Wednesday, July 26, 2017


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

#1       9425 Sunset Blvd., Beverly Hills, CA 90210 with 9 bedrooms, 14 baths 
and 12,100 sq.ft. is listed for sale at $49,000,000.
An impressive tree-lined private driveway leads to a French country estate in prime A+ location in the heart of Beverly Hills. Nine bedrooms, ten full bathrooms, four half bathrooms, on 1.14 flat acres. Main home plus two separate detached guest houses, 60 foot long resort style pool and spa, north/south facing tennis court, 15 seat home theater, surround sound systems in four additional television viewing areas, state-of-the-art fitness center, seven fireplaces, full professional bar, staff quarters. No expense was spared in this automated smart home with designer kitchen plus secondary kitchen. The extensive remodel includes handmade custom milled cabinetry with the finest details of true old-world craftsmanship blended with modern day conveniences. This turnkey estate comes loaded with every detail thought through. 


















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 6.8% over the past year, Zillow predicts hey will increase 1.5% 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 increase 0.6%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 increase 0.9% 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  (-0.2) 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 increase 1.3%  within the next year. 

#1       32802 Pacific Coast Highway, Malibu, CA 90265 with 3 bedrooms, 5 baths 
and 3,492 sq.ft. is listed for sale at $10,950,000.

A modern oceanfront home located on Encinal Bluffs with its own private beach oasis. This immaculate two-story custom designed solar home features chef's kitchen with sleek modern automated glass fronted cabinets and glass counters. The one of a kind flooring accentuates the open living space, seamlessly leading you beyond the disappearing glass doors, where ocean views and pool await; perfect for the Malibu indoor/outdoor entertaining. Floor-to-ceiling sliding doors frame idyllic ocean views from the open plan master suite with spa type bathroom, deck, and automated shades. Two additional en-suite bedrooms and two-car garage complete this spectacular home.







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 increase 1.4% 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 increase 2.5% within the next year.

The median home value in Paradise Valley is $1,611,700.  %home values have gone up 1.0% over the past year. Zillow predicts they will increase 1.3% within the next year.

#1      9220 East Vereda Solona Drive, Scottsdale, AZ 85255 with 8 bedrooms, 10 baths and 9,450 sq.ft. is listed for sale at $2,990,000.
9220 E Vereda Solana Dr, Scottsdale, AZ 85255
ATTENTION CAR LOVERS!!! 10+ car fully air conditioned / heated garage, with the capacity to hold up to 22 cars, with lifts. Designed by Allen Tafoya, this sprawling estate is situated on nearly 5 gated acres in the heart of Pinnacle Peak. Gated and very private. The main living space boasts upgrades throughout, including a gourmet kitchen. Elevator brings you to the master suite with private patio! Entertainers dream with a gorgeous backyard and 360 degrees amazing views! Two separate guest houses to accommodate your guests!! Custom gym is complete with a sauna and steam shower. The negative edge pool is breathtaking and the full size tennis court / basketball court .
9220 E Vereda Solana Dr, Scottsdale, AZ 85255
9220 E Vereda Solana Dr, Scottsdale, AZ 85255
9220 E Vereda Solana Dr, Scottsdale, AZ 85255
9220 E Vereda Solana Dr, Scottsdale, AZ 85255
9220 E Vereda Solana Dr, Scottsdale, AZ 85255
9220 E Vereda Solana Dr, Scottsdale, AZ 85255
9220 E Vereda Solana Dr, Scottsdale, AZ 85255
9220 E Vereda Solana Dr, Scottsdale, AZ 85255

9220 E Vereda Solana Dr, Scottsdale, AZ 85255
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 6.5% over the past year. Zillow predicts they will remain even 4.2% 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 increase 3.3% within the next year.

The median home value in Solana Beach 92075 is $1,284,100. 
Solana Beach 92075 home values have gone up 4.9% this past year. Zillow predicts they will rise 3.7%% 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 increase 4.0% 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 -(0.7)% within the next year.

#1       6850 Avenida De La Ronda, Rancho Santa Fe, CA 92067 with 6 bedrooms, 
9 baths and 8,500 sq.ft. is listed for sale at $2,995,000.
Bright Family home infused with French Flair is graciously set on a private corner cul-de-sac lot. California chic styling with functional, comfortable interior design, and floor to ceiling walls of french doors and windows to welcome you to sunshine and space. Main level sumptuous master suite with over sized bath and sitting room, dual offices, and fabulous upstairs bonus room with 4 en-suite bedrooms. Great outdoors with natural charming gardens, cozy patio rooms & pool for entertaining inspiration.












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 5.5% over the past year.  Zillow predicts they will decrease by 1.5% within the year.

The median home value in Sausalito is $1,256,800. Sausalito home values have gone up 3.5% over the past year. Zillow predicts they will rise 2.0% within the next year. 

The median home value in Tiburon is $2,479,000. Tiburon home values 
have gone up 3.1% over the past year.   Zillow predicts they will rise increase 1.5% within the next year. 


The medium home value in Saratoga is $2,453,600.  Saratoga home values have gone up 2.8% this past year.  Zillow predicts they will increase 1.7% 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 increase 1.8% within the next year.

#1       1561 South Whitehall Lane, Saint Helena, CA 94574 with 7 bedrooms, 10 baths and 2,229 sq.ft. is listed for sale at $42,000,000.
As though rising among the St. Helena vineyards like a megalith, this unrivaled Napa Valley Modern Vineyard Estate on 20+/- acres is the rare confluence of world-class, modern architecture and design, the highest caliber construction and an enviable, ultra-private location within minutes from town.Having completing five years of planning, design and build, notable Bay Area architect Lewis Butlers vision of a modern vineyard masterpiece reveals now. Whitehall Estate is commandingly sited with views of the 14+/- sweeping, verdant acres of AVA Rutherford cabernet sauvignon grapes that surround. At 6,700sf (10,365sf under roof), this modern Residence features elements rarely found in new homes: imbued infrastructure commensurate for a hotel or subdivision, and a steel-suspended, floating system for showcasing a wine collection. Large glass walls slide open to create seamless indoor/outdoor experiences with an only-in-California, Mid-Century ambiance of spaciousness and light. At the centermost core of the Residence is an oversized 21st century Chefs kitchen and a butlers kitchen. The sun-drenched, outdoor pavilion features an open-air Kitchen and an infinity-edge swimming pool and spa.The over-sized Master suite encompasses a spa-like bath, a voluminous walk-in closet and a private office or yoga/meditation room.An adjacent Spa House of 776sf (1,400sf under roof) is flexible for use as an art space or yoga/fitness studio. Visiting guests, family or personal staff will luxuriate in the 2,250sf (3,000sf under roof), three-bedroom Guest House.The Whitehall vineyard, in its third leaf, will soon enjoy its first harvest enabling the new owner to consider creating a private label Cabernet Sauvignon wine. The Whitehall winery license has been approved for a 10,000 gallon per year production facility. 










Today's Top Seattle Luxury Estate

Image result for Seattle 
The median home value in Kirkland is $665,900.  Kirkland home values have gone up 17.8% over the past year.  Zillow predicts they will rise 8.0% 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 7.3% 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 7.4% 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 6.7% 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 6.8% 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 7.0% within the next year.

#1       2821 2nd Avenue #2301, Seattle, WA 98121 with 3 bedrooms, 5 baths 
and 5,732 sq.ft. is relisted for sale at $13,800,000.

                  ,.

This exquisite penthouse is back on the market with  more than 5700 sq ft of living space spread between 2 floors. It was created as a collaboration between designer Gregory Carmichael and architect Rick Sundberg. Designed to function as an ingenious framework for unparalleled views of Seattle and its natural surroundings, the residence is meticulously constructed from a sophisticated palette of exotic hardwoods, artisan metals and natural stone surfaces and is offered with a full suite of bespoke furnishings.


2821 2nd Ave APT 2301, Seattle, WA 98121 -  $13,800,000


2821 2nd Ave APT 2301, Seattle, WA 98121 -  $13,800,000

2821 2nd Ave APT 2301, Seattle, WA 98121 -  $13,800,000




Today's Top Real Estate News   

Home prices hit record high for sixth straight month.

By Christopher S, Rygaber
AP

Image result for sold sign on home photo

U.S. home prices reached a new high in May for the sixth straight month, raising fears of another housing bubble roughly a decade after a previous one burst.

The Standard & Poor's CoreLogic national home price index, released Tuesday, increased 5.6 percent in May, the latest data available. It is now 3.2 percent higher than its July 2006 peak.

Some analysts downplay the notion of a new bubble, and the unrelenting price increases may already be cooling sales. Other aspects of the last decade's housing boom and bust, such as rapid sales increases and surging home building, aren't happening now.

"Price increases vary across the country, unlike the earlier period when rising prices were almost universal," David Blitzer, chairman of the Index Committee at S&P, said.

A separate price index maintained by the National Association of Realtors is also rising steadily, though it remains about 9 percent below its 2006 peak. The S&P CoreLogic index tracks the same houses over time and is generally considered a better gauge of price changes, while the NAR's measure is affected by the proportion of higher-priced or lower-priced homes on the market.

Much of the price gain is being driven by Seattle; Portland, Oregon; and San Francisco. All three cities have strong population growth and more rental properties than other U.S. cities, S&P says.
In San Francisco, just 36 percent of homes are owner-occupied, while in Seattle the figure is 46 percent and in Portland, 52 percent. All are below the national average of 64 percent.

From 2010 through 2016, the U.S. population has grown 4.7 percent, S&P says. In San Francisco it has grown 8.2 percent, in Portland by 9.6 percent and Seattle, 15.7 percent.

Nationwide, the number of homes for sale has fallen on an annual basis for the past 25 months. There were 1.96 million homes for sale in June, down 7.1 percent from a year earlier. Rising prices and a limited supply are starting to thwart would-be buyers. Existing home sales slipped 1.8 percent in June, the realtors' group said Monday, and are nearly flat from a year earlier.

Even with the decline in sales, there are plenty of interested buyers. The drop in total listings mostly reflects soaring demand, according to real estate data provider Zillow.

The number of homes listed each month has been stable for most of the past five years. About 560,000 homes were put on the market in June, about the same as were listed in June 2016 and June 2015.  But would-be buyers are snapping up homes much faster. According to the Realtors, the typical home is sold in just 28 days, down from 34 days a year ago.

"Sooner or later something will have to give," Svenja Gudell, chief economist at Zillow, said,
"Demand will fade, builders will begin delivering more new homes and/or more sellers will start coming out of the woodwork. But for the time being, expect this strong sellers' market to continue."

Today's Mortgage Rates
Mortgage Rates Spike, Erasing Last Week's Gains
Jul 25 2017, 3:18PM

Mortgage rates moved abruptly higher today, erasing the improvement seen last week.  An entire week's worth of movement may or may not be worth stressing out about depending on your perspective.  On one hand, we're only talking about a change of roughly 0.06% in terms of the "effective rate" on the average 30yr fixed loan.  That'll cost you about $7/month on a $200k loan.  

On the other hand, last week was the best in more than 2 months.  While erasing those gains might not be dramatic in terms of outright financial impact, it could signal a shift in the overall trend. 

There are 2 trends to consider at the moment.  The first only stretches back to early July, and that's the one that's clearly under attack.  The other trend is one of general improvement since March 2017, and we'd need to see several days like today before questioning that one.

In general, we were already a little concerned that rates seemed hesitant to break below last week's floors.  Those floors are moving targets in terms of mortgage rates, depending on the lender, but they correspond with 2.22% in terms of 10yr Treasury yields.  
Tomorrow's potential volatility is centered on the afternoon hours with a Treasury auction at 1pm and the Fed Announcement at 2pm Eastern time.

52 Week
ProductTodayYesterdayChangeLowHigh
30 Yr FRM4.06%4.00%+0.063.37%4.39%
15 Yr FRM3.35%3.29%+0.062.72%3.61%
FHA 30 Year Fixed3.75%3.65%+0.103.15%4.10%
Jumbo 30 Year Fixed4.35%4.28%+0.073.47%4.60%
5/1 Yr ARM3.22%3.19%+0.032.80%3.25%
Updated: 7/25/17 2:14 P

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