Tuesday, July 4, 2017


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

#1      834 Fifth Avenue #7-8A, New York, NY 10065 with 7 bedrooms, 10 baths 
and 12,000 sq.ft. is listed for sale at $96,000,000.

A once in a lifetime opportunity to live in the largest existing original apartment on Fifth Avenue. Situated on the 7th and 8th floors, this magnificent front corner duplex boasts 20 rooms of unparalleled grandeur and scale. This is the largest unit in Fifth Avenue's premier and most pedigreed building. It consists of 12,000 + - square feet, with 100 feet facing Central Park above the trees and with magnificent views to Central Park West and south to the Empire State Building, and open Eastern Exposures.It is flooded with sun and light from all directions.Decorated by Henri Samuel, one of the foremost interior designers of France, with no expense spared to create an architectural masterpiece.
Designed by renowned Manhattan architect Rosario Candela, 834 Fifth Avenue was built in 1931 and is considered to be one of his finest works. The 14-story limestone clad building consists of just 24 apartments. This legendary cooperative offers residents the highest level of service and privacy. This spectacular residence ranks as one of Rosario Candela's true architectural masterpieces. This sprawling residence features a graceful layout with beautiful hardwood flooring, soaring ceilings and classic original moldings. The first level of this home features a palatial entrance gallery which leads into the Central Park facing lower library and dining room. A grand staircase leads to the upper level living room which includes two fireplaces. Beyond is a gorgeous Library lined with magnificent 17th Century leather walls. The owner's private quarters includes a master bedroom with an accompanying sitting room and fireplace, an original 1930's marbled and mirrored full bathroom and a dressing room with an additional adjacent full bath. 







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      1466 Bienveneda Avenue, Pacific Palisades, CA 90272 with 6 bedrooms, 
7 baths, and 10,632 sq.ft. is listed for sale at $9,985,000.



Extensively rebuilt in 2005 with architectural design by William Hefner and interiors by Kazuko Hoshino, this Mediterranean home in guard-gated Ridgeview Country Estates boasts a 10,632 square foot home with high-end finishes that include handmade and custom designed ironwork, mosaic tile, imported stone and rich wood floors. The great room features coffered ceilings and a beautiful antique fireplace. Other amenities include a spectacular gourmet kitchen with dining and sitting area, wine room, entertainer's bar, huge third-floor bonus room and a guest suite with kitchenette.  Outdoor barbecue area and living room and expansive lawn with playground complete this exclusive offering.











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      4949 East Valley Vista Lane, Paradise Valley, AZ 85253 with 5 bedrooms, 6 baths and 8,807 sq.ft. is listed for sale at $2,895,000.



This stunning estate home sits on a cul-de-sac and offers amazing Camelback Mountain views!  It features 5 bedrooms all with en-suite baths, home theatre, wine room, study/library and game room. Master Suite with sitting area, his/her walk in closets and steam shower. Attached Guest House with Bedroom, Bath and Kitchen. Minutes for Montelucia Resort & Sanctuary Resort

















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      6682 Las Arboledas, Rancho Santa Fe, CA 92067 with 8 bedrooms, 11 baths
and 14,503 sq.ft. is listed for sale at $8,395,000.



On a vibrant hillside overlooking Rancho Santa Fe resides an Architectural Gem located in the prestigious gated community of Rancho Del Lago. This palatial mansion is situated on a sprawling 5.2 acres of land. Luxuriously outfitted with coffered ceilings, wine cellar, private gym,2 guest homes, theater state of the art theater, elegant bar, private sauna, executive office and floor to ceiling expanses of glass this inviting retreat is truly a TOP OF THE WORLD EXPERIENCE.



















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 medium home value in Saratoga is $2,453,600.  Saratoga home values have gone up 2.8% this 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       3941 Happy Valley Road, Lafayette, CA 94549 with 2 bedrooms, 5 baths 
and 8,064 sq.ft. is listed for sale at $13,500,000.



Breathtaking Resort Home with Orchard Lot-and Opportunity for More. Built by the owners of the adjacent 13,757 sf estate on 3.6 acres with guest cottage - which can be purchased to maintain the existing compound-this masterfully designed home anchors a stand-alone residential, recreational & entertainment paradise with dramatic pool & 2 spas, theatre, tennis/sport court & batting cage. 8064 sf of living space functions beautifully for an active family lifestyle, while providing a resort-like atmosphere for relaxation, fitness, play & entertainment. Wired & plumbed for an additional 3 bedrooms/3 baths. A level, usable 0.98 Orchard Lot offers Bocce Ball court, putting green & exceptional gardens. Just minutes from highly acclaimed schools. Near San Francisco & Silicon Valley. 











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% within the next year.

#1       29804 23rd Avenue SW, Federal Way, WA 98023 with 6 bedrooms, 6 baths, 
and 6,646 sq.ft. is listed for sale at $3,195,000.


Panoramic views to remember! Perched on 139 ft of waterfront, enjoy the breathtaking view of the Sound while gazing at the city of Seattle skyline, Vashon Island, and majestic mountains. Step onto your vast balcony & immerse yourself in watching whales & eagles or indulge in a movie in your private surround sound theater room. Home boasts 3 master suites, one on each floor, almost every room has unobstructed water views. Luxurious, contemporary, quality finishes. A cherished estate for generations to come. Come see why this is THE ONE!







Today's Top Real Estate News

8 Cities Americans are moving to now


By Karsten Strauss 
Forbes

Image result for conroe, texas
Conroe is a suburban city 40 miles north of Houston in the gulf coastal plains/piney woods region of southeast Texas.



People move around. They always have and always will. Whether they are chasing jobs, seeking to be closer to friends and family, pursuing an education or simply looking for a change of scenery; people pack up their things and shift their lives to new places.

To get a sense of the places in the United States where folks are moving to, we took a look at a report that was put forward last month by Realtor.com, a property-search and real estate information company owned by Move, Inc. — a subsidiary of News Corp. The report, which relies on data from the U.S. Census Bureau, shows which cities in the U.S. that have more than 50,000 are growing the fastest.

One of the trends apparent in the report is that many of the cities that are growing quickly are those that exist in the orbit of larger metropolitan areas.Why is this happening? According to Realtor.com, there is greater availability of residential land and lower real estate costs in those places. Cities can be exciting, dynamic places to be, but being close to the action and jobs can mean higher costs of living in the form of rent and property taxes. Moving to the suburbs allows people to buy more space for less money.
Also, according to the Realtor.com’s analysis, companies are moving to places with lower taxes and more agreeable costs of living, which is one of the reasons why eight of the top 10 cities are in the South, where there is more land on which to build homes.

According to a report published last month from Realtor.com, using recently released Census Bureau data, these are the cities with more than 50,000 people that have experienced the largest percentage increase in population between 2015 and 2016. The results show surges in suburbs of larger cities, many of them in southern states.

In first place on the list of fast-growing cities is Conroe, Texas (note: five of the top 10 cities are in Texas). That small city — which has just over 82,000 residents – saw a population surge of 7.8% between 2015 and 2016, which is quite a jump for a single year. The city is essentially a large satellite community of Houston, about 40 miles to the south.

In second place we find Frisco, Texas — a town of some 165,000 people located less than 30 miles north of Dallas.  In the 2015 to 2016 time frame, the city grew by 6.2%.

In third place is yet another small city in the Lone Star State: McKinney, Texas. The city, which has about 168,000 residents, is located just north of Dallas — to the aforementioned Frisco. Between 2015 and 2016 the town grew by 5.9%.

Here is the list of 8:
Image result for conroe, texas



Image result for Frisco, Texas


Image result for mckinney, texas


Image result for Greenville, South Carolina


Image result for 5. Georgetown, Texas


Image result for bend oregon


Image result for Buckeye, Arizona


Image result for Bonita Springs City


Today's Mortgage Rates
Worst 5 Days For Rates Since The Election
Jul 3 2017, 1:42PM

Mortgage rates continue rising at an uncomfortable pace for anyone in the market to buy or refinance.  Today was the 5th straight day of quicker-than-average movement higher and it leaves the average lender at the highest levels in nearly 2 months.  
Whether or not this is as dramatic as it sounds depends on your perspective.  While it's true that the past 5 days have been the worst since the US presidential election, it's also true that interest rates are just over an eighth of a point higher during that time.  An eighth of a point (.125%) will cost you about 14 bucks a month on a $200k loan.  Alternatively, it would cost you $1200-$1600 in cash to get the rate back down to levels from 5 days ago on the same loan amount.  

For years, lenders have capitalized on the psychology of "monthly payments."  $14/mo doesn't sound like too much when it comes to a $200k home loan.  But consider going out of town for a week and coming back to find your closing costs roughly $1400 higher simply to keep the same quote you had last week.  For most, the $1400 upfront cost is the more effective way to communicate the true change in cost.

Bond markets and mortgage lenders will be closed tomorrow for the Independence Day Holiday.  The safest strategy is to assume the current weakness will continue until we see a definitive bounce.  

ProductTodayYesterdayChangeLowHigh
30 Yr FRM4.11%4.07%+0.043.34%4.39%
15 Yr FRM3.37%3.32%+0.052.69%3.61%
FHA 30 Year Fixed3.75%3.75%--3.15%4.10%
Jumbo 30 Year Fixed4.38%4.33%+0.053.42%4.60%
5/1 Yr ARM3.18%3.16%+0.022.80%3.25%
Updated: 7/3/17 12:24 PM

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