What’s Ahead For Mortgage Rates This Week – July 25, 2016

Sitting on an acre in prestigious Paradise Valley, this unique 8,768 sq ft property is on a tranquil cul-de-sac, adjacent to expansive 5-acre estates. The lush grounds w/ multiple covered patios + beautiful flowering pots are an oasis of tranquility, featuring an expansive lawn, mature landscaping, a sport court + resort-style pool and spa. Step into luxury thru the grand foyer, where a gilded staircase + hand painted murals set the tone for the exquisite PARISIAN INTERIOR. Fabulous French handmade wallpaper, drapes, lace curtains, wood floors + marble checkered floors guide you through this home. The formal living room captivates with its unique architectural details and vaulted golden ceilings. Entertain in style w/ a pub-like built in bar + attached large stone wine rm that seats 8. The chef's French country kitchen boasts a breakfast nook, a dining cove and charming Toile de Jouy details. The adjoining family rm has deep mahogany walls and ceilings and an inviting library loft with fleur-de-lis stained glass windows which add a touch of light + beauty. This 4 bedroom home with an exquisite master suite also has a theatre and a well appointed library. It is a harmonious blend of elegance, functionality, and French design!

This private gated estate sits on nearly two acres of lush, manicured grounds in a highly coveted Paradise Valley neighborhood. Imagine a home that perfectly combines luxurious living, high end entertaining opportunities and loads of fun for all generations. Enjoy cooking in the impressive kitchen with more than enough room to prep, serve and enjoy, work at home from the private office, end the day with a steam and cold plunge, or work on your golf game; all options are on the table in this unique residence built for family fun. With 8,331 square feet of living space, 5 oversized bedrooms, 6 beautiful bathrooms, a golf simulator and putting green, sport court/pickle ball court, heated pool and spa, and huge yard with fabulous seating vignettes meandering throughout the grounds, this is a home like no other. There's also a billiards room, exercise room, wet bar, and 2 full sized refrigerators and double washer/dryers in the laundry room. Sitting on a gorgeous lot with excellent mountain views, this home is super special!

BEST PRICED, Brand New, Single Level Custom Built Estate, recently completed, great location, move-in ready, with a flat yard, stately views, quality, elegance, privacy and world class design and finishes with a gated 4 car garage. This stunning, one of a kind, single level soft contemporary masterpiece is perfectly positioned at the base of Mummy Mountain created by award winning developers Paramount Luxury Development,PHX Architecture, Sapanaro Development, and Berghoff Design. The Floorplan showcases meticulously designed open spaces with views, floor to ceiling high quality windows, doors, and motorized retractable glass walls that open to breathtaking mountain and city light views. The entertainers backyard features expansive covered patios, a large spillover spa, pool, and fire pit

A stately 5 year work of art. Meticulously designed and artfully constructed of Steel and Block with one objective, build with the highest quality. Every decision was meticulously contemplated, view studies were conducted to maximize iconic Camelback Mountain, Mummy Mountain, and City Lights from every room. The owner spent 1.5 years searching for this special site, 1 year and millions of dollars excavating the land, and 2.5 years building this world class mountain estate. Famous architect BING HU engaged with the sole mission of the most quality Modern mountain estate blended with sustainability and the luxurious lifestyle that Arizona exudes. This 5 bedroom 6 bathroom Arizona Home of the Year has won numerous awards and truly delivers an experience, a lifestyle & a way of life.

Spend your days enveloped in grandeur at Arcadia at Silverleaf, an esteemed boutique gated and guarded community. Nestled on a prestigious corner lot, this residence offers unparalleled views of the McDowell Mountains and overlooks one of Arcadia's iconic parks. As you step into this enchanting 7,741-square-foot home, sophistication seamlessly merges with the warmth of tradition. The gourmet kitchen, a culinary masterpiece, sets the stage for gastronomic delights. The dining area, adorned with refined accents, is perfect for intimate gatherings, while the living space combines comfort and sophistication for festive celebrations. Experience the grandeur of 24-foot ceilings cascading into a magnificent great room, formal dining area, and an exceptional sports and entertainment room. The luxurious downstairs owner's suite provides a peaceful retreat with a gas fireplace, expansive walk-in closet, soaking tub, and shower. A powder room and a spacious office with a full bathroom and private patio complete the main level living. The residence boasts five en suite bedrooms and six and a half luxurious bathrooms, each detail meticulously crafted to perfection. Wood flooring, Wolf Appliances, custom cabinetry, a dedicated office space, and a flex room seamlessly integrated into the landscape enhance the overall appeal of this Silverleaf Estate. More than a home, this residence promises an experiencea testament to extraordinary living in 2024. Elevate your lifestyle with grandeur. Beyond a house, it's a statementa proclamation of the extraordinary life within the walls of this Silverleaf Estate. This residence transforms into an entertainer's haven, offering alfresco amenities including kitchen and bar pass-thru windows for outdoor entertaining, a covered patio for gatherings, enchanting fountains, fireplaces, pool, and spa. Immaculate and timeless, this distinctive property is designed for the most discerning buyers. Embrace a lifestyle of opulence and refinement in this captivating residencea true masterpiece in the heart of Arcadia at Silverleaf.

This stunning, newly completed Ranch Hacienda estate nestled on a premium hillside lot in Privada offers sweeping panoramic views including Pinnacle Peak, Troon Mountain, city lights, and fairway views of the Estancia golf course. Constructed by Argue Custom Homes with exquisite interior design by Est Est, this residence offers 10,170 sq ft under roof, and an open floor plan that lives mostly on the ground floor. The impressive great room is anchored by a dramatic fireplace while glass sliding doors encapsulate the gorgeous views and invite you out to the pool area. The sleek kitchen offers a stunning contemporary drop ceiling, Neolith stone countertops, textured walnut cabinetry and Miele appliances, a dining area with wine wall, as well as a separate prep kitchen/butler's pantry, which is equipped with additional ovens and refrigerator, and Fisher Paykel dishwasher drawers. The primary suite and 3 additional ensuite bedrooms each have their own wet bars, and are found on the main floor. The upper level is dedicated to a bonus room/office with half bath and spacious balcony to enjoy the gorgeous south and west views. In addition, there is a detached casita offering a family room with fireplace, kitchen, bedroom suite and laundry area. Sandblasted marble tile and wide plank oak flooring extend throughout the home, and all bedrooms and ensuite baths have heated floors. The backyard offers a generous covered patio with stone fireplace, outdoor kitchen and built-in heaters, and a large pool with Baja shelf, swim up bar, spa, and additional poolside BBQ area.

PAMPERED PRACTICAL INDULGENCE IS YOURS WHEN THIS AWE-INSPIRING MASTERPIECE ESTATE IS HOME. NESTLED IN DOWNTOWN PHOENIX THIS HIDDEN DELIGHT IS THE EPITOME OF SOPHISTICATION, LUXURY AND PRACTICALITY, FLAWLESSLY BLENDING OLD-WORLD CHARM AND CONTEMPORARY TREND-SETTING ELEGANCE. HISTORICALLY REGISTERED, METICULOUSLY RENOVATED AND 100% RETROFITTED, THIS ARCHITECTURAL GEM IS OFFERED AT CLOSE TO REPLACEMENT COST AT $7,995,000. AN IMPRESSIVE 8,225 SQUARE FEET, THIS CURATED ARCHITECTURAL MARVEL ESTABLISHES A NEW ASPIRATIONAL STANDARD FOR URBAN LIVING WITH ITS CAPTIVATING FUSION OF HISTORIC SIGNIFICANCE AND CUTTING-EDGE TECHNOLOGY IN ITS SEAMLESS BLEND OF OLD-WORLD CHARM WITH MODERN HIP SOPHISTICATION AND HIPSTER VIBE. AS YOU APPROACH THE FRONT OF THIS OPULENT DREAM HOME, YOU'LL ENJOY THE UNDERSTATED GRANDEUR OF THE ORIGINAL BRICK FAÇADE OFFSET BY A CRISP NEW STUCCO EXTERIOR POISED ON A SEA OF LUSH GREEN GRASS. EVERY DETAIL SPEAKS OF METICULOUS CRAFTMANSHIP. MAKE YOUR ENTRANCE THROUGH THE RESTORED ORIGINAL FRONT DOOR INTO THE CRYSTAL OPAL MARBLE ENTRYWAY AND MARVEL AT THE GRAND ONE-OF-A-KIND, CIRCULAR GLASS STAIRCASEA TRUE WORK OF ART ELEVATING THE ENTRANCE TO A SYMPHONY OF LUXURY. THE FORMAL LIVING ROOM, FEATURING A HISTORICALLY SOURCED FIREPLACE AND EXQUISITE CHANDELIERS FROM A NEW YORK CITY MANSION IS COMPLEMENTED BY RAW STEEL BEAMS AND PLASTER COVE CEILINGS. THE DINING ROOM IS A HIDDEN TREASURE, WITH EXPOSED BRICK AND MIRRORED GLASS DISPLAY SHELVES THAT DOUBLE AS A SECRET DOOR TO THE CIGAR OR CHINA ROOM. A CUSTOM FLOATING DINING TABLE, ANCHORED WITH MODERN STEEL, INVITES YOU INTO AN AMAZING AND UNIQUE ENTERTAINING AREA. BEAUTIFULLY DESIGNED FOR LARGE EVENTS AND INTIMATE TETE-A-TETES THIS RESIDENCE BOASTS NOT ONE, BUT THREE CHEF'S KITCHENS, EACH A TESTAMENT TO CULINARY EXCELLENCE. THE FIRST, IN THE MAIN HOUSE, SHOWCASES SLEEK COLORFUL CABINETRY, A CENTER ISLAND WITH EAT-UP BAR SEATING, COMMERCIAL-GRADE HESTAN APPLIANCES, DESIGNER PENDANT LIGHTING AND A SEPARATE STAINLESS-STEEL COMMERCIAL DISHWASHING ROOM. THE GREAT ROOM AREA, OPENING SEAMLESSLY TO THE KITCHEN, OFFERS A CUSTOM 10' FIREPLACE, WHILE A SITTING AREA/TV ROOM ADJACENT TO THE GREAT ROOM ADDS A SURPRISE TOUCH OF INNOVATION WITH A TV THAT ELEGANTLY POPS UP FROM A HIDDEN FLOOR VAULT. A SECOND CUSTOM GLASS STAIRCASE ILLUMINATED BY LASER LIGHTS, LEADS TO A GLASS BRIDGE OVERLOOKING THE LIVING SPACES BELOW. A SECONDARY MAIN ENTRANCE IN THE GREAT ROOM, MARKED BY AN OVERSIZED GLASS PIVOT DOOR, ENHANCES THE FLUIDITY OF THE SPACE. THE RESIDENCE FEATURES A BESPOKE LEATHER CLAD BAR WITH A WINE STATION, INJECTING A SENSE OF LUXURY AND PRACTICALITY WITH A CUSTOM HYDROGEN FEED FOR YOUR WINE BOTTLES EXTENDING EACH BOTTLE'S SHELF LIFE TO OVER FOUR MONTHS! THE PRIMARY SUITE, COMPLETE WITH ITS OWN PRIVATE BAMBOO ACCENTED ELEVATOR, IS A HAVEN OF INDULGENCE AND AS WELL AS A NATURAL SAFE ROOM. THE SUITE IS ADORNED WITH A BUILT-IN WINE FRIDGE, MICROWAVE, AND A CUSTOM SEATING/STORAGE BENCH AND EXTENDS OUT TO A PRIVATE BALCONY WITH A HEATED SPA AND PATIO BARANOTHER OASIS OF PRIVACY, PRACTICALITY, AND TRANQUILITY. THE PRIMARY BATH IS A CONTEMPORARY WET ROOM HAVEN, BOASTING DUAL FLOATING SINKS, A DESIGNER TUB WITH WATER BUBBLES AND JETS, AND FOUR OPEN IN-CEILING SHOWERS INCLUDING RAIN HEADS, MULTIPLE SPRAYERS, CUSTOM LIGHTING AND MISTING SCENT OPTIONSCREATING AN IMMERSIVE SENSORY EXPERIENCE. DESIGNER HEATED BIDET TOILET, A PRIMARY MIRRORED WALK-IN CLOSET WITH CUSTOM BUILT-INS AND A CENTRAL ISLAND WITH BENCH SEATING, ELEVATE THE CONCEPT OF LUXURY. ALL ADDITIONAL BEDROOMS ARE ENSUITE, FEATURING WALK-IN CLOSETS AND DESIGNER BATHS WITH UNIQUE FEATURES. AN ADDITIONAL UPSTAIRS OFFICE AND PLAYROOM ADDS FUNCTIONALITY, WHILE A SEPARATE GUEST CASITA WITH TWO BEDROOMS AND TWO BATHS OPENS TO A STUNNING BACKYARD OASIS. THIS HIDE-AWAY LOCATED JUST MINUTES FROM PHOENIX'S BUSY URBAN HUB IS A VISUAL SPECTACLE WITH CUSTOM HEATED POOLS, BEACH ENTRY WITH IMPORTED WHITE CALIFORNIA SAND, FIREPIT, OUTDOOR HEATED SPA, COLD PLUNGE, MAIN POOL WITH LAP LANE, SECONDARY COCKTAIL POOL AND AN OUTDOOR HOT/COLD SHOWER, ALL ENVELOPED BY LUSH GREENERY. ADDITIONAL AMENITIES INCLUDE A HOME GYM, A YOGA STUDIO WITH INFRARED HEATING & HUMIDIFIER, AND A SPA HOUSE WITH LOCKERS FOR STORAGE, CUSTOM SHOWER AND GIANT WET STEAM ROOM EQUIPPED WITH MOOD LIGHTING, AROMA THERAPY AND MULTIPLE SHOWER SPRAYERS WITH EVERY WATER FEATURE IMAGINABLE. ADDING TO THE ALLURE OF THIS HOME IS A CATERER'S KITCHEN IN THE SEPARATE POOL HOUSEA CULINARY HAVEN WITH A WALL OF GLASS THAT SEAMLESSLY MELDS INTO THE OUTDOOR SPACE. THE POOL HOUSE, ADORNED WITH A STEEL-BEAMED CEILING, HOSTS THIS CELEBRITY ENTERTAINER'S HAVEN, FEATURING ITS OWN CATERING KITCHEN WITH DUAL DISHWASHERS, FRIDGES, VEGETABLE DRAWERS, FREEZERS, FRENCH OVEN, A SECOND WINE STATION, BEER TAPS AND MORE. THIS STATE-OF-THE-ART SMART HOME, A TRUE MARVEL, STANDS AS A TESTAMENT TO LUXURY, UNIQUENESS, RESTORATION, AND HISTORICAL SIGNIFICANCE. IT BECKONS THOSE WITH A NEED FOR SECURITY AND AN APPRECIATION FOR THE EXTRAORDINARY, PROMISING AN UNPARALLELED LIFESTYLE DEFINED BY PRACTICAL OPULENCE AND DISTINCTION. IMMERSE YOURSELF IN THE ALLURE OF THIS FIRST-OF-ITS-KIND DOWNTOWN RESIDENCE ESTATEA LIVING MASTERPIECE WHERE YOU'LL TRANSCEND TIME AND TRADITION.

Stunning Hillside Estate with Golf membership available! Commanding views overlooking Desert Mountain, Valley, mountain, sunset and city light vistas and beyond. Thoroughly comfortable yet elegant mountain style home featuring impressive wood beams, artisan crafted stone, wood moldings, doors and cabinetry throughout. Five Bedrooms in all including detached 2-room guest house. Entertaining sit-up bar opens to living, chef's kitchen morning room. Impressive primary BR wing with stunning bath, private view patio and hearth. Fully paneled office/library/den with private inner office. Never miss a game ...AV system with 3 display TV's in both Great Room and Library! Extensive sun and shade patio for year-round living. Impeccable and timeless! Four-car garage. Furniture is available.

Amazing luxury estate blended in at the base of Mummy Mountain and a rare find in the heart of Paradise Valley. Imported materials include reclaimed cobblestone from Rome, Italian marble, handcrafted furniture style cabinetry and masterful craftsmanship throughout home. Expansive covered patio, barbecue kitchen area, synthetic grass, pool, spa and fireplace. Mature landscaping accents the Santa Barbara-Tuscan Architecture. Split floor plan with 4 en-suites, office including a fireplace. Master suite has separate water closets; one with a bidet. A soaking/jetted tub in the center of the bathroom and large pass-through shower with dual rainforest shower heads. Stunning home is a must see.

This brand new custom home is a true showstopper. The amazing team at Caniglia Development has created an absolute masterpiece combining classic elegance with a modern vibe. The exceptional design, architectural excellence and superior construction will impress anyone with an eye for quality and style. The kitchen will be gorgeous with top-of-the-line appliances, oversized prep spaces and custom cabinetry, the great room will be exquisite with soaring ceilings and a chic fireplace, the office will make working from home the preference, the game room will be a perfect spot for kids and adults alike, and all the bedrooms and baths have their own unique elements including a breathtaking owner's suite with a spectacular bathroom. The grounds will be every bit as impressive as the home with

Indulge in the epitome of luxury living with this breathtaking residence. As you approach, the curb appeal captivates with its exquisite opulence, as you drive up under the large Portico held up with large Cantera Pillars and beautiful T & G wood ceiling and looking at the 10-foot double Metal and glass entry doors, setting the stage for the grandeur that awaits within. Enter through the grand foyer, where soaring hand-painted Groin arched ceilings and rich maple wood flooring create an immediate sense of elegance. The formal domed dining room, adorned with similar hand-painted ceilings, invites you to savor refined meals and opens to a private courtyard, seamlessly blending indoor and outdoor living. A versatile office study, doubling as a potential fourth bedroom, boasts coffered ceilings and double-crowned accents and a full bathroom of its own. This room opens to yet another charming courtyard, providing a tranquil and private retreat. As you continue into the Living area you will experience a very open living area, in the Main living area, you will notice the main focal point is the large gas fireplace with a large Cantera mantle and custom-made gate. Along with the large sliding glass wall looking out to the back oasis and camelback mountain. You'll love the kitchen a culinary delight with an expansive island, pendant lighting, ivory cabinets, and exquisite details like a custom hood vent and ornate backsplash. Pot filler, High-end appliances, including a 48 Wolf Series gas range and a Sub-Zero integrated Freezer and refrigerator, elevate this space to meet the needs of the most discerning chefs. Designed for entertaining, the butler's pantry complements the kitchen, providing additional cabinetry, countertop space, a sink, and a second dishwasher, another full-size refrigerator. The powder room is a work of art with custom textured walls and a hand-selected onyx stone sink, adding a touch of sophistication. As you walk down the hallway you will run into the lavish 300 bottle climate-controlled wine room which is a piece of art by itself. You will then enter the bonus living area in which you will be able to enter Each of the additional bedrooms in which each are generously spacious, offering a haven of comfort with private en-suite bathrooms with walk in closets. The primary master suite is the heart of this magnificent home, a secluded Master wing retreat, featuring over 2000 sq ft of A sanctuary retreat that you may not want to leave. With automatic shades, a soothing electric fireplace, and direct access to the backyard oasis. The primary en-suite is a true sanctuary, offering his and her water closets, separate sinks, and custom large walk-in dual closets. The grand jetted soaking tub, adorned with an ornate chandelier, provides a luxurious space for relaxation. Additional features of the primary en-suite include an expansive walk-in steam shower, a separate washer/dryer, and an extended nook area that can be customized for various purposes, such as a gym or nursery or office space. Step outside to the backyard, a true paradise designed for leisure. An expansive covered patio with a tongue and groove ceiling, fans, and a misting system beckons you to unwind. The 45 ft sparkling pool and infinity edge hot tub offer a refreshing retreat after a long day. For golf enthusiasts, two putting greens await, adding a touch of recreation to the outdoor haven. Overlooking the pool, a stately ramada area becomes the focal point for entertaining, complete with a cozy fireplace and a gas grill. This outdoor space seamlessly combines luxury and leisure, providing a perfect setting for gatherings. The property extends its hospitality with a 900 sq ft guest housea one-bedroom retreat with two bathrooms, a full kitchen, and a walk-in closet. Adorned with porcelain tiles in a herringbone pattern, this space effortlessly combines elegance with functionality, offering a stylish living experience for guests. For automotive enthusiasts, the climate-controlled 1460 sq foot 4-car garage is a haven. With Metallic epoxy flooring, built-in storage space, and an extended workspace cater to both functionality and aesthetics. A private paved auto courtyard adds convenience, along with 2 RV gates and a 300 sq ft storage area. In summary, this residence seamlessly combines architectural precision with 6113 sq ft of opulent living area in the main house and 924 sq ft of guest house area. There is over 10000 sq ft under roof area. Every detail has been meticulously crafted to create a haven where luxury, comfort and style converge, offering an unparalleled experience.

Welcome to the palatial ''Casa Bello Vino'' estate. The remarkable 9.5 foot carved wooden door opens to a home with intricate design and impressive details. The herringbone travertine graces the walkways as you make your way to the extraordinary 2 story wine cellar. Evoking a European castle, the stone cellar can hold over 750 bottles of wine. The brick barreled ceiling in the adjacent hallway takes you to the executive office. Adorned in elaborate carved wood and complete with a private bathroom and covered patio. The curved, stone staircase leads you to the expansive primary suite. Sit in front of the fire, enjoy views of Camelback Mountain and relax on the terrace. The primary bathroom is an oasis embellished with luxurious marble, lavish walk-in shower, and an expansive closet with washer & dryer. The adjoining home gym includes a steam room, and invites relaxation on the trellised deck with magnificent Camelback Mountain views. The three additional sophisticated en-suite bedrooms are all highly appointed with impressive finish elements. Below, an executive office, adorned in elaborate carved panelling is complete with a private bathroom and covered patio. Enjoy entertaining in the finest gourmet chef's kitchen with exquisite granite, custom cabinetry, hand-painted tile, two walk-in pantries, butler's pantry and the phenomenal walk-in refrigerator and freezer. The media room beckons with gorgeous wood inlayed flooring, wet bar, and direct access to the outdoor paradise. The lush, resort backyard welcomes enjoyment on the putting green, built-in BBQ, diving pool, therapeutic spa, and cabana. Bonus elements include additional workspace/office, opulent powder room featuring a 700 year old Turkish sink, elevator and secure space. The car enthusiast will revel in the temperature controlled 6 car extended garage with the ability to add lifts - for a total of 12 cars. A stunning home in the heart of Paradise Valley.