Founder and owner of Synergy Sotheby’s International Realty, Gene Northup, prides himself on recognizing upcoming trends within the luxury real estate market. One, in particular, caught his attention early last year.
It’s been quite a 12 months for new Las Vegas homebuilder Taylor Morrison and by the end of 2021 the Arizona-based company said it will be more aggressive and expand its footprint in the valley.
Last week, Coldwell Banker Premier Realty celebrated an incredible year of production, topping $1 billion in sales volume in 2020, at its Annual Awards Celebration. Its top recognition of the year, the Marilyn Squitieri Award, was given to honoree Diane Varney , a native Las Vegan and real estate professional since 2004.
North Las Vegas tripled new home sales during the last two years and emerged as the No. 1 market in 2020, surpassing the southwest valley, which had been the dominant player in Southern Nevada for years along with former No. 2 Henderson.
Last week, Coldwell Banker Premier Realty celebrated an incredible year of production, topping $1 billion in sales volume in 2020, at its Annual Awards Celebration. Its top recognition of the year, the Marilyn Squitieri Award, was given to honoree Diane Varney , a native Las Vegan and real estate professional since 2004.
The desire for new luxury homes during the COVID-19 pandemic hit record levels in 2020 and shows no signs of slowing in 2021 given the acquisition of custom lots by the likes of Las Vegas Raiders owner Mark Davis and a builder willing to construct a $12 million mansion in Southern Highlands on spec.
A recent Las Vegas Realtors report shows the local housing market started 2021 with home prices still rising and the housing supply still shrinking.
“We’ve seen a heightened awareness of spending time at home driving a desire for a higher-quality living experience,” said Blue Heron Design Director Logan Zigeler. “Buyers are looking for more functionality and purpose to each home space.”
Kevin Sigstad, a former president of the statewide Nevada Realtors and the Reno/Sparks Association of Realtors, has been elected to serve as a National Association of Realtors regional vice president.