Tuesday, October 17, 2017




Today's Best Mansionwww.todaysbestmansionsforsale.com

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

#1      851 Wilson Way, Telluride, Colorado 81435 with 6 bedrooms, 9 baths  and 12,452 sq.ft. is listed for sale at $29,500,000.


The ultimate modern Alpine Estate. Gracefully set upon one of the most dramatic 35-acre sites in the spectacular Telluride region, this masterpiece of contemporary design is unmatched in its setting, quality, detail and naccommodations. Overlooking a reflective pond mirroring views of the towering cirque of rolling meadows and 14,000 foot peaks that surround the property, the homes soaring spaces showcase the very best in sophisticated mountain living. The home's creation was a remarkable collaboration between its owners and some of the most talented professionals in the world of architecture, interior design and construction. Featuring the very finest materials sourced from all over the world, including custom-quarried marbles from Italy, limestone from India, exotic granites, bluestone and native rock the construction process was uncompromising in its commitment to quality throughout. Over the course of the last four years, the finest skilled craftsmen worked to seamlessly meld these same materials with the most elegant fixtures, finish and furnishings available. Center-pivot glass doors wrap the home and give way to large outdoor spaces ideally suited to entertaining or  quiet reflection, while gently blurring the lines between indoor and outdoor living.





















Today's Top San Diego Luxury Estates


The median home value in San Diego County is $552,400. San Diego County home values have gone up 6.2% over the past year and Zillow predicts they will rise 2.5% within the next year.

The median home value in Coronado is $1,488,500. Coronado home values have gone up 3.1% over the past year and Zillow predicts they will rise 1.3% within the next year. 

The median home value in La Jolla 92037 is $1,538,100. 92037 home values have gone up 7.9% over the past year and Zillow predicts they will rise 2.0% within the next year.

The median home value in Solona Beach 92075 is $1,284,600. 92075 home values have declined -4.2% over the past year and Zillow predicts they will rise 2.0% within the next year. 

The median home value in Del Mar 92014 is $1,616,500. 92014 home values have gone up 3.0% over the past year and Zillow predicts they will rise 0.9% within the next year.

The median home value in Rancho Santa Fe is $2,698,700. Rancho Santa Fe home values have gone up 6.0% over the past year and Zillow predicts they will rise 0.7% within the next year. 

#1      4421 North Lane, Del Mar, CA 92014 with 5 bedrooms, 6 baths and 5,996 sq.ft. 
is listed for sale at $4,499,995.


A rare opportunity to own a beautiful home in the highly desired Del Mar Montecillo neighborhood! This spacious home is light, bright and open with distant ocean views and complete privacy. Highlights include high ceilings, French white oak wide plank hardwood floors throughout, large custom designed office and loft area. The gourmet kitchen includes high end appliances, fixtures, and 14 foot island. Four of the five bedrooms are ensuite. Enjoy indoor/outdoor living on the large balcony or covered patio.
















Today's Top LA Luxury Estate.


The median home value in Orange County is $689,800. Orange County home values have gone up 4.0% over the past year and Zillow predicts they will rise 1.1% within the next year
         
The median home value in Los Angeles County is $572,900. Los Angeles County home values have gone up 6.8% over the past year and Zillow predicts they will rise 1.5% within the next year.

The median home value in Newport Beach is $1,654,400. Newport Beach home values have gone up 5.3% over the past year and Zillow predicts they will rise 1.0% within the next year. 

The median home value in Santa Monica is $1,410,500. Santa Monica home values have gone up 2.2% over the past year and Zillow predicts they will rise 0.3% within the next year.

The median home value in Brentwood 90049 is $2,383,900. 90049 home values have gone up 0.9% over the past year and Zillow predicts they will fall -0.6% within the next year.

The median home value in Pacific Palisades is $2,731,400. Pacific Palisades home values have gone up 5.0% over the past year and Zillow predicts they will rise 1.0% within the next year.

The median home value in Malibu is $2,933,500. Malibu home values have gone up 7.7% over the past year and Zillow predicts they will rise 1.0% within the next year.

The median home value in Bel Air is $3,272,700. Bel Air home values have gone up 3.7% over the past year and Zillow predicts they will fall -0.3% within the next year

The median home value in 90210 is $4,892,500. 90210 home values have gone up 9.4% over the past year and Zillow predicts they will rise 0.9% within the next year.

#1        224 Stafford Road, Thousand Oaks, CA 91361 with 5 bedrooms, 7 baths 
and 10,700 sq.ft. is listed for sale at $10,750,000.


An icon within the prestigious gates of Sherwood Country Club, this masterfully designed Hamptons style estate showcases the finest craftsmanship, trends and taste. Epitome of elite, this residence features walnut floors, marble accents, distinguished wainscoting and onyx fireplaces. The ultimate chef's kitchen includes an expansive center island with a stunning African wood countertop, top-of-the-line appliances and chic dining area accented by a baccarat chandelier. The sprawling grounds feature a guesthouse with an expansive balcony, swimming pool, jacuzzi, built-in barbeque, sport court, herb and vegetable garden, fruit trees andmanicured rose bushes. Spectacular views of the famous Jack Nicklaus golf course and shimmering lake evoke a relaxing and charming lifestyle, creating the ultimate oasis. 
























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 Maricopa County is $245,700.  Maricopa County home values have gone up 6.2% over the past year and Zillow predicts they will rise 2.4% within the next year.

The median home value in Scottsdale is $426,100. Scottsdale home values have gone up 3.8% over the past year and Zillow predicts they will rise 1.3% within the next year

The median home value in Carefree is $747,800. Carefree home values have gone up 5.9% over the past year and Zillow predicts they will rise 1.7% within the next year.

The median home value in Paradise Valley is $1,604,500. Paradise Valley home values have gone up 2.9% over the past year and Zillow predicts they will rise 0.7% within the next year.


#1      7017 North Invergordon Road, Paradise Valley, AZ 85253 with 7 bedrooms, 
11 baths and 18,065 sq.ft.is listed for sale at $9,350,000.

7017 N Invergordon Rd, Paradise Valley, AZ 85253

Perched high on the east side of Mummy Mountain with breathtaking views of the Valley and nearby mountains, this 18,065 sf luxury estate is the epitome of superior elegance and comfort. Entering the private gate, your tour begins with a winding drive to the motor court to this lovely Mediterranean/Spanish home. Stepping into the grand foyer you will notice superior craftsmanship and impeccable finishes such as groin vaulted ceilings, intricate furniture-grade cabinetry, crema marfil flooring, custom doors and hardware.The 5 bed/7.5 bath home includes a gourmet kitchen, theater, fitness room, two indoor water features, game room, office and an exquisite master suite. The yard includes huge patios, an outdoor kitchen, double water fall, sports court diving/play pool,1 casita/1 guesthouse. 

7017 N Invergordon Rd, Paradise Valley, AZ 85253

7017 N Invergordon Rd, Paradise Valley, AZ 85253

7017 N Invergordon Rd, Paradise Valley, AZ 85253

7017 N Invergordon Rd, Paradise Valley, AZ 85253

7017 N Invergordon Rd, Paradise Valley, AZ 85253

7017 N Invergordon Rd, Paradise Valley, AZ 85253

7017 N Invergordon Rd, Paradise Valley, AZ 85253

7017 N Invergordon Rd, Paradise Valley, AZ 85253

Today's Top San Francisco Luxury Estate

Image result for San Francisco skyline pictures

The median home value in San Francisco County is $1,234,800. San Francisco County home values have gone up 10.7% over the past year and Zillow predicts they will rise 2.8% within the next year.

The median home value in Marin County is $1,060,900. Marin County home values have gone up 8.6% over the past year and Zillow predicts they will rise 2.2% within the next year. 
     
The median home value in Santa Clara is $1,121,300. Santa Clara home values have gone up 10.0% over the past year and Zillow predicts they will rise 3.6% within the next year.        

The median home value in Sausalito is $1,289,700. Sausalito home values have gone up 7.6% over the past year and Zillow predicts they will rise 1.9% within the next year.          
The median home value in Tiburon is $2,509,800. Tiburon home values have gone up 5.7% over the past year and Zillow predicts they will rise 1.7% within the next year.

The median home value in Palo Alto is $2,660,200. Palo Alto home values have gone up 6.2% over the past year and Zillow predicts they will rise 2.6% within the next year.

The median home value in Los Altos is $2,852,400. Los Altos home values have gone up 3.7% over the past year and Zillow predicts they will rise 1.4% within the next year.         

The median home value in Saratoga is $2,531,200. Saratoga home values have gone up 7.6% over the past year and Zillow predicts they will rise 2.8% within the next year.

The median home value in Atherton is $6,472,600. Atherton home values have gone up 6.8% over the past year and Zillow predicts they will rise 2.3% within the next year. 

#1      705 Via La Cuesta, Palo Verdes Estates, CA 90274 with 6 bedrooms, 8 baths 
and 10,100 sq.ft. is listed for sale at $15,999,000.

705 Via La Cuesta, Palos Verdes Estates, CA 90274

This estate is comprised of 10,000 sq. feet, with supreme ocean and city views from the entire home. This one of a kind residence has a total of 6 bedrooms and 8 bathrooms. Upon entering the beautiful stoned driveway, one is immediately taken aback by the incredible panoramic and most sought after view of the Queen?s necklace and beyond. This estate displays lavish use of stone finishes, artisancarpentry, intricate pillars, 16 foot ceilings including many which are coffered. Thevast kitchen consist of two center islands, breakfast nook and butlers pantry. The lower level offers a downstairs retreat, leading to a home theater room, spacious wine cellar, full bar, and dry sauna to relax in after a workout in your private full size gym. The spectacular outdoor areas are beyond jaw dropping. It
offers a private gazebo with one of 8 fireplaces to enjoy cool California evenings. An outdoor kitchen surrounds a one of a kind 17th Century fireplace imported from France and a full-size sports court or tennis court to suit your competitive needs. Designed by George M. Sweeney, a well known Palos Verdes Estates architect. 

705 Via La Cuesta, Palos Verdes Estates, CA 90274

705 Via La Cuesta, Palos Verdes Estates, CA 90274

705 Via La Cuesta, Palos Verdes Estates, CA 90274

705 Via La Cuesta, Palos Verdes Estates, CA 90274

705 Via La Cuesta, Palos Verdes Estates, CA 90274

705 Via La Cuesta, Palos Verdes Estates, CA 90274

705 Via La Cuesta, Palos Verdes Estates, CA 90274

705 Via La Cuesta, Palos Verdes Estates, CA 90274

Today's Top Seattle Luxury Estate

Image result for Seattle  
The median home value in King County is $586,500. King County home values have gone up 14.9% over the past year and Zillow predicts they will rise 6.0% within the next year.

The median home value in Kirkland is $692,100. Kirkland home values have gone up 18.0%         over the past year and Zillow predicts they will rise 6.9% within the next year. 

The median home value in Seattle is $690,200. Seattle home values have gone up 14.3% over the past year and Zillow predicts they will rise 5.9% within the next year.

The median home value in Bellevue is $842,900. Bellevue home values have gone up 15.7% over the past year and Zillow predicts they will rise 5.9% within the next year.

The median home value in Mercer Island is $1,406,800. Mercer Island home values have gone up 10.5% over the past year and Zillow predicts they will rise 4.3% within the next year.

The median home value in Clyde Hill is $2,603,600. Clyde Hill home values have gone up 17.7% over the past year and Zillow predicts they will rise 6.4% within the next year.             

The median home value in Medina is $2,667,700. Medina home values have gone up 18.3% over the past year and Zillow predicts they will rise 6.2% within the next year.


#1      7444 East Mercer Way, Mercer Island, WA 98040 with 4 bedrooms, 4 baths and 2,470 sq.ft. is listed at $3,120,000.

7444 E Mercer Way, Mercer Island, WA 98040

68 ft of low bank, private waterfront, teak dock and 2 solar-charged hydraulic lifts. Rebuilt in 2009 by Peter Davis, the current owners have continued to transform the property into something special: new Ipe decks with custom railings, oak hardwoods throughout, a/c in master area, double set of washer/dryer. Gourmet kitchen with high end appliances and pantry, custom blinds, 10 KW generator,energy efficient windows, radiant heat. Unique setting with incredible Mount Rainier views.

7444 E Mercer Way, Mercer Island, WA 98040

7444 E Mercer Way, Mercer Island, WA 98040

7444 E Mercer Way, Mercer Island, WA 98040

7444 E Mercer Way, Mercer Island, WA 98040

7444 E Mercer Way, Mercer Island, WA 98040

7444 E Mercer Way, Mercer Island, WA 98040

7444 E Mercer Way, Mercer Island, WA 98040

Today's Best Mortgage Rates
Mortgage Rates Sideways to Slightly Higher
Oct 16 2017, 5:02PM

Mortgage rates were sideways to slightly higher today, depending on the lender.  Underlying bond markets suggested a bit more movement, and that will likely be reflected in tomorrow morning's rate sheets unless bonds improve overnight.

In other words, effective rates are just a bit lower this afternoon than bond market trading levels would imply.  This happens fairly often when bonds move during the day, but not by a wide enough margin to prompt mortgage lenders to reissue the day's rate sheets. 

All that having been said, the change would still be fairly minimal in the bigger picture, with most any lender continuing to quote the same interest rate (just with slightly higher upfront costs).  After dropping at the best pace in more than a month to the lowest levels in roughly a month on Friday, this modest pullback isn't yet cause for concern, but that could change if the weakness continues tomorrow.
                                                                                                                           52 Weeks

ProductTodayYesterdayChangeLowHigh
30 Yr FRM3.94%3.93%+0.013.54%4.39%
15 Yr FRM3.24%3.23%+0.012.85%3.61%
FHA 30 Year Fixed3.50%3.50%--3.35%4.10%
Jumbo 30 Year Fixed4.15%4.14%+0.013.70%4.60%
5/1 Yr ARM3.20%3.19%+0.012.86%3.25%

Today's Top Real Estate News Aericle

October RE/MAX National Housing Report on MLS Data from 54 Metro Areas 

September Home Sales Slow Amid Strong Prices, Low InventoryJoining August, July, April and February, September home sales dropped 4.2% year-over-year in the report's monthly analysis of housing data in 54 metro areas. Going in the opposite direction, the Median Sales Price increased to $225,000. Though the lowest price since March, it was 2.3% higher than September 2016. The last month when home prices did not increase year-over-year was October 2011. October RE/MAX National Housing Report on MLS Data from 54 Metro Areas

September became the fifth month this year to post a decline in home sales compared to a record-setting 2016, while marking the 71st consecutive month of rising sale prices year-over-year, according to the October RE/MAX National Housing Report. 

Three-quarters of the way through 2017, other notable numbers from the RE/MAX National Housing Report include:
  • In the wake of Hurricane Irma in early September, Miami saw home sales drop 35.2% year-over-year. Houston, meanwhile, posted a 3.2% gain despite the impact of Hurricane Harvey in late August.
  • Days on Market declined by one week, from 56 in September 2016 to 49.
  • At 3.6, the Months Supply of Inventory was the lowest of any September in the report's 9-year history. Twenty-three markets are at 3 months or less.
  • Mirroring this, inventory dropped 14.1% year-over-year, with 46 metro areas seeing fewer homes for sale. Year-over-year, inventory has declined every month since November 2008.
"We're not seeing any relief from the nationwide housing shortage as we enter the typically slower fall and winter selling seasons," said Adam Contos, RE/MAX Co-CEO. "Plain and simple, we need more homes, particularly at the entry-level price point. Until then, it will most likely continue to be a seller's market with homes going from listed to sold quickly."

Closed Transactions 

Of the 54 metro areas surveyed in September 2017, the overall average number of home sales decreased 14.9% compared to August 2017 and decreased 4.2% compared to September 2016. Sixteen of the 54 metro areas experienced an increase in sales year-over-year including, Billings, MT,+18.4%, Burlington, VT, +7.6%, Chicago, IL, 7.4%, Honolulu, HI, +4.6% and Las Vegas, NV +3.8%.

Median Sales Price – Median of 54 metro median prices

In September 2017, the median of all 54 metro Median Sales Prices was $225,000, down 5% from August 2017 but up 2.3% from September 2016. Only five metro areas saw a year-over-year decrease in Median Sales Price or remained unchanged (Trenton, NJ, -8.5%, Hartford, CT, -5.3%, Billings, MT, -2.2%, and Augusta, ME and Baltimore, MD at 0.0%). Eight metro areas increased year-over-year by double-digit percentages, with the largest increases seen in Seattle, WA, +13.7%, San Francisco, CA, +13.2%, Providence, RI, +13%, Las Vegas, NV, +12.2% and Tampa, FL, +11.4%.

Days on Market – Average of 54 metro areas

The average Days on Market for homes sold in September 2017 was 49, up two days from the average in August 2017, and down seven days from the September 2016 average. The four metro areas with the lowest Days on Market were Omaha, NE, at 23, Seattle, WA, at 25, and San Francisco, CA, at 26. The highest Days on Market averages were in Augusta, ME, at 105 and Burlington, VT, at 94. Days on Market is the number of days between when a home is first listed in an MLS and a sales contract is signed.  

Months Supply of Inventory – Average of 54 metro areas

The number of homes for sale in September 2017 was down 3.6% from August 2017, and down 14.1% from September 2016. Based on the rate of home sales in September, the Months Supply of Inventory increased to 3.6 from August 2017 at 3.1, compared to September 2016 at 3.9. A 6.0-months supply indicates a market balanced equally between buyers and sellers. In September 2017, 51 of the 54 metro areas surveyed reported a months supply of less than 6.0, which is typically considered a seller's market. The metro areas that saw a months supply above 6.0, which is typically considered a buyer's market, were Miami, FL, at 11.8, Augusta, ME, at 6.4, and Birmingham, AL, at 6.3. The markets with the lowest Months Supply of Inventory continued to be in the west with San Francisco, CA, at 1.2, Seattle, WA, at 1.5, Denver, CO, at 1.6 and San Diego, CA, at 1.8.


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.