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Which one is your favorite?
#1 10 North Foothill Road, Beverly Hills, CA 90210 with 6 bedrooms, 16 baths, and 18,543 sq.ft. is listed for sale at $125,000,000.
Newly constructed in 2016, the Estate is one of very finest in LA. On 3.25 +/- lush Beverly Hills acres, designed and implemented by world acclaimed Richard Meier & Partners Architects. Timeless yet contemporary, incorporating natural elements such as white oak, stone, and walls of glass create a sense of place. The floor plan offers gallery-like spaces that are intimate & expansive. Each area flows seamlessly to the next, revealing both public and private rooms. 2 staircases and an elevator connect the three levels. Many of the shared spaces occupy the main level including the great room with automated steel doors creating an expansive opening onto the lawn. The lower level houses a professionally equipped 1,148 sf gym and private theater. There are 5 bedrooms situated on the top level. The outdoors are sprawling with Beverly Hills & LA city views. Within the lush landscaping is the entertainment deck featuring an 85-foot, fully tiled infinity pool, pool house & al fresco dining area.
#2 155-200 Sabin Drive, Aspen, Colorado 81611 with 6 bedrooms, 11 baths and 16,691 sq.ft. is listed for sale at $39,500,000
Set high atop prestigious Red Mountain and overlooking Aspen and all four ski areas, the Summit House lives up to its name on many levels. As one of the most magnificent homes ever built in Colorado, the irreplaceable size, premier location, expansive views, and numerous amenities are unrivaled in Aspen.Beginning with a private six acre site, the 18,000 square foot main home is accommodating in every regard, yet an additional building right of nearly 4,150 square feet plus deck space allows for an expansion to complete a compound that even the most worldly would be hard pressed to find elsewhere. The size of this home cannot be duplicated under current land use codes, making this legacy home a rare commodity indeed.
#3 235 Indian Rd, Palm Beach, Florida 33480 with 8 bedrooms, 11 baths and 11,253 sq.ft. is listed for sale at $34,950,000.
Direct Intracoastal estate with 220' coast frontage,dock & boat lift. Incredible turquoise water view with beautiful lake views. Lakefront library, living room, dining room, family room, 2 kitchens. Full Gourmet Kitchen plus a full back kitchen for staff. Separate waterfront Guest House with 2 Guest Suites. New Construction. Exceptional quality & execution. 4+ car garage. A rare offering - must see.
Mortgage rates rose moderately for the 3rd day in a row today, bringing them to the highest levels since December 31st for the average lender. In outright terms, this equates to an increase of an eighth of a percentage point (.125%) since the most recent lows last Thursday. While it's only 3 days of weakness in the mortgage market, the concern is that it could be part of a much larger market trend. Stock prices and interest rates moved lower together for the better part of 2 months. The drop was relatively extreme for stocks, and nothing to shake a stick at for rates. The risk is that we're only in the early phase of a bigger correction. While that would be great news for stock market investors, it would be less pleasant for those with a vested interest in lower mortgage rates. All of the above having been said, it would take quite a bit more weakness before we've even retraced half of the move that occurred over the past 2 months. In several ways, these sorts of corrections in interest rates are a necessary part of positive longer-term trends. In other words, the past few days could be part of a broader, negative trend or a necessary ingredient in an even broader positive trend. We'll know more about which eventuality is more likely in the coming days.