News & Media

Archive: January `18
CAR members meet with state legislators in Annapolis
January 22, 2018
Annapolis, Md. – Members and staff from the Coastal Association of REALTORS® (CAR) traveled to Annapolis on Wednesday, January 17 to participate in the Maryland REALTORS® 2018 Lobby Day.
 
             
Members and staff from the Coastal Association of REALTORS® participated in the 2018 Maryland REALTORS® Lobby Day in Annapolis. (From left) Sarah Rayne, Austin Whitehead, Joni Williamson, Cameron Drew, Grace Masten, Sen. Jim Mathias, Kate Deckenback, Brandon Johnson, Vicki Harmon, Joel Maher, Page Browning, Rick Proctor, and Steve Cohen. 
 
This annual event is an opportunity for REALTOR® and affiliate members to meet with their individual state senators and delegates to discuss real estate and homeowner issues. CAR joined hundreds of REALTORS® and affiliates from across...
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CAR members respond to possible elimination of USDA loans in Ocean Pines
January 19, 2018
Ocean Pines, Md. – An upcoming review conducted by the U.S. Department of Agriculture (USDA) could result in Ocean Pines’ loss of eligibility for Rural Housing Development Program loans, and members of the Coastal Association of REALTORS® (CAR) are concerned about funding accessibility for future buyers.
 
Last month, the USDA Rural Development Delaware/Maryland State Office released a public notice stating the department is conducting a review of all areas under its jurisdiction to identify those that no longer qualify as rural for housing programs. This review is done every five years, according to the notice, and will utilize the 2015 American Community Survey data. Among the areas under review in Maryland is Ocean Pines in Worcester County.
 
“There is a...
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Local REALTORS® earn National Emeritus status
January 11, 2018
Berlin, Md. – Three members of the Coastal Association of REALTORS® (CAR) recently achieved the coveted National REALTOR® Emeritus status.
 
              
(From left) Michael Weisner of Weisner Real Estate, CAR President Joel Maher, and Charles “Chuck” Shorley of Shore-Lea Realty. Not pictured is Lester Chandler of Coldwell Banker Residential on 64th Street in Ocean City. Chandler, Shorley, and Weisner have earned National REALTOR® Emeritus status. 
 
Lester Chandler of Coldwell Banker Residential on 64th Street in Ocean City, Charles “Chuck” Shorley of Shore-Lea Realty in Ocean City, and Michael Weisner of Weisner Real Estate in Salisbury were approved as National REALTOR® Emeritus during the 2017 National Association of REALTORS® (NAR) Annual...
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Holiday real estate market shows increased activity
January 9, 2018
Lower Eastern Shore, Md. – The holidays on Maryland’s Lower Eastern Shore boasted a slight increase in real estate activity, according to the latest numbers from the Coastal Association of REALTORS® (CAR).
 
December 2017 saw an overall one percent jump in single family home and condominium contracts compared to the same time last year in Somerset, Wicomico, and Worcester counties. Individually, single family home contracts increased by 5.3 percent in Wicomico County, decreased by 21.6 percent in Worcester County, and remained the same in Somerset County. Condominium contracts increased by 20 percent in Worcester and by 100 percent in Somerset, but remained the same in Wicomico.
 
Settlements were up overall by 2.2 in the Tri-County area. Individually, single family home settlements were up by 5.3 percent in Worcester County and were down by 3.9 percent in Wicomico and by 21.1 percent in Somerset....
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