MEF Economic Brief October 1, 2020
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Posts Tagged ‘news’
Marin August unemployment drops to 7 percent
Marin County’s unemployment rate in August dropped below record levels for the first time since the coronavirus pandemic began.
Marin’s unemployment rate was 7% in August, down from 9% in July but still up significantly from 2.4% recorded in August 2019, according to the California Employment Development Department. The total number of employed residents in Marin grew by 1,400 jobs from 121,800 in July to 123,200 in August.
“It’s usually a month where we don’t see much change,” said Jorge Villalobos, a research specialist with the California Employment Development Department.
CEO Mike Blakeley participates in Commonwealth Club Panel on Marin Economic Recovery
MEF Economic Brief September 2, 2020
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DON’T FORGET – MEF Briefing, Sept. 2, 2020
Register in advance for this webinar: https://SonomaState.zoom.us/webinar/register/WN_a_d3ZW4CT9OOA10vMi753Q
MEF Economic Update for Newmark, July 31, 2020
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Marin Recovers: Panel discussion with the Commonwealth Club of California featuring CEO Mike Blakeley
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MEF CEO Mike Blakeley Gives Update on Marin Economy and Recovery
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Marin real estate market shakes off coronavirus slump
The median price for detached homes in Marin County rose 5.3% in June over the prior year, marking the first solid gain since the coronavirus arrested the market.
The price — $1.45 million — was based on 254 sales last month, exactly even with the sales volume in June 2019. That reversed the steep declines in year-over-year sales volume for May and April.
In the condo and townhome market in Marin, the median price reached $730,000 last month, a gain of 7.5% over the prior June. Sales fell from 57 to 51.
