably feeling both happy and relieved. Listings in the affordable price range are scarce, homes are coming off the market at an extremely fast pace and the prevalence of multiple offers in some markets are pushing prices higher."

                  The median existing-home price in May was $252,800, a new peak, and a 5.8 percent gain from last May's median of $238,900. It was the 63rd straight month of annual increases.  

                  The median existing single-family home price was 6.0 percent higher than a year earlier at $254,600 while the median condo price increased 4.8 percent to $238,700.

                  "Home prices keep chugging along at a pace that is not sustainable in the long run," added Yun. "Current demand levels indicate sales should be stronger, but it's clear some would-be buyers are having to delay or postpone their home search because low supply is leading to worsening affordability conditions."

                  There was a slight improvement in the listings inventory with 1.96 million homes available for sale.  This is an increase of 2.1 percent from April, but is still 8.4 percent lower than a year ago, the 24th month the inventory has shrunk on an annual basis.  The inventory is estimated at a 4.2-month supply at the current pace of sales, down from 4.7 months in May 2016.

                  The tight supply led to the shortest marketing timeframe in the six years NAR has tracked that data. Properties typically stayed on the market for 27 days in May, down from 29 days in April and 32 days a year ago.  Short sales were on the market the longest at a median of 94 days in May, while foreclosures sold in 48 days and non-distressed homes took 27 days. Fifty-five percent of homes sold in May were on the market for less than a month, a new high.

                  NAR said several markets had even a short sales period with homes in the Seattle-Tacoma-Bellevue metro taking a median of 20 days to sell, and the San Francisco and San Jose Markets 24 and 25 days respectively. "With new and existing supply failing to catch up with demand, several markets this summer will continue to see homes going under contract at this remarkably fast pace of under a month," said Yun.

                  The percentage of first-time buyers is not improving.  They accounted for a 33 percent share of sales in May, 1 percentage point lower than in April. NAR said the average share for all of 2016 was 35 percent. Individual investors purchased 16 percent of homes sold during the month and 64 percent of them paid cash.  Twenty-two percent of transactions were all cash in May.

                  Foreclosures accounted for 4 percent of May sales and 1 percent were short sales. The total of distressed sales was down 1 percentage point from May 2016 and unchanged from April. Foreclosures sold for an average discount of 20 percent below market value in May (18 percent in April), while short sales were discounted 16 percent (12 percent in April).

                  Existing-home sales in the Northeast jumped 6.8 percent to an annual rate of 780,000, and are now 2.6 percent higher than a year ago. The median price in the Northeast was $281,300, a 4.7 percent annual increase.  

                  Sales dropped 5.9 percent in the Midwest, to an annual rate of 1.28 million, a sales pace 0.8 percent lower than a year ago. The median price in the Midwest was $203,900, up 7.3 percent from the previous May.

                  There was a month-over-month increase of 2.2 percent in the South's existing home sales, to an annual rate of 2.34 million, a 4.5 percent annual gain. The median price rose 5.3 percent to $221,900.

                  The West saw sales rise 3.4 percent from both April and the previous May to an annual rate of 1.22 million. The median price was $368,800, up 6.9 percent year-over-year.


                  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