I think that the bay bay development proposed for Wildwood that

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Wildwood - I think that the bay bay development proposed for Wildwood that will add an additional 110 units will further depress the real estate prices in Wildwood. And although it's waterfront property, the plot of land to be developed is surrounded by a "not safe" neighborhood and the homes may go unsold for a long time and further depress home prices in the long term. I am not a real estate expert but there are already hundreds of units for sale, new construction and old, but nothing is selling because of the tax rate in Wildwood. For the same condo sales price, taxes are less in NW and WC.

Print Publication Date: 
2/08/2017