Wednesday, October 4, 2017




Today's Best Mansionwww.todaysbestmansionsforsale.com

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

#1      110 North Rockingham Avenue, Los Angeles, CA 90049 with 4 bedrooms, . 
9 baths and 9,000 sq.ft. is listed for sale at $23,000,000.


Originally built by Wallace Neff in 1968 & expanded by architect Robert A.M. Stern in 1999,this approx 9,000+sf Brentwood French Manor Estate, on approx. 1.6 acres, exudes characteristics of simplicity & strength famously recognizable as being from Neff's hand. Sumptuous and chic, brick wrap the horizontal exterior walls. 2nd story windows carry slightly into the roof dormers while ground flr windows resemble French Doors. The oval, 2 story central hall rises as the focal point of the classical plan. The master suite features separate his/her baths and elaborate walk-in closets. 3 full gst suites and maid's quarters complete the upstairs. The principal rooms disposed around the center are the living, dining and family room with Neff's trademark vaulted-wood framed ceilings. Other luxurious amenities: park-like gardens, pool house w/ pool & spa, gym, guard house, security system and a 3,000 sf 2-story guest house w/ matching oval entry, digital screening room, clay tennis court and pavilion. 



















Today's Top Seattle Luxury Estate

Image result for Seattle 
The median home value in Kirkland is $692,100. Kirkland home values have gone up 
18.8% over the past year and Zillow predicts they will rise 8.1% 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     470 McGraw Street, Seattle, WA 98109 with 4 bedrooms, 4 baths and 3,780 sq.ft. is listed for sale at $3,100,000

470 Mc Graw St, Seattle, WA 98109

Architecturally sophisticated home presenting commanding views of Lake Union, Wash. and Cascades; and total privacy! Built new in 1996 and designed by noted architect, Stuart Silk. The ground flr rooms are open to one another providing unobstructed views. Main flr ceiling ranges from 14'-9'. Chef's Kit has 10' granite island, 6-burner Dynasty gas stove w/ dbl ovens. Second floor view master suite, 2 bedrooms, full bath. Lower level includes laundry, 1100 bottle wine cellar and media room, 

470 Mc Graw St, Seattle, WA 98109

470 Mc Graw St, Seattle, WA 98109

470 Mc Graw St, Seattle, WA 98109

470 Mc Graw St, Seattle, WA 98109

470 Mc Graw St, Seattle, WA 98109

470 Mc Graw St, Seattle, WA 98109

470 Mc Graw St, Seattle, WA 98109

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 $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       11125 East Feathersong Lane #1703, Scottsdale, AZ 85255 with 6 bedrooms, 
8 baths and 10,634 sq.ft. is listed for sale at $9,250,000.

11125 E Feathersong Ln Unit 1703, Scottsdale, AZ 85255

This exquisite Silverleaf Estate situated in the Upper Canyon offers breathtaking sunsets, city lights and mountain views. The unsurpassed attention to detail and architectural design is evident in every room of this home, from wood beam ceiling in the Grand Living Room, to the carved travertine fireplace surrounds, the hickory wood floors intermixed with limestone flooring throughout, and the elegant grand staircase. The cabinetry was designed and crafted by a custom furniture company and its true artisan-ship is evident in every room in the home. The gourmet kitchen offers two large islands and opens to the spacious family room with stone fireplace, bar and wine cellar. The main living spaces have French doors opening to the covered loggias and spectacular views, inviting the outdoor spaces inside. The covered dining has it's own fireplace, outdoor kitchen and heaters in the ceiling for those rare chilly desert nights. The master retreat with cozy sitting room and private patio are perfect for watching the sunset over the valley. The spacious master bath includes steam shower and jetted tub, walk-in master closet with laundry and wall safe. His and Hers offices, along with theater room and second staircase are just part of the impressive spaces of this home. The large guest casita has its own living room with fireplace and kitchenette and separate bedroom. Schedule a private tour today to see this exceptional property. 

11125 E Feathersong Ln Unit 1703, Scottsdale, AZ 85255

11125 E Feathersong Ln Unit 1703, Scottsdale, AZ 85255

11125 E Feathersong Ln Unit 1703, Scottsdale, AZ 85255

11125 E Feathersong Ln Unit 1703, Scottsdale, AZ 85255

11125 E Feathersong Ln Unit 1703, Scottsdale, AZ 85255

11125 E Feathersong Ln Unit 1703, Scottsdale, AZ 85255

11125 E Feathersong Ln Unit 1703, Scottsdale, AZ 85255

11125 E Feathersong Ln Unit 1703, Scottsdale, AZ 85255

11125 E Feathersong Ln Unit 1703, Scottsdale, AZ 85255

11125 E Feathersong Ln Unit 1703, Scottsdale, AZ 85255

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     2230 Green Street, San Francisco, CA 94123 with 6 bedrooms, 5 baths 
and 6,400 sq.ft. is listed for sale at $11,150,000.

2230 Green St, San Francisco, CA 94123

Winner of the 2017 HGTV People's Pick Award for Inspired Design, this exquisite six bedroom, 5 bath Beaux-Arts home is situated on the prime north slope of San Francisco's renowned Pacific Heights and features dramatic bay views which include the Golden Gate Bridge, Alcatraz, and Angel Island. It showcases a blend of Beaux-Arts details with chic, modern design and luxury amenities. Furnishings are included. A "Walker's Paradise" per Walkscore - a block from Union Street and 4 blocks to Fillmore Street and Alta Plaza Park. Originally two units, now used as a single family home with top floor master suite plus one bedroom and bath, living room, dining room, entertaining kitchen with bar. Middle level: three bedrooms, two baths, open living/dining, and gourmet kitchen. Lower level: family room, two bedrooms, and 1 bath. Garden. Elevator to every level from the 3-5 car garage to the panoramic Golden Gate Bridge view rooftop terrace. Flexible use. Approximately 30' x 137.5' lot. Turn-key opportunity. 

2230 Green St, San Francisco, CA 94123

2230 Green St, San Francisco, CA 94123

2230 Green St, San Francisco, CA 94123

2230 Green St, San Francisco, CA 94123

2230 Green St, San Francisco, CA 94123

2230 Green St, San Francisco, CA 94123

2230 Green St, San Francisco, CA 94123

2230 Green St, San Francisco, CA 94123

Today's Top San Diego Luxury Estate


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      4536 North Lane, Del Mar, CA 92014 with 6 bedrooms, 6 baths and 5,201 sq.ft.
     is listed for sale at $4,195,000.

    4536 North Ln, Del Mar, CA 92014


    New Construction!! Located in the exclusive Montecillo neighborhood this modern interpretation of the classic farmhouse will amaze and excite you. Quality craftsmanship and impeccable design is exhibited at every turn. This beautiful home features wide plank hand waxed European Oak flooring throughout with artisan handmade tiles in the bathrooms. In the kitchen you are greeted with Calacatta Marble countertops, custom cabinetry with walnut accents and Wolf, SubZero and Miele appliances. The great room inspires entertaining with nearly 20 foot ceilings and multiple La Cantina bi-fold doors leading out to the spacious backyard. Rich Walnut and White Oak built-in cabinetry are tastefully incorporated throughout the home. The loft area off the great room makes for a perfect game room or area for the children to play. Other features include an owned solar system greatly reducing your monthly utility bills. And the spacious backyard is a blank canvas ready for your imagination. This extraordinary home is unlike any other. One of the hidden communities found in Del Mar is the Montecillo neighborhood. Located just east of the 5 freeway and in between the freeway exits of Lomas Santa Fe Drive and Via De La Valle Road. It is a small community made up of two cul-de-sac streets (North and South Lane) in the rural area of Del Mar. What makes the Montecillo area unique is the large acreage on which the homes are nestled that can easily span over one acre of land. Homes rarely come available in this exclusive neighborhood.

    4536 North Ln, Del Mar, CA 92014

    4536 North Ln, Del Mar, CA 92014

    4536 North Ln, Del Mar, CA 92014

    4536 North Ln, Del Mar, CA 92014

    4536 North Ln, Del Mar, CA 92014

    4536 North Ln, Del Mar, CA 92014

    4536 North Ln, Del Mar, CA 92014

    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      1230 Georgina Avenue, Santa Monica, CA 90402 with 6 bedrooms, 9 baths 
    and 9,753 sq.ft. is listed for sale at $12,200,000.

    1230 Georgina Ave, Santa Monica, CA 90402

    Stunning Santa Monica Traditional home on this coveted corner lot on the premier Georgina Avenue boasts a new classic Hamptons-style marvel. Impressively designed this three-story floor plan was built around the art of entertaining. From the moment you enter the six bedroom & 9 bath residence, guests are instantly swept off their feet by an exquisite two-story foyer and walnut hardwood and wainscoting throughout. Downstairs, you will find a sophisticated library, game room, media room, and oversized craft room, full white marble kitchen, two en-suite bedrooms, a wine tasting lounge with fireplace and climate-controlled wine cellar. On the abundantly lit main level is a white marble chef's kitchen, a butler's pantry, and casual dining area which leads to the sumptuous family room. There, guests will find beamed ceilings, a lavish fireplace and state-of-the art wet bar opening to the west-facing backyard and wrap-around slate patio. Journey beyond the French doors and onto the outdoor 

    1230 Georgina Ave, Santa Monica, CA 90402

    1230 Georgina Ave, Santa Monica, CA 90402

    1230 Georgina Ave, Santa Monica, CA 90402

    1230 Georgina Ave, Santa Monica, CA 90402

    1230 Georgina Ave, Santa Monica, CA 90402

    1230 Georgina Ave, Santa Monica, CA 90402

    1230 Georgina Ave, Santa Monica, CA 90402

    Today's Top Real Estate News 

    Manhattan Resale Home Prices at Record, Even After Discounts


    • Median of $995,000 was reached after price cuts averaging 6.8%
    • ‘Market now is people who are motivated to sell,’ broker says

    Owners pared an average of 6.8 percent off their asking prices in the quarter -- the second-most since 2010 -- and the adjustments spurred a flurry of sales at all price levels, pushing the resale median up to $995,000, according to a report Tuesday by appraiser Miller Samuel Inc. and brokerage Douglas Elliman Real Estate. That was the highest level since the firms started tracking the data in 2003.

    “Whenever the market feels and looks and smells healthy, sellers get intoxicated by that, and, as an agent, you want to say, ‘Please don’t drink too much here,’” Steven James, chief executive officer of Douglas Elliman’s New York City division, said in an interview. “The market now is people who are motivated to sell.”

    After years of being of able to dictate prices amid a shortage of supply, Manhattan homeowners now are reining in their loftiest expectations and agreeing to pocket more-modest gains on their properties as a way to get deals done. Buyers, who held back for much of 2016, are once again signaling their interest. The number of resales in the three months through September rose 7.3 percent from a year earlier to 2,908, Miller Samuel and Douglas Elliman said. It was the biggest quarterly sales total in two years.

    While the median price of those transactions climbed just 1.9 percent, it was enough to reach a high-water mark.\

    “This is the paradox,” said Jonathan Miller, president of Miller Samuel. “Sellers are enabling more activity by coming down from unrealistic pricing. And you’re seeing more transactions, which include higher-end transactions.”









    Corcoran Group released a report Thursday showing that, when it comes to resales, the lower the property’s price, the better it did. Completed deals for previously owned co-ops, which are usually cheaper than condos, increased 5 percent from a year earlier to 2,098, the brokerage said. Of those transactions, 84 percent were for less than $2 million.

    Purchases of resale condos, which are generally costlier, fell 9 percent to 1,012 -- the only category where sales declined, Corcoran said. Deals for less than $3 million made up 92 percent of condo resales in the quarter, but only 66 percent of the inventory was in that range.

    Hell’s Kitchen

    Jill Godmilow was among buyers in the quarter who looked to keep their purchase costs within reason. The 74-year-old filmmaker and professor emeritus at the University of Notre Dame was selling the third-floor walk-up in Tribeca that she bought 42 years ago for $17,000, and seeking a new place that fit a few specific criteria: “under a million, ground floor, charming.”
    By the time she toured the Hell’s Kitchen apartment that would eventually become her home, it had been on the market for more than a year. The owner, who initially sought $1.175 million, agreed to sell it to Godmilow for $1.1 million, then reduced that to $1.04 million after the co-op board raised questions about the unit’s central air-conditioning.

    The owner was probably willing to negotiate because he saw a buyer who not only was paying cash but also, as an established artist with money left over from the $2.1 million sale of her Tribeca home, could get approved by the co-op board, said Godmilow’s broker, Siim Hanja of Brown Harris Stevens, which also released a report on the Manhattan market Thursday. “Ultimately, what makes sense for the seller is the total package, not just the number.”

    Bidding Wars

    While there were still bidding wars, fewer buyers were interested in paying more than the asking price, Miller Samuel and Douglas Elliman said. Of all sales that closed in the quarter, 13 percent were above the list price, down from 18 percent a year earlier, according to the firms. Studios, the smallest and cheapest category of apartments, had the biggest share of buyers who paid more -- 17 percent.
    The jump in transactions also put a dent in resale inventory, bringing it down 4.1 percent to 5,075 listings as of Sept. 30, Miller Samuel and Douglas Elliman said. The absorption rate, or the amount of time it would take to sell all those units at the current pace, dropped to 5.2 months, from 5.9 months a year earlier.

    “We’re back to a healthy market, but that healthy market can change on a dime,” said James of Douglas Elliman. “When people feel like ‘Oh the market’s come back, we can make more money’ -- I don’t think that’s the way to read this report.”



    Today's Interest Rates
    Mortgage Rates Roughly Unchanged Near Recent Highs
    Oct 3 2017, 3:36PM

    Mortgage rates were unchanged today, on average, marking the second straight day with minimal change near the highest levels in more than 2 months.   For most lenders, that means conventional 30yr fixed rate quotes near 4.0% on top tier scenarios.  So far this week, day-to-day changes have been limited to the upfront closing cost side of the equation (as opposed to interest rates themselves).  While this can have a slight impact on the overall cost of financing, it doesn't change the "note rate" attached to a new mortgage.

    Underlying financial markets have been fairly calm for the past 2 days despite successive all-time highs in stocks.  The economic data and events that motivate bond markets (which dictate mortgage rates) have been absent, but that's set to change heading into the 2nd half of the week. With the economic data comes an increase in potential volatility.  Rates have risen enough since early September that some market participants are hoping they'll find a ceiling soon, but we haven't seen enough evidence for that to abandon a defensive stance just yet. 

    Locking continues to make more sense than floating until bond markets improve more meaningfully.  To quantify that, if 10yr yields are in the low 2.3's today, we wouldn't even begin to entertain a shift in the broader negative trend until 10yr yields hit the low-to-mid 2.2's. 
                                                                                                                       52 Weeks

    ProductTodayYesterdayChangeLowHigh
    3 Yr FRM3.98%3.98%--3.42%4.39%
    15 Yr FRM3.25%3.25%--2.75%3.61%
    FHA 30 Year Fixed3.60%3.60%--3.25%4.10%
    Jumbo 30 Year Fixed4.18%4.18%--3.56%4.60%
    5/1 Yr ARM3.20%3.20%--2.85%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