Marin January 2021 Overview

 

January 2021 Report 

 

2020 was unfamiliar territory with the global pandemic, shelter in place, mass unemployment, terrible financial hardships for many residents and small businesses, empty office buildings, fires, an anxious presidential election, interest rates drop to historic low.

Yet...IPO mania breaks out again, stock markets reach new highs, vaccines begin to arrive – and, after an initial crash in activity, the real estate market went into hyper-drive, with median home sales prices hitting new peaks. The luxury home market in particular was extremely strong. 

 

2020: a year of social, political, economic and environmental extremes. Let us give thanks to those who worked so hard and sometimes risked their lives to help others. 

 

The analyses in this review were designed to be self-explanatory, but please don't hesitate to contact me directly with any questions.