Thursday, November 15, 2018

Today's Best Mansions

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

#1 100 Central Park West, #45C, New York, NY 10023 with 4 bedrooms, 5 baths, and 4415 sq.ft. is listed for sale at $22,950,000

This majestic condominium sits on Manhattan's Gold Coast: Central Park West. It features spectacular sun-flooded views of Central Park and the City.This incredibly bright and light ultimate home in tn the sky has been completely renovated and features herringbone hardwood floors throughout, central air conditioning, electric window shades in all rooms, Lutron lighting system, high ceilings with recessed lighting and a Crestron Home Technology System throughout.The apartment is accessed from a generous foyer and an entry gallery. Moving East, you enter a large Living Room which is divided into generous entertaining with a picture frame view of Central park space and a cozy den area with custom built-ins. Turning West from the Entry, you enter a large Formal Dining Room. It is currently set up as a large "family room" with built-ins, his and her desks with storage and built-in bookshelves and ample comfortable seating to enjoy watching the large wall-mounted flat screen television. Behind the dining room/family room is a large gourmet cook's kitchen featuring a Wolf stove with 5 burners and oven.The kitchen includes an abundance of storage and work space along with an eat-in counter as well as a large eat-in banquette with table and chairs. The floor to ceiling kitchen windows offer wonderful Western afternoon light and views. The appliances are top of the line including: Sub-Zero refrigerator, Miele dishwasher, disposal, wine cooler and granite counter tops. Just off the kitchen there is a separate laundry room with a side-by-side full size washer and dryer. There is also a media closet here which houses all of the AV equipment for the apartment. The large Master Bedroom is like a suite. It has wonderful Central Park views East as well as outstanding city views facing South.

#2     716  Forest Road #B, Vail, CO 81657 with 6 bedrooms, 7 baths and    5,163 sq.ft is listed for sale at $14,950,000

                  .. ..

The ultimate in new Vail construction, stately 716 Forest Road exudes elegance with top of tine modern finishes and features at one of Vail's most prestigious addresses. Beautiful aspen grove views from a grand 6-bedroom, 6.5-bath plus den residence. It truly is an awe-inspiring home that is ideal for entertaining and impressing with 5,163+/- sq.ft. State of the art technology. Ski-in for advanced skiers.

#3 1116 Laurel Way, Beverly Hills, CA 90210 with 6 bedrooms, 7 baths, and 20,308 sq.ft. is listed for sale at $19,994,000

Impressive European estate in prime Beverly Hills. The dramatic 2-story entry is surrounded by grand public spaces with great attention to detail throughout. Elegant formal dining, family and living rooms with soaring ceilings, elaborate fireplaces and French parquet floors. The large gourmet kitchen leads to office and maids rooms. Upstairs are 4 bedroom suites including luxurious master with fireplace and outdoor terrace overlooking tree top views. Lower level features a media room with wood coffered ceiling, wine cellar, staff quarters, gym and 4 car garage. The lush grounds are ideal for entertaining with swimmer's pool, spa and gazebo. This hard to find estate is available today. Spectacular! 


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 Rate

Afternoon Mortgage Rate Improvements For Most Lenders

Nov 14 2018, 4:18PM

Mortgage rates began the day in roughly unchanged territory.  Some lenders were microscopically stronger or weaker compared to yesterday, but not enough to impact the average mortgage borrower.  For the first few hours of the day, it looked as if rates would stay unchanged or possibly move slightly higher.  That all changed when stocks began losing ground.

It's always worth remembering (and this will be especially true when the next time it's proven) that there's no magic rule that says stock prices and interest rates must move in the same direction.  It is true that there are frequent examples of such correlation, but there are plenty of other examples where the correlation complete breaks down.  All that to say that stock losses helped rates today, but will not always necessarily help rates in the future.
Bond markets (which underlie mortgage rates) improved by enough this afternoon for most lenders to release "positive reprices" (where a lender recalls the morning's mortgage rate offerings and replaces them with less costly offerings).  These reprices were modest by most standards, but they could be enough to make a meaningful difference for a prospective borrower who avoided locking last week in the hopes of a recovery this week.

                                    Today  Yesterday        52 Week Low/jHigh

30 Yr FRM5.03%5.04%-0.013.95%5.05%
15 Yr FRM4.51%4.52%-0.013.29%4.53%
FHA 30 Year Fixed4.55%4.56%-0.013.55%4.62%
Jumbo 30 Year Fixed4.61%4.61%--4.12%4.81%
5/1 Yr ARM4.72%4.71%+0.013.16%4.72%