I am pleased to share the Sotheby’s International Realty® brand’s 2025 Mid-Year Luxury Outlook℠ report – a strategic guide to navigating today’s luxury real estate landscape. In times of market fluctuation, those who possess market intelligence often gain the decisive edge. The Sotheby’s International Realty brand’s 2025 Mid-Year Luxury Outlook report examines the key drivers shaping global luxury markets, from shifting interest rates and evolving trade dynamics to changing homebuyer preferences. The report delivers nuanced insight into financing options for high-net-worth individuals, explores natural disasters’ impact on property values and migration patterns and identifies five emerging and re-emerging luxury markets positioned for growth. With this exclusive compilation of research and professional insights, our goal is to empower you with the intelligence to help you make informed real estate decisions for the remainder of 2025. After all, informed decisions create distinctive advantages.
The Sotheby’s International Realty brand’s 2025 Mid-Year Luxury Outlook report delivers valuable intelligence designed to empower strategic moves in today’s luxury marketplace. I welcome the opportunity to discuss how these insights might apply to your specific real estate goals. As always, I’m here to answer any questions you may have about the local market or to connect you with a Sotheby’s International Realty real estate professional anywhere across the country—or around the world.
This May:Signature Spaces This month, uncover homes that reflect the unique passions of their owners. Dive into a bold architectural style making a comeback, learn how an architect is crafting homes designed for happiness, immerse yourself in the world of sports memorabilia, and tour the ultimate residences for golf enthusiasts.
Brutalism Is Back: Designing Homes with Drama This powerful architectural style is inspiring a new generation of luxury buyers and contemporary builds. Tour Brutalist Homes
How Architect Suchi Reddy Creates Happy Homes Her designs are based on feelings and science, with a mission to foster well-being. Explore Homes Designed for Joy
The 2025 Luxury Outlook℠ Report Explore how global migrations, branded residencesand changes in wealth are shaping the luxury real estate market. Browse the Latest Trends
Collecting Focus: Sports Memorabilia From a court-worn NBA jersey to signed soccer boots, the market for big-event mementos is reaching new heights. Get the Details
The Ultimate Homes for Golf Lovers Enthusiasts are elevating their homes—and their game—with luxe on-site golfing features that allow them to practice in privacy. Visit Homes for Golf Lovers
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.
Helping my dear client find her dream home in beautiful Florida was truly a heartwarming journey! From the very first conversation, I could feel how much this move meant to her—and I was all in. We laughed through showings, celebrated the little wins, and stayed hopeful through the challenges. Hearing her light up when she walked into the one was everything. Now she’s living her dream, and I’m just so honored to have been a part of it. Cheers to new beginnings and sunny days ahead!
Sotheby’s International Realty: Your Global Connection to Exceptional Homes and Lifestyles
At Sotheby’s International Realty, we understand that finding the perfect property isn’t just about a location—it’s about the life you envision. Whether you’re looking for a tranquil retreat in the rolling hills of Tuscany, a chic apartment in the heart of Paris, or a luxurious beachfront home in the Caribbean, our global network is designed to help you navigate the world of luxury real estate wherever you wish to be.
Global Reach, Personalized Service
With an unparalleled global presence, Sotheby’s International Realty connects you with the best properties, no matter where you are in the world. From New York City to Dubai, London to Sydney, and everywhere in between, we offer a portfolio of exceptional properties that spans continents. As a member of this esteemed network, I have the privilege of leveraging these resources to assist you in both buying and selling real estate across the globe.
Whether you’re searching for your dream home, a vacation property, or an investment opportunity, I work closely with a team of highly specialized professionals from around the world to ensure you receive expert guidance and access to exclusive listings. Through our connections and innovative digital platforms, your property search transcends geographic boundaries.
Transformative Experiences, Tailored to You
Sotheby’s International Realty is built on centuries of tradition, and that tradition is reflected in our unwavering commitment to excellence. However, we also understand that luxury real estate is about more than just tradition; it’s about innovation, convenience, and providing a service that is as exceptional as the homes we represent. My role is to make sure that the entire process, whether buying or selling, is seamless, personalized, and tailored to your unique goals. From navigating international markets to providing insider knowledge on local trends, I offer a level of expertise and insight that ensures every transaction aligns with your personal vision. Whether you’re moving across the globe or simply seeking a second home in an exotic location, I am here to guide you through each step, utilizing the expansive resources of Sotheby’s International Realty.
The One for an Exceptional Home and Life
Sotheby’s International Realty isn’t just about finding a property; it’s about helping you live an exceptional life. Our network of agents is dedicated to delivering transformative experiences that exceed expectations. With local expertise, global reach, and an unwavering focus on delivering excellence, we are the one for those seeking an exceptional home and life. Whether buying, selling, or simply exploring options, I invite you to reach out. Together, we can explore the world of possibilities and make your dreams of owning an extraordinary property a reality. Sotheby’s International Realty—the one for an exceptional home and life.
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
This month, uncover groundbreaking innovations in architecture and design that are reshaping our experience of home. Explore a building trend rooted in environmental respect, indulge in the luxury of branded residences, see how designers are elevating home viewing into state-of-the-art cinema experiences, and visit iconic residences crafted by women architects.
Designing a Climate-Resilient Home Today’s luxury properties can have a low environmental impact without sacrificing elevated aesthetics. Tour Climate-Resilient Homes
From Fendi to Bulgari: Living in a Luxury Branded Home The biggest names in luxury are expanding into residential developments. What’s on offer is a bespoke, luxurious lifestyle. Explore Branded Residences
The 2025 Luxury Outlook℠ Report Explore how global migrations, branded residencesand changes in wealth are shaping the luxury real estate market. Browse the Latest Trends
How to Design the Perfect Home Cinema Upgrade your viewing experience with a bespoke movie theater. Get the Details
Celebrating the Towering Talents of Women Architects In a world of high-rise living, women architects have pioneered a bold new era of vertical design and luxury. Visit Landmark Towers
Welcome to this stunning Spanish Colonial home nestled in the historic Encanto/Palmcroft neighborhood. Originally built as one of the Palmcroft model homes by Heard Development, this 1929 gem exudes timeless charm and architectural allure. Step into the grand formal living room adorned with high ceilings, hand-stenciled beams, and elegant wood floors. The room is bathed in natural light streaming through 9-foot picture windows and French doors, accentuated by original wrought iron light fixtures. Adjacent, discover a spacious formal dining room and a sunlit breakfast room, both boasting original built-in china cabinets. Retreat to the expansive master suite, complete with a wall of built-in bookcases, a generous walk-in closet, and two sets of French doors that open to the enchanting yard. Outside, find tranquility in the private backyard surrounded by lush, mature landscaping and a sparkling pool, perfect for relaxation and entertainment. Additionally, a detached guest house, approximately 600 square feet, offers versatile space for guests or a home office. Don’t miss the opportunity to own a piece of history with this captivating residence! For buyer peace of mind, all the major upgrades completed – electrical, plumbing, pool equipment, AC tune-ups, roof, etc.
Perfectly placed in the sought-after La Place neighborhood of Paradise Valley, this stunning Estate was built by Luxury, Award-winning Builder, Gary Gietz. A gracious 9,224 sq. ft. with 5 bedrooms, all en-suite, 8 bathrooms, gym, wine cellar, office, media room, and library! This elegant brick home boasts quality timeless finishes throughout. Distinctive features include a two-story foyer w/ a crystal Chandelier from Madam Rene’s of Paris, custom wood doors & an Andalusian farmhouse kitchen w/ a butcher block island & multiple coffered ceilings. The Primary bedroom is downstairs & is your luxury, spa-like with a spacious sitting room, wet bar, his-and-her baths, two showers (one steam), and 3 walk-in closets. The lovely resort backyard is perfectly manicured with mountain views and is perfect for entertaining your guests in style. The new irrigation & all copper lighting, a new wine cooling system, a new roof in 2023 + more improvements & updates, complete this glorious home.