During a period marked by obstacles and immense industry change, Bennion Deville Homes rose to the challenge and excelled last year to record the best year in company history. With over 4,400 transaction sides accounting for a sales volume surpassing $2.6 billion in 2020, the desert’s leading brokerage ranks among the nation’s top real estate companies according to recent reports released by third-party industry analysis groups. For its follow-up act in 2021, the company foresees another hot market. There are already signs that this summer could be even busier than in 2020, the best summer ever for desert real estate.
According to the RealTrends 500, one of the leading independent industry ranking reports, for year-end 2020 Bennion Deville Homes ranks 116th by sales volume and 197th by sides nationally. Additionally, the recently released RIS Media Power Broker report puts Bennion Deville Homes 111th by sales volume and 189th by sides. Both of these lists include national brands and companies that operate in major metropolitan areas, adding an even more impressive layer to the numbers considering Bennion Deville Homes’ status as an independent brokerage and the modest size of the Coachella Valley compared to other markets across the nation.
“We are incredibly proud of our agents, brokers, and staff, for making 2020 the best year we have ever had in our nearly 20-year company history,” states Bob Deville, Co-Owner of Bennion Deville Homes. “Last year presented numerous challenges for many of us, so to see that we collectively adjusted our approach to business and did better than ever holds even greater significance. The tools we developed over the past 12 months to enhance the real estate experience will augment our ability to help clients long-term. We would like to thank all of our clients for trusting our real estate professionals to deliver results for them. Whether you are a previous client, currently working with one of our agents, or are considering your options, we appreciate you making Bennion Deville Homes part of your process.”
Looking ahead to 2021, the desert real estate market is experiencing a bottleneck caused by an extreme inventory shortage. However, several industry sources project that as our communities begin to open up again and relax health restrictions, there will be a surge in available homes on the market. Pushed by low inventory, home prices are reaching levels not seen in years, with many cities across the desert surpassing all-time highs from the peak of the market in the mid-2000s. Combined with still low interest rates and high demand for the desert lifestyle, homeowners who are considering a sale should act now before more inventory becomes available. If you are interested in exploring your real estate options, please connect with your local Bennion Deville Homes real estate professional for a no cost, no obligation home pricing analysis.
About Bennion Deville Homes
Founded in 2001 by real estate industry icons Bob Bennion and Bob Deville, Bennion Deville Homes is a nationally recognized independent real estate brokerage and the desert’s real estate leader. Bennion Deville Homes serves home buyers and sellers throughout Southern California in the primary markets of the Greater Palm Springs Area (Coachella Valley) and Riverside and San Bernardino counties. Coachella Valley offices include locations in Palm Springs, Rancho Mirage, Palm Desert, Indian Wells, and La Quinta. Bennion Deville Homes also has offices in Garner Valley in Riverside County and Redlands in San Bernardino County.
The Bennion Deville Homes LUXE Collection is an exclusive luxury home marketing program created to position premium properties in front of luxury homebuyers from around the world. The LUXE Collection and its esteemed group of LUXE Directors represent the finest luxury homes in Southern California, thanks in part to exclusive partnerships with Leading Real Estate Companies of the World® and Luxury Portfolio®. These key affiliations create a strong presence in print and online platforms to help high-end properties gain key exposure to an affluent international client base.
Visit our website, BDHomes.com, for the location of the Bennion Deville Homes office nearest you. Follow us on major social media platforms @BDHSoCal for the latest local and national real estate and lifestyle news. We look forward to unlocking possibilities for you.