“The last few years, we’ve seen the number continually increase, but this was the first year that we’re finally beyond the economic crisis,” said George Walper, Jr., president of Spectrem Group. The ultra-wealthy are setting records, too, as households with a net worth of $5 million and above, and $25 million or more reached the highest levels ever. “Because of their levels of wealth, they increased their exposure to equities during the downturn and were making investments in real estate when the market was at the bottom,” he said.
“That’s why now they’ve benefited the most from the return in the economy.” In America, women hold a large amount of that wealth. In fact, we have more ultra-wealthy women living here in the U.S. than in any other country of the world: a total of $1.2 trillion worth of assets.a woman with a dollar in her mouth Looking at where the billionaires live in America, California accounts for 20% of them, and those numbers are growing. New York and Texas also rank high. If this blog post interests or applies to you, I invite you to have a look at my Featured Listings page.
On the other hand, if you want to sell your Napa Valley or Sonoma Valley home or estate, you might want to learn more about me before you choose a real estate professional. I can be reached at 415.516.3939 or via email at Ginger@GingerMartin.com. Also, make sure to like me on Facebook and follow me on Twitter to stay up to date on the latest news in this amazing region.