THE SPARK IN LUXURY SPEC HOMES
Until 2020, the luxury spec home market in the Phoenix area was standing still. Then real estate changed, the world changed. The pandemic transformed the way we design homes, build and live in them.
When professionals started abandoning dense work spaces and working at home –– a lifestyle change many of us might have chosen as soon as the internet made office presence not universally necessary –– they wanted additional amenities such as dual offices and more sophisticated work-out rooms and spas. Why not incorporate multiple services into the live/work space if your home is going to be used more?
Then the cost of money dropped for the well-credited, and income for many considerably improved. Executives found working at home beneficial: You don’t have to duel with traffic, and pajamas or work-out clothes, rather than business suits, allowed comfort and productivity at the same time.
The luxury home market expanded, in particular for spec homes, which began to appear on high-quality properties before willing and
