There has been much speculation, as well as anticipation, about COVID-19’s effect on the luxury real estate market. Those invested in this marketplace have been eagerly awaiting our April figures and statistics to assess the current situation. In early April, some real estate experts projected a 30-40% decrease in inventory and, with the vast majority of the US and Canada receiving ‘stay at home’ orders, it seemed that the number of sales would drop significantly. However, it seems instead … [Read more...]
April 2020 Luxury Market in Review
Ocean City and the world is currently undergoing an unprecedented time. The Eastern Shore is experiencing the effects on both human life and the economy as businesses are forced to temporarily close. Typically, during the April review, I examine how the first quarter compares to the end of 2019. And indeed, the luxury market overall reported a strong start to the year. Throughout the beginning of the pandemic, properties were still being bought and sold at an increasing rate at the end of … [Read more...]
Ocean City Restaurants Open for Carryout and Delivery
These are stressful and confusing times. As the repercussions of the coronavirus are causing shutdowns of area restaurants, theaters, gyms and bars, it is inspirational to see the community come together to take care of each other. I have compiled a list of local restaurants that are offering take out and/or delivery. Please take a moment to support our local businesses whenever possible. Restaurants Available for Carryout/Delivery Berlin The Atlantic Hotel 410.641.3589 | 2 … [Read more...]
February 2020 Luxury Market In Review
In this month’s review we take a look at the “How Will the Wealthy Fare in 2020?” This an exclusive report recently published by Wealth-X, a world leader in wealth information and insights. Understanding the impacts that affect the wealthy is obviously critical to luxury real estate as they shape the spending power and ultimately the decisions of the affluent. The report may surprise some due to it’s prediction that 2020 will be “a year of solid expansion for the world’s wealthiest … [Read more...]
Ocean Pines Golf – Best Greens on the Eastern Shore
Ocean Pines is a vibrant community with over 9 miles of waterfront property on 3,000 acres of wooded areas, with amenities throughout the community including a beachfront property located 5 miles in Ocean City and on the Atlantic Ocean. As a premier resort community, Ocean Pines excels with amenities, including an exceptional Robert Trent Jones, Sr. Championship Golf Course. Ocean Pines Golf Club 410.641.6057 |100 Clubhouse Drive, Ocean Pines, MD 21811 Originally names Seabright, … [Read more...]
January 2020 Luxury Market In Review
Ocean City’s pristine beaches are the perfect location for your next vacation home. With the increased influx of residents during the warmer months, OC is home to predominantly secondary homes or investment properties. Many homeowners are now diversifying their wealth, owning several properties rather than a single mega mansion. Many towns, similar to Ocean City, who focus on tourism and recreation, report increasing sales. Young families are looking for more than just a quick break, but … [Read more...]
Winter Fun in Ocean City
Winter is a quieter time in Ocean City. Without the hustle and bustle of the summer, the community slows down and comes together. I compiled a list of fun activities throughout the area for you and your family. Winter Fun Dine Local Enjoy a romantic dinner with your special someone or a night out with the family. Many local restaurants are open during the winter and offer delicious specials throughout the week. Downtown Ocean City 32 Palm (Hilton Hotel) | 32ndSt. & Oceanfront … [Read more...]
2019 Ocean City Luxury Market in Review
2019 Started off as a buyer’s market with a 0% Sales Ratio for Single Family Luxury Market and 7% Sales Ratio for Attached Luxury Market. While the Attached Luxury Market has remained a 13% Sales Ratio, the Single-Family Home Luxury Market has evolved into a balanced market. A balanced market means there is an equal amount of homes available to the current number of buyers in Worcester County. For local single-family homes, the year started with the most active price bands of … [Read more...]
November 2019 Luxury Market In Review
As a 'Local' agent and expert in the luxury market, I provide all-inclusive concierge services, assisting you with all your buying and selling needs. I am steadfastly available to ensure your happiness and satisfaction. Through all stages of buying or selling your property and beyond, I am dedicated to bringing you the best of Ocean City and the surrounding areas. I provide all-inclusive concierge services, assisting you with all your needs. I am steadfastly available to ensure your happiness … [Read more...]
Thanksgiving in Ocean City
Thanksgiving is a beautiful time of year in Ocean City. The official season has ended and the second season has kicked into high gear. Our beach town has slowed down and twinkles with Christmas lights and cheer. Thanksgiving is one of our favorite holidays filled with giving thanks, spending time with loved ones, and feasting. There are several options for your Thanksgiving Day feast. For those of you going out to eat, there are plenty of local options, ranging from buffet style to sit down … [Read more...]
