Wednesday, October 31, 2018

Today's Best Mansions

Which one is your favorite?   Check out "Today's Top Three Mansions" everyday at:

#1   835 Hillsboro Mile, Hillsboro Beach, Florida 33062 is listed for $139,000,000.

Auction: Bid November 12th-15th ; Previously $139M, Without Reserve. This 11 bedroom, 22 bath, 20370 sq,ft, mansion was completed in 2018 and ideally located in Hillsboro Beach, which is midway between the metropolitan areas of Miami and Palm Beach, Playa Vista Isle is a unique Ocean-to-lntracoastal estate on Florida''s Gold Coast offering 300± feet of private oceanfront beach as well as a newly constructed concrete deep-water dock, able to accommodate a 220± foot yacht on its 300± feet of Intracoastal frontage with generously sized private parking area. Exquisite interior features highlighted with 22-karat gold leafing firmly establish Playa Vista Isle as the most unique property in the entire country. Playa Vista Isle was awarded the World''s Best Property, Best Residential Property-Florida, and Architecture Single Residence-Florida.


#2 133 S Mapleton Drive, Los Angeles, CA 90024 is listed for sale at $78,000,000.

Seven years in the making, this 9 bedroom, 14 bathroom, 31,000 square foot estate's mansion cannot be matched. Modeled after the Reina Sofia museum in Madrid, the iconoclastic Holmby Hills compound sets a new standard of luxury. With all of its grandeur and scale, the residence includes seven bedrooms, two staff, and a three story guesthouse. Enter through heavy carved wooden doors from a Spanish monastery, and into a soaring atrium with 30-foot ceilings from which all other rooms branch. The famed art-deco inspired library is one of the single best rooms in all of Los Angeles. 400-year-old Moorish columns,16th and 17th century Florentine ceilings, a rooftop terrace that frames panoramic city views and an entirely subterranean waterproof cinema with large windows revealing the stark-aqua swimming pool.

#3   690 Loyola Drive, Los Altos, CA 94024 is listed for sale at $21,800,000

This is a rare opportunity to acquire four separate parcels that together create a 8,955 sq.ft. estate compound on approx. 4.55 acres in a prime Los Altos location. Once owned by Robert Noyce, founder of Intel, the estate comprises a four-bedroom, 3 bath main residence and a three-bedroom, 2 bath guesthouse as well as numerous resort-style amenities including a unique swimming pool, tennis court, bocce court, putting green, two ponds, and a vineyard. Exceedingly private, the estate enjoys views of the bay, the mountains, and the first fairway of the Los Altos Golf and Country Club. Highlights of the main residence include a formal living room with a book-matched limestone fireplace, a library, a family room with a double-sided stacked-stone fireplace, and a billiards and recreation room with a wine cellar and tasting room. The formal dining room is rumored to have served as the first Intel boardroom. Beneath soaring vaulted ceilings with handsome beams, the well-appointed kitchen boasts stone countertops, walnut cabinetry, and an island with counter seating. Glass doors in the kitchen open to an outdoor kitchen and dining area with a built-in professional-caliber gas grill, a wood-burning pizza oven, and a stacked stone fireplace.The stately master suite offers two walk-in closets, a luxurious bath with Connecticut bluestone floors, heated towel racks, and its own convenient laundry area. Three bedrooms including a second master suite with a balcony and fireplace are secluded on the homes upper level. The au pair wing has its own kitchen, living room, bath, and fireplace.The enchanting grounds feature a lighted tennis court with a viewing pavilion, two tranquil ponds, and a grotto-style pool with a waterfall and bridge. A bluestone terrace overlooks the estates flourishing Merlot vineyard.The offering of such a significant estatewhich combines privacy, provenance, a premier location and every imaginable amenity is a rare opportunity not to be missed.

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 Edge Higher
Oct 30 2018, 3:05PM

Mortgage rates were moderately higher today as underlying bond markets continued backing away from their strongest levels in more than 3 weeks (stronger bonds = lower rates).  In general, bonds' strength had come at the expense of the stock market, but it was taking more and more drama in stocks to net the same amount of benefit for bonds. 

For example, even though the S&P was lower yesterday than it was last Friday, bonds weren't able to make it back to last Friday's levels--something they would have easily done if they were keeping a consistent pace with stock losses.  With stocks improving modestly today, bonds were logically weaker.  To be fair, this relationship won't always set the tone for bonds, but it has been the biggest consideration this month.  

The remainder of the week brings several calendar events that could have an impact on both sides of the market.  Long story short, rates are at risk of bouncing higher more noticeably unless they get some serious help.  That help would either need to come from surprisingly weak economic data, an even bigger downturn in stocks, or an unexpected headline that implies big economic risks.

                                                        Today       Yesterday               52 Week  Low/High 

30 Yr FRM4.96%4.94%+0.023.93%5.02%
15 Yr FRM4.45%4.43%+0.023.25%4.50%
FHA 30 Year Fixed4.44%4.42%+0.023.50%4.62%
Jumbo 30 Year Fixed4.40%4.38%+0.024.12%4.81%
5/1 Yr ARM4.46%4.44%+0.023.15%4.52%