Thursday, January 4, 2018




Today's Best Mansionwww.todaysbestmansionsforsale.com

It's lavish. It's huge. It's grand. It's expensive
 
#1      34 Maple Street, San Francisco, CA 94118 with 9 bedrooms, 8 baths and 
11,700 sq.ft. is listed for sale at $25,000,000.


An opportunity to own one of the finest homes in San Francisco. This exclusive one of a kind home is located on one of the most prestigious streets in San Francisco. On a private cul-de-sac in Presidio Heights, it embraces the entire corner block. Pulling up to the extended driveway, through a beautiful automatic gate, one is immediately struck by the sweeping grounds revealing a serene flat park-like setting complete with beautiful landscaping, flowering gardens, mature trees and lush lawns. From the driveway, there is access to a large four car garage and ample parking for an additional five or more cars on the secure and private driveway. This extraordinary home sits on over a quarter of an acre of land and boasts close to 12,000 square feet of living space. It overlooks and borders the Presidio greenery and offers the ultimate in privacy and views. A masterpiece built exclusively for the prominent Mary A. Huntington in 1910. The renowned architect Hermann Barth designed this spectacular home with unparalleled quality, scope and scale with attention to detail highlighting the fine artistry and workmanship. Custom finishes complete each space while providing comfort and elegant design. The high ceilings and abundance of windows and glass doors opening to the exterior fill this home with light and warmth. From the bay views and lush green vistas, it is welcoming, inviting and breathtaking in every way! 

























Today's Top Real Estate News 

Home Prices Are Set To Soar In 2018

By Diana Olick
CNBC.com


The temperature may be frigid across much of the nation, yet home prices are sizzling and sellers are in the hot seat.  Sales prices jumped 7 percent annually in November, according to a new report from CoreLogic.  That is the third straight month at that pace, far higher than the price gains in the first half of 2017. Low supply and high demand are fueling the spurt and neither of those is expected to ease up anytime soon.

Supply is actually falling even more now, and a strengthening economy is pushing demand. This will have potential buyers out early this year, trying to get a jump on the spring market.
"Rising home prices are good news for home sellers, but add to the challenges that home buyers face," said Frank Nothaft, chief economist at CoreLogic, in the report. Nothaft said the limited supply is the worst at the lower end, and will hit the growing number of first-time buyers hardest.

The largest metropolitan areas are seeing the biggest gains.
In the nation's top 50 markets, half of the housing stock is now considered overvalued, based on market fundamentals, like income and employment. CoreLogic defines an overvalued housing market as one in which home prices are at least 10 percent higher than the long-term, sustainable level.

Las Vegas led the November report as not only being overvalued, but showing a double-digit annual price gain of 11 percent..

San Francisco was not far behind at 9 percent, and Denver came in third at 8 percent.
Las Vegas and Denver are both considered overvalued, but San Francisco is not, as incomes in the tech capital far exceed the national level.

Of the nation's 10 major markets with the biggest price gains, seven are overvalued. These include Washington, D.C., Houston and Miami. Boston and Chicago are still seeing price gains but are considered at value.

Without a significant jump in home construction, prices will remain high and likely move higher. Mortgage rates could also move slightly higher, and new tax policy limiting mortgage and property tax deductions, is hitting homeowners in some states hard.


All will combine to make housing less and less affordable in the new year.



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      1730 Coast Blvd., Del Mar, CA 92014 with 3 bedrooms, 3 baths and 1,572 sq.ft. is listed for sale at $3,085,000.


This contemporary beach house is located in the most sought after area of Del Mar's Beach Colony. Steps from the sand at Del Mar's most popular beach and within blocks of the Powerhouse Park, oceanfront restaurants, and the Del Mar Plaza. The home has an attractive exterior elevation and has a number of interior architectural features that are worth preserving / highlighting. Whether you remodel the existing home, or start over and build new, this is surely an opportunity that you don't want to miss!






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      28820 Grayfox Street, Malibu, CA 90265 with 5 bedrooms, 5 baths and 
5,999 sq.ft. is listed for sale at $9,995,000.



Sitting on over one-acre, this ultra-private Point Dume estate offers Resort-Style living, and deeded beach rights to Little Dume. The main house offers 5 bedrooms, 5 baths, with open living and dining areas, media room, and wine cellar. The master suite includes a spa bathroom, large walk-in closet, fireplace and walkout balcony leading to the viewing tower with mountain and ocean views. There are two, detached guest suites with kitchenettes and private balconies. The grounds feature a salt-water pool and spa, lighted tennis court, orchard and seating areas perfect for entertaining!

















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      4501 East Foothill Drive, Paradise Valley, AZ with 4 bedrooms, 5 baths and 5,654 sq.ft. on the market at $5,925,000 is scheduled for auction on Feb.15th with no reserve.



.Making its Market debut - Majestic Heights rests on one of Paradise Valley's highest lots offering stunning cityscape views. Created with a Mediterranean flare and providing resort-style amenities, it offers a sense of seclusion with unparalleled privacy and spectacular landscaping. An entertainment wing was added to the property complete with a versatile gathering space, two bedroom guest suite, and an expansive multi-use space which can accommodate a 16-car garage, indoor children's play area, full gymnasium, indoor sports court and more. A RARE opportunity for you to own at YOUR price!

















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       65 Selby Lane, Atherton, CA 94027 with 7 bedrooms, 11 baths, and 10,815 sq.ft. is listed for sale at $10,800,000.


This stunning manor home presents the grandeur reminiscent of a European villa. The open concept floor plan is lavishly appointed in marbles and fine hardwood with three spacious levels connected by a spiral staircase. Luxurious amenities are found at every turn sumptuous all-marble bathrooms with heated flooring, a recreation room with full bar, wine cellar, theater, spa, and much more. The home is equally well suited as an estate for grand entertaining, a home for multi-generational living, or as a family residence with its close proximity to excellent private schools and Stanford University. Vast terraces, plus a pool and spa, invite outdoor living amid the privacy afforded by almost one acre. Close to Sand Hill Road venture capital centers and Silicon Valley tech centers, this home is also convenient to two airports for domestic and international travel.














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      905 Lake Street S, #301, Kirkland, WA 98033 with 2 bedrooms, 3 baths and 
4,265 sq.ft. is listed for sale at $6,000,000.



Exquisite waterfront penthouse w/ magnificent, panoramic southwesterly views of Lk WA, Seattle, sunsets & the Olympics. Truly rare opportunity in Waters Edge Kirklands most sought-after condominium. Light-filled & open, w/ immense room sizes, sophistication & style. 4,230 sqft - oversized master, separate guest suite, den, chefs kitchen & expansive veranda overlooking Kirklands most coveted coastline. Quality moorage & 3 parking spaces. All just a few blocks to eclectic downtown Kirkland!



















Today's Best Mortgage Rates
Mortgage Rates Hold Steady Despite Fed's Warning
Jan 3 2018, 3:44PM

Mortgage rates were unchanged to slightly lower today, depending on the lender.  Merely holding steady is a victory today.  Reason being: bond markets (which dictate rates) weakened yesterday.  That implied higher rates ahead.  Lenders had the choice to change yesterday's rate sheets for the worse or to wait until this morning to make the adjustments.  Very few issued reprices yesterday.  In other words, this morning's rate sheets needed the overnight bond market strength in order to hold steady.

Fortunately, that strength was just enough for the average lender to remain in similar shape to yesterday or better.  There were a few brief spats of intraday market volatility, but none were sufficient to prompt any rate changes from mortgage lenders.  

The Fed released the Minutes from its last policy meeting.  These suggested the Fed had a deeper conversation regarding the impact of tax reform than conveyed in the official policy statement.  In general, to whatever extent the Fed feels like it needs to combat a hotter-running economy, it would be more willing to hike rates.  Markets reacted with weakness in shorter-term bonds (because the Fed Funds Rate has the most impact on the shortest-term debt).  The weakness (aka, higher yields on stuff like 2yr Treasury Notes), didn't translate to the longer-term bonds that dictate mortgage rates.
                                                                                                                          52 Week
ProductTodayYesterdayChangeLowHigh
30 Yr FRM4.05%4.05%--3.84%4.39%
15 Yr FRM3.39%3.38%+0.013.12%3.61%
FHA 30 Year Fixed3.75%3.75%--3.35%4.05%
Jumbo 30 Year Fixed4.20%4.20%--4.10%4.60%
5/1 Yr ARM3.20%3.22%-0.022.98%3.25%
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

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