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Akil Walker's Blog

By Akil Walker | Agent in Bowie, MD
  • Montgomery County Sales Report

    Posted Under: Market Conditions in Montgomery County, Home Buying in Montgomery County, Home Selling in Montgomery County  |  January 9, 2013 6:31 PM  |  376 views  |  No comments
    Below is December 2012 Montgomery County Sales Report from local data. DOM stands for Days on Market

    Montgomery County, MD Avg. List  $    Median List $     DOM

    Single Family under $1M

    $567,993

    $549,950

    146

    Single Family over $1M

    $1,991,215

    $1,510,000

    167

    Condo/Townhome under $600K

    $277,395

    $259,000

    96

    Condo/Townhome over $600K

    $1,087,041

    $849,000

    85


    If you are looking to buy, sell, rent homes in Maryland, Montgomery County and Prince George's County and/or Washington, DC. Visit and get a FREE MARKET ANALYSIS visit  Mont. Co Homes for Sale for all your real estate needs from renting, to buying your 1st home, selling, investment properties. Short Sales, Foreclosures, Standard Sales, Pre-foreclosures resource click here Adelphi, Md Homes for Sale Your service and your satisfaction are 1st!














    www.akilsellshomes.com

























  • Montgomery County Inventory Report


    Inventory

    Apr 2012  Apr 2011 % Change

    Active Listings

    2,750 3,481 -21.00%

    New Listings

    1,461 1,734 -15.74%

    New Under Contracts

    459 461 -0.43%

    New Contingents

    793 702 12.96%

    New Pendings

    1,252 1,163 7.65%

    All Pendings

    2,518 2,120 18.77%


    For more information on your neighborhood and local markets visit Bowie Home Sales for your home selling and buying needs!
  • Kensington Heights a DR Horton New Development

    Posted Under: General Area in Kensington, Home Buying in Kensington  |  December 20, 2011 12:15 PM  |  1,220 views  |  1 comment

    DR Horton has a new development visit  10901 Hobson St. Kensington, MD 20895


    Luxury Single Family Homes in Kensington
    Ready for Immediate Move-In!

     

    Homesite #19 - The Portsmouth
    3103 Decatur Avenue
    4 Bedrooms, 4.5 Baths, over 3700 sq.ft.
    Finished LL Rec Room, Den & 
    Full Bath; Family Room Extension, Gourmet Kitchen with Granite, SS Appliances; Hardwood Floors, Gas Fireplace, Luxury Owner's Suite + More!
    Offered at $732,490

    Homesite #18 - The Easton
    3101 Decatur Avenue
    5 Bedrooms, 4.5 Baths, over 3500 sq.ft.
    Finished LL Rec Room, 5th Bedroom & 
    Full Bath; Family Room & Sunroom Extensions, Gourmet Kitchen with Granite, SS Appliances, Butler's Pantry; Hardwood Floors, Gas Fireplace, Oak Stairs + More!
    Offered at $706,310 


    Buyers can receive $15,000 towards Closing Costs!*
    (*Subject to conditions below.)

    Kensington Heights is just minutes from I-495,
    the Metro and excellent shopping & dining!

  • Come out and Support Wheaton Boys Basketball

    Posted Under: General Area in Wheaton, Parks & Recreation in Wheaton, In My Neighborhood in Wheaton  |  December 8, 2011 11:41 AM  |  1,292 views  |  No comments

    It is a new basketball season for the young men of Wheaton High School

     

     

    12/6/11    Tuesday   RM at Wheaton    Varsity @ 7pm / JV, 5:15pm

    12/9/11    Friday     Wheaton at Walt Whitman   Varsity @ 7pm / JV, 5:15pm

    12/12/11 Monday    Wheaton at Blake       Varsity @ 7pm / JV, 5:15pm

    12/14/11 Wednesday Rockville at Wheaton        Varsity @ 7pm / JV, 5:15pm

    12/19/11 Monday    Blair at Wheaton    Varsity @ 7pm / JV, 5:15pm

    12/21/11 Wednesday Wheaton at Northwood Varsity @ 7pm/ JV, 5:15pm      12/27/11    Tuesday     Kennedy at Wheaton     Sherwood Holiday Tourney @ 10am

    12/28/11 Wednesday TBA   Sherwood Holiday Tourney

    1/03/12    Tuesday    Poolesville at Wheaton Varsity @ 7pm, JV @ PO, 5:15pm

    1/06/12    Friday      Wheaton at Einstein   Varsity @ 7pm, JV @ WH, 5:15pm

    1/10/12    Tuesday    Damascus at Wheaton   Varsity @ 7pm, JV @ DA, 5:15pm

    1/13/12    Friday      Wheaton at Watkins Mill   Varsity @ 7pm, JV @ WH 5:15pm

    1/20/12    Friday      Wheaton at Rockville     Varsity @ 7pm/ JV, 5:15pm

    1/24/12    Tuesday    Wheaton at Seneca Valley    Varsity @ 7pm/ JV, 5:15pm   

    1/27/12    Friday   Northwood at Wheaton     Varsity @ 7pm, JV, 5:15pm

    1/30/12    Monday    Wheaton at Poolesville     Varsity @ 5:15pm

    2/01/12    Wednesday Einstein at Wheaton Varsity @ 5:15pm, JV @ EI 3:30pm

    2/03/12    Friday      Wheaton at Damascus   Varsity @ 5:15pm, JV @ WH 3:30pm

    2/07/12    Tuesday   Watkins Mill at Wheaton Varsity @ 5:15pm

    2/14/12    Tuesday    Wheaton at Walter Johnson  Varsity @ 5:15pm

    2/17/12    Friday      Blair at Wheaton    Varsity @ 7pm

    2/21/12    Friday      Wheaton at Kennedy     Varsity @ 7pm

     

    Principal - Kevin Lowndes   Athletic Director – Dr. Maura Ryan

    Varsity Coach – Sharief Hashim JV Coach – Marco Basso Luca

  • Housing Inventory Snapshot of the Metro Area

    Posted Under: Market Conditions in Silver Spring, Home Buying in Silver Spring, Home Selling in Silver Spring  |  May 10, 2011 9:14 AM  |  1,151 views  |  No comments

    Below is the marketing snapshot for the Washington, DC Metro area. if you are interested in reports such as this contact me at Bowie Home Sales

    I hope you will find the following snapshot of local Real Estate inventory interesting. The table represents aggregated values based on MLS data for the specified date.

    Housing Inventory Snapshot April 27, 2011
      Average List Price Median List Price Average Days On Market
    Allegany County, MD
    Single Family under $180K $106,285 $109,000 162
    Single Family over $180K $293,306 $250,000 159
    Condo/Townhome under $300K $113,725 $76,900 178
    Condo/Townhome over $300K N/A** N/A** N/A**
    Anne Arundel County, MD
    Single Family under $500K $318,380 $315,000 143
    Single Family over $500K $1,004,679 $740,000 174
    Condo/Townhome under $300K $187,976 $204,900 151
    Condo/Townhome over $300K $472,772 $385,000 130
    Baltimore County, MD
    Single Family under $500K $259,660 $242,500 140
    Single Family over $500K $920,746 $685,000 156
    Condo/Townhome under $300K $157,440 $150,000 135
    Condo/Townhome over $300K $418,770 $369,000 124
    Baltimore City, MD
    Single Family under $500K $208,501 $191,000 145
    Single Family over $500K $871,049 $699,990 164
    Condo/Townhome under $300K $115,746 $109,000 163
    Condo/Townhome over $300K $481,227 $399,900 149
    Calvert County, MD
    Single Family under $500K $317,979 $325,000 169
    Single Family over $500K $763,930 $614,900 236
    Condo/Townhome under $300K $247,018 $268,000 237
    Condo/Townhome over $300K $378,251 $339,900 287
    Caroline County, MD
    Single Family under $500K $208,676 $189,990 166
    Single Family over $500K $862,966 $675,000 292
    Condo/Townhome under $300K $114,332 $109,900 172
    Condo/Townhome over $300K N/A** N/A** N/A**
    Carroll County, MD
    Single Family under $500K $311,869 $299,900 147
    Single Family over $500K $816,441 $675,000 194
    Condo/Townhome under $300K $183,904 $184,900 155
    Condo/Townhome over $300K $343,894 $329,834 192
    Cecil County, MD
    Single Family under $500K $259,979 $249,000 169
    Single Family over $500K $972,943 $699,000 252
    Condo/Townhome under $230K $143,119 $150,000 167
    Condo/Townhome over $230K $335,385 $267,000 203
    Charles County, MD
    Single Family under $500K $281,686 $279,900 134
    Single Family over $500K $818,635 $650,000 193
    Condo/Townhome under $300K $154,028 $150,000 176
    Condo/Townhome over $300K $324,718 $309,000 186
    Dorchester County, MD
    Single Family under $500K $190,615 $169,000 282
    Single Family over $500K $1,184,113 $795,000 247
    Condo/Townhome under $200K $108,118 $99,900 236
    Condo/Townhome over $200K $288,085 $259,000 261
    Frederick County, MD
    Single Family under $500K $294,768 $299,000 160
    Single Family over $500K $739,242 $624,900 171
    Condo/Townhome under $300K $185,950 $185,000 110
    Condo/Townhome over $300K $385,080 $358,890 84
    Garrett County, MD
    Single Family under $500K $259,054 $234,900 253
    Single Family over $500K $828,104 $748,800 353
    Condo/Townhome under $300K $44,525 $3,500 190
    Condo/Townhome over $300K $430,743 $365,000 486
    Harford County, MD
    Single Family under $500K $309,679 $305,000 145
    Single Family over $500K $738,419 $618,500 202
    Condo/Townhome under $300K $185,714 $189,500 128
    Condo/Townhome over $300K $419,895 $389,900 126
    Howard County, MD
    Single Family under $500K $364,384 $370,000 120
    Single Family over $500K $828,319 $700,000 135
    Condo/Townhome under $300K $212,943 $224,900 121
    Condo/Townhome over $300K $392,408 $369,900 79
    Kent County, MD
    Single Family under $500K $246,101 $235,000 286
    Single Family over $500K $1,409,288 $875,000 281
    Condo/Townhome under $300K $186,569 $175,000 355
    Condo/Townhome over $300K $763,394 $629,000 197
    Montgomery County, MD
    Single Family under $1M $529,260 $488,990 87
    Single Family over $1M $1,944,609 $1,550,000 110
    Condo/Townhome under $600K $251,209 $239,900 107
    Condo/Townhome over $600K $916,726 $739,900 72
    Prince Georges County, MD
    Single Family under $500K $227,826 $210,000 140
    Single Family over $500K $715,918 $638,995 175
    Condo/Townhome under $300K $138,216 $135,000 141
    Condo/Townhome over $300K $418,662 $375,000 136
    Queen Annes County, MD
    Single Family under $500K $301,618 $299,900 205
    Single Family over $500K $1,379,841 $899,900 229
    Condo/Townhome under $300K $217,661 $209,900 225
    Condo/Townhome over $300K $550,723 $419,000 171
    Saint Marys County, MD
    Single Family under $500K $309,801 $309,900 153
    Single Family over $500K $844,650 $649,000 213
    Condo/Townhome under $190K $135,607 $139,900 175
    Condo/Townhome over $190K $255,905 $219,990 200
    Talbot County, MD
    Single Family under $500K $282,857 $284,900 209
    Single Family over $500K $1,784,221 $1,075,000 303
    Condo/Townhome under $300K $192,804 $215,000 223
    Condo/Townhome over $300K $479,161 $495,000 217
    Washington County, MD
    Single Family under $500K $217,468 $199,900 189
    Single Family over $500K $963,523 $659,000 216
    Condo/Townhome under $190K $122,302 $124,900 176
    Condo/Townhome over $190K $257,151 $225,000 278
    Worcester County, MD
    Single Family under $500K $291,866 $239,500 183
    Single Family over $500K $1,383,035 $899,999 293
    Condo/Townhome under $300K $235,804 $244,900 208
    Condo/Townhome over $300K $418,261 $369,900 204
    Arlington County, VA
    Single Family under $1M $695,953 $685,000 72
    Single Family over $1M $1,539,799 $1,399,000 87
    Condo/Townhome under $600K $356,128 $347,900 65
    Condo/Townhome over $600K $1,026,578 $799,900 113
    Fairfax County, VA
    Single Family under $1M $616,310 $594,750 75
    Single Family over $1M $2,046,301 $1,589,900 147
    Condo/Townhome under $600K $325,004 $319,900 69
    Condo/Townhome over $600K $753,938 $699,900 53
    Alexandria City, VA
    Single Family under $1M $651,347 $649,900 75
    Single Family over $1M $1,632,341 $1,300,000 147
    Condo/Townhome under $600K $354,007 $340,000 72
    Condo/Townhome over $600K $1,040,190 $799,000 92

    If you know someone who is considering buying or selling a home, please give me a call. I will provide professional & courteous service along with knowledgeable guidance through the process.
     
  • Mortgage Ratees rates increase slightly

    Posted Under: Market Conditions in Silver Spring, Home Buying in Silver Spring  |  March 24, 2011 2:35 PM  |  944 views  |  No comments
    Mortgage rates increase slightly for buyers. This an article from housing wire.com's  Kerri Panchuk


     Mortgage rates rose this week on inflationary and geopolitical concerns, Freddie Mac said in its latest Primary Mortgage Market Survey.

    The 30-year, fixed-rate mortgage increased to 4.81% for the week ending March 24 from 4.76% last week. That's still lower than the 4.99% recorded a year ago. Meanwhile, the 15-year, fixed-rate mortgage hit 4.04%, compared to 3.97% a week earlier and 4.34% a year ago.

    Freddie said the five-year, Treasury-indexed hybrid mortgage rate averaged 3.62%, up from 3.57% seven days prior and down from 4.14% last year. In addition, the one-year ARM climbed to 3.21% in the most recent survey, up from 3.17% last week.

    Frank Nothaft, Freddie Mac vice president and chief economist, outlined some of the inflationary pressures that buoyed mortgage rates.

    "The 12-month growth rate in the consumer price index rose 2.1% in February, compared to 1.6% in January; however, most of the increase was due to food and energy prices, which tend to be volatile. The core index rose 1.1%, slightly up from 1% in January," he said.

    Bankrate also released mortgage rate data Thursday, showing the 30-year FRM now sits at 4.96%, up from 4.91% a week earlier. The 15-year FRM inched up to 4.16% from 4.12%, and the 5/1 ARM rate hit 3.78%, up from 3.74%.

    "Mortgage rates increased, but only slightly, as investors digest world events and assess the potential impact on global economic recovery," Bankrate said. "The outlook for economic growth, inflation, and a desire to avoid market volatility are the key drivers of bond yields and mortgage rates on a day-to-day basis. Mortgage rates are closely related to yields on long-term government bonds."

    .



  • Come Support Wheaton Basketball

    Posted Under: General Area in Wheaton, Parks & Recreation in Wheaton, In My Neighborhood in Wheaton  |  February 28, 2011 7:58 AM  |  914 views  |  No comments

    Get Ready for some great high school basketball tonight!!!

    After a 14 - 6 regular season and receiveing the 2A West Region's 4th seed, the Wheaton Knights will be hosting thier first playoff game in six years! 
    The 2A West quarterfinal game will be tonight at Wheaton High School 7pm.  Come out and support!

    http://www.youtube.com/watch?feature=player_embedded&v=Lut_j9DXTqc
 
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