Monday, November 12, 2018

Today's Best Mansions

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

#1 100 La Gorce Circle, Miami Beach, Florida 33141 with 7 bedrooms, 10 baths, 8,545 sq.ft. is listed for sale at $29,700,000.

A gated entry and tree lined canopied driveway lead you to premiere La Gorce Island estate showcasing classic & modern design in coveted Miami Beach location. This rare residence has nearly 2 acres of land & 500 ft of water-frontage & offers easy access to Ocean, Intracoastal Waterway & no fixed bridges to the Bay. The 12,687 total sq. ft. residence offer an ideal floorplan for entertaining with 7 bdrms & 9.5 ensuite baths , 950 sq. ft. custom chefs kitchen & guest wing. Main living area open to covered terrace & an enviable outdoor space is highlighted by the gorgeous pool & spacious patios, spa & wading area. Grounds feature separate guest house, gym + pool house w/ full kitchen, bath & rooftop deck. Professionally lit Hydro Tennis Crt, 2 boat lifts + new seawall. 3 car garage.

#2     32 Pheasant Lane, Southampton, NY 11968 with 7 bedrooms, 11 baths and 11,000 sq.ft. is listed for sale at $22,950,000.  

This spectacular 11,000 +/- square foot grand new home is situated on more than two acres in the prestigious Ford/Murray compound, a short distance to world famous ocean beaches and minutes away from Southampton Village center. A gated private driveway lined by hedges leads to this sunshine-filled, south-facing estate surrounded by lush landscaping, specimen trees, and extensive bluestone patio. Light and bright with an attached pool cabana that looks out to a heated swimming pool with vanishing edge and a true north / south, U.S. Open-grade deco turf tennis court, this elegantly-designed, custom-made home combines a classic exterior with modern design elements and touches, creating a beautiful estate with a modern flair, both inside and outside. The interior of the house enjoys a spacious and open layout of the great room, formal dining room, living room and an eat-in chef's kitchen which offer an array of options for stylish entertaining. The coziness of the living room and cabana make them ideal places for relaxing with the family next to the fireplaces. Enjoy the seven well-proportioned en-suite bedrooms with beautiful high ceilings and luxuriate in the over-sized, spa-like master bath. Enjoy all the amenities that come with both countryside estate living and an urban modern lifestyle: pool, spa, cabana, amazing professional outdoor kitchen, outdoor shower, tennis court, sauna, gym, theater, wine room, elevator, a heated three-car garage that will delight the avid car collector, full house generator, the expansive gourmet kitchen will please the most discerning cooks and boasts state-of-the-art Miele appliances. Immerse yourself in your favorite music in every room with the wireless Sonos home sound system and enjoy the comfort of multi-zone temperature control system, the convenience of high-speed Wi-Fi throughout the property and to remotely control pool and spa with Pentair system. This exciting offering is a rare opportunity own one of the most exclusive locations in the Hamptons.

#3  57 Monarch Bay Drive, Dana Point, CA 92629 with 6 bedroom, 6 baths, and 6,400 sq.ft. is listed for sale at  $29,000,000.

Welcome to paradise. This secluded oceanfront home was recently built with the finest materials and enjoys sweeping panoramic ocean views including Catalina Island sunsets to the renown Ritz Carlton and beyond. Enjoy the fresh sea air and sounds of the waves crashing below. Nature at its best! Pelicans fly, dolphins swim and whales play. If you are looking for a single-level home, this fits the bill. The main floor master, living room and kitchen are all on the same main level with stunning ocean views from every room. Downstairs, which has elevator access and a grand stairway feature to an amazing media room, wet bar and additional bedrooms. A short stroll or golf cart ride to the private Monarch Bay club on the sand which is fully staffed with a soon-to-be-remodeled restaurant and casual dining areas managed by the 5 Star Monarch Beach Resort. Attendants set up your beach chairs, umbrellas and towels for a beautiful day on the sand with ease. 24 Hour Guard Gated oceanfront community. The land is fee simple. A truly legendary property!

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 Steady Ahead of Holiday Weekend

Nov 9 2018, 5:45PM

Mortgage rates were mixed today, depending on the lender.  Most lenders began the day in slightly worse shape compared to yesterday.  Bond markets improved enough by mid-day that many lenders were able to offer positive reprices (new, better rate sheets).  Lenders typically don't change mortgage rates more than once a day unless underlying markets have moved enough.  Lenders who repriced generally ended up slightly better off compared to yesterday.  The remainder were in worse shape.  

On average, rates were unchanged.  Bond markets will be closed on Monday in observance of Veterans Day.  That means mortgage companies won't be available to accept rate locks, and many will be fully closed.  When markets fire back up next week, they'll soon be able to digest an important report on inflation in the form of Wednesday's Consumer Price Index (CPI).  If inflation comes in higher than expected, it could reinvigorate recent upward pressure on rates.  But if it misses to the downside, rates could continue the fight to hold the recent ceiling marked by the brief highs from early October and the more sustained highs seen this week.

                                                              Today     Yesterday                      52 Week Low/High
30 Yr FRM5.05%5.05%--3.95%5.05%
15 Yr FRM4.53%4.53%--3.27%4.53%
FHA 30 Year Fixed4.57%4.57%--3.55%4.62%
Jumbo 30 Year Fixed4.61%4.60%+0.014.12%4.81%
5/1 Yr ARM4.41%4.70%-0.293.15%4.70%