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Sales Slow as Interest Rates Rise
June 27th, 2022 Sales Slow as Interest Rates Rise Lower Eastern Shore, Md. – Interest rates have been rising steadily and we are seeing a slowdown in the market because of that. Between rising costs of homes and now higher interest rates buyers, especially first-time buyers,...
Read MoreREALTORS® to hold 4th Annual Charity Golf Tournament!
FOR IMMEDIATE RELEASE June 20th, 2022 REALTORS® to hold 4th Annual Charity Golf Tournament! Lower Eastern Shore, Md. – The Coastal Association of REALTORS® is proud to announce that Engel and Völker of Ocean City is the presenting sponsor for the 2022 Coastal Association of REALTORS®...
Read MoreHistoric Highs and Historic Lows
May 17th, 2022 Historic Highs and Historic Lows Lower Eastern Shore, Md. – $400,000 was the median sales price for homes in Worcester County last month and that was a historic high. For the lower three counties combined the median price was $325,000 which was also a historic high...
Read MoreCoastal Welcomes 28 New Members
FOR IMMEDIATE RELEASE May 16th, 2022 Coastal Welcomes 28 New Members (Top row from left) Bill Baals with Dockside Properties, Woody Sharp with Keller Williams, Pat Pote with Coldwell Banker, Logan Cramblitt with Atlantic Shores Sotheby’s, Andy McConnell with Long and Foster, Corey...
Read MoreMortgage Rates Start to Climb but Our Local Market Is Not Slowing Down
April 12th, 2022 Mortgage Rates Start to Climb but Our Local Market Is Not Slowing Down Lower Eastern Shore, Md. – Mortgage rates have been climbing recently and are reaching levels we haven’t seen since 2011. As rates go up, we would expect to see a cooling off of the market but...
Read MoreREALTORS® award $5,500 to local charities
FOR IMMEDIATE RELEASE March 31st, 2022 REALTORS® award $5,500 to local charities Lower Eastern Shore, Md. – The Coastal Association of REALTORS® (Coastal) is pleased to announce that it has awarded $5,500 in grants to local charities through the Coastal REALTORS® Foundation...
Read MoreMedian Sale Price Rises Sharply!
March 30th, 2022 Lower Eastern Shore, Md. – In March of 2020, at the start of the pandemic, the median home price in the lower three counties was $231,250. Over the last 2 years, as inventory has dropped, home prices have risen. We have seen a few months where they have gone down...
Read MoreCoastal Welcomes 19 New Members
FOR IMMEDIATE RELEASE February 18th, 2022 Coastal Welcomes 19 New Members (Top from left) Lance Hair with Long and Foster, Tanner Moxley with Keller Williams, Brenda Hornung with Compass, Lisa Chamberlain with Newport Bay Realty, Kim Dixson with Redfin, Lachelle Scarlato with Coastal...
Read MoreREALTORS® award $4,750 to local charities
FOR IMMEDIATE RELEASE November 19th, 2021 REALTORS® award $4,750 to local charities (Top Left) Steve Parsons of Coldwell Banker, JoAnn Blackmon of the Epoch Dream Center, Rhonda Evans of ERA Martin, Leslie Zimmerman of the Alzheimer’s Association, Michael Dyer of United Needs and...
Read MoreCoastal Welcomes 24 New Members
FOR IMMEDIATE RELEASE November 11th, 2021 Coastal Welcomes 24 New Members (Top from left) Tim Arnett of ERA Martin, Christian Bonebrake of Atlantic Shores Sotheby’s, Ryan Basch of Coldwell Banker, Lisa Jackson of Engel & Volker, Cassie Stuart of Sheppard Realty, President of the Coastal...
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