Credit to: Coastal Point, Kerin Magil

Fenwick Island police are calling attention to a recent attempt to fraudulently sell property in the town.

According to a press release from Police Chief Michael Morrissey, the department received a complaint on Friday, Aug. 16, alleging identify theft and fraud regarding the attempted sale of an empty lot on West Maryland Avenue near the southern end of Fenwick Island.

According to the report, an unidentified subject contacted a local real estate agent and identified himself as the owner of the property, listed as 12 West Maryland Avenue.

“He signed a sales agreement in the name of the real owner and obtained a fake identity card in the owner’s name. The real estate agent received an offer on the

During this time of the year, we like to calculate absorption rates in order to understand whether we are trending in the direction of a buyer’s or seller’s market. We compare the pace of sales over the previous 12 months to determine how many Months Supply of Inventory is for sale.

Generally, a balanced market would have 7 months of inventory while more would be a buyer’s market and less a seller’s market. At this time, both single family and condo/townhome property types in Bayside continues to be well under a balanced market, staying in a seller’s market due to good buyer activity.   While condo/townhome inventory is growing, it remains a seller’s market for all property types in Bayside!

If you would like to discuss the market in more detail