News & Media

Archive: March `15
Local REALTORS® announce Fair Housing Poster Contest winners
March 31, 2015
Berlin, Md. – After receiving over 150 submissions, the Coastal Association of REALTORS® (CAR) Community Involvement Committee has chosen three winners – one from each of the three Lower Shore counties – of its 2016 Fair Housing Poster Contest.
 
                  
(From left) Sarah Rayne of the Coastal Association of REALTORS®, Deal Island Elementary School 5th grader Morgan Ann Brenner, and Deal Island Elementary School art teacher Sarah Perdue. Brenner is the 1st place winner of this year's contest.
 
                 
(From left) Sarah Rayne of CAR, 2nd place winner Rebecca Shahan of North Salisbury Elementary, her...
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Local REALTORS® donate to Wounded Warrior Project
March 30, 2015
Ocean City, Md. – The proceeds from a 50/50 raffle held during the Coastal Association of REALTORS® (CAR) March Business Card Exchange were donated this week to Wounded Warrior Project (WWP).
 
                  
(From left) Rod Flowers of Prime Lending, John Rego of WWP, and CAR Events Committee Chair Pam Wadler.
 
The monthly Business Card Exchange, held in March at Adolfo’s Italian Restaurant in Ocean City, 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.
 
“This is the second time over the past year that CAR has contributed the proceeds from its 50/50 raffle...
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Coastal Association of REALTORS® appoints new Education and Communications Specialist
March 25, 2015
Berlin, Md. – The Coastal Association of REALTORS® (CAR) announced today that Marie McFarland Beckey has joined its staff as the new Education and Communications Specialist to bring professional development and continuing education courses to the association membership.
 
                                                             
 
A former REALTOR® with Coldwell Banker Real Estate in Salisbury, Beckey brings to CAR a wealth of knowledge regarding the local industry. Beckey also has a strong business background, having taught business courses at both Salisbury University and Wor-Wic Community College, and working formerly as a business consultant in various capacities. Beckey also has a media and public relations background, as she worked for WBOC-TV in Salisbury as an assignment...
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Wicomico Habitat for Humanity breaks ground on REALTOR® build
March 20, 2015
Salisbury, Md. – Local REALTORS® are banding together to help one local family realize the dream of homeownership through the Wicomico County chapter of Habitat for Humanity.
 
                                       
                                                                    Susan Megargee
 
The groundbreaking ceremony for this year’s Habitat REALTOR® build was held Monday, March 16, 2015 at 200 Naylor Street, where the Zickafoose family, now of Crisfield, will soon own a home.
 
Susan Megargee, owner and broker of RE/MAX Crossroads and Immediate Past President of the Coastal Association of REALTORS® (CAR), is a major sponsor of this...
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Local REALTORS® learn how new flood maps will impact OC
March 16, 2015
Berlin, Md. – Upcoming significant changes to Ocean City’s flood maps have local REALTORS® preparing to educate their clients on the importance of flood insurance, regardless as to whether it is required.
 
Reese Cropper, president of Insurance Management Group, Inc. of Ocean City, presented “April 2015 Flood Insurance Changes – Effects on REALTORS® and Their Clients” to several members of the Coastal Association of REALTORS® (CAR) last week. Cropper described how Ocean City’s flood maps are changing – most oceanfront property is moving from a high-risk flood zone to a low-risk flood zone – and how these changes could impact local real estate.
 
          
Reese Cropper, president of Insurance Management Group, Inc. and an affiliate...
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Snow fails to dampen real estate sales in February
March 11, 2015
Berlin, Md. – Despite heavy snow on the Lower Shore throughout February, the latest figures from the Coastal Association of REALTORS® (CAR) reflect across-the-board increases for home sales and values, among others.
 
CAR’s February local housing statistics – which represent the activity of CAR’s more than 1,000 REALTOR® members in Somerset, Wicomico, and Worcester counties – reflect a drastic (44.7 percent) increase in contracts, or pending sales. Settlements increased slightly by 1.3 percent and listings by 1.9 percent.
 
Home values saw a significant increase, with listing prices up 31.7 percent and sales prices up 30.3 percent. A 12.1 percent decrease in average days on the market points to a faster turnover of area inventory.
 
“Traditionally, January is the slowest time of the year, and we did see decreases in home values and an increase in days on market last...
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