Monday, February 5, 2018


Today's Best Mansionwww.todaysbestmansionsforsale.com

#1      1220 Watson Divide Road, Snowmass, CO 81654 with 7 bedrooms, 11 baths and 18,000 sq.ft. is listed for sale at $58,500,000.



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

Taking its name from surrounding Snowmass Mountain, Capitol Peak, Mount Daly and Mount Sopris, Four Peaks Ranch is the consummate mountain sanctuary. Once inside the gate, a world of unique splendor and beauty awaits. An outdoor paradise spreads out amongst the 876 pristine and unspoiled acres with 15 miles of alluring private trails for hiking, biking, horseback riding, 4 wheeling, snowmobiling, paintball, and cross-country skiing. Moreover, a stocked pond and private beach with cabana, abundant wildlife for an exceptional private hunting experience, a chipping and putting green, and even a private labyrinth make these outdoor activities unrivaled for a personal residence of this stature. When the need for outdoor adventure is met, an abundance of essential indoor amenities are sure to pamper and indulge. From the wealth of fine and exotic finishes, opulent furnishings and quality workmanship to the gracious and inviting living spaces, comfort is at a premium in every aspect of the Craftsman-style and Leeds-built 18,000 square feet of living space. Consider the extent of thoughtful detail present in the design and planning - steam showers in every bedroom suite, an unrivaled master wing with richly appointed his and her bathrooms, two private offices, magnificent dining room with grand views framed by large windows, intimate spaces for smaller casual gatherings or expansive areas for hosting VIP's and dignitaries, large screen theater with plush leather seating and mini stage, large bar and climate controlled wine room. Like a day at the spa, the luxurious massage room offers a chromotherapy tub, vitamin D-infused sauna and steam room, as well as a 20 x 60 foot indoor/outdoor saltwater pool with grottos and waterfall, portable oxygen bar, and well-equipped exercise room. Providing a living experience like few offerings in the world can, words like sublime and quintessential have been invented to describe estates like Four Peaks Ranch, but rarely will a location and setting like this leave one speechless.

















Today's Top Real Estate News 
Builders See Strong 55+ Housing Market
By Jann Swanson
Mortgage News Daily
14514 190th Avenue East, Bonney Lake, WA 98391 with 2 bedrooms, 2 baths, 1,779 sq.ft. is listed for sale at $519,974.  Part of the master plan of Tehaleh, this 55+ resort community is a new style of Trilogy Development, offering an enriching lifestyle and uniquely-designed homes in a more intimate setting that attracts people with a zest for life.


The aging of America seems to be stoking the enthusiasm of homebuilders about catering to the senior set.  The National Association of Home Builders (NAHB) conducts a survey among its new home builders each quarter, similar to the monthly one it conducts to calculate its Housing Market Survey (HMI.)  The quarterly survey however is focused on the over 55 housing market. 

NAHB reports that its fourth quarter 55+ HMI jumped 12 points to a record higher of 71.  It was the 15th consecutive quarter in which the index has exceeded 50, the break-even point at which more respondents view conditions as good than poor.



As in the monthly survey, builders are asked to categorize their current perceptions of the market and their expectations for the next six months as good, fair, or poor. They are also asked to rate prospective buyer traffic as high, average, or low.

In the single-family segment, the HMI reached a record high not only overall, as reported above, but also for positive responses regarding current sales, up 14 points to 29.  The component reflecting future expectations jumped 10 points to 73 and responses about buyer traffic was up 7 points to 51.

The 55+ HMI has an additional refinement.  In addition to the single-family index reported above, there is a separate segment for multifamily condominiums. Responses in that segment were a little less enthusiastic, but the overall HMI rose 3 points to 54, The index component for present sales increased 4 points to 59 and expected sales for the next six months climbed 5 points to 60. Responses regarding buyer traffic were unchanged at 40.



NAHB also generates supply and demand measures for the 55+ multifamily rental market. The measure of current production increased 3 points to 62, and that for expected future production was up 4 points to 61 in the fourth quarter.  The index reflecting present demand fell 4 points to 71 and the one for future expected demand dropped 9 points to 67.

NAHB's Carmel Ford said, "The fourth quarter 55+HMI readings reflect a strong 55+ housing market, driven by favorable demographics and rising homeowner wealth. The readings are consistent with other indices measuring the housing market, such as the NAHB/Wells Fargo HMI, which also increased considerably at the end of 2017.




Today's Top San Diego Luxury Estates

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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      1210 Neptune Avenue, Encinitas, CA 92024 with 6 bedrooms, 7 baths and 
5,825 sq.ft. is listed for sale at $10,000,000.


Drenched in coastal sunlight and dripping with the timeless nostalgic style the Weir Brothers were known for designing, this nearly 10,000 square foot cape cod home sits on over 70 feet of Encinitas OCEAN FRONTAGE.
















Today's Top LA Luxury Estate.

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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      168 Emerald Bay, Laguna Beach, CA 92651 with 5 bedrooms, 7 baths and 
5,850 sq.ft. is listed for sale at $19,495,000.



Showcasing one of Emerald Bay's finest front-row locations, this exquisite estate blends Old World elegance with contemporary flair in a grand residence that maximizes panoramic ocean views from almost every room. The impeccable seaside sanctuary rivals 5-star resort living, promising its fortunate residents a rare lifestyle complimented by a setting just above a beautiful private beach. Reflecting unparalleled craftsmanship and attention to detail,






















Today's Top Phoenix Luxury Estate 

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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      9290 East Thompson Peak, Parkway, Scottsdale, AZ 85255 with 5 bedrooms, 
6 baths and 6,2999 sq.ft. is listed for sale at $3,595,000.



A much desired contemporary home now available in the Country Club neighborhood of DC Ranch. The stunning lines of this 6,299 square foot home, both inside and out are perfect for those wanting simple, sleek, new, modern. The interior finishes provide a backdrop that will enhance furniture of any style. The floorplan is open and flows seamlessly through kitchen, living room and family room. With 3 bedrooms on lower level and two upstairs with a bonus room, the home works well for most any family. The expansive back yard feels resort like and includes all the amenities necessary for entertaining or just relaxing with family. Don't miss seeing this unique opportunity in DC Ranch.












Today's Top San Francisco Luxury Estate

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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     883 Robb Road, Palo Alto, CA 94306 with 5 bedrooms, 10 baths and 9,750 sq.ft. is listed for sale at $14,500,000.


Gorgeous gated Mediterranean villa just completed in summer 2017. Located on a private cul-de-sac with approximately one acre of manicured grounds, sweeping San Francisco Bay views from almost every room. 2-story main residence has 5 suites and 2 half-baths. 3 suites on main level. Lower-level includes recreation area, wet bar, wine cellar, storages, and theater. 2- story cabana with 1 suite, office, studio, plus 2 full baths and laundry area - flexible space for fitness, office, or guests. Rooftop terrace with grand views. Wraparound loggia surrounds a large courtyard, this home maximizes the indoor/outdoor California lifestyle, wonderful for entertaining. GreenPoint Rated 157 points, smart home technology. Ample parking on both upper and lower levels. Close to Stanford, Palo Alto & Los Altos shopping, Google, Facebook, Tesla, Esther Clark Park. Top-ranked Palo Alto schools.














Today's Top Seattle Luxury Estate

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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      5552 NE Windermere Road, Seattle, WA 98105 with 5 bedrooms, 6 baths and 
6,610 sq.ft. is listed for sale at $4,295,000.



Remarkable opportunity! First time available! Custom, Modern home in prize location. Richly appointed from the landscaping to the interior details. Sweeping drive, Italian Cypress, and magnificent street presence. Exciting spaces include two story entry, living and dining rooms. Opulent use of glass welcomes natural light. Polished limestone floors, brushed steel railings, and dramatic split staircase. Private Outdoor BBQ terrace, Close to Windermere Park and Beach. Extraordinary!














Today's Best Mortgage Rates.
You Thought Thursday Was Bad For Mortgage Rates?.
Feb 2 2018, 7:13PM

If you thought Thursday was bad for mortgage rates, you're probably not going to be a big fan of Friday either.  And since it was the end of a week, we could similarly say you won't like this week if you didn't like the previous example.  That's been true all year so far.  And hey!  Those week's add up to a month (we'll give yesterday and today a pass and consider them to be in the first month of 2018) so we can also say if you didn't like the last month of 2017, you're really going to hate the first month of 2018. 

So what's going on?  Nothing outside the ordinary.  The only problem is that "the ordinary" has involved bond market participants looking for almost every opportunity to sell bonds, thus pushing rates higher.  Today's focal point was the big jobs report in the morning.  This data traditionally packs a big punch but it hasn't been a big market mover recently.  That appeared to change today, but the rate spike had more to do with the fact that traders were intent on pushing rates higher anyway and simply waiting to make sure the jobs data didn't throw a wrench in the works.  Granted, there was no way to know this would happen before it happened, but in any event, our default stance has been to assume rates will continue higher until they give us clear evidence to the contrary.  Needless to say, we're nowhere close to amassing any such evidence after days like today.

Rates are now officially at the highest levels in more than 4 years.  The average lender is in the mid 4 percent range when it comes to quoting conventional 30yr fixed rates for well-qualified borrowers. 
                                                                                                                               52 Weeks
ProductTodayYesterdayChangeLowHigh
30 Yr FRM4.45%4.39%+0.063.84%4.45%
15 Yr FRM3.79%3.75%+0.043.12%3.79%
FHA 30 Year Fixed4.25%4.25%--3.35%4.25%
Jumbo 30 Year Fixed4.50%4.48%+0.024.10%4.60%
5/1 Yr ARM3.42%3.40%+0.022.98%3.42%
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!