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...]
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...]
September 2019 Luxury Market
The Ocean City luxury market continues to thrive. But the face of luxury is changing. Potential homeowners are increasingly concerned with amenities and value adding benefits over the bottom dollar. Instead of giant properties, clients search for the experience of their new home. The millennials are entering the housing market in droves, soon to overtake the baby boomers. Due to the increased focus on eco friendly products and the shift toward value over size, the luxury market is … [Read more...]
Resort Style Living in North Ocean City
11700 Coastal Hwy #2204, Ocean City, MD 21842 | $600,000 3Bedrooms | 2 Baths | 1,382 sq. ft. The fun family friendly lifestyle of North Ocean City is the perfect place for year-round living or to create the ideal beach vacation home. The north end of town is the perfect place to relax after a long day at work or to escape to from the busy race of the city. North Ocean City remains an untapped paradise minutes from the hustle and bustle. Whether you want excitement or to relax in solitude, … [Read more...]
July 2019 Luxury Market Report
The summer is in full swing in Ocean City. And the real estate luxury market is heating up with the July temperatures. The sweet siren call of salty breezes and crashing waves lures those suffering in the oppressive heat of the surrounding cities. Now is the perfect time to find your perfect vacation oasis in a secondary home. To further assist you with planning your strategy and to effectively positioning your home, I compiled a summary luxury market report of Worcester County’s current … [Read more...]
Luxury Boutique Living in Ocean City
1 125th Street #403 | $1,675,000 | 4 Beds 3 1/2 Baths | 2,870 sq. ft. In addition to nice beaches to play on, North Ocean City offers a wide variety of fun with pristine beaches, quiet small-town feel, and proximity to the excitement. North OC remains an untapped paradise minutes from the hustle and bustle. Whether you want excitement or to relax in solitude, your ideal beach home awaits you. The Shark Finn oceanfront condominium is the most impressive luxury low-rise boutique … [Read more...]
March 2019 Luxury Market Report
Falling asleep to the sound of waves and breathing in the calming salty air is easily attainable. Ocean City, Maryland continues to be a buyer’s market into Spring. It is prime time to purchase your dream year-round home or vacation get a way. As a “Local” agent and expert in the local 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. I continue to offer a great, new … [Read more...]
West Ocean City Home Steeped in Local History
10009 Silver Point Lane, Ocean City, MD 21842 | $450,000.00 3 beds 2 baths 2,227 sq. ft. | 1,030 sq. ft. workshop/retail store This West Ocean City home is the perfect location for the combination of work and fun. Located minutes from the beach, you have access to surf and sand. The nightlife is around the corner with restaurants and paradise. But remains secluded for the grind of daily life. This area allows the best of both worlds. This small hub has evolved into a growing town. Close by … [Read more...]
January 2019 Luxury Market Report
Ocean City, Maryland is one of the most sought-after locations and home prices have started to rise. It is an opportune time to be a seller. I receive calls every day from colleagues asking if I know anyone at the beach who wants to sell. Due to high demand, I wanted to reach out to you in case you or someone you know is interested in selling. I have also introduced a great, new service for the Ocean City market. It will help you keep track of your current home value and sales … [Read more...]
Luxurious Bay View Living in Ocean City
10604 Point Lookout Rd, Ocean City, MD 21842 | $1,499,000.00 6 beds 5 baths 5,344 sq. ft. From providing recreation to reducing stress hormones, water is a natural mood booster: research shows that people need just as much blue space for peak psychological health. Oceans offer respite and a place to cut loose for anyone needing a bit of a breather. Whether your pastime is water sports or beach lounging, there are many perks that make the coastal lifestyle worth pursuing. Living in a … [Read more...]