News & Media

Archive: December `16
CAR collects over 100 toys, raises $275 at holiday party
December 19, 2016
Ocean City, Md. – During its 2016 Holiday Party at Seacrets, the Coastal Association of REALTORS® (CAR) collected over 100 toys for the Toys For Tots Foundation and raised $275 for Habitat for Humanity.
 
        
Members of the Coastal Association of REALTORS® Membership Committee (top row, from left) Mary Burgess of Shamrock Realty Group, Rosie Beauclair of Shamrock Realty Group, Elaine Gordy of Long & Foster Real Estate in Salisbury, Lt. Col. Dick Tanner of the U.S. Marine Corp., and Kathy Lowing of EXIT Realty at the Beach. (Bottom row, from left) Larissa Luck of Universal Mortgage & Finance, Pam Wadler of Shamrock Realty Group, Marie McFarland of the Coastal Association of REALTORS®, and Bernie Flax of EXIT Realty at the Beach. 
 
The 150 CAR members attending the December...
Read More
Local real estate market enters holiday season on a high note
December 8, 2016
Lower Eastern Shore, Md. – Increased inventory is propelling sales activity on the Lower Eastern Shore, according to the latest figures from the Coastal Association of REALTORS® (CAR).
 
November 2016 saw an 18.4 percent increase in new local listings compared to the same time last year in Somerset, Wicomico, and Worcester counties. Individually, Wicomico single family home listings jumped by 32.9 percent, Somerset increased by 13.3 percent, and Worcester increased by 6.7 percent.
 
New contract, or pending sales, activity increased overall by 11.6 percent. Single family home contract starts increased by 26.7 percent in Worcester County and by 27.8 percent in Somerset County. Single family home contracts decreased by 9 percent in Worcester County. Condominium contracts increased by 20.8 percent in Worcester County, while condominium contracts in Wicomico County decreased by 44.4 percent. Condominium...
Read More