They built way too many condos in the Wildwoods during the boom, a lot of people expected to flip them for a bundle and are instead under water. Just go down the list and offer only what you want to pay as the prices are definitely negotiable.
sernow,
We just returned on Monday from Wildwood. Beach Blast soccer tournament weekend. As always a great time !! You are exactly right about the condo situation. They are everywhere and from what I saw, MANY were unoccupied. I vacationed in Wildwood every year for the first 30 years of my life (of course I don't remember the first few times !!), started doing other things for the following 8 years until returning for the Beach Blast in June 2007. I couldn't believe how things off of the boardwalk had changed. They tore down alot of mom & pop motels to build these condos. Looks completely different now.
tfh13-- I agree. Try vrbo.com or vacationrentals.com and make offers. I've done this for trips out west or to FL when not staying at timeshares. I've always requested rates and have negotiated all the way to the end. Good Luck !!!
Mark