Monday, October 2, 2017

Today's Best Mansionwww.todaysbestmansionsforsale.com

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

#1      334 South Burlingame Avenue, Los Angeles, CA 90049 with 6 bedrooms, 
11 baths and 11,821 sq.ft. is listed for sale at $38,500,000.


Celebrity Estate Compound "Villa Burlingame". Sited behind gates, on a rare double lot of over 1.3 acres, lies a stunning Mediterranean Estate. Completed in 2010, the fruit of collaboration by two of the greatest aesthetes of our age: architect Oscar Shamamian and designer Michael Smith. Off a cobblestone driveway, and generous motor court, this Provencal/Italianate estate offers 6 bedrooms and 11 bathrooms, including a detached guest house, and pool house. Public rooms finished in Venetian plaster exude a relaxed elegance. A full-size pool, pool house, jacuzzi and cold plunge invite relaxation and recreation in the serene gardens. Details were sourced the world over, including: reclaimed roof tile from Venezuela, reclaimed fireplace mantles and tile floors of Italian terra cotta, custom ironwork, Moroccan glazed bathroom tiles and hand-hewn American hardwood flooring. Additional amenities include a screening room, sauna, walking paths, 2 outdoor fireplaces, and outdoor dining. 




















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      1509 NE 102nd Avenue N, Bellevue, WA 98004 with 6 bedrooms, 7 baths and 6,100 sq.ft. is listed for sale at $3,800,000.



New custom construction with great room concept. Epicurean kitchen with chic white cabinetry, slab granite & stainless Wolfe appliances. Outstanding quality materials & craftsmanship. Extensive use of slab granite, marble, stone, millwork, crown molding & walnut flooring. Outstanding floor plan features two master suites. Fun lower level game room with entertainment bar; media room & wine cellar. Outdoor living room with stone gas fireplace & built-in bbq. In the middle of downtown!















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      27341 North 102nd Street, Scottsdale 85262 with 8 bedrooms, 11 baths 
and 14,231 sq.ft. is listed for sale at $11,950,000.



An absolute masterpiece rooted in the principles of southwestern adobe-style architecture located in the world renowned golf community of Estancia in Scottsdale, Arizona. The multi-structure compound emulates the natural terrain and creates a resort atmosphere perfect for family and guests while maintaining the utmost privacy. The residence is forged in a canyon at the north end of Pinnacle Peak with dramatic elevation changes of over 300 feet from one side of the property to the other which creates unobstructed mountain, city light and sunset views ranging from 15 - 50 miles in three directions. The site acreage feels like a 30 acre property based on the adjacent mountain and golf course preservation areas. This is truly one of the finest properties in the western United States. 








Today's Top San Francisco Luxury Estate

Image result for San Francisco skyline pictures

The median home value in San Francisco County is $1,228,000. San Francisco County home values have gone up 10.0% over the past year and Zillow predicts they will rise 2.6% within the next year.
      
The median home value in Marin County is $1,060,000. Marin County home values have gone up 9.2% over the past year and Zillow predicts they will rise 1.8% within the next year.

The median home value in Santa Clara County is $1,045,600. Santa Clara County home values have gone up 7.8% over the past year and Zillow predicts they will rise 2.3% within the next 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 median home value in Palo Alto is $2,639,200. Palo Alto home values have gone up 4.9% over the past year and Zillow predicts they will rise 1.8% within the next year

The median home value in Los Altos is $2,840,900. Los Altos home values have gone up 2.8% over the past year and Zillow predicts they will rise 0.6% 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       77 Olema Bolinas Road, Bolinas, CA 94924 with 5 bedrooms, 7 baths 
and 6,230 sq.ft. is listed for sale at $9,500,000.      


The Sea Dragon Estate. Exquisite 18 acre Family Compound situated above the dramatic beauty of west Marin's coastline. The estate's architecture and design embraces the natural beauty that surrounds it. Impeccable main residence and an array of additional buildings including, guest quarters, art studio, bunkhouse, equestrian barn, caretaker residence and outside entertaining venues. Top flight infrastructure throughout. Offered as furnished.













Today's Top San Diego Luxury Estate


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      1832 Seaview Avenue, Del Mar, CA 92014 with 4 bedrooms, 4 baths 
and 2,707 sq.ft. is listed for sale at $5,550,000.



Enriched by one of the finest ocean views in Southern California, this fresh Zen-inspired estate in the hills of Olde Del Mar presents a once-in-a-lifetime opportunity to live the life that you have earned. A rare single-level floorplan expands over 2,707 square feet and is built-on a bluff-top foundation of solid rock. Its prominent perch places the home in an ideal position to enjoy 200-degree whitewater views of the Pacific, with winter storms, passing whales and dolphins, colorful sailboats and migrating birds adding excitement to panoramas that stretch up and down the shoreline.















Today's Top LA Luxury Estate.


The median home value in Orange County is $687,000. Orange County home values have gone up 3.9% over the past year.  Zillow predicts they will increase 0.8% within the next year.

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 Newport Beach is $1,684,600. Newport Beach home values have gone up 7.6% over the past year and Zillow predicts they will rise 1.4% within the next year.


The median home value in Santa Monica is $1,405,700. Santa Monica home values have gone up 2.7% over the past year and Zillow predicts they will rise 0.3% 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 Pacific Palisades is $2,736,600. Pacific Palisades home values have gone up 6.0% over the past year.  Zillow predicts they will rise 1.1% within the 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      24958 Malibu Road, Malibu, CA 90265 with 3 bedrooms, 4 baths 
and 3,208 sq.ft. is listed for sale at $10,900,000.


Located on a sandy stretch of beach behind "waterfall rock" lies this absolutely wonderful architectural beach home. Beautiful entrance with lush landscaping and koi pond directs you to a dramatic entry with open living, dining and kitchen, and walls of glass which provide for dramatic ocean views, and an expansive beachfront deck with steps to the beach. A billiard's area opens to a separate deck with spa. Upstairs is an incredible master suite with bedroom perched above the beach offering panoramic views. There is another bedroom and bath, and an office which opens to the living areas below to enjoy the incredible views. There is also a guest apartment with kitchen, bath, fireplace, and its own entrance and separate access to the beach. 









Today's Top Real Estate News   

Seattle home price growth is nearly double any other U.S. city


The Seattle area has now been the hottest real-estate market in the country for 11 straight months.




Seattle has been leading the country in home-price increases for a while. Now, no other region is even close.  The Seattle metro area saw single-family home prices surge 13.5 percent during the 12 months ended in July, according to the monthly Case-Shiller home-price index, Portland was second, with 7.6 percent growth.

Fastest-rising home prices compared with a year ago

1. Seattle +13.5%
2. Portland +7.6%
3. Las Vegas +7.4%
4. Dallas +7.3%
4. Detroit +7.3%

This marks the 11th straight month Seattle has had the nation’s hottest housing market. And it’s the first time increases locally are nearly double that of any other metro area.
The Pacific Northwest has been the center of the universe for surging home values for nearly two years.

Seattle overtook Portland for the biggest home-price growth in the country in late 2016, though Portland remained close behind during the first months of this year.  But in recent months, Portland’s market has cooled off, while Seattle’s keeps getting hotter.


Seattle’s real-estate surge has been driven by a combination of a historic shortage of homes for sale, and strong job and population growth ratcheting up demand, leaving homebuyers to fight it out through bidding wars. Portland also has few homes available but demand has been shrinking, counter to the national trend.
The continued rise in the cost of buying a house in Seattle differs from the rental market, where a boom in apartment construction has helped shrink rent hikes to the slowest pace in five years. Unlike apartments, the city is all but done building single-family homes — leaving an ever-growing number of buyers to fight for the same number of homes — though some suburbs are still adding subdivisions to put up new homes for sale.

To find the last time home costs here were surging at such a rapid rate, you need to go back to the 2006 housing bubble, when local prices grew more than 18 percent at times.
And the last time any region in the country was this hot was San Francisco more than three years ago, when price growth was as high as 25 percent.

Nationally, prices are up 5.9 percent year-over-year, the fastest growth in a couple years.
Home values in Seattle are soaring nearly three times faster than their historical average, which is about 4.8 percent annual growth.

In all, costs here have surged 79 percent since bottoming out in 2012. And they’re up 20 percent since the old bubble peak a decade ago.

The data show the increase is about even across all types of homes and throughout the metropolitan region, from Pierce County to Snohomish County.

This is the time of year that local prices typically start to cool down. In August, the median house in Seattle stood at $730,000, and on the Eastside, it was $853,000, both down slightly from record highs reached months earlier, according to the Northwest Multiple Listing Service.

The typical house sold for $455,000 in Snohomish County and $313,000 in Pierce County last month.

The Case-Shiller data show Seattle-area home values in July grew 0.6 percent compared with just a month earlier, the slowest month-over-month growth since March. That monthly growth was actually slightly below the national average.

But that’s typical for this time of year, since our local market is usually hottest in the spring. When adjusting for normal seasonal changes, Case-Shiller says, Seattle’s month-over-month home cost bump is actually the third-highest in the country, behind only San Francisco and Los Angeles.

Today's Interest Rates

Mortgage Rates Back Down From 2-Month Highs
Sep 29 2017, 2:37PM

Mortgage rates moved lower today, even though underlying bond markets (which ultimately drive rates) suggested a move higher.  This happens from time to time and it's usually a factor of timing.  Today is no different. 

Bond markets were improving throughout the day yesterday, but started out at much weaker levels.  Bond market weakness is associated with higher rates.  As such, yesterday's rates were the highest we'd seen in roughly 2 months.  As bonds improved throughout the day, many lenders abstained when it arguably became time to release friendlier rate sheets. 

When that happens, lenders become more likely to pass along the market gains the following morning--assuming the market gains make it through the night.  That was the case today, and it allowed lenders to put rates back in line with the second-best levels of the week.  Is that much movement?  No, not at all.  In fact, most borrowers probably won't notice much of a change on loan quotes outside the upfront costs.  The actual interest rate being quoted should be the same as yesterday.

                                                                                                                       52 Week

ProductTodayYesterdayChangeLowHigh
30 Yr FRM3.97%3.99%-0.023.39%4.39%
15 Yr FRM3.24%3.26%-0.022.73%3.61%
FHA 30 Year Fixed3.60%3.60%--3.20%4.10%
Jumbo 30 Year Fixed4.17%4.20%-0.033.52%4.60%
5/1 Yr ARM3.21%3.23%-0.022.80%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.