News & Media

Archive: February `15
Universal Mortgage and Finance, Inc. offers fast, unique services to REALTORS® and clients
February 10, 2015
Ocean City, Md. – The relationship between Mike Ciorrocco and Chris Short began long before Universal Mortgage and Finance opened its doors.
The two Cecil County, Md. natives met in elementary school, and continued as school mates through their graduation from Salisbury University, where they shared a dorm room.
“We’re a good extension of each other, which makes a good partnership,” Short said. “I know how he thinks, he knows how I think. If one of us isn’t available, you’d get the same exact service from the other one.”
 
                         
                                         (Left) Chris Short and (right) Mike Ciorrocco      
 
‘The rest is...
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Winter months are ideal time to shop for real estate
February 5, 2015
Berlin, Md. – Although the latest figures from the Coastal Association of REALTORS® (CAR) reflects increased contracts and settlements compared to the same time last year, area home values dipped slightly in January, as is custom across the country during the coldest time of the year.
 
CAR’s January local housing statistics – which represent the activity of CAR’s more than 1,000 REALTOR® members in Somerset, Wicomico, and Worcester counties – reflect a 17.2 percent increase in contracts, or pending sales, and a 13.7 percent increase in settlements, or completed sales. However, the figures also reflect a 12.6 percent increase in the average number of days that homes stay on the market, a 21.9 percent decrease in list prices, and a 22 percent decrease in sales prices.
 
“It’s not uncommon that real estate sales are not at their best during the cold month of January. Also, a lot of people are...
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Local REALTORS® donate to Habitat for Humanity of Worcester County
February 4, 2015
Berlin, Md. – The proceeds from a 50/50 raffle held during the Coastal Association of REALTORS® (CAR) January Business Card Exchange were donated to Habitat for Humanity of Worcester County.
 
           
(From left) Affiliate Sponsor Devin Holland of Real Estate Title & Escrow, CAR Board Member and Habitat Board Member Lauren Bunting, 2014 CAR Events Committee Chair Pam Wadler, Habitat Executive Director Andrea Bowland, and Affiliate Sponsor Dan Varda of Wells Fargo Home Mortgage.
 
The monthly event, held in January at The Globe in Berlin, is an opportunity for members of the association to network and raise money for a local worthy cause. Each event is sponsored by affiliate members of the association.
 
“The...
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