Real estate remains a top wealth allocation choice across all generations, with the emerging affluent identifying it as their primary growth opportunity.
The 2024 Study of Wealthy Americans by Bank of America reports that young wealth holders, digital nomads, and professionals in finance and technology view real estate as a leading asset class, alongside cryptocurrency and private equity. In contrast, older wealthy high-net-worth individuals prefer real estate in addition to U.S. and international stocks.
Bank of America reveals that individuals aged 21 to 43, particularly digital nomads and those in finance and tech, view real estate as their best wealth-building opportunity, along with cryptocurrency, private equity, and personal brand income.
For those over 44, the study indicates a strong preference for real estate, which they rank highly alongside U.S. stocks and equities from emerging and international markets.
Younger buyers are prioritizing real estate purchases but may have more diverse family structures and priorities than previous generations. Contact me to learn how I can help prepare your home for sale so it appeals to the emerging affluent.
I hope this message finds you well and you are enjoying the fresh energy that comes with the spring season!
I’m excited to share our Spring 2025 Market Report, offering a current look at the real estate trends shaping King, Snohomish, Pierce, and Chelan Counties. This spring brings renewed activity and opportunity to the market, with strong buyer interest, evolving commute priorities, and continued inventory challenges defining much of the landscape. Whether you’re actively considering a move or simply staying informed, this report offers valuable insights to support your real estate goals.
Some highlights include:
Low inventory continues to drive competition, especially for well-located, move-in-ready homes across all price points. The return to in-office work is influencing buyer behavior, with increased demand for homes near urban job centers like Seattle and Bellevue. Stable pricing and growing inventory in several counties are providing opportunities for both buyers and sellers this season.If you’re curious about what these trends mean for your next move—or just want to better understand the market—I’d love to connect. As always, I’m here to help you make confident, informed decisions this spring and beyond. Looking forward to catching up soon!
Erin Harold +1 2063268961 Marketplace Sotheby’s International Realty Russ Lyon International Realty
As you may have noticed, the stock market has been facing significant turbulence lately, with market fluctuations and uncertainty creating a ripple effect on portfolios everywhere. While volatility is part of the stock market’s nature, these recent trends signal a possible downturn that could last for some time. It’s at times like these that we must step back and reassess where our money is placed—especially if we are looking to preserve and grow our wealth.
Why Is the Stock Market Struggling? There’s no denying that stock markets are experiencing a crash of sorts. Economic factors such as rising interest rates, inflation concerns, and shifting global market conditions are driving down stock prices across a broad spectrum of industries. For those heavily invested in the stock market, these declines can lead to significant financial losses, and recovery may take years, depending on the severity of the downturn.
However, there’s a silver lining for savvy investors: real estate.
While the stock market continues its unpredictable ride, real estate remains a time-tested method of wealth preservation, especially during uncertain economic climates. Here’s why: Tangible Asset Value: Unlike stocks, which can fluctuate rapidly based on market sentiment and economic changes, real estate offers a tangible, physical asset. Land and property values tend to rise over time, even during downturns, making them an ideal long-term investment.
Consistent Income: Real estate, particularly rental properties, can provide consistent cash flow through rental income. This allows you to weather market volatility while still enjoying financial returns on your investments.
Hedge Against Inflation: As inflation rises, so do property values. Real estate is historically one of the best hedges against inflation, protecting your wealth from eroding in value during economic uncertainty.
Equity Growth: Instead of seeing your stock portfolio decrease in value, real estate provides an opportunity to build equity over time, increasing the overall worth of your assets.
Lower Volatility: Real estate is generally less volatile than the stock market. While it can experience fluctuations, it doesn’t suffer from the dramatic daily swings that often characterize stock prices. It’s a stable, secure asset that can weather economic storms more effectively.
Why Now Is the Time to Act! With stock prices tumbling, there’s a window of opportunity to diversify your portfolio and protect your wealth by transferring funds from the stock market into real estate. If you’re considering diversifying your investments, now is the time to take action before the market’s unpredictability leads to even greater losses.
Additionally, with current interest rates still relatively low in comparison to historical standards, it could be an ideal time to secure financing for real estate investments before rates rise even further.
Your Path to Diversification! If you’re unsure where to start with real estate investments, we’re here to guide you through the process. Whether you’re interested in residential, commercial, or rental properties, we can help you make informed decisions and find opportunities that align with your financial goals.
Protect your wealth and grow your assets in the face of the stock market downturn. Real estate remains one of the most reliable and rewarding forms of investment, and now is the time to act. Don’t wait for further market declines—let us help you make the transition to more secure, profitable investments. If you’re ready to make the move from the stock market into real estate, or if you simply want to discuss your options, please don’t hesitate to reach out.
Take control of your financial future. Move your money to safer ground today.
Thinking about making a move? Let’s talk. Whether you’re buying, selling, or just curious, we’re here when you’re ready.
We just completed our fall market report with the latest real estate numbers, and I thought I’d share them with you! As always, if you have any questions, please don’t hesitate to reach out and I’d be glad to help! Hope all is well!
The real estate landscape is changing, and staying informed is more important than ever. Recent legal actions have reshaped how real estate agents are compensated, bringing new dynamics to the way home buyers and sellers navigate the market.
In a landmark decision, a federal jury found that the National Association of Realtors (NAR) and several major brokerages conspired to keep commissions high. As a result, real estate agent compensations for both the buyer and seller are undergoing significant changes.
One of the most notable shifts is that home sellers are no longer automatically responsible for paying both their and the buyer’s agent. Now, buyers may need to negotiate and pay their agents directly. Also, buyers will no longer be able to view homes for sale with an agent, without first signing a buyers’ agency agreement. These changes are nationwide, with EVERY brokerage firm, and not optional.
As your dedicated agent, I’m here to help you understand these updates and explore the best strategies for your unique situation. Whether you have questions about agent compensation changes or want to discuss your options about how to buy or sell a home within the confines of the new requirements, I’m just a call or email away. Together, we can ensure your next real estate move is informed and successful.
As we embrace the vibrant summer season, I’m excited to share our Summer Market Report for the local real estate market. This comprehensive report is now available and offers valuable insights into the current trends, recent sales, and statistics shaping our local real estate landscape.
Whether you’re considering buying, selling, or simply staying informed about the market, this report is designed to provide you with the knowledge you need to make informed decisions. It highlights the resilience and dynamic nature of our market, showing how Western Washington continues to be a sought-after area for homeowners and investors alike.
Included in the report are detailed analyses of key areas, including King, Snohomish, Pierce, and Chelan Counties, providing a closer look at how different communities are performing. You’ll find information on the latest price trends, inventory levels, and what these mean for you as a buyer or seller in today’s market.
We understand the importance of staying informed and are here to provide you with all the resources you need to navigate the real estate world with confidence. Please feel free to reach out to me if you have any questions about the report or if you need advice tailored to your specific real estate goals.
Thank you for allowing us to be your trusted partner in your real estate journey. We look forward to helping you achieve your dreams, this season and beyond.
I just completed the Summer market report with the latest real estate numbers, and I thought I’d share them with you! As always, if you have any questions, please don’t hesitate to reach out and I’d be glad to help! Hope all is well!
Update on Median Days on Market in Our Communities:
As we continue to monitor the local real estate market, we wanted to provide you with an update on the trend we previously discussed. In the past month, most areas in our market have continued to experience a slight increase in the Median Days on Market, although typically by just one or two days.
The Median Days on Market metric remains a critical factor in understanding the pace of home sales. The ongoing increase suggests that homes are taking slightly longer to sell before finding interested buyers in our area.
For sellers, this reinforces the importance of employing strategic pricing strategies, implementing effective marketing techniques, and making their homes stand out in a competitive market. Working with experienced professionals who understand the evolving buyer preferences can significantly enhance the chances of a successful sale.
On the other hand, buyers can still benefit from this increased Median Days on Market. The additional time allows for a more thorough exploration of available properties, increased negotiating leverage, and the opportunity to conduct comprehensive due diligence before committing to a purchase.
At MSIR, we remain committed to staying informed about the local market trends. Our team’s expertise and dedication empower us to guide both buyers and sellers through these changing dynamics, ensuring that their decisions are well-informed and aligned with their goals.
If you have any questions or would like personalized insights into the current market conditions, feel free to reach out to us. We’re here to assist you every step of the way.
Over the past few years, the communities in our area have experienced consistently high list-to-sale price ratios, often surpassing 100%. This meant that properties were frequently selling for more than their listed prices. However, in recent times, there has been a noticeable shift in the market as list-to-sale price ratios are now trending towards 100% or slightly lower, even dropping to around 90% in certain areas.
This suggests a potential slowdown or stabilization in the real estate market, where sellers are no longer able to command prices significantly higher than their initial listings. In summary, the area has transitioned from a period of exceeding list prices to one where properties are selling closer to their listed values, indicating a possible shift in market dynamics.
Considering this and other aspects of our fluctuating market, it is more important than ever to work with a trusted real estate broker with demonstrated skill, knowledge, and experience. With all of those qualifications and the backing of the only truly global real estate network, nothing compares to Marketplace SIR agents to best represent your investment.
I would love to help you discover what’s next for your real estate journey, please feel free to reach out to me any time!
