Tuesday, December 12, 2017


Today's Best Mansionwww.todaysbestmansionsforsale.com

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

#1      1000 Spraddle Creek Road, Vail, Colorado 81657 with 5 bedrooms, 9 baths 
and 12,221 sq.ft. is listed for sale at $24,900,000


Enjoy endless sunshine and magnificent panoramic views of Vail Mountain from every room in this breathtaking home located in Vail's most exclusive, gated neighborhood. Boasting over 12,000 square feet, this 5 bedroom, 9 bath home with office tower, movie theatre, spacious home gym with steam shower, glass enclosed wine cellar, craft room, elevator, detached massage hut, and oversized 4 car garage. Over 2,900SF of heated patios with custom infinity pool, pizza oven, fire pit, and water feature.




















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    1625 Plumosa Way, San Diego, CA 92103 with 4 bedrooms, 4 baths 
and 4,743 sq.ft. is listed for sale at $3,500,000.



The Jarvis L. Doyle House, historically designated with Mills Act, elegantly reflects Requa's style transition from Mission to Mediterranean. Lush canyon and manicured gardens surround this idyllic home where spacious downstairs rooms open to inviting terraces. Stunning kitchen remodel seamlessly incorporates original detailing. Lower level family room opens to side terrace. Upstairs floor plan features master suite, three additional bedrooms, enclosed sleeping porches and sitting room/study.
















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      31310 Broad Beach Road, Malibu, CA 90265 with 3 bedrooms, 3 baths 
and 2,340 sq.ft. is listed for sale at $9,995,000.



The perfect beachfront pied-à-terre. Escape to perfection in this idyllic gated jewel box that has been restored and beautifully updated. White walls, lime stone and clean finishes throughout. 3 bedrooms and 3 baths, with a large high ceiling living room, walls of glass looking out to the ocean, large private beach side decks, and private gated motor courtyard.












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      19486 North 104th Street, Scottsdale, AZ 85255 with 4 bedrooms, 5 baths 
and 7,010 sq.ft. is listed for sale at $5,995,000.



This is as good as it gets - Horseshoe Canyon of Silverleaf, 7000 square feet, single story, Southern exposure and views that go on forever from oversized, spectacular windows. This beautiful Formal Mediterranean home sits on 2.15 acres, with spectacular estate grounds, gardens, lovely pool and spa, pool cabana, fireplaces and water features. Built by Salcito Custom Homes, the quality of construction and finishes and certainly the style is superb and the photos speak for themselves. Currently 4 bedrooms in the home, but a detached garage is plummed and designed for a perfect guest home.

















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      200 Brannan Street, San Francisco, CA 94107 with 3 bedrooms, 4 baths and 1,512 sq.ft. is listed for sale at $4,250,000.

200 Brannan St Apt 408, San Francisco, CA 94107

South Beach luxury loft/condo with HUGE 17 foot floor-to-ceiling windows. Full of natural light, this home has the perfect blend of openness and privacy. Offering two bedrooms and two full bathrooms, this unit hosts a gourmet kitchen with granite counter tops, stainless appliances with beautiful cabinets, lots of closet space throughout, deep espresso Oak hardwood floors, open loft area, in-unit laundry and more. Gas range, central heat and air conditioning, 24 hour personnel, concierge and full fitness center, this is a great unit in the best South Beach location.










200 Brannan St Apt 408, San Francisco, CA 94107
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      6856 49th Avenue NE, Seattle, WA 98115 with 5 bedrooms, 4 baths 
and 4,012 sq.ft. is listed for sale at $2,450,000.




If you could pick any location in View Ridge to live, wouldn't it be the highest point, w/the best of Seattle water, city & mountain views? It's your lucky day, because this modern beauty checks all the boxes. 3 decks=640sf of additional outdoor living to your 7400sf lot. 4 bdrms up, include luxurious master suite, plus 1 bdrm on the main w/ 3/4 bath, & 2nd laundry. Dining room, chef's kitchen w/pantry, wet bar, open-concept living & bonus room w/garden access- Perfect layout for entertaining!


















Today's Best Mortgage Rates
Mortgage Rates Unchanged to Slightly Higher
 
Dec 11 2017, 5:13PM


Mortgage rates moved modestly higher for the 3rd straight business day, making for a moderate correction from the last Wednesday's 1-month lows.  In the recent context, talking about "1-month lows" and 3-day losing streaks is actually far too dramatic when it comes to the actual movement in rates. Most prospective borrowers would be seeing the same rates as last week with the only differences being a slight adjustment in the upfront costs.  Even then, many lenders are perfectly unchanged over the past 2 days.  Point being: rate volatility has been calm with few exceptions.

Today's weakness (i.e. bond market weakness, which corresponds to higher rates) was driven by weak demand at today's 10yr Treasury auction.  Mortgage rates aren't based directly on Treasuries, but the latter provide big-picture cues for nearly all domestic interest rates.  Mortgages are no exception.

Investors are hesitant to let Treasuries run too far in either direction before seeing what the Federal Reserve has to say about its future rate hike outlook this Wednesday.  Tax bill headlines are also a looming risk although we're not expecting any earth-shattering updates on that front this week.

                                                                                   52 Week
ProductTodayYesterdayChangeLowHigh
30 Yr FRM3.98%3.97%+0.013.84%4.39%
15 Yr FRM3.32%3.31%+0.013.12%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 ARM3.20%3.21%-0.012.98%3.25%


Today's Top Real Estate News Article
Increased Delinquency Not a Sign of Distress - Hurricanes to Blame
 

Loans performed well in September, continuing to erase most of the last vestiges of the market's Great Recession distress.  The CoreLogic Performance Insights Report for the month says the national delinquency rate is now 5.0 percent. This ties September with August as the lowest rate since 2007. With the rate so low, measures of improvement are becoming slim. The September rate represents only an 0.2 percent year-over-year decline.
Early-stage delinquencies, loans that are 30 to 59 days past due, rose 0.3 percent from a year earlier to 2.4 percent. 

CoreLogic's chief economist Frank Nothaft said this increase, the largest since June 2009, was not an indication of any deterioration in credit but reflected the impact of the late summer hurricanes on Texas, Florida, and Puerto Rico. "September's early-stage delinquency transition rate rose to 2.6 percent in Texas and it rose to 3.2 percent in Florida, which is higher than the 1 percent that's typical for both states. Texas and Florida's early-stage delinquency transition rates in September are much lower than New Orleans in September 2005 when the transition rate reached 17.4 percent as a result of Hurricane Katrina."



The share of mortgages that were 60-89 days past due in September was 0.7 percent, unchanged from September 2016, while the serious delinquency rate, loans over 90 days late, declined from 2.3 percent to 1.9 percent year-over-year. The serious delinquency rate has been 1.9 percent since June of this year and are the lowest rates since October 2007 when it was also 1.9 percent.  

As of September 2017, the foreclosure inventory rate, which measures the share of mortgages in an active stage of foreclosure, was 0.6 percent, down from 0.8 percent in September 2016.  This was unchanged from August giving those two months the lowest foreclosure inventory rate since June 2007 when it was also 0.6 percent.  The September inventory was the lowest for any September since 2006.

CoreLogic also analyzes transition rates, which indicate the percentage of mortgages moving from one stage of delinquency to the next. The share of mortgages that transitioned from current to 30 days past due was 1.3 percent in September 2017, up from 0.9 percent in September 2016. The September rate was the highest for any month since November 2014 when it was 1.4 percent.  This could be partially due to the transition rates in the two hurricane impacted states announced by Nothaft.  By comparison, in January 2007, just before the start of the financial crisis, the current-to-30-day transition rate was 1.2 percent and it peaked in November 2008 at 2 percent.

The state with the highest delinquency rate remains Louisiana, at 8.2 percent. This is, however, an improvement year-over-year of 0.9 point. Trailing distantly is New York with a 7.1 percent rate, down from 7.9 percent, and New Jersey at 7.0. That rate dropped from 8.4 percent a year earlier.

"While natural hazard risk was elevated in 2017, the economic fundamentals that drive mortgage credit performance are the best in two decades," said Frank Martell, president and CEO of CoreLogic. "The combination of strong job growth, low unemployment rates, steady economic performance and prudent underwriting has led to continued improvement in mortgage performance heading into next year."
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