Monday, January 15, 2018


Today's Best Mansionwww.todaysbestmansionsforsale.com

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

#1       132 East 62nd Street, New York, NY 10065 with 6 bedrooms, 7 baths and 
5,200 sq.ft. is listed for sale at $24,000,000.

                          

Completely renovated and exquisitely furnished by renowned designer. This 20 ft wide townhouse has a gated entrance, a 32 foot long south garden with fountain, 6 fireplaces, high ceilings thru out, central air, new elevator, state of the art kitchen, 5 master bedrooms with 6.5 beautiful marble bathrooms, security system and wine cellar.  Great entertaining flow. A true showplace! Must be seen to appreciate how truly lovely, comfortable and private this home is. Situated on a beautiful tree lined street within walking distance of Central Park, Restaurants and Shopping.
















Today's Top Real Estate News            
New Home Sales Defy Holiday Lull, Rising in December
By Jann Swanson 
Mortgage News Daily

Despite the usual holiday lull in overall mortgage applications, the demand for newly constructed homes increased in December.  The Mortgage Bankers Association (MBA) 
said its Builder Applications Survey (BAS) found those applications were up 18 percent 
from November.  The change does not include any adjustment for typical seasonal patterns.  The applications were 7.8 percent higher than in December 2016.



Miro-Residence 1X Plan, The Estates at Del Sur, San Diego, CA 92127 with 6 bedrooms, 
6 baths and 5,407 sq.ft. is listed for sale at $3,843,900.

Based on data from the BAS, conducted among mortgage subsidiaries of new home builders, augmented by assumptions about market coverage and other factors, MBA estimates new single-family home sales were running at a seasonally adjusted annual rate of 554,000 units in December. This is a decline of 16.4 percent from the November pace of 663,000 units. On an unadjusted basis, there were an estimated 40,000 units sold, down 14.9 percent from 47,000 new home sales in November.

"After playing catch-up for 2 months following the slowdown caused by hurricanes Harvey, Irma and Maria, mortgage applications for new homes declined in December to a more normal growth rate of 7.8% on a year over year basis," said Lynn Fisher, MBA Vice President of Research and Economics. "Looking at all of 2017, applications increased by 7.1 percent compared to 2016. Based on December applications, we forecast that new home sales fell in December but remained nearly 16 percent higher than a year ago, and we are anticipating only modest year over year growth for new home sales in 2018. Despite robust demand, a lack of labor and land will continue to constrain homebuilders."

Of the applications submitted in December, 72.5 percent were for conventional loans. FHA loans had a 15.1 percent share, VA loans 10.1 percent, and RHS/USDA accounted for 2.3 percent of the total. The average size of new home purchase loans increased from $337,427 in November to $339,203.

MBA uses its survey as well as other data to provide an early estimate of new home sales volumes at the national, state, and metro level as well as information regarding the types of loans used by new home buyers. Official new home sales estimates are provided monthly by the Census Bureau.  In that data, new home sales are recorded at contract signing, which is typically coincident with the mortgage application.  The Census Bureau will release December statistics on January 25.


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 is $1,858,600. La Jolla home values have gone up 7.0%  over the past year and Zillow predicts they will rise 3.9% within the next year.

The median home value in Solana Beach is $1,227,700. Solana Beach home values have gone up 8.3% over the past year and Zillow predicts they will rise 3.6% within the next year.               
The median home value in Del Mar is $2,251,000. Del Mar home values have gone up 0.3% over the past year and Zillow predicts they will rise 3.2% 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      4438 La Noria Rancho Santa Fe, CA 92067 with 5 bedrooms, 6 baths and 
11,590 sq.ft. is listed for sale at $10,900,000.

 


This modern property is the result of a level of thought rarely seen. Simply put, this unparalleled equestrian estate in Rancho Santa Fe?s distinguished West Covenant outdoes the rest. Like-new with a clean, modern vibe and sophisticated yet welcoming ambiance, the chic residence truly has it all. Approximately 11,590 square feet on one impressive level and situated on a private, gated 4.45-acre homesite, the state-of-the-art estate has been completely reimagined and now boasts a dedicated audiophile-grade theater designed by award-winning PMI, custom wine cellar, fully appointed gym, and cutting-edge whole-house smart home audio/video, security, water-purification, pool, lighting and climate-control systems. A chef?s paradise, an enormous island kitchen is home to the world?s leading appliances, a separate bistro with Woodstone pizza oven and baking center, refrigerated drink drawers, handmade Italian La Marzocco plumbed Espresso center, steam oven, and a Wolf double oven and range with double griddle. A pub bar shines with an illuminated countertop, freezer, refrigerator, wine dispensers, ice machine and commercial dishwasher. The extensive array continues with 4 ensuite bedrooms, 2 offices, master suite spa, detached guesthouse, a split-level 8-car garage, imported French limestone throughout, and electronic slide-away doors for indoor/outdoor living. Colorful and masterfully maintained landscaping enriches grounds that host an outdoor kitchen, sand fire pit, pool, spa, outdoor living room, parking for 50+ vehicles, lower play area, 4-stall barn, arena, 1/4-mile walking trail, wash racks, 3 grass pastures, a jumping area with top-quality footing and so very much more. Furniture and artwork are available for purchase. The opportunity is once-in-a-
lifetime. The estate is one-of-a-kind. 




















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     1601 East Bay Avenue, Newport Beach, CA 92661 with 4 bedrooms, 6 baths and 
5,793 sq.ft. is listed for sale at $13,495,000.



A modern Spanish expression of architectural beauty, professionally designed by Don Stine, this home is as rare as it is impressive. Relish 180-degree glistening ocean and harbor views throughout the day before being enamored by a dazzling array of nighttime city lights from the Balboa Pavillion to Fashion Island that embellish the 'gold coast' with brilliance. This custom, seaside villa situated on a 60-ft. double wide lot boasts nearly 6600 sqft. of living space accompanied by 4 bedrooms and 5 baths that are complemented by an open floor plan which creates seamless transitions between the family room, dining area, and kitchen. A warm, tranquil courtyard lies in the center of the property, allowing an abundance of natural light to flood the home, while 11-foot ceilings highlight the bright, airy impression felt throughout the interior. Tall hedges surround the property, creating a level of privacy that is rarely found yet highly sought after in waterfront communities. A large pier lies adjacent to the main boat slip that accommodates a 50-foot boat as well as two additional boats.



















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     7447 North 61st Street, Paradise Valley, AZ 85253 with 4 bedrooms, 6 baths and 7,997 sq.ft. is listed for sale at $5,395,000.


Picturesque Panoramic Views in all directions of this gated estate home. Builder and designers personal home. Words simply can't describe this home with expansive patios, sprawling grass, large 1.46 acre lot, oversized 5 car garage with extended height. Every Room uniquely captures a view of either mountains or city lights. The detail put in to the home will amaze and astonish you. This is a very hard to find non hillside lot in PV with city lights, mountain views and a large yard. A very private and secluded retreat!


















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      1701 Franklin Street, San Francisco, CA 94109 with 11 bedrooms, 6 baths 

and 7,125 sq.ft. is listed for sale at $6,996,000.

 


\In world renowned Pacific Heights, 1701 Franklin St. is one of the most recognizable estate-like homes in San Francisco & is a historic registered landmark. This incredible detached Queen Anne estate sits on nearly 1/4 of an acre of land subdivided into 2 legal lots & offers approximately 7,125 square ft of dramatic living space. The lower floor square footage is 1,740 square ft of additional living space. The home was designed by W.H. Lille for Edward Coleman in 1895. Offered for the 1st time in 18 years, the home has been lovingly maintained by its current owners. The home is believed to have only changed ownership by a handful & it is suspected that the current owners are the second family to have lived in this one of a kind property.

















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      3627 42nd Avenue NE, Seattle, WA 98105 with 6 bedrooms, 5 baths and 
6,860 sq.ft. is listed for sale at $10,000,000.


Romantic 1921 Tudor Revival Storybook ~ Pillared Porte Cochere, Mullion Windows, Balcony Merlons, Half-Timbered Pitched Roof. A regal stance on a gentle roll of Laurelhurst Lakefront. 135 feet, willow tree. Original boathouse; extended length dock. Massive living room; window pew. Full peaked window-walls house glass French doors to garden room. Glorious library surround tells its own tale ~ crests, animals, scenic vistas. Breakfast area. Great hall ~ Italian "Scrap" marble. Intimate grandeur!















Today's Best Mortgage Rates
Mortgage Rates Avoid More Dire Outcomes After Inflation Report
Jan 12 2018, 8:00PM

Mortgage rates caught a break yesterday by moving lower for the first time this week.  They arguably caught a break again today by not moving any higher than they did.  Underlying bond markets (which drive mortgage rate changes) were rocked this morning by stronger inflation data.  The important Consumer Price Index (CPI) was expected to hold steady at the same low levels that have persisted since the middle of 2017.  The modest uptick in inflation sent bond yields higher and resulted in most mortgage lenders putting out noticeably higher rates this morning.

Lenders don't like to put out more than one rate sheet per day if they can help it, but if markets move enough, they will "reprice."  After the initial trauma, bond markets began a trend of improvement that ultimately resulted in widespread positive reprices for mortgage rates.  We didn't quite make it back to yesterday's levels, but we did manage to avoid ending the day at fresh 6-month highs.  The same couldn't have been said if the day ended this morning.

In the bigger picture, rates remain under general pressure.  There's some hope in the outlook thanks to 2 decent bounces against rate ceilings in bond markets this week, but we have yet to see that hope materialize in the form of a sustained move lower.  It makes sense to remain defensive until that changes.
                                                                                                                        52 Week
ProductTodayYesterdayChangeLowHigh
30 Yr FRM4.15%4.14%+0.013.84%4.39%
15 Yr FRM3.48%3.46%+0.023.12%3.61%
FHA 30 Year Fixed3.80%3.75%+0.053.35%4.05%
Jumbo 30 Year Fixed4.30%4.29%+0.014.10%4.60%
5/1 Yr ARM3.22%3.21%+0.012.98%3.25%
Looking for more information?  Have a comment regarding any of today's 
mansions?  Need a Realtor referral?  Please text or email me at 619-944-8749 
or furtree @msn.com. Most importantly, have a great day.

Cordially,


Tom