Q: What should homeowners know about today’s market—post pandemic?
A: We remain in a robust market in most areas of the DMV. If 2020 meant going at 90mph in a 35mph zone, we are now doing 70-75, with many listings still getting multiple offers. Property values are based on a moment in time—keeping up with current inventory and sales is critical to pricing correctly in an escalating market.
Major factors are driving this busy market: Baby boomers are active and working, many preferring to stay in single-family homes rather than downsize. Millennials have more buying power due to low interest rates. Focus has shifted for many from “walk to Metro” to “home offices” and “more space.” Move-up buyers have outgrown their first home. Building starts are lower due to lack of lot inventory and the rise in cost of materials and labor. It’s basic economics: Supply and Demand!
Q: What makes your client experience unique?
A: We prefer to let our latest client review speak for us:
“If anyone asks for the best real estate agent in the area, there is no doubt it is the Banner Team. Expertise, professionalism, and caring are the hallmarks of working with them. No one is in their league. Head and shoulders above the so-called “top” agents…Someone was there to hold our hands even when we did not know we needed any handholding. All the work that they did paid big dividends….5+ stars every day of the week.”
Named the #1 Medium-Sized Team in Maryland and #60 Medium-Sized Team Nationally by the year’s 2021 RealTrends Ranking; 2021 Bethesda Magazine Top Producer and 2021 Washingtonian Best Real Estate Team, The Banner Team is consistently highly rated, having sold more than $1.5 billion, and offers A Team Behind Every Transaction.