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Andy Pagano - Clopper's Mill West - April 2021

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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


ANDY PAGANO

ASK ME ABOUT MY BUY/SELL PROGRAM!

REALTOR® | RE/MAX Success

Direct: 240.506.6990 Office: 240.252.5833 Homes@AndyPagano.com www.AndyPagano.com www.CloppersMillWestHomes.com

Make 2021 Your Best Year! Call me today at 240.506.6990 for more details, and find out how my exceptional listing service, marketing savvy, and negotiation expertise can work for you!

Proudly Serving Montgomery County Since 2004

Johnathan and Angela-Marie, If you would like your home featured in this publication and mailed to the Clopper’s Mill West neighborhood, please call me today at 240.506.6990.

Homes Currently Listed in Clopper’s Mill West Status

Address

Active

13338 Copper Ridge Road

Property Type

Beds

Total Baths

Estimated Finished Sq. Ft.*

List Price

Detached

5

5.0

3,700

$715,000

There are No Homes Currently Pending in Clopper’s Mill West. For more information on any listing, give me a call at 240.506.6990.

Homes Sold in Clopper’s Mill West in the Past 6 Months Property Type

Beds

Total Baths

Estimated Finished Sq. Ft.*

17826 Cricket Hill Drive

Detached

6

5.1

4,700

$850,000

$828,000

02/22/21

Sold

13345 Copper Ridge Road

Detached

6

3.1

2,500

$650,000

$645,000

11/27/20

Sold

17807 Marble Hill Place

Detached

4

3.1

2,400

$584,900

$595,000

10/30/20

Sold

17707 Smokewood Drive

Townhouse

4

3.1

1,700

$440,000

$435,000

11/18/20

Status

Address

Sold

List Price

Sold Price

Sold Date

Andy Pagano and RE/MAX Success are not in any way affiliated with Clopper’s Mill West Home Owners Association, nor is this in any way an official advertisement or publication of Clopper’s Mill West. © 2021 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the BrightMLS between September 16th, 2020 and March 16th, 2021. Listings and sales may not be those of RE/MAX Success. The BrightMLS does not guarantee the accuracy of this data, which may not reflect all the real estate activity in the area. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. *Estimated Square Feet rounded down to nearest hundred.

THIS IS HOW I CAN HELP YOU

DURING A SELLER’S MARKET! FIND YOUR NEW HOME

EXPERT NEGOTIATIONS

Is your current home too big or too small? I have a network of available homes ready to show you, so can get you into your next dream home while we are in the process of selling your current home.

With multiple offer situations, I specialize in looking through all offers to help you determine the most fair and appropriate offer to accept to get your home sold for top-dollar and negotiating the sale of your next home!

FACILITATE REPAIRS

RELATIONSHIP AND LIFESTYLE CHANGES

Some homes are sold because it may be more affordable to sell than to repair. Moving for maintenance may not make sense in all cases, so I have trusted contractors and repair personnel that will get the job done.

Merging two households, children leaving for college, job relocation, or retirement are all reasons to consider selling your home. I will go through all of the fine print and take care of all the stressful details of your sale.

Johnathan and Angela-Marie, If you are thinking of selling, now is the time. Let me take care of all of the details and take the stress out of your sale and make you the best return for your investment. Call me today at 240.506.6990 to see how I can help you each step of the way!


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