What’s Ahead For Mortgage Rates This Week – August 22, 2016

Welcome to an architectural masterpiece situated within Paradise Valley's prestigious Cameldale Estates. Positioned thoughtfully on a nearly 3-acre parcel in the northern face of Camelback Mountain to allow sweeping views of Mummy, Phoenix, McDowell, and Four Peaks mountain ranges. Design by world-renowned architects SAOTA, collaborating with local architect Stratton, and earning world recognition press/awards for innovative design and unparalleled beauty. Nearly 17,000 sqft of living will blend seamlessly into desert surroundings while offering every conceivable modern luxury. Chef's kitchen, cinema, gym/spa, resort-style infinity pool, with emphasis on seamless indoor/outdoor living. The modern organic design, coupled with exceptional craftsmanship, elevates it to a league of its own.

Perched high in the McDowell Mountains in Scottdale's most exclusive community of Silverleaf sits this one of a kind masterpiece with unmatched views of the valley below. Thoughtfully designed by Erik Peterson of PHX Architecture, styled by Laura Kehoe of Laura Kehoe Design, and built with the ultimate in perfection by Ted Reisdorf of Paragon Custom Homes into a true work of art. This newly completed desert contemporary estate has been constructed with only the highest quality of finishes by the valleys top artisans. From the striking great room open to the outdoors and the designer kitchen with a full catering kitchen, both casual and formal dining with an additional butlers pantry to the thoughtfully designed entertainment zone complete with nightclub bar, billiards, lounges, multi game simulator, wine room, and theater room, to the private office and the palatial 2,000 sq ft owners suites with sitting room and wet bar, dramatic laydown city light and mountain views from the bed, 3 designer Chanel like closets with private laundry, and a true spa like bathroom with dual commodes, dual vanities and makeup station, expansive multi head steam shower, soaking tub as well as its own private garden and hot tub overlooking the valley, this estate has it all. Family and guests are sure to feel like royalty in any of the 3 full guest with separate family room in the main house or they may choose from either of the two guest casitas. Embodying a true indoor outdoor lifestyle, entertaining spaces flow to the beautiful outdoors all with amazing mountain, sunset, and city light views of the valley below; from the main level pool, multiple sunning and covered patios, outdoor kitchen, lush grassy lawn, and 2 separate hot tubs. As if all this wasn't enough The Aerie is offered fully furnished from accessories, art, rugs, linens, to dishes, and more... all you need to do is bring your toothbrush and starting enjoying life at its best. Developed by DMB Development, Silverleaf is a private guard gated community that is enhanced by tree lined streets, private parks and the most secluded enclaves of homes in Arizona. At the center of Silverleaf sits the renowned Silverleaf Club which boasts a par 72 Tom Weiskopf designed golf course, dramatic clubhouse, spa and countless other options for experiencing the desert resort lifestyle.

The Barn at Silverleaf - Discover the ultimate in luxury lifestyle. This awe-inspiring modern interpretation of this Prairie style estate is the result of a two year design effort by renowned architect CP Drewett and a hand selected team of consultants. World class interior design is currently being developed by Claire Ownby, founder of Ownby Design. While the vision is a sophisticated custom estate of just over 14,000 square feet, the functionality is comfortable and inviting. The unique design truly elevates the tenets of desert modernism and resort style living. Perched at the summit of a long private driveway, every area of this three-acre estate has spectacular views and are destinations within themselves. The Barn is horizontal in nature with extremely deep overhangs and a hip roof that slopes downward from all sides-marquis elements of Prairie-style architecture. Dry-stacked ledgestone and textured travertine penetrate the architecture, so there's a direct connection from the outside in. Broad walls of glass and pocketing doors open this three-story home to sweeping views of the city below and the mountainous landscape above. Expansive patios plus a full lap-length pool on one level and a second pool directly above it take indoor/outdoor living to a new level. The 6,600-square-foot main-level living space includes a spacious owner's suite with a resort-style bathroom and massive custom his-and-her closets. The secondary owner's suite and a guest suite both have stunning views and luxurious spaces. The exquisite kitchen blends with sleek custom elements, the finest appliances, and a guillotine glass connection that links to a fully equipped back kitchen. In addition, the home has two large bars-an indoor/outdoor bar on the main level and another in the game room, which opens up to the showroom garage. The lower level is 4,600 square feet featuring a 12-car show garage, a spa-inspired gym with an indoor hot tub, cold tub, sauna, steam, and full bathroom. Other lower-level features include a 12-seat home theater, golf simulator, putting complex, and game room that consists of a lounge with a bar and media space. The upper level has sweeping 360-degree views including a canyon of saguaros and untouched desert beauty. This upper level includes private guest rooms, eight guest bunk room, and a large office suite all with access to outdoor living spaces. This estate truly magnifies a thoughtful and elevated contemporary design unlike any other in the Valley. A Silverleaf Club Golf Membership is immediately available with the purchase of this property. Silverleaf, located in North Scottsdale, Arizona, is a prestigious guard gated community known for its luxurious estates, exclusive golf courses, private Club and stunning desert landscapes. The Tom Weiskopf-designed Silverleaf Golf Course is a highlight for golf enthusiasts. With a blend of Spanish and Mediterranean-inspired architecture, the community offers a high standard of living, including upscale amenities like spas, fine dining, and exclusive shopping. Residents enjoy a harmonious balance between modern luxury and the natural beauty of the desert environment, making Silverleaf a sought-after destination for those seeking an exceptional lifestyle in North Scottsdale.

This is your opportunity to own the historic Rail X Ranch, set against a landscape that is truly breathtaking! To the West are hypnotic sunsets and to the East is the Coronado National Forest with vistas that seem to go on forever. This is a rare chance to own a piece of Arizona's history. Located at 4,500 feet above sea level temperatures are generally 10 to 15 degrees cooler year-round than in nearby Tucson. This stunning 1739 Acre Ranch Estate features a main residence with casita totaling 11,398 square feet and containing 8 bedrooms, 9 full bath rooms and 3 half baths. The main house was Constructed in 1937 and is nestled in the foothills overlooking a tree lined pond and containing numerous patios and porches to enjoy both sunsets and sunrises. The property also has 2 additional homes for employees or managers as well as 3 apartments for employees or guests. The Ranch features a 1930s barn which serves as a workshop and storage area as well as a steel building which could easily converted to a horse barn. The main compound also includes a large office suite and conference room, the property has everything you need to work from home or to handle ranch operations on site. After decades without hunting, wildlife abounds at the Rail X Ranch, including deer, dove, quail, and even javelina. The birding is exceptional, with more than 260 species documented in the nearby Patagonia Sonoita Creek Preserve. Just South of town, there are myriad opportunities for fishing and boating at Patagonia Lake State Park; and the area is filled with wonderful opportunities for horseback riding and hiking. The Ranch has the added benefit of having an artesian well on the property with Water bubbling up and feeding a transportation ditch to deliver this precious resource throughout the ranch. Combined with 8 wells situated throughout the property the Ranch has a unique and valuable asset in its water resources. To complete the picture, The Rail X is also one of the few ranches in the area which has maintained ownership of the mineral rights for the property. This asset provides land security now and into the future. The Rail X Ranch is truly an iconic and unique part of Arizona's History and Heritage and provides a rustic setting yet with all of the upscale amenities to enjoy and cherish your living environment!

Step into the future of architectural brilliance with this forthcoming masterpiece, the 16,000-square-foot modern home Serenity Heights (one of two executive homes in ''SaddleRidgeLiving'' Development), that has been designed and will be built by renowned architect Ivan Shongov of architekshon, Inc, alongside Kurt Holland of Incline LLC in the prestigious Clearwater Hills community the highest and most coveted view lot in Paradise Valley. This contemporary haven stands as a testament to innovation, luxury, and the seamless integration of design and nature. Architectural Marvels: Envisioned by a luminary in the field, this modern marvel transcends traditional boundaries. The design seamlessly merges sleek lines, expansive glass, and cutting-edge materials to create a residence that not only defines modern living but redefines it. The cantilevered infinity pool is thoughtfully designed with a glass bottom and ambient lighting unveiling the intricate details of the natural rock formations. Unrivaled Views: Situated on a sprawling 11-acre estate, this home commands the highest and most coveted view lot in Paradise Valley offering unparalleled views of Mummy and Camelback Mountain. Experience the ever-changing panorama from nearly every corner of the home, where nature becomes a living canvas. Environmental Harmony: Designed with a commitment to environmental preservation, this residence minimizes intrusion on the natural surroundings, allowing you to coexist harmoniously with the beauty of the landscape. Exclusive Privacy: Nestled within the 24-hour attended gated Clearwater Hills community, this property boasts an exclusive private gated entrance and a majestic 3,000-foot driveway which is shared with only one other estate home in Saddleridge. Luxurious Features: Indulge in the amenities of this exquisite residence, kitchen with butler's pantry, and dining areas to the balcony; living room with fireplace; expansive bar; library; home theater; family room; professional gym with dressing room, sauna, and steam room; ~3,000-bottle wine room; atrium lobby with staircase and circular glass elevator; private office; primary suite with a suspended fireplace, extensive closet systems, ensuite bathroom, and private laundry; roof terrace featuring two gazebos, an outside bar, and lounge areas, along with a custom ~10-person hot tub; IT room; secure safe room; home automation and sound system; and a 24-zone HVAC system. Experience a sense of liberation and escape in the middle of the fifth largest city in the country. The design and location make you feel like you're in a different cosmos, providing a retreat from the hustle and bustle while being close to Scottsdale and Phoenix airports. Serenity Heights is not just a dwelling; it's an elevated lifestyle, a retreat where architectural innovation meets natural splendor, offering privacy, luxury, and an unparalleled sense of being on top of the world. Welcome to your future haven in the sky. Don't miss the video!

Welcome to a world where opulence meets innovation and luxury finds its ultimate expression. Nestled within the prestigious guard-gated community of Silverleaf's Upper Canyon, this extraordinary masterpiece is renowned as ''Castle on the Hill'' the crown jewel of Silverleaf. Perched on over 3 acres of pristine desert landscape, this estate commands the most breathtaking views imaginable. Gaze upon majestic mountains and be spellbound by a sea of twinkling city lights that dance like stars in the night sky. This haven offers an unrivaled sense of privacy, tranquility and security. In Silverleaf, your sanctuary is protected, & serenity is assured. It's a lifestyle that speaks to those who demand the best. Designed and constructed in 2020 by Fratantoni Luxury Estates, this grand estate presents a striking fusion of Italian exterior architecture & modern French interior. Boasting an expansive 13,499 sf of living space, featuring 7 sumptuous bedrooms and 8.5 luxurious bathrooms. Your guests will be delighted to stay in the 2-br 2- ba great room floor plan encompassing 1,479 sf ensuring their comfort and privacy. Step through the imposing entrance and be transported into a world of refined opulence. The castle's interior is a testament to meticulous craftsmanship, with immaculate French inspired details, soaring ceilings & custom arches that create a sense of grandeur. Every corner tells a story of beauty from the glistening chandeliers to the intricate marble accents & masterfully executed stone brickwork. The home is more than a residence, it's an experience. The seamless blend of indoor and outdoor living spaces offers versatility for both intimate moments of quiet reflection and grand scale entertaining that will leave your guests in awe. The Castle on the Hill transcends the realm of real estate, it is a living work of art. Whether you seek a tranquil & cozy haven or an exhilarating & captivating entertaining space, this home offers the canvas upon which to paint your dreams. Where luxury knows no bounds, your kingdom awaits.

Welcome to Villa de Angeli, a timeless masterpiece nestled within the serene beauty of Paradise Valley, Arizona. This sprawling estate, spanning over 22,000 square feet, is situated on 3+ acres of absolute paradise. It features 11 bedrooms, 15 baths, 3 kitchens, a billiards room, a 12-seat tiered theater, stunning wine room, a pool house, and an indoor basketball/pickleball court. An expansive remodel by an award-winning design team was just completed on the primary residence, including the addition of the great room & wine cellar, a complete theater and kitchen update, new Calacatta Gold marble flooring, and incredible crystal silver leaf chandeliers. Throughout this impeccable legacy estate, you are surrounded by marble and hardwood floors, imported stone and tile work, custom Cantera stone fireplaces, grand iron doors, massive mesquite beamed ceilings with carved corbels above, all of which create an atmosphere of unparalleled luxury. As you arrive at one of two gated and secluded entries, you'll be greeted by lush, mature landscaping that envelops the property in a quiet enclave of luxury and opulence. The long, beautifully landscaped motor court sets the stage for the upcoming grandeur. Step into the primary open-air courtyard, guarded by a palatially carved Cantera archway and Juliet balconies. Enjoy listening to the sounds of the central fountain and roaring fireplace paved underfoot with old Chicago brickwork. Enter the grand reception room, adorned with polished and leathered Calacatta marble flooring, a double height hand-carved Cantera fireplace with overmantel, exquisite crystal and silver-plated chandelier, 22' ceilings, and 16' retractable doors that open to the resort like grounds. The secondary courtyard entrance welcomes house guests through original Mexican mesquite doors from the 1800s. It opens to a delicious courtyard and gathering room offering a private sanctuary with gardens, a central fountain, and a Cantera fireplace indicative of a Spanish villa. Outside, the resort-style pool beckons with its lazy river and breathtaking views of the surrounding mountains. With multiple covered and open-air entertaining areas and vistas, Villa de Angeli epitomizes the essence of a world-class resort. Centrally located in Paradise Valley, just steps from the new Ritz Carlton resort and close to high-end shops and restaurants, this estate offers a rare opportunity to acquire a property of such magnitude and beauty. Welcome home to Villa de Angeli, where luxury and comfortable living know no bounds.

Perfectly situated within the prestigious community of Silverleaf, this 4.67-acre estate crafted by Salcito Custom Homes is a true work of art. Positioned in the coveted ''saddle'' of the Upper Canyon Summit, this grand residence offers a blend of warmth and sophistication with its unique French Modern interior-style and meticulous architectural design by Dale Gardon. From its commanding position, the home captures sweeping views of the Silverleaf Golf Course and the valley below. Upon entering, the superb interiors, a collaboration with Rebecca Salcito of the Salcito Design Group, you are immediately captivated. From the marble-carved fireplace to hand-blown glass chandeliers, and draperies fashioned from ombre alpaca fabrics, every detail exudes luxury. European Oak wood flooring graces every room. Step through the welcoming foyer into an open floor plan that encompasses a captivating great room, a striking kitchen complete with a catering area, and a dining room featuring a wine wall. The kitchen showcases exquisite Bulthuap cabinetry, known for its clean design and unique features, including integrated appliances and a convenient breakfast cabinet. Both the main kitchen and catering kitchen boast Calcatta marble waterfall countertops with a leathered finish. The main level houses the office, owner's retreat, and seamless outdoor living spaces. The owner's retreat is a sanctuary of its own, graced with a beautiful marble fireplace mantel and a sitting room adorned with picture windows and access to a private spa cove. The ensuite bathroom showcases marble flooring, showers, and vanities, along with custom wood cabinetry featuring integrated hardware, a matte white soaking tub, and a custom 14' Bubble chandelier. Upstairs, a private office or additional ensuite guest room awaits, while the lower level offers an entertainment area with a spacious family room, game room, and two more ensuite guest rooms. As you approach the estate, a private gated driveway leads from the cul-de-sac to a generous auto court and garages, perfect for car enthusiasts with space for up to 11 vehicles. Additionally, a detached guest house offers incredible views, a living room, bedroom, and a separate garage. Outdoors, you'll find spacious living areas complete with fire features, a double-sided pop-up television cabinet, multiple dining and sitting spaces, a sparkling infinity pool, and a secluded private spa adjacent to the master bath. This distinguished home is a true gem for the most discerning, destined to be cherished and revered. Silverleaf, located in North Scottsdale, Arizona, is a prestigious guard gated community known for its luxurious estates, exclusive golf courses, private Club and stunning desert landscapes. The Tom Weiskopf-designed Silverleaf Golf Course is a highlight for golf enthusiasts. With a blend of Spanish and Mediterranean-inspired architecture, the community offers a high standard of living, including upscale amenities like spas, fine dining, and exclusive shopping. Residents enjoy a harmonious balance between modern luxury and the natural beauty of the desert environment, making Silverleaf a sought-after destination for those seeking an exceptional lifestyle in North Scottsdale.

Perfectly situated on 2.5 acres of lush, meticulously landscaped grounds, this extraordinary estate redefines the pinnacle of luxury living. Spanning over 14,000 square feet, this home masterfully blends opulence and functionality with unparalleled attention to detail. As you approach through the grand entrance, you are greeted by an impressive 11-car motor court, immediately setting the tone for the elegance that defines this property. Step inside to be captivated by the seamless fusion of luxury and warmth. The estate features 7 en suite bedrooms and 12 bathrooms, providing ample space and privacy for family and guests. Floor-to-ceiling windows in the formal dining and living rooms offer breathtaking views of Camelback Mountain, while French doors open to a private sanctuary of resort-style grounds. The chef's kitchen is a culinary masterpiece, equipped with a La Cornue range and rotisserie, multiple dishwashers, ovens, warming drawers, beverage drawers, and a side-by-side glass panel refrigerator. This space is ideal for everything from intimate family breakfasts to grand dinner parties. Entertain effortlessly with the estate's outdoor amenities, including a resort-style diving pool, spa, and air-conditioned pool house. The expansive grounds feature a sport court, children's playground, treehouse, 9-hole putting green, in-ground trampoline, private outdoor fire pit, and an outdoor kitchen with a misting system and indoor/outdoor bar. Indulge in the home's high-end game room with a pool table and strategically placed flat-screen TVs. For cinematic luxury, the 12-person home theater offers state-of-the-art audio and visual technology, ensuring immersive movie nights. The dedicated youth area provides versatile space for gaming, interactive play, study, and sleepovers. The primary suite is a sanctuary of luxury, featuring high ceilings, a cozy fireplace, and a private patio for tranquil moments. The suite includes thoughtfully designed his and her bathrooms, each with its own closet and dressing room, along with a private sitting room for quiet reflection. The expansive gym, located off the primary suite, boasts cutting-edge equipment for all your fitness needs. Adjacent to the gym, the wellness center offers a sauna and steam room, perfect for relaxation and rejuvenation. This estate includes two dedicated professional spaces: a sophisticated office and an estate manager's office. A private guest house with 2 bedrooms, 2 bathrooms, a full kitchen, and a spacious living area ensures that family and friends are accommodated in comfort. Additionally, a separate service quarters features one bedroom and one bathroom, providing privacy and comfort for staff. Your new estate harmoniously blends luxury, functionality, and style, creating an unparalleled living experience that caters to every aspect of your lifestyle. From the meticulously designed interiors to the exquisite outdoor amenities, every detail has been thoughtfully curated to offer unparalleled comfort and elegance. Discover a home where every moment is elevated, and every need is met with grace and sophistication.

SILVERLEAF GOLF MEMBERSHIP OPPORTUNITY AVAILABLE! Discover an exceptional estate nestled in Silverleaf's Upper Canyon, boasting breathtaking mountain and city vistas. Situated on a rare near-level 2.15-acre lot, this property features expansive grounds with meticulously manicured gardens, offering an array of outdoor entertaining possibilities. Revel in the full outdoor kitchen with a pizza oven, elevated seating area, fire pit, and resort-style pool and spa. This single-level home spans 10,248 square feet and encompasses 5 bedrooms, 6.5 bathrooms, along with a dedicated office with bathroom or potential 6th bedroom. A separate detached guest casita adds to the allure. Unparalleled renovation by Salcito Custom Homes and Salcito Design Group... The residence showcases a gourmet kitchen, a great room complemented by a stunning built-in bar, and boasts the ...finest finishes throughout. From stone and wood flooring to hand-applied Venetian plaster walls and ceilings, no detail has been overlooked. The property boasts a wealth of upgrades, including a Crestron audio/video system, Lutron lighting and shade system, custom pre-finished engineered wood plank flooring, and exquisite slabs of Cristallo Bianco Classic and Taj Mahal Classic marble. Notable features also include Albertini Italian steel entry doors, Loewen wood clad windows, Wolf, Sub-Zero, and Miele appliances, and custom wood cabinetry by Arizona Custom Cabinets. Enjoy the luxury of Carrier Greenspeed HVAC, and Chesney's European marble fireplace surrounds in the living room and master suite. Experience unparalleled luxury living amidst the natural beauty of Silverleaf's Upper Canyon.

Step into the future of architectural brilliance with this forthcoming masterpiece, the 11,500-square-foot modern home Whispering Heights (one of 2 executive homes in ''SaddleridgeLiving'' Development) that has been designed and will be built by renowned architect Ivan Shongov of architekshon, Inc, alongside Kurt Holland of Incline LLC in the prestigious Clearwater Hills community on one of the highest and most coveted view lots in Paradise Valley. This contemporary haven stands as a testament to innovation, luxury, and the seamless integration of design and nature. Architectural Marvels: Envisioned by a luminary in the field, this modern marvel transcends traditional boundaries. The design seamlessly merges sleek lines, expansive glass, and cutting-edge materials to create a residence that not only defines modern living but redefines it. The cantilevered infinity pool is thoughtfully designed with sheer artful streams of water that cascade over the pool's edge, gracefully descending to meet the first floor. Unrivaled Views: Situated on a sprawling 5-acre estate, this home offers unparalleled views of Mummy and Camelback Mountain. Experience the ever-changing panorama from nearly every corner of the home, where nature becomes a living canvas. Environmental Harmony: Designed with a commitment to environmental preservation, this residence minimizes intrusion on the natural surroundings, allowing you to coexist harmoniously with the beauty of the landscape. Exclusive Privacy: Nestled within the 24-hour attended gated Clearwater Hills community, it features its own private gated entrance and a majestic ~3,000-foot drive, which it shares with just one other Saddleridge estate home. Luxurious Features: Indulge in the amenities of this exquisite residence, featuring his and her offices, a home fitness studio and sauna, dual primary suites, a chef's dream kitchen with a butler's pantry, movie theatre, wine room, a circular glass elevator and a pool cabana. The five-car garage, roof terrace, and state-of-the-art home automation complete this unparalleled living dream. Experience a sense of liberation and escape in the middle of the fifth largest city in the country. The design and location make you feel like you're in a different cosmos, providing a retreat from the hustle and bustle while being close to Scottsdale and Phoenix airports. Whispering Heights is not just a dwelling; it's an elevated lifestyle, a retreat where architectural innovation meets natural splendor, offering privacy, luxury, and an unparalleled sense of being on top of the world. Welcome to your future haven in the sky. Don't miss the video!

RARE OPPORTUNITY...Don't miss out on the chance to own this iconic Sedona landmark in the heart of Sedona, just a few minutes walk from Tlaquepaque and Uptown Sedona. Endless possibilities await with this versatile multi-use 20 ACRES with breathtaking views of the Red Rock...in the past, it was a spiritual Life Center, and at one time, there were plans to turn it into a resort. Comprising eight distinct parcels, this property features three adjacent lots along Oak Creek and two individual residences, each accompanied by its own guest house. The larger residence is a gorgeous two-story cabin built in 1997 with 2230 sq. ft. and 805 sq. ft. guest house and a horse stable. Current zoning is RS-18 and OC (Oak Creek Heritage).