November 2012

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NEW JERSEY Statistics: Avg. 30-Yr. Fixed Rate: 3.836% Avg. Loan Amt.: $252,799 Avg. Credit Score: 745 Hot Home: Toms River, New Jersey. Melissa Gorga and her husband, Joe, stars of Bravo's Real Housewives of New Jersey, have listed their summer home in Toms River for $520,000. According to Zillow, the couple recently reduced the price of the small, 684-square-foot abode by $15,000, and the website notes that the three-bed- room, two-bathroom house also includes a saltwater pool, patio area, outdoor kitchen, and fireplace. TEXAS Statistics: Avg. 30-Yr. Fixed Rate: 3.84% Avg. Loan Amt.: $170,531 Avg. Credit Score: 732 Hot Home: Dallas, Texas. Fans of recently revamped televi- sion series Dallas on TNT can own a lavish, 3.83-acre estate featured in the new version of the cult classic. Located at 4130 Cochran Chapel, the contemporary-style mansion is currently listed for $6.9 mil- lion, and in addition to gain- ing a piece of small-screen stardom, the future owner of the 8,984-square-foot property will also appreciate the home's amenities, which include an exercise suite, two studies, a media room, four- car garage, and infinity pool. HAWAII Statistics: Avg. 30-Yr. Fixed Rate: 3.847% Avg. Loan Amt.: $302,522 Avg. Credit Score: 754 Hot Home: Waialua, Hawaii. Founded in 1897 by Ben- jamin Franklin Dillingham, who's most well known for establishing the Oahu Railway and Land Company, the Dillingham Ranch is on the market in Hawaii for $65 million. Covering 2,700 acres, the incredible property comes with 19 acres of ocean- front, as well as a main lodge boasting eight bedrooms. Adding to the history of the home, the Dillingham estate is believed to have been the "birthplace of Hawaiian polo," according to Curbed. Walter, Benjamin's son, was respon- sible for cofounding not only the Hawaii Polo and Racing Club, but also the area that is now famed Waikiki Beach. CONNECTICUT Statistics: Avg. 30-Yr. Fixed Rate: 3.851% Avg. Loan Amt.: $233,901 Avg. Credit Score: 751 Hot Home: Southbury, Con- necticut. The former weekend home of legendary television host Ed Sullivan has been listed for $460,000. Located on N. Georges Hill Road, the 2-acre property includes a well-appointed main home comprised of 3,600 square feet, and Zillow noted that the current owners are set to lose money on the sale, having purchased the abode from Sullivan's family estate in 2008 for $520,000. The quaint house, which Sullivan reportedly chose after seeing the classic beamed ceiling in the large kitchen, was featured in a 1956 issue of American Home. MASSACHUSETTS Statistics: Avg. 30-Yr. Fixed Rate: 3.856% Avg. Loan Amt.: $234,765 Avg. Credit Score: 747 Hot Home: Nantucket, Mas- sachusetts. Situated in Nan- tucket Island's tony Swain's Neck area, this 70-acre estate made history in Massachu- setts recently, thanks to its hefty $59 million listing price. Currently the most expensive home for sale in the state, as well as one of the top 20 costliest domiciles in the U.S., the nine-bedroom mansion boasts unobstructed views of Polpis Harbor, in addition to a media room and chef's kitch- en. The home's expansive grounds, meanwhile, feature a private beach, a boathouse, sports courts, equestrian facilities, and a two-bedroom guest cottage. WASHINGTON Statistics: Avg. 30-Yr. Fixed Rate: 3.857% Avg. Loan Amt.: $221,857 Avg. Credit Score: 751 Hot Home: Seattle, Wash- ington. A famous mansion in Seattle's sought-after Capitol Hill area has hit the market for $4.875 million. Curbed reported the listing, calling the hot property "worth the moolah." The 9,100-square- foot, four-bedroom home features amenities includ- ing a third-floor playroom and guest quarters, adding that the estate also boasts a carriage house. The website continued its praise of the unique property, calling it "grandiose without being particularly pretentious," and noting that the home's layout was "well-proportioned." NEW YORK Statistics: Avg. 30-Yr. Fixed Rate: 3.859% Avg. Loan Amt.: $221,215 Avg. Credit Score: 741 Hot Home: New York, New York. Homebuyers in Manhattan have the chance to live like a hip-hop mogul, now that P. Diddy has listed his New York City apartment for $8.5 million. Calling it an "entertainer's dream," Zillow reported that the music man transitioned the three-bed- room property into a more open space, turning the pad into a one-bedroom abode with an enormous media and piano room, adding that the 2,292-square-foot apartment features "expansive views," customized lighting that includes blackout shades, a "world-class" sound system, and closets with humidors installed for cigar lovers. CALIFORNIA Statistics: Avg. 30-Yr. Fixed Rate: 3.86% Avg. Loan Amt.: $283,698 Avg. Credit Score: 752 Hot Home: Beverly Hills, California. The former Los Angeles home of Ernest Borgnine has hit the market in the Sunshine State. The gated estate, designed in 1938 by architect L.G. Scherer, is currently listed for $3.395 million. Located just below famed Mulholland Drive, the 0.5-acre property features a 6,200-square-foot main home as well as a one-bed- room guest house. According to Curbed, the classically "charming, Old Hollywood" mansion on Lake Glen Drive was Borgnine's residence for more than 60 years before his death in July. VIRGINIA Statistics: Avg. 30-Yr. Fixed Rate: 3.861% Avg. Loan Amt.: $252,677 Avg. Credit Score: 747 Hot Home: McLean, Virginia. So-called "Republican power couple" Ed and Edwina Rog- ers have listed their Virginia mansion for $8.5 million, ac- cording to the Washington Post. The 15,300-square-foot home sits on four acres, and the estate's grounds are said to include a putting green, pool, guest house, and six-car garage. Boasting five bedrooms, seven baths, and four half-baths, the main house features a two-story entrance hall with matching curved staircases and a well- appointed wine cellar. MISSOURI Statistics: Avg. 30-Yr. Fixed Rate: 3.864% Avg. Loan Amt.: $155,187 Avg. Credit Score: 744 Hot Home: St. Louis, Missouri. A home designed by well- known architect Raymond Maritz and engineered by Sverdrup and Parcell has been listed for $1.6 million. The traditional mansion at 10 Fair Oaks Drive rests on 2.2 acres and is located near city landmarks including the Bogey Golf Club and Carmelite Monastery. The four-bedroom abode features a library, large living areas, eat-in kitchen, and guest quarters. Additionally, the grounds of the posh property are said to mimic a "park" setting, with lush landscaping and large tress throughout. THE M REPORT | 13

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