Tuesday, December 26, 2017




Today's Best Mansionwww.todaysbestmansionsforsale.com

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

#1      4701 Pine Tree Drive, Miami Beach, Florida with 12 bedrooms, 15 baths and 19,350 sq.ft. is listed for sale at $29,500,000



This magnificent two-story waterfront Italian Estate known as "Villa Sole" on prestigious Pinetree Dr is truly a masterpiece of luxury and elegance. This gated estate offers a 44,374 SF lot and 100 FT of Intracoastal WF. The estate features a Great Room w/soaring ceiling, marble and rich wood floors, movie theater, gym, spa/salon, game room/bar and family room. 3rd-story rooftop terrace offers 360-degree views over Intracoastal and city. Includes 2 guest houses, lighted tennis and basketball court, raised infinity edge pool, private dock and 2 Summer kitchens. Additionally, the adjacent vacant lot at 4721 Pinetree Dr is also available for sale. If purchased together, the properties offer a massive 88,274 SF of land and 200 FT of WF on the Intracoastal, w/access to the Atlantic Ocean and Biscayne Bay.




















Today's Top San Diego Luxury Estates.


The median home value in San Diego County is $560,800. San Diego County home values have gone up 6.6% over the past year and Zillow predicts they will rise 3.7% within the next year
The median home value in Coronado is $1,553,700. Coronado home values have gone up 3.5% over the past year and Zillow predicts they will rise 2.7% within the next year. 

The median home value in La Jolla, 92037 is $1,573,200. 92037 home values have gone up  6.4% over the past year and Zillow predicts they will rise 3.7% within the next year.

The median home value in Solona Beach, 92075 is $1,277,500. 92075 home values have increased 8.1% over the past year and Zillow predicts they will rise 3.6% within the next year.  


The median home value in Del Mar, 92014 is $1,678,200. 92014 home values have gone up 2.9% over the past year and Zillow predicts they will rise 2.7% within the next year. 

The median home value in Rancho Santa Fe is $2,733,200. Rancho Santa Fe home values have gone up 4.1% over the past year and Zillow predicts they will rise 2.9% within the next year.

#1      855 Alameda Blvd. Coronado, CA 92118 with 5 bedrooms, 6 baths 
and 4,253 sq.ft. is listed for sale at $3,250,000.

855 Alameda Blvd, Coronado, CA 92118

French Colonial Historic Home with recently approved plans by the Historic Resource Commission. Currently house is about 4,250 sf on a large approx. 10,500 sf lot. This home has lots of classic details including hardwood oak floors, crown molding, corner hutches & covered patios. Fireplaces in the master bedroom, living room, den and covered outside patio. Plans allow for addition of approximately 1,550 sf. in living space if desired for a total of approx. 5,800 sf with 7 bedrooms.

855 Alameda Blvd, Coronado, CA 92118

855 Alameda Blvd, Coronado, CA 92118

855 Alameda Blvd, Coronado, CA 92118

Approved plans for expansion and renovation.

855 Alameda Blvd, Coronado, CA 92118



Today's Top LA Luxury Estate.


The median home value in Orange County is $692,900. Orange County home values have gone up 4.1% over the past year and Zillow predicts they will rise 1.7.% within the next year. 

The median home value in Los Angeles County is $588,000. Los Angeles County home values have gone up 67.8% over the past year and Zillow predicts they will rise 2.6% within the next year.

The median home value in Newport Beach is $1,704,700. Newport Beach home values have gone up 4.3% over the past year and Zillow predicts they will rise 2.2% within the next year. 

The median home value in Santa Monica is $1,502,700. Santa Monica home values have gone up 7.9% over the past year and Zillow predicts they will rise 2.1% within the next year.

The median home value in Pacific Palisades is $2,884,200. Pacific Palisades home values have gone up 7.9% over the past year and Zillow predicts they will rise 2.8% within the next year.

The median home value in Malibu is $3.081,600. Malibu home values have gone up 8.1% over the past year and Zillow predicts they will rise 3.0% within the next year.

The median home value in Bel Air is $3,455,900. Bel Air home values have gone up 5.0% over the past year and Zillow predicts they will rise 2..2% within the next year.

The median home value in Beverly Hills, 90210 is $5,092,600. 90210 home values have gone up 7.5% over the past year and Zillow predicts they will rise 2.5% within the next year

#1      338 Whispering Pines, Aracadia, CA 92006 with 6 bedrooms, 7 baths 
and 6,064 sq.ft. is listed for sale at $5,800,000.



180-degree view of L.A. in the Whispering Pines Estates gated community with 24-hour security guard patrol and award-winning Arcadia Unified School District. Step through a double-door into the 2-story foyer with a crystal chandelier. Left of the entry is a handsome living room with bay windows and a fireplace while a stately formal dining room anchors the right. Marble flooring spans the ground floor while oak wood flooring graces the second. A guest suite, spacious family room and large open kitchen line the rear of the house--each with their own French doors that lead to the manicured yard in the rear. Family room features a statement fireplace, built-in cabinetry, in-wall speakers and drop-down projector. Kitchen is equipped with professional-grade appliances, built-in refrigerator, ample cabinetry, granite counter top and food warmer at the serving buffet. A maid's quarter and laundry room with direct access to 3-car garage completes the ground floor. Entertain outdoors with mosaic tiled heated pool & spa, terrace and built-in BBQ gazebo. A central spiral stairway leads up to a loft/office adjacent to the master's suite. Master suite features a large balcony, fireplace, wet bar and refrigerator, walk-in closet and a luxurious master bath (including steam shower & jet-stream tub). Three other bedrooms suites complete the second floor. This sought-after community rarely has homes on the market. Seize this opportunity! 

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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 $251,200. Maricopa County home values have gone up 7.1% over the past year and Zillow predicts they will rise 3.0% within the next year.

The median home value in Scottsdale is $434,700. Scottsdale home values have gone up 5.0% over the past year and Zillow predicts they will rise 2.4% within the next year.

The median home value in Carefree is $747,800. Carefree home values have gone up 0.8% over the past year and Zillow predicts they will rise 1.3% within the next year. 

The median home value in Paradise Valley is $1,638,100. Paradise Valley home values have gone up 2.2% over the past year and Zillow predicts they will rise 1.5% within the next year.

#1      8100 North 68th Street, Paradise Valley, AZ 85253 with 5 bedrooms, 8 baths and 17,912 sq.ft. is listed for sale at $16,500,000.



Romantic Urban Villa in the heart of Paradise Valley. This palatial Mediterranean estate is a master class in what can be achieved with the worlds finest materials, a renowned team of artisans, and an unlimited budget.Designed by Juan Sandoval following the format of 17th Century Colonial architecture, but with every modern convenience. This magnificent home is unparalleled in its construction quality and architectural precision. Every 2 acre part of this estate was designed and built in over a ten year period. Two spectacular central courtyards. One for gardens and fountains, the other for a stunning 60X60 foot pool. The design of the home guarantees beauty from every room, and a level of security unmatched by even the most advanced technology. DO NOT MISS MOTION VIDEO! To pass through the gates is to be transported to another place in time.





























Today's Top San Francisco Luxury Estate

Image result for San Francisco skyline pictures

The median home value in San Francisco County is $1,276,000. San Francisco County home values have gone up 12.9% over the past year and Zillow predicts they will rise 4.3% within the next year. 

The median home value in Marin County is $1,081,500. Marin County home values have gone up 7.2% over the past year and Zillow predicts they will rise 3.9% within the next year.9
The median home value in Santa Clara County is $1,152,300.  Santa Clara County home values have gone up 17%.6 over the past year and Zillow predicts they will rise 8.8% within the next year.

The median home value in Sausalito is $1,362,900. Sausalito home values have gone up 6.2% over the past year and Zillow predicts they will rise 3.9% within the next year. 

The median home value in Tiburon is $2,580,200. Tiburon home values have gone up 5.4% over the past year and Zillow predicts they will rise 3.4% within the next year

The median home value in Palo Alto is $2,883,600. Palo Alto home values have gone up 15.6% over the past year and Zillow predicts they will rise 8.4% within the next year.         
            
The median home value in Los Altos is $3,118,100. Los Altos home values have gone up 13.1% over the past year and Zillow predicts they will rise 7.3% within the next year.         

The median home value in Saratoga is $2,715,800. Saratoga home values have gone up 14.5% over the past year and Zillow predicts they will rise 8.2% within the next year.    

The median home value in Atherton is $6,939,400. Atherton home values have gone up 11.8% over the past year and Zillow predicts they will rise 4.3% within the next year.

#1      6 Cibrian Drive, Belvedere Tiburon, CA 84820 with 5 bedrooms, 6 baths 
and 6,871 sq.ft. is listed for sale at $5,350,000.


STUNNING CONTEMPORARY ESTATE! Nestled in an exclusive enclave of Tiburon's finest estates, this 5 bedroom, 4 full and 2 half bath estate offers sweeping views spanning Mount Tamalpais and across the Bay. The easy flowing floorplan offers the ultimate for relaxed California living. This residence embodies a contemporary style offering a wonderful feeling of space and light. This incredible property is approximately 6,871 +/- sqft, (including guest house), custom built by the original owner. It is perfectly situated on an approximate acre of land, thoughtfully designed enabling each room to take advantage of the unparalleled views of the water.
















Today's Top Seattle Luxury Estate

Image result for Seattle  
The median home value in King County is $602,200. King County home values have gone up 15.3% over the past year and Zillow predicts they will rise 6.3% within the next year

The median home value in Kirkland is $717,100. Kirkland home values have gone up 20.1%  over the past year and Zillow predicts they will rise 7.2% within the next year.

The median home value in Seattle is $708,600. Seattle home values have gone up 15.3% over the past year and Zillow predicts they will rise 6.2% within the next year.

The median home value in Bellevue is $871,100. Bellevue home values have gone up 16.6% over the past year and Zillow predicts they will rise 6.3% within the next year.

The median home value in Mercer Island is $1,422,600. Mercer Island home values have gone up 7.9% over the past year and Zillow predicts they will rise 4.2% within the next year. 

.The median home value in Clyde Hill is $2,650,900. Clyde Hill home values have gone up 18.7% over the past year and Zillow predicts they will rise 7.1% within the next year.

 The median home value in Medina is $2,708,900. Medina home values have gone up 14.1% over the past year and Zillow predicts they will rise 6.3% within the next year.


#1      1224 Shark Reef Road, Lopez Island, WA 98261 with 4 bedrooms, 4 baths and 3,916 sq.ft. is listed for sale at $3,290,000.


Artfully designed by renowned Heliotrope of Seattle - it is difficult to imagine the real world exists. To gaze at the water from this memorable 3926sf modern masterpiece, this visionary inspiration on over 5 glorious acres at coveted Shark Reef captures views over San Juan Channel to the Cattle Point lighthouse and beyond. Intentionally designed with age-in-place in mind, this home is a seamless blend and sensible balance of flow, form, and function, reflecting the grandeur of the setting.

















Today's Best Mortgage Rates
Mortgage Rates Barely Budge as Markets Head Home For Holidays
Dec 22 2017
Mortgage rates didn't move much today, which is a victory unto itself on a week with 3 of the worse consecutive days of the year.  In fact, lenders that changed rates at all today generally offered slight improvements in terms of upfront costs.  In other words, quoted rates remained unchanged, but some lenders slightly decreased the costs associated with those rates (or increased the available lender credit) by a fraction of a point.

Despite the presence of several economic reports that would typically have some impact on intraday rate movements, bond markets were stone silent today--a reflection of the impending holiday weekend.  Lenders will of course be closed on Monday for Christmas.  In the shortened week that follows, lenders tend to play things fairly conservatively, meaning risk and reward for floating are both muted (risk is muted because the conservative strategies are already in place).2 Week

                                                                                                                       52 Week

ProductTodayYesterdayChangeLowHigh
30 Yr FRM4.09%4.10%-0.013.84%4.39%
15 Yr FRM3.41%3.42%-0.013.12%3.61%
FHA 30 Year Fixed3.75%3.75%--3.35%4.05%
Jumbo 30 Year Fixed4.24%4.25%-0.014.10%4.60%
5/1 Yr ARM3.24%3.25%-0.012.98%3.25%
Today's Top Real Estate News Article
Home Price Increases Outpace Inflation by 3x
Dec 26 2017, 10:28AM


Prices maintained their upward trajectory in October, with gains on a national level outstripping those in September.  The S&P CoreLogic Case-Shiller U.S. National Home Price Index, which covers all nine U.S. census divisions, rose 6.2 percent on a year-over-year basis in October, up from 6.1 percent in the previous month. For the month, the index increased 2.0 percent on a seasonally adjusted basis and was up 0.7 percent unadjusted.
The 10-City Composite posted an annual gain of 6.0 percent, 0.3 percentage point higher than the September increase.  The 20-City Composite rose by 6.4 percent compared to 6.2 percent the previous month. Both composites matched the National Index with seasonally adjusted and non-adjusted monthly increases of 0.2 percent and 0.7 percent respectively



Seattle continues to soar. The city had another annual increase that was nearly double that of the nation as a whole, at 12.7 percent.  Las Vegas also saw a gain in the double digits at 10.2 percent. San Diego had the third highest rate of appreciation at 8.1 percent.  Eleven of 20 cities reported increases in October before seasonal adjustment, while all 20 cities were higher after seasonal adjustment. Nine of the 20 cities reported greater price increases in the year ending October 2017 than in the 12 months that ended in September.   

"Home prices continue their climb supported by low inventories and increasing sales," David M. Blitzer, Managing Director & Chairman of the Index Committee at S&P Dow Jones Indices said. "Nationally, home prices are up 6.2 percent in the 12 months to October, three times the rate of inflation. Sales of existing homes dropped 6.1 percent from March through September; they have since rebounded 8.4 percent in November. Inventories measured by months-supply of homes for sale dropped from the tight level of 4.2 months last summer to only 3.4 months in November.

"Underlying the rising prices for both new and existing homes are low interest rates, low unemployment and continuing economic growth. Some of these favorable factors may shift in 2018. The Fed is widely expected to raise the Fed funds rate three more times to reach 2 percent by the end of the New Year. Since home prices are rising faster than wages, salaries, and inflation, some areas could see potential home buyers compelled to look at renting. Data published by the Urban Institute suggests that in some West coast cities with rapidly rising home prices, renting is more attractive than buying." 



As of October 2017, average home prices for the MSAs within the 10-City and 20-City Composites are back to their winter 2007 levels.  The National Index is now 6.0 percent higher than its pre-crisis peak in July 2006 and has risen 46.0 percent from its post-crisis trough in 2012.  The two composites have not yet fully recovered from the losses suffered from the housing crisis; the 20-City remains 1.3 percent below its summer 2006 peak and the 10-City is down 3.8 percent.

The S&P CoreLogic Case-Shiller Home Price Indices are constructed to accurately track the price path of typical single-family home pairs for thousands of individual houses from the available universe of arms-length sales data. The National U.S. Home Price Index tracks the value of single-family housing within the United States. The indices have a base value of 100 in January 2000; thus, for example, a current index value of 150 translates to a 50 percent appreciation rate since January 2000 for a typical home located within the subject market. 

In what has become a monthly occurrence, the National Index set another new all-time high; 195.63, up from last month's peak of 195.51.  The 10- and 20-City Composites had readings of 217.69 and 203.84 respectively.  Los Angeles claims the highest index reading at 268.45.  Detroit's reading is lowest at 117.85  
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