Generally, the projects that receive the most attention are often the large projects in Ocean City.  These projects are perceived to have a significant impact; often positive and sometimes less than positive.  Large projects are praised for their potential tax benefits (property tax, room tax, food and beverage tax, …), employment generation, business opportunities, and […] The post Often Small is Beautiful in Downtown Ocean City appeared first on OceanCity.com ..read more

    There is a new way of handling weekly beach vacation rentals in Ocean City.  Gone are the days of requiring a yearly commitment from condo owners each fall.  New companies in town are offering a life time commitment, a marriage of property owners and their “rental agent”.  All stress of property ownership is […] The post CONTRASTING RENTAL MANAGEMENT STRATEGIES appeared first on OceanCity.com ..read more

  After a nearly a two-year run on sales properties, the market still leans to the sellers’ benefit.   The statistics show an increase of 2.9% in sales during the month of August 2021 when compared to the sales in August of 2020.   Further, there were less properties available for sale in Maryland in August 2021 […] The post Sale Market Affects Rental Market appeared first on OceanCity.com ..read more

  Despite the COVID19 pandemic, the sales market for Worcester County, Maryland, was amazingly hot during the summer, fall and winter in 2020.  In fact, so much so, that I, and many others, felt it was inevitable the market would turn around from a Seller’s market to a strong Buyer’s market by the fall. That […] The post 2021 PROPERTY SALES IN WORCESTER COUNTY appeared first on OceanCity.com ..read more

  Many people have a traditional sense of how a realtor can help.  You may want them to help you buy or sell your home or you may need help with a rental property.  Most believe there is a set formula for these services.   Standard, or full services, are generally accepted  as the only […] The post Realtors Can Help in a Variety of Ways appeared first on OceanCity.com ..read more

Working and learning are not the words one would typically associate with Ocean City, Maryland. However, the ongoing coronavirus pandemic is changing everything. Despite the financial impacts at all levels of the economy, this fall presents a unique opportunity for the local tourism industry. Many school districts across the region are committing to virtual learning […] The post New Normal: Working and Learning from Ocean City appeared first on OceanCity.com ..read more

  We are still in a strong seller’s market! The market continues to race toward the fall with our sales market experiencing 671 properties that closed in the last 9 weeks.  From July 4 – Sept 5, 2020.  These sold units represent a total gross sales of $216,695,672.   The following information represents a weekly […] The post SALES MARKET HOLDS FIRM IN WORCESTER COUNTY appeared first on OceanCity.com ..read more

This year has been a roller coaster for the real estate market.   The year started as usual, but the rental market made a complete turn around when the virus hit.  Things improved with the opening of the beaches and boardwalk, then fell again when a number of states began closing down a second time. With […] The post The Local Real Estate Market – Time To Sell? appeared first on OceanCity.com ..read more

Although a number of cancellations for summer reservations were seen between March and May, it seems things a beginning to level out. The public is continues to be extremely concerned and very cautious but most people are ready to be out of their house and as time has passed and the curve has flattened on […] The post Coronavirus and Beach Rental Properties appeared first on OceanCity.com ..read more

Ocean City Real Estate: Navigating The Home Buying Process Contact A Mortgage Lender The first step in purchasing property, even before starting your search, you should contact a mortgage lender.  Your real estate agent will provide a list of local lenders if you are not currently working with someone.  The lender will give you a […] The post Ocean City Real Estate: Navigating The Home Buying Process appeared first on OceanCity.com ..read more