For some, buying a home now may be last on their to-do lists, but real estate experts say it couldn’t be a better time to buy on the shore.
One expert tells me that interest rates are at an historic low and buyers are attracted to the shore due to it being less crowded and surrounded by many places to escape. “If there’s going to be a crisis like a pandemic or something where you’re going to be stuck at home so to speak, it’s much better to do so where you can spread out and go to the beach or parks than be stuck in a city,” said President of Coastal Association of Realtors Maryland Joni Williamson.
The Maryland and Delaware group of Long & Foster Real Estate in Salisbury ranked number one in the company with 749 homes sold in 2020.
The team says one big selling point for buyers is finding ways to keep money in their pockets.