8legs: Lake chelan, usa

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Washington Sees A Surge In Multimillion-dollar Listings Post-income Tax Proposal

Eastern Washington luxury real estate shows heightened listings as a proposed tax targets high earners.
Experts warn the data is early and caution is needed in assessing market impact.
The trend spans well-known luxury hubs like Roslyn, Cle Elum, Suncadia, Lake Chelan and Manson.
Wealthy buyers are increasingly viewing Eastern Washington as a primary residence option.
The legislative question remains whether the 'Millionaire’s Tax' will be enacted or blocked by courts or voters.
Eastern Washington markets remain attractive for their scenery and recreational access despite tax concerns.
Many deals are tied to the broader shift in where the wealthy choose to reside in Washington.
High-end markets have historically drawn Seattle tech employers, fueling demand in Eastern Washington.
Real estate players expect continued activity as luxury buyers weigh residency choices amid tax talks.

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