January 2014 Real Estate Guide

PAGE 2

JANUARY 2014

REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS/OCEAN CITY TODAY

Real Estate

INDEX

THE COASTAL REAL ESTATE RESOURCE Coastal Association of Realtors/Ocean City Today

Published monthly by Ocean City Today for the Coastal Association of REALTORS. Advertising in this publication is limited to members and affiliated members of the Coastal Association of Realtors.

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.

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.

The COASTAL ASSOCIATION OF REALTORS is located at 314 Franklin Avenue, Suite 106 • Berlin, MD 21811. Phone: 410-641-4409. On the Web: www.coastalrealtor.org OCEAN CITY TODAY is the leading newspaper publisher on the Maryland coast, with Ocean City Today publishing weekly on Friday and Ocean City Digest publishing on Thursday and Real Estate, the Coastal Real Estate Resource publishing monthly. Ocean City Today is located at 8200 Coastal Highway, Ocean City, MD 21842. Office hours are 8:30 a.m. to 5 p.m., Monday - Friday. Phone: 410-723-6397. On the Web: www.oceancitytoday.net Publisher ................................................ Stewart Dobson sdobson@oceancitytoday.net Assistant Publisher .................................... Elaine Brady ebrady@baysidegazette.com Account Representative ....................... Mary Cooper mcooper@oceancitytoday.net Account Representative ............................ Shelby Shea shelby@oceancitytoday.net Advertising Assistant .............................. Megan Elkins megan@oceancitytoday.net Senior Designer ........................................................................................ Susan Parks Graphic Artist ................................................................... Kelly Brown, Kaitlin Sowa, ........................................................................................................ Debbie Haas Comptroller .............................................Christine Brown cbrown@oceancitytoday.net

410-723-6397

WWW.OCEANCITYTODAY.NET

Nanette Pavier

Nanette Pavier/Holiday Real Estate.............................. Page 2 Linda Moran/Prudential PenFed ................................. Page 3 Debbie Bennington/Prudential PenFed ....................... Page 4 Sally Stout/Prudential PenFed..................................... Page 5 Jim Prete/Prudential PenFed........................................ Page 5 Mickey Lobb/Prudential PenFed.................................. Page 6 Marlene Ott/ReMax Crossroads ................................... Page 6 Bill Nielander/Stephen Cain/Long & Foster................. Page 7 Long & Foster ............................................................... Page 8 Mary McCracken/Long & Foster.................................. Page 9 Bunting Real Estate .................................................... Page 10 Kim Lucido-McCabe/Fritschle Group........................ Page 10 Nick Bobenko/Fritschle Group................................... Page 11 Power of Two/Hileman Real Estate ............................ Page 12 Hileman Real Estate ................................................... Page 13 Shamrock Realty Group ............................................. Page 14 George Rines & Jennifer Cropper-Rines/CBRB.......... Page 15 Nancy Reither/CBRB ................................................. Page 16

2014 IS THE YEAR TO BUY ~ BUY NOW AND ENJOY YOUR HOME THIS SPRING! ERA Top Agent Award For Updated Prices & More Listings: Call 443-235-3498 Scan code or Visit my Website

Cell: 443-235-3498 Main Office: 7700 Coastal Hwy., Ocean City, MD 410-524-7700

UN

CT

CO

Deeded Dock w/ Boat & Ski Lifts Water Views & Over 3,000 sq ft Huge Master Suite Great Amenities

MLS 481450

Newark Indian Trail Lots

LD

SO Harbour Club 8H 2BR/2BA Affordable Well Cared For 2nd Floor Unit Outdoor & Indoor Pools Fitness Center

MLS 480359

Ocean Front Golden Sands

142 Feet Bulk head on Unique ½ Acre Lot Boat & Jet Ski Lift in Protected Deep Water

MLS 487430

Beautiful Cleared Estate Size Lots With 3 to 9 AC Close to Berlin, Snow Hill & Public Landing

MLS 476028

216 N Heron #3 Townhouse 4BD/3.5 BA & Boat Slip Direct Bay Front Fabulous Views Large deck & walkout to docks Bay Front Master Wonderful Amenities

MLS 485545

43rd St Sea Brite #3 DER

Lot #10 - 3 Acres

Large Waterfront Sunroom

MLS 466024

A NTR

223 N Heron Dr 4BR/3.5 BA

Cozy Family Room with Fireplace

Great Investment Propert y!

4 Apartments - each with 2 Bedrooms & 1 Bath Updated Interiors & Windows Central Heat & AC Just steps to the beach!

2nd Floor Ocean Views Proven Rental Income 12004 Assawoman Dr. –121st St.

Heron Harbour 120th St - Homes, Townhomes & Condos - Outdoor & Indoor Pools

DER

A must see! Impressively constructed custom home with attention to many details & many upgrades.

Big yard with room for a pool or garden.

Ocean Block 4 UNIT APARTMENT Complex

WWW.OCEANCITYMDCONDOS4SALE.COM

Water Front Ocean Pines in Pintail Point

36 North Pintail Drive 3BR/2.5 BA 3,500 Sq Ft

OF ADVERTISERS

Unit 10 08 1 BD /1BA Great Ocean View Terrific amenities -indoor & outdoor Pools, game room, Fitness and tennis

MLS 487673

UN

CT

A NTR

CO

Ocean Block 2 BD/1 BA Lowest Priced 2 Bedroom Ocean Block, Close to Convention Center & Beach.

Priced to Sell: $161,500

MLS 482307

Harb our Club 8D 2BR/2BA Gorgeous Unit Many Upgrades New Appliances Gas Fireplace You’ll Adore it!

MLS 486211

Lighthouse Village 143rd

North OC 1BD/1 BA Unit Lowest Priced 1 Bedroom with updated kitchen.

Close to Harpoon Hanna’s.

Priced to Sell: $90,000

MLS 483556

JANUARY 2014

TEAM MORAN 443-614-2261 Linda 443-614-3307 Marty 443-856-8072 Claudia 443-695-4324 Buddy 443-528-7945 Holly T OR

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PAGE 3

REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS/OCEAN CITY TODAY

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$550,000 FEL -10-*.

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Bayside Waterfront- 717 Rusty Anchor Rd. #1

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Direct Oceanfront-High Point North - 11400 Coastal Hwy M6

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Escape Point - 12 39th St A1

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$435,000 FEL -10.)-

Search the Local MLS at www.OCBeachPlace.com or www.LindaMoran.com Š 2012 Prudential PenFed Realty is an independently owned and operaed broker member of BRER Affiliates Inc. Prudential. The Prudentiallogo and the Rock symbol areregistered service marks of Prudential Financial, Inc. and its related entitles, registered in many jurisdictions worldwide. Used under license with no other affiliation of Prudential.

Equal Housing Opportunity, PenFed membership is not required to conduct business with Prudential PenFed Realty.

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Success seen by drop in inventory REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS/OCEAN CITY TODAY

PAGE 4

Steady fall in homes for sale also means market climbing back to normal ZACK HOOPES â&#x2013; Staff Writer

(Dec. 13, 2013) Since the bursting of the real estate bubble roughly six years ago, dealing with the housing market has been like dealing with a petulant toddler â&#x20AC;&#x201C; you have to manage its expectations.

In the resort area, those expectations have made a complete turnaround from where they were a decade or so ago. Gone are the days where market health was measured by home values and new growth.

Instead, success today is measured by the gradual depletion of housing inventory, and the movement of properties that have been stagnated since the bottom dropped out of the market. Based on this rubric, the industry is showing new vitality. â&#x20AC;&#x153;There were times when we had 20 months of inventory just sitting,â&#x20AC;? said Susan Megargee, president of the Coastal Association of Realtors. â&#x20AC;&#x153;Inventories have reduced and sales have gone up. What people are telling me is that theyâ&#x20AC;&#x2122;re busy.

Theyâ&#x20AC;&#x2122;re out showing houses right now.â&#x20AC;?

According to CARâ&#x20AC;&#x2122;s data, the total number of condo listings in Worcester

County as of the end of November 2013 is down 4.4 percent from November 2012, to 960 properties. Conversely, the number of properties under contract with a buyer are up 6.5 percent, and completed settlements up 9.5 percent.

This indicates that the crowded condo market resulting from the glut of construction during the boom years is beginning to thin out and stabilize. â&#x20AC;&#x153;We see a lot more people now who are interesting in reinvesting in the real estate market rather than going into the stock market or bond market,â&#x20AC;? Megargee said. â&#x20AC;&#x153;Once youâ&#x20AC;&#x2122;ve been to the bottom of the real estate market, itâ&#x20AC;&#x2122;s a pretty steady uptrend,â&#x20AC;? she said, noting that the boombust cycle in real estate typically runs 20 years. â&#x20AC;&#x153;Especially at the beach, we have a lot of people saying they wouldnâ&#x20AC;&#x2122;t mind having a property they could vacation at as well as investing in.â&#x20AC;?

Even stronger numbers were shown this year for the single-family home market, which was considerably less overbuilt than condominiums. Contracts are up 21.6 percent over November of last year, and settlements up 18.5.

Single-family homes in Worcester also posted an 8.1 percent increase in listings over November of last year, most of which is attributable to their more consistent resale value relative to condos, and less to new construction. â&#x20AC;&#x153;From where we went, we have a long

way to go on new construction, Megargee said. â&#x20AC;&#x153;Weâ&#x20AC;&#x2122;ll continue to see some growth, nothing ridiculous like 2005, but steady improvement.â&#x20AC;?

Realtors have also been enthused that some of the higher-end properties in the resort area have been moving. Nearly 90 percent of the condo market, by sales, is still under $400,000. â&#x20AC;&#x153;We did have five properties over a million dollars sell this year. Last year we had one,â&#x20AC;? Megargee said.

In all four of CARâ&#x20AC;&#x2122;s market segments â&#x20AC;&#x201C; condos and single-family homes, both in Ocean City and the county as a whole â&#x20AC;&#x201C; the median number of days that properties were on the market was significantly less than the average number of days.

This would indicate that, while the majority of listings tend to sell in shorter periods, a small number of listings that have been on the market for extremely long spans are pulling the average up. Most of these are high-end properties that have been on the market for years, Megargee said, and whose owners are reluctant to come down from their boom-year asking prices. â&#x20AC;&#x153;People will see the properties that are a value and theyâ&#x20AC;&#x2122;ll jump on them,â&#x20AC;? she said. â&#x20AC;&#x153;But youâ&#x20AC;&#x2122;ll also have somebody who wants to sell but doesnâ&#x20AC;&#x2122;t want to budge on the price they couldâ&#x20AC;&#x2122;ve gotten in 2005.â&#x20AC;?

Those properties that sell at or below the median time span â&#x20AC;&#x201C; 54 days for con-

JANUARY 2014

dos in the county as a whole, per instance â&#x20AC;&#x201C; typically get 95 percent or better of their asking price, Megargee said.

Those properties above the median selling time, she said, average at only around 80 percent of their initial asking price.

Housing inventory Worcester

Nov. 30 2013 â&#x20AC;&#x201C; 1,668 2012 â&#x20AC;&#x201C; 1740.

Jan. 31 2013 â&#x20AC;&#x201C; 1,560 2012 â&#x20AC;&#x201C; 1,949.

2011 â&#x20AC;&#x201C; 2,234 2010 â&#x20AC;&#x201C; 2,499

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LOT LOT 93 MAID AID A AT T ARMS LN

Beautiful 3BR/2BA nestled in the woods. Cathedral ceilings, skylights, gourmet style kitchen, FP, custom paint, oversized 2-car garage w/pull down attic stairs.

Master suite & bath w/jetted tub & sep. shower. 3 season rm w/FP & vinyl tech windows. Deck w/built in gas grill, fenced yard & shed. Recently painted. $229,000

Beautifully furnished 6BR/2.5BA with gorgeous OC skyline sunrises.

Corner lot in W West est OC. 3 levels of spectacular waterfront living. HW Ă&#x20AC;RRUV )3 FXVWRP SDLQW XSGDWHG EDWKV QHZ NLWFKHQ DSSOLDQFHV QG Ă&#x20AC;RRU PDVWHU VXLWH SULYDWH EDOFRQLHV Z ZD ZDWHUIURQW YLHZV VHDVRQ rm.w/views of canal & OC. Private dock w/deep water canal & fast access to the bayy. Walk-out basement w/garage access. Tons of storage. Must see home to believe itâ&#x20AC;&#x2122;s beauty and location!! $490,000

Absolutely gorgeous lot located in prestigious Golf Community. Build the home of your dreams. HOA fee includes all lawn maintenance & full use of the clubhouse, tennis courts, outdoor pool, marina, walking distance to Ruth Chris Restaurant. Gated community only minutes from Assateague & Ocean City beaches! Bring all offfers fers ready to sell now!

Glen Riddle Riddle

Ocean Pines

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11960 W. W. WAR DANCER DANCER LN 1 103 3BR/3.5BA townhome in Glen Riddle community features HW Ă&#x20AC;RRUV VLGHG ÂżUHSODFH NLWFKHQ Z XSJUDGHG FDELQHWV DSSOLDQFHV private deck, sunroom, master suite w/ sitting room. Amenties of Glen Riddle: golf, boating, marina, clubhouse w/ outdoor SRRO ÂżWQHVV FHQWHU ELOODUGV DUWV FUDIWV URRP IRU FKLOGUHQ ZLÂż more. You deserve this lifestyle! Aggressively priced ced for offfers! fers!

$338,000

PINES POINT MARINA MARINA

Premium 24â&#x20AC;&#x2122; Boat Slip with Floating Dock at Pines Point Marina in Ocean Pines. Slip accommodates 26â&#x20AC;&#x2122; Boat.

Water, electric, insurance, Common area maintenance & parking included in yearly Condo Fee. Convenient ship store for supplies, on site boat repair service.

Quick access to Bay & Ocean. OK to lease out boat slip as investment. Adds value to home, condo! $12,500

Debbie Debbie Bennington

PRICEED REDUC

$1 $118,900 18,900

31 HA HATTERAS ATTERAS TTERAS ST. ST T..

Stunning 3BR/3BA A w/ cathedral ceilings, new carpet, master suite, HDW LQ .LWFKHQ HOHFWULF ÂżUHSODFH loft. Some of the furnishings are negotiable for sale. Priced to sell quickly so schedule an appointment! $239,000

13 S FT FT. T.. SUMTER

Egret model, 3BR/3BA A boasts cathedral ceilings, custom paint, bay window LR, window treatments, custom tile EDFNVSODVK LQ NLWFKHQ +: Ă&#x20AC;RRUV FURZQ molding, double pantries, double FP, sunroom, hardscape patio & fencing.

Master suite w/tray ceilings & double crown molding, upgraded master BA. Newer heat pump & HW, extra storage in garage. This is a one of kind. $234,000

LOT LOT 91 MAID AID AT AT ARMS LN

Oversized corner buildable lot only minutes from beaches!

Gated community includes stunning community center Z IXOO ÂżWQHVV FHQWHU SRRO WDEOHV FRPSXWHU FHQWHU *ROI membership & full use of clubhouse. Buyer may use any builder & design must be approved by the HOA. Aggressively priced lot for location and lot size size.. $164,900

5 BR BRUSH USH ISLAND CT

Prudential Prudential PenFed P PenF enFed Realty Reealty

RealtorÂŽ ealtor SFRÂŽ 11001 Manklin Meadows Lane, Ocean Pines, MD debbennington@hotmail.com 410-208-3500 x308 2IÂżFH Â&#x2021; 410-603-8065 &HOO Â&#x2021; 866-666-1727 Â&#x2039;%5(5 $IÂżOLDWHV ,QF $Q LQGHSHQGHQWO\ RZQHG DQG RSHUDWHG EURNHU PHPEHU RI %5(5 $IÂżOLDWHV ,QF 3UXGHQWLDO WKKH 3UXGHQWLDO ORJR DQG WKH 5RFN V\PERO DUH UHJLVWHUHG VHUYLFH PDUNV RI 3UXGHQWLDO )LQDQFLDO ,QF DQG LWV UHODWHG HQWLWLHV UHJLVWHUHG LQ PDQ\ MXULVGLFWLRQV ZRUOGZLGH D8VHG XQGHU OLFHQVH ZLWK QR RWKKHU DIÂżOLDWLRQ ZLWK 3UXGHQWLDO (TXDO +RXVLQJ 2SSRUWXQLW\ 3UXGHQWLDO 3HQ)HG 5HDOW\ LV LQGHSHQGHQWO\ RZQHG DQG RSHUDWHG PHPEHU RI %5(5 $IÂżOLDWHV ,QF 3HQ )HG PHPEHUVKLS LV QRW UHTXLUHG WR FRQGXFW EXVLQHVV ZLWK 3UXGHQWLDO 3HQ)HG 5HDOW\\

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Drastic Price Reduction & Move Ready! Spacious acious 3BR/2BA A w/ oversized LR, eat in kitchen open to )5 H[WUHPHO\ OJ ÂżUVW Ă&#x20AC; PDVWHU VXLWH Z soaking tub, walk in closet. Upgraded conditioned crawl space A must see! Enjoy the lifestyle you deserve now! Priced to sell! $228,000

JANUARY 2014

Sally Stout REALTOR®

Jim Prete REALTOR® Office: 410-208-3500 • Cell: 443-497-6377 Fax: 410-208-3501 • Jimprete@gmail.com www.jim.prete.pcragent.com

Direct: 410-726-3506 E-Mail: sallytoddrealtor@yahoo.com Website: SallyToddStout.com

20 LEIGH DRIVE, OCEAN PINES

NT

4BR/2BA waterfront in Ocean Pines. Features large open kitchen 10 ft. ceilings, oversized 2 car garage, 2 gas fireplaces, professional landscaping with koi pond, upgraded boat lift w/ additional pier, composite decking w/ views of canal & bay.

MLS: 485301

FRO R E T WA

$779,000

!

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$192,900

7 BURR HILL DR, OCEAN PINES

4BR/ 2.5 BA on quiet cul-desac in Ocean Pines North Gate. Charming home features LARGE family room w/ bar, fireplace, LR w/ fireplace, DR, kitchen w/pantry, rear patio, rear deck, sun porch.

Upstairs master suite has jetted tub, separate shower, 2 walk in closets.

DU

RE

$219,900

T

ON

$649,000

Charming & functional!

Spacious eat in kitchen w/ newer appliances & plenty of storage. LR w/ arched brick doorway & woodstove.

3 BRs including a master suite w/ private bath. Lg rear screened deck overlooking fenced backyard. Front deck.

Attached garage & pull down attic. Heat pump 3 years old. MLS: 486849

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$624,900

104 13TH ST 31, OCEAN CITY

$349,900

!

CED

DU

RE

$309,900

4BR/ 2.5 BA beautiful home on oversized lot in Ocean Pines South Gate. Inside features entry foyer w/ hardwood floors, cathedral ceiling, fireplace. Updated Kitchen w/ granite, tile, newer appliances.

New carpet throughout. Attached two car garage. Rear deck, fenced area, gazebo w/ hot tub.

4 BR/ 2 BA completely redone and fully furnished condo with the best view! Open floorplan, updated kitchen with stainless appliances, views of the 18th green, pond and clubhouse.

MLS: 485163 $189,999

6 GALLEY LN, OCEAN PINES

T

TER WA

3 BR Waterfront Condo. Extra lg back yard. Direct water frontage to Marina. Water views from the living room, eat in kitchen, & master BR. 1st fl master & 2 guest rooms. Corian counters, upgraded flooring. Transferable golf membership included. High end custom window treatments, 1 car attached garage. Perfect summer home or year round condo. Condo fee includes flood insurance.

!

CED

DU

RE

$234,900

4BR/3BA home on cul de sac.

New carpet, paint & kitchen appliances. 1st fl has lg LR & DR as well as 2 BRs including a master suite, walk in attic storage. Partially fenced yard w/rear deck & screened porch, storage shed, carport, attached garage. 100% financing available to qualified buyers.

MLS 487284

11318 GUM POINT RD, BERLIN

10800 NAVY PAGE LN 501, GLEN RIDDLE

N FRO

Direct Bay & Ocean access! Custom 4BR/2.5BA w/ bonus room. Lg backyard. 50 year commercial grade roof, heat pumps 2 years old, see through gas fireplace. Lg screened in porch, wrap around deck. Quiet exclusive Harbor Village subdivision w/ privacy.

MLS: 485370

438 OCEAN PARKWAY, OCEAN PINES

Renovated 1st fl unit in Sea Mist. Only 1.5 blocks to the beach! Upgraded kitchen w/ stainless appliances, granite, tile, wine storage, breakfast bar, gas range, recessed lighting & tiled flooring, HW floors, updated electric w/ 200 amp service, appliances new in 2010, 1 year HMS home warranty for buyer. Condo fees 318 per month includes flood insurance.

MLS: 487214

72 BRANDYWINE DR, OCEAN PINES

$269,000

$289,900

FR TER A W

!

CED

22 BREEZEWAY LN, OCEAN PINES

Spacious rancher in the South Gate. Recently remodeled w/ new carpet, paint throughout.

New appliances in kitchen, conditioned crawl space. 3 BRs including master suite.

Converted garage for additional living room. Huge rear sunroom. Paved driveway.

100% Financing available for qualified buyers!!

MLS: 486899

33 BOATSWAIN DR, OCEAN PINES

20 WILLOW WAY, OCEAN PINES

12157 SNUG HARBOR RD, WOC Barely Used Contemporary.

5BR/4.5BA w/office & 2 Bonus Rooms! Oversized 2 Car Garage w/ room above w/private in-Law Suite. Upgrades include, HW, stainless appliances, gas fireplace. Private clubhouse featuring indoor & outdoor pools, workout center, library w/internet & billards room. Pier, kayak dock & storage facility.

MLS: 484379 $419,000

RE

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REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS/OCEAN CITY TODAY

O RFR

TE WA

NT

3BR/1.5BA Turville Creek waterfront home on 1.15 acres.

Boat dock w/ lift.

1960 beach bungalow.

Spacious kitchen, dining area, LR w/ exposed ceiling beams.

MLS: 486246

$319,900

FEATURED PROPERTY 37 Battersea Rd, Ocean Pines Lg Spacious Waterfront w/ many upgrades. Open fl plan. First & second fl Master BRs, screened porch, oversized back deck, private dock, boat lift. Newer HW, stainless appliances, new gas fireplace insert.

Newly renovated crawlspace, NEW HVAC system! Finally a large waterfront home under $700,000! A must see!

MLS: 487066

11001 Manklin Meadow Lane Ocean Pines, MD 21811 2012 BRER Affiliates Inc. An independently owned and operated broker member of BRER Affiliates Inc. Prudential, the Prudential logo and the Rock symbol are registered service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide.

Used under license with no other affiliation with Prudential. Equal Housing Opportunity .Prudential Pen Fed Realty is an independently owed and operated member of BRER Affiliates. Inc. Pen Fed membership is not required to conduct business with Prudential Pen Fed Realty.

REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS/OCEAN CITY TODAY

MICKEY LOBB, GRI

PAGE 6

Cell: 443-880-2064 Office: 410-208-3500

mickey.lobb@penfedrealty.com www.mickey.lobb.pfragent.com

Home sales drop in November but prices still showing growth

11001 Manklin Meadow Lane

Mick’s Pick of the Month

4BR/ 3.5BA, 3 story home located in Historic Berlin. Well maintained, hardwood floors, 2 MBRs, formal DR, gas fp, sunroom, stainless steel appliances, lg rear deck w/ pool, his & hers walk in closets, whirlpool tub, new heat pump & laundry room.

Professionally painted & has a fenced back yard. $329,933 To see this property on YouTube, type in 487393

Outdoor Pool

302 Esham Avenue Waterfront

Ocean Pines 3BR/2.5BA w/ Spectacular OC Skyline views w/ direct bay access on quiet cul de sac. Boat & jet ski lifts w/ extended dock, vaulted ceilings, sunroom, loft. Upgrades include: Tiger HW floors in LR/DR, Master BA, decking, hot tub, outdoor shower, newer HVAC. Comes furnished! $589,933 To see this property on YouTube, type in 486717

19 Ebbtide Court Ocean Views

Ocean City Well maintained 2BR/2BA unit located on top fl. overlooking pool w/ nice ocean views from rear balcony. Recent upgrades include HVAC,H2O Heater, W/D & bathrooms. Includes outdoor storage off balcony & 2 assigned covered parking spaces.

Steps to the beach & restaurants. $204,933 To see this property on YouTube, type in 486720

Tiffanie By The Sea Ready to Build

Berlin - Lot 1.42 Acre Lot Mobile home has been removed. Lot has working septic replaced in 2005 & is sized for 3BRs. Well Pump has been replaced. $69,933 To see this property on YouTube, type in 486717

8404 Old Ocean City Road

Be Picky, Call Mickey!

2012 BRER Affiliates Inc. An independently owned and operated broker member of BRER Affiliates Inc. Prudential, the Prudential logo and the Rock symbol are registered service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide. Used under license with no other affiliation with Prudential Equal Housing Opportunity. Prudential PenFed Realty is an independently owned and operated member of BRER Affiliates, Inc. PenFed membership is not required to conduct business with Prudential PenFed Realty.

(December 19, 2013) – Existing-home sales fell in November, although median prices continue to show strong year-overyear growth, according to the National Association of Realtors.

Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, dropped 4.3 percent to a seasonally adjusted annual rate of 4.90 million in November from 5.12 million in October, and are 1.2 percent below the 4.96 million-unit pace in November 2012. This is the first time in 29 months that sales were below year-ago levels.

Lawrence Yun, NAR chief economist, said the market is being squeezed. “Home sales are hurt by higher mortgage interest rates, constrained inventory and continuing tight credit,” he said.

“There is a pent-up demand for both rental and owner-occupied housing as household formation will inevitably burst out, but the bottleneck is in limited housing supply, due to the slow recovery in new home construction. As such, rents are rising at the fastest pace in five years, while annual home prices are rising at the highest rate in eight years.”

The national median existing-home price for all housing types was $196,300 in November, up 9.4 percent from November 2012. Distressed homes – foreclosures and

Spend Y our New Y ear At The Beach!

Check Out My Web Site: 35 Years of Service Just A Phone Call Away! www.marleneott.com CUSTOM WATERFRONT HOME

Associate Broker Email: marleneott@remax.net 11049 Racetrack Road, Berlin, Maryland 21811

Ofc: 410-641-5222 • Cell: 410-430-5743

PICTURE PERFECT IN EQUESTRIAN SHORES

384 OCEAN PARKWAY

30 LOOKOUT POINT

Screened porch/deck. Porcelain tile, great room w/gas fireplace. Dining area & kitchen w/ cathedral ceiling/exposed beams. 3 BR/2 BA Master w/ whirlpool tub/shower & closet. Kitchen w/ stainless appliances & more. New Bradford White HWH. Shared dock w/elec & water w/direct bay access. 22x12 carport, 6x8 storage shed & outside shower. Security camera, Brick patio.

A MUST SEE IN THE PARKE!

THE PRICE IS RIGHT

48 S. FORT SUMTER

26 JUNEWAY LANE Built by Rakow. 4BR/2.5 BA, Large living room w/ gas fireplace. Kitchen w/ breakfast area & tons of cabinet space. HW dining rm. 3-season room, & pool. 4BR plus 6x10 laundry room w/tile. Lg 20x15 room could be 4th BR. 24x24 garage.

15x24 rear deck.

NOW $269,000

Classic Sanderling Model w/ great Loft plus 3rd Bedroom w/ full bath. Open fl plan w/ versatile office/den. Media rm/Loft area furnished & includes 61” HDTV! Bose sound system. Lshaped rear deck (200 sq. ft). Spacious open kitchen w/ custom cabinets & 2 pantries. Twosided fp in living area, sunroom. Master BR has custom closet too!! Pines Point Marina Slip B39 available at reduced price-ask for details!

NOW $334,900

HOME WITH A HEART CE R E DU

WATERFRONT

Price reduced again if you are looking for a Great Buy... Look no further and be sure to check out this beach retreat, 4BR/2BA, sun room + dean. Awning over rear deck, nice boat dock & ground level decking. Dock ‘28 x 6’, Sold furnished except for a few personal items, large storage shed 12 x 8. Lovingly maintained by original owners.

NOW $320,900

NOW $334,000

short sales – accounted for 14 percent of November sales, unchanged from October; they were 22 percent in November 2012. A smaller share of distressed sales is contributing to price growth.

Nine percent of November sales were foreclosures, and 5 percent were short sales. Foreclosures sold for an average discount of 17 percent below market value in November, while short sales were discounted 13 percent.

Total housing inventory at the end of November declined 0.9 percent to 2.09 million existing homes available for sale, which represents a 5.1-month supply at the current sales pace, compared with 4.9 months in October.Unsold inventory is 5.0 percent above a year ago, when there was a 4.8-month supply.

The median time on market for all homes was 56 days in November, up from 54 days in October, but well below the 70 days on market in November 2012. Short sales were on the market for a median of 120 days, while foreclosures typically sold in 59 days, and non-distressed homes took 55 days. Thirty-five percent of homes sold in November were on the market for less than a month.

According to Freddie Mac, the national average commitment rate for a 30-year, conventional, fixed-rate mortgage rose to Continued on page 14

MARLENE OTT

Great Prices - Low Interest Rates - Now Is The Time!

A REAL DEAL

JANUARY 2014

D!

NEW PRICE & NEW CARPET R E DU

CED!

8251 SEA BISCUIT RD. 8251 SEA BISCUIT RD. 4BR/3.5 BA Spacious contemporary design sits on 2.63 acres in Public Landing features open floor plans w/ formal living, dining areas, Sunroom, lg family room w/gas fireplace, screened porch, deck, kitchen w/ corian countertops & custom cabinets. Unbelievable Master Suite w/2 walk-in closets, versatile sitting room sitting area, access to craft room or walk-in storage attic. Slider to upper deck w/ peaceful views of private rear yard. Short distance to public boat ramp & county park w/ pavilion, long pier out in bay.

29 BRAMBLEWOOD DR 2BR /1.5BA Tucked just inside the North Gate. Full size Washer/Dryer.

Lovely screened porch. Attached shed. Recently replaced kitchen countertops & sink. BRAND NEW 3 ductless AC/Heating units. 1 Year HMS Home Warranty. Plenty of parking too!

3 BR/2.5 BA Contemporary rancher w/ nice waterviews. Tile entry foyer. Skylight w/ cath. ceiling in living rm w/ gas f/p. Separate laundry rm. 19x19 dry-wall garage. Screen porch overlooks yard. Master BR has whirlpool tub & shower. Property abuts 33ft park easement on 1 side. 1 yr HMS home warranty included.

All new carpeting installed!

BREATHTAKING WATERFRONT IN TERN’S LANDING

CONTEMPORARY CHARM

ONE LOOK WILL DO

41 ALTON POINT

4BR/2.5BA One of a kind contemporary w/ updated kitchen & breakfast area.

New roof in 2013. Wood fl sanded, stained, varnished in 2012. Remodeled all baths recently. Apollo hotwater heat system w/ two 48 gallon gas hot water heater done in 2011-multi-zone. Paver patio in 2010, private rear yard, large rear deck. Attached storage shed.

$449,000

One look and you will fall in love with the floor plan and view! 4 BR/2.5 BA with incredible space made for gracious entertaining or quiet moments. Contemporary custom built home has 2 great rooms separated by stone gas fireplace. Hardwood & tile in living areas. Cook's delight kitchen has breakfast area & center island for casual dining. Formal dining room has wet bar. Breathtaking views from all angles. Large deck with ''hot tub'' & canopy area. Huge master suite on 1st floor has whirlpool tub and shower. Chair railing & crown molding. Three bedrooms on 2nd floor plus a loft/study bonus area. Deep water slip plus jet ski lifts all for your boating enjoyment!

$785,000

NOW $142,500

111 TAIL OF THE FOX

Serving the Berlin & Ocean Pines Communities Since 1978 Each office is independently owned and operated.

$320,000

29 TEAL CIRCLE

NOW $244,000

52 GRAND PORT ROAD

Lovely Cape Cod on wooded waterfront w/access to river & bay. 4 BR/2 BA w/all hardwoodfloors just redone. Spacious livingrm w/brickhearth/gas log f/p & updated eatin kitchen w/ceramic tile floor, new stainless appliances & granite countertops. Private family rm w/fireplace. 1st floor Master bedrm. Upstairs bonus area leads to upper deck. Large garage & boat dock. Walk to pool & tennis. 1 yr AHS Home Warranty.

NOW $449,500

JANUARY 2014

PAGE 7

REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS/OCEAN CITY TODAY

Collectively OVER 40 YEARS OF EXPERIENCE as REALTORS ® at the Beach!

“Mr. Bill” Nielander Associate Broker CRS, GRI Cell: 410-430-8783 Email: OCMrBill@aol.com

Stephen Cain Associate Broker GRI Cell: 443-783-1483 Email: stephen.cain@longandfoster.com

We Are Licensed in MD & DE to Serve All Your Coastal Real Estate Needs

NEW LISTING WITH INDOOR POOL

OCEANFRONT BUILDINGS

19TH FLOOR OFFERS GREAT OCEAN CITY VIEWS

1905 CAPRI:

CAPRI 405: Shows true "Pride of Ownership". Tile floors, bright/cheerful paint colors, stainless steel appliances, plantation shutters, ceiling fans & renovated bathrooms. $320,000

OCEANFRONT BUILDING WITH POOL

508 9400: Large, 800+ square feet, 1 bedroom condo with 1 ½ baths. Well maintained – Shows Pride of Ownership. Only steps to the pool and the beach. $199,900

2BR – 2BA Condo, Southern Exposure with a Unbelievable Panoramic View of the Ocean, Bay and City!

Bright & Cheerful, Beautifully Decorated. Rental Income $22,000+.

INDOOR POOL-FITNESS CENTER-GAME ROOM-& MORE!

$315,000

THE CAPRI #302:

3/BR, 2/BA. Remodeled bath & kitchen! Furnished, move in or rent. $314,800

GOLDEN SANDS

Amenities include: Indoor Pool, Workout Room, Game Room, Security.

STUDIOS #805 #214 AND #1009:Direct Oceanfront Condominiums

$168,500 & $169,500 & $172,000

ONE BEDROOM #906: Direct Oceanfront Condominium. Many Upgrades TWO BEDROOM #903: Direct Oceanfront Condominium.

ALL OF THE ABOVE CONDOMINIUMS HAVE GREAT RENTAL INCOME.

$250,000 $319,900

Amenities include: Indoor/Outdoor Pools, Workout Room, Game Room, Security, Cabana that serves food & drinks, etc.

PRICED TO SELL

SUNSET ISLAND GEM

GREAT PRICES

BLAIRE ISLE #101: This 2 BR, 2 BA, Oceanblock Condominium with 2 Assigned Parking Spaces is located in a Small, 18 Unit, Well Managed Association. With some personal customization you can make this condominium your place at the 104 FIFTEEN BY THE SEA: LARGE PRICE REDUCbeach.

ID#2221 TION! Just steps to the beach. Spacious 1 bedroom, first floor condo. Never rented. $150,000 $227,500

BAYSIDE BARGAIN

#108 LIGHTHOUSE: First floor, 1BR Condo in Caine Woods of Ocean City. Swimming pool and convenient & desirable location. Steps to the beach, restaurants, movies and more..... Unit shows Pride of Ownership. $125,000

TOWNHOME WITH BEAUTIFUL BAY VIEWS

CANAL SIDE MEWS EAST 41: 4BR/ 4.5 BA Sundrenched town house w/ great bay views, open floor plan & 3 balconies. Sunset Island's amenities include indoor & outdoor pools, private beach, Community Center and more. $879,000

BAYSIDE OPPORTUNITIES

-

PORTOFINO #20: Large Bright and Cheerful Townhome with 3 Bedrooms and 2 1/2 Baths.

Ocean City Living without Ocean City Taxes.

Community pool. Call to find out more! $299,000

3 BEDROOMS – DIRECT BAYFRONT

CASA DEL SOL #664: Direct Bay Front 3 Bedroom 2 Bath 1,390 Sq Ft Furnished Townhouse.

Recent upgrades - Good rental! Bay and Ocean City Skyline Views from 3 Balconies. $259,900

307K HARBOUR ISLAND: The views are spectacular and the sunsets are amazing. Over 1,500 square feet of living space. Located in Harbour Island, home of the world famous White Marlin Fishing Tournament. $530,000

LONG 11701 & FOSTER® REAL ESTATE, INC. Coastal Hwy | Ocean City Square Shopping Center Ocean City

Local 410-524-1700 • Toll-Free 800-992-7777

PAGE 8

JANUARY 2014

REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS/OCEAN CITY TODAY

LONG & FOSTER REAL ESTATE, INC. 11701 Coastal Hwy | Ocean City Square Shopping Center | 410-524-1700

Ocean City

BECKY MITCHELL CRS, GRI, ABR Direct: 410-603-0528

104 125TH ST

12457 DIXIE DR, BISHOPVILLE 3BR/2BA Rancher w/2 Car Heated Garage.

Sunroom, Deck, lg Eat-in Kitchen. Hvac & Hot Water Heater have been replaced. Home Warranty Included. No HOA. Huge out building would be great for crafts, office or storage.

Minutes to Beaches. (483203) $186,500

Follow the sun rise, set from wrap around balcony. Spacious end unit w/ views of the bay & ocean. Ideal location for watching fireworks at Northside park. Fully furnished!

Outdoor storage. 2 Blocks to beach! What are you waiting for? (486944) $375,000

701 RUSTY ANCHOR RD

THE CAPRI 11000 COASTAL HWY

Quiet Bayside setting for this spacious, fully furnished townhome w/ an open floor plan. Waterviews from both top and bottom balconies. Great location for riding bikes.

Close to shopping and the beach!

(486785) $209,900

Extraordinary Oceanfront Unit w/ Breathtaking View!

Spacious renovated condo w/new appliances HVAC, Windows. Ceramic tile throughout. Electric storm shutters. Nothing has been overlooked. Strong rental property grossing $27,000 in 2013 and over $30,000 in 2012. Home Warranty included. (487695) $419,900

13400 COASTAL HWY 1BR/1BA fully furnished unit.

Spacious feeling w/ 2 TOM sofa beds in ENGLISH TOWERS NIEMKIEWICZ living area & lots of windows. Ocean Beautifully furnished, 3BR/2 BA w/ Cell: block w/ easy access to beach & close many upgrades, great balcony w/ views!

410-603-2136 Amenities: heated indoor pool, a game to shopping, restaurants. Lg sun deck, Office: room, storage locker. Condo fee includes outdoor pool when you are not on the 800-992-7777 cable and internet. (486095) $350,000 beach. A must see! (486500) $168,000

TIM MEADOWCROFT

Direct: 443-235-7266

JACK & JOAN WALTER Cell: 410-430-1088 Office: 877-655-6170

Y E A R ROU N D R E N TA L S AVA I L A B L E SUE

DONALDSON

EAGLE BAY 302 Lowest priced 2BR condo in OC with Cell: water view, pool and central a/c. Fea(410) 212-9220 tures updated kitchen, ceramic tile, new Office: carpeting & washer/dryer. Rent to own (410) 524-1700 option! (487100) $137,000

HIDDEN HARBOUR

210 TRIMPER AVE

Clean, neat and move in ready. 2nd fl end unit.

2 blocks to beach, steps from pool, relaxing canal front balcony. Would be a great rental.

Condo fee normally $600/quarter, currently $200/quarter assessment for building exterior upgrading. (484610) $169,900

Great beach getaway, downtown, walk a block to the beach, 10 blocks to boardwalk. Clean & well maintained unit.

Newer Pergo. Awesome first beach pad!

(487613) $145,000

2240 sq ft 3BR/2BA two level penthouse w/master suite on the second level. Fabulous ocean views. Balconies off the master bedroom & living room. Outdoor patio, swimming pool, elevator, close to shopping.

(487531) $750,000

C A L L SU E TODAY !

5606 COASTAL HWY

DUNE HOUSE

Beautifully furnished & maintained poolside townhouse w/ lg garage, ocean block w/ custom paint, draperies, decoration.

Tropical island style. Great rental.

(487459) $445,000

Oceanfront 3BR/2BA townhouse. Well maintained & clean. Newer laminate flooring, siding, windows, decks, central vac. 2 Oceanside decks, outside shower & storage. Heat pump replaced. Awesome beach getaway.

(481449) $625,000

THE RAINBOW

BEL MARE Great downtown location, 1.5 blocks to Boardwalk, 2 assigned parking under building. Kitchen w/granite countertops, fp w/ gas logs. Elevator & outdoor pool. Property is sold ''as-is'' including appliances, heating, ac & plumbing. (487600) $339,900

1 & 2 BEDROOM UNITS FURNISHED & UNFURNISHED POSSIBLE LEASE PURCHASE

111 JAMESTOWN RD

106 TALBOT ST

First floor across from Jamestown Park, w/ canal view. Outdoor Pool, assigned parking, W/D, new carpet, 2-10 HOMETRUST WARRANTY IS AVAILABLE. (483356) $162,000

2BR/2BA Great Location, 1.5 Blocks to Boardwalk. Furnished, 2 level, storage unit, laundry room, Close to marina, shopping, surfing, fishing. Street Parking & across from unit. (484147) $128,900

MICHELLE BLUNDELL Cell: (443) 513-1313 Office: (410) 524-1700 HORN ISLAND DRIVE THE QUAY 2BR/2BA w/ great view. Amenities: indoor & outdoor pool, game room, deck w/ picnic tables,. On site management. Plenty of parking, close to shopping & restaurants. Secured Building. (486863) $280,000

PRICE REDUCTION! BRING ALL REASONABLE OFFERS! Spectacular views of bay & PRICE REDUCED OC skyline! HW floors. 2 walk-in closets. Roof less than 10 yrs, newer appliances, bonus rm. Separate laundry rm. Lots of potential!

THREE LOTS and 2 EDUâ&#x20AC;&#x2122;s convey. (486599) $425,000

STEVE MASTBROOK

Direct: 800-334-7660

12505 WIGHT ST WOW!!! THIS IS THE ONE!!! BEST BUY ON THE BEACH! NEW, EASY TO MAINTAIN FLOORING! Direct oceanfront hideaway. Studio apt w/ private balcony.

One year home warranty.

(480490) $169,900

37540 OLIVER DRIVE, SELBYVILLE DE WOW!! Like new, extra large, sought-after Delray model. 5BR & 3.5BA in showroom condition, community pool is steps from back yard, outdoor kitchen on exquisite paver patio. (606821) $389,000

JANUARY 2014

Mary Ma M r M ry McCracken, cC Craack cke ken, Realt Realtor® lto tor®®

Looking T Too Buy On The Eastern Shore, hore, Go T Too www www.MaryMcCracken.com .MaryMcCracken.com

Cell: 410-430-7 410-430-7302 7302 Office: 410-524-1700 Mary@MaryMcCracken.com Licensed in MD & DE

CUL ECTA

S VIEW AR

QUAY Q UAY

#707 #1803 #1305 #2507

3BR/2BA 2BR/2BA 2BR/2BA Penthouse

Ocean Front Ocean V Vie iew Ocean Front Ocean V Vie iew

(482037) (483295) (482343) (487022)

Awesome 2BR/2BA Mobile Home in Delmarva Park in W Wes est OC, Lot #69. Has 2,250 Shares in Coop. Park fee $125> ffo or lawn maintenance, waatterr,, sewer and trash P/U. NEW: Metal Roof, vinyl siding, skirting, w win indows, electrical wiring, hot water heater,, paint and carpet.

Updated baths. 4 concrete parking spaces. 1 mile to beach and Boardwalk. (485599) $128,000

$439,900 $249,000 $280,000 $330,000

SURFS S URFS EDGE EDGE #210

IEW

NV

ABSOLUTEL LY GORGEOUS and SELDOM AVAILABLE! 2 Balconies + Fabulous Views!

Remodeled ffrrom floor to ceiling. Beautifful pergo and ceramic floors, crisp wood trim work, Remodeled kitchen with new cabinets, counters and appliances and all new ffur urnishings. HUGE 30’ Deck along living room, dining and bedrooms plus extra private Master Suite Deck. 2 assiggned parking, 1 in garage. Large Privaate Storage (487287) $359,900

CLUB CL UB OCEAN OCEAN VILL VILLA A #36 EET STR

Perfect Beach getawaay or Investment. W Woonderful ground floor villa with private courtyard and sunny southern exposure with room to grill, enjoy with friends and pets or relax and sunbathe. T Taasteffully furnished, Master suite off ffer ers master bath and slider that leads to deck. Community Pool and only 3 blocks to ocean. (485886) $169,900

802 EDGEWATER EDGEW EW WATER BAY FRONT S! SLIP This charming corner lot T OA home off ffer ers open Bay vvie iews, 2B 2 60ft boat slips in deep waaterr, jet ski lift, waatter & electric available on piers.

New bulkhead in 2003. New front (hurricane resistent) windows, new slider,, updated HV VA AC, kitchen & baths, well maintained home. 2 separate units. Storage shed & parkking.

Existing Rental unit bring $1,000 per month (483958) $575,000

AL CAN

104 O OLD LD L LANDING ANDING RD

NT FRO

Call ffo or details on 1.5% Mortgage Rate.

3BR/3BA SFH on Canal, 1.5 blocks to Beach. 2 Master Suites, 2 car garage, 2 wood burning fireplaces, lawn sprinkler system, newish HV VA AC , new Bulkhead in 2011. Loads of storage. (483301) $450,000

PL PLAZA AZA

O OCEAN CEAN FR FRONT ONT Wall to Wa Wall and Floor to Ceiling WINDOWS AND VIEWS ffrrom Living Room and Master Bedroom. Y Yo ou will love this condo on the direct Ocean Front in a Premiere Building. 2 BR, updated baths, nicely ffur urnished and perfect 8th fl private Balcony. BRAND NEW HV VA AC! Great History.

All amenities including tikii bar, fitness facility, tennis, security, indoor/outdoor pools and private beach area. (486680) $325,000

Amenities include heated indoor and heated outdoor pool, sauna, TIKI bar, sundeck, game room. Close to shopping, restaurants & year round security.

Parking garage.

LAKE L AKE FR FRONT ONT

55 AD ADMIRAL MIRAL

779 EDGEWATER EDGEW EW WATER Bayfront T Trreasure in Old Ocean City. 2 dwelling home sits over top of the water on the open bay. First floor off ffer ers 3BR/1BA &T Toop floor off ffer ers brand new 4/ BR/2BA new boardwalk decking with boat dockage & incredible bay vie views. Option to add finger piers. Selling a W Waaterfront Liffestyle ffoor the fishing & nature enthusiast. Check out Blog> gskytours.blogspot.com.

(483892) $750,000

Large 3/BR Ocean ffrront building w/Beauutifful Bay vie i ws fr from very large balcony. Updated Kitchen & Baths, ceramic tile. large waallk in master closet, Beautiffully fur furnished & great income potential. #1502 (479937) $315,000

WES WEST T OCEAN OCEAN CIT CITY Y

Great Location. W Woonderful direct oceanffront building with heated outdoor & indoor pools, saunas, tennis court, game room, fitness room, internet cafe, shopping & year round security.

NT RO YF A B

11701 C Coastal oastal H Hwy. wy.

O Ocean cean C City ity MD 41842

CAPRI CAP RI

Welcome to The Grand, Premiere Construction on the Ocean. 3BR/3BA with gorgeous Southern Exposure and 180* V Vie iews of Ocean to Bay. This Model Unit off ffer ers Luxurious Open floor plan and is Designer Decorated

by Michael Denofrio of Bethany Resort Furnishings. Extras include Porcelain Tile & Custom Closets.

Absolutely Beautifful! Living Room and Master Suite off ffer er Large Balcony with Spectacular Views of Ocean & Bayy plus Oversized Windows. Gourmet Kitchen has granite counters, stainless steel appliances and beverage cooler. Marble and Granite Baths, Jacuzzi Tu Tub and Separate Shower. 2 Private spaces in covered garage.

Amenities include indoor and outdoor pools, large fitness facility, 24 hour security, concierge service, kids club and expansive Sun Deck. Don’t Miss Out!! (486116) $825,000

TH 120

Ocean City

Top T op Listing & T Top op Pro Producer ducer Long & Foster ~ Ocean City Office

GATEWAY GA ATEW WAY GR GRAND AND #705

SP

EA OC

PAGE 9

REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS/OCEAN CITY TODAY

Renovated 3 bedroom rancher on Johnsons Lake with a private brand RY U B IS new pier. NEW....NEW....NEW >> SAL VA AC (2 systems), Appliances, HV Hot water heater, water treatment, NEW 4’’ WELL. Master suite with walk in closet and granite counter and ceramic in Master Bath, new Kitchen appliances, cabinets and counter and new carpet thru out.

Woood burning Exterior repainted. W fireplace. Built in Cabinets in Family room. Large mud room with full size W & D. (485902) $185,000

PARROT P ARROT BAY BAY #27 N TOW N DOW

INVESTOR ALERT!!!

Buy now and get over 10% income on your investment.

Truly a best investment buy. Over $30,000 in rental income with potential for more (neighbors do $40k).

0k). U Upg pgraded recently including wood Pergo floors, ceramic tile, new cabinets and Silestone countertops, large ffrront deck. Off ffer ers pool and onsite management plus 2parking. (487036) $299,900

OCEANFRONT #405 486969 $430,000 #212 486928 $399,000 #804 487458 $475,000

ES PIN AN E C O

Gorgeous 4 Br/3.5 Ba Home built in 2007 on quiet Cul-de-Sac lot.

HW floors in Kitchen, LR, DR, Foyer. 1st floor Master Suite w/T Tra raay Ceiling & sliders to deck. Gourmet Kitchen, granite coun nters, stainless steel ap appliances, gas stove and large pantry. Formall dining with window seat & traay ceiling. Three Wa Walk-in closets, and aalll Ceramic Tile Baths.

90+ Gas Tra Trane Multi-Zone Heat, Gas Fireplace in LR. 2 bonus rooms, one used ffoor theatre room. Large Screened Porch plus side deck and large Fenced backyard. (486491) $430,000

DELMAR D ELMAR OCEAN FRONT Charming 2BR Ocean Front retreat off ffer ers a Sun drenched patio at at ground level & direct access onto the Dunes & Beach & A Aw wesome Ocean views ffrrom the living room & Master suite as well. T Taasteffully decoraated, very clean & well maintained. Beach & Bike storage ava available. (484079) $340,000

PAGE 10

JANUARY 2014

REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS/OCEAN CITY TODAY

BUNTING REALISESTATE BACK! REALTY INC. 28 Duck Cove Circle

Remodeled kitchen with Maple Cabinets and new counters.

New Cherry Laminate floors in the Kitchen, Dining room and living room. Large shed with electric. Long blacktopped driveway. Also a recently renovated hall bath with a new tub/shower unit, vanity and flooring. A great starter house or rental property. An excellent neighborhood with no through traffic and surrounded by water properties. A must see!

$137,900

Call Mike Poole 410-251-4006

7 Seagrave Lane

Lovely Stephen Falck built 3 bedroom 2 bath home located directly off the Parkway in a quiet cul-de-sac. Three season room to enjoy your private woods. Open floor plan with gas fireplace.

6200 COAST TAL HIGHW WA AY | SUITE 101K,, OCEAN N CIT CITY 11.800.400.6275 800 400 6275 | www w.MarkF F.com

Direct: 443-497-0438 Web: YourIslandRealtor.net Email: yourislandrealtor@comcast.net

GOLF GOLF CL CLUB UB S SHORES HORES - SO SOUTHPOINT UTHPOINT 6920 HALL DR. Beautiful setting overlooking Baayy t. 6BR/4.5BA w/ private dock & lifft. home was on the Sand Castle Home Tour & ffeatur eatured in Metropolitan Mag. Remodeled Chef ’s kitchen open to family room & breakfast area. Formal dining room, living room. All living areas facingg Baayy.

2nd floor Master suite on the water.

Office, lower level living area could be media room, mother-in-law suite or apartment. Beautiful in-ground pool. This is a must to see.

MLS# 484076. $659,000

$220,000

Call Paul Cook 410-726-2695

103 S Main Street

Berlin Main St home featuring outstanding location, size and lawn. Oversize master bedroom and family room provide retreat. Huge rear deck encourages outside enjoyment. Charm and today's lifestyle needs are easily met in this one of a kind home.

$299,990

Call Paul Cook 410-726-2695

11833 Steam Mill Hill Road

Motivated sellers!! This is a SHORT SALE. 3 bedroom 2 bathroom rancher with great space for the money, country setting convenient to Berlin and Ocean City.

HERRING HERRING LANDINGL ANDING- OCEAN OCEAN CITY CITY 12508 NATURE P PA A RK DRIVE Great Home, Great Neighborhood. Custom Built

by Beachw wood. Located in a Blue Ribbon School District.

Updates: HW F loors,, Stainless Appliances, nces,, Granite Counters, Recessed ed Lights,, Fp, Screened Porch,, 2 Car Garage & Ful u ly Finished Bonus Room. Just Steps from Public Park.

MLS 485011 $359,900

$115,000

Call Jeanne Hand 443-235-0652

44 Anchor Way Drive

Need more room? This recently renovated, well laid out 4bedroom 2 bath with large rear deck and garage is just what you need and it shows like a model! HOA fees include use of pool, tennis courts and lawn cutting - what a bargain! New kitchen cabinets, countertops, paint, carpet, tile, crown molding and landscaping are just a few of the items the current owners have done to improve ''your new home at the beach''

$200,000

Call Jeanne Hand 443-235-0652

9 60th Street Unit 301

Great mid-town location for this 2 bdrm plus 3rd bdrm/loft, and 2 bath condo currently setup to sleep 10. Skylights and cathedral ceilings lend lots of space and light into this 3rd floor east, end-unit (located closest to the beach), 2 bldgs off ocean with nice ocean view on lg balcony, plus two more rear decks, one off master & large sun deck off 2nd floor w/ peek of bay. New HVAC system last year and some new replacement windows.

12-unit masonry building. Condo fee includes cable.

$299,900

Call Lauren Bunting 410-422-9899

Cam Bunting, Broker, ABR, CRS, e-Pro, GRI, WCR, WHC 24 Broad Street, Berlin, MD 410-641-3313 • 410-713-2065 Virtual Tours www.buntingrealty.com

GLEN RIDDLE-BERLIN RIDDLE-BERLIN 11644 MAID A AT T AR RMS M LANE 4BR/3.5BA open floor plan,, soar so ing ceilings, carpet,, HW floors,, granite, Stainless steel appliances, tank-less water heater, first fl master, screened porch,, fp.

Golf Course, community center, outdoor pool,, sauna, exercise rm,, family activities & securittyy.

MLS 485418 $475,000

CAR Exec Sheila Dodson inducted to CLMS REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS/OCEAN CITY TODAY

JANUARY 2014

December, 2013 â&#x20AC;&#x201C; Congratulations to Sheila Dodson, Coastal Association of Realtors executive director, as she has recently been inducted into the CMLS CMLX Level One â&#x20AC;&#x201C; Professional inaugural class.

While there were no caps and gowns at this graduation, the inaugural class was officially pinned by the CMLX committee during the multiple listing service (MLS) executives meeting held this month during the National Association of Realtors annual convention in San Francisco, Calif.

CMLX is a certification program designed by the Council of Multiple Listing Services (CMLS) to identify skills, subject matter, and experience common to three levels of successful multiple listing service (MLS) management.

With the creation of this program, CMLS hopes industry standards will be raised and codified and CMLS members will be able to follow a consistent program of professional development. â&#x20AC;&#x153;Our industry believes in education,â&#x20AC;?

Dodson said. â&#x20AC;&#x153;As technology continues to rapidly evolve, it is critical for real estate advisors to stay up to speed to best serve the customer and business overall. â&#x20AC;&#x153;CARâ&#x20AC;&#x2122;s Multiple Listing Service is the backbone of our industry because it offers cooperation for selling and buying homes.

Through MLS, our members have access to every available property on the market.

â&#x20AC;&#x153;Since I manage CARâ&#x20AC;&#x2122;s MLS Service, it was critical for me to achieve CMLX certification.â&#x20AC;?

The CMLX certification credential is awarded to candidates who have passed the required certification courses and have met specified experience and membership requirements. CMLX designation recipients, like Dodson, are recognized for their professionalism, industry knowledge, training, and skills as identified by their peers in the MLS industry.

Upon completion of the CMLX Professional designation, Dodson gained a broad knowledge of all key components of an MLS, a general understanding of the distribution and protection of data and an awareness of the various governing and ownership models existing in the industry today.

The MLS industry is always evolving, and CMLX Certification is another step towards ensuring the industry thrives in the years ahead.

CMLS is a membership organization dedicated to those in the MLS industry.

Its goal is to provide facilitation of practical information and cutting edge management ideas to empower members (and their constituents) to meet the challenges of changing technology, legal issues, and organizational structures.

For more information, see www.councilofmls.com. CMLS is managed by IMI Association Executives Inc., of North Carolina.

Nicholas A. Bobenko Direct: Â 443-614-9179 Email: Â ocnick55@gmail.com

PAGE 11

CAR Executive Director Sheila Dodson

Visit OCâ&#x20AC;&#x2122;s Most Comprehensive Real Estate Site:Â www.OceanCityCondosandHomes.com

GLEN RIDDLE

LIGHTHOUSE SOUND HOME

OCEANFRONT PENTHOUSE

COMPLETELY REMODELED

NICE OC HOME

4 bed./3.5 bath just steps from community center. Large master suite, front porch, large screened porch, gourmet kitchen and valuted ceilings. Recently renovated and in excellent condition.

The best in oceanfront living highlighted by a 1000 sq. ft. wraparound balcony w/the best views in Ocean City. Every room in the condo is direct oceanfront WKH XQLW LV LQ H[FHOOHQW FRQGLWLRQ %HVW amenities in Ocean City.

MLS #483704 | $799,000

Like new 2 bedroom condo with all new kitchens, baths, windows/doors and furniture. Granite tops, SS appliances, WLOH Ă&#x20AC;RRULQJ DQG PRUH *UHDW ORFDWLRQ MLS #484681 | $484681

6WLFN EXLOW %5 %$ KRPH Z DQ RSHQ VSOLW EHGURRP Ă&#x20AC;RRU SODQ DQG JDUDJH Home is in excellent condition w/ numerous upgrades. Great location and priced well.

MLS #485090 | $469,000

*ROI FRXUVH OLYLQJ DW LWV ÂżQHVW %5 %$ @ 4284 sq. ft with 2 master suites & JUHDW ED\ YLHZV $ZHVRPH EDFN\DUG oasis, well appointed throughout, 3 car garage and much more.

MLS #483879 | $799,000

GOLDEN SANDS OCEANFRONT

GLEN RIDDLE TOWNHOME

SUNSET ISLAND

LARGE 3BR WATERFRONT

OCEAN CITY WATERFRONT HOME

3ULPH UG Ă&#x20AC;RRU XQLW Z QLFH EHDFK ocean views from your large private EDOFRQ\ :HOO ODLG RXW %5 %$ XQLW Great amenity package & some of the best rental income in Ocean City.

MLS #482181 | $324,900

%5 %$ # VT IW ZLWK D JUHDW Ă&#x20AC;RRUSODQ 3URSHUUWW\ LV LQ H[FHOOHQW condition & offfers fers nice views of the private golf course. Nice amenity package & minutes from OC. MLS #482403 | $314,900

Well maintained and beautifully beaut furnished Sunset Island condo. Numerous upgrades, freshly painted, unrivaled amenities and a peek of the bay. Great for personal use or is a proven rental investment.

:HOO PDLQWDLQHG %5 %$ ED\VLGH waterfront condo w/ great views, open living area, large waterfront deck. Sold fully furnished. Quiet setting & low condo fees WKDW LQFOXGH \RXU SURSHUW\ Ă&#x20AC;RRG LQVXUDQFH Private parking pad, over 55â&#x20AC;&#x2122; ft of deeded dock space w/ water & electric.

MLS #486461 | $264,900

Well maintained OC waterfront home with 60â&#x20AC;&#x2122;+ of deep water docking space.

Unique location close to beach, yet WXFNHG DZD D\ LQ D TXLHW DUHD 2SHQ Ă&#x20AC;RRU plan with recent upgrades.

MLS #487764 | $379,000

MLS #487472 | $299,000

MLS #485076 | $389,000

The Mark Fritschle Group - Condominium Realty LTD LTD | Office: Â 410-524-6400 Â 4 | 6200 Coastal Hwy. Â Ocean City, MD Â 21842

PAGE 12

JANUARY 2014

REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS/OCEAN CITY TODAY

TERRI BRADFORD BETHANY DREW

410-430-6875 410-430-6875

REALTOR®, GRI, Licensed in MD & DE

REALTOR®, GRI, Licensed in MD & DE

www.PO2Team.com

11065 Cathell Road, Ocean Pines 410-208-9200 ext.191 • 800-337-7368 Enjoy Resort Living!

Cozy 3BR/1.5BA on corner lot, 1 car garage.

Open family room & eat in kitchen. Yard with shade from beautiful mature willow tree.

Tucked away but still close to shopping & restaurants.

$314,900

Shows Like A Model!

3 BR/ 2.5 BA contemporary home is situated on a golf course lot. Features an open floor plan with HW floors, cathedral ceilings, skylights, kitchen w/ granite countertops, tiled back-splash, breakfast bar, large bay window.

Master Suite has vanity w/ dual sinks, Jacuzzi tub & separate shower. Sunroom w/ wall to wall windows, custom patio covered front porch, paved driveway, 2 car garage.

$354,900

Perfect Waterfront Get-A-Way! Spacious 4BR/3BA waterfront. Well maintained with newer windows, HVAC, fresh paint & custom ceramic tile. Newly remodeled baths & new kitchen backsplash. 2 levels of decking w/picturesque water views.

Landscaped yard w/paved drive, 2-car garage w/door opener. Pier.

$291,900

Immaculate Waterfront 3/4BR, 2.5BA, LR w/cathedral ceilings, custom windows, gas FP w/marble surround & hrdwd flrs. Speaker system inside & out. Fam. Rm., 1st flr Master Suite w/tray ceilings & walk-in closet. Bonus Rm can be 4th BR or Study. Custom kidney-shaped pool, pavers, picket fence & shed.

At this time of the year we want to thank all of our family, friends and clients for their love, support and loyalty.

Thank you for helping us have another successful year in 2013.

Looking forward to the same in 2014.

$725,000

Happy New Year!

Building Lot s for Sale Glen Riddle

Azalea Rd.

Lot #248 – $112,000 Lot #243 – $125,000

1 Lot — $69,900

Berlin

Ocean Pines

10 acres w/well & septic $245,000

Waterfront $250,000

Ocean Pines

Ocean City

Corner Waterfront $225,000

Lot 1 — Tudor Rd $79,900

Terri

410-430-6875 Terri@Po2team.com

Bethany

410-430-2602

Bethany@Po2team.com

JANUARY 2014

LIKE US ON

410-208-9200 • 800-337-7368 • 11065 Cathell Road • Ocean Pines • Licensed in MD, DE, & VA

Debora E. HILEMAN

OWNER/BROKER GRI & CRS 443-235-5982 Cell Debbie@Hileman RealEstate.com

Licensed in MD, DE, VA

Cindy CROCKETT

www.hilemanrealestate.com • e-mail: hilemanre@aol.com THE PARKE AT OCEAN PINES!

$224,900

GRI 410-430-0587 Cell Cindy@ HilemanReal Estate.com

Licensed in MD

Sharon CURTISS

$109,900

PINEY ISLAND RIVERFRONT

WATERFRONT

4BR/3BA split foyer. Sleeps a Large eat-in island kitchen with upgraded appliances. large number of Great room has tiled area guests. Den could with lots of windows! be 5th BR. Master suite includes tray Vaulted ceilings, ceiling & whirlpool tub. floor-to-ceiling Laundry Room, double wood FP. Screened porch, deck, patio & boat dock. garage and cozy paver patio! Furnishings negotiable.

Cul-de-sac street.

$1,295,000

Only $399,900

Fully furnished & beautifully renovated. Laminate wood flrs, elec. fp, tray ceiling & recessed lights.

Kitchen w/breakfast bar, tiled backsplash, upgraded cabinets & stainless fridge. Gorgeous tile in bath. Panoramic views of the bay! Close to conveniences!

Gorgeous home on the St. Martins River!

5BR/6.5BA, over 4700 sf. Breathtaking views, 2 decks, 2 screened porches, 25’ boat dock.

Fireplace, Granite Countertops, Whirlpool Tub, much more!

SPACIOUS WATERFRONT

NORTH OC CONDO

REALTOR®,

2012 C.A.R. Realtor® of the Year

PAGE 13

REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS/OCEAN CITY TODAY

Saltbox w/ Great Sunsets & River views on a culde-sac! Walk to Swim & Racquet Club! Under Home triple carport, front covered porch, wrap-around deck, balcony, sun room, storage shed. Interior includes 3 BRs, 2.5 baths, fireplace, lots of closets, wet bar, attic storage & a 20x10 den! Private 40' boat dock w/ new bulkheading in 2012. New Roof, skylights, WD, water heater all in 2013! $369,000

GENTLEMAN'S FARM

Impeccably maintained includes 20+ acres. Explore the possibilities! Custom crafted home shows like a model!

Top-Notch 8-stall barn, 5 fenced pastures, private scenic pond & in-ground salt water pool w/pool house. Fully Furnished! Price Reduced!

Associate Broker ABR, PMN,GRI

410-726-4260 Cell Licensed in MD Virtual Tours available at

www.sharoncurtiss .com

Terri BRADFORD

ABSOLUTELY MOVE IN READY! 31 BROOKSIDE RD. You'll love this 2 bedroom, 2.5 bath town home with NO 3 bedroom, 3 bath plus a bonus room on 2nd level on HOA Fees includes 2 parking spaces. golf course lot. Text H11363 to 85377 for more photos Text H11361 to 85377 for more photos and info.

REALTOR®, GRI 410-430-6875 Cell Terri@ PO2Team.com

Licensed in MD, DE

Bethany DREW

Reduced to $240,000

Offered at $219,900

JUST REDUCED

$280,000

THE PARKE

Osprey Model, 4BR/3BA on corner lot. Open floor plan, kitchen w/42'' cabinets & pantry, HW flrs., double sided gas FP, sunroom. 1st flr Master suite w/trey ceiling, walk-in closet, bath w/separate shower & soaking tub. 2nd floor BR w/walk-in closet & full bath +loft., 2-car garage.

suite w/ his & her closets, custom window wall, master bath w/ large garden tub, double sinks, separate shower, great room, kitchen, formal dining, large loft w/window seat, skylights, gas fireplace, pantry, HW floors, separate laundry w/ utility sink, alarm system.

$339,900

Sonia ZAFFIRIS

Associate Broker GRI, CRS 410-251-6217 SoniaSEZ@ aol.com

Licensed in MD, DE

Steve Cohen

REALTOR® 301-667-3099 Cell Stevecohenjd @gmail.com

RESORT WATERFRONT LIVING! 2BR/2BA condo unit w/ beautiful ocean views.

Private balcony to enjoy ocean breezes or watch sunrises. Endless community amenities such as pools, tennis courts, beach just to name a few.

$475,500

PERFECT RETREAT AT THE BEACH 2BR/ 2.5BA pond front fully furnished townhouse.

Features wood burning fp, screened porch, O/S shower. Steps away from community pool. Upgrades include fresh paint, granite, appliances, ceiling fans & lights.

$215,000

COZY CONDO

REALTOR®, GRI 410-430-2602 Cell Bethany@ WELCOME HOME! PO2team.com 4BR/3BA in Plus 55 Community of Ocean Pines w/ open floor plan, master Licensed in MD, DE

21 CAPETOWN RD. 3 BR/2BA Ranch with loft. Great Shape. Ready to Move In. Asking $205,000. Text H11357 or 85377 for more photos and details.

$199,900

1BR 1BA condo. Kitchen & living room gives you an open floor plan concept. Easy walk to the beach, boardwalk, shops, and restaurants.

GOLFERS BEACH RETREAT

3 BR/ 2 BA open fl plan w/sunroom overlooking golf course. Upgrades: ceramic tile, silestone counters, stainless appliances, remodeled BA w/ large shower, corian counter. Security system, gutter helmets, gas fp, skylights & beautiful french doors, composite deck.

$149,900

$354,900

OCEAN PINESSUNNY CONTEMPORARY RANCHER & 2 car garage. 3 roomy BR's, walk in closets, 2 baths, great room has gas Fireplace, & utility room. WEST OCEAN CITY 2 car garage. Screened Fronts on both Windsor & Kent Roads. 180 ft deep. Convenient to OC beach, outlets, restaurants & blue ribbon Ocean City eleporch & sundeck. mentary school.

$83,000

GLEN RIDDLE/ BERLIN

Beautiful bay views in distance from this waterfront lot in golf course community within miles of Ocean City. Features 2 championship golf courses, 96-slip marina, tennis courts, clubhouse, fitness center, pool, and playground.

COVINGTON TOWERS - U 12

Spacious Ocean Front 2 BR/2BA, Updated Kitchen, Newer Carpet, Well Maintained & Pampered By Its Owners, Good Rental, Great Ocean Views From Large Balcony. 3rd Floor Unit. Short Sale Significant Reduction off Price - Must Honor 2014 Rentals. $345,000

Neighbors Serving Neighbors, One Home at a Time.

$109,900

REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS/OCEAN CITY TODAY

PAGE 14

JANUARY 2014

All-cash sales constitute major portion of home purchases Continued from page 6 4.26 percent in November from 4.19 percent in October; the rate was 3.35 percent in November 2012.

NAR President Steve Brown, co-owner of Irongate Inc., Realtors in Dayton, Ohio, noted that new rules defining the Qualified Mortgage will be going into effect soon.

“New underwriting rules to protect borrowers, effective in January, will prohibit many loan features, set tighter limits on the amount of debt a borrower can have and still get a mortgage, and require that lenders accurately measure a borrower’s ability to repay,” he said.

“This means that qualified borrowers are getting a loan that they are very likely to be able to repay, but some borrowers may wind up paying much more for their

mortgage, or not get a loan at all due to the tougher standards,” Brown said.

“The new rules may tighten credit too much, but we’re hopeful regulators will make adjustments if this proves to be true.”

First-time buyers accounted for 28 percent of purchases in November, unchanged from October; they were 30 percent in November 2012.

All-cash sales comprised 32 percent of transactions in November, up from 31 percent in October and 30 percent in November 2012. Individual investors, who account for many cash sales, purchased 19 percent of homes in November, unchanged from October and from November 2012. Last month, seven out of 10 investors paid cash.

Single-family home sales fell 3.8 percent to a seasonally adjusted annual rate of 4.32

million in November from 4.49 million in October, and are 0.9 percent below the 4.36 million-unit level in November 2012.

The median existing single-family home price was $196,200 in November, which is 9.4 percent above a year ago.

Existing condominium and co-op sales dropped 7.9 percent to an annual rate of 580,000 units in November from 630,000 units in October, and are 3.3 percent lower than the 600,000-unit pace a year ago.

The median existing condo price was $197,400 in November, up 10.0 percent from November 2012.

Regionally, existing-home sales in the Northeast declined 3.0 percent to an annual rate of 650,000 in November, but are 6.6 percent above November 2012.

The median price in the Northeast was

$242,900, up 5.7 percent over last year.

Existing-home sales in the Midwest fell 4.1 percent in November to a pace of 1.17 million, but are unchanged from a year ago. The median price in the Midwest was $151,100, which is 6.7 percent higher than November 2012.

In the South, existing-home sales declined 2.4 percent to an annual level of 2.01 million in November, but are 1.0 percent above November 2012. The median price in the South was $168,700, up 7.7 percent from a year ago.

Existing-home sales in the West dropped 8.5 percent to a pace of 1.07 million in November, and are 10.1 percent below a year ago, in part from constrained inventory conditions.The median price in the West was $284,400, up 16.5 percent from November 2012.

In a rare gathering of CEOs and senior executives from the biggest names in mortgage lending, Realtors were told earlier this fall to expect market growth in 2014 and to prepare their buyers for transactions with heavy documentation requirements.

NAR President Gary Thomas and CEO Dale Stinton moderated the discussion at the 2013 Realtors Conference and Expo, where the top mortgage industry executives expounded on new regulatory hur-

dles that could temporarily restrict lending to some buyers, but will likely even out over time.

The Qualified Mortgage, or ability-torepay rule, will become effective in January 2014 and contains a number of underwriting standards that will constrict mortgage availability and deny credit to some first-time homebuyers, said Bill Emerson, CEO of Quicken Loans. The QM rule requires significant documentation from consumers to justify lenders’

underwriting decisions; lenders face strict penalties if a loan is made outside of the specific criteria.

Kevin Watters, CEO of JPMorgan Chase, agreed that lower- and moderateincome buyers, as well as self-employed buyers who don’t have a consistent flow of income, might have a tougher time in the new lending environment. “We need to work together to help first-time buyers into affordable housing options.”

The new lending standards and docu-

mentation requirements are making some potential borrowers anxious about competing with cash buyers in the real estate market.

Lending executives, however, said the way to compete against a cash buyer, the group agreed, is to build a process that has no surprises as you go.

The lending leaders unanimously agreed that consumers will see a healthy increase in the market next year, keeping pace with gains made in 2013.

Market expected to grow in 2014, despite tougher lending laws

Shamrock Realty Group, Inc. 10776 Grays Corner Rd. #1 Berlin, Maryland 21811

“It’s Your Lucky Day!” www.shamrockrealty.com Office: 410-641-3611

O CEAN P INES $159,900

Charming beachy updates to this poolside condo with sunny screened porch overlooking the pool. Great community close to all the fun- beach, dining, shopping and with plenty of parking. #487007 Call Marilyn Bushnell at 410-422-0013

Lowest priced townhouse in Borderlinks. Gracious living along the greens of Ocean Pines Country Club. 3 bedrooms and 2 full bathrooms with two living areas, two decks, MLS#485410 Call Jim Volk or Julie Sadler

Freshly painted, never rented three bedroom super condition condo at Balmoral. 1st floor unit with on site parking. Upgrades galore. Brazilian granite countertops. #485388 Call Lisa Earll at 443-859-1852

No HOA or Condo fees on this lovely 1 bedroom 1½ bath fully furnished townhome. Conviently located midtown.

Spiral staircase up to a large bedroom with two double beds. #472030 Call Mary Burgess at 443-880-3740

This 3rd floor end unit overlooks the marina and Yacht Club and is the newest building in this complex. It offers wonderful views of Ocean City. 2 BR, 2 BA unit w/Corian countertops. #476626 Call Julie Sadler at 443-880-5068

Located only a short distance from the beach on 138th Street, this charming condo unit boasts 3 bedrooms and 2 full baths. This is 1st floor unit that is elevated w/under-building parking . #487051 Call Jim Volk at 443-523-0014

This beautifully renovated waterfront home has been completely remodeled and shows like new! Home features 3 bedrooms, 2½ baths, gourmet kitchen w/granite countertops. #487065 Call Phyllis Fennessy at 443-880-7176

A little piece of heaven! Beautiful home on spectacular setting. Private 2 acre lot surrounded by Fleetwood Pond. Pond views in all directions. Custom built home. 4 BR / 2½ BA. DE#607257 Call Pam Wadler at 410-726-6125

O CEAN B LOCK $239,900

Rosie Beauclair

Mary Burgess

Marilyn Bushnell

NT Lisa Earll

G EORGETOWN , DE $539,000

O CEAN P INES $399,000

NT RO RF RO

Stunning home in Glen Riddle with 5 bedrooms and 4 full baths in 4000 sf of upgraded living space. Situated on a private lot. Gourmet kitchen, cherry hardwood flooring., Silestone. #484172 Call Marilyn Bushnell at 410-422-0013

RF

B ERLIN - G LEN R IDDLE $550,000

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Quality built rancher with many upgrades situated on over an acres lot. upgraded kitchen with granite countertops and custom tile floors and upgraded appliances. #486872 Call Pam Wadler at 410-726-6125

O CEAN B LOCK $250,000

O CEAN P INES $250,000

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B ERLIN $274,900

Linda W. Barron

O CEAN C ITY $189,000

O CEAN C ITY $179,900

B ERLIN $950,000

W EST O CEAN C ITY $895,000

Over 20 +/- acres with 2750 feet of road frontage on Route 50. Located close to beach, casino and town of Berlin. Zoned residential and agricultural - could be rezoned commercial. #483891 Call Julie Sadler at 443-880-5068

Over the top custom design, waterfront home, built by T&G Builders. Gourmet kitchen with granite counter tops and custom cabinetry. Engineered hardwood floors throughout. #484093 Call Ron Wesche at 443-235-2777

Phyllis Fennessy

Adrienne Naleppa

Mary J. Riebert

Julie Sadler

Jim Volk

Pam Wadler

Ron Wesche

JANUARY 2014

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REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS/OCEAN CITY TODAY

GEORGE RINES

Licensed in MD & VA 11001 Manklin Creek Rd Unit 4, Berlin, MD 21811 Office - (410) 641-5700 / Fax - (410) 208-1200 Mobile - (410) 603-6382 Direct Office - (410) 208-6342 glrines@cbmove.com / www.cropperrines.com

JENNIFER CROPPER-RINES

Licensed in MD & DE 10401 Coastal Highway, Ocean City, MD 21842 Direct - (410) 723.5353 Cell - (443) 614.6215 Office - (410) 524.6111 jlcropper@cbmove.com

Wishing You A Happy & Healthy Holiday Season!

Call Us Today for All of Your Real Estate Needs – Buy Now and Enjoy Your New Home for the 2014 Season!

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30 OCEAN PKWY. OCEAN PINES

Convenient location with lots of space.

3BR/2BA, 1560 sq ft within walking distance to North Gate Pond. New flooring, paint & counters are just a few improvements. Full master suite, second bedroom has a large sitting room. Detached shed offers extra storage, driveway is large enough for all of your summer toys.

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$164,400 MORE BANG FOR YOUR BUCK

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MANKLIN CREEK & THE BAY VIEWS

Nicely situated on almost 1 acre w/detached 3 car garage.

Breezeway connects garage to home for protection from the elements. Large master suite is located on the 1st floor w/great water views. Gourmet kitchen w/maple cabinetry & granite counters & eat in area. Formal living & dining areas & open family rm w/cathedral ceilings make this a perfect for entertaining. Wonderful outdoor living spaces w/paved patio, screened gazebo, & deck to enjoy the panoramic views & nature. Beautifully landscaped yard w/irrigation system provide a gorgeous setting...truely lovely home. (481584) OCEAN PARKWAY

Enjoy magnificent views from this spacious 3BR 3BA waterfront home located in Wood Duck Isle, Ocean Pines. Great cul de sac location with lots of decks & great views everywhere! Fresh carpet & paint…completely ready to go! (478917)

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$549,000

Large, well maintained 4BR/3.5BA home with 2 master bedrooms (one on first level & one on second). Super easy access to the river with NO Bridges. Open living spaces & nice deck offer wonderful entertaining spaces & great views down the canal. Large 2 car garage offers extra covered parking or storage for your toys! Roof was replaced 2012/2013.

1 Year AHS warranty for Buyer.

(484328)

GOLF COURSE LIVING WITH WATER VIEWS

$699,000

$347,900

35 HARBOR MIST CIRCLE

Best location at the Borderlinks in Ocean Pines! End unit #46 on the 18th tee w/ beautiful views down fairway. Canal Views too! Upgrades including Corian counter tops, updated energy efficient heat pump!

Plenty of parking. Fully furnished! Designed for the ultimate in leisure living & ready to enjoy. (486219) $175,000

Stylish, contemporary, impeccably maintained, 3BR/2.5BAhome offers spacious foyer, open living areas w/cathedral ceiling, skylights, deck, 3 season rm, fenced backyard. HW floors, upgraded fixtures, window treatments, Vermont Castlings gas stove (living room). First floor office! Close to White Horse Park, Swim & Racquet Club. Yard landscaped w/ perennials.

Truly a special home w/ great character. Enjoy Ocean Pines amenities, proximity to beaches, shopping, restaurants, medical facilities!

(486273)

$249,900

Ocean City

GOLDEN SANDS – 109TH ST OCEAN FRONT

Very nicely maintained & tastefully furnished 2BR 1.5BA unit. Whether you’re looking for a great rental or secure building w/lots of amenities, this could be the unit for you. Spectacular ocean views from living areas AND the master bedroom. The building offers both indoor & outdoor pools, fitness room, sauna, outdoor tennis, game room, elevators & security. (483321) $319,500

PAGE 16

JANUARY 2014

REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS/OCEAN CITY TODAY

Here’s to a bright & sunny New Year.... with your very own place at the Beach!

Make memories in 2014 NANCY REITHER

Sales Associate Office: 410-524-1203 / Direct: 410-723-8574 / Cell: 410-603-5050 Email: nreither@cbmove.com

COLDWELL BANKER - 12003 Coastal Highway, Ocean City, MD 21842

OCEAN BLOCK

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OCEAN BREAK 103 12101 ASSAWOMAN DR $359,000 3BR/2BA Ocean block unit. Large kitchen, dining area, family rm w/gas fireplace overlooking balcony to ocean. Master BR has private bath, walk in closet. Building has rooftop pool. Turn Key, completely furnished, comes w/ hurricane shutters on sliders. MLS 485543

SEA PALMS UNIT 102 $479,900

78 SEAFARER LN, OCEAN PINES $137,900

CARAVELLE 12106 WRIGHT ST – $799,900

SEATIME 6 135TH STREET $154,900

Spacious 3BR/3BA condo, designer furnished and never rented. Fully furnished w/ art work, custom murals. Luxury kitchen w/ plenty of storage space, counter space. Open fr, dining area overlook balcony, gas fp. Large balcony w/ views.

Motivated Seller! Lg corner lot rancher, new carpet, washer, dishwasher. 3BR/2BA rancher w/central air, deck & screened porch. Great starter home or investment.

MLS 486643

Highly desirable direct ocean front 4 BR Caravelle townhome is finally for sale. Some of the largest decks in OC. Oversize kitchen has custom cabinets, granite countertops, tile flooring, lots of storage space. Completly furnished,never a rental. Large deck off spacious living area w/private outdoor shower, direct beach access. Master BR w/deck overlooks ocean. MLS 485798

Fully furnished 1 BR/1BA w/ great pool, ocean views. Sleeps 6 very comfortably. Fully updated: bathroom, new kitchen cabinets, appliances, flooring, bathroom tile, vanity, shower, toilet, large glass sliders, front windows, storm door, carpets, paint. Close to beach/ocean.

MLS 485862

MLS 486271

PRICED FOR QUICK SALE!

PRICE REDUCED!

HUGE WATERFRONT, OC HOME SHOWS BEAUTIFULLY! PR

12305 ASSAWOMAN DR #201 $184,999

2BR/2BA w/ Ocean views from inside. Upgraded kitchen, stove, washer, cabinets & water heater. Beautiful furnishings. North end location, walking distance to Northside Park, restaurants & shopping. Well run condo association with fees only $1,000 per year, including insurance & maintenance. No special assessments. MLS 483211

ATLANTIC MIST II 204 143RD ST $147,999

2BR/1BA beach condo. Tile floors, open floor plan.Very low condo fees, short walk to beach, movie theater, restaurants, shopping. Central air. Would make a great beach home, family starter home or investment.

MLS 486339

DIRECT OCEANFRONT 3BR/3BA

REDUCED $100K

RENTAL INCOME for 2012 was $55k!

OCEAN BLOCK SINGLE FAMILY HOME

314 N HERON GULL CT OCEAN CITY $985,000

5BR/3.5BA gorgeous 4000+ sq ft home in Heron Harbor w/ 2 master suits. Large open kitchen w/ granite countertops, stainless steel appliances, FR, gas fp, Bamboo floors, carpet, custom window treatments, central vac ,screened in porch & deck overlooking the water. New vinyl bulkhead, boat lift, jet ski lifts. MLS# 472860

REDUCED $100K

8 - 92ND ST OCEAN CITY $699,000

A South East corner unit w/extra windows & a gazebo deck. Views are endless! Large LR & dining area w/wet bar, gourmet kitchen w/stainless steel appliances & granite countertops. This unit was designer furnished

by Bethany Resort Furnishings & tons of upgrades. MLS 470005

2nd house from the ocean on 92nd street! Ocean from large expansive decks. 4 BR’s 3 BA’s. Large fenced back yard. Wood burning fireplace, central air & heat. For investors this is a prime development property that is Zoned RE. Owner will consider a property trade. MLS 464672

3BR/2BA OCEANFRONT

DIRECT ACCESS TO BAY!!!

BRING ALL OFFERS

PRICE REDUCED!!!

Steps to the ocean, ocean block! R-3 zoning residential or build your family beach house. Buy now & hold, until you are ready to build. There is only so much land & ocean side once it's gone it's gone.... Buyer to confirm all development plans w/ city agencies.

MLS 464656

OCEANFRONT

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Beautiful 3BR 2BA direct oceanfront condo in North OC. Updated flooring & nicely furnished. Large living/dining area, master bedrm w/a great view of ocean & 2 additional BR’s w/ocean & bay views. Building offers indoor & outdoor pool, fitness center, sauna, game rm, security & tennis, has been completely renovated & condo fee includes cable. You will love the year round enjoyment this building offers & also great investment w/2012 income of $25,000. MLS 481495

302 S HERON GULL CT OCEAN CITY $719,000 Beautiful home w/4 BR’s & large bonus rm. Beautiful kitchen & large deck, 1st floor master w/large BA. Located in Heron Harbour w/Indoor & outdoor pools, tennis, fitness room & club house. Boat slip w/direct access to bay. MLS 472099

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OPEN HOUSE

Sat 12/28 - 10am-3pm 601 BAYSHORE DRIVE OCEAN CITY $929,900 4BR/4.5 BA custom built home featuring four bay front decks. Open floor plan, bamboo flooring, gourmet kitchen, 75'' HDTV entertainment system, elevator, video security system, master suite with bay front deck, rooftop hot tub and deck. MLS# 485110

BEST DEAL IN OCEAN CITY! AN YMA L D I N C H A SPE

LOT 5 93RD ST, OCEAN CITY $499,000 BELMONT TOWERS 401 –2 DORCHESTER ST OCEAN CITY $999,900

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SEA WATCH 11500 COASTAL HWY $329,000 2BR/2BA plus den. Oceanfront w/ amazing views, furnished, covered deck. Newer appliances, sliders, A/C system. Indoor & outdoor pools, fitness center, lighted tennis courts, volleyball, basketball court, playground, video game rm w/ two pool tables. Second home or great vacation rental. MLS 487298

2701 GULL WAY, OCEAN CITY - $235,000 3509 sq ft for great price! Very lg living area, spacious kitchen w/dining area, lg 3BR/2.5BA. 3 additional bonus rooms w/ closets on second floor. Rear deck w/ peek of bay & oversized covered front porch. New appliances, carpet, tile, ceiling fans, water heater. MLS# 486607

GORGEOUS WATERFRONT HOME T& S IF IFT T LK I L A O S 1 BJ E T 2

10600 PINE NEEDLE RD $439,900 Located on wide canal. Boat lift + 2 jet ski lifts at your back door. X-large deck. Designer decorated3BR on a large premier corner lot. Large living area overlooks water, dining room and kitchen, fireplace for year round pleasure. Oversized master bedroom w/ bath & walk-in closet. Well maintained w/ many upgrades. MLS 483024