Shore Activity Update:

I am aware of 4 confirmed listings for fractional ownership homes in Ocean City (all 1/5 shares priced around $500k each), and one in Avalon (a 1/4 share). I am closely monitoring their level of acceptance to gauge demand. These properties and the developers involved are truly the first movers in the area and could be known as real pioneers a few years from now when fractionals at the shore are the preferred form of ownership.

We'll see, maybe I'll join their ranks this year......