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Art in the Park - Deep Creek Discovery Center

From the Discovery Center website:

*Service charge applies for entrance*

July 10, 10 a.m. to 5:00 p.m.
July 11, 10 a.m. to 4:00 p.m.

Over 40 artists exhibit and sell their original artwork at this annual event sponsored by the Western Garrett County State Park Volunteers, Inc. to help local businesses and non-profits, provide environmental education, and fundraise for the Forest Canopy Walkway Project at the Discovery Center. Vendors at Art in the Park typically donate something to be auctioned off on behalf of the WGCSPV, Inc. to raise funds towards the forest canopy project and community members provide a ton of volunteer hours to make this event successful every year.

The WGCSPV, Inc. also hosts a Tye Dying Station where you can make your one of a kind Art in the Park T-shirt for $10. Proceeds benefit the Forest Canopy Walkway Project. The Discovery Center also hosts a booth with volunteers, where community members can observe the birds from the aviary up close and can even get a chance touch a range of different animals like snakes and frogs. The animals change every few hours, so visitors check in to see what is new.

Vendors/businesses include dixieland music, food, pottery, jewelry, photography, woodworking, watercolor and oil paintings and much more. If you are a vendor/business and would like to have a booth at this years Art in the Park, please call the Discovery Center ASAP. First come first serve. Spaces are limited!

Come by boat or car to the event. A service charge applies for entrance this year. Call 301-387-7067 or 301-387-7314 for more info.

Sponsored by the Western Garrett County State Park Volunteers Inc. and
Garrett County Arts Council

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/!

International Interest in U.S. Homeownership Increases - Reuters

Reuters – US Edition (NY,NY) via World Wide Web 07/07/2010
Source Website: www.reuters.com

International Interest in U.S. Homeownership Increases, Realtors(R) Report

Wed Jul 7, 2010 2:24pm EDT

WASHINGTON, DC, Jul 07 (MARKET WIRE) — International home buyers are increasingly attracted to property in the U.S., according to the National Association of Realtors(R)’ 2010 Profile of International Home Buying Activity. Several factors, including the strength of the dollar, the value and desirability of U.S. real estate, and the emerging economic recovery, continue to drive international interest in owning a home in this country. “While all real estate in the U.S. is local, the same is not true for property owners,” said NAR President Vicki Cox Golder, owner of Vicki L. Cox Real Estate in Tucson, Ariz. “The U.S. continues to be a top destination for international buyers from all over the world. Foreign buyers understand the value of owning a home in this country and can rely on Realtors(R) to help guide them through the complex process of buying property in the U.S. With expertise, knowledge and experience, Realtors(R) have a global perspective.” The survey, released today, covers the period between April 1, 2009, and March 31, 2010. During that time foreign buyers, including those with residency outside the U.S. as well as recent immigrants and temporary visa holders, are estimated to have purchased $66 billion of U.S. residential property, or 7 percent of the residential market. Slightly more than a quarter of Realtors(R), 28 percent, reported working with at least one international client in the past year. This is a significant increase from the 2009 report, when 23 percent of Realtors(R) worked with foreign clients. Eighteen percent of all Realtors(R) were estimated to have completed at least one sale, compared to 12 percent last year. “Several factors have contributed to an increase in international buyer interest in the U.S.,” said Golder. “A large majority of Realtors(R) report the changes in value to the U.S. dollar have had a strong impact on the international real estate business. In addition, perceptions abroad about trends in the U.S. real estate market have led many international clients to believe purchasing a home in the U.S. is more affordable than in their country and holds more value.”

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 Lake Info, Business Directories, Classified Ads, Events & more! Advertise on http://www.deepcreekalive.com/!

Central Maryland now in agricultural drought


Most of Central Maryland, incuding Baltimore and the surrounding counties, are now, officially, experiencing a moderate agricultural drought (tan on the map), according to the Drought Monitor map released Thursday by NOAA.

Portions of southern Anne Arundel County, Calvert and small sections of Prince George’s, Charles and St. Mary’s counties, are coping with severe drought (orange), according to the map.
Only Garrett County continues to enjoy normal conditions. The rest of the state (yellow)is rated as “abnormally dry.”

In all, 64 percent of Maryland is now classified as being in drought, up from 37 percent last week. About 4 percent is in severe drought for the first time this year.

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 Lake Info, Business Directories, Classified Ads, Events & more! Advertise on http://www.deepcreekalive.com/!

Horse rescue farm gets help from inmates - Garrett County horse follow up

Seems like the rescue horses are doing much better and they’re making new friends;

from the Baltimore Sun:

Even as she toiled at a Woodbine farm Thursday in the relentless heat and humidity, Paula Jordan said she and three other female inmates were grateful to the owners for allowing them “a little taste of freedom.”

Jordan, a 41-year-old Baltimore resident convicted of second-degree assault, is a member of a newly formed crew dispatched from the Maryland Correctional Institution for Women to pitch in twice a week with maintenance on the 58 acres of rolling pasture at Days End Farm Horse Rescue.

The nonprofit organization long known for giving horses second chances at life is turning a spotlight on prisoners in need of the same opportunity.

“I made wrong choices and I’m paying the consequences,” said the single mother of three who is serving a six-year sentence at the Jessup prison and is slated to be released in October 2011.

“We accept that we will be working in the fields for now, but I love animals,” Jordan said eagerly. “We met some of the horses Tuesday and learned the ways they communicate. This will be a good learning experience.”

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 Lake Info, Business Directories, Classified Ads, Events & more! Advertise on http://www.deepcreekalive.com/!

Riding the wake on a Rotax - AOPA Pilot Blog

Interesting comparison between flight and the experience of riding a personal watercraft (PWC) on Deep Creek Lake. From the article:

Riding a PWC this week on Deep Creek Lake in western Maryland, I found the craft being sucked into the wake of boats when riding parallel to the wake, as we do when flying in formation. The result was a rolling motion that seemed to take control of the PWC, making me feel as if I were along for the ride. Turning to cross the wake at 90 degrees led to a more thrilling, jolting ride, but one where I felt more in control…

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 Lake Info, Business Directories, Classified Ads, Events & more! Advertise on http://www.deepcreekalive.com/!

Author, artist at Deep Creek event - Art in the Park

Cumberland Times-News

DEEP CREEK LAKE — Award-winning children’s book author Melinda Chambers of Romney, W.Va., will attend Art in the Park from 10 a.m. to 5 p.m. Saturday and from 10 a.m. to 4 p.m. Sunday at Deep Creek Lake State Park’s Discovery Center. She will be autographing her books, audio books and T-shirts.

Ashley Teets of Terra Alta, W.Va., an award-winning children’s book illustrator and artist, will be painting children’s faces in Chambers’ tent near the Discovery Center.

For more information, call 301-387-7067 or log on to www.discoverycenterdcl.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 Lake Info, Business Directories, Classified Ads, Events & more! Advertise on http://www.deepcreekalive.com/!

Going camping this summer? Top five tips for a great trip

Deep Creek Lake gets a plug in this camping piece….

Posted: 07/08/2010
By: Roosevelt Leftwich

Earleville, MD – Wouldn’t it be nice to relax on a nice sunny beach.

Well for some folks this thought stinks.

They’d rather be out roughing it in the woods.

But then others would rather be out doors but have a nice RV to climb into at night.

Tip number one….pick the right camp,

“It’s very much like picking a hotel there are certain people that have brands that they like and locations that they like it’s the same thing with camping we have locations that range from Deep Creek Lake area to Saint George’s island surrounded by the Potomac camping on a beach or camping in a luxury cabin with Wi-Fi and cable.” Maryland Campgrounds Association President Deb Carter says.

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 Lake Info, Business Directories, Classified Ads, Events & more! Advertise on www.DeepCreekAlive.com!

June 2010 Real Estate Market Update

June was a good month for real estate sales in Garrett County & Deep Creek Lake. The highest ever sale at Deep Creek Lake ($3.5 million) close on June 11. Railey Realty had the listing part of the transaction. I had my first million dollar sale! Surprisingly, I have come close several times but this is the first ‘official’ sale over a million (and ironically, my first transaction at Railey Realty).

There were 30 homes that sold in the month of June, which is nearly double that of May 2010. Late spring and summer have always been among the best months of the year for real estate sales, partly because of the start of ‘vacation season’ and it’s easier to look at homes when kids are out of school, etc. Plus, you don’t have to wade through 23 feet of snow to look at houses 🙂

There were 27 sales during the same period last year, so that is a positive.

By my count, 6 of these properties sold at full price or higher.

There are 48 properties currently under contract, the exact same as last month. I look for this number to be affected by a very slow month for the local economy in June. From folks I have spoken to, rentals were down slightly and that led to lower sales for restaurants, shops and other ‘tourism dependant’ local businesses. The consensus that I have gotten from these local business owners is that the weather from January & February led to longer school years and less available vacation time. When people aren’t in town to look at houses, its also affects real estate sales.

11/12 of the 30 sales appear to me to be vacation homes, or at least in the Deep Creek Lake area. The rest seem to be primary residential homes scattered across Oakland, Granstville, Swanton and Accident.

The average list vs. ORIGINAL sales price was 88.88%, up 3.66% from last month (85.22).

The ADJUSTED list vs sale price is 93.22% – up again from last month (92.37%).

The current number of active/for sale residential listings (minus timeshares) is 774 as of today. This is up from last month (737) considerably. We are still gaining more inventory than we are selling and this will continue to drive down prices from a supply and demand standpoint. With current state of affairs, this is a number that is unlikely to come down anytime soon. That’s a 26 month supply of homes available, which is a very challenging stat to overcome.

Here are the statistical breakdowns:

Average Sale Price: $448,350 (last month) $409,316 (understand this is affected by the $3.5 million lakefront sale)

Average Days on Market: 177/241 (last month 256/267) (days on market with current broker/total days on market)

Of the $26,901,000 in total dollar volume in the month of June, Railey Realty was responsible for $16,039,900 – a whopping 60% of the Garrett County real estate market!

#1 in Garrett County & at Deep Creek Lake since 1995.

I’ll blog later about about year to date numbers – from a company standpoint, you will be impressed at the level of production we have been able to maintain even in the sketchy market conditions that exist today.

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/!

Cash is still king in real estate market

Cash buyers account for more than 25% of U.S. real estate deals
By Andrea V. Brambila, Thursday, July 8, 2010.

Inman News

This may be a buyer’s market, but not all buyers are on equal footing in the homebuying process. Cash is still king, and those who have it are taking full advantage of the comparatively speedy and reliable closings they offer sellers.

Cash buyers have made up at least a quarter of home purchasers since the beginning of 2010, a figure buoyed by more affordable home prices and a substantial volume of distressed properties.

According to the National Association of Realtors’ monthly Realtors Confidence Index survey, buyers paid all in cash in 15 percent of transactions in October 2008, the first month the association conducted the survey.

Fast-forward to May 2010, and an estimated 25 percent of transactions were in cash. That’s a jump from 12 percent in May 2009. From January through April, cash buyers’ share of transactions hovered at 26 or 27 percent, according to the NAR survey.

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 Lake Info, Business Directories, Classified Ads, Events & more! Advertise on www.DeepCreekAlive.com!

Federal Tax Report - Closing Date Extended to September 30

From NAR

Federal Tax Report
Closing Date Extended to September 30

It wasn’t pretty, and the debate went well into the evening, but on June 30 the Senate passed a stand-alone bill that extended the date for closing on a tax credit-eligible home from June 30 to September 30, 2010. The bill passed the Senate on a voice vote in a process known as “unanimous consent.” A stand-alone bill is a single issue bill that contains just one provision (and, if needed, its “pay-fors.”) Stand-alone tax bills are a rarity in the Senate, but the urgency was well understood. Earlier in the week, the House had passed a stand-alone extension (HR 5623) by a vote of 409 – 5.

The White House has said that President Obama will sign the bill, although the timing for the signing is not yet known. The extension is seamless, so closings that occur between July 1 and the date the President signs the legislation will satisfy the requirements of the credit. In order to get the benefit of this closing date extension, the parties must have entered into a contract for the purchase on or before April 30, 2010.

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/!