Ocean City Condo Auctions Set for Feb. 27, 2010
Dueling Auctions for Bahai Vista Two Auctions — Same Day, Same Time, Different Place It could only happen in Ocean City, Maryland. Beautiful new three- and four-bedroom condominiums at the Bahia Vista...
View ArticleMakai Condos Still Available
The Makai condo auction in Ocean City generated a modicum of interest this past November. Some condos were sold, and some remain available. Three months after the Makai auction, a sign in front of the...
View ArticleAntidote for Economic Denial: "The Ring of Fire"
Maryland On My Mind takes a break from our wall-to-wall winter weather coverage to ponder our economic predicament. It’s so rare that I find a graph I can actually understand. Here’s something...
View Article'Depression Amidst The Fun' — See Lost On The Shore
I want to call your attention to a very though-provoking article on the state of the Worcester County economy over at Lost On The Shore, which is one of Maryland’s best political blogs. <a...
View ArticleCondo Auctions In Ocean City, MD
Will the recent pre-spring condo auctions establish a bottom, or a floor, for condo prices in Ocean City, Maryland? I hope so, but I do not know. All 20 condos offered for sale at the Bahia Vista I and...
View ArticleEconomic Status Report, Spring 2010
In New York, the Dow-Jones closed above 11,000 today, and the Newsweek cover proclaims “America’s Back!” Maybe so. But one Ocean City businessman told me today: The recovery is affecting Wall Street,...
View ArticleLong, Hot Summer of Crisis; Summer of Work
Since when do U.S. generals give interviews to Rolling Stone? Double-dip recession? There was never any real question of that. You can see bigger storm clouds on the horizon. Of course, they could blow...
View ArticleVoters Take Heed: Japan’s Economy Is In A 20-Year Deflationary Spiral
Sobering story by Martin Fackler on the front page of The New York Times, Sunday, 10-17-2010. The headlines: Japan Goes From Dynamic to Disheartened Retrenchment Offers the West a Grim Vision of the...
View ArticleBoog’s Barbeque to be Sold at Auction
New restaurants have a notoriously short life expectancy. And it’s no secret that we’re in a difficult economy. But I figured that Boog’s Barbeque on Route 50, just outside Ocean City, MD, would be a...
View ArticleOcean City End-of-Season Status Report, 2011
More than usual, it feels like something is ending in Ocean City this September. But take this report with a caveat: Events and perceptions often appear distorted after a long summer season, to those...
View ArticleOcean City Town Elections And A New Strategic Plan
Ocean City is in the middle of a watershed town election campaign. More candidate signs all over town than I ever remember seeing before. The mayor and four council members will be elected on Tuesday,...
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