Ocean City, Maryland Condo Report

July 20, 2009 by Monica McNamara · Leave a Comment 

The Ocean City condo market is improving as reported by the Coastal Association of REALTORS Multiple Listing Service. New contracts written were up 33% in June 2009 as compared to June 2008. The year date figures reflect an overall increase of 9%. Properties that settled or closed in June 2009 were up 19.2% as compared [...]

The Ocean City Resort Market Is Hanging In There

July 13, 2009 by Monica McNamara · Leave a Comment 

There are currently 1,550 resale and new homes in Ocean City, Maryland as reported by Trulia, including 18 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. That represents only slightly higher then 1% of the inventory. As compared to many areas of the country that is extremely low. Nationwide, foreclosures were [...]