ANDY PAGANO REALTOR® | RE/MAX Success
RE/MAX Success 10244 River Road Potomac, MD 20854
Direct: 240.506.6990 Office: 240.252.5833
CLOPPER’S MILL WEST
Homes@AndyPagano.com www.AndyPagano.com www.CloppersMillWestHomes.com
www.CloppersMillWestHomes.com
Each Office Independently Owned and Operated.
April 2021 Real Estate Market Report Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | ©2021
WHY EXPERTS BELIEVE WE ARE NOT FACING A REAL ESTATE BUBBLE With home prices increasing, interest rates remaining at record lows, and demand skyrocketing, the same question seems to be on everyone’s mind; are we in a real estate bubble? Experts and Realtors agree the answer is no.
Johnathan and Angela-Marie, With such a unique market, it’s important to work with a Realtor who understands not only the current market trends, but your community
Better Regulations on Loans Unlike the Great Recession’s collapse, home loans are no longer funded via low-doc/no-doc loans by borrowers lacking qualifications.
Equity is Growing Quickly 2020 saw an increase of 11%, and this year is on track for another 6% growth. People can sell or refinance and banks still come out ahead.
Supply is Still Much Lower than Demand Lack of supply has been a factor for over a decade and has only increased in the last year, creating massive shortages and dramatically increased prices.
Permanently Working From Home COVID-19 has shown that many jobs can be performed remotely, so buyers are moving to areas that better suit their lifestyles.
Next Generation Influence Over 50% of young adults live with their parents. It’s only a matter of time before these individuals are looking for their first home.
Builders Can’t Keep Up Some home builders have reported a ten-month waiting time for construction, while others are using a lottery system.
as well. Let me go to work for you and help achieve your real estate goals. Call me today at 240.506.6990 for a free consultation!
When a bubble pops, nothing remains – this is opposite of the current market. Demand is fueling the increase in pricing, rather than low-qualified buyers obtaining loans.
PRESENTED BY ANDY PAGANO Your Clopper’s Mill West Real Estate Specialist
PREPARED ESPECIALLY FOR
Johnathan and Angela-Marie Williams