Thursday, January 18, 2018




Today's Best Mansionwww.todaysbestmansionsforsale.com

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

#1     3970 Victoria Lane, Westlake Village, CA 91362 with 12 bedrooms, 33 baths and 50,255 sq.ft. is listed for sale at $85,000,000. 


World class French Romantic masterpiece! Truly one of California's most distinct properties. Privately gate guarded 33 acre compound reimagined from the ground up with no expense spared. Enter past a majestic 1/4 acre lake and authentic mill house,formal gardens,stone bridges and four cascading pools inspired by the Monet Gardens of Giverny, France. The main residence spans over 32,000 SF and is graced with 360 degree views and every conceivable amenity imaginable. Features incl. a one of a kind sound proof Dolby certified cinema with 20'x10' screen. There is also an amazing collectors museum, 5000 SF grand master suite and more. The resort grounds provide an 11,000 SF guest house, working 5 acre organic farm, 2644 SF pool house/spa, two pools and 2 municipal quality wells. 
 















Today's Top Real Estate News 

The Value of New York Real Estate Jumps More Than 9%

  • Brooklyn leads burroughs with an increase of 12 percent
  • Manhattan real estate has slowest price growth, up 7 percent


8629 Bay Parkway, #6B, Brooklyn, NY 11214 with 2 bedrooms, 2 baths and 1010 sq.ft. is listed for sale at $898,000.

New York City is still reaping the benefits of the real estate boom.  The city set a value of $1.26 trillion for its more than one million properties for the fiscal year beginning in July, an increase of 9.4 percent over the previous period that promises to boost the government’s tax collections.

Residential and commercial property value in Brooklyn rose 12 percent, the most of New York’s five boroughs, to $335.5 billion, according to the city’s finance department. Manhattan property rose 7.3 percent to $483.6 billion, the slowest growth.

“This year’s roll confirms increases in the real estate market and additional construction activity in New York City, which is not just concentrated in Manhattan," Jacques Jiha, the city’s commissioner for the department of finance, said in a statement.

Real estate taxes are the largest contributor to New York City’s revenue and the primary source of funds that back its $40 billion in outstanding general-obligation bonds. 
The increase follows jumps of 8.7 percent for fiscal 2018 and 10.6 percent the year before. The city plans to collect $27.4 billion in property taxes in fiscal 2019, or about 43 percent of its revenue, according to the city’s November financial plan.



The General Motors Building on Fifth Avenue and Bank of America’s tower on Bryant Park are the city’s most expensive properties, both valued at about $1.94 billion. The Bank of America tower was publicly subsidized by the Liberty Bond program, which granted corporations $8 billion in tax-exempt financing to help the city recover from the Sept. 11 terrorist attacks.

Rental apartments accounted for about 40 percent of citywide construction activity, which totaled $13.3 billion. The trend was most pronounced in Manhattan, where rentals accounted for 36 percent of all construction.



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      701 Gage Drive, San Diego, CA 92106 with 6 bedrooms, 10 baths and 
13,430 sq.ft. is listed for sale at $15,995,000.

701 Gage Dr, Point Loma, CA 92106

Situated on one of Point Loma's largest lots Casa Magnifica offers extraordinary access to the luxury lifestyle. Years in the making, the primary residence boasts 4+ bedrooms and a colossal Master Floor centered around views that harmonize ocean, bay and an active city skyline plus two 1+bedroom guest houses. Relax on the many balconies or plush green lawns while enjoying ocean breezes and watching ships pass by. See Supp... The amenities here are rich and varied and in part consist of the following: multiple entertainment areas, a magnificent formal dining room, 2, 500+ bottle wine cellar, his and her offices, manicured grounds, resort pool/spa, separate lap pool, game room, gym, and tennis court. Two independent guest suites are situated over the secondary garage which offers additional parking housing up to ten vehicles. We invite you to come “live the good life”!



701 Gage Dr, Point Loma, CA 92106















701 Gage Dr, Point Loma, CA 92106

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      1000 Beachfront, Redondo Beach, CA 90277 with 5 bedrooms, 8 baths and 9,200 sq.ft. is listed for sale at $17,850,000.



Contemporary, sleek and unquestionably modern, this one-of-a-kind landmark residence presents a spectacular oceanfront location on the southern sands of Redondo Beach. Three terraces and abundant picture windows welcome panoramic Pacific Ocean views that stretch from the Palos Verdes Peninsula to Malibus Point Dume and encompass crashing waves, passing sailboats, a jetty, pier and shimmering lights after romantic sunsets. Centered around a soaring atrium with oversized skylight, the open and bright estate is generously proportioned at approximately 9,200 square feet and showcases 5 bedrooms, 7.5 baths, maid quarters with a separate entrance, grand rooms with slide-away doors to terraces and loggias, an 8-car subterranean garage, expansive media/game room and an elevator that serves all levels. Grand-scale and intimate entertaining are easily accommodated and complemented by amenities that include a pub-style wet bar, wine cellar, and a chef-caliber kitchen with island, bar seating, nook, marble countertops, beamed ceiling, chic cabinetry and high-end appliances including a pro range and built-in refrigerator. Recently updated and remodeled to exacting standards of excellence and craftsmanship, the palatial residence displays new stone flooring, handsome fireplaces, a circular staircase, custom wrought-iron railings, dramatic archways, high ceilings, and a main terrace with a fire pit and a BBQ, kitchen area. The sophisticated seaside masterpiece is moments from excellent surf spots, Fishermans Wharf and King Harbor. Close proximity to LAX International Airport and two private airports. Stunning architecture, oceanfront living, endless views, unparalleled luxury, dont let this once-in-a-lifetime opportunity pass you by.













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       5729 East Joshua Tree Lane, Paradise Valley, AZ 85253 with 4 bedrooms,
 6 baths and 7,348 sq.ft. is listed for sale at $5,290,000.



Built in 2016 with panoramic views of Mummy Mtn and Camelback Mtn! Custom details at every turn! White Fossil Stone entrance & patios, grand entry parlor with hand scraped DuChateau European Oak wood floors, limestone fireplaces, limestone pillars, soaring beamed ceilings and 8 foot patio doors. Enjoy a Chef's kitchen with butler pantry featuring barrel rolled brick ceiling,Taj Mahal Quartzite counters, Wolf appliances, limestone vent hood, spacious island, custom cabinetry, and accordion widows with bright views. 1,000 bottle, all stone wine cellar. Family room and upstairs bar/entertainment area features 12' pocket walls/doors opening up the home to the gracious views. Grand upstairs patio with outdoor theatre. Private gated auto courtyard, movie theatre, smart home features throughout.



















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.

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      118 Reed Ranch Road, Tiburon, CA 94920 with 4 bedrooms, 6 baths and 
6,903 sq.ft. is listed for sale at $16,000,000.

This palatial custom 7,000 sq ft estate was inspired by multiple trips to France. As you enter through the private iron gates, be prepared to be dazzled by the gorgeous landscaping and an old world feeling of home. The exterior terraces, both above and on ground level, resemble residences of Cannes with bountiful foliage. Sweeping views of SF Bay & skyline. Chefs kitchen w/ La Cornue stove, butler's pantry, 8 fireplaces & 1,000 bottle wine cellar
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      21720 NE 144th Place, Woodinville, W 98077 with 4 bedrooms, 4 baths and 5,990 sq.ft. is listed for sale at $2,695,000.

Elegant Gated Estate sits on 4.7 acres Equestrian Approved Property! Quality Built Brick Exterior & Tile Roof; Master on main with Heated Floor & Powered Hunter Douglas Blinds; Detailed High quality Mill Work & Custom made light fixtures & Hardware; In Ground Pool, Huge Fenced Veggie Garden & Landscaping w/Irrigation System on private well! This Park-like Paradise will Entertain any of Your Events! Easy Commute to Microsoft, Downtown Bellevue & Downtown Kirkland; Award Winning LA Schools.
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Today's Best Mortgage Rates
Mortgage Rates Highest in 9 Months
Jan 17 2018, 3:35PM
Mortgage rates were only moderately higher today, but the move was enough to officially bring them to the highest levels since the Spring of 2017.  In other words, most lenders' rate quotes are fairly similar to recently bad days (like last Wednesday), but in terms of outright costs, you'd have to go back 9 months to see anything worse.

There was precious little by way of overt motivations for today's move.  Whereas rates have a longstanding history of responding to economic data and other events that speak to the economy/inflation/etc., many of the recent movements have had more to do with arcane considerations among bond traders than the aforementioned history.  

The timing of today's weakness is unfortunate as rates were just starting to look like they might be reinforcing recent ceilings.  To be fair, in terms of Treasury yields, that's still true as  10yr Notes remain under the 2.60%.  Mortgage rates have simply underperformed 10yr Treasuries since the latter hit 2.60% last week.  

Any time a mortgage rate headline can claim "highest in 9 months," it's a good idea to remain defensive in terms of locking vs floating.  The saving grace is that long-term highs typically precede extended periods of positivity for rates.  It's just a matter of figuring out if these long term highs are high enough to rebalance the scales in the bond market.

                                                                                                                              52 Week
ProductTodayYesterdayChangeLowHigh
30 Yr FRM4.16%4.14%+0.023.84%4.39%
15 Yr FRM3.50%3.48%+0.023.12%3.61%
FHA 30 Year Fixed3.85%3.80%+0.053.35%4.05%
Jumbo 30 Year Fixed4.30%4.29%+0.014.10%4.60%
5/1 Yr ARM3.25%3.21%+0.042.98%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


PS.   Thank you for reading my blogs. Today's Best Mansions has now been read by over 150,000 individuals!