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February 11, 2012
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Bowie, Maryland

Reported by Leon Hasnain, Graduate Realtor Institute, REALTOR

Updated January 16, 2012.

Current Market Rating: 2




1
2
3
4
5
Buyer's

Seller's

Current Price Trend: 2




1
2
3
4
5
Falling

Rising

Happy 2012 to all, and congratulations to those that have capitalized on this unique real estate market, and we hope to make this a reality for many others and your family in 2012!

30-year fixed mortgage rates are averaging 4% & 15-year fixed are at 3.25%. Additionally, this remains an especially strong buying opportunity for the "first time homebuyer", the "move-up" buyer, and the "real estate investors." The "Home Affordability Index remains at 60 year bests (lows)! Please call us to discuss any of these or other real estate matters.

Meanwhile, well maintained and well priced homes sell in a reasonable timeframe; and we've personally had listings with multiple offers!

This is an especially strong buying opportunity for;

(1) "First time homebuyers"
(2) "Move-up" buyers
(3) "Real estate investors"

Sellers using a full service Realtor with a comprehensive marketing plan, properly staged home, and properly priced are also having the most success. We've personally had recent listings with multiple offer scenarios! The winning combination of low interest rates, reasonable price appreciation, and moderate job growth will continue to fuel the home sales market. The BRAC (Base Re-Alignment Commission) will and have added thousands of positions in our area which will further stimulate our real estate market.

Don't miss out on homeownership benefits which include, homeownership tax benefits, the build-up of home equity, real estate appreciation, and the other home ownership benefits any longer. Now that prices are coming back down to earth, and interest rates are so good -- it is a great time to buy.

Call / e-mail us for the most competitive and favorable daily interest rate quotes at 301-466-1002 / LeonH@mris.com, or visit us at www.LeonHasnain.com for top-notch professional real estate representation regardless if you are selling or buying. We look forward in orchestrating all of your real estate transactions.

Have a great day!

Paula & Leon Hasnain, "CRS"
Certified Residential Specialist
Graduate Realtor Institute "GRI"
"Your Lifelong Real Estate Consultants"
RE/MAX Advantage Realty

PS. Only 4% of the realtors nationwide have earned the prestigious Certified Residential Specialist designation based upon our experience, additional education & testing, and volume of sales!

ZIP Codes: 20715, 20716, 20720, 20721

Approximate Location Boundaries: Crofton to the East & North, Laurel to the West & Upper Marlboro to the South

Location Characteristics: Bowie has become one of the more sought after areas in the state of Maryland for many good reasons. Bowie is a commuter's paradise as it is conveniently situated between Washington, D.C., Annapolis, and Baltimore.

Bowie now boasts some of the highest priced residential real estate in Prince George's County. There has been considerable growth of beautiful residential communities, and business parks.

Bowie now consists of gleaming new shopping centers, diverse places of worship, medical facilities, restaurants along with the historic "Old Bowie".

For More Information:

View Market Conditions of other areas served by Leon Hasnain

Navigate: Top > Maryland > Bowie

About Leon Hasnain:
Leon & Paula Hasnain, CRS, GRI, Realtors
Certified Residential Specialist
"Your LifeLong Realtors"
Professionalism + Integrity + Experience = Your Results

Enabling You & Your Family to meet all Your Real Estate Needs in a Stress-Free & Hassle-Free Environment!

I currently hold the following professional real estate designations:

CRS - Certified Residential Specialist
GRI -Graduate Realtor Institute
Realtor

Professional Affiliations:

1. National Association of REALTORS
2. Maryland Association of REALTORS
3. Anne Arundel County Association of REALTORS

Professional Military Affiliations:

1. Maryland National Guard Officers Association
2. National Guard Association of America

Education:

BS from University of Maryland - College Park, MD 1983
Stephen Covey Leadership Graduate
Air National Guard Commanders School Graduate
U.S. Air Force Air Command & Staff Graduate
U.S. Air Force Squadron Officers School Graduate
Academy of Military Science Graduate
U.S. Air Force Flight Training


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: 3.87%
15 Year Fixed: 3.16%
1 Year Adj: 2.78%
(U.S. Weekly Averages)

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