Friday, September 1, 2017


Today's Best Mansion
www.todaysbestmansionsforsale.com

It's lavish. It's huge. It's grand. It's expensive.

#1      1005 Woodland Drive, Beverly Hills, CA 90210 with 7 bedrooms, 9 baths         and 12,220 sq.ft. is now reduced by $4,000,000 to $35,999,000. 



Nestled amongst the prestigious estates north of Sunset Boulevard in Beverly Hills and hidden behind centuries-old trees, the original Warner Brothers estate represents a legendary chapter in Hollywood history. As the home of Harry Warner, the original head and founder of Warner Bros Studios, this approx. 1.25-acre landmark encompasses an elegant approx. 13,000 sq. ft. main residence and guest house which has hosted many celebrities such as Marilyn Monroe. European garden, rock-lagoon-like pool/spa, waterfalls, and tennis court.     





1005 N Woodland Dr, Beverly Hills, CA 90210

1005 N Woodland Dr, Beverly Hills, CA 90210

1005 N Woodland Dr, Beverly Hills, CA 90210

1005 N Woodland Dr, Beverly Hills, CA 90210

1005 N Woodland Dr, Beverly Hills, CA 90210

1005 N Woodland Dr, Beverly Hills, CA 90210

Today's Top LA Luxury Estate.



The median home value in Los Angeles County is $569,800. Los Angeles County home values have gone up 6.7% over the past year, Zillow predicts hey will increase 1.5% within the next year.

The median home value in Brentwood, 90049 is $2,384,700. Brentwood home values have gone up 1.3% over the past year.  Zillow predicts they will go down -0.6% within the next year

The median home value in Malibu is $2,915,000.  Malibu home values have gone up 5.9% over the past year.  Zillow predicts they will increase 0.7% within the year.

The median home value in Bel Air, 90077 is $3,253,200  Bel Air home values have gone up 3.3% over the past year.  Zillow predicts they will go down  -0.9 within the year.


The median home value in Beverly Hills 90210 is $4,910,000.  Beverly Hills home values have gone up 9.4% over the past year.  Zillow predicts they will increase 1.1% within the next year.

#1      9305 Nightingale Drive, Los Angeles, CA 90069 with 3 bedrooms, 4 baths 
and 5,932 sq.ft. is listed for sale at $13,750,000

9305 Nightingale Dr, Los Angeles, CA 90069 
World class views on Billionaire Row! Perched atop the sunset strip's most coveted bird street, Nightingale Drive, this magnificent modern has all the elements befitting this A+ location. Voluminous rooms. Custom woods and fire & water elements create a warmth rarely seen in modern architecture. A massive front door leads to high ceiling public rooms that have are perfect for art and entertaining. Floor to ceiling windows throughout open up to bring the outside in and help provide a spectacular backdrop to panoramic views of the city below. A spacious chef's kitchen opens to massive family room with a walk-in wet bar and panoramic views. Outside a fantastic infinity edged pool and spacious fire pit area rival the home's interior for entertaining possibilities. The private master bedroom and bath have their own awe-inspiring city lights views. A screening room, office and guest bedrooms round out this stunning home. 

9305 Nightingale Dr, Los Angeles, CA 90069

9305 Nightingale Dr, Los Angeles, CA 90069

9305 Nightingale Dr, Los Angeles, CA 90069

9305 Nightingale Dr, Los Angeles, CA 90069

9305 Nightingale Dr, Los Angeles, CA 90069

9305 Nightingale Dr, Los Angeles, CA 90069

9305 Nightingale Dr, Los Angeles, CA 90069

9305 Nightingale Dr, Los Angeles, CA 90069

Today's Top Phoenix Luxury Estate 

The median homevalue in Scottsdale is $423,300.Scottsdale home values have gone up 3.3% over the past year.  Zillow predicts they will increase 2.5% within the next year. 

The median home value in Carefree is $755,700. Carefree home values have gone up 5.3% over the past year.  Zillow predicts they will increase 2.9% within the next year.

The median home value in Paradise Valley is $1,612,400.  Paradise Valleyhome values have gone up 1.6% over the past year. Zillow predicts they will increase 2.2% within the next year.

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 $424,700.Scottsdale home values have gone up 3.7% over the past year.  Zillow predicts they will increase 1.9% within the next year. 

The median home value in Carefree is $754,300. Carefree home values have gone up 6.6% over the past year.  Zillow predicts they will increase 2.2% within the next year.

The median home value in Paradise Valley is $1,611,300.  Paradise Valley home values have gone up 3.0% over the past year. Zillow predicts they will increase 1.2% within the next year.

#1      7026 East McDonald Drive, Paradise Valley, AZ 85253 with 5 bedrooms, 6 baths and 5,555 sq.ft. is listed for sale at $2,995,000.

7026 E Mc Donald Dr, Paradise Valley, AZ 85253

Exquisite state of the art contemporary home WITH GUEST HOUSE. **SELLERS WILL SELL FULLY FURNISHED WITH FULL PRICE OFFER (see art exclusion)** This privately gated estate was designed by David Dick, the architectural genius behind this gorgeous home. Huge soaring ceilings, floor to ceiling windows, natural tile floors, & hand crafted light fixtures. Chef's kitchen features all Thermador appliances, 3 ovens, 6 burner range, cappuccino maker, & huge butler's pantry, perfect for entertaining. Glass door systems open to sweeping patio w/ fabulous outdoor living, two way glass fireplace, BBQ area, pool w/ large baja step for lounge chairs or children's play area, & pool bath. **Rare in PV to be just mins to ALL the restaurants & retail, & walking distance to Kiva & preschool. 

7026 E Mc Donald Dr, Paradise Valley, AZ 85253

7026 E Mc Donald Dr, Paradise Valley, AZ 85253

7026 E Mc Donald Dr, Paradise Valley, AZ 85253

7026 E Mc Donald Dr, Paradise Valley, AZ 85253

7026 E Mc Donald Dr, Paradise Valley, AZ 85253

7026 E Mc Donald Dr, Paradise Valley, AZ 85253

7026 E Mc Donald Dr, Paradise Valley, AZ 85253

7026 E Mc Donald Dr, Paradise Valley, AZ 85253

Today's Top San Diego Luxury Estate 


The median home value in San Diego County is $550,900. San Diego County home values have gone up 6.7% over the past year. Zillow predicts they will remain even 2.9% within the next year.

The median home value in Coronado is $1,510,700. Coronado home values have gone up 4.6% this past year.  Zillow predicts they will increase 1.0% within the next year.

The median home value in La Jolla, 92037 is $1,505,200.  La Jolla home values have gone up 5.6% this past year.  Zillow predicts they will increase 1.8% within the next year.

The median home value in Solana Beach 92075 is $1,2997,100. Solana  Beach home values have gone down - 0.2% this past year. Zillow predicts they will rise 2.1% within the next year.

The median home value in Del Mar 92014 is $1,607,200 Del Mar home values have gone up 1.9% over the past year.  Zillow predicts they will increase 1.2% within the next year.

The median home value in Rancho Santa Fe is $2,685,800. Rancho Santa Fe home values have increase 5.8% over the past year and Zillow predicts they will increase 0.6% within the next year.

#1       142 South Grandos Avenue, Solana Beach, CA  92075 with 4 bedrooms, 6 baths and 4,209 sq.ft. is listed for sale at $3,400,000.

142 S Granados Ave, Solana Beach, CA 92075

Experience luxurious living in this coastal custom home! Boasting a beautiful master suite with ocean views, 3 en suites, 3 car garage & newly remodeled gourmet kitchen. No expense spared. Sit down ocean views from first & second levels. Secure gated entry, office on main floor, lush tropical yard w/ covered patio & outdoor kitchen for entertaining. High end finishes throughout. Ideal location west of I-5. Walking distance to Cedros Design District, Belly Up, gorgeous beaches, transit station, and more!

142 S Granados Ave, Solana Beach, CA 92075

142 S Granados Ave, Solana Beach, CA 92075 

142 S Granados Ave, Solana Beach, CA 92075

142 S Granados Ave, Solana Beach, CA 92075

142 S Granados Ave, Solana Beach, CA 92075

142 S Granados Ave, Solana Beach, CA 92075

142 S Granados Ave, Solana Beach, CA 92075

Today's Top San Francisco Luxury Estate

Image result for San Francisco skyline pictures

The median home value in San Francisco is $1,204,700. San Francisco 
home values have gone up 10,0% over the past year.  Zillow predicts they will decrease by 2.6% within the year.

The median home value in Sausalito is $1,283,700. Sausalito home values have gone up 7.3% over the past year. Zillow predicts they will rise 1.6% within the next year. 

The median home value in Tiburon is $2,478,600. Tiburon home values have gone up 4.5% over the past year.   Zillow predicts they will rise increase 1.4% within the next year. 

The medium home value in Saratoga is $2,502,100.  Saratoga home values have gone up 6.6% this past year.  Zillow predicts they will increase 1.8% within the next year. 

The median home value in Atherton is $6,463,200. Atherton home values have gone up 8.6% over the past year and Zillow predicts they will increase 2.2% within the next year.

#1        1101 Hamilton Avenue, Palo Alta, CA 94301 with 3 bedrooms, 4 baths, 

and 3,108 sq.ft. is listed for sale at $5,295,000.

1101 Hamilton Ave, Palo Alto, CA 94301

Stunning contemporary style home in the heart of Crescent Park, just 8 blocks from downtown Palo Alto. The open floor plan and wall of sliding/stacking doors off the main living area seamlessly join the indoor and outdoor living spaces. A beautifully landscaped courtyard provides an unexpected garden oasis hidden from the street. The entire home has been remodeled with great attention to detail and is filled with an abundance of natural light. All of the bedrooms have en suite baths. Highly rated Palo Alto schools, close to downtown and Stanford and centrally located for Silicon Valley commuters.

1101 Hamilton Ave, Palo Alto, CA 94301

1101 Hamilton Ave, Palo Alto, CA 94301
1101 Hamilton Ave, Palo Alto, CA 94301

1101 Hamilton Ave, Palo Alto, CA 94301

1101 Hamilton Ave, Palo Alto, CA 94301

1101 Hamilton Ave, Palo Alto, CA 94301

Today's Top Seattle Luxury Estate

Image result for Seattle 
The median home value in Kirkland is $688,800.  Kirkland home values have gone up 18.8% over the past year.  Zillow predicts they will rise 8.1% within the next year.

The median home value in Seattle is $690,300. Seattle home values have gone up 15.5% over the past year. Zillow predicts they will rise 6.5% within the next year.

The median home value in Bellevue is $839,600. Bellevue home values have gone up 16.3% over the past year. Zillow predicts they will rise 6.8% within the next year. 

The median home value in Mercer Island is $1,413,600, Mercer island home values have gone up 11.4% over the past year.  Zillow predicts they will rise 5.2% with the next year.

The median home value in Clyde Hill is $2,545,800. Clyde Hill home values have gone up 15.7% over the past year. Zillow predicts they will rise 6.9% within the next year.

The median home value in Medina is $2,628,400. Medina home values have gone up 17.1% over the past year and Zillow predicts they will rise 6.5% within the next year.

#1     3532 207th Avenue SE, Sammamish, WA 98075 with 5 bedrooms, 6 baths 
and 8,750 sq.ft. is listed for sale at $7,700,000.

3532 207th Ave Se, Issaquah, WA 98075


It's hard to find the caliber of words to describe this exceptional estate in Rock Meadow Farms. From the moment you pass through the private gate and down the lushly landscaped drive, to the minute you pull up to the exquisite water feature that greets you at the front door, you'll know you've arrived at someplace magical. Filled with designer touches and the highest quality finishes, this home has hosted charity events and private dinners for hundreds with ease. Inviting, sophisticated, statelyand incomparable are simply a few words that come to mind when describing this home. Timeless architecture and impeccable craftsmanship combine with an artistic and vibrant landscape to create this home that is beyond compare. . 

3532 207th Ave Se, Issaquah, WA 98075

3532 207th Ave Se, Issaquah, WA 98075

3532 207th Ave Se, Issaquah, WA 98075

3532 207th Ave Se, Issaquah, WA 98075

3532 207th Ave Se, Issaquah, WA 98075

3532 207th Ave Se, Issaquah, WA 98075

3532 207th Ave Se, Issaquah, WA 98075


3532 207th Ave Se, Issaquah, WA 98075

Today's Top Real Estate News

Pending Sales Slide on "Staggering" Lack of Inventory

Aug 31 2017, 10:04AM

By Jann Swanson
Mortgage News Daily

Last month's resurgence in pending home sales didn't last long. Sales ended a three-month fad in June with a 1.5 percent increase in the Pending Home Sales Index (PHSI), but it dropped back by 0.8 percent in July. The National Association of Realtors®(NAR) says its PHSI registered 109.1 percent from a downwardly revised 110.0 in June.  The June index was originally reported at 110.2.

The July number was 1.3 percent lower than the PHSI a year earlier and has now fallen year-over-year in three of the last four months.  NAR said the West was the only region so show a slight gain.

The PHSI was at the mid-range of analysts' predictions.  Econoday's poll had a consensus of a 0.4 percent gain, but estimates ranged from -2.0 percent to +0.8 percent.
Lawrence Yun, NAR chief economist, continues to blame the weak market on the lack of homes for sale and called the inventory woes throughout the country "staggering."  "With the exception of a minimal gain in the West, pending sales were weaker in most areas in July as house hunters saw limited options for sale and highly competitive market conditions.  The housing market remains stuck in a holding pattern with little signs of breaking through. The pace of new listings is not catching up with what's being sold at an astonishingly fast pace."

According to Yun, in the past five years, the national median sales price has risen 38 percent, while hourly earnings have increased less than a third of that (12 percent). This unsustainable trend is putting considerable pressure on affordability in some markets - especially for prospective first-time buyers - and is pricing out some households who would otherwise be looking to buy a home. Despite this growing obstacle, Yun says data and feedback from Realtors® continues to confirm that the slowdown in existing sales since spring is the result of a supply problem and not one of diminished demand.

Yun said that, since April, the typical listing has gone under contract in less than a month and, while buyer traffic continues higher than a year ago, the inventory at the end of July was down 9.0 percent. "The reality, therefore, is that sales in coming months will not break out unless supply miraculously improves. This seems unlikely given the inadequate pace of housing starts in recent months and the lack of interest from real estate investors looking to sell," he said.

Yun expects existing-home sales to close out the year at around 5.49 million, which is an increase of only 0.7 percent from the 5.45 million sales in 2016. The national median existing-home price this year is expected to increase around 5 percent. In 2016, existing sales increased 3.8 percent and prices rose 5.1 percent.

He predicts the impact of Hurricane Harvey on the Houston market, along with the weakness in pending sales activity, will likely show up as slow overall sales growth in the coming months.

The PHSI in the Northeast inched down 0.3 percent to 97.7 in July but is still 2.4 percent above a year ago. In the Midwest, the index decreased 0.7 percent to 103.3 and is down 2.8 percent year-over-year.

Pending home sales in the South declined 1.7 percent to an index of 123.1 in July, putting it 0.2 percent below last July. The only gain, a 0.6 percent increase in the West, still left the index down 4.0 percent from a year earlier.

The PHSI is a leading indicator for housing sales. A sale is listed as pending when the contract has been signed; the transaction is usually expected to close within one or two months.

The index is based on a large national sample, typically representing about 20 percent of transactions for existing-home sales. An index of 100 is equal to the average level of contract activity during 2001, which was the first year to be examined. By coincidence, the volume of existing-home sales in 2001 fell within the range of 5.0 to 5.5 million, which is considered normal for the current U.S. population.
Today's Mortgage Rates

Mortgage Rates Slightly Lower Ahead of Big Jobs Report
Aug 31 2017, 4:35P


Mortgage rates moved lower today--something they've been more likely to do in general since early July.  The gradual downtrend brought them to their best levels of the year on Tuesday.  Yesterday saw a modest bounce and today leaves us somewhere in between.  Most borrowers will not see any major differences between Tuesday's quotes and todays, except for slightly higher upfront costs in some cases.

Part of the reason rates have been able to move so much lower in 2017 is that inflation metrics have been tepid, at best.  Today's reading of 1.4% on a key inflation report (Core PCE) only reinforced that reality.   The Fed would like to see that number closer to 2.0% before taking policy action that puts more substantial upward pressure on rates.

Does that mean rates will continue lower as long as inflation remains muted?  Sadly, no.  Markets have already accounted for everything that's transpired in terms of inflation reports as well as the expectations for future inflation readings.  Even the Fed says it could be a few years before today's 1.4% number moves back to 2.0%.  Current rates reflect that outlook, so it would have to deteriorate in order for inflation to push rates lower.  Granted, rates could be pushed lower for other reasons, but they could also be pushed higher. 

Traditionally, tomorrow's big jobs report is a big source of volatility for rates.  That's less certain to be the case tomorrow, given that markets are fairly well availed of labor market strength.  Volatility could also come from the fact that it's the first day of a new month, which creates extra trading activity as money managers reshuffle their holdings after having been forced to maintain a certain balance of bonds through the end of the previous month.

52 Week
ProductTodayYesterdayChangeLowHigh
30 Yr FRM3.89%3.90%-0.013.37%4.39%
15 Yr FRM3.18%3.19%-0.012.72%3.61%
FHA 30 Year Fixed3.45%3.50%-0.053.20%4.10%
Jumbo 30 Year Fixed4.17%4.18%-0.013.50%4.60%
5/1 Yr ARM3.18%3.19%-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 on FaceBook.