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Meadow Mountain Teacher Named Best In Business

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Jul. 1, 2010

The American Correctional Association (ACA) has named Russell Metz as one of the “Best in the Business” in the United States. Metz is a science and aquaculture teacher at Meadow Mountain Youth Center, a Department of Juvenile Services (DJS) facility located in Grantsville. The facility specializes in the treatment of youth with substance abuse issues. Metz is one of only 17 correctional employees selected by the ACA from hundreds of submissions.
Since 2005, Metz has steadily transformed the classroom-oriented approach to science, math, and engineering into an environmental science program that takes a hands-on approach in the facility’s environmental center. In partnership with the Maryland Department of Natural Resources Fisheries Service, Metz and his students study the cultivation of fish and other aquatic organisms, which is also known as “aquaculture.”

“I have always enjoyed teaching, but it is very rewarding to watch the excitement and joy the students express when they partake in these new experiences,” said Metz. “Some of these youth have never been out of the city, so this country, outdoor, environmental experience is all new.”

Metz and his students oversee the state’s only indoor recirculating system for growing hybrid sunfish. The students are responsible for the care and maintenance of the fish by conducting water tests and collecting data for food and growth charts. The fish are then taken to local ponds by the DNR and released to re-stock the fish populations.

“I already know that DJS has some of the most dedicated employees in the country, but it is great to see one of our own receive the national recognition that he rightly deserves,” said Secretary Donald W. DeVore. “Russell’s aquaculture program has achieved remarkable success with youth who previously have struggled to learn in a traditional classroom environment. The youth that participate in Russell’s classes are not just learning about environmental science; they are learning that they can succeed.”

The ACA also recognized three DJS employees as the “Best in the Business” for the state of Maryland: Dwain Johnson, director of the DJS Violence Prevention Initiative; Daniel McCoy, resident advisor supervisor at the Baltimore City Juvenile Justice Center; and Leo Zilka, community detention officer III.

If you are thinking of buying or selling real estate in Garrett County or Deep Creek Lake, Maryland, call Jay Ferguson of Railey Realty for all of your real estate needs! 877-563-5350 Deep Creek Lake Info, Business Directories, Classified Ads, Events & more! Advertise on www.DeepCreekAlive.com!

Fireworks Shows Slated For July 3-July 4 Weekend

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Jul. 1, 2010

At least two major fireworks events are slated for the Independence Day weekend. Garrett County residents and visitors are invited to Broadford Park on July 3 and to Deep Creek Lake on July 4.
The annual fireworks celebration at Broadford Park is set to begin at dusk on Saturday, July 3. A rain date is slated for July 5. Fireworks will be provided by the American Fireworks Company.

The annual Fire on the Mountain fireworks display is slated for Sunday, July 4, to begin at dark, with fireworks being set off at Wisp Resort. The event is sponsored by Hugh Umbel Companies, and a rain date has also been set for July 5. Fireworks can be viewed from numerous points in the area, including by boat. The show will be preceded by the Garrett Community Band/Garrett Choral Society concert on the lawn at Garrett College, which is set to begin at 7:30 p.m.

If you are thinking of buying or selling real estate in Garrett County or Deep Creek Lake, Maryland, call Jay Ferguson of Railey Realty for all of your real estate needs! 877-563-5350 Deep Creek Lake Info, Business Directories, Classified Ads, Events & more! Advertise on http://www.deepcreekalive.com/!

Welcome to summer 2010 – Deep Creek Lake state park

85 degrees and sunny at the DCL state park. To celebrate the first day of summer, my family and I took a boat ride, went swimming in Mchenry Cove and by the state park bridge. We stopped by the Discovery Center to see the exhibits and then hit the beach for some sun and sand! Next up, Arrowhead by boat for dinner 🙂

Many more pictures to follow later on 🙂

Enjoy your summer!!!

Sent from my U.S. Cellular BlackBerry® smartphone

Deep Creek Lake Maryland Real Estate Sales, Homes For Sale, Water Front, Ski-in / Ski-Out – Jay Ferguson – Railey Realty – Garrett County

EASIEST real estate search engine to use, and the best listings in Garrett County & Deep Creek Lake, courtesy of Railey Realty:

Deep Creek Lake Maryland Real Estate Sales, Homes For Sale, Water Front, Ski-in / Ski-Out – Jay Ferguson – Railey Realty – Garrett County

If you are thinking of buying or selling real estate in Garrett County or Deep Creek Lake, Maryland, call Jay Ferguson of Railey Realty for all of your real estate needs! 877-563-5350

New home sales in March rocket past expectations – Washington Post

New homes sales in March shot up 27 percent from their record lows in the previous month, as home buyers rushed to take advantage of the government’s purchase credit before it expires at the end of this month.

Sales rose to a seasonally adjusted annual rate of 411,000, the biggest monthly jump in 47 years and the strongest month since July, the Commerce Department said this morning.

The sales figure blew past forecasters’ estimates, which expected an annual sales rate of 330,000.

The other good news is that the median sales price of a new home rose slightly compared with last year, up 4 percent to $214,000.

The downside to this good news is that the housing market remains in distortion, thanks to the continued government incentives. We won’t get a clean number on home sales until June, because May will be the first month when homes are sold without any sort of government incentives (assuming that Congress does not extend the credit again).

Read the rest here:
Economy Watch – New home sales in March rocket past expectations

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Dennis Hannibal – Western Maryland Appraisals – Deep Creek Lake

I wanted to profile my good friend Dennis Hannibal, who is a local appraiser here in Garrett County & Deep Creek Lake. We had a great conversation about the real estate market the other day at my Railey Realty office. He is a wealth of information and I highly recommend him for all of your appraisal needs!

Dennis Hannibal
Western Maryland Appraisal Services
Mc Henry, Maryland (md)
301-387-7446

dehannibal@verizon.net

If you are thinking of buying or selling real estate in Garrett County or Deep Creek Lake, Maryland, call Jay Ferguson of Railey Realty for all of your real estate needs! 877-563-5350

Deep Creek Lake now at normal level

Cumberland Times-News

— Deep Creek Lake at normal level

MCHENRY — Deep Creek Hydropower is now operating within the rule band established by the Maryland Department of the Environment to retain Deep Creek Lake at its appropriate level.

Last month, MDE approved a request from Brookfield Renewable Power, the owner of Deep Creek Hydropower, to lower the water level to accommodate the winter’s record snow pack and subsequent melting.

Brookfield also brought in seven “ice eaters” to break up and remove ice and reduce ice pressure on the spillway. MDE and the Maryland Department of Natural Resources worked closely with Brookfield to monitor the situation.

The analysis of water content in the snow pack and the lower than expected rainfall has made spring flooding this year unlikely.

Lake levels are posted at www.deepcreekhydro.com.

Spring time at the Wisp Ski Resort

Wisp Ski Resort Deep Creek Lake
Wisp Ski Resort Deep Creek Lake

It’s that time of year…I’m starting to see some bare spots on the Wisp Ski Resort. Overall, it was a great ski season and a record winter for snowfall. Spring is here at Deep Creek Lake and the warmer weather (and rain) has led to some bare spots on the mountain. Virtually all of the snow that was here on the ground has melted now. It snowed yesterday, but there was no accumulation. Keep checking back for more info from the I Love Deep Creek blog!

If you are thinking of buying or selling real estate in Garrett County or Deep Creek Lake, Maryland, call Jay Ferguson of Railey Realty for all of your real estate needs! 877-563-5350

Investors Are Buying Houses Again

March 23, 2010 by cloeffler

Good news for the second-home market.

More home buyers are snapping up properties with cash, a trend driven in large part by investors returning to the market after four years of falling prices around the country.
The share of home sales involving all-cash transactions was 26% in January, up from 18% a year earlier, according to the National Association of Realtors. The figures come from a survey of members about their most recent transactions. Many home buyers also are paying cash, but investors are largely using cash so they can avoid paying interest charges on loans and get a larger return on their investment.

Other NAR data also show a pickup in investment activity.

Home purchases made by buyers identified as investors climbed to 17% in January, up from 15% in December and 12% in November.

“We bottomed out in 2008, and in late 2009, prices stabilized and investors have returned,” says Mark Fleming, chief economist at First American CoreLogic. “It’s a different type of investor going after foreclosed properties and expecting to hold on for longer time frames.”

Many investors say they’re financing their purchases with cash on hand, rather than borrowing.

Evan Spinrod of San Francisco bought three rental properties in November and February and now owns 21 in four states. The rent he collects gives him an 8.5% annual return on his investment. Some of his homes are worth about $165,000. “I’m still looking,” Spinrod says. “You can’t build these houses for the prices they’re selling them. I’ve always seen that the real wealth was in real estate. People have been sitting on cash, and there’s no interest from the bank (to pay).”

Leonard Baron, a real estate professor at San Diego State University, has bought three homes with cash in the

San Diego area in the past eight months, ranging in price from $100,000 to $130,000. He rents the properties.

Baron says now is an ideal time to make such purchases. “It’s because prices have dropped so much and rents really haven’t,” he says. “The deals were unbelievable.”

Some Realtors also say they’re seeing increased investor activity.

“Flippers, rehabbers, investors … are, in fact, buying,” says Lisa Johnson, with Coldwell Banker Residential Brokerage in Haverhill, Mass. “I’m getting builders who have stopped building and are instead buying up condos and single-family homes to fix them up and sell them. It’s a neat change I haven’t seen in four years.”

All-cash purchases also reflect a growing number of investors buying higher-end properties without credit, says NAR spokesman Walter Molony. That’s a sign that some investors see real estate prices as having nowhere to

go but up. All-cash offers give buyers a competitive edge on rival offers – even higher ones – that are dependent on financing. Cash deals can close faster and are less likely to fall through.

“You have to have cash to be able to close quickly and have negotiating power. Cash is king,” says Tanya Marchiol, president of Phoenix-based Team Investments, which buys about 70 properties a month with cash it raises from investors. “We do want to flip it or generate cash flow (through renting it out). Now is the time to buy for cash flow. We know the market is going to rebound.”

Some investors say the current real estate market is an ideal time to buy because homes are so low priced, they are bound to hold their value.

That’s the philosophy of Jim McClelland of Tinley Park, 111.

He is buying about 120 to 150 entrylevel homes in the Chicago area this year and owns a total of about 300 properties.

He says now is a good time to buy because properties going into foreclosure are no longer just one-bedroom, fixer-uppers but nicer, split-level brick homes with more bedrooms that will probably appreciate to a higher value.

That’s because so many prime-rate borrowers who bought more expensive homes have gone into foreclosure.

He puts about $60,000 into upgrading a property, then rents it out.

“Do I think this year will be a better time to invest than in 2009? Yes,” McClelland says. “There have always been foreclosures. The difference now is you get a better home for the same kind of money. You’re sitting on better inventory. People get into real estate for financial independence. It’s not a quick fix. It appreciates. It doesn’t happen overnight.”

By Stephanie Armour USA TODAY

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