Northern Nevada’s white-hot real estate market has led to an uptick in people getting their contractors and real estate licenses.
It’s a stark turn from a decade ago, when the real estate and construction industries were still suffering under the yoke of the Great Recession, and home sales and new residential and commercial construction were stagnant.
According to the Nevada State Contractors Board, there were 966 general engineering, building and specialty trade licenses issued in fiscal year 2011-2012. By way of comparison, there were 1,484 licenses issued in fiscal year 2020-2021, a 53% increase.
The numbers are similar for licensed real estate agents, the Nevada Real Estate Division reports. In summer of 2011, there were 1,761 licensed salespersons in Washoe County.