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Buyer's Market in Ocean Pines, MD

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Managing Real Estate Broker with Berkshire Hathaway HomeServices PenFed Realty MREC# 528882

Ocean Pines Market Update

Well now that 2008 is finally over, I thought I would update my Blog to show the sales trends in Ocean Pines since 1995. 

 

As you can see there have been a lot of home sold over the years and as expected 2008 had the lowest amount sold.  Our current inventory shows 244 single family homes on the market and prices have returned to more affordable levels. 

This is great news for first-time buyers entering the market place.  With interest rates at historic lows and the current $7500 first time buyer federal tax credit, we should all be encouraging anyone we know that qualifies to take advantage of this once in a lifetime opportunity.  Many of you out there have children that can now afford the dream of homeownership. 

If you need more information about purchasing a home or any other real estate related question, please feel free to give me a call at 410-726-4260.  I will be happy to talk with you.  Visit my website where you will find FREE Buyer and Seller Tips at www.sharoncurtiss.com.

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When you are ready to begin your home search in the Ocean City, MD area, feel free to call Sharon A. Curtiss, Associate Broker/Sales Manager with Hileman Real Estate, Inc. at c/p: 410-726-4260 or Office: 410-208-9200.

You can also visit my website at www.oc4shore.com to view other Buyer and Seller reports. I will happy to provide you with a free list of foreclosure properties in the area.

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