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Realestatetrends | Beach Road Realty Inc Blog

Thursday, December 21, 2023   /   by Richard Eimers

Rock Legend Rod Stewart's $70M Beverly Hills Mansion

Discover the opulent world of rock-and-pop icon Rod Stewart as he lists his magnificent Beverly Hills estate for $70 million. This 28,500-square-foot mansion, nestled in the prestigious North Beverly Park neighborhood, offers unparalleled luxury.




Luxurious Features: The expansive great room boasts a hand-painted bar, French doors leading to a covered patio, and Versailles-like decor, designed by renowned architect Richard Landry. Indulge in the gourmet kitchen, tea room, and stunning den, complemented by intricate marble floors and ornate molding.




Entertainment Extravaganza:
Enjoy a screening theater, tennis court, and outdoor spaces with fireplaces and barbecue, perfect for gatherings.


Elegant Living Spaces:
The primary suite features a spacious sitting area, balcony, and dual bathrooms with distinct aesthetics.




Global Icon's Farewell:
Rod Stewart, with over 250 million records sold worldwide, is bidding farewell in style, currently on a farewell tou ...

  property market, real estate, home prices, home sales, real estate market, real estate news, realestate, home selling, real estate investment, realestatetrends, #realestate #housingmarket #mortgagerates #homebuying #homeselling #nar #interestrates #financialplanning #homeownership #realtoradvice #homeresearch #springmarket #winterrealestate #valentinesdayhomebuying

Tuesday, October 31, 2023   /   by Richard Eimers

National Association of Realtors: Pending Sales Rise 1.1% in Sept.

It’s a slight gain, but NAR’s chief economist says pending sales “remain at historically low levels.” Year-over-year, pending transactions were down 11%.

WASHINGTON – Pending home sales rose 1.1% in September, according to the National Association of Realtors® (NAR). Three of the four regions tracked – the Northeast, Midwest and South – posted monthly gains in transactions while the West saw a loss. Year-to-year, though, all four regions had transaction declines.
“Despite the slight gain, pending contracts remain at historically low levels due to the highest mortgage rates in 20 years,” says NAR Chief Economist Lawrence Yun. “Furthermore, inventory remains tight, which hinders sales but keeps home prices elevated.”
The Pending Home Sales Index (PHSI) – a forward-looking indicator of home sales based on contract signings – rose 1.1% to 72.6 in September. Year over year, pending transactions declined ...

  beach road realty, eimers group, richard eimers, realestate, pendingsales, housingmarket, nareconomics, mortgagerates, inventory, homeprices, housingpredictions, marketoutlook, homesales, newhomesales, nationalmedianprice, regionalhousing, marketrecovery, realestatetrends

Monday, October 16, 2023   /   by Richard Eimers

Buyer Stress Worse than Dating – and Potty Training

Study: What’s more stressful than buying a new home? A divorce or finding a new job. But events such as weddings, car buying or finding a college are not.

SEATTLE – Nearly two-thirds of recent U.S. homebuyers (59%) think purchasing a house is more stressful than dating, according to a report from Qualtrics commissioned by Redfin covering May-June, 2023.
“Getting ghosted by your date is stressful, but purchasing a home in today’s market comes with its own unique set of anxieties,” says Redfin Chief Economist Daryl Fairweather. “Buyers are increasingly ghosting sellers as housing costs climb, and high mortgage rates are prompting many homeowners to stay put instead of selling – meaning house hunters have a record low number of homes to swipe right on.”
Of the life events respondents had to choose from, respondents found only two more nerve-wracking than buying a home: 57% said divorce and 56% said finding a new job.
The results don& ...

  beach road realty, eimers group, richard eimers, study, stress, homebuying, realestate, mortgagerates, stressfulevents, divorce, jobsearch, housingmarket, millennials, babyboomers, genz, homeownership, financialstress, propertymarket, returntooffice, buyingahome, realestatetrends, homeequity, collegeadmissions, racialdisparities, studentloans, floridarealtors

Beach Road Realty Inc
Richard Eimers
17 Roundwood Drive
Inlet Beach, FL
850-259-1798

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