Dear Clients and Friends,
Happy New Year!! Hopefully, our country will settle down quickly and health and peace will prevail to heal our great nation.
As for 2020, inspite all of this: pandemic, shelter in place, mass unemployment, terrible financial hardships for many residents and small businesses, new ways of working, office buildings empty out, people move, dreadful fires, an anxious presidential election, interest rates drop to historic low, 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… truly stunning sales growth.
2020: A year of extremes.
The analyses in this review are designed to be self-explanatory, but please don’t hesitate to contact me with any questions.