Monday, January 8, 2018




Today's Best Mansionwww.todaysbestmansionsforsale.com

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

#1      22160 Pacific Coast Highway, Malibu, CA 90265 with 4 bedrooms, 5 baths and 4,036 sq.ft. is listed for sale at $24,500,000.


Located on one of the most exclusive enclaves in the world, this two-story Carbon Beach home, with 60' of sandy beach frontage, offers the ultimate Malibu lifestyle. Private and gated with a beautiful landscaped courtyard entry, BBQ island and access to the sandy beach, the main level includes an ocean view, high wood ceiling great room with fireplace living room, dining area, additional sitting room with custom bar and a gourmet island kitchen, all with ocean views through walls of glass sliders that open to an expansive entertaining/viewing deck with outdoor shower and spectacular Catalina, whitewater and panoramic coastline views. The entire second floor, with skylight landing, offers a generous sun-filled master retreat with high wood ceilings, separate sitting area or gym and a luxurious bath with spa tub, glass shower and endless ocean views. There are three en-suite bedrooms on the main level, detached garage and guest parking. Close to restaurants, shops, organic grocery and downtown Malibu. 




















Today's Top Real Estate News 

Seattle and Brooklyn Saw Soaring Luxury Prices in 2017. These urban areas bucked the softness and oversupply plaguing many U.S. luxury markets.

By Beckie Strum
Mansion Global

Seattle saw one of the fastest growing luxury markets of any major metropolitan area in the U.S.  Brooklyn’s luxury housing market saw the fastest price growth of any major metropolitan area in the U.S. last year, according to data from Realtor.com.  

Luxury prices in the New York City borough increased over 30%, growing twice as fast as its mainstream market, according to the property site, which collected data on the top 5% of sales in 74 counties with significant luxury activity in 2017.



67 Joralemon Street, Brooklyn, NY 11201 with 5 bedrooms, 4 baths and 3,000 sq.ft. is listed for sale at $5,750,000.

For the most part, the strongest luxury housing growth in the U.S. centered in second-home hotspots like the ski resorts of Colorado and island escapes in Hawaii, according to the data. Only a few urban centers, like Brooklyn, Seattle, and Marin County, California, saw the high-end move faster than the overall market.

Brooklyn, which long served as a second-best option to Manhattan, has reinvented itself as a first choice, according to appraisal firm Miller Samuel, which has been tracking the market there for roughly a decade.

“The sweet spot for the market, the price range with the largest percent gain in sales, was the $2 million to $3 million market,” according to the latest report by firm.
As luxury developers see success in projects outside of Manhattan, expensive condos have also helped fuel the high-end market in Queens. Luxury prices in that borough jumped nearly 11% last year, with around a fifth of sales over $1 million.

Meanwhile, a local economic boom is aiding the Seattle property market. In the Seattle-Tacoma-Bellevue metro area, luxury prices soared 16%, to an average $1.181 million, according to the Realtor data.

Blue-chip employers such as Starbucks and tech companies like Microsoft and Amazon are fueling the good times in Seattle. Silicon Valley workers are also jumping ship to work in offices in the nearby but far less expensive city. Facebook and Google both have satellite offices there.

On average, it takes a luxury home in Seattle only two-and-a-half months to sell, according to Realtor. By comparison, the average for the 74 markets included in the Realtor data was 140 days or 4.66 months.

Marin County, to the north of San Francisco, also saw its luxury sector move faster than the overall market, with average sales prices in the top 5% growing 11.63% in 2017.
Strong price growth in the luxury sector runs counter to an overall trend in the U.S., where overdevelopment has left many of the country’s urban centers with an oversupply of very expensive homes and a dearth of affordable housing. For instance, Manhattan saw luxury housing prices grow less than 6% in 2017 while prices in the general market grew twice as fast.



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      6001 La Jolla Scenic Drive S, La Jolla CA 92037 with 7 bedrooms, 7 baths and 7,570 sq.ft. is listed for sale at $9,998,000.



This Tropical Modern estate on almost two acres of lush tropical grounds offers a sleek contemporary aesthetic with exotic woods and full slabs of onyx, magnificent whole house control systems, and endless luxuries well beyond the level of the finest five star resort. Combining signature architect design with Polynesian accents creates spectacular drama and calm while state-of-the-art gated security and smart home technologies ensure complete comfort.




















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      2100 Sunset Plaza Drive, Los Angeles, CA 90069 with 6 bedrooms,11 baths and 10,466 sq.ft. is listed for sale at $18,000,000.




Unparalleled development opportunity on prime Sunset Plaza Drive. Feel like you're on top of the world in this 10,000-square foot estate on a 2-acre promontory with endless jetliner views. Gated and private, the property has vast park-like grounds with a championship-sized tennis court, walking paths, and an observatory. The home offers 6 en-suite bedrooms and 11 total bathrooms, plus incredible entertaining spaces including a 3-story theater, bar and billiards room, and Moroccan-themed meditation room. Additional features include a gym, elevator, 1000-bottle wine cellar and 5-car garage. Numerous balconies, patios and rooftop decks highlight the unobstructed city and ocean views. Remodel the existing home to your tastes or use the included Richard Landry-designed plans for a contemporary masterpiece. 




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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     4601 East Ocotillo Road, Paraise Valley, AZ 85253
 with 5 bedrooms, 7 baths and 7,178 sq.ft. is listed for sale at $3,850,000.



Breathtaking views of Camelback Mountain from this extremely lightly lived in custom estate in prime Paradise Valley. Original owners have meticulously maintained both the interior and exterior of the property which features antique timber beams, groin vault ceilings, custom stone mantels, European plaster, hand carved cabinetry and an Italian Tile roof. In addition to the four ensuite bedrooms, the property has a separate theater room, exercise room with attached bath and a full guest casita. The expansive backyard features numerous patios for dining and entertaining, a picturesque pool and spa and a large vegetable garden. Don't miss this opportunity to own a truly quality built home!

















Today's Top San Francisco Luxury Estate

Image result for San Francisco skyline pictures

The median home value in San Francisco County is $1,276,000. 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      26 Sky Road, Mill Valley, CA 94941 with 5 bedrooms, 7 baths and 6,923 sq.ft. is listed for sale at $9,990,000.



Stunning French Chateau style on mostly level lot over 1.6 acres with breathtaking views of San Francisco from almost every room. Gated estate with lots of privacy. Main home offers 5 master suites, 1 half bath, living room, formal dining room, gourmet kitchen with eating area, family room, library/den, laundry room and 3 car garage. Detached pool house with separate entrance features full bathroom. Large level yard, infinity pool & spa.



















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     555 5th Avenue W, Kirkland, WA 98033 with 3 bedrooms, 4 baths and 4,264 sq.ft. is listed for sale at $7,985,000.



Precision in every detail ~ Sited prominently on the shores of Lake Washington, this commercial strength lakefront residence has been reconstructed to exhibit the essence of a Luxe lifestyle. Floor to ceiling Fleetwood doors showcase the western exposure while a fluid floorplan lends a sense of expanse and privacy. Bespoke architectural details delight the senses. A newly completed carriage house and oversize garage add flexibility to the design. Exquisite outdoor entertaining and dock.



















Today's Best Mortgage Rates

Mortgage Rates Better at First, Following Weaker Jobs Numbers
Jan 5 2018, 5:00PM


Mortgage rates moved lower following a weaker-than-expected jobs report.  The so-called "jobs report" (officially "The Employment Situation") is--on average and over time--the most important piece of economic data on any given month.  While it has recently taken a back seat to the likes of the Consumer Price Index (CPI... an inflation report), it always has the power to move bond markets.  Bonds, in turn, move mortgage rates.

Today's jobs report missed the mark.  The traditional implication is for slightly lower rates, and that's exactly what happened... at first. 

Apart from the aforementioned CPI report, economic data has generally been less important to rates than it has been in the past.  The reaction to the jobs data was quick, shallow, and ultimately reversed within an hour.  Still, it provided a temporary boost that allowed lenders to offer rates that were just slightly lower than yesterday's.

Bonds weakened heading into the afternoon.  Several lenders responded by issuing rate sheet adjustments (for the worse).  Lenders who didn't reissue rates would need to account for the weakness next Monday.  In other words, they'll be starting the weak at a slight disadvantage.
                                                                                                                          52 Week
ProductTodayYesterdayChangeLowHigh
30 Yr FRM4.06%4.07%-0.013.84%4.39%
15 Yr FRM3.41%3.41%--3.12%3.61%
FHA 30 Year Fixed3.75%3.75%--3.35%4.05%
Jumbo 30 Year Fixed4.21%4.22%-0.014.10%4.60%
5/1 Yr ARM3.21%3.22%-0.012.98%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!