Alaric Gothic

Just a plain old boring community like about 95% of Harford County,stay away from Edgewood and Route 40 area in southern Harford county and everywhere else is petty decent. - Thu Mar 5 2009, 14:02

I old enough to remember the last boom and bust in Ocean City,Md (mid 80's thur 1992 or so) and you have to be patient like others have said.The prices will bottom out and stay that way for many years ,it took to the year 2000 for some people who bought in the last boom to break even.The rents in Ocean City are what to watch and this year should be when they start to fall abit.The Ocean City market is not as interest rate sensative as a normal non-vacation community is.You should be able to geat a 700-1,000 sq. condo in a good location for about $200 -$225 a square foot in a couple of years,once the true extent of the overbuilding and buyers who thought of these homes as investements have to sell.This is agood 2 or 3 years away.You willnot miss the boat if you want and will be sorry if you buy now.The goverement will do very littlre in the way of keeping the prices up in places like ocean City,Maryland. - Fri Feb 6 2009, 13:37

Hey Ricardo a few things to throw at you.One in Maryland the forecloures went from a 15 day process to a 150 day process and alot of people who needed to sell their homes were given a time out about 7 months ago.Now a new built-up wave of forecloures is hitting the market and prices will fall soon.Two just save a search on this web site on the Bel Air market and watch the total listings a spike will becoming soon.We have a had the coldest winter in many years here so the market will see the "spring flood" a little later than the past few years.If it stays cold mid-march should be the peak activity.Last year alot of homes were put on the market in early febuary but it was warm.Thrid ,don't fall for this BRAC CRAP r.e. agents are pushing.There are penlty of homes here for sale and alot of the "bracies" want new homes because when you move from one area to another that you are not familiar with alot of people want to move into new homes. - Mon Feb 2 2009, 14:40