Spotlight

Market Update | Jan 22

Jon Granston | January 22, 2025

Filtering through this weeks headlines...

Top Headlines: Delivered by Advisory | Leonard Steinberg

January 22, 2025

1. Housing shows early signs of renewed momentum.

There were 1.18 million homes available for sale at the end of December — down 18% from November — while the median home price edged up 0.4% year over year to $405,400. Full-year existing home sales held steady at 4.06 million, matching 2024 levels. Notably, December posted the strongest seasonally adjusted sales pace in nearly three years, suggesting buyer confidence may be quietly rebuilding.

(CNBC)

2."The future often improves quietly before it ever looks dramatic."

3. A major generational wealth transfer is underway.

Gen X and Millennials are projected to inherit $4.6 trillion in global real estate over the next decade — including $2.39 trillion in the U.S. This shift is expected to meaningfully influence housing demand, design preferences, and lifestyle-driven ownership patterns.

(Altrata / Cerulli)

4. Color returns to the home.

After years of restrained neutrals, colored bath fixtures — from soft pastels to nostalgic tones — are reemerging as homeowners lean into warmth, personality, and expressive interiors.

(FT)

5. The next era of urban mobility arrives.

A new generation of electric motorbikes and scooters is entering the market with longer range, rapid charging, and elevated design — pointing toward quieter streets, cleaner cities, and a more livable urban experience.

6. Little While

Little While is a thoughtfully crafted coffee and pastry destination in San Diego’s North Park. Born from the team behind beloved local favorites like Pop Pie Co. and Stella Jean’s, Little While celebrates the little moments that make a day meaningful — slow mornings, great coffee, and pastries designed to spark connection and joy. The café offers a full espresso bar, pourovers, seasonal drinks, and globally inspired pastries in a warm, intentional space meant for lingering and reflection. Don’t miss the kadak chai — bold, deeply spiced, and beautifully balanced — the kind of drink that turns a quick stop into a small ritual.