Friday, September 7, 2018

Today's Top Mansions

Which one is your  favorite. Check out "Today's Top 3 Mansions" everyday at

#1      11 Clear Water, Newport Coast, CA 92657 is listed for sale at $23,000,000.

Crafted by master builder Rodeo Homes in the highly desirable private gated community of Crystal Cove, this estate is a living work of art. With hand-finished details and thoughtful design elements, this 7-bedroom, 12-bath residence offers a state-of-the-art twist on classical architecture. The sprawling 21,220-square-foot lot, looks out over the sparkling sea by day and up to the sparkling stars and city lights by night with true western orientation and year round sunsets. The real beauty is in the details, in the artisan craftsmanship and built-in convenience around every corner. Professional-caliber Thermador appliances, a laundry room with granite finishes, temperature-controlled wine cellar, private gym, sound studio, high end theater, central control system and subterranean garage not only make life a little easier--they make it more beautiful, too. Enjoy a little downtime in the entertainment area or private home theater, or retire to the sumptuous master retreat to indulge in a steam shower, spa bath, relaxing living area and a gorgeous promenade with stunning views. This magnificent estate by the sea captures mild temperatures and temperaments of Southern California.

#2     1 Sutton Place, New York, NY 10022 is listed for sale at $21,000,000.

1 Sutton Pl, New York, NY 10022

One Sutton Place is with 6 bedrooms, 8 baths and 7,000 sq.ft. is a grand scale 20 x 70 brick Georgian townhome designed in 1920 by Mott Schmidt for Anne Vanderbilt (Mrs. William Vanderbilt). The house sits on the North East corner of 57th and Sutton Place and with it famous blue door has direct water views from all major rooms.A gracious entrance hall leads to a 21-ft dining room with long French doors that open onto a terrace and fabulous garden. A sweeping staircase leads to a wide landing and a 32-ft drawing room with long windows overlooking the garden. A parlor room and bath are facing Sutton Place. On the third floor there is a magnificent master bedroom that has beautiful views of the water and garden. Adjacent is a large white marble master bath with custom closets, a dressing area 2 sinks a soaking tub and separate stall shower. An additional bedroom is also on this floor. The fourth floor stairs leads to a terrace room that opens to a sun room with glass a ceiling and walls with magical views of manicured lawns, river and the 59th Street Bridge and beyond. This home has 6 fireplaces, 6 baths and 2 half baths, a huge eat-in chefs kitchen and breakfast room, staff rooms and an elevator that accesses all floors. The legacy of this house is amazing and the pedigree of its neighbors attest to its luxurious surroundings.Sutton Place is the ultimate residential area and yet is not far from Whole Foods, Restaurants and convenience stores. This is a dream home with unbelievable outside space and the convenience of The Sutton Square Garden Association who cares for the upkeeps of the grounds. This is a dream home with unbelievable outdoor space maintained by the assessments paid to Sutton Square Inc.

1 Sutton Pl, New York, NY 10022

1 Sutton Pl, New York, NY 10022

1 Sutton Pl, New York, NY 10022

1 Sutton Pl, New York, NY 10022

1 Sutton Pl, New York, NY 10022

1 Sutton Pl, New York, NY 10022

1 Sutton Pl, New York, NY 10022

1 Sutton Pl, New York, NY 10022

#3     178  Patricia Drive, Atherton, CA 94027 is listed for sale at $17,980,000.

Just completed, this stunning estate property 7 bedrooms, 10 baths and 12,500 sq.ft. is the latest accomplishment by Guardian Construction, a renowned builder of custom homes in Atherton and Palo Alto for the last 32 years. The home's timeless allure combines a more traditional ambiance outside with the consummate appeal of contemporary luxury inside. The result is everything imaginable for the quintessential California lifestyles. Fine white oak floors unify the entire home while stunning selections of exotic quartzite and marble uniquely appoint each room. Designer details reveal themselves at every turn, with exceptional lighting and custom cabinetry. that is with 1 bedroom, 1 bath and outdoor kitchen. Fully landscaped with pool, spa, level lawn, fire pit and heritage oaks, gated circular driveway and pedestrian entrances.

"Today's Top 3 Mansions Medium Home Value .

#1  Newport Coast, CA 92657

The median home value in 92657 is $2,784,400. 92657 home values have gone up 2.7% over the past year and it is predicted they will fall -0.5% within the next year. 

#2  New York, NY 10022 

The median home value in 10022 is $1,336,600. 10022 home values have gone up 2.7% over the past year and Zillow predicts they will rise 1.4% within the next year.

#3  Atherton, CA 94027

The median home value in 94027 is $6,791,700. 94027 home values have gone up 11.7% over the past year and Zillow predicts they will rise 6.2% within the next year.

The 100 Top Luxury Real Estate Markets Medium Home Values for 2017 compared to 2018 YTD

Zip Code     Location                           2017/2018 Medium Sale Price

Today's Mortgage Rates

Mortgage Rates Side-Step Ahead of Jobs Report

Sep 6 2018, 4:06PM

Mortgage rates were sideways to slightly lower today, depending on the lender.  The discrepancy stems from mid-day bond market gains that were just barely enough for a few lenders to go to the trouble of revising their mortgage rate sheets before the end of business.  In other words, if bonds were to hold in similar territory by tomorrow morning, we'd likely see most lenders offering slightly better deals.

There's a big question mark over tomorrow morning, however, due to the important jobs report set to be released at 8:30am ET.  This is traditionally the most important economic report of any given month when it comes to interest rate reactions.  While it can occasionally fail to cause a stir, it should always be respected for it's volatility-inducing potential. 

The timing of the data means that any major reaction in markets would occur before almost any lender is able to publish mortgage rates for the day.  As such, there's no guarantee that today's rate quotes will be available tomorrow.  Of course, if the data helps bonds, rates could actually be better, but the risk associated with this data is that any move (higher or lower) could be bigger than normal.
52 Week Range          Today   Yesterday           Low/High .

30 Yr FRM4.70%4.70%--3.84%4.79%
15 Yr FRM4.18%4.18%--3.12%4.22%
FHA 30 Year Fixed4.38%4.39%-0.013.35%4.50%
Jumbo 30 Year Fixed4.35%4.35%--4.10%4.81%
5/1 Yr ARM4.01%4.02%-0.013.10%4.02%
Looking for more information?  Have a comment regarding any of my choices for Today's Top 3 Mansions?  Please email me at  Most importantly have a great day!

Tom Furino