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Home purchase loan demand up as rates hit record lows

By Julie Haviv

NEW YORK | Wed Oct 6, 2010 7:07am EDT

NEW YORK (Reuters) – U.S. mortgage applications for home purchases rose for a second straight week, with demand at its highest level since early May as potential homeowners took advantage of record low interest rates, data from an industry group showed on Wednesday.

Demand for home refinancing loans, however, slumped for a fifth straight week as tight lending standards and a weak labor market prevent many homeowners from taking advantage of rock-bottom rates.

The Mortgage Bankers Association on Wednesday said its seasonally adjusted index of mortgage applications, which includes both purchase and refinance loans, for the week ended October 1 decreased 0.2 percent. The four-week moving average of mortgage applications, which smooths the volatile weekly figures, was down 3.0 percent.

Read the rest here.

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 Do It All specializes in cleaning services in Garrett County & @ Deep Creek Lake. Give them a call (301-501-0217) or visit the website – competitive rates and quality results from a locally owned & operated company!

Fewer sellers cut home prices in September: Zillow

By Julie Haviv

NEW YORK | Wed Oct 6, 2010 5:27pm EDT

NEW YORK (Reuters) – The percentage of home sellers who cut their asking price fell in September, with price reductions smaller than the month before, real estate website Zillow.com said on Wednesday.

Prices on 28 percent of homes listed for sale on the Zillow website had been cut at least once as of the end of September, down from 34.9 percent in August, it said in the report, provided exclusively to Reuters prior to its wider release.

It was the second consecutive month the percentage of home sellers who reduced their asking price decreased from the previous month.

Price reductions peaked in July 2010, when more than one-third, or 36.5 percent, of listings on Zillow had at least one price reduction.

Read the rest here.

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 Do It All specializes in cleaning services in Garrett County & @ Deep Creek Lake. Give them a call (301-501-0217) or visit the website – competitive rates and quality results from a locally owned & operated company!

Area residents snag roles in film to be released Friday

Frederick triplets, Allegany County relatives featured in ‘Life as We Know It’
Kevin Spradlin
Cumberland Times-News The Cumberland Times-News Wed Oct 06, 2010, 07:46 AM EDT

— CUMBERLAND — A couple of Allegany County residents took advantage of familial ties to earn roles in the production of “Life as We Know It,” a new movie set for release on Friday.

And on Saturday, proceeds from a special showing of the movie at the Garrett 8 Cinemas at Deep Creek Lake, located on U.S. Route 219, will benefit the National Transplant Assistance Fund for former Frostburg resident Patrick Barry.

Barry is a family friend of Julie Determan. Determan snagged a behind-the-scenes role as a production assistant. Her primary job was to care for her three granddaughters, who happen to be identical triplets.

At the age of just 28 months, Brooke, Lexi and Brynn Clagett, of Frederick, took turns starring as Sophie, a young girl orphaned in “Life as We Know It.” The girls are the daughter of Determan’s daughter, Erin Determan Clagett.

In the comedy, rated PG-13, Sophie is sent to live with her late parents’ friends, Holly and Eric. The two are not a couple and, until Sophie, enjoy the unattached life of single people.

Torey Weimer, 13, of Westernport, is an older cousin to the triplets and snagged a role as an extra in the movie.

The girls’ 6-year-old sister, Hannah, also made the final cut in the movie, which was filmed over an 11-week-period a year ago in Atlanta. Its lead roles are played by Katherine Heigl and Josh Duhamel.

“Atlanta was awesome,” said Weimer, who helps keep an eye on Brynne during a Thanksgiving scene at the dinner table.

Duhamel, she said, “was really nice. He was very down to earth and super sweet.”

Determan said both Heigl and Duhamel have very typical small-town backgrounds. Yet, she can understand how quickly Hollywood can get to people’s heads.

Determan said only about two weeks passed in between the Clagett girls being selected for the roles and filming began in Atlanta.

“There wasn’t really time to think about it,” Determan said. “Once we got there, they very quickly began shooting.”

With chauffeurs and catered meals, “I can understand why maybe stars sometimes have the egos that they do. It’s a fantasy world. Everything is given to you.”

Determan seemed to cling to her Frostburg heritage, however, she acknowledged “it’s a good fantasy for a while.”

Barry, 33, returned to Oregon last week after recuperating in Frostburg since his June liver transplant at a Pittsburgh hospital. Due to his illness, he lost his job when he relocated from rural southcentral Oregon to Portland to be closer to his doctors.

His wife, Mary, is still employed but Determan said Barry’s rejection medication is expensive.

“Now he’s attempting to begin job hunting again,” Determan said of Barry, “which is not an easy thing to do in this economy. There are still a great many expenses.”

Tickets to the special showing are $10 for adults and $5 for children. They can be purchased by calling Linda Barry at 301-689-3394.

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 Do It All specializes in cleaning services in Garrett County & @ Deep Creek Lake. Give them a call (301-501-0217) or visit the website – competitive rates and quality results from a locally owned & operated company!

Dancing Classroom founder offers encouragement for local program

Kristin Harty Barkley
The Cumberland Times-News Wed Oct 06, 2010, 07:45 AM EDT

— CUMBERLAND — The fifth-graders tittered nervously as internationally renowned dance instructor Pierre Dulaine demonstrated the Merengue, swiveling his hips with each sideways step.

“I’ve got buttons on my pants, and I’m shaking my buttons,” Dulaine said, encouraging students to let loose a little bit. Soon, they were squealing with giddy delight.

“So, shake it!” Dulaine commanded, adding a caveat for one over-exuberant young man. “Just shake it! Don’t break it!”

Dulaine turned the auditorium of Bishop Walsh School into a “Dancing Classroom” Tuesday when he visited Allegany County to help promote the local branch of the arts-in-education program he founded 16 years ago.

Launched in New York City — and now taught in schools across the country — Dancing Classrooms teaches young people the basics of ballroom dance, but in the process, they learn fundamental life skills such as self-confidence and respect.

“There’s a lot of social barriers that are broken down,” said Jennifer Christophel, who founded Dancing Classrooms Western Maryland last year, piloting the program in four Garrett County schools.

“When I went into my first class, one of the things I heard a lot of was, ‘I don’t want to dance with him,’ or ‘I don’t want to dance with her.’ There were a lot of cliques. By the 20th lesson, there’s none of that.”

This year, Christophel hopes to expand Dancing Classrooms into Allegany County and surrounding areas. Tuesday’s demonstration at Bishop Walsh was part of ongoing discussions with administrators there who are considering offering the program.

Accident Elementary School Principal Karen Devore said she recommends it.

“It was a tremendous program for us,” said Devore, who took a few of the 20 dance lessons with her fifth-graders when Christophel taught the program there last spring.

The school is in the midst of raising about $3,000 so that it can offer Dancing Classrooms again this year, Devore said.

“I was beyond impressed with Jennifer last year,” she said. “You can’t help but catch her enthusiasm. … My kids are so fired up.”

Christophel, who also owns Balanced Body Studio in Oakland, traveled to New York City last year to receive training in the “Dulaine method” of teaching ballroom dance.

Dulaine, who is “semi-retired” and lives in New York City, makes guest appearances at schools across the country to promote Dancing Classrooms. His life story was chronicled in the movie, “Take the Lead,” starring Antonio Banderas, and the 2005 documentary, “Mad Hot Ballroom,” tells the story of how Dancing Classrooms came to be.

On Tuesday, Dulaine started with boys and girls in two separate circles, then gradually moved them closer and closer together until they were actually touching. Playfully, but gallantly, Dulaine guided students through the rules of engagement.

“Repeat after me. May I have this dance, please?” he asked a partner with a slight bow.

“With pleasure,” is the traditional response, he said.

“It teaches them to become ladies and gentlemen, to relate to one another,” Dulaine said later. “It teaches them discipline, teamwork, being elegant and, more than anything else, respecting themselves and others.”

Frostburg State University adjunct dance instructor Jamie McGreevy stopped by Bishop Walsh to watch Dulaine’s demonstration Tuesday. She’s interested in training to become a ‘teaching artist’ to help Christophel bring the program to area schools.

“It’s great to teach that kind of manners and interaction with gender,” said McGreevy, who was impressed with the program. “The kids are so into texting computers these days they’re not really required to speak to each other.”

Bishop Walsh fifth-grader Claire Howell said that it was “a little weird dancing with boys” at school on Tuesday.

But “it was cool to learn,” said classmate Maddie Frank.

At Accident Elementary School, where Dulaine visited Tuesday morning, students wrote short letters thanking him for the dance lesson.

“I felt so graceful when I danced, and I’m thankful that our school gets to do this fun activity!” Kanykei Chorchanova wrote.

Another student, Charlie Taylor, wrote: “I love the way you were encouraging me and the other students to trust each other. Before I didn’t like being up in front of people, but now I’m not scared.”

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 Do It All specializes in cleaning services in Garrett County & @ Deep Creek Lake. Give them a call (301-501-0217) or visit the website – competitive rates and quality results from a locally owned & operated company!

Three bear carvings donated to park

Cumberland Times News

NEW GERMANY — Visitors to New Germany State Park are sure to see a bear this season — or at least a bear carving. The park now features three unique wood carvings, all donated to the park by local artist John “Sacco” Carter. Sacco and his son, Christopher, used a chainsaw to create the carvings, which range in size from four to seven feet tall.

“Sacco is an extremely talented artist,” said Ranger Erin Thomas. “We are honored that he chose to donate his work to New Germany State Park.”

Sacco, who is originally from Colorado, started carving about 10 years ago when he received a chainsaw for Christmas.

“I believe that wood carving is a gift,” said Sacco. “I donated the carvings to New Germany because I wanted to say ‘thank you’ to Garrett County and the many people who have made a difference in my life.”

The donated carvings can be found at the park entrance and at the ranger station. Additional carvings, also created by Sacco, are available for purchase at the New Germany gift shop, located inside the ranger station.

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 Do It All specializes in cleaning services in Garrett County & @ Deep Creek Lake. Give them a call (301-501-0217) or visit the website – competitive rates and quality results from a locally owned & operated company!

Day trip: Autumn Glory Festival in western Maryland


From the Baltimore Sun:

There is little argument that fall is one of the most beautiful seasons of the year. And spending some of it among the mountains of Western Maryland is a sure bet, even if all you do is take in the views. So if you’re looking for a change of scenery from your office cubicle, this week’s Autumn Glory Festival in Garrett County is more than worth the trip.

The 43rd annual fest offers dozens of activities taking place at a host of venues near Deep Creek Lake. There’s a Haunted Mountain Coaster at Wisp. A corn maze at Cove Run Farms. A Heritage Craft Festival and Quilt Show. An Oktoberfest Celebration in Oakland. A Great Pumpkin Festival at Adventure Sports Center International. And not to mention, a Grand Parade with marching bands, clowns and floats and a Royalty Court. That’s just the beginning of the fall fun at the five-day event, which was named the “#1 Fall Festival in the World” by msn.com.

The plan: Before you leave home, go to visitdeepcreek.com and download a festival brochure and map. It’s a bit of a drive to Garrett County, so plan on staying overnight. Depending on the weather, there should still be a few days left for camping, too. Once you decide on a base camp, fan out to whatever suits your fancy. The options are plentiful.

Read the rest here.

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 Do It All specializes in cleaning services in Garrett County & @ Deep Creek Lake. Give them a call (301-501-0217) or visit the website – competitive rates and quality results from a locally owned & operated company!

New state law will allow landowners to regain mineral rights

Megan Miller
The Cumberland Times-News Sun Oct 03, 2010, 08:03 AM EDT

— CUMBERLAND — A new state law took effect Friday that has nothing to do with cell phones, and everything to do with buried treasure.

It’s the Maryland Dormant Mineral Interests Act, and what it does is create a method for landowners to regain the mineral rights to their properties, even if those rights were leased or sold away generations ago.

That’s often the case in Western Maryland, where the mineral rights to many acres were acquired by coal companies in the 1800s or cleaved off and retained by property owners after they sold the surface land to someone else.

In those examples, the land may have changed hands a dozen times over the course of decades, but the mineral rights, long forgotten, still belong to the coal company or the descendants of the original landowner.

That information is seldom recorded on the modern deed and finding it can require extensive research in county land records, according to James Braskey, title abstractor for Allegany-Garrett Titles and Settlements.

“This family came in and thought they have the mineral rights to their property,” Braskey said. “I get back to 1882 and there’s a deed, and in that deed the seller reserved the minerals. So I told the family, they don’t have the mineral rights. Those are with Mr. X and his heirs.”

Two years ago Braskey conducted approximately 60 mineral rights searches for companies interested in Garrett County properties, and in half of those cases, the rights belonged to someone other than the surface landowner.

If the surface owners wanted to lease the mineral rights for themselves they had few options for moving forward, especially because the mineral owners were often unknown — and probably, themselves unaware of their ownership of the rights.

But starting Oct. 1, 2011, the owner of a surface property can take legal action to regain the property’s mineral rights.

Minerals, as defined in the act, include oil and oil shale, coal, sand, gravel, gemstones, clay, geothermal resources, and the list goes on. But the real impetus for the legislation was natural gas — specifically, natural gas in the Marcellus shale formation.

Delegate Wendell Beitzel said the process began several years ago when a group of Garrett County landowners pooled about 40,000 acres and began negotiating with a company interested in leasing their mineral rights to extract the gas.

“As leases were prepared we found out a lot of people thought they owned the mineral rights to their property and didn’t,” Beitzel said. “It’s nearly impossible to find out who owned that mineral under the surface because they don’t carry the information on the land records anymore.”

Beitzel sponsored the bill in the Maryland House of Delegates. Sen. George Edwards introduced it in the state Senate. The legislation was modeled after similar laws that have been enacted in about 10 other states.

“It’s a clarifying act that allows people … if they own the surface to get the minerals under the surface,” Edwards said. ”It’s something to clarify the whole situation, because it’s very confusing, and we think this is a good approach.”

The act only applies in situations where mineral rights have been dormant, or unused, for at least 20 years. If an owner of the mineral rights has exercised them in any way during that period — such as through exploratory drilling, mining, payment of taxes, or recording of a legal document that somehow gives evidence of the continued existence of their rights — the mineral rights are not dormant, and the surface owner can’t use the new law as a method to claim them.

Although the act went into effect Friday, surface owners must wait another year before they can initiate the legal process. That’s partly to give owners of dormant mineral rights time to demonstrate their ownership, Braskey said.

Beitzel said those precautions were built in to protect owners of mineral rights who wish to retain those rights.

“This is not intended to create a method for surface owners to take away the mineral rights of people who legitimately own them,” he said.

One company now has permits pending for exploratory natural gas drilling in Western Maryland. If that company succeeds, Beitzel said he believes many others will follow.

That could mean this law comes just in the nick of time for surface landowners who want to take advantage of a potential financial windfall from natural gas extraction.

It’s also important for landowners who don’t want to participate in the drilling to be certain they have the power to say no.

And for people whose ancestors retained the mineral rights to Western Maryland properties sold long ago, it’s just as crucial to protect those rights, Braskey pointed out. They could be the legal heirs to a potential fortune.

“There are some people out there sitting on literally millions of dollars,” he said. “And they don’t even know it.”

Contact Megan Miller at mmiller@times-news.com

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 Do It All specializes in cleaning services in Garrett County & @ Deep Creek Lake. Give them a call (301-501-0217) or visit the website – competitive rates and quality results from a locally owned & operated company!

TODAY is World Habitat Day – Habitat for Humanity

From Liza Peiffer,
On behalf of Habitat for Humanity
www.habitat.org

Habitat for Humanity hopes that by raising awareness and advocating for universal decent housing we can dismantle and alter the systems that allow for poverty housing and make an affordable, decent place to live a reality for all. Read more here.

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 Do It All specializes in cleaning services in Garrett County & @ Deep Creek Lake. Give them a call (301-501-0217) or visit the website – competitive rates and quality results from a locally owned & operated company!

Miss Maryland To Be Guest In Autumn Glory Parade

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University of Maryland senior Lindsay Staniszewski is Miss Maryland 2010, and through the annual sponsorship of Gregg’s Pharmacy, she will be a special guest in the Autumn Glory Festival Grand Feature Parade on Saturday, Oct. 9. At Maryland, Staniszewski is pursuing a bachelor’s degree in communications, with a specialization in public relations. Following her graduation in December 2010, she hopes to continue her education by obtaining a master’s degree in public relations. Staniszewski’s platform is “Beyond Beauty: Building Self-Esteem and Positive Body Image in Girls.” She said she hopes to use her title as Miss Maryland and her web site, beyondbeautyforgirls.com, “to help redefine the meaning of beauty.” For information about all Autumn Glory Festival special guests and events, see The Republican newspaper’s special supplement which is included in today’s issue, and will be distributed to news outlets and businesses throughout the 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

Deep Creek Do It All specializes in cleaning services in Garrett County & @ Deep Creek Lake. Give them a call (301-501-0217) or visit the website – competitive rates and quality results from a locally owned & operated company!

Hearing Slated Regarding Wisp Water Request

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Sep. 30, 2010

A public informational hearing will be held on Oct. 6 at 2 p.m. at the Deep Creek Discovery Center regarding an application made by Wisp Resort to draw water from a well in the Hoyes Run/Fantasy Valley area. The hearing is hosted by the Maryland Department of the Environment, and arguments for and against the proposal will be heard.
The application by Wisp, which was made this summer, is requesting a permit to withdraw ground water from one well in the Greenbrier/Pocono Formation for irrigation at the Lodestone Golf Course. The MDE is considering an appropriation for an annual average of 48,000 gallons of ground water per day and 175,000 gallons in the month of maximum use. The project was advertised in The Republican newspaper on Aug. 19.

Concerns have been raised by citizens in the area of Hoyes Run, who have stated that it is the only stream in Maryland in which brown, rainbow, and brook trout breed in the wild, and the use of water proposed by Wisp may weaken the stream and endanger the wildlife. Other concerns raised have to do with the residential needs for the water in that area.

Landowners in the area are pushing for a proper environmental impact statement prior to approving the licenses, and greater protection for this resource, according to Bryan Hubbard, a citizen involved in the process.

The public is invited to attend the hearing.

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 Do It All specializes in cleaning services in Garrett County & @ Deep Creek Lake. Give them a call (301-501-0217) or visit the website – competitive rates and quality results from a locally owned & operated company!