My Deep Creek Lake summer real estate update brings you news about a market that is in full swing!
Deep Creek Lake Summer Real Estate Update
When comparing to the average from the last 5 years, closed sales are up. Also, pending sales/contracts are up. Active listings are down, and the days on the market are down. There are pockets of our market that are doing really well. We are even seeing an occasional multiple offer situation. Then there are other segments where properties are getting activity but moving at more of a pace we are used to seeing in G.C. with a 6-12 month average time on the market. Nothing to complain about it. Garrett County has been on the uptick for the past few years. I like the balance that we are seeing with buyers and sellers when it comes to negotiating for the good of both parties. Continue reading Deep Creek Lake Summer Real Estate Update
Waterfront Greens at Deep Creek Lake is a favorite community. Year round residents, second home owners and vacationers love the scenic location and numerous amenities. Also, it is close to popular activities.
Waterfront greens amenities
There is something for every member of the family to enjoy. All of the homes have access to the common lakefront gazebo. Many have dock slips as well. There are a total of eight shared docks. The quiet cove is ideal for fishing and kayaking.
This homeowner’s tax reform quick guide will focus on the biggest real estate oriented tax polices that were recently enacted. The new tax law is known as the Tax Cuts and Jobs Act. It may change how buyers see homeownership incentives.
Here is a brief rundown of some of the most noteworthy real estate-related tax policies and how they may affect homeowners.
New SALT Deduction Limit
SALT stands for “state and local taxes”. In the past, taxpayers could deduct what they pay in state and local property, income, and sales taxes from their federal returns. It was unlimited. The new law caps any combination of these deductions at $10,000. Continue reading Homeowner’s Tax Reform Quick Guide
Beautiful lake access home in The Pinnacle community.
Home features lake views, a boat slip, a sauna, detached garage, loft overlooking great room, two fireplaces and a paved driveway. Beautiful hardwood floors throughout the home plus a large deck, open floor plan and lower patio.
Within walking distance to docks, tennis court & boathouse. Less than 2 miles to DCL State Park, cinema & dining
1319 Shoreline Dr-Premium Lakefront Living. Luxury Lakefront Living describes this 6,400+ square foot home in beautiful Thousand Acres. Built with detail in mind, the granite tops, tiled showers, 3 floor-to-ceiling stacked stone fireplaces, 4 master suites, brick driveway, field stone patio and wormy oak cabinetry are just a few features that showcase this home. Addt’l 1-acre parcel across Shoreline Drive included; serves as septic lot.