Friday, February 9, 2018


Today's Best Mansionwww.todaysbestmansionsforsale.com

#1      Villa Maria, Water Mill, NY 11976 with 11 bedrooms, 12 baths and 20,000 sq.ft. is is back on the market with a continent contract available at $72,000,000.




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

Molded and inspired by the array of quality and taste of a time that has longpassed, Villa Maria epitomizes the splendor of an estate that cannot be duplicated and often unattainable today. Featured in Architectural Digest and included in the affections of many of notability over the years, the resplendent estate surrounded by serene privacy, stone walls, endless water views, and verdant gardens, has seen the ultimate in high style for decades. The property consists of a huge multilevel, yet friendly and warm main residence of 20,000 square feet, two guest cottages, 15 acres, 11 bedrooms, and 13 baths along with 1,100 feet of breathtaking waterfront.  Here in America, historical monuments are built in the form of fine old homes rather than palaces, temples, and tombs; fine homes that tell the history of an era and continue to do so. Perhaps there are a thousand or so exemplars that survive today and those that remain indicate that they were built to last. To continue looking stunning and being completely functional in the era we live in today, does take some doing. Often we find grand estates pitifully remodeled, down-at-the heels,or furnished completely out of character. To have an owner that takes interest in restoration in the most authentic, dramatic, functional way that belies the quick fix - ultimately offering up a phenomenal home that will exist for many more generations - is the treasured pearl in the oyster.True to the nature of the often lost unique and mysterious bits of information that come out during renovations, Teddy Roosevelt's horse "General Ruxton," was found buried on the property - the same bronze horse he still bravely sits on today outside the Museum of Natural History in New York City. Morse was not particularly fond of lavish parties. He was however an enthusiastic horseman, and enjoyed owning conversation pieces suchas General Ruxton. The Morses sold the place that overlooked Mecox Bay in 1929 andagain, the baronial home came into the hands of a series of new owners: a banker, a movie star, and in 1931, an order of devout Roman Catholic nuns who named this glorious structure Villa Maria.The sisters sold it in 2005 to the current owners of note who would lovingly restore it..."No matter how long it took." Contingent offer on estate with first right of removal.














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Today's Top Real Estate News 
Consumers are Stoked About Housing Market
By Jann Swanson
Mortgage News Daily


Pending after 5 days on the market!!!   13339 122nd Place NE, Kirkland, WA 98034 with 4 bedrooms, 3 baths and 1,890 sq.ft. was listed for sale on 2/3/18 at $750,000.  It previously sold for $535,000 on 3/15/16

Five of the six components that make up Fannie Mae's Home Purchase Sentiment Index (HPSI) rose in January, pushing the index to an all-time high. HPSI, a quantification of some of the data collected through Fannie's National Housing Survey, was 89.5, up 3.7 points from the December reading.  The index is also 6.8 percentage points higher than in January 2017.



The only survey question for which the net positive responses did not improve in January was whether household income had grown significantly over the previous 12 months. That score was unchanged at 16 percent.

A conviction that home prices will continue to rise was the main driver of the overall index. The net of responses predicting further gains was up 8 points from December to 52 percent. This is 10 points above the net a year ago.  Fifty-eight percent of respondents answered yes to the question, a survey high.

Sentiment about whether it is a good time to buy a home or to sell one both rose during the month. The net change in positive good-to-buy responses was up 3 percentage points to 27 percent, reversing much of January's 5-point decline. The net positive responses regarding selling grew by 5 points to 38 percent, 23 points higher than in January 2017. The percentage of those answering that it was a good time to sell hit a survey high of 65 percent.

Americans also expressed a greater sense of job security; the net share who say they are not concerned about losing their job increased 5 percentage points. Finally, net responses from consumers about whether mortgage rates will decline down over the next 12 months increased 2 percentage points although that net still remains underwater by 50 points.

"HPSI rebounded from last month's dip to a new survey high in January, in large part due to the spike in consumers' net expectations that home prices will increase over the next year," said Doug Duncan, senior vice president and chief economist at Fannie Mae. 

"Results may continue to fluctuate over the coming months as consumers sort out the implications of the newly passed tax legislation on their household finances. "Over the past year, continued home price growth has helped spur a sizable increase in the net share of consumers who say it's a good time to sell a home but also a modest weakening in the net share who say it is a good time to buy. At the start of 2018, it is still too early to determine the overall effect of the new tax legislation on housing, and we will need to see whether positive impacts on both housing demand and supply materialize in the coming months."

The NHS, from which the HPSI is constructed, is conducted monthly by telephone among 1,000 consumers, both homeowners and renters.  Respondents are asked more than 100 questions to track attitudinal shifts.  The Home Purchase Sentiment Index (HPSI) distills information about consumers' home purchase sentiment from six of those questions into a single number. The January 2018 National Housing Survey was conducted between January 2 and January 25, 2018. 


CALIFORNIA LUXURY REAL ESTATE

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      1257 Silverado Street. La Jolla, CA 92037 with 4 bedrooms, 6 baths and 
5,213 sq.ft. is listed for sale at $7,800,000.



With approximately 8900 sq ft of livable space, The Arc House is a collaboration of sophisticated elements creating an astonishing masterpiece in the Village of La Jolla. This modern marvel was designed by the distinguished, Bill Hayer, and took over four years to bring to fruition. At every turn, this home captivates each of your senses, and the contemporary character both inside and out fashions an extraordinary abode not to be missed.







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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      34555 Scenic Drive, Dana Point, CA 92629 with 8 bedrooms, 6 baths and 
4,500 sq.ft. is listed for sale at $17,995,000.




One of the finest and most exclusive properties along the entire California Coast, this exceptionally private and gated 1-acre compound presents an awe-inspiring setting atop the dramatic Dana Point Headlands. Encompassing 2 homesites, the estate--available for the first time in 40 years--is 1 of only 3 in this unparalleled location. Views are unmatched, with 270-plus-degree unobstructed ocean, city light, harbor and Catalina island panoramas enjoyed from nearly every location on the property, including breathtaking vistas of the crashing waves below a one-of-a-kind cliff-side cottage with 3 private decks. Enjoy the sights of passing yachts and sailboats, breaching whales and tranquil sunsets. The historic property is home to an array of residences that are terraced toward the ocean to maximize views from numerous decks. The main residence is open and inviting, a 2-bedroom guest suite with kitchen includes a separate entrance, and a caretakers suite offers a variety of possibilities. Classic coastal style is displayed, including wood ceilings, floors and walls, countless windows and French doors with exquisite craftsmanship. Offering a bluff location, this compound is zoned for high-density residential, making it possible to create a landmark custom home, luxurious condos or a selection of estates from the ground up. Surrounded by a protected nature reserve, the estate is close to 5-star resorts, golf, dining and beaches. Purchase price includes both 34551/34555 Scenic Drive .













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      3120 Alexis Drive, Palo Alto, CA 94304 with 7 bedrooms, 11 baths and 
9,478 sq.ft. is listed for sale at $9,188,000.



Offering expansive rooms with high ceilings and magnificent views, this stunning, custom-built home creates a serene and peaceful atmosphere tucked away in the prestigious Palo Alto Hills. The flowing floor-plan of approximately 8754 sq. ft. includes 6 bedrooms, 8 full baths and 2 half baths in the main home plus a separate guest quarter of 724 sq. ft. (+/-) with full bath and kitchenette. The first floor features formal living and dining rooms, expansive chef's kitchen with multiple casual dining spots, sunlit family room, office, butler's pantry, bedroom suite and half bath. The second floor includes master suite with his and her baths, two additional bedrooms suites and laundry. The lower level offers a game/exercise room, two bedroom suites, wine alcove, spacious media/entertainment room, second laundry and half bath. An elevator services all three levels. The large back gardens with multiple patios boast fabulous city, bay and hill views.













WASHINGTON LUXURY REAL ESTATE

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      3627 42nd Avenue NE, Seattle, WA 98105 with 6 bedrooms, 6 baths and 
6,860 sq.ft. is listed for sale at $10,000,000.




Romantic 1921 Tudor Revival Storybook ~ Pillared Porte Cochere, Mullion Windows, Balcony Merlons, Half-Timbered Pitched Roof. A regal stance on a gentle roll of Laurelhurst Lakefront. 135 feet, willow tree. Original boathouse; extended length dock. Massive living room; window pew. Full peaked window-walls house glass French doors to garden room. Glorious library surround tells its own tale ~ crests, animals, scenic vistas. Breakfast area. Great hall ~ Italian "Scrap" marble. Intimate grandeur!









ARIZONA LUXURY REAL ESTATE

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       26915 North 162nd Street, Scottsdale, AZ 85262 with 5 bedrooms, 6 baths and 6,633 sq.ft. is listed for sale at $4,450,000.


23 Acre Gentlemen's Ranch, One of the most well designed Properties in Arizona. This estate exemplifies what luxurious rural living is all about. Over 6600 sq feet where every detail was well thought out. This home was built 15 degrees off North to keep it cool during the summer months, home incl 5 bedrooms, 6 baths, 4 gas fireplaces., a mud room, oversized laundry room, fully equipped top-of-the-line Gym, surround sound in every room and patio. Beams in the Great Room were hand made. All of the custom ironwork for the home was designed and hand crafted by Arizona Blacksmith and metal artist Joe Hardin. The 4 stall garage was supersized to easily accommodate several extended cab dually trucks or large SUVs. the home features 3 hand painted Ceiling Murals by a local Cave Creek Artist. Water is supplied by an excellent registered and licensed private ground well.
















COLORADO LUXURY REAL ESTATE

Today Top Colorado Luxury Estate


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The median home value in Denver is $393,900. Denver home values have gone up 6.7% over the past year and Zillow predicts they will rise 2.9% within the next year.

The median home value in Avon is $587,800. Avon home values have gone up 6.0% over the past year.             

The median home value in Aspen is $1,453,600. Aspen home values have gone up 2.6% over the past year.

The median home value in Snowmass Village is $1,043,900. Snowmass Village home values have declined -0.9% over the past year

The median home value in Vail is $890,200. Vail home values have gone up 8.3% over the past year.

#1      639 Hunter Creek Road, Aspen, Colorado 81611 with 5 bedrooms, 6 baths and 
7,401 sq.ft. is listed for sale at  $14,950,000.



Open the door and enjoy drop-dead views of Independence Pass, Aspen Mountain and Snowmass from this premier Red Mountain location. No need to look any further - DONE! Listen to the sounds of Hunter Creek from this end-of-road location in Red Mountain Ranch. This is a corner property with nothing to the east but the Hunter Creek below and the trailhead across the street. The home is almost entirely above grade, offering five oversized bedrooms with en-suite baths, media/game room, gym and three-car garage,












FLORIDA  LUXURY REAL ESTATE

Today's Top  Florida Luxury Estate          

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The median home value in Palm Beach is $907,800. Palm Beach home values have gone up 7.8% over the past year and Zillow predicts they will rise 0.2% within the next year.

The median home value in Naples 34102 is $602,800. Naples home values have declined -3.9% over the past year and Zillow predicts they will fall -0.1% within the next year. 

The median home value in Key Biscayne is $1,106,500. Key Biscayne home values have declined -6.0% over the past year and Zillow predicts they will fall -4.5% within the next year.

#1      555 Island Drive, Palm Beach, Florida 33480 with 6 bedrooms, 9 baths and 
9,356 sq.ft. is listed for sale at $23,900,000.



This Bermuda style home on Everglades Island epitomizes elegance and classical style. The home has 175' of waterfront. It has a most desirable western view with beautiful sunsets. This home was totally renovated in 2008 by Palm Beach architect, Tom Kirchoff. It is built around an atrium and all rooms open to the water or garden spaces. The tropical gardens were designed by Mario Nievera. This house has a spacious, comfortable master suite, five additional bedrooms, seven bathrooms and two powder rooms. The house flows beautifully for entertaining. Features include an exceptional kitchen, wine room, pool, spa, full house generator, impact windows and doors, lutron light system and a water filtration system. Truly a unique opportunity. 
arage. 







NEW YORK LUXURY REAL ESTATE

Today's Top New York Luxury Estate


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The median home value in Manhattan is $1,396,100. Manhattan home values have gone up 17.7% over the past year and Zillow predicts they will rise 3.9% within the next year.

The median home value in Brooklyn is $769,800. Brooklyn home values have gone up 12.6% over the past year and Zillow predicts they will rise 3.4% within the next year. 

The median home value in Southampton is $1,507,400. Southampton home values have gone up 8.1% over the past year and Zillow predicts they will rise 3.0% within the next year. 

#1      9 East 77th Street, New York, NY 10075 with 6 bedrooms, 5 baths and 
7,240 sq.ft. is listed for sale at $18,500,000.




This meticulously renovated townhouse located at 9 East 77th Street is an elegant and graciously proportioned limestone townhouse. It is a single family home built in 1910 and includes 13 rooms, 6 bedrooms and 4.5 baths. The townhouse has two doors, one to the formal entry and foyer and the second to a mud room which is an attractive alternative for owners or when dealing with inclement weather. On the first floor, the newly renovated kitchen provides generous space with state-of-the-art appliances for cooking and entertaining. The kitchen is open to a family room that includes over-sized glass doors that open onto a private garden and fountain. 















Today's Best Mortgage Rates.

Mortgage Rates Higher Still; Intraday Volatility Increasing
Feb 8 2018, 5:22PM

Mortgage rates continued higher today, bringing the average 30yr fixed rate to another new multi-year high.  That said, rates may vary quite a bit from lender to lender for several reasons.  First, intraday volatility is back with a vengeance.  For much of 2017, lenders were less likely to change rates in the middle of the day than to simply leave the morning rate sheet intact through all the little ups and downs in bond markets.  Now that those ups and downs are getting bigger, lenders are much more willing to reissue rate sheets--sometimes several times a day.

In today's case, rates began at the worst levels in more than 4 years, but mid-day bond market improvements allowed quite a few lenders to offer better rates in the early afternoon.  Those afternoon rates were thus slightly lower than "the highest in more than 4 years."

Rates have varied quite a bit from lender to lender as well.  Even at the same lender, the previous gaps that existed between 30yr, 15yr, jumbo, ARM, and FHA loans have been in a state of flux amid the market volatility.  The closest thing we have to common thread is a top  tier conventional 30yr fixed quote having moved up to roughly 4.5%, with more than a few lenders up to 4.625%. 

While there's always a chance that rates are close to finding their first major ceiling in 2018, it's safer to assume they can continue to move higher until we see clear evidence to the contrary.  Rest assured, whenever that evidence emerges, you'll hear it here first.
                                                                                                                         52 Week
                    
Product          TodayYesterdayChange  LowHigh
30 Yr FRM4.49%4.45%+0.043.84%4.49%
15 Yr FRM3.85%3.79%+0.063.12%3.85%
FHA 30 Year Fixed4.30%4.25%+0.053.35%4.30%
Jumbo 30 Year Fixed4.54%4.50%+0.044.10%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!