TheMReport

Turning the Tide in Title

TheMReport — News and strategies for the evolving mortgage marketplace.

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8 | Th e M Rep o RT mdwell at Its Finest New York, New York Median List Price: $4,371,655 Median Square Footage: 4,695 Luxury Homes Available: 588 Hot home: Buyer wanted, dead or alive. Cheesy puns aside, this renovated, 7,452-square-foot Manhattan penthouse owned by rock-and-roll legend John Bon Jovi exudes luxury at every turn. The residence has a great room with floor-to-ceiling windows revealing panoramic views, 11-foot-high ceilings, and a wood-burning fireplace. The home is currently listed at $39.9 million. Shelling out that kind of cash is sure to give your pocketbook a bad name. San Diego, California Median List Price: $2,210,957 Median Square Footage: 3,977 Luxury Homes Available: 989 Hot home: A search to locate the apartment of a certain popular local news icon that smells of rich mahogany ended only in frustration. Instead we bring you a stunning 9,400-square-foot home on the market for just under $5.2 million. With five bedrooms and a natural boulder waterfall pool and spa boasting all- day sunshine on the water, surrounding patios, and the home, this house offers the height of luxury with no detail spared. Boston, Massachusetts Median List Price: $1,854,400 Median Square Footage: 4,588 Luxury Homes Available: 350 Hot home: Boston can lay a legitimate claim to having the most culturally rich his- tory in the United States. This 1823 Asher Benjamin Federal-style townhouse calls you back to a simpler time with a style and charm befitting the most luxurious homes of that era. Clocking in at just under 8,300 square feet, and sporting a $9.9 million dollar price tag, any lover of historical architecture would be sure to love this find. Miami, Florida Median List Price: $2,494,395 Median Square Footage: 3,935 Luxury Homes Available: 1,196 Hot home: Hip-Hop Mega Star and Producer Pharrell Wil- liams refers to this home he has on the market for just under $11 million as a "reverse fishbowl," be- cause of all the glass and natural lighting provided by the home's many wall- sized windows. The home boasts 10,000 square feet of dramatic living space and a 5,000-square-foot rooftop pool and deck area at this prime waterfront lo- cation in Miami's exclusive Brickell Avenue. San Francisco, California Median List Price: $4,074,520 Median Square Footage: 4,672 Luxury Homes Available: 142 Hot home: San Francisco is one of the most sought- after locations in the country. Naturally, it has some of the most expensive real estate as well. The former home of current United States Senator Dianne Feinstein recently sold for an even $9.5 million. The beautiful residence boasts five bedrooms, five-and-a- half bathrooms, and clocks in at 8,200 square feet. It also has a solarium, a pub room, a library, and eight fireplaces. It's hard to picture a more welcome retreat from the pressures of Washington DC than this location. Luxury

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