News & Media

Archive: October `18
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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