Asked by Russ, Rockville, MD • Mon Mar 2, 2009
I have been monitoring the Ocean City market for a few weeks now as it seems the prices are coming down near where I would like to be for my vacation home. I am looking to buy a small townhouse/condo (appr 800sq ft) on the bay for under $175K, ideally in the middle of town. I do not have any must haves and am flexible about being on the bay...but would like something that does not need a ton of work and has a reasonable Condo/HOA fee. Any suggestions on specific developments I should be looking at? Is this a realistic price target?
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