News & Media

Inventory up slightly, sales remain stagnant on Lower Shore
March 18, 2019
Lower Eastern Shore, Md. – New local inventory saw a slight boost in February, according to the latest numbers from the Coastal Association of REALTORS® (Coastal).
 
New listings that went on the market in February 2019 were up seven percent compared to the same time last year in all three counties. That translates to 580 new listings. Individually, new available units were up by 0.6 percent in Worcester, by six percent in Wicomico, and by 50 percent in Somerset.
 
However, active inventory is still lower than it was a year ago. In all three counties, there was a total of 3,053 active listings, which is 20.2 percent lower than it was in February 2018. Active listings were down by 16 percent in Worcester, by 30.3 percent in Wicomico, and by 10 percent in Somerset.
 
New residential settlements in January were down by 6.4 percent overall compared to the same time last year in...
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Coastal announces Fair Housing Art Contest finalists
March 13, 2019
Lower Eastern Shore, Md. – The Coastal Association of REALTORS® (Coastal) has chosen three finalists in this year’s Fair Housing Art Contest.
 
            
(From left) Coastal President-Elect Joe Wilson, Harper Hertrich, Ansh Batra, Cora Lee Conway, and Coastal President Bernie Flax. 
  • Harper Hertrich, 3rd grade, Worcester Preparatory School
  • Cora Lee Conway, 4th grade, Worcester Preparatory School
  • Ansh Batra, 5th grade, Worcester Preparatory School
Each finalist received a framed copy of their submission and a Visa gift card, compliments of Coastal.
 
The three finalists have been forwarded to the Maryland REALTORS®. Only one will be chosen for inclusion in the statewide 2020 Fair Housing...
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Coastal welcomes 21 new members
March 13, 2019
Berlin, Md. – The Coastal Association of REALTORS® (Coastal) welcomed 21 new members during New Member Orientation on Thursday, February 21, 2019.
 
            
(From left) Bean Rehbein of RE/MAX Advantage Realty, Sarah Johnson of Bunting Realty, Jessica Gresczyk of Hileman Real Estate, Tracy Peterson of Whitney-Wallace Commercial, Charlene Spence of ERA Martin Associates, Timothy McLane of Berkshire Hathaway HomeServices PenFed Realty, Jennifer Ciorrocco of Coastal Life Realty Group, Barbara Wise of Berkshire Hathaway HomeServices PenFed Realty, Angela Short of Shamrock Realty Group, Maxwell Hulme of Atlantic Shores Realty, Kristen Gebhart of Keller Williams Realty of Delmarva, Gregory Johnson of ERA Martin Associates, Angela Emm of Coldwell Banker Residential 64th Street, Colby Phippin of Whitehead Real...
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Local REALTORS® earn National Emeritus status
March 13, 2019
Berlin, Md. – Four members of the Coastal Association of REALTORS® (Coastal) recently achieved the coveted National REALTOR® Emeritus status.
 
           
(From left) Bill Martin of ERA Martin & Associates in Salisbury, Coastal President Bernie Flax, and Bob Martin of Beach Real Estate in Berlin. Not pictured is Edie Brennan of Berkshire Hathaway HomeServices PenFed Realty in Ocean Pines and Linda Moran of Berkshire Hathaway HomeServices PenFed Realty in West Ocean City.
 
Edie Brennan of Berkshire Hathaway HomeServices PenFed Realty in Ocean Pines, Bill Martin of ERA Martin & Associates in Salisbury, Bob Martin of Beach Real Estate in Berlin, and Linda Moran of Berkshire Hathaway HomeServices PenFed Realty in West Ocean City were approved as National REALTOR® Emeritus during...
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January brings inventory boost to Lower Shore
February 5, 2019
Lower Eastern Shore, Md. – January’s frigid temperatures did not slow local inventory growth, according to the latest numbers from the Coastal Association of REALTORS® (Coastal).
 
New listings that went on the market in January 2019 were up 15 percent compared to the same time last year in all three counties. That translates to 524 new listings. Individually, new available units were up by 22 percent in Worcester, by eight percent in Wicomico, and by 3.2 percent in Somerset.
 
However, active inventory is still lower than it was a year ago. In all three counties, there was a total of 2,886 active listings, which is 21.7 percent lower than it was in January 2018. Active listings were down by 17.5 percent in Worcester, by 30.3 percent in Wicomico, and by 13.3 percent in Somerset.
 
New residential settlements in January were down by 29.8 percent overall compared to the same...
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Coastal hosts annual Bowling for Business Cards event
February 1, 2019
Salisbury, Md. – The Coastal Association of REALTORS® (Coastal) held its annual Bowling for Business Cards networking event and competition on Friday, January 25, 2019 at SouthBound Alley in Salisbury.
 
                   
Team Wells Fargo won first place in Coastal’s annual Bowling for Business Cards event. (From left) Brandon Johnson, Renee Winter, Ken Lee, and Erik Weeg
 
Sixteen teams of Coastal members and guests competed to earn the top three scores. Winners received trophies and gift cards. First place went to Team Wells Fargo, comprised of Brandon Johnson, Renee Winter, Ken Lee, and Erik Weeg. Second place went to Coldwell Banker Bowlers, comprised of Greg Erdie, Steve Parsons, Brad Rayfield, and Tim Dennis. Third place went to Mortgage Network Team One, comprised of...
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Market slowdown continues on Lower Shore
January 15, 2019
Lower Eastern Shore, Md. – Increased interest rates and home prices continue to slow the market on the Lower Shore, according to the latest numbers from the Coastal Association of REALTORS® (Coastal).
 
New residential settlements in December 2018 were down by 27 percent overall compared to the same time last year in Somerset, Wicomico, and Worcester counties. Individually, settlements were down by 33 percent in Worcester, by 15.3 percent in Wicomico, and by 44.4 percent in Somerset. Year-to-date settlements across the Tri-County area totaled 4,443, which is four percent lower than the same time last year.
 
New listings that went on the market in December were down 14.8 percent compared to the same time last year in all three counties. That translates to 304 new listings and 3,091 active listings. Individually, available units were down by 14.7 percent in Worcester, by 24 percent in Wicomico, and by 3.2...
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Coastal members donate over 150 toys to Toys For Tots
December 17, 2018
Ocean City, Md. – The over 180 members of the Coastal Association of REALTORS® (Coastal) who attended the association’s 2018 Holiday Party at Seacrets donated over 150 toys to Toys For Tots.
 
                    
Members of the Coastal Board of Directors stand with toy donations collected for Toys For Tots during the association’s 2018 Holiday Party at Seacrets. (From left) President-elect Joe Wilson, Director Steve Parsons, Vice President Joni Williamson, Immediate Past President Joel Maher, President Bernie Flax, Director Brandon Johnson, Director Cameron Drew, Director Grace Masten, and Director Austin Whitehead. 
 
All members attending the December 12, 2018 party were asked to bring a toy for a local child. Members also donated $330 that will benefit the Coastal...
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Market slows as winter sets in
December 17, 2018
Lower Eastern Shore, Md. – As winter sets in across the Lower Shore, the local housing market is experiencing its annual dip in activity, according to the latest numbers from the Coastal Association of REALTORS® (Coastal).
 
New residential settlements in November 2018 were down by 2.2 percent overall compared to the same time last year in Somerset, Wicomico, and Worcester counties. Individually, settlements were up by eight percent in Worcester and were down by 9.2 percent in Wicomico and by 44.4 percent in Somerset. Year-to-date settlements across the Tri-County area totaled 4,156 as of the end of November, which is about 2.1 percent lower than the same time last year.
 
New listings that went on the market in November were down 7.9 percent and total active listings were down by 17.6 percent compared to the same time last year in all three counties. That translates to 441 new listings and 3,273 active...
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Coastal installs 2018-19 Board of Directors
December 10, 2018
Berlin, Md. – The Coastal Association of REALTORS® (Coastal) installed its 2018-2019 Board of Directors at a recent special ceremony at The Dunes Manor Hotel in Ocean City.
 
                   
Austin Whitehead, Grant Fritschle, Steve Parsons, Joel Maher, Tony Prochazka, Joe Wilson, and Brandon Johnson. (Front row, from left) Joni Williamson, Bernie Flax, Grace Masten, and Cameron Drew.
 
Bernie Flax, a REALTOR® and broker of EXIT Realty At The Beach in Ocean Pines, was installed as president of the association’s board.
 
“I’m looking forward to serving our members while leading the association into a new year with new opportunities and challenges,” Flax said.
 
Flax, along with the rest of the board, was...
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Coastal raises over $12,000 in charity golf tournament
December 3, 2018
Berlin, Md. – The Coastal Association of REALTORS® (Coastal) recently hosted its first charity Golf Tournament at the Ocean City Golf Club, Seaside Course.
 
                   
(From left) Andrew Nixon, REALTOR® and Coastal Director Brandon Johnson, REALTOR® Tim Velasco, and Eli Williamson won the Overall 1st Place prize with a score of 59.
 
The association raised over $12,000 for the Coastal REALTORS® Foundation, which is a fund held by the Community Foundation of the Eastern Shore and will be accessible to members of Coastal to support their chosen local organizations.
 
A total of 76 players participated in the tournament, and the following prizes were awarded by Coastal:
  • Overall 1st Place: Brandon...
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Coastal welcomes 19 new members
November 21, 2018
Berlin, Md. – The Coastal Association of REALTORS® (Coastal) welcomed 19 new members during New Member Orientation on Thursday, November 8, 2018.
 
                   
(From left, back row) Kevin Smith of ERA Martin & Associates in Salisbury; Reginald Polk of Keller Williams Realty of Delmarva in Salisbury; Harold Cyr-Townsend of Coldwell Banker Residential in Salisbury; Barbara DeTota of ERA Martin & Associates in Salisbury; Veronica James of ERA Martin & Associates in Salisbury; Michael Mastracci of Re/Max Advantage Realty in Ocean City; Julie Sebastian of EXIT Realty At The Beach in Ocean Pines; John Brown of Coldwell Banker Residential 64th Street in Ocean City; Cynthia Outten of Long & Foster Real Estate in Salisbury; Robert Kenton of Coastal Resort Sales & Rentals in Ocean City;...
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Home sales up despite mortgage rate increase
November 19, 2018
Lower Eastern Shore, Md. – Local housing market activity was unhindered by last month’s considerable mortgage rate increase, according to the latest numbers from the Coastal Association of REALTORS® (Coastal).
 
Residential settlements in October 2018 were up by 12.3 percent overall compared to the same time last year in Somerset, Wicomico, and Worcester counties. Individually, settlements were up by 3.7 percent in Worcester, by 27.2 percent in Wicomico, and by 36.4 percent in Somerset. Year-to-date settlements, however, totaled 3,769 as of the end of October, which is about three percent lower than the same time last year.
 
New listings that went on the market in October were up 15.1 percent and total active listings were down by 18.1 percent compared to the same time last year in Somerset, Wicomico, and Worcester counties. That translates to 586 new listings and 3,303 active listings. Individually,...
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Browning earns professional designation
November 12, 2018
Berlin, Md. – Page Browning, executive vice president of the Coastal Association of REALTORS® (Coastal), is being honored by the National Association of REALTORS® (NAR) with the REALTOR® association Certified Executive (RCE) designation, which recognizes exceptional efforts by REALTOR® association executives (AEs).
 
                                                          
                                                                   Page Browning, CAE, RCE
 
Browning is one of over 500 REALTOR® AEs who have achieved this mark of excellence. Local and state AEs who hold the RCE designation represent REALTORS® in 50 states/territories.
 
The RCE is the only professional designation...
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Coastal REALTORS® recognizes 2018 award winners
October 26, 2018
Lower Eastern Shore, Md. – The Coastal Association of REALTORS® (Coastal) recognized its 2018 award winners during a special ceremony on Monday, October 24, 2018 at Dunes Manor Hotel & Suites in Ocean City.
 
                        
Susan Lloyd of Mid-Atlantic Settlement Services presents the Coastal Association of REALTORS® 2018 Outstanding Affiliate Award to Rick Proctor of Freedmont Mortgage. Lloyd was the 2017 recipient of the award.
 
Rick Proctor of Freedmont Mortgage in Ocean City received the Outstanding Affiliate Award. Proctor served this year as chair of the REALTORS® Political Action Committee (RPAC) Task Force and was an active participant in the association’s legislative advocacy efforts. He visited numerous member offices to discuss...
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Coastal supports Berlin Community Garden with $2,100 grant
October 15, 2018
Berlin, Md. – The Coastal Association of REALTORS® (Coastal), in partnership with the Maryland Coastal Bays Foundation, received a $2,100 Placemaking grant from the National Association of REALTORS® (NAR) to help fund construction of a community garden at the new Berlin branch of the Worcester County Public Library.
 
        
(From left) Coastal Executive Vice President Page Browning, Del. Mary Beth Carozza, REALTOR® Vicki Harmon, REALTOR® Cam Bunting, REALTOR® and Coastal President Joel Maher, REALTOR® and Coastal President-Elect Bernie Flax, Coastal Affiliate Member Larissa Luck, REALTOR® and Coastal Director Steve Parsons, Sen. Jim Mathias, Community Garden Coordinators Pat and Ron Pilling, Worcester County Environmental Programs Planner Katherine Munson, and Maryland Coastal Bays Foundation Watershed...
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Local market boost predicted after interest rate hike
October 5, 2018
Lower Eastern Shore, Md. – Local market activity continues to fall behind last year’s numbers, according to the September 2018 housing reports from the Coastal Association of REALTORS® (Coastal).
 
New listings that went on the market in September were down 7.1 percent and total active listings were down 24.4 percent compared to the same time last year in Somerset, Wicomico, and Worcester counties. That translates to 559 new listings and 3,132 active listings. Individually, available housing units were up by 8.7 percent in Worcester County, and were down by 31 percent in Wicomico and by 15 percent in Somerset.
 
Sales that made it to the settlement table in September were down by 20.3 percent overall compared to the same time last year, with Worcester seeing a 22 percent drop, Wicomico a 19.7 percent drop, and Somerset a five percent drop. Year-to-date settlements were down overall by 5.7 percent....
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Local market data aligns with national real estate trends
September 10, 2018
Lower Eastern Shore, Md. – Another month of low inventory, less settlements, and higher prices has the Lower Eastern Shore aligned with the latest market trends reported by the National Association of REALTORS® (NAR).
 
According to the Coastal Association of REALTORS® (Coastal), August 2018 did see a 7.7 percent bump in new listings, but overall active listings were down by 24 percent on the Shore. That translates to 572 new listings and 3,149 active listings for the month of August. Individually, available housing units were down by 27.2 percent in Worcester County, by 23.3 percent in Wicomico County, and by 8.5 percent in Somerset County, compared to the same time last year.
 
New settlements were down by 7.4 percent overall compared to August of last year, with Worcester seeing a 1.8 percent drop, Wicomico a 12.9 percent drop, and Somerset a 24.2 percent drop. Year to date settlements were down overall...
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Coastal welcomes 22 new members
August 20, 2018
Berlin, Md. – The Coastal Association of REALTORS® (Coastal) welcomed 22 new members during New Member Orientation on Wednesday, August 15, 2018.
 
   
(From left) John Rego of Shamrock Realty Group in Ocean Pines; Marjorie Eckerd of Joe Maggio Realty in Rehoboth Beach; Cody Webster of ARE Pros in Seaford; Kimberly Clark of Berkshire Hathaway HomeServices PenFed Realty in Ocean Pines; Tara Wancowicz of Berkshire Hathaway HomeServices PenFed Realty in Ocean Pines; Brooks Decker of Condominium Realty in Ocean City; Jacqueline King of Esham Real Estate in Salisbury; Gaije Hallstrom of Keller Williams Realty of Delmarva in Ocean City; Chrystal Kromidas of Esham Real Estate in Salisbury; Kimberly Sentman of Keller Williams Realty of Delmarva in Salisbury; Donna Frankowski of Shamrock Realty Group in Ocean Pines; Torlondo...
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Coastal announces 2018 election endorsements
August 9, 2018
Lower Eastern Shore, Md. – The Coastal Association of REALTORS® (Coastal) is pleased to announce its endorsements in the upcoming 2018 county elections.
 
Worcester County
 
       
(From left) Coastal Vice President Joseph Wilson, REALTOR® and Incumbent Worcester County Commissioners Candidate Bud Church, Coastal Director Austin Whitehead, RPAC Chair Rick Proctor, and Coastal President Joel Maher.
 
Coastal endorses longtime REALTOR® and incumbent Bud Church for reelection to the District 3 seat on the Worcester County Commissioners. Church is a REALTOR® Emeritus, meaning he has been a...
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Decreased inventory drives up home prices on Lower Shore
August 9, 2018
Lower Eastern Shore, Md. – A more than 25 percent drop in available housing inventory on Maryland’s Lower Eastern Shore has led to higher list and sale prices, according to the latest numbers from the Coastal Association of REALTORS® (Coastal).
 
As of the end of July, there were 2,666 available residential units on the Shore. In July 2017, there were 3,582 available units, which is a 25.5 percent drop. Individually, active listings are down by 30 percent in Worcester County, by 25.5 percent in Wicomico County, and by 10.6 percent in Somerset County.
 
New listings in July saw a 3.5 percent bump compared to the same time last year across the Shore. Individually, new listings were up by 1.1 percent in Wicomico and by 85.7 percent in Somerset, while they were down by 5.7 percent in Worcester.
 
With limited inventory comes multiple...
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Coastal to host charity golf tournament
August 9, 2018
Ocean City, Md. – The Coastal Association of REALTORS® (Coastal) will hold its 1st Annual Golf Tournament to benefit the Coastal REALTORS® Foundation on Thursday, October 11, 2018 at the Ocean City Golf Club Seaside Course.
 
Shotgun start is at 1 p.m., and the tournament is a four-person scramble with all levels of players welcome. The cost to participate is $400 per team. Players without a team are welcome to register for $100 and will be assigned. Teams who also wish to sponsor a tee sign will receive a discount. Prizes will be awarded for the best and worst scores. Included in the cost of registration are green fees, golf cart rental, a swag bag, drink tickets, snacks, and a full dinner.
 
The title sponsor for this event is Nations Lending Mid Atlantic, which is a direct residential...
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Coastal REALTORS® Foundation established through CFES
July 5, 2018
Lower Eastern Shore, Md. – To help local real estate professionals support the causes most important to them, the Coastal Association of REALTORS® (Coastal) has established and provided startup funding for the Coastal REALTORS® Foundation.
 
                      
(From left) Community Foundation of the Eastern Shore President Erica Joseph, Coastal President Joel Maher, Coastal President-Elect Bernie Flax, and Coastal Executive Vice President Page Browning. 
 
This new fund is held by the Community Foundation of the Eastern Shore (CFES) and will be accessible to members of Coastal through an application process administered by the association.
 
“Our local REALTORS® and affiliate members are very active in their communities and the association...
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Local real estate professionals volunteer in Habitat build
June 26, 2018
SALISBURY - Members of the Coastal Association of REALTORS® participated in a REALTOR® Build Day for the Wicomico County chapter of Habitat for Humanity on Thursday, June 21, 2018 on E. Church Street in Salisbury. The group was split into a morning shift and an afternoon shift and they performed jobs such as installing siding and gardening. 
 
                        
(From left) REALTOR® Veronica Bishop of Shamrock Realty Group in Berlin; Aaron Jones of GMH Mortgage Services in Salisbury; REALTOR® Joni Williamson of ERA Martin & Associates in Salisbury; Shawn Hunt of GMH Mortgage Services in Salisbury; and REALTOR® Grace Masten of Sea Grace at North Beach REALTORS® in Ocean City. 
 
                        
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Coastal hosts three local candidate forums
June 8, 2018
Lower Eastern Shore, Md. – The Coastal Association of REALTORS® (Coastal) recently held three public candidate forums for upcoming county elections.
 
The Worcester County Commissioners Forum was held on Thursday, May 31 at the Ocean Pines Branch of the Worcester County Public Library. Nine candidates for office participated in the event, which was moderated by Stewart Dobson of Ocean City Today.
 
        
(From left) Coastal Vice President Joe Wilson and Worcester County Candidates Bud Church, Joshua Nordstrom, Ted Elder, Chip Bertino, Zackery Tyndall, Joe Mitrecic, Virgil Shockley, Judy Butler, and Jim Bunting. Photo 
 
The Somerset County Commissioners Forum was held on Tuesday, June 5 at the Somerset Convention Center in Princess Anne. Local...
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