Decreased inventory drives up home prices on Lower Shore

December 31, 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...

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Local market data aligns with national real estate trends

December 31, 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...

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Local market boost predicted after interest rate hike

December 31, 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...

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Home sales up despite mortgage rate increase

December 31, 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...

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Market slows as winter sets in

December 31, 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...

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