Mark S. Holloway, vice president and Eastern Shore regional manager for Long & Foster Realtors announced recently that the offices in his region have shown an increase in sales volume of 100 percent. The increase was for the month of January 2010 vs. the same month in 2009. Holloway said it was a significant increase and indicates that the real estate market is continuing to grow.
“We are very pleased that all factors indicate the reversal of the real estate market,” he said. “Inquiry calls, showings, open house attendance and general activity have increased.”
Holloway also said, “This is an excellent time to buy a home because of the $8,000 tax credit for first-time buyers, as well as the $6,500 tax credit for folks that have previously owned a home, and the low interest rates.
Holloway congratulated each agent and branch manager for helping obtain the increase. He indicated that all are hoping the increases can be maintained throughout 2010.
Offices in Long & Foster’s Eastern Shore Region are located in Kent Island, Easton, Denton, Cambridge, St. Michaels, Salisbury and Ocean City in Maryland. The offices in Delaware are located in Bethany and Rehoboth.