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Months of Inventory is Key Driver of Housing Market
March 22th, 2021 Months of Inventory is Key Driver of Housing Market Lower Eastern Shore, Md. – What is housing inventory and why does it matter? In short, “months of inventory” is a snapshot of time taken at the end of the month. It is the number of houses that are for sale (active...
Read MoreSeptic Problems?
Got Septic Problems? The Coastal Association of REALTORS® will be working with the lower shore counties as well as the State of Maryland to communicate problems REALTORS® are having with septic systems. If you or your clients are having any issues with septic systems please send an email to us...
Read MoreWastewater and Septic Townhall
Last Thursday nearly 100 realtors, elected officials, and members of the public gathered by Zoom to talk about the state of septic and wastewater in Wicomico County. The town hall was moderated by Coastal Association of REALTORS® President Joni Williamson and the speaker panel included Maryland...
Read MoreLack of Inventory Continues to Dominate Market
January 26th, 2021 Lower Eastern Shore, Md. – 2020 is over and for most of us it will be a year we never forget. Americans have dealt with a lot of change over the last 12 months and the housing market has been changing with them. Over the last 12 months the average home in our area has increased...
Read MoreListings are going down; prices are headed up!
Listings are going down; prices are headed up! Lack of inventory ahead for winter Lower Eastern Shore, Md. – Winter is coming and but the real estate market on the Eastern Shore is not cooling down. Low inventory is driving prices up and homes are flying off the market according to the...
Read MoreSettlements remain steady, inventory sees sharp decline in COVID-19 crisis
Lower Eastern Shore, Md. – While the COVID-19 crisis appears to be impacting housing inventory on the Lower Eastern Shore, residential settlements remained steady throughout March, according to the latest numbers from the Coastal Association of REALTORS® (CAR). In all three counties throughout...
Read MoreSettlements up sharply, inventory still low as pandemic wears on Local REALTORS® keeping busy in strong market
Lower Eastern Shore, Md. – While the COVID-19 crisis appears to be impacting housing inventory on the Lower Eastern Shore, residential settlements remained steady throughout July, according to the latest numbers from the Coastal Association of REALTORS® (CAR). In all three counties...
Read MoreSettlements are up, Inventory is lowest in years! Local REALTORS® report a strong Summer
Lower Eastern Shore, Md. – As the summer comes to a close, the local real estate market is still hot! Residential settlements on the Lower Eastern Shore rose throughout the month, according to the latest numbers from the Coastal Association of REALTORS® (CAR). In all three counties...
Read MoreCAR makes campaign contribution to Berlin candidate
Berlin, Md. – The Coastal Association of REALTORS® (CAR) submitted a check to the candidate the association is endorsing in the upcoming Berlin Municipal Election. CAR contributed $1,000 to District 2 Councilmember Zackery Tyndall, who is running for Mayor. “While we decided to mail the...
Read MoreCAR rallies against state sales tax on services bill
Annapolis, Md. – Coastal Association of REALTORS® (CAR) members and staff traveled to Annapolis on Monday, March 2 to join about 600 REALTORS® from across the state in a rally to oppose legislation that would apply a new sales tax to professional services. (From left) Mechelle Smith of...
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