News & Media

Archive: October `14
A road map to first-time home ownership
October 30, 2014
The road to first-time homeownership can be bumpy, but local real estate professionals are trained and ready to help. Rely on a local REALTOR® to put your mind at ease and make this journey not only easy, but exciting and rewarding.
 
                                                             
 
Be credit worthy
The better your credit score, the better your chance of getting a lower-rate mortgage. Check your credit report regularly for mistakes and for any problems that can be corrected. If you have little to no credit, be sure to start building it up by getting a credit card or by putting your cell phone in your name.
Peter Scott, a loan officer with SunTrust Mortgage in Ocean City, said it’s important to have established credit...
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Coastal REALTORS® endorses Hogan for Md. governor
October 24, 2014
Berlin, Md. – Upon recommendation from the bipartisan REALTOR® Political Action Committee, the Board of Directors of the Coastal Association of REALTORS® hereby endorses Larry Hogan for governor.
 
Hogan, owner of the Hogan Companies in Anne Arundel County since 1985, has been a REALTOR® member of his local association as well as the Maryland and National Associations of REALTORS® for 32 years.
 
Vicki Harmon, president of the CAR Board of Directors, said Hogan’s aim to end increasing taxes and overregulation will be a boon to Maryland’s recovering economy and a positive influence on the real estate industry locally and across the state.
 
“Not only is this an opportunity for REALTORS® to support a REALTOR®, it’s also an opportunity to bring about the change needed in Maryland government to get us back on track so the state can once again benefit from a...
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Local REALTORS® learn self defense
October 23, 2014
Berlin, Md. – In honor of Beverly Carter, the Arkansas REALTOR® who was murdered last month while showing a house, the Coastal Association of REALTORS® this week offered its members a self-defense course so they can stay on guard and make safety a priority.
 
The course was taught by Darron Whitehead, a member of CAR’s board of directors, and his son, Austin, also a CAR member.
 
Darron is a retired Maryland State Police trooper who spent 22 years on the job. He holds two second-degree black belts and serves as an assistant instructor at the Eastern Shore Criminal Justice Academy at Wor-Wic Community College in Salisbury. Austin is an experienced boxer who has trained with Hal Chernoff and Fernando Guerrero at Main Street Gym in Salisbury.
 
Darron told the group of roughly 25 REALTORS® that learning how to defend themselves is extremely...
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Coastal REALTORS® installs 2014-2015 board of directors
October 16, 2014
Ocean Pines, Md. – The Coastal Association of REALTORS® (CAR) installed its 2014-2015 board of directors at a special ceremony on October 1, 2014 at the Ocean Pines Yacht Club.
 
Vicki Harmon, a REALTOR® for Coldwell Banker Residential Brokerage at 104th Street in Ocean City and a CAR member since 2007, was installed as president of the association’s board.
 
“Being president of CAR is a very challenging, yet rewarding experience,” Harmon said. “I have the opportunity to help shape the future direction of our ever changing industry both here at the coast as well as at the state and national levels.”
 
Harmon was installed by Dean Cottrill, president of Coldwell Banker Residential Brokerage NRT and former president of the Anne Arundel Board of REALTORS® board of directors.
 
The following CAR members were installed at the...
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Home sales going to contract faster in Tri-County area
October 8, 2014
Berlin, Md. – Single family homes and condominiums in Somerset, Wicomico, and Worcester counties are spending less days on the market, according to the latest figures from the Coastal Association of REALTORS®.
 
According to the association’s local housing market statistics, single family homes and condominiums sold in September 2014 had spent an average of 129 days on the market, compared to 191 days the same time last year.
 
Joni Martin Williamson, of ERA Martin Associates of Salisbury, said one “symptom” she’s noticed in connection to less days on the market is an influx in multiple offers on listings, particularly brand new listings, “which is good. It’s a trend of houses coming onto the market and quickly receiving two offers, then quickly moving to contract. This could be attributed to either better pricing from the sellers or more realistic offers from the...
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