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The term REALTOR® is a registered collective membership mark, which may be used only by real estate professionals who are members of the NATIONAL ASSOCIATION OF REALTORS® and subscribe to its strict Code of Ethics.TheCOASTAL ASSOCIATION OF REALTORS is located at 314 Franklin Avenue, Suite 106 • Berlin, MD 21811. Phone: 410-641-4409. On the Web: www.coastalrealtor.org
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THE COASTAL REAL ESTATE RESOURCE Coastal Association of Realtors/Ocean City Today by Ocean City for the Coastal Association of Realtors. in this publication is limited to members and affiliated members of the Association.
OCEAN CITY TODAY is the leading newspaper publisher on the Maryland coast, with Ocean City Today publishing weekly on Friday, Bayside Gazette and Ocean City Digest publishing on Thursdays and Real Estate, the Coastal Real Estate Resource publishing key weekends throughout the year. On the Web: www.oceancitytoday.com
The COASTAL ASSOCIATION OF REALTORS® (CAR) is a trade organization for real estate professionals in Wicomico, Worcester and Somerset Counties on the Eastern Shore of Maryland. Its membership consists of more than 1,000 REALTORs® and affiliate members serving the home-buying and home-selling needs of the public since 1957.
INDEX OF ADVERTISERS Nanette Pavier/Holiday Real Estate.....................................Page 2 Northrop Real Estate.............................................................Page 3 McLean Mortgage Corporation.............................................Page 4 Dani Caine/Loan Depot........................................................Page 5 WesBanco..............................................................................Page 5 MD Dept of Housing and Community Development ..........Page 6 OCVacations.com................................................................. Page 7 ERA Martin/Shamrock Division ..........................................Page 8 Affiliate Members .................................................................Page 8 Long & Foster........................................................................Page 9 Team Bouse House/Re-MAX Advantage Realty................Page 10 First Shore Federal..............................................................Page 10 Berkshire Hathaway PenFed Realty/Ocean Pines..............Page 11 Berkshire Hathaway PenFed Realty/Ocean Pines..............Page 12 Berkshire Hathaway PenFed Realty/Ocean Pines..............Page 13 Berkshire Hathaway PenFed Realty/Ocean Pines..............Page 14 Hileman Real Estate............................................................Page 15 Century 21 New Horizon.....................................................Page 16 Century 21 New Horizon......................................................Page 17 Iron Valley Real Estate........................................................Page 18 Tammy Medlock/Coldwell Banker Realty..........................Page 18 Eastern Title & Settlement..................................................Page 19 Coastal Association of Realtors..........................................Page 20 Sheppard Realty...................................................................Page 21 Mortgage Link .....................................................................Page 21 Maryland Title Service........................................................Page 22 Vacasa..................................................................................Page 23 Jamie Caine/Coldwell Banker Realty.................................Page 24
REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS /OCEAN CITY TODAYPAGE 2 SEPTEMBER 2022 Nanette Pavier Cell: 443-235-3498 Main Office: 7700 Coastal Hwy., Ocean City, MD 410-289-8888 For Updated Prices & More Listings: Call 443-235-3498 Scan code or Visit my WWW.OCEANCITYMDCONDOS4SALE.COMWebsite It’s Time To Own A Beach Home! Your Delmarva Resort Specialist Licensed in Maryland & Delaware NAR Designated Pricing Strategy Advisor Heron Harbour Sales Center 120th St Open Friday-Monday 11-4 2 Outdoor Pools, Indoor Pool, Fitness Center, Tennis Courts, Sauna and Club House Desirable first floor Harbour Club 2 bedroom, 2 bath condo with views of the pond & sanctuary in the marina community of Heron Harbour. Open floor plan featuring spacious living room with electric fireplace & wide slider glass doors to large deck on the pond. Harbour Club has 2 kayak storage racks, bike racks and Electric vehicle charging station. Very reasonable condo & HOA fees. MDWO2009734 New Listing 201 S Heron Dr 4D 2 Bed 2 Bath 1st Floor Pond Views Boating & coastal living at its best in this top floor waterfront Harbour Club condo with boat slip directly in front of the unit. Spacious floor plan with high ceilings throughout and fully furnished with coastal décor. MDWO2009108 Under Contract 201 S Heron Dr 3A & Slip 5 2 Bed 2.5 Bath Water Front Top Floor 410-641-0039 WWW.OCEANCITYTODAY.COM Editor .........................................................................Stewart Dobson Managing Editor............................................................... Lisa Capitelli Account Managers................... Mary Cooper, Vicki Shrier, Amanda Shick Classifieds/Legals/Production Manager .................... Nancy MacCubbin Senior Designer .............................................................. Susan Parks Graphic Artist ................................................................... Kelly Brown Publisher..................................................................... Christine Brown Admin. Assistant................................................................... Gini Tufts
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Rates, inventory go up, listings, prices decline Number of listed properties falls from July last years, as residential market adjusts Contact me if you are looking for a trusted and LOCAL lender for your mortgage needs! With my years of experience and kno wledge of BEACH properties, we can get your loan closed quickly and smoothly! contact me today! Dani Caine Loan Consultant | NMLS #157598 (443) 379-1968 www.loandepot.com/dcainedcaine@loandepot.comcell Equal Housing Opportunity | 8200 Coastal Hwy, Ocean City, MD 21842/ LoanDepot.com, LLC. All right reserved. NMLS ID #174457 (www.nmlsconsumeraccess.org/). For more information, please visit www.LoanDepot.com/licensing. (092421 598000f)
REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS /OCEAN CITY TODAYSEPTEMBER 2022 PAGE 5
Lower Eastern Shore, Md. – The seasons are changing and so is the market on the Lower Shore. Last month home sales dropped by 27 percent across Maryland and dropped 20.9 percent locally. Interest rates continue to rise and there are many indications that buyers are showing concern for the market. The median home price is 4.9 percent higher than it was in July 2021 but down 1.7 percent from last month June 2022. Individually the median home price was $361,000 in Worcester, $245,000 in Wicomico, and $149,450 in Somerset. The Coastal Association of Realtors reported only 531 active listings in the lower three counties compared to 545 in July 2021 and 1608 in July 2019 pre-pandemic. In all three counties throughout July, new settlements were down 20.9 percent compared to the same time last Individually,year. new settlements throughout July were down by 20 percent in Worcester and 26.4 percent in Wicomico, and flat in Somerset.New listings in July were down 17.8 percent compared to the same time last year in all three counties. Individually, new listings were down by 18.8 percent in Worcester, 15.9 percent in Wicomico, and up 18.4 percent in Somerset from July 2021. Active listings in all three counties were down by 2.6 percent from July 2021. Individually, there were 309 active listings in Worcester, 150 in Wicomico, and 72 in Somerset. The median days on market for July 2022 was 9 which was up 12.5 percent from July of “One2021.ofthe signs we are seeing of a changing market is the drop in listings. Active listings are down 2.6 percent but new listings are down almost 18 percent,” said Coastal Association of Realtors President Grace Masten. “In addition to listings, closed sales are down 20.9 percent from last year and the median home price dropped a little from last month. All of these factors add up to a change in the market that could be good for home buyers that have been waiting on the sidelines,” Masten said.
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REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS /OCEAN CITY TODAYSEPTEMBER 2022 PAGE 7 In a period of massive national, corporate consolidation in the Ocean City vacation rental market, Resort Rentals LLC stands apart as the local rental agency with local professionals who know Ocean City and personally care for your property. 20 years in business, over 35 years local rental experience Local office with local agents • Proven history of success • Record rentals in 2021 Special Introductory Offer! 14% Commission for 2 Years. Trust Your Investment with Local Professionals
REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS /OCEAN CITY TODAYPAGE 8 SEPTEMBER 2022 Coastal Association Affiliate Members Arrange the Change Sharon Knowles Authority Inspections John James Bay Acquisitions Inc Harry Hammel Bayshore Appraisals, Inc Janet Jones Brennan Title Company John DanielBrennanErb Brumbley Appraisal Services Alfred Brumbley Caliber Home Loans Joel Bailey Capitol Title Group Kathy PilarMauraBurtonBurtonBurton Coastal Appraisals, LLC Jennifer Yuhas Coastal Lending Group, LLC Ashley Crist Coates, Coates & Coates Thomas Coates W. Hank Fisher Commission Express Jason Horwitz Community Title Network Devin Holland CTW Real Property Appraisals C Terence Wittstadt D3 Corp John Gehrig Davis, Bowen & Friedel, Inc Jennifer Skarren DeChant Appraisal & Realty Srv Michael DeChant Deeley Insurance Group Laura Bren Jill Gormley Delmarva Appraisals LLC Beverly Wilson Direct Mortgage Loans Billy JohnApostolouJames Draper & Kramer Mortgage Corp Matthew Patterson Eastern Title and Settlement Josh Greene Elite Valuations, Inc Kathleen StephanieHoffmanRinck First Home Mortgage Corp Conner Saulsbury Robert Budd Eric Short First Shore Federal S & L Susan Vincent Randy Merritt Jr Debra Tingle Gary K. Marshall Insurance Agency David Galeone Gismondi Insurance Assoc Beth Gismondi Greater OC Chamber of Commerce Nancy Schwendeman Guaranteed Rate Affinity Paul Soule High Tech Home Inspections Scott ChristopherDonnellyLane House Master Kathy Hoffman Integrity Appraisals Karen Vara L Turner Appraisals LeRoy Turner Liberty Pure Solutions, Inc Rick Kelly LightHouse Home Inspections Dennis O’Brien Loan Depot Richard Proctor Danielle Caine Justin Kozera Main Street Home Loans Norman Tucker Kim DebbieTuckerWayland Marr Appraisals Inc Kenneth ElizabethMarrFilgueras Maryland Department of Housing and Community Development Cecilia Weller Maryland Title Service Helene Parks Richardson Sean ChrissyJosephLyonsRaskauskasRoberts McLean Mortgage Shawn Hunt Joanna Cherlariu Devon KristineSamZachAaronZachBethRebeccaEastlackHarwellHuntHuntJonesKingKotzurLabert Mid-Atlantic Settlement Services Susan Lloyd Kelly Green Mortgage Network Hope KaytlynJoanHamiltonPatrickMorganClarkMorganMulvaneySenkbeil Motto Mortgage Liz Buckley Movement Mortgage Joe Brach Liz PamAllenCalebKennethJustinChristinaBuckleyFullerKozeraLeeMillerPayneRocco MSC Home Inspectors James Howard OCMD Appraisals Justin Drost Oracle Home Inspection Paul Vaillancourt PrimeLending Rod Flowers Pro-Spect Inspection Services Nicholas BradleyEricTJonathanStrayerFourquet-LaboyimHarrigerHastingsKing Salisbury Neighborhood Housing Cheryl AmandaMichelleMeadowsNealSmith Shorlock Home Inspections, LLC Jay Aydelotte Superior Appraisal Service Carrie Brown T & G Builders, Inc Gary James John Rego The Gold Standard Inspection Company Todd DianaWilliamsBruce The Mortgage Link, Inc Chrissy Summers Waterstone Mortgage Jason KerryMelissaMauriceCookHeckscherMattieRunkles Wesbanco Laura Vest Whitecap Mortgage Jocelyn Succarotte Mark Succarotte 11049 Racetrack Road Ocean Pines, MD 410-641-500021811 Demand is High – Now is the Time to Sell or Rent Your Property Let Us Get TOP DOLLAR for Your Home Sale or Rental ©2022 ERA Franchise Systems LLC. All Rights Reserved. ERA Franchise Systems LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. ERA, ERA Real Estate Powered, and their respective logos are registered service marks of ERA Franchise Systems LLC. Each Office is Independently Owned and Operated. NOT READY TO SELL? WE’RE SEEKING LONG & SHORT TERM RENTAL HOMES Let Us Manage Your Property – We Have a List of Qualified Tenant Applicants Just Waiting for Your Home BeauclairRosie VeronicaBishop BurgessMary FrankowskiDonna HitchensOllie JamesGary Kimberly S. Jones FrankKay LandphierAshlie BrittaniPhillips RegoJohn WadlerPam WescheRon WoulfeJulie ChuckLeo MacPhersonBryan MacPhersonKelly 600 WALNUT POCOMOKESTREETCITY$122,000 • 3BR/2BA • 2,620 Sq ft • Original Hardwood Flrs on 1st level • Enclosed Back Porch • Walk-Out Basement • Sold As-Is, need loan w/escrow repair • HUD Owned Property • All offers submitted through HUD home store site MLS MDWO2008980 SALEFOR 1107 CEDAR POCOMOKESTREETCITY$169,900 • 3BR/1BA • Move-In Ready! • Close to Pocomokedowntown • Family-sized Living Room & Kitchen • Large Deck • Private Backyard spaceMLS MDWO2009254 SALEFOR 1608 SNOW HILL $250,000STOCKTONROAD • 8 BR/2BA • Four Square Colonial Home, Sold As-Is • (3) Fireplaces • New Roof (2022) • Built in 1914 • 3,080 Sq ft, 2.00 Acres • Lg Rooms w/woodwork, transom windows, original doors • Lg 2nd level balcony • 1st level Screened Porch • Lg Wrap-Around Front Porch • 2-Car Detached Garage MLS MDWO2009682 SALEFOR 2 AUDUBON$464,900BERLINCIRCLE • 2BR/BA + Den + Loft • 2,357 Sq ft • Sunroom • Corner Lot • Osprey Floorplan • 2nd Level Primary Suite • The Parke at Ocean Pines • Close to amenities,communityandbeachesMLSMDWO2009316 CONTRACTUNDER 201 E MARKET STREET SNOW $949,900HILL A Find!Rare 7 CRAB CAY COURT OCEAN PINES, $425,000MD Location!Prime 12603 DAWN BISHOPVILLE,CIRCLEMD$150,000 • Build-ready 1.26-acre lot • Exclusive, quiet development • Northeastern Worcester County locale • Close to DE and MD beaches, golfresortcourses,areas • County boat ramp less than 1-mileMLSawayMDWO2006886 Location!Prime 0 NANTICOKE ROAD SALISBURY,$79,900MD • 4.67 acres • Zoned Residential • Land for sale MLS MDWC2001476 SALEFOR • Ocean Pines Waterfront • Quite cul-de-sac location • Pintail Isle Section • Views of Canal & Pintail Park Area • New bulkhead • Direct access to St. Martin River & Isle of Wight Bay • Close to community amenities MLS MDWO2008004 • 4BR/5.5BA • Built in 1864 • 6,743 Sq ft living space, 2.15 Acres • The River House Inn Bed & Breakfast • Located on the Pocomoke River • Features Pub Room, Formal Dining Room, Lg Gourmet Kitchen, Social Room • Nationally Registered Historical Victorian Home • Innkeepers Quarters include private BR/BA, LR, Office, Deck • (3) Private Cottages on property offering 7 additional rooms • Inground Pool • Bulkhead, Deep-water Boat Dock MLS MDWO121678
Chief Economist Lawrence Yun. “Home sales may soon stabilize since mortgage rates have fallen to near 5 percent, thereby giving an additional boost of purchasing power to home buyers.”Total housing inventory registered at the end of July was 1,310,000 units, an increase of 4.8 percent from June and unchanged from the previousUnsoldyear. inventory sits at a 3.3month supply at the current sales pace, up from 2.9 months in June and 2.6 months in July 2021.
Home sales continue to cool nationally Continued on Page 15 Stan Zaremba Branch Manager 410-520-2707 • Stan.Zaremba@LNF.com Interested in a career in real estate? Classes forming now! Visit www.longandfoster.com/careers Please call or email me for a confidential Conversation on joining our team:Join Our Team At Long & Foster Ocean City! LONG & FOSTER REAL ESTATE, INC. 11701 Coastal Hwy | Ocean City Square Shopping Center | 410-524-1700Center WE HAVE BUYERS IF YOU WISH TO SELL GIVE US A CALL TODAY! MARY NIEMKIEWICZMCCRACKENGRAVESCELL:410-430-7302TOMCELL:410-603-2136 11604 COASTAL HIGHWAY • UNIT 1010 OCEAN CITY Spacious 2BR/2BA End unit w/an open floor plan, a large ocean front balcony w/panoramic views of the beach and ocean, plus a private bay-side balcony w/views of the open bay and city lights. You won’t miss a sunrise or sunset y/r! Enjoy the large outdoor pool, sun deck w/tables, chairs, and umbrellas, not to mention a tennis court and a direct entrance to the beach and ocean. Close to shopping, entertainment, and restaurants. NEW LISTING $695,000 (MDWO2009558) GORGEOUS
The BEST GOLF COURSE VIEW IN BAYSIDE overlooking the 14th fairway on the Jack Nicklaus Signature course. A Schell Brothers 4BR/2BA/2HBA Catalina model built in 2016, the "Premier" builder in Bayside known for energy efficient construction. Bottom level has a custom bar that dates to 1900, an extralarge covered patio, and space for lawn games. Second level has a private guest BR/BA w/a private deck. Kitchen, dining room and living room flow perfectly for entertaining. Spacious deck off dining room. On the top level there are 3BR/2BA along w/W/D. Primary BR w/private deck overlooks the golf course and beautiful wetlands; elevator and 2-car garage. Sold furnished (see exclusion list). Bayside is the most sought-after resort community in the Delaware Beach region featuring an 18-hole Jack Nicklaus golf course, restaurants, indoor and outdoor pools, splash zones, hot tub, fitness center, clubhouse, beach shuttle, dog park, tennis, kayak lunch, Freeman Stage, hiking trails and fishing in the stocked ponds. Bayside is centrally located, allowing residents and guests to take advantage of all the beautiful, well-maintained beaches in Fenwick Island, Bethany Beach, and Ocean City. 30531 N SELBYVILLE,CROSSINGMAGNOLIADE (DESU2027750)
NEW LISTING $1,850,000
The median existing-home price for all housing types in July was $403,800, up 10.8 percent from July 2021 ($364,600), as prices increased in all regions. This marks 125 consecutive months of year-over-year increases, the longest-running streak on “We’rerecord.witnessing a housing recession in terms of declining home sales and home building,” Yun added.
“However, it’s not a recession in home prices. Inventory remains tight and prices continue to rise nationally with nearly 40 percent of homes still commanding the full list price.” Properties typically remained on the market for 14 days in July, the same as in June and down from 17 days in July 2021. The 14 days on market are the fewest since NAR began tracking it in May 2011. Eighty-two percent of homes sold in July 2022 were on the market for less than a First-timemonth.buyers were responsible for 29 percent of sales in July, down from 30 percent in June and also in July 2021. PENTHOUSE at THE PLAZA!! Opportunity knocks for this 3BR/2BA, 1647Sqft Penthouse condo w/Private South-end Location offering Panoramic Views from 2 Massive Balconies, Direct Oceanfront and Open Bay Views. Remodeled (2016) including Luxury Vinyl Flooring, Bathrooms and Kitchen w/Granite Counters, Glass Tile Backsplash, all Stainless-steel Appliances, and Custom Kitchen Island. Open Living/Dining/Kitchen Rooms w/Panoramic Views of Ocean and Bay from Huge Oceanfront Balcony and Extra Side Window. Oceanfront Primary Suite offers Picture Window and Balcony Access for sounds of the Ocean. Primary Ensuite has Ceramic Tile step-in Shower, Glass Enclosure and Islamorada inspired Shutter Window. Coastal Furnishings throughout with all new Living Room furniture and Bali Blinds in Primary Bedroom (2021). Carrier HVAC (2021), Washer/Dryer (2019), Slider Doors (2017), and Refinished Oceanfront Balcony (2022), All Windows Replaced since 2015. Premiere Plaza Condominium offers HEATED Outdoor Pool, Kiddie Pool and Tiki Bar/Grill on Half Acre Oceanfront Deck, Y/R Indoor Pool, Hot Tub and Saunas, 5-Star Restaurant, 24/7 Security, 4 Elevators, 2 Parking (1 covered), Private Beach Lockers and On-Site Management all in North OC location across from Grocery Stores, Dining, Parks, Tennis and Art League. Owner Limits Rentals to 9 weeks at $37,000. Truly a Best Buy at the Beach!! 9800 COASTAL HIGHWAY • UNIT 1701 • OCEAN CITY NEW LISTING $950,000
REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS /OCEAN CITY TODAYSEPTEMBER 2022 PAGE 9 ofthepercentinadjusted5.9yearmonth-over-monthfourtionalmonthsalesWASHINGTON–Existing-homesaggedforthesixthstraightinJuly,accordingtotheNa-AssociationofRealtors.AllmajorU.S.regionsrecordedandyear-over-salesdeclines.Totalexisting-homesalesslippedpercentfromJunetoaseasonallyannualrateof4.81millionJuly.Year-over-year,salesfell20.2(6.03millioninJuly2021).“Theongoingsalesdeclinereflectsimpactofthemortgageratepeak6percentinearlyJune,”saidNAR
(MDWO2009302) 302-567-1122410-971-2195D’AMBROGITOMMD:DE:
REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS /OCEAN CITY TODAYPAGE 10 SEPTEMBER 2022 AANADVA NT ANNE-MARIE BOROB & 4437837654Phone# 443 783 7654 11551 Coastal Hwy • Ocean City MD 21842 410-723-3600Office: RealtyRE/MAX ambouseoc@gmail.comAdvantage Licensed in MD & DE
REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS /OCEAN CITY TODAYSEPTEMBER 2022 PAGE 11
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Single-family home sales down 5.5 percent USLIKEON410-208-9200 • 800-337-7368 • 11065 Cathell Road, Ocean Pines • 8202 Coastal Highway, Ocean City • 410-723-9450 Licensed in MD, DE • www.hilemanrealestate.com • e-mail: hilemanre@aol.com Neighbors Serving Neighbors - One Home at a Time UlrichTim Associate 410-422-1441BrokerCelltimrealestate9@gmail.comTerri:410-430-6875Bethany:410-430-2602www.PO2Team.comPowerof2@PO2Team.comLicensedinMD, DE DEALWATERFRONTBEAUTIFULISLAND Large Loft, BR/2BA. Experience Island Living, Rare WaterfrontNavigablew/180 Ft. Bulkhead. Breathtaking Sunrises and Sunsets! Main Floor has Open Floor Plan - Living Room, Kitchen, w/New Granite Counters! Upper-Level Loft has 2 Spacious Rooms w/Fabulous Water Views of Tangier Sound!! Watch Boaters Sail by from the Marina. Home has Laundry Room, Double Car Garage w/High Bay Doors to Store Extra Large Items! Public Boat Ramp Less than 5 Minutes! Bring Your Boat, Jet Skis, Kayaks, Canoes. Owner Has More Renovations to Complete and will Work with Buyers to Choose Some Renovations of Their Choice! All Negotiations thru Listing Agent. Don't Let This Pass You By!! New Price! $390,000 GregNohe REALTOR®Licensedin MD & DE @gmail.comArchangelnohe443-413-3077 BrendaNohe REALTOR®Licensedin MD & DE @icloud.comBrendaSG1944410-493-3847 Debora HilemanE. OWNER/BROKERGRI&CRSLicensedinMD,DE443-235-5982CellDebbie@HilemanRealEstate.com CRS, PMN, GREEN, SRES Licensed in MD, DE 443-497-3128 Smilin4shore@comcast.netCell Lynette Bridges-Catha BEAUTIFUL WOODED LOT Ready to build your dream home. North
SoniaZaffiris Associate Broker GRI, LicensedCRSin MD, DE soniasez@aol.com410-251-6217 NEW LISTING! BradfordTerri Associate Broker,GRI BethanyDrew Associate Broker,GRI PRICE REDUCED! A BEAUTY OF A RANCHER with a desirable floor plan located on a quiet street! Concrete walkway, Luxury Vinyl Plank flooring, Two skylights and a vaulted ceiling brighten the Great Room, with atrium doors to the 3 -season room. HVAC system replaced in 2019. The large 18x16 rear deck has built-in benches and overlooks the private backyard area. Also, a Quartz kitchen counter top, utility sink & shelving in the laundry room, vaulted ceilings in all 3 bedrooms, and a walk-in closet. $369,900 WILLIAMSBURG IN OCEAN PINES! Picket Fencing, Brick Walkway, Twin Dormer Windows, Paved Drive, and Slate Patio. Freshly Painted inside &out, new carpeting upstairs. Hardwood flooring, Fireplace, Sunroom, Granite Countertops, Stainless Steel Appliances, Tile Backsplash, Tray Ceiling and a Breakfast Bar. Both upstairs bedrooms have walk-in closets. A Deck and a Storage Shed, too! $329,900 REALTOR®, GRI Licensed in 410-430-0587MD Estate.comCindy@HilemanRealCell CindyCrockett THIS HOMECUL-DE-SACSTYLISHCEDAR shines with Brazilian Walnut flooring & soaring ceilings. All new front doors, stairway carpeting, LVP Kitchen floor, SS Refrigerator and Dishwasher, and all new ductwork! Freshly painted both inside and out! Plenty of space on the wrap-around deck or the screened-in porch, overlooking your own private pond. Custom slate-hearth wood stove! The primary bedroom features parquet flooring, vaulted ceiling w/exposed beams, tiled bathroom and walk-in closet. 1 Yr Warranty & brand new roof included!WITHRANCHEROCEAN$319,900PINESGARAGE 3 BR/2 full baths, dining room (could be made to 4th screenedBR),in porch, den or TV room, eat-in kitchen. Cared for by the original owner. $339,900
of Ocean Pines-a
$84,900
LOCATION, LOCATION, LOCATION
REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS /OCEAN CITY TODAYSEPTEMBER 2022 PAGE 15
Jones
WATERFRONT HOME 3 lg BR/4BA 3-story gem! 1st level offers a great room w/custom bar and beautiful wood accent wall! Sliders open to the concrete patio steps from your brandnew dock perfect for crabbing (Bulkhead- brand new)! 2nd level you'll find a family room, kitchen/dining area w/sliders that open to a large deck overlooking the canal. 2 lg BR/2BA complete the second floor. 3rd level is the perfect owner's retreat w/a bedroom/bath and separate area perfect for a home office, gym or sitting area! You'll love the views from the 3rdfloor balcony. Lg storage garage and rear shed make the perfect place for storage. Boat lift being sold AS IS. $759,900
3BR/3BA DREAM HOME! Cathedral ceiling w/skylights, gas fireplace, and laminate flooring. Large eat-in kitchen w/lots of cabinet space and glass accents, granite countertops, some SS appliances, and a pantry. Sunroom offers tile flooring, built-in cabinets, and a beadboard ceiling. 1st level flex space could be primary suite/office. 2nd floor primary suite highlights a vaulted ceiling w/a skylight. Primary bath has a walk-in shower w/tile surround and rain showerhead. 2nd and 3rd bedrooms have carpet throughout and great natural lighting. Deck off 3rd bedroom has been converted into a finished flex room; Laundry room and 2-car garage are additional amenities. $621,900
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Phoenix reported the highest increase in the share of homes that had their prices reduced compared to last year (+31.8 percentage points), followed by Las Vegas (+28.6 percentage points) and Austin (+27.8 percentageSingle-familypoints).home sales declined to a seasonally adjusted annual rate of 4.31 million in July, down 5.5 percent from 4.56 million in June and down 19.0 percent from one year ago. The median existing single-family home price was $410,600 in July, up 10.6 percent from July 2021. Existing condominium and co-op sales were recorded at a seasonally adjusted annual rate of 500,000 units in July, down 9.1 percent from June and down 29.6 percent from one year ago. The median existing condo price was $345,000 in July, an annual increase of 9.9 percent. Regional Breakdown Existing-home sales in the Northeast slid to an annual rate of 620,000 in July, down 7.5 percent from June and 16.2 percent from July 2021. The median price in the Northeast was $444,000, an increase of 8.1 percent from the previous year. from 9 Gate residential community nestled on Maryland’s Eastern Shore in Northern Worcester County, featuring more than nine miles of waterfront property on 3,000 acres of wooded areas. Amenities include a beachfront restaurant in Ocean City, and a public Yacht Club in Ocean Pines. There are also (5) pools, (2) marinas, a premier racquet sports complex, and a Robert Trent Sr.-designed championship golf course. Established in 1968, today the community has 8,452 platted lots and is home to 12,000 FT residents and 8,000 PT residents and guests. Buyers should do their own due diligence to measure property and confirm all information to their satisfaction including but not limited to schools, sizes, tax information.
All-cash sales accounted for 24 percent of transactions in July, down from 25 percent in June, but up from 23 percent in July 2021. Individual investors or secondhome buyers, who make up many cash sales, purchased 14 percent of homes in July, down from 16 percent in June and 15 percent in July 2021. Foreclosures and short sales represented approximately 1 percent of sales in July, essentially unchanged from June 2022 and July 2021. According to Freddie Mac, the average commitment rate for a 30-year, conventional, fixed-rate mortgage was 5.41 percent in July, down from 5.52 percent in June. The average commitment rate across all of 2021 was 2.96 percent. Realtor.com’s Market Trends Report in July shows that the largest year-over-year median list price growth occurred in Miami (+36.2 percent), Memphis (+32.7 percent) and Orlando (+28.4 percent).
Less than 1.5 miles from the beach, along w/easy access to everything. Spectacular coastal 4BR/3.5BA twin unit. First floor has beautiful hardwoods, large kitchen w/stainless steel appliances and granite counter tops. Enjoy the views of the pond from the back deck. Maintenance-free deck has open decking and a screened in porch. Second floor offers large primary bedroom and bathroom, and 2 additional large bedrooms and another full bath. Third floor offers another large bedroom and full bathroom. Third floor has a private sun deck. Home has 3 zoned HVAC systems. Property also has a well for the irrigation system. Enjoy a 2-minute walk to the Assawoman Trails or enjoy the Kayak launch nearby. Everything is very close. $599,900
Continued
“Over
-Megan Schlitt the years we have developed an excellent and successful working partnership with Kim and Century 21 New Horizon [since 2005]. I believe that you can do the same!” C.
READY TO MAKE THE SWITCH AND SEE FOR YOURSELF? KIM LOONEY Owner PAULA LEEPER Vacation Specialist kim@century21NewHorizon.com paula@century21newhorizon.com BARBIE DAVIS Vacation InspectionSpecialistSpecialist barbie@century21newhorizon.com
REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS /OCEAN CITY TODAYPAGE 16 SEPTEMBER 2022 CENTURY 21 New Horizon 8606 Coastal Highway, Ocean City, Maryland 21842 410-723-4500 • 800-369-0101 • www.Century21NewHorizon.com Each CENTURY 21 Office is Independently Owned and Operated. This is not intended to solicit if you are currently listed with another REALTOR® SUMMER IS COMING TO AN END! WAS YOUR CHECKLIST COMPLETE? ® BOOKED SUMMER CALENDAR? EFFICIENT RESPONSE TIME FROM YOUR PROPERTY MANAGER? GREAT CUSTOMER SERVICE TO KEEP YOUR GUESTS HAPPY? COMPLETION OF MAINTENANCE ISSUES AND REQUESTS? • A Word From Our Homeowners • “Thank you SO very much for all of your above and beyond help and customer service! Your business’ personalized support truly stands out, and is hands down what led me to selecting Century21 to partner with for our rental management services moving forward!” -Lindsay Johnson “As we approach 15 years of service in managing the summer rentals of my house in Ocean City, Maryland, I want to express my gratitude for the excellent support you have provided to my rental program. You have been consistently responsive to my requests, and have responded quickly to requests for repairs and other needs as the occasion presents. If I live another 15 years, Century 21 New Horizon Realtors will continue to be my agent.”
-Frank
“Century
-Glenn Slocum 21 New Horizon is a top-notch rental agency, providing unit owners and renters personable and efficient service. As a unit owner, Century 21 has always been consistently responsive to not only our needs but to the renters as well. They are by far the most hands-on and customer focused rental agency in Ocean City, Maryland. Make Century 21 your #1 choice for reserving a beach rental. You will be assured to have a perfect and enjoyable vacation!”
And
REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS /OCEAN CITY TODAYSEPTEMBER 2022 PAGE 17 CENTURY 21 New Horizon 8606 Coastal Highway, Ocean City, Maryland 21842 410-723-4500 • 800-369-0101 • www.Century21NewHorizon.com Each CENTURY 21 Office is Independently Owned and Operated. This is not intended to solicit if you are currently listed with another REALTOR® TERRY LOONEY Broker, terry@terrylooney.com410-726-7689REALTOR® 501 DECATUR HOUSE 1201 ATLANTIC$329,900AVENUE
Located in the true heart of Ocean City, Maryland. Plenty of light in this end unit facing south and overlooking the sun, surf, beach, and the famous ocean boardwalk. So many choices when you step out your door, whether it is to bask in the sun, walk on the beach, stroll the boardwalk, or visit all the local shops and eateries. Park your car in your assigned parking space and you may not even use it till you leave. This unit has had a facelift with a new countertop, freshly painted & new vinyl plank flooring throughout. Even the kitchen cabinets got a new painted fresh look. The appliances in the kitchen are stainless steel. The owners are the original owners and they only used it for their own personal use. So, what are you waiting for?
CENTURY 21 NEW HORIZON WOULD LIKE TO WISH A SAFE AND HAPPY LABOR DAY! Right now, we are experiencing an exceptional market and inventory is low, so if you are considering selling, and you would like to know what your property is worth today, please contact one of our experienced Sales Associates for a free market analysis. CALL 410-723-4500 PRESS 1 FOR SALES Terry LooneyMatt Bogdan Palma Devic Paul Faulstich Lauren Waesche
The American Society of Home Inspectors defines a home inspection as an objective visual examination of the physical structure and systems of a house. Inspectors will conduct visual examinations from the roof to the foundation of the home. Additional structures on the property, such as sheds or detached outdoor living areas, are not typically included in the examination.
REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS /OCEAN CITY TODAYPAGE 18 SEPTEMBER 2022
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The ASHI notes that inspectors will examine the condition of various parts of the home. The heating system, central air conditioning unit, interior plumbing and electrical systems, roof (though inspectors will not climb onto the roof), attic and insulation will be examined. Inspectors also will examine walls, ceilings, floors, windows, doors, the foundation of the home, basement (or crawl space), and structural components.
A home inspection is a vital component that can help buyers make the most informed decision possible. Forgoing an inspection can leave buyers vulnerable to potentially costly repairs and issues with a home that might have been detected with a proper home inspection. In addition, some lenders insist that buyers have home inspections conducted before they will allow them to borrow money.Home inspections can protect home buyers as they prepare to make the most significant financial investment of their lives. Coastal H Coldwell Banker. All Rights Reserved. Coldw Coldwell Banker® System is comprised of company o which are independently owned and operated. Cold If your home is currently listed with anot Suite D City, MD 21842 Banker and the Coldwell Banker logos are trademarks of Coldw owned offices which are owned by a subsidiary of Realogy Brokerag dwell Banker System fully supports the principles of the Fair Housin ther broker, please disregard. It's not our intention to solicit the offe Banker Real Estate LLC. The e Group LLC and franchised offices g Act and the Equal Opportunity Act. rings of other agents.
The process of buying a home can be unlike any experience prospective buyers have ever had. After finding a home they like and coming to an agreement on a sale price with the seller, buyers can expect to add many items to their to-do list. One of the first things to jot down on that list is scheduling a home inspection. Home inspections are a vital part of the home buying process. Such inspections can protect buyers as they’re on the cusp of making what will likely be the most significant investment of their lives. Understanding the home inspection process can help buyers during an exciting yet potentially nerve-wracking time in their lives.
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Can a home fail inspection? Homes cannot fail home inspections, which are just assessments of a home’s existing condition.
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Do I really need a home inspection?
©2022
What is a home inspection?
Municipal inspections are separate inspections conducted by government agencies to verify that a property is in compliance with local codes. Home inspectors will provide detailed reports describing the condition of a home and indicate if any repairs are in order.
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Home inspections can save buyers plenty 12720 Ocean Gateway, Unit 3 • Ocean City, MD 21842 www.ironvalleyoceancity.com • Office: 443-205-4007 • 302-541-8787 COME SEE OUR NEW OFFICE IN WEST OCEAN CITY! WE’D LOVE TO MEET YOU! Unlimited Stunning Sunsets Included! Taammy T y Mobile: 410-320 Web: FindEmail:www.ocmdtammy.mMeOnFace y $1,375,0 Medlock Medlock -4008 • Direct: 410-723-6090 • Office: dbeachhomes.comedlock@cbmove.combook:https://www.facebook.com/tamSaLi 000 m410-524-1203ymedlockrealtor/REALlesAssociate,LTTOR®, RSPS censed in MD & DE 12207
What do inspectors examine?
REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS /OCEAN CITY TODAYSEPTEMBER 2022 PAGE 19 WANYWHESOECL ARE,E ANYTIME. c . mind tof our buy Title brernoy ellin ring a uniqu ing & s onocessenieve c ng pr y! ace & peenctoda OCOUR LYO Jo Y OCEAN CITY Josh Greene sh@easterntitle.com240403128 PAATITLE COMP 11113 OceanMt NY wned and operLocally o raated anklin Meadows Lane Pines, MD 21811 ntitle.comeas er240 403 128
REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS /OCEAN CITY TODAYPAGE 20 SEPTEMBER 2022 REALTORS® are members of the National Association of REALTORS® AGH Forensic Nurse Examiners (FENS) Art League of Ocean City Atlantic Club Atlantic General Hospital Foundation -Campaign for the Future Beyond Your Walls, Inc. Chesapeake Housing Mission Coastal Hospice: The Macky and Pam Stansell House Community Players of Salisbury Cricket CrisfieldCenterArtsand Entertainment District Crisfield Volunteer Fire Department EasternDiakoniaShore Alzheimer's Association Eastern Shore Pregnancy Center Eastern Shore Running Club Scholarship Fund Epoch Dream Center GOC Chamber of Commerce Foundation Grace HabitatCenterforHumanity of Wicomico County Habitat for Humanity of Worcester County Help and Outreach Point of Entry (HOPE) Hope 4 Recovery Hope And Life Outreach (HALO) Humane Society of Wicomico County Humane Society of Worcester County Junior Acheivement of the Eastern Shore Life Crisis Center Lower Shore Land Trust Maryland Food Bank of the Eastern Shore Mid-Atlantic Symphony Orchestra Most Blessed Sacrament School Ocean City Power Squadron Parsonsburg Volunteer Fire Department Rackliffe SalisburyHouseChristian School Salisbury Neighborhood Housing Tim Kennard River Run United Needs & Abilities United Way of the Lower Eastern Shore Village of Hope Wall that Heals (Veterans Memorial) Wicomico Child Advocacy Center (CAC) Wicomico County Parks & Rec/CFES Wicomico Environmental Trust Wicomico Grows Kindness Wicomico Libraries Reader Van Worcester County Veterans Memorial at Ocean Pines Worcester Goes Purple Worcester GOLD Worcester Youth and Family Counseling Services Wyatt's Warriors Foundation Young Life Salisbury These are the organizations we have supported. 314 Franklin Ave., Berlin MD 21811 www.CoastalRealtors.org Ask your Coastal member to apply for your non-profit grant. These are the organizations we have supported.
REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS /OCEAN CITY TODAYSEPTEMBER 2022 PAGE 21 Maryland Associate Broker Delaware Broker SERVING THE MARYLAND AND DELAWARE BEACHES LOCAL EXPERIENCED TRUSTED TWO LOCATIONS TO SERVE YOU BETTER BERLIN,19sheppardrealty.comNMAINST.MD21811410-629-02007802COASTAL HWY. OCEAN CITY, MD 21842 410-723-7077 20+ MILLION SOLD IN 2021! CALL JENNY FROM THE BEACH Jenny H. Sheppard 443-783-0299 workofficebath32appliances.steelstainlessthroughout..floorshardwood3BR/2BAx36polewithandout room. Walk to Burley Oak Brewery! Offered at $489,900 3BR/2BA well maintained home with a spacious rear 3-season room and one-car garage! RENTALS Looking for VIP Treatment for your guest? Look no further than the locally owned and operated Sheppard Realty Rentals! Our properties stay booked due to the high quality cleaning each property receives and five star reviews like this one from Natasha: VIP Property Management YOUR LOCAL RENTAL CONNECTION 15% FULL SERVICE LISTING FEE! “Absolutely the best place in OC! Steps from the beach. Place is so comfortable, clean and have everything I needed for me and my daughter. Kelly communicates so fast and so helpful with everything.We can’t wait to stay here again. You can’t beat this price, location and a place!!!” - Natasha Please call Kelly today at 302-420-0708 for your FREE Rental Property Assessment! kelly@sheppardrealtyrentals.com 203 GRAHAM AVENUE • BERLIN 18 WESTMINSTER DRIVE • BERLIN Offered at $354,900 Call Jenny From The Beach Today! Call Jenny From The Beach Today! Offered at $389,900 Last building lot available in Whispering Woods! Minutes to Assateague Island and Ocean City Beaches! Public water and sewer hookup available; close to shopping and restaurants! 19 DECATUR STREET • BERLIN LOT 38- WHISPERING WOODS DR • OCEAN CITY Offered at $184,900 Call Jenny From The Beach Today! Call Jenny From The Beach Today! One of the last lots left in Piney Island! Build developments!prestigiousCounty'slotondreamyourhousethiswoodedinoneofthemost Offered at $180,000 SALISBURY ROAD • OCEAN CITY Offered at $119,900 Call Jenny From The Beach Today! Call Jenny From The Beach Today! One-level 3BR/2BA home in Gull Creek Estates! Updates to property (2016) include new roof, AC, hot water heater, ss kitchen appliances, quartz counter tops, bathrooms, and solid oak wood floors! 2-car garage, rear deck, and spacious backyard! UNDER CONTRACT IN 4 DAYS! UNDER CONTRACT IN 2 DAYS! 10661 PINEY ISLAND DR • BISHOPVILLE Building lot in West Ocean HerringcatchAcres.andRd.theviews,StunningCity.sunsetalmosttoendofSalisburyLotis50’across40’Deep,0.21BuildupandglimpsesofCreek. Focused on Being The Best, Not The Biggest HAS YOUR RENTAL COMPANY OUTGROWN YOU??? Now accepting rentals for the 2023 season! Switch today and support the hard working locals! www.sheppardrealty.com/owners
REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS /OCEAN CITY TODAYPAGE 22 410.723 Helene@ Helene contact .2000 Off BeachSettle Parks R ice ments.com ichardson
REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS /OCEAN CITY TODAYSEPTEMBER 2022 PAGE 23
REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS /OCEAN CITY TODAYPAGE 24 SEPTEMBER 2022 J AMIE C AINE Associate Broker 410-726-0725 | 410-723-8520 | JamieCOCMD@gmail.com Search All Active Listings At: www.jamiecaine.com The property information herein is derived from various sources that may include, but not limited to, county records and the Multiple Listing Service and it may include approximations. Although the information is believed to be accurate, it is not warranted and you should not rely upon it without personal verification. Real estate agents affiliated with Coldwell Banker Realty are independent contractor agents and are not employees of the Company. ©2022 Coldwell Banker Realty LLC. All Rights Reserved. Coldwell Banker Realty LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Operated by a subsidiary of NRT LLC. Coldwell Banker, the Coldwell Banker logo, Coldwell Banker Previews International and the Previews logo are registered service marks owned by Coldwell Banker Realty LLC. 07/15 12207 D Coastal Highway Ocean City, MD 410-524-120321842 Knowledge Experience • Long History of Selling Ocean City • Handled Over 97 Transactions in 2020 • Over 40 Million in Gross Sales in 2021 • Personalized Hands-On Service LIST With Me To Get Your Property SOLD! LIST with a LEADER • 4BR/3.5BA • 2500+ Sqft • Open Concept • WATERFRONT • Lg back deck upstairs & main level $2,250,000 313 TUNA LANE • OCEAN CITY 13027 OLD BRIDGE ROAD • OCEAN CITY • 4BR/4 FULL BA/2 HALF BA • Custom Built by Joe Dashiell • Custom Design & Décor • Ocean City Skyline views • Located in West Ocean City $2,099,000 Starting at $429,999 •Waterfront home •2-car garage •Boat •FormalDockDining & Living Room •Gas Fireplace in Family Room •Close to MD & DE beaches $729,900 37800 SALTY WAY E • SELBYVILLE, DE PRICE REDUCED • Open Bay access • Lg Boat Dock w/12000lb boat lift • Upgraded Kitchen • 1st & 2nd level Lg Primary Suites • 2-Car Garage • “The Shell House” • True BAYFRONT Cape Cod • Located in North Ocean City - Caine Keys II • Lg Backyard, Sunroom, Back Patio • 4BR/3BA + office space • 2400 Sqft • 40+ ft Deep Water Boat Dock • 2-zone heat pump system • Close to MD & DE beaches $1,950,000 10607 POINT LOOKOUT RD • OCEAN CITY 27 & 34 SOUTHHAMPTON DRIVE • BISHOPVILLE • Lighthouse SoundGolf Course Community • Residential Building Lots • Beautiful Bayview • Close to Beaches, Restaurants and Shopping • Possible Owner Financing • Lighthouse SoundGolf Course Community • Residential Building Lots • Beautiful Bayview Close to •RestaurantsBeaches,andShoppingPossibleOwnerFinancing
