Wednesday, January 25, 2012

Mega Square Footage on the Mainland

Goldcoast Sotheby's International Realty is now offering two spectacular single family homes for sale on the mainland.


411 Rockbridge Court - http://www.goldcoastsir.com/sales/detail/472 For more information, call listing agent, John Dean, at 609.399.2500.
25 Emerald Drive - http://www.goldcoastsir.com/sales/detail/471 For more information, call The Wilkins Team at 609.399.2500.

Beautiful January Weather

Warm temperatures, a whale washing a shore and beautiful sunsets pack the boardwalk this week.  For up to date news on the whale visit:
http://oceancity.patch.com/articles/ocean-city-hauling-away-whale-carcass-in-pieces#photo-8963177



Wednesday, January 11, 2012

Realtors Optimistic about 2012

http://www.shorenewstoday.com/snt/news/index.php/ocean-city-business/20028-realtors-optimistic-about-market-for-2012.html
Written by Ann Richardson Wednesday, 11 January 2012
Ocean City Gazette

At Goldcoast Sotheby’s International Realty, broker and owner Burt Wilkins said he, too, is optimistic.
“It really picked up at the end of 2011,” he said. “A lot of people came out of the woodwork to look at houses. Our listings were shown a lot over the holidays. It was very, very busy; much more so than the past few years.
“Consumer confidence is up and interest rates are down, things are looking good,” he said.
Prices, he said, remain flat.
“Overall, the average price year-to-year, 2010 to 2011, is identical,” he said. “Personally, I’m encouraged. Everyone I talk to, car dealers, people in construction, people on the street, everyone had a good December and they’re feeling more confident.”
Goldcoast, he said, was up about 40 percent for 2011.
“We did extremely well,” he said.
The first eight months were gangbusters, the hurricane shut the island down and the fall was a bust, he said.
“But we finished with some really good activity. We had a busy summer and December, a usually slow time, was busy."
“I think people are tired of being in a negative economy,” he said. “Human nature is generally more positive than negative, and people are tired of being complacent. The hurricane really let the air out of the balloon. People went home, sort of like after 9/11. We had a month there where everyone was in shock, and a lot of our Pennsylvania clients had damage at home, flooding and so forth to deal with. We’re looking forward to a good year.”

Beautiful Second Floor 4 Bedroom, 2 Bath Listed for Sale

The Wilkins Team just listed a gorgeous and spacious second floor, four bedroom, two bath condominium situated on one of Ocean City’s nicest and quietest residential streets. Enjoy the covered porch, large open living area, fully equipped kitchen with maple cabinets and four nice-sized bedrooms. This immaculate home features a separate over-sized one car garage and plenty of off street parking, an enclosed outside shower and more. This home shows “like new” and has never been rented. The finest Gold Coast beaches are just a walk away. The seller is motivated.  Call Burt or Emily Wilkins for more details at 609.399.2500.  http://www.goldcoastsir.com/sales/detail/462

Tuesday, November 22, 2011

Holiday Week in Ocean City

Here’s something to be thankful for this holiday week – the weather. Ocean City is fortunate to be in a temperate zone. Yes, last winter was an exception. Although snow, wind and cold prevailed, there were still magical moments with snowflakes sparkling in the bright sun. This past October presented us with some of the best weather on earth! The sky was that blue you see only once a year, the sun was warm, and it was an ideal time to stroll the beach or boardwalk, have a run or a bike ride around our great town. Thanksgiving week 2011 is calling for a mixed bag of clouds and showers with the sun breaking out on the Holiday itself. Predictions for Black Friday are even better, with warmer temps and sunnier skies. For all the nay-sayers out there who complain about the two or three days of recent rain, or the clouds and cold winds, I say to them “Look at the snow in Minnesota and count your weather blessings this Thanksgiving!”

Thursday, November 17, 2011

Ocean City Market Update - November 2011

The 2011 Ocean City Real Estate Market has been much stronger. Ocean City properties sold and settled through October 31st this year in Ocean City are up 20.3% over the same period last year, while the average price per property of $566,918 is up 1.9% over 2010. Total volume of real estate sold and settled for the 10 months ending October 31st, 2011 was over $352 million while in the same period of 2010 only $287 million of real estate sold and settled; an increase of 22% year over year.

The MILLION DOLLAR and above real estate market in Ocean City real estate has also improved with 51 Ocean City properties sold over $1 million through October 31st, 2011; a total volume of over $82,000,000. During the same period in 2010, 36 properties sold for over $1 million with a total volume of just over $60 million.

Currently interest rates remain near all time lows and prices though generally stable are still very attractive. It remains a BUYER'S market and if you want to catch a great time to buy, normally some of the best values are landed between mid November and the end of December. It always seems that once we reach the New Year, owners start thinking about their upcoming summer and frequently are less willing to negotiate and part with their beach home.


If you're interested in buying, selling or renting, please contact us at Goldcoast Sotheby's International Realty. We welcome the opportunity to be of service.

Sincerely,

Burton F. Wilkins
Broker/Owner

Tuesday, November 15, 2011

1308 Pleasure Avenue - Broker's Open House

Stop by a Broker's Open House at 1308 Pleasure Avenue in Ocean City, NJ tomorrow for lunch from 12 to 2pm.  This open bay front home is designer furnished with many upgrades. Sponsered by The Wilkins Team, The Tile Company of Jersey and Goldcoast Sotheby's International Realty. 1308 Pleasure Ave. - Broker Open