Friday, October 6, 2017





Today's Best Mansionwww.todaysbestmansionsforsale.com

It's lavish. It's huge. It's grand. It's expensive.  
.            
#1      1800 S. Ocean Blvd., Palm Beach, Florida 33480 with 7 bedrooms, 11 baths 
and 24,000 sq.ft. is listed for sale at $46,000,000



Built in the early 20th Century, this private compound sits on nearly two-and-a-half acres of irreplaceable Palm Beach oceanfront land. Lush landscape pours across the property and encompasses the main home,guest home and several outbuildings that include multiple aviaries, a large gardener's shed and pergola covered seating areas. High on a ridge, the home is situated with optimum views to the west over the Intracoastal, while the eastern facing rooms are bathed by Atlantic Ocean sunrises. 300' of beach and oceanfront are accessed by a private gate and wooden walkway, one of many pathways that wind through the entire estate and lead to hidden sculpture gardens, ponds and pools. The Intracoastal side of the property leads you past these gardens, a small putting green and the regulation sized lap pool, down to the large dock with boatlift. The main home offers both formal and informal entertaining areas, and multiple bedrooms that each have stunning views of the ocean or the gardens to the Intracoastal














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      821 San Antonio Place, San Diego, CA 92106 with 5 bedrooms, 6 baths and 5,484 sq.ft. is listed for sale at $6,895,000.



Classic European Elegance. Unparalleled Waterfront Setting. Nearly hidden from view at the end of a Private Drive, you will find this exceedingly private .29 acre Bay front Estate w/100+ ft. of Water Frontage & Panoramic Views! Walk to Dinner, numerous Yacht Clubs, the Beach or even Paddle Board before Breakfast! Ideal for Multiple Generations to come together and celebrate all that life has to offer! 5BR/5.5BA+ Library+Office+Mud Room, 3 Car Garage+Parking for additional 8 Cars. Not to be missed!



















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 Feorgina 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

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      27341 North 102nd Street, Scottsdale, AZ 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 $1,234,800. 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      21 Greenwood Avenue, Ross, CA 94957 with 4 bedrooms, 4 baths 
and 6,030 sq.ft. is listed for sale at $8,750,000.


A classic Ross estate, 21 Glenwood Avenue is a 6,030 sq. ft. compound that includes a custom-built main residence, guesthouse, authentic Japanese teahouse, heated swimming pool and a private studio. 1.5 acres of beautiful, gated, park-like grounds offer absolute privacy, all-day sun and ample entertaining space. Views of Mt. Tamalpais and close proximity to Phoenix Lake, hiking/biking trails and top-rated schools.












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      310 West Highland Drive, Seattle, WA 98119  with 4 bedrooms, 4 baths and 4,970 sq.ft. is listed for sale at $3,750,000.


Classic architecture meets modern luxury in this spectacular property located on one of Queen Anne's most beautiful streets. You'll find four bedrooms upstairs including the en-suite master with city and Sound views, generous spaces for living, playing and entertaining, bright and open gourmet kitchen, formal dining room, private backyard patio with fountain and built in gas BBQ, a fully finished basement, radiant heat and attached garage. This home is elegant and stately, yet warm and inviting.
















Today's Top Real Estate News 



White households are more than twice as wealthy as black and Hispanic households, and their more diversified portfolios mean that a smaller portion of whites’ wealth is tied up in their homes.
Just over half the total wealth accumulated by the typical American homeowner (51.2 percent) is tied up in their primary residence, according to newly released data from the Federal Reserve Board’s Survey of Consumer Finances. The share is up slightly from 2013 (50.3 percent), but well below the 59.6 percent reported in 2007 just after the housing bubble peaked.

Looking at all American households, including renters – who obviously have no wealth in a primary residence, because they don’t own one – the typical American household had 58.5 percent of its net worth in a primary residence, up from 55.1 percent in 2013. [1]
Less affluent homeowners have more of their net worth stored in primary residences. Homeowners with the least amount of total wealth (those in the lowest one-fifth of net worth) had 65 percent of their total wealth in home equity. The most affluent homeowners (those in the top fifth of net worth) have just 20 percent of their total wealth tied to their primary residence. Compared to 2013, homeowners in all wealth segments have seen their asset concentration in their primary residence increase.
Wealth in the United States is strongly correlated with race and ethnicity. The median white homeowner in 2016 had 38.1 percent of her net worth stored in her primary residence, compared to 64.7 percent among Hispanic homeowners and 55.6 percent among black homeowners. The homeownership rate among whites is higher, and white households also tend to own pricier homes. Whites also tend to have more diversified portfolios, so their primary residence is a smaller portion of their total net worth.

Overall, the net worth of the median white household is $272,000, 2.6 times the net worth of the median black household and 2.5 times the net worth of the median Hispanic household.


Expanding the universe to all households (renters and homeowners) shows that the median black and Hispanic household has no net worth in a primary residence – because the median black and Hispanic household rents. The median white household has almost a quarter (23.5 percent) of its net worth in a home.

[1] When including renters, the median amount of wealth held in a primary home shifts toward slightly less-wealthy households, because these households are less likely to hold other financial assets.




Today's Mortgage Rates
Mortgage Rates Head Back Toward 4%
Oct 5 2017, 3:02PM

Mortgage rates moved higher today, bringing the average lender back near 4% in terms of conventional 30yr fixed quotes for top tier scenarios.  Most lenders were back in line with last Thursday's rates, which were the highest in roughly 2 months.

In terms of day to day changes, nothing about the recent mortgage rate environment is terribly alarming.  It's only when you add up each day's movement over the past 3-4 weeks that things look a bit more serious.  During that time rates have risen as much as any other comparable period of time in nearly a year.  The biggest concern would be that "this time is different" and that instead of bouncing back down into a calm, narrow range that's prevailed for most of 2017, rates continue back up into the 4's.

It's still a bit too soon to start freaking out about that eventuality, but it's just the right time to be defensive about it.  That means locking will make more sense than floating until we see a firm bounce back toward lower levels.

Tomorrow brings increased prospects for volatility due to the big jobs report (officially, the "Employment Situation") released in the morning.  This report always has the potential to push rates more quickly in either direction depending on much better or worse the numbers come in versus expectations.
                                                                                                                    52 Weeks

ProductTodayYesterdayChangeLowHigh
30 Yr FRM3.98%3.97%+0.013.52%4.39%
15 Yr FRM3.25%3.24%+0.012.84%3.61%
FHA 30 Year Fixed3.60%3.60%--3.35%4.10%
Jumbo 30 Year Fixed4.18%4.17%+0.013.66%4.60%
5/1 Yr ARM3.22%3.20%+0.022.86%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