How will luxury sales trends change this year?

The 2021 Luxury Trends report has arrived and what a year it was. The luxury real estate buying boom, which started in 2020, grew frantic in 2021. In both years, luxury buyers headed to less populated areas to escape pandemic fears and restrictions and gain some much needed space while spending a lot of their time at home. 

Read on for all of the latest details!

What's Ahead for Luxury Sales:

• Low standing inventory which will continue to increase (or maintain) prices
• New construction for luxury homes will be hampered by supply chain issues, rising cost of materials, and labor shortages
• Most, but not all, luxury buyers will want a move-in ready home with little to no remodeling or updating

The United States Tennis Association (USTA) has announced that Team USA will play at the Reno Events Center for the 2022 Davis Cup qualifier against Colombia. The competition will take place March 4 – 5 and be the very first Davis Cup match in Reno as well as the first in Nevada since 1995. In fact, the only time that the competition has taken place in the Silver State was when the U.S. and Sweden played at Caesar’s Palace in Las Vegas 17 years ago.

A Davis Cup event is an international showcase of some of the world’s best tennis players and is viewed as the World Cup of men’s tennis. The competition is the largest international team play in world sport with almost 150 nations participating every year. The upcoming qualifier is a best-of-five match

Thinking of relocating to Reno-Tahoe? We don’t blame you. Northern Nevada is arguably one of the best places to stake your claim in the great 50 states. As one of the fastest growing states in the nation, Nevada has so much to offer and we compiled a list of our favorite fun facts to know about the Reno-Tahoe region.

1) Research your neighborhoods. Whatever you’re in the market for, Reno-Tahoe has it all when it comes to living options. Enjoy the hustle and bustle of city life? Or perhaps looking for a quiet refuge in the forest? Each neighborhood in the area holds its unique charms.

2) Traffic doesn’t (mostly) exist. Rush hour in Northern Nevada mostly revolves around ski or beach traffic after an epic powder day or one of many cloudless summer

There’s a chill (and a new woodsy aroma) in the air, the leaves are changing, the supermarket is packed with pumpkin spice-flavored products, and Halloween decorations are popping up everywhere. That's right: Fall is in full force. So why not make the most of that perfect temperate weather and the festive spirit? There's no shortage of fun fall activities to try—both indoors and outdoors. We have all of our favorite September and October events listed below. We hope you enjoy welcoming the turn of a new season with a little festive fall fun!

Great Italian Festival

The Great Italian Festival transforms downtown Reno into Little Italy with a grape stomp, an Italian farmers market, food booths and incredible free, live entertainment all weekend

Investing in property is one of the most lucrative endeavors you can delve into if you do it right. Tax rules abound for investors when it comes to selling off property, but there is a popular tool to help maximize profits and avoid capital gains tax. A 1031 exchange can do just that is one of the best bets for building foundational real estate wealth.

What is a 1031 exchange?

A 1031 exchange gets its name from Section 1031 of the U.S. Internal Revenue Code, which allows an investor to avoid paying capital gains taxes on the sale of an investment property, as long the proceeds are reinvested within certain time limits in a property or properties of equal or greater value. In short, it’s a tax-deferring transaction that can be used in just about

Where in the world can you soak up phenomenal alpine views and enjoy renowned outdoor recreation in all four seasons? Why, Incline Village of course!

Snow enthusiasts know that we are in the best part of winter and this has spurred an interest in the Incline Village real estate market. With the changes from the pandemic at top of mind, people are looking to switch from urban living to the expansiveness of the Sierra Nevada landscape.

An influx of buyers coupled with quickly moving inventory makes Incline Village real estate a hot market for both sellers and buyers alike—even when temperatures drop. In December 2020, 92 single-family homes and condos were available on the market—a 48.6% decrease year over year. So, it’s no surprise that the available

Prepared to be impressed with this home’s luxury upgrades and designer finishes. The Gourmet Kitchen is a work of art with its Sub-Zero wine fridge and built-in refrigerator, Monogram 6-Burner range with grill, pot filler, copper apron sink, and inventive cabinet organization. The granite slab counters are remarkable, with their unique custom roped edging, and the matching granite slab backsplash complements the kitchen’s upscale aesthetic.

The interior Atrium is the heart of the home and is accessible from the Living Room, Formal Dining Room, and Great Room. The wood-burning fireplace in the Atrium makes for perfect protected outdoor entertaining.

There are three Ensuite Bedrooms, plus a 4th bedroom (currently used as an office) and a

Looking for a place in Reno-Tahoe to celebrate America’s birthday? Here are some patriotic ideas!

1) 4th of July with the Reno Phil  

Photo credit: Artown and Reno Phil Orchestra

The Reno Phil Orchestra and Chorus will perform patriotic and classical favorites at Wingfield Park in Downtown Reno. Conducted by Laura Jackson, this family friendly performance will begin at 7:30pm and will end with a fantastic firework finale. This event is free to the community.

300 W. 1st Street

Reno, NV 89503

2) 4th Annual Star Spangled Sparks Fireworks Spectacular at the Nugget Casino Resort

Photo credit: Nugget Casino Resort

Festivities include the largest fireworks show in Northern Nevada, live music, food and beverage vendors, arts

Introducing 6705 De Chardin Lane!

This beautiful single-story Montrêux home resides on a quiet cul-de-sac on the 2nd Fairway. It showcases spectacular views of the famed Jack Nicklaus Signature Championship Course, Mt. Rose, and the Sierras.

The lot size is a generous .88 acre. It features an innovative and masterful landscape renovation that includes recirculation streams, built-in BBQ, expanded patio and paver driveway, over 50 new trees, all-natural rock, and three extraordinary fire pits.

The interior is just as impressive with warm and distinct custom upgrades at every turn. This 4,331 square foot home offers a Great Room Concept with a smartly designed floorplan, with the Master Bedroom privately located on one wing of the home, and

The former Park Lane Mall site hasn’t seen any action in many years, however developers just revealed the plans for the property.

Park Lane is a 46-acre, master-planned development located on a busy corridor, close to MidTown. The site at Plumb Lane and Virginia Street will soon become a development that is pedestrian-friendly, with live-work and multi-use spaces, a 170-room hotel and a food hall called The Market Hall. The site has already undergone preparation, including replacement of aging sewer lines, for 18 months so that it could be ready for construction.

“For the past year, together with Lyon Living, we’ve been working toward raising the bar on our design and bringing to life our vision of a new lifestyle in Reno,” said Chip Bowlby,