Friday, November 16, 2018

Today's Best Mansions

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

#1     4005 South Ocean Blvd,, Highland Beach, Florida 33487 with 7 bedrooms, 11 baths and 9,054 sq.ft is listed for sale at $22,00,000.

An oceanfront estate by acclaimed Sabal Development sited on 100 +/- feet of beach frontage in prestigious Highland Beach with ultra-modern organic and natural finishes that are juxtaposed to combine a sophisticated magical oceanfront experience. A tour de force architectural statement on 4 levels encased in glass with spectacular oceanviews from all major rooms. Roof top sky-deck and 5-bay garage for the connoisseur.

#2    829 Madre Street, Pasadena, CA 01107 with 8 bedroom, 9 baths and 9,596 sq.ft. is listed for sale at $16,500,000.

Located in the coveted Chapman Woods neighborhood of Pasadena, this East Coast-style Farmhouse marries authentic finishes with coastal contemporary flair for a refined spin on California living. Set upon five expansive and flat acres, the home features an open-concept floor plan replete with rustic wood details spanning from the white paneled walls to dark wood kitchen beams and dual living spaces bedecked in oak milled from fallen trees on the estate. From the foyer, one is led into the great room with a custom-tile fireplace and onward into the dining room, state-of-the-art kitchen and quaint breakfast nook. The home features seven bedrooms, including the tranquil master suite, and nearly two of everything, from laundry rooms to dishwashers, ovens and more--a true entertainer's dream. Beyond the interior lies an outdoor haven for both kids and adults alike, complete with a pool, junior-size baseball field, batting cage, lighted tennis court, herb garden and seemingly boundless lawn. The estate also comes with a guest home that boasts its own entrance and garage. Here, one has the opportunity to realize a legacy compound for generations to enjoy, all amidst a verdantly secluded and supremely convenient Los Angeles location.

#3     182 Tiehack Road, Aspen, Colorado 81611 with 5 bedrooms, 8 baths and 8,516 sq.ft. is listed for sale at $12,500,000

Expertly crafted all-stone villa, never before offered for sale or rent. Featuring spectacular, unobstructed views and old-world authenticity, with end of road privacy located on the 12th green of the exclusive Maroon Creek golf course. Offering direct ski access to Buttermilk, and the XGames, 2 miles to Aspen. Designed as a welcoming retreat with European charm, indoor/outdoor living areas, gourmet kitchen, 5 ensuite bedrooms (all but the bunk room have walk out patios), main level master, wine room, gym or 6th bedroom, office, and flat yards for kicking a ball or entertaining. The home would be prohibitively costly to reconstruct today. A must see.


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

Lowest Mortgage Rates This Month.
Nov 15 2018, 5:11PM

Mortgage rates hit their lowest levels of the month today!  Sure, that's only 10 business days for the mortgage world, but we'll take every little victory we can get these days.  Why is that?  Because "these days" have been pretty rough.  Exactly one week ago, rates were at their highest levels in nearly 8 years.

The assertion about today's rates runs counter to quite a few news stories.  Major media outlets are reporting rates as being 'unchanged' this week.  That wasn't necessarily incorrect until today. In those cases, reporters are relying on Freddie Mac's weekly survey data.  The survey only collects responses from Monday through Wednesday and the results tend to over-represent Monday and Tuesday's rates on any given week.  Long story short, as of yesterday, it would have been fair to say rates were indeed unchanged this week.  Nearly all of the improvement happened today.

The likelihood of additional improvements remains to be seen.  As far as the past several months are concerned, we really haven't seen stretches of good luck look much better than this one.  As such, those who'd been floating last week may want to consider locking this week, assuming that's an option.  It's not out of the question for rates to improve further, but that's dependent on several other volatile variables.  

              Today  Yesterday       52 Week Low/High

30 Yr FRM4.96%5.03%-0.073.95%5.05%
15 Yr FRM4.46%4.51%-0.053.29%4.53%
FHA 30 Year Fixed4.50%4.55%-0.053.55%4.62%
Jumbo 30 Year Fixed4.58%4.61%-0.034.12%4.81%
5/1 Yr ARM4.73%4.72%+0.013.16%4.73%