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The city of Bowie, MD has a population of over 50,000 residents spread out over an area of approximately 16 square miles. Two middle schools, Benjamine Tasker and Sam Ogle feed into the Bowie High School. Bowie has a median household income of $99,105, based on a 2007 estimate of census data.

Bowie, MD currently has 530 Active listings in the Multiple Listing Service (MLS). Of these, 87 are foreclosures, or bank owned properties.

Bowie has one of the highest foreclosure rates in the area. From January 1, 2010 to August 31, 2010, 702 homes were sold in all of the Bowie zip codes. 250 of these were foreclosures, or bank owned properties. 35% of all homes sold in Bowie, MD since the beginning of the year have been foreclosures. Crofton, MD, an adjacent town had a foreclosure rate of about 7.5%.

There is no question that Bowie, MD has been severly affected by the housing downturn and the sale of distressed properties.

Foreclosed properties can be a bargain. All are listed with a real estate brokerage and considered bank owned after the foreclosure process is complete. There are only minor differences in buying a foreclosed property compared to a normal resale.

The map below lists the first twenty Bowie, MD foreclosures as of today, September 6, 2010. Click on any of the icons and bring up a detailed list of all Bowie, MD foreclosures.

If you are looking to purchase a foreclosed home in Bowie, MD, or the surrounding area, I can help.

Bowie MD Foreclosures by Category - March 7, 2010

Bowie MD is one of the cities in this area that has been hit hardest by foreclosures and short sales. The inventory is slowly being reduced but there are still 62 active listing foreclosures in Bowie, MD. You can view these 62 foreclosures by clicking the link here.

Pre-foreclosure and Auction activity seems to have stabilized in the past few months.

If you're interested in seeing any Bowie, MD foreclosures, or any other listing in Bowie, I can help.

Richard Iarossi, REALTOR®
Long and Foster® Real Estate, Inc.
Crofton, MD 21114

410-451-6255 Office
443-995-9595 Cell
Web: http://www.RichSellsHomes.com
eMail: Rich@RichSellsHomes.com

Annapolis MD Real Estate Specialist
Bowie MD Real Estate Specialist
Crofton MD Real Estate Specialist

©2009 - RichSellsHomes, All Rights Reserved

Davidsonville, Gambrills, Severna Park MD Foreclosures by Category - March 7, 2010
Zip Codes 21035, 21054, 21146

Foreclosures, while not many in these communities, can occur in some of the most expensive zip codes in MD. You can view these three foreclosures by clicking the link here.

Pre-foreclosure and Auction activity has seen an increase in the past few months.

If you're interested in seeing any Davidsonville, Gambrills, or Severna Park, MD foreclosures, or any other listing in these communities, I can help.

Richard Iarossi, REALTOR®
Long and Foster® Real Estate, Inc.
Crofton, MD 21114

410-451-6255 Office
443-995-9595 Cell
Web: http://www.RichSellsHomes.com
eMail: Rich@RichSellsHomes.com

Annapolis MD Real Estate Specialist
Bowie MD Real Estate Specialist
Crofton MD Real Estate Specialist

©2009 - RichSellsHomes, All Rights Reserved

Severn MD Foreclosures by Category - March 7, 2010
Zip Code 21144

Foreclosures in Severn, MD, like many other communities, tend to hit hardest in the lower price ranges. As you can see from the table below, there are only nine Active foreclosures in Severn, MD today. You can view these three foreclosures by clicking the link here.

Pre-foreclosure and Auction activity has seen an increase in the past few months.

If you're interested in seeing any Severn, MD foreclosure, or any listing in Severn, MD, I can help.

Richard Iarossi, REALTOR®
Long and Foster® Real Estate, Inc.
Crofton, MD 21114

410-451-6255 Office
443-995-9595 Cell
Web: http://www.RichSellsHomes.com
eMail: Rich@RichSellsHomes.com

Annapolis MD Real Estate Specialist
Bowie MD Real Estate Specialist
Severn MD Real Estate Specialist

©2009 - RichSellsHomes, All Rights Reserved