Great information. The other real estate TH-camrs I follow are in Florida. Interesting as inventory explodes in most areas. Very different dynamic than OC, People fleeing increasing Taxes, insurance and condo fees. I would be interested in seeing new construction spec home inventory. Probably not going to affect the market that much as there is no vacant land and the speculator has to buy an existing home to knock down. I see some sitting now at $2 million +. But Ocean City continues to amaze me. Just when I see something like a new condos on the boardwalk for $4 million and I say they'll never sell them, someone buys them. All 4 sold. Thanks for the informative video.
Great information. The other real estate TH-camrs I follow are in Florida. Interesting as inventory explodes in most areas. Very different dynamic than OC, People fleeing increasing Taxes, insurance and condo fees. I would be interested in seeing new construction spec home inventory. Probably not going to affect the market that much as there is no vacant land and the speculator has to buy an existing home to knock down. I see some sitting now at $2 million +.
But Ocean City continues to amaze me. Just when I see something like a new condos on the boardwalk for $4 million and I say they'll never sell them, someone buys them. All 4 sold. Thanks for the informative video.