ANDY PAGANO
RE/MAX Success 10244 River Road Potomac, MD 20854
REALTOR® | RE/MAX Success
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.
September 2020 Real Estate Market Report Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | ©2020
THIRD QUARTER
REAL ESTATE TRENDS Home Prices are Holding Up Despite the sharp downturn in the economy, bidding wars are common, as eager buyers compete for limited inventory.
Paperless Mortgage Process
Low Rates are Here to Stay
The industry has moved to a completely digital process with breathtaking speed. More loans are likely to close quickly.
Many economists expect rates to remain low and possibly trend lower. This increases buyer’s purchasing power and drives up prices.
Shopping for Homes is Viral
Virtual tours allow homes to be sold despite buyers never setting foot in the home. More Millennials are Migration to Realtors are investing Starting to Buy the Suburbs in technology. Millennials want to buy Strong buyer interest homes and are poised has shifted to suburban to jump into the market. neighborhoods. Some foresee a boom Densely populated city in home buying in the centers are reporting coming years. tepid activity.
PRESENTED BY ANDY PAGANO Your Clopper’s Mill West Real Estate Specialist
Johnathan and Angela-Marie, Now is the time to take advantage of the unique market! Call me today at 240.506.6990.
PREPARED ESPECIALLY FOR
Johnathan and Angela-Marie Williams