Wednesday, December 12, 2018


Today's Best Mansions

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

#1    39 East 72nd Street, New York, NY 10021 with 4 bedrooms, 5 baths and 5,704 sq.ft is listed for sale at $29,000,000.

The private elevator landing with intricate pattern combining slabs of Vanilla Pearl, Nero Marquina, and Gray Graphite marble opens directly into a gracious gallery that leads to the sun-filled entertaining spaces. An expansive great room with southern exposures overlooking 72nd street feature antique character walnut floors with a chevron pattern, a gas fireplace with a limestone mantelpiece and an adjoining wet bar with top-of-the-line appliances,+ Calacatta marble slab counters and backsplash. The powder room is outfitted with Calacatta marble slab floors, Nero Marquina walls and vanity and feature Kalista fixtures and Duravit lavatories. The expansive windowed eat-in kitchen with a separate breakfast area is beautifully balanced with modern presence, providing the perfect marriage of form and functionality. The kitchen features pewter limestone floors, Calacatta marble slab counters with marble tiled walls and backsplash, custom lacquered wood cabinetry with SA Baxter Hardware and recessed under-cabinet lighting. The top of the line appliances feature an integrated 30' Gaggenau Vario 400 series refrigeration system, a 48' Viking Tuscany gas range with a vented canopy range hood and Miele combi-steam oven, warming drawer, microwave oven and dishwasher. Through the kitchen is an expansive dining room that can also be utilized as an incredible den.



#2    51 Strawberry Park Road, Beaver Creek, Colorado 81620 with 6 bedrooms, 8 baths and 8,717 sq.ft. is listed for sale at $15,500,000

Exclusive luxury residence with direct ski-in/ski-out access features contemporary finishes on a forested 1.87 acres. Located in coveted Strawberry Park area, this multi-generational home features 6 bedrooms, A/C, a grand living room accented by a massive fireplace and endless glass views of the skiway. Main floor master, Home Theater, game room, wine cellar private backyard with fire pit. 



#3  335 Rimpau Blvd., Los Angeles, CA 90020 with 6 bedrooms, 7 baths, and 8,477 sq.ft. is listed for sale at $13,795,000.

Meticulously updated inside and out with an extraordinary aesthetic; retaining its soul but thoroughly bringing it up to today's standards in design and functionality with superb execution. Grand foyer feat.17th Century marble floors, formal living and dining rooms, colonnade, fam/screening room w/electronic blackout, library, Jr dining room, chefs kitchen-great room, larder and double powder rooms. 2nd Flr; Double staircase access, 5 bedroom suites w/ the master retreat featuring double walk-in closets, exquisite bath, fireplace and large terrace overlooking the rear gardens. Rear yard; dining pavilion, Cipriani style swimmers pool and spa w/auto cover, koi/turtle pond, exterior fireplace, wet bar, BBQ, organic garden, converted court, guest house. Northside porte-coch~re, motor court w/3 garages, pottery/art studio. Control-4 smart house including an on site power generator, gas reserve and grey water recycle system. Private, Gated.

100 Top Luxury Real Estate Markets Medium Values 12 months 2017 compared to 2018 YTD

Zip Code     Location                           2017/2018 Medium Sale Price

Mortgage News Daily: Today's Mortgage Rates

52 Week
30 Yr FRM4.71%4.70%+0.013.96%5.05%
15 Yr FRM4.25%4.23%+0.023.30%4.53%
FHA 30 Year Fixed4.25%4.25%--3.55%4.62%
Jumbo 30 Year Fixed4.42%4.40%+0.024.12%4.81%
5/1 Yr ARM4.69%4.67%+0.023.19%4.75%

Mortgage Rates Flattening Out After Much-Needed Winning Streak
Dec 11 2018, 4:46PM

Mortgage rates rose almost imperceptibly today, with a few lenders not showing any detectable changes from yesterday.  Still, it was the first time since November 30th that rates were higher than the previous day (on average).  Today's move was so small that most lenders accounted for it in the form of upfront costs.  This means that borrowers would be quoted the same rate as yesterday, but with a small increase in upfront costs. 

For those who read yesterday's commentary (which said we may have just seen temporary lows in rates as the current move was running out of steam), none of this should come as a surprise.  In fact, given the pace of the improvements in recent weeks, it's arguably a good thing to take a break because it could help rates hold in stronger territory for longer.
The most obvious jumping-off point for volatility on the horizon is next week's Federal Reserve Announcement.  There are a few key economic reports due out between now and then that could also get things moving.