Monday, December 11, 2017





Today's Best Mansionwww.todaysbestmansionsforsale.com

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

#1     800 South Pointe Drive, #2204, Miami, Florida with 5 bedrooms, 7 baths and 8,271 sq.ft. is listed for sale at $65,000,000


Undoubtedly the best apartment South of New York City, with the best views and location Miami has to offer. 5 bedrooms, 7 bathrooms Tri-level Penthouse with over 8,200 sq ft/interior space and 13,000 sq ft /exterior including a 7,000 sq ft rooftop terrace with private pool, jacuzzi, cabana, outdoor kitchen, movie theatre and dining. Spanning the 22nd, 23rd and 24th floors of the most luxurious and private building in Miami, this incredible apartment was conceived and designed by award winning PH design group.



















Today's Top San Diego Luxury Estates.


The median home value in San Diego County is $555,800. San Diego County home values have gone up 6.2% over the past year and Zillow predicts they will rise 2.7% within the next year
The median home value in Coronado is $1,529,100. Coronado home values have gone up 3.6% over the past year and Zillow predicts they will rise 1.4% within the next year. 

The median home value in La Jolla, 92037 is $1,532,000. 92037 home values have gone up  4.7% over the past year and Zillow predicts they will rise 2.1% within the next year.

The median home value in Solona Beach, 92075 is $1,297,500. 92075 home values have declined -0.8% 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 $1,613,200. 92014 home values have gone up 0.7% over the past year and Zillow predicts they will rise 0.5% within the next year. 

The median home value in Rancho Santa Fe is $2,650,800. Rancho Santa Fe home values have gone up 0.8% over the past year and Zillow predicts they will rise 0.9% within the next year.

#1      160 27th Street, Del Mar, CA 92014 with 3 bedrooms, 3 baths and 2,241 sq.ft. is listed for sale at $5,700,000.

 


A Del Mar Beach Colony landmark, built in 2006 and meticulously designed with stunning woodwork and craftsmanship as well as ample indoor/outdoor living space perfect for entertaining. Mere steps from the sand, this iconic home was designed by acclaimed local architect Brian Church drawing inspiration from Frank Lloyd Wright. This 3-bedroom, 3-bath custom design boasts flawless construction and impeccable quality with magnificent finishes. A rare opportunity to make this Beach Colony jewel your home.















Today's Top LA Luxury Estate.


The median home value in Orange County is $692,900. Orange County home values have gone up 4.0% over the past year and Zillow predicts they will rise 0.5% within the next year. 

The median home value in Los Angeles County is $576,900. Los Angeles County home values have gone up 6.6% over the past year and Zillow predicts they will rise 1.2% within the next year.

The median home value in Newport Beach is $1,654,500. Newport Beach home values have gone up 1.5% over the past year and Zillow predicts they will rise 0.6% within the next year. 

The median home value in Santa Monica is $1,401,400. Santa Monica home values have gone up 0.2% over the past year and Zillow predicts they will fall -0.3% within the next year

The median home value in 90049 is $2,404,100. 90049 home values have declined -0.8% over the past year and Zillow predicts they will fall -1.2% within the next year.

The median home value in Pacific Palisades is $2,743,900. Pacific Palisades home values have gone up 3.7% over the past year and Zillow predicts they will rise 0.5% within the next year.

The median home value in Malibu is $2,974,700. Malibu home values have gone up 6.6% over the past year and Zillow predicts they will rise 1.0% within the next year.

The median home value in Bel Air is $3,316,000. Bel Air home values have gone up 2.0% over the past year and Zillow predicts they will fall -0.2% within the next year.

The median home value in Beverly Hills, 90210 is $4,890,900. 90210 home values have gone up 4.5% over the past year and Zillow predicts they will rise 0.5% within the next year. 

#1      1940 Bel Air Road, Los Angeles, CA 90077 with 8 bedrooms, 15 baths 
and 17,297 sq.ft. is listed for sale at $28,500,000.



This extraordinary Italian Villa is perched on a more than half acre promontory at the end of a cul-de-sac in prime Bel Air overlooking the tranquil blue waters of the Stone Canyon Reservoir. As Bel Air's closest property to this exclusive waterfront, this private estate transports you to Italy's enchanting lake region. Just completed with 17,200+ sq.ft. & 3 levels all seamlessly connected by an elevator & smart home technology. Most rooms lead to terraces & overlook stunning views of the reservoir, canyon, city & ocean. Large motorcourt & subterranean garage. Voluminous public rooms including living room, formal dining room, office, family room, & gorgeous gourmet kitchen. 8 bdrm suites including the incredible master suite w/luxurious dual baths & closets. Home theater, billiard room w/bar, wine cellar, gym, sauna, & remarkable indoor pool & spa. The grounds are impeccable with covered & open patios, lawn, firepit, & infinity pool & spa all framed by the shimmering vistas. 























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 $248,200. Maricopa County home values have gone up 6.3% over the past year and Zillow predicts they will rise 2.9% within the next year.

The median home value in Scottsdale is $427,600. Scottsdale home values have gone up 3.6% over the past year and Zillow predicts they will rise 1.8% within the next year.

The median home value in Carefree is $745,700. Carefree home values have gone up 1.9%         over the past year and Zillow predicts they will rise 1.5% within the next year. 

The median home value in Paradise Valley is $1,621,200. Paradise Valley home values have gone up 1.9% over the past year and Zillow predicts they will rise 1.0% within the next year.

#1      5296 East Roadrunner Road, Paradise Valley, AZ 85253 with 5 bedrooms, 
7 baths and 8,459 sq.ft. is listed for sale at $$6,200,000.
Sitting high and elegantly in the coveted Paradise Valley, this custom estate is the epitome of luxury living. Designed by Mark Candeleria, and located near Paradise Valley Country Club, is a masterpiece of design and impeccable craftsmanship. The interior spaces reflect French Transitional glamour with beautiful white marble floors from the Greek Island of Thassos and limestone, marble and onyx counters. Sophisticated finishes and classic architectural elements include hand-carved groinvaulted ceilings, custom cabinetry throughout, a mahogany library and lavish spa-like master suite. The top-of-line chef?s kitchen is clad with premium finishes and opens to great room with wine room and wet bar. Entertaining abounds with state-of-the-art theatre room, separate guest house, six fireplaces and charming courtyards. Incredible views of city lights and sweeping mountains wrap around a fully tiled pool and spa, 22ft BBQ bar, fireplace and fire pit. With its elegance, serenity and unparalleled privacy, this is the ultimate estate for those who are seeking life"s best.



















Today's Top San Francisco Luxury Estate

Image result for San Francisco skyline pictures

The median home value in San Francisco County is $1,249,600. San Francisco County home values have gone up 11.8% over the past year and Zillow predicts they will rise 2.3% within the next year. 

The median home value in Marin County is $1,058,400. Marin County home values have gone up 6.1% over the past year and Zillow predicts they will rise 1.2% within the next year.

The median home value in Santa Clara County is $1,093,600. Santa Clara County home values have gone up 12.1% over the past year and Zillow predicts they will rise 5.7% within the next year.

The median home value in Sausalito is $1,326,600. Sausalito home values have gone up8.6% over the past year and Zillow predicts they will rise 0.7% within the next year. 

The median home value in Tiburon is $2,559,300. Tiburon home values have gone up 6.9% over the past year and Zillow predicts they will rise 0.9% within the next year

The median home value in Palo Alto is $2,728,800. Palo Alto home values have gone up 10.1% over the past year and Zillow predicts they will rise 5.0% within the next year.         
            
The median home value in Los Altos is $2,926,900. Los Altos home values have gone up 6.2% over the past year and Zillow predicts they will rise 3.4% within the next year.         

The median home value in Saratoga is $2,579,400. Saratoga home values have gone up 8.9% over the past year and Zillow predicts they will rise 4.9% within the next year.    

The median home value in Atherton is $6,585,600. Atherton home values have gone up 5.8% over the past year and Zillow predicts they will rise 1.8% within the next year.

#1      308 Sea Cliff Avenue, San Francisco, CA 94121 with 4 bedrooms, 5 baths 
and 4,180 sq.ft. is listed for sale at $13,000,000.


 This circa-1922 Neo-Classical Sea Cliff gem presents a new dimension of possibilities and sophisticated living. Rich with Old World architecture and boasting majestic world-class views of China Beach, the Pacific Ocean and the Marin Headlands, this gated home offers 4 Bedrooms, 4.5 Baths, formal Living Room, Dining Room, Family Room, large Kitchen with Breakfast Nook, Bonus Room, grand Spiral Staircase, lovely manicured Garden, cliffside ocean view Garden and more. This is the perfect opportunity for buyers seeking to create their own masterpiece.
























Today's Top Seattle Luxury Estate

Image result for Seattle  
The median home value in King County is $592,300. King County home values have gone up 14.2% over the past year and Zillow predicts they will rise 5.5% within the next year

The median home value in Kirkland is $706,900. Kirkland home values have gone up 18.8%  over the past year and Zillow predicts they will rise 6.5% within the next year.

The median home value in Seattle is $697,700. Seattle home values have gone up 14.1% over the past year and Zillow predicts they will rise 5.4% within the next year.

The median home value in Bellevue is $853,500. Bellevue home values have gone up 14.7% over the past year and Zillow predicts they will rise 5.5% within the next year.

The median home value in Mercer Island is $1,380,200. Mercer Island home values have gone up 6.0% over the past year and Zillow predicts they will rise 3.0% within the next year. 

.The median home value in Clyde Hill is $2,636,300. Clyde Hill home values have gone up 19.1% over the past year and Zillow predicts they will rise 7.2% within the next year.

 The median home value in Medina is $2,709,200. Medina home values have gone up 16.7% over the past year and Zillow predicts they will rise 6.3% within the next year.


#1      1555 Broadway E, Seattle, WA 98102 with 3 bedrooms, 4 baths and 7,100 sq.ft. is listed for sale at $2,500,000.





Bring your contractor and restore this once amazing home to it's original glory! This property is assessed at over $3.8million- major repairs are needed. *Pictures Do Not Reflect Current Condition*. Designed by Stuart Silk in 2002, this contemporary masterpiece is a sophisticated blend of metals, warm woods and walls of windows. The gated park-like setting offers privacy and sweeping Lake Union, Mountain and city views. Over 7000 sq.ft. of living space on three levels plus 2 car garage with loft.







Today's Best Mortgage Rates
Rates Stay Higher After Jobs Report and Shutdown Bill
Dec 8 2017, 2:28PM

Mortgage rates moved modestly higher today, although some lenders were right in line with yesterday's levels (especially those who raised rates in response to market weakness yesterday afternoon).  Either way, today's rates are pretty darn close to yesterday's and very much inside the recent range.

The Labor Department announced that 228k new jobs were created in November, stronger than the median forecast of 200k.  These so-called "nonfarm payrolls" add up to the most widely followed metric on the health of the labor market in the US.  On most other occasions, the report would create a more meaningful response in rates (which tend to rise when jobs growth is strong).  In the current case, market participants are more interested to see how various legislative efforts develop--especially the tax bill.  

Part of yesterday's bond market weakness had to do with bipartisan efforts to avert a government shutdown.  Another temporary bill was signed by Trump today which funds the government for another 2 weeks.  Rates responded by leveling-off just above yesterday's highs.  

The movement wasn't enough to change actual interest rate quotes on mortgages (i.e. "NOTE rates").  Instead, changes would be seen in the form of higher closing costs for the same rates quoted yesterday.                                                                    
                                                                                                                         52 Week

ProductTodayYesterdayChangeLowHigh
30 Yr FRM3.97%3.97%--3.84%4.39%
15 Yr FRM3.31%3.31%--3.12%3.61%
FHA 30 Year Fixed3.60%3.60%--3.35%4.10%
Jumbo 30 Year Fixed4.14%4.14%--4.10%4.60%
5/1 Yr ARM3.21%3.20%+0.012.98%3.25%
Today's Top Real Estate News Article

Monaco, Geneva, Singapore have highest percentage of ultra-wealthy residents. New York tops the overall ultra-high net worth ‘’footprint,” says Wealth X

By Fang Block
Mansion Global

http://paradiseintheworld.com/wp-content/uploads/2012/02/monaco-wallpaper.jpg

Two city-states, Monaco and Singapore, as well as Geneva, Switzerland, claimed the top three spots in a ranking of the world’s highly-concentrated cities for ultra-high-net-worth individuals, according to a report Thursday by Wealth X, a global wealth information provider.  

In Monaco, one out of every 56 people is ultra-high net worth, those whose assets are worth at least US$30 million, the highest density out of the 30 global cities ranked in The Wealth-X City Residential Index 2017.

Geneva, the global hub for banking and diplomacy, came in second. With an estimated population of 490,000, it has one ultra-high net worth individual out of every 221 residents. There are 210 ultra-high net worth residents who live primarily in the city, in addition to the 2,005 people who own second homes there.

Meanwhile, Singapore has one super-rich resident living among every 707 people.


The index takes into consideration all residential addresses of the ultra-wealthy, discounting their official residence or country of origin.

New York City still has highest concentration of the ultra-wealthy, overall. A total of 14,574 world’s super-rich have their primary homes and/or vacation homes in the Big Apple.
London, Los Angeles, Hong Kong, Singapore and San Francisco are ranked second to sixth in the overall concentration of the ultra wealthy.

Despite a recent surge in the number of billionaires, India’s New Delhi and Mumbai occupied the bottom two spots in the concentration index.

Global Cities With Most Ultra-High-Net-Worth Residents


Source: Wealth X

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