Friday, November 24, 2017


Today's Best Mansionwww.todaysbestmansionsforsale.com.

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


#1     624 North Bonhill Road, Los Angeles, CA 90049 with 9 bedrooms, 14 baths and 3,529 sq.ft. is listed for sale at $35,000,000.


Exclusive East Coast Traditional Estate on 1.89 (appx) acres. Sited down a long private driveway, "The Point" is the ultimate in traditional detail combined with modern finishes. Years in the making, this incredible estate offers 9 bedrooms and 14 baths. Public rooms include formal living room, wood-paneled library, family room overlooking pool, gourmet kitchen, formal dining room (full catering kitchen), screening room for 10 guests, billiards room, 3 bars, gym and wellness area. Master suite with foyer, sitting room, dual baths in slab marble and magnificent walk in closets. All bedrooms generous with custom marble baths. 69 ft infinity pool, large lawn and terraces off all the major rooms. Additional amenities include: 1000 bottle wine cellar, Crestron home automation, 2 bedroom staff suite with separate kitchen and elevator. 3 car garage for "everyday" use and spectacular "car museum" for additional 12 vehicles. One of the most rare estate offerings on the Westside. 





















Today's Top San Diego Luxury Estates

      
The median home value in San Diego County is $553,900. San Diego County home values have gone up 6.5% over the past year and Zillow predicts they will rise 2.9% within the next year.

The median home value in Coronado is $1,481,600. Coronado home values have gone up 2.5% over the past year and Zillow predicts they will rise 0.6% within the next year. 

The median home value in La Jolla 92037 is $1,544,300. 92037 home values have gone up 6.9% over the past year and Zillow predicts they will rise 2.4% within the next year.         

The median home value in Solona Beach 92075 is $1,295,200. 92075 home values have declined -3.0% over the past year and Zillow predicts they will rise 2.6% within the next year.

The median home value in  Del Mar 92014 is $1,616,500. 92014 home values have gone up 2.5% over the past year and Zillow predicts they will rise 1.4% within the next year.

The median home value in Rancho Santa Fe is $2,682,700. Rancho Santa Fe home values have gone up 3.1% over the past year and Zillow predicts they will rise 1.1% within the next year.

#1      911 1st Street, Coronado, CA 92118 with 4 bedrooms, 6 baths and 5,646 sq.ft. is listed for sale at $6.499,000.


Magnificent Coronado Bay front home at fabulous price. Out of almost every room, there is constant change and excitement from this amazing property. Situated discreetly off of 1st St, home has minimal maintenance and maximum enjoyment! Exquisite finishes with artistic use of stone, bronze and custom glass. Elevator services all 3 floors with one bdrm on entry level. 3 car garage plus small boat garage on bay side with ramp and gate to access bay from your own home.













Today's Top LA Luxury Estate.


The median home value in Orange County is $691,600. Orange County home values have gone up 4.3% over the past year and Zillow predicts they will rise 0.8% within the next year.

The median home value in Los Angeles County is $574,400. Los Angeles County home values have gone up 6.7% over the past year and Zillow predicts they will rise 1.4% within the next year.

The median home value in Newport Beach is $1,633,100. Newport Beach home values have gone up 1.6% over the past year and Zillow predicts they will rise 1.9% within the next year. 

The median home value in Santa Monica is $1,398,900. Santa Monica home values have gone up 0.3% over the past year and Zillow predicts they will fall -0.1% within the next year.

The median home value in Brentwood 90049 is $2,391,500. 90049 home values have gone up 0.6% over the past year and Zillow predicts they will fall -0.9% within the next year.

The median home value in Pacific Palisades is $2,724,500. Pacific Palisades home values have gone up 4.4% over the past year and Zillow predicts they will rise 0.9% within the next year.

The median home value in Malibu is $2,958,800. Malibu home values have gone up 8.5% over the past year and Zillow predicts they will rise 1.3% within the next year.

The median home value in Bel Air is $3,316,800. Bel Air home values have gone up 3.7% over the past year and Zillow predicts they will rise 0.2% within the next year

The median home value in Beverly Hills 90210 is $4,855,000. 90210 home values have gone up .54% over the past year and Zillow predicts they will rise 0.8% within the next year.

#1      1199 South El Molino Avenue, Pasadena, CA 91106 with 6 bedrooms, 4 baths and 8,504 sq.ft. is listed for sale at $7,880,000.


This Craftsman/English Tudor Revival is a stunning example of acclaimed architect Myron Hunt's work, updated and masterfully enhanced with all the amenities and expectations of today's buyers while keeping perfect harmony with the past. The grand foyer leads you to the living room with the first of 6 fireplaces throughout the home. Sun room, overlooking the pool, formal dining room, Butler's pantry, kitchen with center island and family room plus the library and 2 powder rooms complete the 1st floor. Master bedroom, with FP on 2nd floor with en suite bath, huge dressing room/closet, plus separate exercise room, 2 bedroom suites, 3 more bedrooms, bath and laundry room. 3rd floor hosts the immense game room with FP plus extra attic storage. There is a 2 bed, 1 bath GH with kitchen & living room, approx. 927 sf(M), above the 3 car garage with additional room, workshop, changing room and bath. Outdoor kitchen/patio area with pizza oven, magnificent gated grounds with secluded pool. Recently the owner spent near ONE Million dollar for the upgrade and remodel. A must see property! 













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 $246,900. Maricopa County home values have gone up 6.4% over the past year and Zillow predicts they will rise 2.8% within the next year.

The median home value in Scottsdale is $427,700. Scottsdale home values have gone up 3.9% over the past year and Zillow predicts they will rise 1.9% within the next year. 

The median home value in Carefree is $744,800. Carefree home values have gone up 3.8% over the past year and Zillow predicts they will rise 1.7% within the next year

The median home value in Paradise Valley is $1,616,600. Paradise Valley home values have gone up 2.8% over the past year and Zillow predicts they will rise 1.5% within the next year.

#1     19054 North 97th Place, Scottsdale, AZ 85255 with 4 bedrooms, 5 baths and 6,057 sq.ft. is listed for sale at $3,495,000.


The best of Silverleaf. Authentic and charming, this magnificent Spanish Revival custom estate is the result of the superb craftsmanship of builder Eric Linthicum of Linthicum Custom Builders, and architect Gene Kniaz of Spiral Architects. This home features traditional Spanish contemporary influences including three coat exterior plaster as well as hand plaster interior walls. Quality finishes throughout compatible with Santa Barbara Spanish style architecture including handmade tiles, wood floors, beam ceilings and hand painted windows. Unique features include gourmet kitchen with well-appointed butlers pantry, master suite that opens to an outdoor courtyard with fireplace, spa & private patio shower and separate guesthouse. Outdoor entertaining is easy with a pool cabana, generous covered patios, old growth ironwood trees and massive saguaros that surround the classically styled pool and spa. Situated on a private homesite bordering open space in the Arcadia neighborhood of Silverleaf. 













Today's Top San Francisco Luxury Estate

Image result for San Francisco skyline pictures

The median home value in San Francisco County is $1,237,100. San Francisco County home values have gone up 11.0% over the past year and Zillow predicts they will rise 2.3% within the next year.

The median home value in Marin County is $1,044,300. Marin County home values have gone up 5.8% over the past year and Zillow predicts they will rise 1.7% within the next year. 

The median home value in Santa Clara County is $1,068,000. Santa Clara County 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 $1,292,200. Sausalito home values have gone up 7.2% over the past year and Zillow predicts they will rise 1.3% within the next year.                
The median home value in Tiburon is $2,510,000. Tiburon home values have gone up 5.7% over the past year and Zillow predicts they will rise 0.7% within the next year. 

The median home value in Palo Alto is $2,695,000. Palo Alto home values have gone up 8.3% over the past year and Zillow predicts they will rise 2.9% within the next year.

The median home value in Los Altos is $2,873,100. Los Altos home values have gone up 4.5% over the past year and Zillow predicts they will rise 1.5% within the next year

The median home value in Saratoga is $2,560,300. Saratoga home values have gone up 8.5% over the past year and Zillow predicts they will rise 2.9% within the next year.   

The median home value in Atherton is $6,440,300. Atherton home values have gone up 4.5% over the past year and Zillow predicts they will rise 1.7% within the next year. 

#1     2985 Wild Turkey Run, Santa Rosa, CA 95404 with 5 bedrooms, 6 baths and 5,730 sq.ft. is listed for sale at $7,800,000.




Nestled naturally into the undulating landscape of Wine Country near Sonoma Valley’s Glen Ellen, this estate was created over time and feels as much a part of the terrain as the trees and vineyards that surround it. Though the approximately 5,500-square-foot residence takes its inspiration from timeless Old World villas with warm stucco walls draped in emerald ivy, rugged barrel-tiled rooflines, Venetian plaster surfaces, decorative wrought-iron accents, regal French doors, and clerestory windows — it is decidedly contemporary, with clean modern lines found throughout the sophisticated interiors with iconic views.
















Today's Top Seattle Luxury Estate

Image result for Seattle  
The median home value in King County is $589,700. King County home values have gone up 14.8% over the past year and Zillow predicts they will rise 6.3% within the next year.

The median home value in Kirkland is $700,000. Kirkland home values have gone up 18.6%  over the past year and Zillow predicts they will rise 7.2% within the next year.

The median home value in Seattle is $695,600. Seattle home values have gone up 14.6% over the past year and Zillow predicts they will rise 6.1% within the next year.

The median home value in Bellevue is $846,500. Bellevue home values have gone up 15.0% over the past year and Zillow predicts they will rise 6.0% within the next year.

The median home value in Mercer Island is $1,391,900. Mercer Island home values have gone up 8.5% over the past year and Zillow predicts they will rise 4.0% within the next year.

The median home value in Clyde Hill is $2,646,700. Clyde Hill home values have gone up 19.8% over the past year and Zillow predicts they will rise 7.8% within the next year.             

The median home value in Medina is $2,698,700. Medina home values have gone up 18.5% over the past year and Zillow predicts they will rise 6.5% within the next year.

#1     2681 SW 151st Place, Burien, WA 98166 with 4 bedrooms, 5 baths and 5878 sq.ft. is listed for sale at $3,698,000.


Iconic Contemporary home. Within the privacy of a sheltered wft enclave, stands this spectacular structure of glass, wood and metal designed by award-winning architect: a true NW masterpiece interweaving dramatic lines and warm elements. Among its many incredible features: state-of-the-art systems and technology, true Chefs kitchen w/commercial grade quality, 4 master-suites, elevator to all levels, roof deck, kitchenette, shop, media and wine rooms. An incredible property min to Seattle and the airport.












Today's Best Mortgage Rates

Mortgage Rates Move Modestly Lower Ahead of Holiday
Nov 22 2017, 2:55Pm

Mortgage rates fell modestly today, with bond market strength both before and after the release of the Fed Minutes (a more detailed account of the Fed meeting that took place 3 weeks ago).  Stronger bond markets correlate with lower rates. 

Bonds tend to benefit from weak economic data, low inflation expectations, and an accommodative monetary policy stance from the Fed.  Today's economic data was generally weaker, but of particular importance at the moment were the inflation expectations in the consumer sentiment data, which came in near the lowest levels since the financial crisis.  The Fed Minutes also mentioned some concern over intractably low inflation, though they continue to expect a rebound based on a strong labor market.

Bond markets are already well aware the Fed is planning on hiking in December, so the smattering of inflation-related doubt was a net-positive for rates.  The average lender is still quoting conventional 30yr fixed rates near or just under 4.0% on top tier scenarios.  Most borrowers would see today's improvement in the form of slightly lower upfront costs.
Mortgage banks are closed Tomorrow for Thanksgiving and lenders won't be issuing rate sheets.  Friday is technically a half-day for bond markets, but availability of new rates and the ability to lock them varies widely.  Many lenders simply republish the same rate sheets from the Wednesday before Thanksgiving.
                                                                                                                              52 Weeks

ProductTodayYesterdayChangeLowHigh
30 Yr FRM3.96%3.98%-0.023.84%4.39%
15 Yr FRM3.30%3.32%-0.023.12%3.61%
FHA 30 Year Fixed3.60%3.65%-0.053.35%4.10%
Jumbo 30 Year Fixed4.16%4.18%-0.024.10%4.60%
5/1 Yr ARM3.18%3.17%+0.012.98%3.25%
Today's Top Real Estate News Article

Slight Gains for Custom Home Building


NAHB’s analysis of Census Data from the Quarterly Starts and Completions by Purpose and Design survey indicates ongoing expansion of the volume of custom home building but slight declines in terms of overall market share.

http://eyeonhousing.org/wp-content/uploads/2017/11/custom-3q17.jpg

Over the last four quarter period, ending with the third quarter of 2017, there were 173,000 total custom single-family home starts, an increase of more than 2% over the previous four quarters. Custom building starts (not for sale, owner-built and contractor-built homes) totaled 51,000 during the third quarter of 2017. Note that this definition of custom home building does not include homes intended for sale, so the analysis uses a narrow definition of the sector.

As measured on a one-year moving average, the market share of custom home building in terms of total single-family starts is now 21%, down from a cycle high of 31.5% set during the second quarter of 2009.

The onset of the housing crisis and the Great Recession interrupted a 15-year long trend away from homes built on the eventual owner’s land. As housing production slowed in 2006 and 2007, the market share of this not-for-sale new housing increased as the number of single-family starts declined. The share increased because the credit crunch made it more difficult for builders to obtain AD&C credit, thus producing relatively greater production declines of for-sale single-family housing.

The market share for custom home building will likely experience ups and downs in the quarters ahead as the overall single-family construction market expands. Recent declines in market share are due to an acceleration in overall single-family construction. For a look at the geography of custom home building, read this recent review of 2016 data.

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