Saturday, January 27, 2018

Today's Best Mansionwww.todaysbestmansionsforsale.com

#1      1011 South Ute Avenue, Aspen, Colorado  81611 with 7 bedrooms, 11 baths 
and 18,943 sq.ft. is listed for sale at $39,000,000



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

The complete package in downtown Aspen. Unbelievable location with ski-access and a short walk to the restaurants, shops, and all that downtown Aspen has to offer. Seven bedrooms, eleven bathrooms and over 18,000 square feet of living & indoor recreation space. The house is state-of-the-art with impressive technology and easy home automation controls throughout. Enjoy three tennis courts on the property that transform into an ice rink for winter months. A movie theater, bowling alley (that doubles as a shooting range), commercial kitchen, two elevators, indoor pool, spa, and numerous other features make this a truly a one-of-a-kind masterpiece that is unmatched in the Aspen area. Views of Red Mountain and wonderful indoor/outdoor living embrace the quintessential Colorado lifestyle. Additional features include a gym, outdoor pool, putting green, bocce court, indoor and outdoor water features, 1500 bottle wine cellar, 4 bars, 2 washers & dryers, 2 ovens, warming drawer, numerous mini fridges and wine fridges. Garage holds a total of six cars. Approximately 3 acres of common space shared with only the neighborhing house includes the tennis courts, bocce court and other amenities.
























Today's Top Real Estate News 

Los Angeles Luxury Market Cools at the Highest End

By Beckie Strum
Mansion Global


1175 North Hillcrest Road, Beverly Hills, CA 90210 with 7 bedrooms, 11 baths and 
5,926 sq.ft. is still listed for sale at $85,000,000 after being on the market for 175 days.

There were fewer blockbuster sales in the fourth quarter of 2017

The hot market for mega mansions in Los Angeles has cooled.  Fewer blockbuster sales caused the median price to dip while inventory shrunk as owners pulled stale, overpriced listings from the market.

High-octane activity in 2017—including Beyonce and Jay-Z’s $88 million purchase in August and the listing of the most expensive home in the U.S. for $350 million—gave way in the fourth quarter to slowed sales at the highest price points, according to a report Thursday from brokerage Douglas Elliman.






“One of the things we’re seeing in high-end markets across the country, the inventory is dropping … because the overpriced inventory that’s been sitting for a couple of years are being left to expire,” said Jonathan Miller, president of appraisal firm Miller Samuel and author of the Douglas Elliman reports.

Meanwhile, moderately priced mansions are still selling swiftly, according to the data.
Luxury neighborhoods like Bel Air, Brentwood and Santa Monica saw median prices skyrocket in 2017.


Los Angeles, where strict zoning laws limit new development, is suffering from a shortage of inventory. In Mar Vista and Venice, it took the average home to sell in less than a month and a half. By the end of 2017, there was little more than a month’s worth of supply in either neighborhood.

“The market is moving very fast,” Mr. Miller said.

Inventory was tight even in luxury second-home market Malibu, where sales began to outpace supply, according to the report.


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      7152 Rancho La Cima Drive, Rancho Santa Fe, CA 92067 with 4 bedrooms, 
5 baths and 7,806 sq.ft. is listed for sale at $3,950,000



Located  in the exclusive gated community of Rancho La Cima, "Casa Agave" is set on 2.05 beautiful, peaceful and serene acres capturing expansive mountain and countryside views. Classic and timeless Spanish Colonial Hacienda encompassing approximately 7,800 sq feet with four suites of bedrooms in the main house and a 4,200 sq foot separate building that could be used as a guest house (currently has 2 bedrooms), office, wine cellar with tasting room or automobile storage.
















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     1469 Bel Air Road, Los Angeles, CA 90077 with 7 bedrooms, 12 baths and 
14.500 sq.ft. is listed for sale at $24,500,000.



Bel Air's newest and most exciting property, Amalfi Bel Air represents the expression of experienced builder Charles Taylor. Clean lines and bright interiors blend in a modern Mediterranean canvas, an homage to Italy's revered coast. A feeling of expansion leads to a stunning great room where automated Fleetwood glass doors seamlessly slide open to canyon, city and sparkling ocean views stretching to Catalina Island. Entertain in the living room, dining room, study, upstairs congregation/media area or lower level wine room, home theater and party lounge. Retreat to the sumptuous master wing with large office and private lanai. Surrounded by lemon trees, Eucalyptus and privacy hedges, the outdoors complement the serenity of Bel Air with living spaces, hidden TV, BBQ area, putting green, spa and zero-edge infinity pool. The stage is further set with a hidden panic room, custom artwork, furnishings and seamless "smart home" automation 
























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      4502 East Moonlight Way, Paradise Valley, AZ 85253 with 5 bedrooms, 6 baths and 7,010 sq.ft. is listed for sale at $4,500,000.

On two separate lots this timeless Santa Fe style home is rich in history and built to the highest standards of quality. The location within Clearwater Hills is exceptional with expansive unobstructed views both to the north and the south. Natural light and gorgeous scenery abound through floor to ceiling windows. Comfortable living spaces include a great room, formal dining room, large kitchen and sunny breakfast room. Lovely master suite with his/hers baths. Upstairs two secondarybedrooms with den and huge view deck. Two offices and an attached guest casita. The grounds are gorgeous with pool, spa, and mature green landscaping. On sewer; a plus on the hillside. Home has its own pump system so water is never a problem A wonderful private, paved driveway and a very large area to park cars or service vehicles in addition to a spacious three car garage. Magnificent bones and perfect for an update. 












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      935/937 North Point Street, San Francsco, CA 94109 with 5 bedrooms, 6 baths and 7,700 sq.ft. is listed for sale at $12,995,000.

                       
Situated on the north waterfront of famed Russian Hill is a testament to modernism with a timeless Parisian influence like no other in San Francisco. This luxury city compound is a harmonious blend of old world craftsmanship inspired with intelligent surprises throughout. From the initial creative design to the final strokes of paint, this incredible 2-unit residence has been sculpted into a work of art just as much as it is a home. The main residence has an open floor plan, a 16ft dream island kitchen making any chef jealous. The main residence is crowned by a rooftop lounge overlooking the San Francisco skyline. The lower residence features a full spa, a movie theater, game room and a car washing station.


















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     4624 81st Avenue SE, Mercer Island, WA 98040 with 5 bedrooms, 6 baths and 5,090 sq.ft. is listed for sale at $3,980,000.

You truly can have it ALL with this Brand New High-End Custom Contemporary by Aspen Quality Homes. Exquisite 5BR, 5.5 Bath home with beautiful lake & mountain views, western exposure, fantastic floor plan, back yard off kitchen & a favorite Mercer Island neighborhood. Amazing covered outdoor view deck connects seamlessly with great room & epicurean kitchen inside. Gorgeous walnut dining bar. Distinctive materials & fixtures throughout. All BRs have private baths. Large bonus room. 3 Car Garage.














Today's Best Mortgage Rates.
Another 9 Month High and Same Cautionary Tale For Mortgage Rates
Jan 26 2018, 2:02PM


Mortgage rates moved higher today, bringing them up to yet another 9-month high. Underlying bond markets ended the week in roughly the same shape as last week, but the mortgage bond market has been volatile over the past 3 days.  That volatility makes it more expensive for lenders to guarantee any given rate, thus accounting for the new highs this week.

It's very important to note that there were two examples of reasonably positive movement in rates this week (Tue/Thu) and that both of them were quickly eclipsed and replaced with new long-term highs on the following day.  It's for this reason that I've continued to advocate  a defensive stance despite periodic victories.  Such victories are bound to occur in any interest rate environment.  We need to see bigger victories and more of them if it's going to make any sort of sense to be anything other than defensive when approaching the current interest rate landscape.  Lock early and plan on rates moving higher until we see a broad shift in momentum.  Rest assured, I'll be writing all about it whenever it finally happens.
                                                                                                                             52 Weeks

ProductTodayYesterdayChangeLowHigh
30 Yr FRM4.28%4.25%+0.033.84%4.39%
15 Yr FRM3.65%3.62%+0.033.12%3.65%
FHA 30 Year Fixed4.05%4.00%+0.053.35%4.05%
Jumbo 30 Year Fixed4.41%3.38%+1.033.37%4.60%
5/1 Yr ARM3.34%3.31%+0.032.98%3.34%
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!