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January 8, 2009


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  CONDITIONS™
By Local Real Estate Experts  

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > Maryland > Bowie


Market Conditions Summary for Bowie, Maryland


Reported by

Leon Hasnain
as of 1/7/2009:
Happy 2009 & hard to believe that 30 year fixed interest rates are in the 5%'s or lower, and the Housing & Economic Recovery Act of 2008 entitles eligible buyers up to a $7,500 tax CREDIT for qualifying first time homebuyers settling on their... MORE->
About Leon Hasnain

Reported by

Yolanda Muckle
as of 1/6/2009:
Bowie is one of the most sought after cities in Prince George's County. Whether you're looking to buy or sell a single family or a townhome, you can find it in Bowie. In December, 35 homes were sold. There are 692 active listings averaging... MORE->
About Yolanda Muckle

Reported by

Christopher Richardson
as of 12/29/2008:
Bowie, MD remains consistent to the National Averages. Although an excellent location, the market is down and the number of days on the market have increase from October 2007. In October, 2008, the Average Sold price is down from $400,592 in 2007... MORE->
About Christopher Richardson

Reported by

Emcee M. Arah
as of 12/17/2008:
Bowie, a city of 16 square miles and approximately 50,000 residents. It has grown from a small railroad stop to the largest municipality in Prince George's County, and the fourth most populous city and third largest city by area in the State of... MORE->
About Emcee M. Arah

Reported by

Claire Hodgkin
as of 12/10/2008:
In Prince George's County, there were 92 less home sales in November, 2008 than in November, 2007.The median price of homes sold in the county has decreased $12,500 from November a year ago. The average sold price in November was $386,426. The... MORE->
About Claire Hodgkin

Reported by

Janelle Meredith
as of 12/7/2008:
WELCOME TO BOWIE! Bowie has entry level homes to estate homes priced well over a million dollars. Please feel free to call me for additional information. I can be reached on... MORE->

Reported by

Mike Honeycutt SE HABLA ESPANOL
as of 11/21/2008:
Bowie is a comfortable residential community ideally located between Baltimore, our Nation's Capitol, & Annapolis and is situated in a convenient, suburban setting. With its cul-de-sacs, golf courses, historic sites, many trees, community activities... MORE->
About Mike Honeycutt SE HABLA ESPANOL

Reported by

Mary Ciesielski
as of 11/17/2008:
Inventory is up, and Bowie continues to be a city where you can "get a lot of house for the money". Sellers are pricing houses quite realistically and in many cases are offering or agreeing to pay closing help. Some houses are selling in a... MORE->
About Mary Ciesielski

Reported by
New Focus Realty
as of 8/29/2008:
As Maryland rebounds from the mortgage crisis, the sellers are becoming reasonable and the buyers are starting to respond the housing bills passed by Maryland and Congress. Interest rates are good, and incentives abound.....Go to Red Zone News on... MORE->
About New Focus Realty

Reported by

Coni Otto
as of 8/17/2008:
In Bowie for the 4th Q in 2007 the average home sold in the following zip codes: 20715 = $351,800 average days on the market were 88 days and the price change from the original list price was 7.56 If you would like to know the... MORE->
About Coni Otto


Average Current Market Rating: 1.4    (10 ratings)




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Buyer's Market

Seller's Market

Average Current Price Trend: 1.8    (10 ratings)




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Falling

Rising

Navigate: Top > Maryland > Bowie


Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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Mortgage Rates
30 Year Fixed: 5.01%
15 Year Fixed: 4.62%
1 Year Adj: 4.95%
(U.S. Weekly Averages)

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