Friday, January 19, 2018






Today's Best Mansionwww.todaysbestmansionsforsale.com

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

#1     
Penthouse atop the Baccarat Hotel, 
20 West 53rd Street,  New York, NY 10103 with 5 bedrooms, 10 baths and 7,381 sq.ft. is listed for sale at $39,995,000. 
 


Live brilliantly in the spectacular duplex penthouse atop the new Baccarat Hotel and Residences. Double entry doors welcome one to a double-height gallery with glass and marble staircase and stunning views. Measuring almost 7,400 Sq feet interior and 600 Sq feet of Loggia, the penthouse features stunning 360 degree views- north over Central Park to the George Washington Bridge and south past the Empire State and Chrysler Buildings to the World Trade Center. A corner living room, formal dining room, library and eat-in kitchen provide for effortless entertaining on a grand scale. The 1,150 SQFT master suite offers an optional fireplace, double dressing rooms and gorgeous marble bath of almost 400 SQFT. Four additional bedroom suites and study ensure ample space. Interior design by Tony Ingrao offers the ultimate in luxury and quality including solid 6 wide ebony stained white oak floors, SieMatic kitchen with ebonized walnut and nickel frame cabinetry, Miele and Sub-Zero appliances and washer/dryer. The master bathroom features honed Lido white marble slab floors and walls, radiant heated floors, and freestanding soaking tub. Second bathrooms are fully clad in Siberian polished marble. The powder room features frosted, mirrored glass panel walls, Lido white honed marble floors, custom vanity with Lucite base and hammered nickel sink. Custom Fantini polished chrome fixtures are featured throughout.Baccarat Residences is dedicated to an unrivaled level of service and luxury.







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Today's Top Real Estate News 

Here's What It Costs To Buy A Home In 2018's 10 Hottest Housing Markets.

By Tanza Loudenback
Business Insider

About half of all homes in the country are worth as much or more than they were in April 2007, during America's most recent housing boom, according to data from Zillow.
But some real estate markets are really on fire, with quickly rising home values and rental prices, increasing populations, low unemployment rates, steady income growth, and strong job opportunities, according to Zillow's latest housing report.

Below, check out the top 10 hottest real estate markets in America for 2018, along with median home values and rent prices, median household income, and projected year-over-year growth.

10. Dallas, Texas



Median household income: $US63,812
Median home value: $US218,300
Median rent: $US1,621
Real estate market growth forecast:4.7%

9. Portland, Oregon





Median household income: $US68,676
Median home value: $US370,700
Median rent: $US1,902
Real estate market growth forecast:3.7%

8. Nashville, Tennessee




Median household income: $US60,030
Median home value: $US228,900
Median rent: $US1,498
Real estate market growth forecast:3.8%

7. Denver, Colorado


Median household income: $US71,926
Median home value: $US376,500
Median rent: $US2,056
Real estate market growth forecast:3%

6. Austin, Texas


Median household income: $US71,000
Median home value: $US277,600
Median rent:$US1,713
Real estate market growth forecast: 3.3%

5. San Francisco, California


Median household income: $US96,677
Median home value: $US893,100
Median rent: $US3,413
Real estate market growth forecast:3.8%

4. Charlotte, North Carolina


Median household income: $US59,979
Median home value: $US181,600
Median rent: $US1,300
Real estate market growth forecast: 4%

3. Seattle, Washington


Median household income: $US78,612
Median home value: $US463,800
Median rent: $US2,243
Real estate market growth forecast:5.4%

2. Raleigh, North Carolina

http://media.zenfs.com/en-AU/homerun/y7.businessinsider/8646a73dc9ff22415a84a1cd7641c005

Median household income: $US71,685
Median home value: $US233,900
Median rent: $US1,441
Real estate market growth forecast:3.7%

1. San Jose, California


Median household income: $US110,040
Median home value: $US1,128,300
Median rent: $US3,514
Real estate market growth forecast:8.9%






Today's Top San Diego Luxury Estates

   
The median home value in San Diego County is $565,000. San Diego County home values have gone up 7.1% over the past year and Zillow predicts they will rise 3.5% within the next year. 
The median home value in Coronado is $1,572,800. Coronado home values have gone up 3.8% over the past year and Zillow predicts they will rise 2.3% within the next year.

The median home value in La Jolla is $1,899,900. La Jolla home values have gone up 8.9% over the past year and Zillow predicts they will rise 4.2% within the next year.
               
The median home value in Solana Beach is $1,265,000. Solana Beach home values have gone up 13.9% over the past year and Zillow predicts they will rise 3.7% within the next year. 

The median home value in Del Mar is $2,309,800. Del Mar home values have gone up 3.7% over the past year and Zillow predicts they will rise 1.8% within the next year. 


The median home value in Rancho Santa Fe is $2,764,200. Rancho Santa Fe home values have gone up 5.8% over the past year and Zillow predicts they will rise 2.7% within the next year. 

#1      118-120 6th Street, Del Mar, CA 92014 with 4 bedrooms, 3 baths and 2,440 sq.ft. is listed for sale at $8,800,000.



Stunning, unobstructed panoramic ocean views from this rarely on the market bluff-front property. Enjoy spectacular views spanning the San Diego coastline, cool ocean breezes and amazing sunsets. The building on this spacious 8004 sq. ft. lot is currently set-up as a duplex. Wonderful opportunity to build a single family compound or split the lot and build two houses. Walk to the beach, restaurants and shopping. Dont miss the opportunity to own a piece of paradise! Rare opportunity to own an ocean bluff property in the coveted City of Del Mar. With expansive ocean views down to La Jolla and up to Carlsbad this property is a diamond in the rough. The house is primarily single story, with a second story loft on the north end of the building. Make it your dream home or build two houses on this R-2 lot. Your opportunity awaits.

















Today's Top LA Luxury Estate.


The median home value in Orange County is $699,500. Orange County home values have gone up 4.2% over the past year and Zillow predicts they will rise 2.0% within the next year.

The median home value in Los Angeles County is $595,700. Los Angeles County home values have gone up 8.6% over the past year and Zillow predicts they will rise 3.3% within the next year.

The median home value in Newport Beach is $1,741,900. Newport Beach home values have gone up 5.7% over the past year and Zillow predicts they will rise 2.1% within the next year.

The median home value in Santa Monica is $1,520,800. Santa Monica home values have gone up 9.0% over the past year and Zillow predicts they will rise 3.2% within the next year. 

The median home value in Pacific Palisades is $2,944,500. Pacific Palisades home values have gone up 9.8% over the past year and Zillow predicts they will rise 3.8% within the next year.
The median home value in Malibu is $3,169,400. Malibu home values have gone up 10.3% over the past year and Zillow predicts they will rise 4.0% within the next year.

The median home value in Bel Air is $3,513,900. Bel Air home values have gone up 6.7% over the past year and Zillow predicts they will rise 3.1% within the next year. 

The median home value in Beverly Hills, 90210 is $5,217,600. 90210 home values have gone up 9.5% over the past year and Zillow predicts they will rise 3.2% within the next year.

#1      32 North La Senda Drive, Laguna Beach, CA 92651 with 4 bedrooms, 6 baths and 5,263 sq.ft. is listed for sale at $24,900,000






Welcome to one of the world's finest oceanfront estates, where a rare double bluff-top homesite of nearly 20,000 s.f. and a fully remodeled custom residence combine to create the most unique living environment in Laguna Beach. Premium northwest-facing views capture the ocean, beach, crashing waves, shimmering lights and Catalina from every room of the contemporary masterpiece in guard-gated Three Arch Bay. A dramatic promontory setting is secluded behind a custom entry gate and features a circular drive, park-like grounds and spacious courtyard. Wraparound view decks offer steps down to bedrock, where a private saltwater pool is replenished naturally with the tide. Neither the location--which spans 150' at the water's edge--or the pool would be granted permission by today's codes, making this a truly rare opportunity. Approx. 5,144 s.f. with 4 bedrooms, 5 full baths and 2 half baths, the open and airy residence showcases soaring ceilings, a seamless living and dining area, a home theater, an extensive glass-enclosed wine storage wall, and a sleek kitchen with enormous island and top-end appliances. Just inside the entry gate, a separate structure is ideal as a gym, studio or office. 













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 $252,400. Maricopa County home values have gone up 6.9% over the past year and Zillow predicts they will rise 2.1% within the next year.

The median home value in Scottsdale is $435,800. Scottsdale home values have gone up 4.9% over the past year and Zillow predicts they will rise 1.4% within the next year.

The median home value in Carefree is $743,200. Carefree home values have declined -1.0% over the past year and Zillow predicts they will rise 0.4% within the next year. 

The median home value in Paradise Valley is $1,641,900. 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      5689 Quartz Mountain Road, Paradise Valley, AZ 85253 with 3 bedrooms, 
5 baths and 6,664 sq.ft. is listed for sale at $4,375,000.



Stunning Southwest Contemporary located in the highly desirable City of Paradise Valley, and nestled on the hillside of Mummy Mountain offering fantastic city light and mountain views ** This spectacular estate is located in exclusive guard gated La Place du Sommet, and boasts elements of true luxury living including walls of Butt Glass windows to capture the views, Lutron lighting system, elevator, automatic computerized window shades, theater style media room, surround sound, and four gas fireplaces ** Built by a commercial builder, the home has the rare component of strong steel construction ** A sprawling water feature follows the walk-way to the beautiful oversized front door w/copper and etched glass design ** Several outdoor spaces allow full advantage of Arizona living & feature... negative-edge pool, spa, glass view fencing, and gas fire pot ** Inside you'll experience an open floor plan with 12' ceilings and views from nearly every room ** Gourmet kitchen offers two large islands, high-end appliances, RO system, instant hot water, pantry, as well as Bulter's pantry with wine refrigerator and plumbing for additional dishwasher ** Situated between the formal living and family room is a wet bar with refrigerator, RO, and ice maker ** The spacious family room has built-in media cabinet and gorgeous gas fireplace with silver Venetian plaster accent ** The master wing delights in the amazing views and has both His and Hers bathrooms and two custom closets, custom office, and fitness room ** The separate guest wing has a second master bedroom and an ensuite guest bedroom, both with custom walk-in closets, a separate guest den, and a separate balcony (or room to expand) ** Please see the "Documents" Tab for more fabulous features of this truly one of a kind estate ** All televisions, mounts, and electronic equipment are negotiable ** Some furnishings, artwork, and landscape pots may be available by separate Bill of Sale ** The Theater electronic equipment, grand piano, and treadmill will convey with the home. 



















Today's Top San Francisco Luxury Estate

Image result for San Francisco skyline pictures

The median home value in San Francisco County is $1,293,700. San Francisco County home values have gone up 12.8% over the past year and Zillow predicts they will rise 5.9% within the next year.

The median home value in Marin County is $1,094,700. Marin County home values have gone up 6.8% over the past year and Zillow predicts they will rise 5.1% within the next year. 

The median home value in Santa Clara County is $1,196,600. Santa Clara County home values have gone up 21.3% over the past year and Zillow predicts they will rise 8.5% within the next year.

The median home value in Tiburon is $2,638,200. Tiburon home values have gone up 6.1% over the past year and Zillow predicts they will rise 4.7% 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 $3,010,700. Palo Alto home values have gone up 21.0% over the past year and Zillow predicts they will rise 8.3% within the next year.

The median home value in Los Altos is $3,262,900. Los Altos home values have gone up 17.9% over the past year and Zillow predicts they will rise 7.6% within the next year.       
    
The median home value in Saratoga is $2,816,200. Saratoga home values have gone up 18.0% over the past year and Zillow predicts they will rise 7.8% within the next year. 

The median home value in Atherton is $7,257,800. Atherton home values have gone up 16.9% over the past year and Zillow predicts they will rise 7.4% within the next year.


#1      1735 Franklin Street, San Francisco, CA 94109 with 8 bedrooms, 5 baths and 
7,885 sq.ft. is listed for sale at $7,495,000.



This special Georgian residence is a perfect blend of historical glamour and modern luxury. Enjoy all the contemporary amenities together with grandeur of another era in this stunning renovation of a grand Pacific Heights mansion. Exquisite original architectural details serve a magnificent backdrop for the sophisticated design and super-high end finishes of a wonderful City home. Gorgeous interior design. A real gourmet chef's kitchen. One of SF's most desirable central residential neighborhoods in close proximity to local shops, great dining. Near Lafayette Park, downtown and the cultural activities of Civic Center: Opera, Symphony, Ballet, Jazz, Museums. Significant property tax savings w/Mills Act from historic restoration. Elevator.

















Today's Top Seattle Luxury Estate

Image result for Seattle  
The median home value in King County is $608,000. King County home values have gone up 15.4% over the past year and Zillow predicts they will rise 6.0% within the next year.

The median home value in Kirkland is $727,500. Kirkland home values have gone up 21.3% over the past year and Zillow predicts they will rise 6.9% within the next year

The median home value in Seattle is $718,700. Seattle home values have gone up 16.2% over the past year and Zillow predicts they will rise 5.7% within the next year.

The median home value in Bellevue is $881,000. Bellevue home values have gone up 17.5% over the past year and Zillow predicts they will rise 5.8% within the next year.

The median home value in Mercer Island is $1,441,600. Mercer Island home values have gone up 8.1% over the past year and Zillow predicts they will rise 4.0% within the next year. 

The median home value in Clyde Hill is $2,680,500. Clyde Hill home values have gone up 18.3% over the past year and Zillow predicts they will rise 7.2% within the next year.

The median home value in Medina is $2,720,300. Medina home values have gone up 13.0% over the past year and Zillow predicts they will rise 5.8% within the next year.

#1      8730 Overlake Drive W, Medina, WA 98039 with 4 bedrooms, 3 baths and
3,224 sq.ft. is listed for sale at $4,498,000
.




Medina Modern Luxury Designed by Vassos Demetriou and built by Bender Custom Homes offering brilliant finishes & details. The open kitchen features professional style appliances, custom Sycamore cabinetry and granite counters. The sunlit great room opens to the expansive deck, sparkling lake views and gleaming walnut floors. Spacious main level master with spa-like bath and private balcony. The lower level features a rec room equipped with wet bar & wine room. Beautiful landscaped level yard.

















Today's Best Mortgage Rates.

Be Careful With News on Mortgage Rates Today
Jan 18 2018, 3:45PM

It's Thursday, which means Freddie Mac released its weekly update on mortgage rates.  This is typically not that big of a deal because mortgage rates don't tend to move enough in the short term to expose the shortfalls of Freddie's methodology.  To be perfectly fair to Freddie, their methodology is fine for those who want a once-a-week look at rates and who aren't currently in the process of shopping for a mortgage or home.

Unfortunately, much of the consumer-level interest in mortgage rate news comes from those who are in the process of shopping from a mortgage or home!  Granted, they're not seeking out Freddie's rate survey, but they do tend to come across internet news that cites Freddie's data as a source. 

Enter the pitfalls.  Freddie's survey deadline is Wednesday for any given week and most of the sample is in by Tuesday.  This means that the weekly rate survey ends up being more like a "Monday/Tuesday" rate survey.  Again, that's not usually a problem if Wed-Fri look like Mon/Tue, but this week, they don't!

Rates spiked more than normal yesterday and then repeated the feat today.  Combine that with weakness in underlying bond markets (which drive mortgage rates) that began on Tuesday afternoon, and the average lender is roughly  an eighth of a percentage point higher in rate today.  Freddie's headline of 4.04% is the stuff of dreams as far as most borrowers are concerned.  While rates near 4.0% are available in some of the best cases, the average top-tier quote is now easily 4.125% and many lenders are up to 4.25%.  If you're not putting 20% down or have less than perfect qualifications, it would be even higher.

Like yesterday, these are the highest rates in more than 9 months.  Any time we're pushing long-term highs, 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 FRM4.22%4.16%+0.063.84%4.39%
15 Yr FRM3.58%3.50%+0.083.12%3.61%
FHA 30 Year Fixed4.00%3.85%+0.153.35%4.05%
Jumbo 30 Year Fixed4.35%4.30%+0.054.10%4.60%
5/1 Yr ARM3.29%3.25%+0.042.98%3.29%
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!