East Bay Real Estate Market Review & Forecast for 2021
What happened in 2020? And what does 2021 have in store?
2020 was an unprecedented year. We had nationwide protests, an election, wildfires across multiple continents, not to mention a global pandemic that profoundly affected the way we live our lives. Through it all, real estate prices remained resilient, increasing 8% year over year. Changing buyer priorities and low-interest rates lead to record high demand for single-family homes in the East Bay that continues to this day. Watch our latest YouTube video to find out what happened in the Berkeley, Oakland, Albany, and El Cerrito real estate markets in 2020 and hear my predictions for what 2021 might look like.
Always feel free to reach out if you have questions on the real estate market or are ready to take the first steps to sell or buy your next home!