Wednesday, June 7, 2017


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


#1     86 Linda Isle, Newport Beach, CA 92660 with 4 bedrooms, 5 baths, 
and 6,788 sq.ft. is listed for sale at $28,000,000.  This estate is what 
California dreaming is all about!  Live the life of the rich and famous.
86 Linda, Newport Beach, CA
One of the most impressive properties on Newport Harbor, this exquisite new Linda Isle residence takes in panoramic views of the main turning basin from throughout. Featuring 113' on the water, this is one of the largest parcels on the bay. The inviting contemporary design, sheathed in metal and glass, is an impressive architectural achievement. A two-story, glass-walled entry gallery provides a dramatic introduction to the home. Inside, approximately 7,000 square feet of sophisticated and refined interiors were recently completed by renown designer Jan Turner Hering. Situated on the water, a spacious living room, dining room, entertaining kitchen, and private study open through retracting walls of glass to the expansive waterside terraces. Two family rooms (one on each floor) overlook the idyllic courtyard pool and spa. The generously proportioned master suite includes a gallery, view terrace, sitting area, fireplace, and expansive bath and dressing spaces. Three additional bedroom suites feature water and garden views. A private dock for a boat up to 60' (expandable to 100'+), 3 car garage, elevator, and home automation system complete the offering. Presented in impeccable condition, this is a rare opportunity to acquire one of Newport's finest homes. 

86 Linda, Newport Beach, CA

86 Linda, Newport Beach, CA

86 Linda, Newport Beach, CA

86 Linda, Newport Beach, CA

86 Linda, Newport Beach, CA

86 Linda, Newport Beach, CA

86 Linda, Newport Beach, CA

86 Linda, Newport Beach, CA

Today's Top LA Luxury Estate 


The median home value in Los Angeles County is $563,400. Los Angeles County home values have gone up 6.7% over the past year, Zillow predicts they will rise 0.8% within the next year.

The median home value in Brentwood, 90049 is $2,447,100. Brentwood home values have gone up 3.5% over the past year.  Zillow predicts they will rise 0.4% within the next year

The median home value in Malibu is $2,866,300.  Malibu home values have gone up 4.3% over the past year.  Zillow predicts they will rise 0.2% within the year.

The median home value in Bel Air, 90077 is $3,228,900  Bel  Air home values have gone down -(1.0%)  over the past year.  Zillow predicts they will go down  -(1.1)% within the next year.

The median home value in Beverly Hills 90210 is $4,850,400.  Beverly Hills home values have gone up 1.3% over the past year.  Zillow predicts they will rise 0.6% with the next year.

#1     661 Doheny Road, Beverly Hills, CA 90210 with 5 bedrooms, 7 baths, and 
7,618 sq.ft. is listed for sale at $19,995,000.  Here is your chance to experience the ultimate Hollywood lifestyle!



Tucked behind gates on over an acre of lush grounds, this exquisite modern estate with a rich Hollywood history claims a prized double lot in one of Beverly Hills' most coveted neighborhoods. Perched atop a hillside, the main residence features generous, light-filled living spaces, including an expansive family/media room with a bar, fireplace, and temperature-controlled wine room; chef's kitchen; sun room; formal dining room; staff quarters and an elevator. The second story holds a voluminous master suite with dual bathrooms and walk-in closets, an adjoining office and gym, and French doors to a private terrace, as well as two en-suite guest rooms. Primed for entertaining, the sprawling verdant grounds create an oasis that boasts a pool and spa with a bath, water and fire features, as well as a fully-hedged and lighted tennis court. A guest house, 3-car auto gallery, expansive motor court with parking for 25 cars and a security and Smart Home system complete this phenomenal estate. 









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 $418,700. Scottsdale home values have gone up 2.6% over the past year. Zillow predicts they will rise 0.4% withiin the next year. 

The median home value in Carefree is $746,800. Carefree home values have gone up 

3.6% over the past year.  Zillow predicts they will rise 1.3% within the next year.

The median home value in Paradise Valley is $1,604,200.  Paradise home values have gone up 1.3% over the past year. Zillow predicts they will rise 0.0% within the next year.

#1     8390 E Coronado Trial, Carefree, AZ 85377 with 5 bedrooms, 5 baths, and 4,387 sq.ft. is listed for sale at $2,490,000.  Where the West was won...this is a place to ride off into the sunset!'

8390 E Coronado Trl, Carefree, AZ 85377

The most magnificent hilltop estate in Carefree on 9.8 saguaro studded acres with panoramic views! A masterpiece of extraordinary details, upgrades and elegant design features. Traditional great room floorplan offers both formal and casual gathering places. Indoor/outdoor living at its finest, with an infinity pool, spa, outdoor kitchen and fireplace with spacious wrap around cov'd patios. Chef's kitchen is a dream! Dual island design with custom cabinetry, professional grade s/s appliances, butler's bar, sunny breakfast room, all open to large grt room with stacked stone fireplace. Plus a formal dining rm, lvg rm with walls of glass. Guest wing has 2 Bed/ 2 Bath plus den and kitchenette. Amazing Master with his/her baths, fireplace, sitting rm, huge custom walk-in closet. Privacy & beauty! 

8390 E Coronado Trl, Carefree, AZ 85377

8390 E Coronado Trl, Carefree, AZ 85377

8390 E Coronado Trl, Carefree, AZ 85377

8390 E Coronado Trl, Carefree, AZ 85377

8390 E Coronado Trl, Carefree, AZ 85377

8390 E Coronado Trl, Carefree, AZ 85377

8390 E Coronado Trl, Carefree, AZ 85377
Today's Top San Diego Luxury Estate 


The median home value in San Diego County is $537,200. 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 $1,466,000. La Jolla, 92037 home values have gone up 2.2% this past year.  Zillow predicts they will rise 1.8% within the next year.

The median home value in Solana Beach 92075 is $1,278,200. 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 $1,620,400 Del Mar home values have gone up 5.7% over the past year.  Zillow predicts they will rise 2.8% within the next year.


The median home value in Rancho Santa Fe is $2,560,200. Rancho Santa Fe home values have declined -(4.1)% over the past year and Zillow predicts they will decline -(0.7)% within the next year

.#1     1350 S Coast Highyway, Encinitas, CA 92094 with 4 bedrooms, 6 baths, and 3,962 sq.ft. is listed for sale at $5,999,000.  This is the classic beach house you always have wanted!

1350 S Coast Highway 101, Encinitas, CA 92024

Custom Old World California ocean front masterpiece literally steps away from the world famous Swami’s beach. Watch the sunset over the Pacific every night and have your toes in the sand every day minutes after stepping out your front door. Live here and you’ll feel like you’re on vacation every day, at the finest resort.   

1350 S Coast Highway 101, Encinitas, CA 92024

1350 S Coast Highway 101, Encinitas, CA 92024

1350 S Coast Highway 101, Encinitas, CA 92024

1350 S Coast Highway 101, Encinitas, CA 92024

1350 S Coast Highway 101, Encinitas, CA 92024

1350 S Coast Highway 101, Encinitas, CA 92024

1350 S Coast Highway 101, Encinitas, CA 92024

 Today's Top San Francisco Luxury Estate

Image result for San Francisco skyline pictures

The median home value in San Francisco is $1,189,100. San Francisco home values have gone up 4.0% over the past year.  Zillow predicts they will decrease by 1.0% within the next year.


The median home value in Sausalito is $1,254,300. 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 $2,500,600. Tiburon home values have gone up 2.9% over the past year.   Zillow predicts they will rise 1.1% within the next year. 

The median home value in Saratoga is $2,428,700. Saratoga home values have gone up 1.1% over the past year.  Zillow predicts they will rise 1.0% within the next year. 

The median home value in Atherton is $6,145,500. Atherton home values have gone up 2.9% over the past year and Zillow predicts they will rise 0.8% within the next year.

#1     10 Winding Lane, Orinda, CA 94563 with 6 bedrooms, 10 baths, and 23,422 sq.ft. is listed for sale at $16,500,000. If bigger is better, here it is!

10 Winding Ln, Orinda, CA 94563

A setting like no other. A tasteful estate situated up a winding lane of 8.6 acres. Three main structures of 23,422 sq. ft. provide luxurious refined custom features + unmatched custom 'on-site' quality. Main Residence - Carriage House - Sports Complex. Handcrafted features well beyond the norm with attention to detail and creative artists eye of style and design integrity. Exceptional living in Orinda's finest estate enclave.

10 Winding Ln, Orinda, CA 94563

10 Winding Ln, Orinda, CA 94563

10 Winding Ln, Orinda, CA 94563

10 Winding Ln, Orinda, CA 94563

10 Winding Ln, Orinda, CA 94563

10 Winding Ln, Orinda, CA 94563

10 Winding Ln, Orinda, CA 94563

10 Winding Ln, Orinda, CA 94563

10 Winding Ln, Orinda, CA 94563

10 Winding Ln, Orinda, CA 94563

10 Winding Ln, Orinda, CA 94563

Today's Top Seattle Luxury Estate

Image result for Seattle 
The median home value in King County is $551,000. King County home values have gone up 13.6% over the past year.  Zillow predicts they will rise 5.6% within the next year.

The median home value in Kirkland is $646,900.  Kirkland home values have gone up 16.1% over the past year.  Zillow predicts they will rise 6.1% within the next year.

The median home value in Seattle is $653,400. Seattle home values have gone up 12.9% over the past year. Zillow predicts they will rise 5.5% within the next year.

The median home value in Bellevue is $800,800. Bellevue home values have gone up 14.4% over the past year. Zillow predicts they will rise 5.7% within the next year. 

The median home value in Mercer Island, WA is $1,378,300, Mercer island home values 
have gone up 9.4% over the past year.  Zillow predicts they will rise 5.3% with the next year.

The median home value in Clyde Hill is $2,345,400. Clyde Hill home values have gone up 10.9% over the past year. Zillow predicts they will rise 4.9% within the next year.

The median home value in Medina is $2,454,700. Medina home values have gone up 10.8% over the past year and Zillow predicts they will rise 5.1% within the next year.

#1     4731 Forest Avenue SE, Mercer Island, WA 98040 with 5 bedrooms, 5 baths, and 6,080 sq.ft. is listed for sale at $7,890,000.  Experience the ultimate life on the water!


Sublime Gold Coast Waterfront centered to enjoy all that life has to offer.100' of prime western waterfront with over a half acre site running street to lake. Richly honed details in the main home, plus a fully equipped MIL above the 3 car garage. Subtle, playful and designed to linger from the oversized deck to the lush lawn & dock at the waters edge. The Seattle skyline, Olympic mountains & Lake Washington all vie for your attention, but make for even more magic when sunset hits.









Today's Mortgage Rates                                                                                      
Mortgage Rates Unexpectedly Fall to 2017 Lows (Again)

Mortgage rates unexpectedly fell to new 7-month lows today, following bond market gains in the overnight hours (Asian and European trading sessions).  Interest rates are driven by bond markets.  The latter is part of an ecosystem of "risk" associated with the entire financial market.  At times, most of that broader market will collectively move toward or away from risk.  When investors are shedding risk, bonds (and thus, mortgage rates) tend to benefit.  Adding to the bigger-picture move was a headline regarding China's intention to buy more US bonds.  Higher demand for bonds results in higher prices (which move inversely from rates).

                                                                                                                       52 Week

ProductTodayYesterdayChangeLowHigh
30 Yr FRM3.97%4.00%-0.033.34%4.39%
15 Yr FRM3.23%3.25%-0.022.69%3.61%
FHA 30 Year Fixed3.65%3.75%-0.103.15%4.10%
Jumbo 30 Year Fixed4.25%4.29%-0.043.42%4.60%
5/1 Yr ARM3.02%3.05%-0.032.80%3.25%
Updated: 6/6/17 2:52 PM

Today's Top Real Estate News
"Bidding Frenzy" Drives Prices Higher

By Jann Swanson
Mortgage News Daily

Home price increases moderated slightly in April, at least as measured by the CoreLogic Home Price Index (HPI).  The company announced an increase of 6.9 percent compared prices in April 2016, falling off a bit from the year-over-year appreciation rate of 7.1 percent in March.    Over the first four months of the year CoreLogic's HPI has averaged annual increases of 6.98 percent.



Prices continued to soar in Washington State, up 12 percent on an annual basis.  Utah replaced Oregon in second position with a gain of 10.1 percent and Oregon prices rose 9.1 percent.  Only two states experienced price declines, Wyoming and Delaware at 3.9 percent and 0.2 percent respectively.

Home prices nationwide, including distressed sales, were up 1.6 percent from the March level, tying an identical increase from February to March for the largest gain since April 2016.

CoreLogic is forecasting that prices will increase by 5.1 percent from April 2017 to April 2018.  The company's forward-looking HPI uses state-level forecasts based on its current HPI and other economic variables.  The company also forecasts that prices will rise by 0.7 percent between April and May.

"Mortgage rates in April dipped back to their lowest level since November of last year, spurring home-buying activity," said Dr. Frank Nothaft, chief economist for CoreLogic. "In some metro areas, there has been a bidding frenzy as multiple contracts are placed on a single home. This has led home-price growth to outpace rent gains. Nationally, home prices were up 6.9 percent over the last year, while rent growth for single-family rental homes recorded a 3 percent rise through April, according to the CoreLogic Single-Family Rental Index."

"Interest rates on fixed-rate mortgages are down by one-fourth of a percentage point since mid-March, just in time to support the spring home-buying season," said Frank Martell, president and CEO of CoreLogic. "Some metro areas have low for-sale inventory, short time-on-market trends and homes that sell above the list price. Geographically, gains were strongest in the West with Washington and Utah posting double-digit gains."
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