Tuesday, May 8, 2018

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Today's Best  Mansions


#1    11 East 74th Street, New York, NY 10021 is listed for sale at $59,500,000   



                     .

Discover unparalleled Upper East Side elegance and refinement in this pristine six-story,6 bedroom, 9 bath, 6,000 sq.ft. and 20-foot-wide limestone mansion, just steps off Fifth Avenue.  Completely gut renovated from cellar to roof deck, this spectacular home features six master bedroom suites, seven full bathrooms, and four half-baths across six floors of living space and an above ground basement leading to a garden. From marble flooring to museum quality custom lighting, no expense has been spared in this magnificent residence with interior design by renowned Bebe Winkler, boasting state-of-the-art home technology and a Gilded Age pedigree.  















11 E 74th St


#2    189 Katama Road, Edgartowm, MA 02539 is listed for sale at $27,500,000. 


Landmark Edgartown Harbor Estate '' One of the most important offerings in recent times. Two parcels, 11 acres in total, over 300' of frontage, sandy private beach and deep water dock. Two waterfront homes '' the original grand dame, an early 1900's vintage Colonial with 9 bedrooms on three levels and the most commanding views of the harbor, lighthouse, Chappaquiddick and Nantucket Sound beyond and the second is a 1970's contemporary also with stunning views. Set far from Katama Road down a long private drive yet is in the most prime location less than a mile to the village or even less by boat. Lawn games overlooking the harbor and tennis tournaments on the private court may be an annual event. Other structures include a boathouse at the water's edge and a bathhouse just steps been held in and treasured by the same family for generations and presents the next owners a number of options to create one of Edgartown's finest 
compounds.
























#3    611 South Ocean Blvd., Delray Beach, Florida 33483 is listed for sale at $21,900,000.

 


Inspired by the great estates of the Cote d'Azure and the Riviera, this magnificent 10 bedrooms, 17 bahs, and 17,610 sq.ft. oceanfront estate is a masterwork of Old World elegance and modern innovation. The spectacular residence presides over 1.3+/- acres of prime oceanfront, commanding majestic views some seventeen feet above sea level. A lavish venue for entertaining, this palatial nine-bedroom residence comprises 21,000+/- total square feet. Opulent appointments include groin-vaulted ceilings, four fireplaces, handcrafted millwork, French limestone, rare blue onyx, and imported granite and marble.






























#4     370 Mountain Home Court, Woodside, CA 94062 is listed for sale at $17,988,000.




This Bucolic Masterpiece has 4 bedrooms, 6 baths and 10,969 sq.ft.. This splendid estate of nearly 3.93 acres (per county) sits on the most coveted street in Woodside and is walking distance to downtown Woodside. The home is every entertainers dream, and includes a recreation room, gym, and guesthouse, for a total of 4 bedrooms, 5.5 bathrooms, and a living area of 10,969 sq. ft. (per drawings). Amenities include a pool, tennis court, exquisite landscape with lush grounds, pergola, and walkways that meander along the creek through wisteria-entwined arbors. Mere moments to Huddart Park, The Horse Park at Woodside, Highway 280, and extensive network of trails for equestrians, hikers, and bikers.
























#5   703 North Palm Drive, Beverly Hills 90210 is listed at $14,995,000



Extensively remodeled Tudor Revival home in coveted Beverly Hills flats offers balance of classic and contemporary design. The gated 6-bed, 6-bath, 7201 sq.ft. estate incorporates top-tier technological features and fine finishes throughout. The main residence is approached from the circular driveway w/4-car port de cochere. Enter into a grand foyer boasting high ceilings & custom wrought-iron staircase. Generous rooms feature French White Oak floors, living room, office, family room, breakfast nook, formal dining room & staff quarters. Gourmet chef's kitchen is adorned w/ marble countertops, Wolf appliances & center island. The family room & breakfast nook converge onto the dining area w/outdoor kitchen. Master suite includes fireplace, sitting area, wine bar & dual custom closets. Grand master bath skylights flood natural light into the spacious spa equipped room w/heated floors. Adjoining balcony overlooks lushly landscaped backyard w/large swimming pool and detached guest house. 

























Today's Mortgage Rates
Mortgage Rates Still Waiting to Make a Move
May 7 2018, 4:14PM

Mortgage rates have been exceptionally sideways for nearly 2 weeks now--this after hitting the highest levels in more than 4 years on April 25th.  As always, the run up to long-term highs happened in concert with weakness in the broader bond market.  Rates are based primarily on the prices of mortgage-backed securities (MBS).  In turn, MBS movement is heavily dependent on movement in the broader bond market (where bonds like US Treasuries are top dog, domestically). 

All that to say: we're not really witnessing a mortgage rate phenomenon, but rather a bond market phenomenon.  Both Treasuries and MBS are trying to decide if they will try to stage a more meaningful recovery or if they will push up to even higher levels than those seen in late April.  Some of this week's data and events could play a role in that decision making process, but we'll be waiting until Wednesday or Thursday to know for sure.  Even then, if the data is inconclusive, we could STILL be waiting for a bigger move, and without any firm indication as to what will ultimately be the motivating factor.

52 Week Range                                          Today        Yesterday                              Low/High

30 Yr FRM4.61%4.62%-0.013.84%4.69%
15 Yr FRM3.99%4.00%-0.013.12%4.06%
FHA 30 Year Fixed4.44%4.45%-0.013.35%4.50%
Jumbo 30 Year Fixed4.67%4.68%-0.014.10%4.70%
5/1 Yr ARM3.79%3.78%+0.013.01%3.80%

Top Ten Luxury Real Estate Markets:

#1   Northern CA:  

The median home value in San Francisco is $1,341,791. San Francisco home values have gone up 11.6% over the past year and Zillow predicts they will rise 5.5% within the next year. 

The median home value in Sausalito is $1,358,699. Sausalito home values have gone up 5.8% over the past year and Zillow predicts they will rise 4.5% within the next year.             

The median home value in Tiburon is $2,547,588. Tiburon home values have gone up 7.1% over the past year and Zillow predicts they will rise 4.8% within the next year.

The median home value in Saratoga is $3,051,327. Saratoga home values have gone up 18.5% over the past year and Zillow predicts they will rise 9.5% within the next year.

The median home value in Palo Alto is $3,336,418. Palo Alto home values have gone up 18.6% over the past year and Zillow predicts they will rise 9.2% within the next year. 

The median home value in Los Altos is $3,601,569. Los Altos home values have gone up 20.1% over the past year and Zillow predicts they will rise 9.4% within the next year.

The median home value in Los Altos Hills is $5,026,841. Los Altos Hills home values have gone up 18.9% over the past year and Zillow predicts they will rise 8.8% within the next year.

The median home value in Atherton is $6,935,277. Atherton home values have gone up 17.3% over the past year and Zillow predicts they will rise 7.9% within the next year.


#2   New York

The median home value in Brooklyn is $773,770. Brooklyn home values have gone up 9.1% over the past year and Zillow predicts they will rise 4.3% within the next year.

The median home value in Manhattan is $1,312,814. Manhattan home values have declined  -0.2% over the past year and Zillow predicts they will rise 2.1% within the next year.

The median home value in Southampton is $1,570,862. Southampton home values have gone up 6.3% over the past year and Zillow predicts they will rise 3.6% within the next year. 

The median home value in Bridgehampton is $2,701,017. Bridgehampton home values have gone up 25.0% over the past year and Zillow predicts they will rise 7.5% within the next year.

The median home value in SoHo is $3,403,252. SoHo home values have gone up 3.6% over the past year and Zillow predicts they will rise 2.2% within the next year.

The median home value in  Water Mill 11976 is $3,278,374. Water Mill home values have gone up 10.8% over the past year and Zillow predicts they will rise 4.4% within the next year.

The median home value in Tribeca is $3,117,391. Tribeca home values have declined 
 -2.7% over the past year and Zillow predicts they will fall -0.4% within the next year.


#3   Southern CA- LA,  Orange, Santa Barbara Counties

The median home value in Los Angeles is $674,140. Los Angeles home values have gone up 9.4% over the past year and Zillow predicts they will rise 4.4% within the next year.

The median home value in Santa Barbara is $1,115,076. Santa Barbara home values have gone up 6.9% over the past year and Zillow predicts they will rise 4.0% within the next year.

The median home value in Newport Beach is $2,140,357. Newport Beach home values have gone up 7.6% over the past year and Zillow predicts they will rise 3.8% within the next year.

The median home value in Pacific Palisades is $3,103,642. Pacific Palisades home values have gone up 10.6% over the past year and Zillow predicts they will rise 4.9% within the next year. 

The median home value in Malibu is $2,967,973. Malibu home values have gone up 11.3% over the past year and Zillow predicts they will rise 4.9% within the next year.

The median home value in Bel Air is $3,413,580. Bel Air home values have gone up 7.2% over the past year and Zillow predicts they will rise 3.6% within the next year. 

The median home value in Beverly Hills, 90210 is $4,936,752. 90210 home values have gone up 8.3% over the past year and Zillow predicts they will rise 4.5% within the next year.



#4    Florida

The median home value in Naples, 34102 is $808,091. 34102 home values have gone up 2.2% over the past year and Zillow predicts they will rise 2.1% within the next year.

The median home value in Miami 33146 is $896,162. Miami, 33146 home values have gone up 1.0% over the past year and Zillow predicts they will rise 0.9% within the next year.

The median home value in Miami 34216 is $951,284. Miami, 34216 home values have gone up 5.0% over the past year and Zillow predicts they will rise 2.7% within the next year.

The median home value in Key Biscayne, 33149 is $1,074,779. Key Biscayne, 33149 home values have declined -10.2% over the past year.  Zillow predicts they will fall -4.0% within the next year. 

The median home value in Boca Grande 33921 is $1,864,569. Boca Grande home values have gone up 5.1% over the past year.  Zillow predicts they will rise 3.7% within the next year.    

The median home value in Fisher Island 33109 is $3,351,552. Fisher Island home values have gone up 1.2% over the past year and Zillow predicts they will rise 1.6% within the next year.


#5   Southern CA- San Diego and Palm Springs Counties

The median home value in Palm Springs is $407,432. Palm Springs home values have gone up 11.7% over the past year.  Zillow predicts they will rise 6.5% within the next year.

The median home value in Rancho Mirage is $484,379. Rancho Mirage home values have gone up 5.2% over the past year and Zillow predicts they will rise 5.6% within the next year.

The median home value in San Diego is $625,759. San Diego home values have gone up 9.7% over the past year and Zillow predicts they will rise 5.0% within the next year.         

The median home value in Solana Beach is $1,311,266. Solana Beach home values have gone up 6.6% over the past year and Zillow predicts they will rise 4.2% within the next year.

The median home value in Coronado is $1,825,486. Coronado home values have gone up 7.6% over the past year and Zillow predicts they will rise 4.6% within the next year.

The median home value in La Jolla is $1,732,317. La Jolla home values have gone up 8.8% over the past year and Zillow predicts they will rise 4.8% within the next year. 

The median home value in Del Mar is $2,625,822. Del Mar home values have gone up 9.4% over the past year and Zillow predicts they will rise 4.7% within the next year.


The median home value in Rancho Santa Fe is $2,642,259. Rancho Santa Fe home values have gone up 4.4% over the past year.  Zillow predicts they will rise 2.7% within the next year.




#6    Washington

The median home value in Kirkland is $769,278. Kirkland home values have gone up 20.3% over the past year and Zillow predicts they will rise 9.6% within the next year.

The median home value in Seattle is $772,729. Seattle home values have gone up 17.2% over the past year and Zillow predicts they will rise 8.4% within the next year.

The median home value in Bellevue is $947,663. Bellevue home values have gone up 18.3% over the past year and Zillow predicts they will rise 8.7% within the next year.

The median home value in Mercer Island is $1,548,334. Mercer Island home values have gone up 14.2% this past year and Zillow predicts they will rise 7.3% within the next year.

The median home value in Clyde Hill is $2,610,596. Clyde Hill home values have gone up 17.4% over the past year and Zillow predicts they will rise 8.1% within the next year.             

The median home value in Medina is $2,857,303. Medina home values have gone up 16.9% over the past year and Zillow predicts they will rise 7.9% within the next year.

  

#7   Massachusett

The median home value in Beacon Hill is $821,501. Beacon Hill home values have gone up 9.2% over the past year and Zillow predicts they will rise 4.3% within the next year. 

The median home value in Back Bay is $1,113,439. Back Bay home values have gone up 13.5% over the past year and Zillow predicts they will rise 5.8% within the next year.

The median home value in Waban, 02468 is $1,474,586. Waban home values have gone up  6.1% over the past year and Zillow predicts they will rise 3.8% within the next year.             
The median home value in 02493 is $1,470,781. 02493 home values have gone up 1.9% over the past year and Zillow predicts they will rise 3.0% within the next year.

The median home value in Wellesley, 02481 is $1,364,459. Wellseley home values have gone up 5.7% over the past year and Zillow predicts they will rise 3.4% within the next year.

The median home value in Nantucket County is $1,521,579. Nantucket County home values have gone up 5.6% over the past year

The median home value in Chilmark, Martha's Vineyard is $1,575,603. Chilmark home values have gone up 4.1% over the past year.


#8  Texas

The median price of homes currently listed in Houston 77024 is $949,000.

The median home value in Austin 78746 is $956,100. The home values have gone up 1.8% over the past year and Zillow predicts they will rise 1.3% within the next year.

The median home value in Dallas 75225 is $1,216,200. The home values have declined -0.7% over the past year and Zillow predicts they will rise 0.5% within the next year.

The median price of homes currently listed in Houston 77005 is $1,312,000

The median home value in Dallas (University Park, Highland Park) 75205 is $1,316,700. The home values have declined -0.2% over the past year and Zillow predicts they will fall -0.1% within the next year.         . 

The median home value in Dallas (Highland Park) 75229 is $1,662,100. Highland Park home values have gone up 0.3% over the past year and Zillow predicts they will fall -0.5% within the next year


#9   Arizona

The median home value in Tucson Catalina Foothills is $446,432. Catalina Foothills home values have gone up 6.8% over the past year and Zillow predicts they will rise 3.4% within the next year.

The median home value in Scottsdale is $455,468. Scottsdale home values have gone up 5.8% over the past year and Zillow predicts they will rise 2.8% within the next year. 

The median home value in Sedona is $469,236. Sedona home values have gone up 5.4% over the past year and Zillow predicts they will rise 1.7% within the next year. 

The median home value in Carefree is $742,594. Carefree home values have declined -4.6% over the past year and Zillow predicts they will rise 0.9% within the next year.

The median home value in Paradise Valley is $1,740,401. Paradise Valley home values have gone up 3.8% over the past year and Zillow predicts they will rise 2.0% within the next\
year.


#10   Colorado  

The median home value in Denver is $412,136. Denver home values have gone up 8.5% over the past year and Zillow predicts they will rise 4.7% within the next year.

The median home value in Avon is $607,896. Avon home values have gone up 4.1% over the past year. 

The median home value in Vail is $854,222. Vail home values have gone up 2.9% over the past year. 

The median home value in Snowmass Village is $853,542. Snowmass Village home values have gone up 1.4% over the past year.

The median home value in Aspen is $1,359,558. Aspen home values have gone up 8.9% 

Thanks for reading my Blog!

Looking for more information?  Have a comment regarding any of today's mansions?  Please email me at furtree@msn.com.  Most importantly have a great day!
Cordially,


Tom Furino