Wednesday, September 6, 2017


Today's Best Mansion
www.todaysbestmansionsforsale.com

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

#1       1 Central Park South,  Unit #1101/1102/1106 with 8 bedrooms, 9 baths 
and 5,500 sq.ft. is listed for sale at $26,900,000.

Unique opportunity to combine THREE adjacent apartments and 1106, to create a magnificent and spacious 5500 SF six to eight bedroom, eight bathroom apartment at the Plaza Private Residences. One of this legendary building's most sought-after corner apartments has just come to the market offering breathtaking views of Central Park, 11 foot ceilings, a grand scale living room/dining room, beautiful Pre-War details. A true beauty in every way. At the iconic and exclusive Plaza Hotel Residences, apartments and 1106 together offer 5500SF of grand living. Over-sized bedrooms with en-suite marble bathrooms are outfitted with Kohler soaking tubs, separate shower stalls and double sinks, mosaic patterned floor replicating the floor of the original Plaza lobby. The stunning kitchen includes The Plaza collection of stainless steel appliances by Viking and Miele, beautiful Nero Marquina stone countertops, and a white marble mosaic backsplash. In addition, each condo unit owner has full use of The Plaza Hotels amenities and service offerings. Building Features : Land-marked exclusive Residential Lobby, Landscaped Plaza Gardens With Fountain and Reflecting Pools, Five-Star Concierge Service, 24 Hour doorman. The Oak Room, Oak Bar, Palm Court, All Five Star Services of Plaza Hotel, Health Club/Gym, Caudalie spa, Plaza food Hall, Limousine Services. 

















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     611 North Elm Drive, Beverly Hills, CA 90210 with 6 bedrooms, 7 baths 
and 5,780 sq.ft. is listed for sale at $9,995,000



Perfectly situated behind gates sits a stunning traditional designer residence w/ impeccable detail and finishes. Dramatic formal entry with two-story ceilings. Fabulous large formal living room w/ vaulted ceiling open to formal dining area. Spacious family room w/ wood beamed ceiling and step-down rotunda bar all opening to the backyard. Fabulous chef's kitchen w/ Subzero, Wolf range and 3 ovens w/ island and breakfast area all opening with French doors to the patio with pergola, barbecue area, outdoor sitting area w/ fireplace, large salt water pool and grassy yard. 2 suites down including maids (1 currently used as office/library with full bath) and 2nd office/ downstairs. Fabulous master suite upstairs w/ intimate sitting room with fireplace and hotel-like bath w/ huge walk in closet, steam shower and spa tub. 3 additional spacious suites upstairs complete this perfect family home. The finest in design and quality throughout on one of Beverly Hills most beautiful streets.





















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 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 Valley home values have gone up 1.6% over the past year. Zillow predicts they will increase 2.2% within the next year.


#1      11549 East Penstamin Drive, Scottsdale, AZ 86266 with 5 bedrooms, 9 baths and 9,828 sq.ft. is listed for sale at $5,985,000.



11549 E Penstamin Dr, Scottsdale, AZ 85255

Named Casa de Siete Chimeneas by the home's builder, this stunning, one-of-a-kind Spanish Colonial home is nestled in the McDowell Mountain foothills and enjoys sweeping views of the Valley below. Located in the private yet accessible enclave of The Retreat at One Hundred Hills, this home was designed and built by Beringer Fine Homes and exemplifies the meaning of authenticity and craftsmanship. Casa de Siete Chimeneas sits on just over one acre on a quiet cul-de-sac, and offers great privacy and gracious outdoor living spaces. The main home was completed in 2009 and for many years was used as a model for the builder. The current owner has overseen a massive renovation and expansion project with the original builder, and the outcome is truly special! Recently completed, it is now a a "cozy compound" with a main residence of approx 8500 sf and a new detached pool pavilion of 1300 sf. All but one room on the main level! 

11549 E Penstamin Dr, Scottsdale, AZ 85255

11549 E Penstamin Dr, Scottsdale, AZ 85255

11549 E Penstamin Dr, Scottsdale, AZ 85255

11549 E Penstamin Dr, Scottsdale, AZ 85255

11549 E Penstamin Dr, Scottsdale, AZ 85255

11549 E Penstamin Dr, Scottsdale, AZ 85255

11549 E Penstamin Dr, Scottsdale, AZ 85255

11549 E Penstamin Dr, Scottsdale, AZ 85255

11549 E Penstamin Dr, Scottsdale, AZ 85255

11549 E Penstamin Dr, Scottsdale, AZ 85255

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      17410 La Bajada, Rancho Santa Fe, CA 92067 with 6 bedrooms, 7 baths and 6,080 sq.ft. is listed for sale at $5,895,000.

17410 La Bajada, Rancho Santa Fe, CA 92067

This historic Covenant estate represents a timeless Spanish Celebration of Rancho Santa Fe with a contemporary flare. La Osita is set atop a hill with ocean Views out to Cardiff-by-the-Sea and Black Mountain. Custom built in 1940, originally designed by renowned architect William Templeton Johnson, it has gone through a complete renovation- brand new expanded kitchen, wide plank wood floors, new bathrooms, refurbished wood paneled library, and renovated two bedroom detached guest house. See Supp There are a total of 4+ bedrooms built around a charming courtyard of majestic trees, a wraparound veranda with the pool as the centerpiece and the stunning mountain views as the back drop. Guest House boasts a two bedrooms, office and kitchen. Come experience a fresh take on RSF.

17410 La Bajada, Rancho Santa Fe, CA 92067

17410 La Bajada, Rancho Santa Fe, CA 92067

17410 La Bajada, Rancho Santa Fe, CA 92067

17410 La Bajada, Rancho Santa Fe, CA 92067

17410 La Bajada, Rancho Santa Fe, CA 92067

17410 La Bajada, Rancho Santa Fe, CA 92067

17410 La Bajada, Rancho Santa Fe, CA 92067

17410 La Bajada, Rancho Santa Fe, CA 92067

17410 La Bajada, Rancho Santa Fe, CA 92067

17410 La Bajada, Rancho Santa Fe, CA 92067

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      1900 Willow Road, Hillsborough, CA 94010 with 5 bedrooms, 7 baths 
and 4,900 sq.ft. is listed for sale at $8,395,000.

1900 Willow Rd, Hillsborough, CA 94010

Just completed modern interpretation of the classic New England Style blends in seamlessly to this premier lower Hillsborough neighborhood. Employing energy-efficient design principles, the sleek open concept floor plan begins with a dramatic great room that opens to a heated rear terrace, perfect for indoor/outdoor living. Striking finishes throughout are masterfully modern and functionally beautiful, while white oak floors tie every room together in quiet harmony. There are 5 bedrooms, each with en suite bath, plus 2 half-baths, and an office. The grounds are equally impressive with a pool and spa, landscaped gardens, and even restored historic gates at the front corner. This one-of-a-kind residence is also minutes to shopping and dining in downtown Burlingame and has access to excellent Hillsborough schools.

1900 Willow Rd, Hillsborough, CA 94010

1900 Willow Rd, Hillsborough, CA 94010

1900 Willow Rd, Hillsborough, CA 94010

1900 Willow Rd, Hillsborough, CA 94010

1900 Willow Rd, Hillsborough, CA 94010

1900 Willow Rd, Hillsborough, CA 94010

1900 Willow Rd, Hillsborough, CA 94010


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      1000 Watrefront Cove, Lopez Island, WA 98261 with 4 bedrooms, 4 baths and 3,926 sq.ft. is listed for sale at $3,290,000.

This visionary inspiration resting on over 5 glorious acres at coveted Shark Reef capturing views over San Juan Channel to the Cattle Point lighthouse and beyond. A seamless blend and sensible balance of flow, form, and function, reflecting the grandeur of the setting. Artfully designed by renowned Heliotrope of Seattle transcending style and trend. To gaze at the water from this 3926sf memorable modern masterpiece, it is difficult to imagine that the real world exists. Simply sublime.
















Today's Top Real Estate News


CoreLogic US Home Price Report Shows Prices Up 6.7 Percent in July 2017

By Lori Guyton
Crosby-Volmer International Communications


    • Western States Led the Nation in Home Price Growth  
    • Prices in Washington and Utah Experienced Double-Digit Annual Increases
    • Over One-Third of U.S. Top Cities Are Overvalued in Terms of Current Housing Stock
CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today released its CoreLogic Home Price Index (HPI) and HPI Forecast for July 2017, which shows home prices are up strongly both year over year and month over month. Home prices nationally increased year over year by 6.7 percent from July 2016 to July 2017, and on a month-over-month basis, home prices increased by 0.9 percent in July 2017 compared with June 2017,* according to the CoreLogic HPI.

Looking ahead, the CoreLogic HPI Forecast indicates that home prices will increase by 5 percent on a year-over-year basis from July 2017 to July 2018, and on a month-over-month basis home prices are expected to increase by 0.4 percent from July 2017 to August 2017. The CoreLogic HPI Forecast is a projection of home prices using the CoreLogic HPI and other economic variables. Values are derived from state-level forecasts by weighting indices according to the number of owner-occupied households for each state.

“In July, home price growth in the Pacific Northwest and mountain states led the nation with the highest appreciation rates,” said Dr. Frank Nothaft, chief economist for CoreLogic. “The sharp increase in prices in Washington and Utah has been especially striking, with home price growth in both states accelerating by 3 percentage points since the beginning of this year.”

In an analysis of the country’s 100 largest metropolitan areas, based on housing stock, 34 percent of cities have an overvalued housing stock as of July 2017, according to CoreLogic Market Conditions Indicators (MCI) data. The MCI analysis categorizes home prices in individual markets as undervalued, at value or overvalued by comparing home prices to their long-run, sustainable levels, which are supported by local market fundamentals, such as disposable income. Also as of July, 28 percent of the top 100 cities were undervalued, and 38 percent were at value. When looking at only the top 50 markets, based on housing stock, 46 percent were overvalued, 16 percent were undervalued and 38 percent were at value. 

The MCI defines an overvalued housing market as one in which home prices are at least 10 percent higher than the long-term, sustainable level, while an undervalued housing market is one in which home prices are at least 10 percent below the sustainable level.

“Home prices in July continued to rise at a solid pace with no signs of slowing down,” said Frank Martell, president and CEO of CoreLogic. “The combination of steadily rising purchase demand along with very tight inventory of unsold homes should keep upward pressure on home prices for the remainder of this year. While mortgage interest rates remain low, affordability cracks are emerging as over a third of U.S. top cities are now overvalued.”

*June 2017 data was revised. Revisions with public records data are standard, and to ensure accuracy, CoreLogic incorporates the newly released public data to provide updated results.

Methodology
The CoreLogic HPI is built on industry-leading public record, servicing and securities real-estate databases and incorporates more than 40 years of repeat-sales transactions for analyzing home price trends. Generally released on the first Tuesday of each month with an average five-week lag, the CoreLogic HPI is designed to provide an early indication of home price trends by market segment and for the “Single-Family Combined” tier representing the most comprehensive set of properties, including all sales for single-family attached and single-family detached properties. The indexes are fully revised with each release and employ techniques to signal turning points sooner. The CoreLogic HPI provides measures for multiple market segments, referred to as tiers, based on property type, price, time between sales, loan type (conforming vs. non-conforming) and distressed sales. Broad national coverage is available from the national level down to ZIP Code, including non-disclosure states.

CoreLogic HPI Forecasts are based on a two-stage, error-correction econometric model that combines the equilibrium home price—as a function of real disposable income per capita—with short-run fluctuations caused by market momentum, mean-reversion, and exogenous economic shocks like changes in the unemployment rate. With a 30-year forecast horizon, CoreLogic HPI Forecasts project CoreLogic HPI levels for two tiers—“Single-Family Combined” (both attached and detached) and “Single-Family Combined 

Excluding Distressed Sales.” As a companion to the CoreLogic HPI Forecasts, Stress-Testing Scenarios align with Comprehensive Capital Analysis and Review (CCAR) national scenarios to project five years of home prices under baseline, adverse and severely adverse scenarios at state, Core Based Statistical Area (CBSA) and ZIP Code levels. The forecast accuracy represents a 95-percent statistical confidence interval with a +/- 2.0 percent margin of error for the index.

About CoreLogic

CoreLogic (NYSE: CLGX) is a leading global property information, analytics and data-enabled solutions provider. The company's combined data from public, contributory and proprietary sources includes over 4.5 billion records spanning more than 50 years, providing detailed coverage of property, mortgages and other encumbrances, consumer credit, tenancy, location, hazard risk and related performance information. The markets CoreLogic serves include real estate and mortgage finance, insurance, capital markets, and the public sector. CoreLogic delivers value to clients through unique data, analytics, workflow technology, advisory and managed services. Clients rely on CoreLogic to help identify and manage growth opportunities, improve performance and mitigate risk. Headquartered in Irvine, Calif., CoreLogic operates in North America, Western Europe and Asia Pacific. For more information, please visit www.corelogic.com.



Today's Mortgage Rates
Mortgage Rates Back in Line With 2017 Lows
Sep 5 2017, 4:04PM

Mortgage rates moved lower today on a combination of factors.  Chief among these were headlines over the weekend concerning more North Korean weapons testing--specifically, a detonation of its largest bomb ever on Sunday followed by reports from South Korea of another ballistic missile test by the end of the week.  The threat of global nuclear conflict pushes rates lower because the bond markets that underlie rates can benefit from fear and panic.  Investors seeking safe havens often move money into bonds, where higher demand equates to lower rates.

US Treasuries are more readily able to benefit from this sort of "flight-to-safety" trading than mortgage-backed-securities (or "MBS"), which have the most direct influence on mortgage rates.  Indeed most mortgages are being quoted at the same rates seen on Friday with the only improvement being seen in the form of modestly lower upfront costs.  Even after adjusting "effective rates" based on those upfront costs, today's gains in mortgages come out to about 0.02-0.03% whereas 10yr Treasury yields were down 0.09%.

                                                                                                                   52 Week
   
ProductTodayYesterdayChangeLowHigh
30 Yr FRM3.87%3.90%-0.033.37%4.39%
15 Yr FRM3.15%3.18%-0.032.72%3.61%
FHA 30 Year Fixed3.50%3.50%--3.20%4.10%
Jumbo 30 Year Fixed4.16%4.18%-0.023.50%4.60%
5/1 Yr ARM3.17%3.18%-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.