News & Media

Archive: March `18
CAR endorses Bud Church for Worcester County Commissioners
March 20, 2018
Lower Eastern Shore, Md. – The Coastal Association of REALTORS® (CAR) is pleased to announce its endorsement of longtime REALTOR® Bud Church in his reelection bid for the District 3 seat on the Worcester County Commissioners.
(From left) CAR Vice President Joseph Wilson, REALTOR® and Worcester County Commissioners incumbent Bud Church, CAR Director Austin Whitehead, CAR RPAC Chair Rick Proctor, and CAR President Joel Maher. 
Church is a REALTOR® Emeritus, meaning he has been a member of CAR and of the National Association of REALTORS® (NAR) for over 40 years. He has served as president of CAR and as president of the Maryland REALTORS®. He’s also served as Regional Vice President for NAR. Church has been awarded the Lifetime Achievement Award from CAR, as well...
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CAR announces Fair Housing Art Contest finalists
March 15, 2018
Lower Eastern Shore, Md. – The Coastal Association of REALTORS® (CAR) has chosen two finalists in this year’s Fair Housing Art Contest.
(From left) Head of Lower School Laura Holmes; 5th grader Maxi Ruggerio; CAR Board Member Austin Whitehead; 3rd grader Isha Garg; and Art Teacher Rebecca Tittermary. 
  • Isha Garg, 3rd grade, Worcester Preparatory School
  • Maxi Ruggerio, 5th grade, Worcester Preparatory School
Each finalist received a framed copy of their submission and a Visa gift card, compliments of CAR.
The two finalists have been forwarded to the Maryland REALTORS®. Only one will be chosen for inclusion in the statewide 2019 Fair Housing Brochure. That winner...
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CAR releases 2017 local housing reports
March 15, 2018
Lower Eastern Shore, Md. – The Coastal Association of REALTORS® (CAR) released its 2017 local housing reports for the three counties and their municipalities at the association’s Media Breakfast on Thursday, March 15, 2018.
According to CAR, REALTORS® in the Tri-County area sold 3,795 homes worth a total of $873.4 million throughout 2017. The average sale price of a home was $230,161. When compared to five years ago, inventory decreased by 6.2 percent, new contracts increased by 39.7 percent, home sales increased by 41.5 percent, and home values increased by 2.9 percent.
“Overall, the Lower Shore’s real estate market is doing very well,” said CAR President Joel Maher. “In many areas, we’re seeing 2017 numbers that surpass pre-recession numbers, which is incredible. There is a strong demand in our area,...
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CAR Reminder: Carbon monoxide alarms only required in some rentals
March 8, 2018
Lower Eastern Shore, Md. – The deadline for installation of carbon monoxide (CO) alarms in some rental properties is April 1, 2018, and the Coastal Association of REALTORS® (CAR) is reminding the public that alarms are only required in properties that contain a carbon monoxide source.
In 2016, the Maryland General Assembly passed House Bill 849 and its companion Senate Bill 182. These bills require the installation of carbon monoxide alarms for any new and existing rental units that contain any fuel burning equipment or wood burning appliance, or has an enclosed attached garage. They are not required in rental dwelling units that are powered solely by an electric power supply,...
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February market opens good buying window
March 8, 2018
Lower Eastern Shore, Md. – Local home prices are down, according to the latest numbers from the Coastal Association of REALTORS® (CAR).
February 2018 saw an overall 25.2 percent dip in single family home and condominium average sale prices compared to the same time last month in Somerset, Wicomico, and Worcester counties. Individually, single family home prices decreased by 29.9 percent in Worcester, by 20.3 percent in Wicomico, and by 43.7 percent in Somerset. Condominium sale prices increased by four percent in Worcester and decreased by 71.2 percent in Wicomico. There was no data available for Somerset condominium sale prices. Listing prices in all three counties also decreased by an overall 25.2 percent.
Inventory was down overall by 11.2 percent in all three counties compared to the same time last year. Individually, single family home inventory was down by 20.9 percent in Worcester and by 32.5...
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