2019/2020 Market Report

Realogics Sotheby’s International Realty proudly presents its annual summary of the Real Estate Market in Western Washington. Each year, this report reflects on how the news events of the past year could economically impact the home buying and selling process. It also offers key insights from nine counties and 37 communities around the Puget Sound, providing an in-depth analysis of data, information, factors in trends, news, and events that make an impact on our local housing market.

Dive in to this thorough review and please contact me if you have any questions!

Request a print copy here.

Issuu is a digital publishing platform that makes it simple to publish magazines, catalogs, newspapers, books, and more online. Easily share your publications and get them in front of Issuu's millions of monthly readers.

Unique Somerset Custom Home, Listed by Lili Shang & Lisa Woolverton, Winds its Way onto Curbed Seattle

According to Sean Keeley from Curbed Seattle, “Unique Custom Somerset Home,” listed by Lili Shang and Lisa Woolverton, “Has Curves In All The Right Places.” Beginning with the wrap-around windows boasting “clear views from the hilltop out to Lake Washington where the Seattle skyline looms in the distance,” Keeley notes a number of “curves” throughout the home; from the “coved stain glass window in the bathroom” and “curled shower class” to the “custom counter that practically loops around the entire kitchen” and “spiral cherry & maple staircase leading up into a central atrium full of indoor trees,” the home is truly impressive.

Keeley makes an excellent point, as the home flawlessly fuses indoor and outdoor spaces, offering spectacular views and abundant natural light, using exotic woods and natural materials, and featuring a waterfall and indoor trees. So we can definitely see why Keeley says that “this 5,200 sf home doesn’t corner the market, it curves, meanders and weaves through it.”

More Information About Unique Custom Somerset Home >>>

What Do the Wealthy Want? Real Estate Of Course!

In a recent article on Think Advisor, "Global Wealthy Want More Real Estate," Michael S. Fischer breaks down the latest Savills/Wealth Briefing survey, which reveals that "private bankers and wealth managers found that 91% of global high-net-worth [HNW] investors were looking to increase or maintain the real estate holdings they own directly, and 87% intended to increase or maintain indirect holdings."

Some key statistics, indicated by the chart below, show that 72% of wealth managers' clients plan to purchase residential properties in the next five years and that "North America was the choice investment destination of investors."

Harriet Davies, who wrote a statement for the survey, said "demand for property is not only being driven by low interest rates," which are bound to increase in the current climate, but "structural shifts mean that real estate is likely to grow in importance for HNW investors." Thus "it is crucial that advisors understand the evolving role of real estate in portfolios," and for the real estate industry to embrace these market trends.

Upcoming Real Estate Salon, May 28!

I would like to cordially invite you all to my next Real Estate Salon on May 28th at the Realogics Sotheby's Kirkland office. 

My previous event was a hit; To attend my next one, I kindly ask that you RSVP first. Luxury vendors, media and fellow friends will be present, so be sure to bring your business cards! Hors d'oeuvres and wine will be served accompanied by live music and great conversation.

Be sure to visit InvestWithLili.com in order to RSVP and learn more

Art & Home Magazine, March 2015

The Sotheby’s International Realty brand and Sotheby’s Auction House recently entered into a literary collaboration, publishing a new magazine Sotheby’s Magazine/Art & Home.

This new larger format magazine enriches readers with sophisticated content related to the art and real estate world, featuring properties from around the globe, upcoming auctions and articles on various lifestyle topics. With a distribution of over 50,000, the printed magazine is sent to top auction clients, all 70 Sotheby’s offices around the world, and distributed at high profile auction events in New York City, London, Los Angeles and Hong Kong.

Read the most recent edition of Art & Home here.