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January 2016 Real Estate Guide

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JANUARY 2016

TOYS FOR TOTS During its 2015 holiday party at Seacrets on 49th Street in Ocean City, the Coastal Association of Realtors (CAR) collected more than 100 toys for the Toys For Tots Foundation and raised $1,000 for Wounded Warrior Project (WWP). Pictured, from left, are Coastal Realtors events committee members, Rosie Beauclair of Shamrock Realty Group, Pam Rocco of PNC Mortgage, Chris Short of Universal Mortgage & Finance, Nancy Britt of Coldwell Banker Residential, Sgt. Joshua Carson of the U.S. Marine Corps, Mary Burgess of Shamrock Realty Group, Pam Wadler of Shamrock Realty Group, and kneeling, Mike Ciorrocco of Universal Mortgage & Finance.

Pending sales growing Settlements decrease from Oct. but that’s part of seasonal cycle with slower wintertime sales

Berlin–Pending sales on the Lower Eastern Shore saw a significant increase in November, according to the latest figures from the Coastal Association of Realtors (CAR). CAR’s local housing statistics for November 2015 showed an overall 20.4 percent increase in pending sales or contracts compared to the same time last year in Somerset, Wicomico and Worcester counties. Most notably, contracts for single-family homes in Somerset County increased by a whopping 122.2 percent. Single-family home contracts in Wicomico County increased by 18.3 percent and remained flat in Worcester County. Settlements of single-family homes and condominiums were down across the board, with the exception of a slight increase in settlements of condominiums in Somerset County. Local inventory continues to decline, with the month’s stock decreasing by 13.9 percent as compared to the same time last year in all

three counties of the lower Eastern Shore. Listing and sales prices were up by 7.8 percent and 10.1 percent, respectively, compared to October. This is reflective of a national trend of decreased inventory resulting in increased prices. However, the ratio of homes that are selling at or close to their listing prices is up in all three counties, which reflects more accurate appraisals and the expertise of local Realtors who know their products. “We traditionally see a dip in sales during this time of the year, as the weather gets colder and prospective clients shift their focus to the holidays and their families,” CAR President Linda Moran said. “Rising prices and soon-to-be increased mortgage interest rates may impact the local market in the new year. “But our Realtors are dedicated to helping their clients figure out to make their dreams of home ownership or second home ownership come true.” CAR’s monthly local housing statistics are pulled from the association’s Multiple Listing Service, which represents the activity of more than 1,000 local Realtors in Somerset, Wicomico and Worcester counties.


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

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Real Estate

JANUARY 2016

INDEX OF ADVERTISERS

Published 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 REAL ESTATE RESOURCE Coastal Association of Realtors/Ocean City Today

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 key weekends throughout the year. On the Web: www.oceancitytoday.net Editor/Publisher ..........................................................Stewart Dobson Managing Editor............................................................... Lisa Capitelli Account Managers........................................ Mary Cooper, Shelby Shea Classifieds/Legals Manager ........................................ Donna L. Moran Senior Designer .............................................................. Susan Parks Graphic Artists ......................... Kelly Brown, Kaitlin Sowa, Debbie Haas Assistant Publisher........................................................... Elaine Brady Comptroller ................................................................. Christine Brown Admin. Assistant................................................................... Gini Tufts

410-641-0039 WWW.OCEANCITYTODAY.NET

Nanette Pavier/Holiday Real Estate..................................................................Page 2

Linda Moran/Berkshire Hathaway/PenFed Realty ..........................................Page 3

Carol Proctor/Berkshire Hathaway/PenFed Realty..........................................Page 4 Bud Church Realty/Coldwell Banker.................................................................Page 4

James Prete/Berkshire Hathaway/PenFed Realty............................................Page 5 Sally Stout/Berkshire Hathaway/PenFed Realty ..............................................Page 5

Berkshire Hathaway/PenFed Realty - Ocean Pines ..........................................Page 6 Berkshire Hathaway/PenFed Realty - Ocean Pines ..........................................Page 7

Long & Foster .....................................................................................................Page 8

Mary McCracken/Long & Foster .......................................................................Page 9

Long & Foster ...................................................................................................Page 10

Maryland Title Service .....................................................................................Page 10 Bill Nielander/Stephen Cain/Long & Foster....................................................Page 11

Bunting Realty ..................................................................................................Page 12 Nancy Reither/Coldwell Banker Residential Brokerage .................................Page 13

Jason Cook/Embrace Home Loans..................................................................Page 14 Rusty Molnar/Condominium Realty ...............................................................Page 14 George Rines & Jennifer Cropper-Rines/Coldwell Banker Res. Brokerage ...Page 15

Shamrock Realty...............................................................................................Page 16 Marlene Ott/Shamrock Realty .........................................................................Page 17 Kevin Heselbach/Hileman Real Estate ............................................................Page 17

Power of Two/Hileman Real Estate.................................................................Page 18

Hileman Real Estate .........................................................................................Page 19 Century 21/Horizon Real Estate......................................................................Page 20

Discover Some of These Great Deals & Be Ready By 2016

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 Website WWW.OCEANCITYMDCONDOS4SALE.COM

Heron Harbour Isle - 120th St : Indoor & 2 Outdoor Pools, Tennis & Fitness Center Sales Center OPEN Friday-Monday 11 to 4 Baywatch III 201A

Baywatch II 202B

Heron Harbour Isle Amenities Club House

End 3BD/2BA & Slip #40

2BD/2BA 2nd Floor & Slip #63

Large End Unit Huge Deck Nice Views Extra Features Great Rental

Lovely Water Views Nicely Cared For Large Tiled Deck Newer HVAC & HW Boat Lift

MLS 492766

Fitness Center

12004 Assawoman Dr Ocean Side 120th St

Harb our Club #1 C

Updated 2BD/2BA & Slip #15

1st Floor 2BD/2BA & Slip #35

Two Outdoor Pools

Indoor Pool

MLS 499813

Ocean Block 4 UNIT APARTMENT Complex

2 0 8 S e as c ap e # 2 0

Beautiful Interior Wood & Tile Floors Granite Counters Custom Blinds New Appliances

MLS 499792

Seaside Village -New Construction- West OC

Great Corner Unit Lovely Interior Big Sunny Deck Slip with Boat Lift Steps to Docks

MLS 500567

Water Front 704 Bradley Rd

Baywatch I 102 A

2BD & 2.5 BA & Boat Slip

2BR/2BA First Floor

New Bay Front Townhomes

Great Multi-Unit Investment Property! 4 Apartments- each with 2 Bedrooms & 1 Bathroom Central Heat & AC in each unit. Updated exterior, interior, kitchens & new windows. Private parking and laundry area. Just steps to the beach & proven rental income. M LS 4660 24

NOW SELLING – Luxury 3 BED/ 3.5 BA 2,000+ Sq Ft Own a fabulous view of Ocean City Skyline at Seaside Village by Lennar "Everything's Included" New 3 Level Fee Simple Townhomes Featuring the extras that buyers want at no additional cost. Great amenities: Outdoor Pool, Fitness Center & Boat Slips For Sale

Best Priced Unit 12908 Sand Bar Ln #3 MLS 499886

Corner Townhouse Unit 102C With 1180 sq. ft. No Condo Fee Screened Porch

Great buy: $218,500 Spacious Unit With 1,050 sq ft Large Deck Lots of amenities

MLS 496221


JANUARY 2016

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

TEAM MORAN

443-614-2261 Linda & Marty Moran 443-856-8072 Claudia Gausepohl 443-695-4324 Buddy Dykes 443-528-7945 Holly Taranto 443-880-5022 Katie Quinn 443-944-4478 Karen Staskey 443-600-1170 Melissa Strawbridge

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Happy New Year from Team Moran! Let us help you find your new beach place in 2016. Ask Me How You Can Get Up To $10,000 In Closing Cost Paid When You Purchase One Of These Listings. Property Must Qualify! Call today.

www.OCBeachPlace.com or call Team Moran at 410-520-2628 to help you get moving in 2016! ED

UC

D RE

Bayside Waterfront -121 70th St #9 Seaway #24 - Ocean Block Midtown 2 bed/2.5 bath Townhouse 17 72nd St. #24 pbma + \Zk `ZkZ`^ Zg] `k^Zm Ûlabg` Great 2 bed/2 bath Oceanside unit. and crabbing off your dock. 2 story Balcony with Ocean view, a half townhouse above 2 car garage block to the beach. Sold furnished. fully furnished and ready for quick Has everything you need for a h\\niZg\r' =hg m fbll hnm ^gchrbg` perfect getaway condo! summer at the beach. $249,900

MLS 491054

MLS 499646

$199,900

ED

$277,900

MLS 498390

Best kept secret in town. 3BR/2BA. Olympic pool, lawn maintenance & trash pickup weekly. Live year round or use as a summer place, either way, it is affordable w/low HOA fees of only $78 mo. Low taxes. More units for sale in Mystic Harbour, so call me today to learn about living the Good Life. $159,900 MLS 499107

Looking for FIRST TIME BUYERS that want to buy in Worcester or Wicomico County areas.

We have a Team to help you make your DREAM come true. Learn ahp mh [nr pbma *)) ÛgZg\bg` and help with closing costs.

We will counsel you and help you through the process. Why pay rent, when you can own your own home? Call us today @ 410-520-2628

$539,000 MLS 498651 ED

D RE

5 Blue Heron – Bay Vista @ Mystic Harbour 14 Cutlass Drive – Mystic Harbour Lovely, well maintained rancher sold fully furnished. Well equipped kitchen, large living room, split [^]khhf Ühhk ieZg' L\k^^g ihk\a Zg] ]^\d% ikboZm^ back yard with path to canal to put in kayak or paddle board with access to bay. Newly replaced Gas HVAC and hot water heater. Newly installed ^g`bg^^k^] aZk]phh] Ühhkl Zg] pZee mh pZee carpet. LOW HOA fee includes lawn care and trash pick-up. Join the Pool for a low $265 fee per season.

Lots of space for family & friends! Located on canal off 35th St. 4BR/4BA w/lots of upgrades. Fireplace & each BR has it own full bath room plus 2 car garage, community pool, & decks overlooking the canal & Assawoman Bay! Lots of custom murals & beachy decor. Get to the Boardwalk & enjoy the sights & food.

UC

UC

D RE

Bayside Waterfront - 3508 S. Canal St. #101

1465 Ocean Parkway The Point – Ocean Pines

<hgm^fihkZkr ÜZk^ ,;K(+'.;: p(oZnem^] ceilings, loft w/2BR/1BA. Flex room could be kitchen for in-law apt. or craft room/ eZk`^ h_Û\^ @Zl ?I ho^k&lbs^] + \Zk garage w/tons of storage. Screened porch adjoins family room. Blue prints available, home built by Grace Construction. MLS 498560

$375,000

ED

UC

D RE

Tiffanie by the Sea - 5500 Coastal Hwy. C227

WOW what a great price for a spacious 2BR/2BA condo in mid-town OC. Well maintained unit and building, with strong condo association. Fully furnished. Each BR has private bath. Peek-a-boo view of bay from dining area. Breakfast bar, balcony with pool views. 1 block to beach and pool. $214,900

MLS 495220

Search the Local MLS at www.OCBeachPlace.com or www.LindaMoran.com

Decatur Business Park 9748 Stephen Decatur Hwy #109, West OC MD 21842 410-520-2600 ©2015 BHH Affiliates, LLC. An independently owned and operated franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of America, Inc.® Equal Housing Opportunity.

Direct Oceanfront - 10002 Coastal Hwy

Prime Ocean front location next to Clarion. Indoor pool, hot tub and sauna and use of amenities at the Clarion. Ocean Front Master bedroom with oceanfront balcony. Ehp Ühhk pbma `k^Zm ]bk^\m h\^Zg _khgm view. Great rental and fully furnished just waiting for you. A sweetheart of a deal! $375,000

MLS 495396

WANTED:

YOUR PROPERTY FOR SALE HERE!

White Horse Park 158 Black Duck Lane

Looking for a summer getaway? White Horse Park has it all: pool, clubhouse, docks, security and active HOA. Low $125 HOA fee per month includes water & amenities. Corner lot. Fix up or replace with manufactured home--lots of possibilities. You own the land! $77,000 MLS 494729

If you are thinking of selling your property, please call Team Moran. We have a proven record & a reputation for getting the job ]hg^ kb`am ma^ Ûklm mbf^'

Since 2008, Team Moran has contributed to Sunshine Kids (kids with cancer) a portion of our commission. This year, Linda Moran was honored as giving the most for the company in 2014. Whenever you buy or sell from the Moran Team a donation will be made – We call it “CLOSINGS WITH CHARITY”. Thank you for another great year.


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