Wednesday, July 5, 2017


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

#1      3801 Mclain Flats Road, Aspen. CO 81611 with 7 bedrooms, 9 baths, 
and 13,000 sq.ft. is listed for sale at $36,000,000.


First time ever on the market, this is one of Aspen's finest estates. Located just 2.5 miles from Aspen's downtown core this 13,000 square foot residence sits on 83 acres. Built in 2009, this design is as classy and comfortable as they come. Coming from Aspen, this property begins just as you cross the Roaring Fork river and Rio Grande bike trail. Upon entering the private motor court your mountain paradise begins. Enter through the great room and walk out to the swimming pool and hot tub to take in the enormous views of Aspen's entire upper valley including views unique only to this property and the Sunnyside Trail. Built by Bill Harriman Construction, the details are amazing. There are 6 bedrooms, in the main house and one in the guest house.



















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       457 Cuesta Way, Bel Air, CA 90077 with 6 bedrooms, 7 baths
 and 7,457 sq.ft. is listed for sale at $17,995,000 plus cost of remodel or rebuild.





Amazing prime A+ Bel Air location, by the East Gate entrance and 400 Block of Bel Air Road. Located in a neighborhood of 100 million dollar homes, this property offers tremendous potential for development or remodel to create your own magnificent estate. Set on a huge 1.3 acre lot, down a long private driveway with sweeping views from Downtown to Century City. The current property is a six bedroom contemporary home with a two-story entry leading to public rooms. Disappearing walls open to the terrace, with panoramic city views and large grassy lawn. There are plans for an approximately 25,000 sq.ft. major trophy residence with a main driveway from Bel Air Road that are currently in plan check. Seller also has plans for a large remodel expansion. One of the few major properties situated on a knoll with park-like and panoramic views, mature landscaping and total privacy. A seldom offered, trophy estate opportunity in old Bel Air's most prestigious Lower East-Gate enclave. Photos shown are renderings. 




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       19225 North 98th Place #3657, Scottsdale, AZ 852555 with 5 bedrooms, 
7 baths and 6,535 sq.ft. is listed for sale at $3,175,000.



Serene and sophisticated, this Spanish Colonial Revival in Silverleaf Arcadia exudes perfection. Featured on the cover of Phoenix Home & Garden Magazine, this home wraps you in warm, neutral colors & exquisite natural finishes. It's architecture includes: 24' Ceilings, French Oak Floors, Custom Chandeliers, Indoor/Outdoor Wooden beams, Cantera window sills and door surrounds, natural light, large upstairs bonus room w/ balconies to view mountain and city lights, large bdrms w/ ensuite baths, custom built-ins in study & bdrms and huge accordion doors. Retreat in the large private pool, spa, Huge Ramada, & large backyard. The spacious kitchen features, Large Carrera Countertop & Backsplashes, WOLF, Sub-Zero and Asko appliances. SmartHome Automation controls lighting, HVAC, Security, TV's, and Music










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       18179 El Brazo, Rancho Santa Fe, CA 92067 with 5 bedrooms, 5 baths                     and 4,718 sq.ft. is listed for sale at $2,495,000.
Stunning custom estate in Cielo situated down long private driveway features beautiful panoramic views all the way to the ocean. Exquisite attention to detail throughout this fine home. Enter through beautiful 10 foot tall hand carved mahogany door and see all the architectural detail this home offers. Massive wood beam ceilings and custom stone accents throughout. Travertine Versailles tile and wood floors through much of the living areas. Entry level Master bedroom makes this home live like a one story.














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      61 Wolfback Ridge Road, Sausalito, CA 94965 with 5 bedrooms, 5 baths         and 4,611 sq.ft. is listed for sale at $6,750,000.


Just 3 minutes to the Golden Gate Bridge and SF, this stunning, private, luxury home and guest house is set 1,000 feet above sea level in a wind-protected microclimate. Every room in this modern masterpiece focuses on one vast, breathtaking, panoramic vista that spans the mountain tops of 8 counties, 3 glistening Bays, Angel and Alcatraz islands, and the Bay Bridge lightshow. This streamlined Dwell Home'' recently underwent a no-expense-spared update.








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         Blakely Island, WA 98222 with 7 bedrooms, 7 baths and 6,270 sq.ft. is relisted for sale at $18,500,000


Once in a lifetime......an opportunity arises to possess a truly special, one-of-a-kind property. This 29 acre +/- estate provides supreme privacy but is conveniently located adjacent to the Blakely Island marina and airport. Although the property feels like a private island, it is connected to Blakely-proper by a private access road to the gated entry. This verdant waterfront haven features manicured gardens & grounds & pristine, old-growth acreage. 2 deep-moorage, boathouses...up to 110' yacht.









Today's Top Real Estate News

June’s Hot List: The Top 20 Housing Markets

Home prices are escalating as the real estate industry rolls through its busiest season for buying and selling, according to realtor.com®. The median list price for all housing types pushed above $250,000 for the first time ever in May, according to the National Association of REALTORS®, and realtor.com® predicts it will reach $275,000 by the end of June. 

“The housing market has now gone 24 months in a row seeing inventory drop on a yearly basis—the longest streak in over two decades,” says Javier Vivas, manager of economic research at realtor.com®. The site’s research team pinpointed the nation’s largest metro areas with the most buyer activity based on the number of listings clicked on at realtor.com® and where homes are selling the fastest.


The top-performing cities this month are:
  1. Vallejo, Calif.
  2. San Francisco
  3. Kennewick, Wash.
  4. Sacramento, Calif.
  5. Columbus, Ohio
  6. Detroit
  7. Boston
  8. Colorado Springs, Colo.
  9. San Jose, Calif.
  10. San Diego
  11. Dallas
  12. Waco, Texas
  13. Grand Rapids, Mich.
  14. Stockton, Calif.
  15. Midland, Texas
  16. Fort Wayne, Ind.
  17. Santa Rosa, Calif.
  18. Denver
  19. Yuba City, Calif.
  20. Modesto, Calif.
Source: “America’s 20 Hottest Real Estate Markets for June 2017,” realtor.com® (June 29, 2017)

Today Mortgage Rates
Worst Week For Mortgage Rates Since March
Jun 30 2017, 3:43PM

Mortgage rates moved higher for a 4th straight day to end the month of June.  In terms of upward movement, this has been the worst week for mortgage rates since early March, 2017.  Most borrowers are now seeing rates that are a full eighth of a point higher than Monday morning's levels.  While that's not even remotely close to the damage done during election week last year, an eighth of a point in 4 days is definitely on the abrupt side of historical averages.

Whereas 3.875% had been widely available on Monday morning, the most prevalently-quoted conventional 30yr fixed rate is now up to 4.0% for top tier scenarios, and 4.125% is rapidly gaining market share.  

Whereas the lock/float outlook had been calm and steady heading into this week, it quickly turned defensive as losses mounted.  There are multiple justifications for the weakness ranging from European Central Bank "taper talk" to an overabundance of trading positions in favor of lower rates earlier in the week (which makes rates susceptible to the sort of correction we're seeing now).  Assume rates can continue higher until we see a definitive ceiling take shape.  The earliest that could happen would be the end of next week.  The last corrective uptrend in rates lasted 3.5 weeks.  

52 Week
ProductTodayYesterdayChangeLowHigh
30 Yr FRM4.07%4.06%+0.013.34%4.39%
15 Yr FRM3.32%3.31%+0.012.69%3.61%
FHA 30 Year Fixed3.75%3.75%--3.15%4.10%
Jumbo 30 Year Fixed4.33%4.31%+0.023.42%4.60%
5/1 Yr ARM3.16%3.15%+0.012.80%3.25%

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