Deep Creek Lake Summer Real Estate Update

Deep Creek Lake Summer Real Estate Update

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

Oakland Bypass Update

For local residents, the Oakland bypass is a somewhat controversial subject. It was previously proposed in the 1990s. Officials are considering the Oakland bypass again. It would re-route traffic to avoid the historic downtown area. The project was in limbo for years due to state funding issues.

oakland bypass

About the oakland bypass

The Maryland State Highway Administration and Maryland Department of Transportation (MDOT) have estimated the construction cost at $53 million. A 2.4 mile stretch of highway would re-route traffic from the downtown area to reduce congestion. Continue reading Oakland Bypass Update

Deep Creek Lake Real Estate Market Update for November 2017

Deep Creek Lake Real Estate market update for November 2017:

Your Deep Creek Lake real estate update gives you a snapshot of both Garrett County stats as well as the state of Maryland for comparison.

Residential home sales in Maryland rose by 2.5 percent over 2016. That indicates a steady fall market, according to the Maryland REALTORS. For the fifth month in a row, there were steady increases. The average and median home prices rose by 1.7% and 2.6% percent respectively, as compared to the same time in 2016. 

Deep Creek Lake Real Estate Market Update

“We are encouraged by the reversal from last month, as seen in the modest climb in home sales.”  said Maryland REALTORS President, Boyd Campbell.  “More importantly, there has been a 4.9 percent increase in homes under contract or pending units,” Campbell added. “This heralds more active home sales through the end of the year.” Continue reading Deep Creek Lake Real Estate Market Update for November 2017

Fall Fishing Deep Creek Lake

Betsy Spiker Holcomb
Deep Creek Lakes Favorite Real Estate Agent
Taylor-Made Real Estate Betsy Spiker Holcomb-301-616-5022

Fall Fishing Deep Creek Lake. As we shift into fall we see the lake transform into a wonderful and peaceful place where boat traffic is minimal and the weather is gorgeous. It is the time of the year that the leaves put on their yearly show and the fishing bite starts to heat up.

 

I was lucky enough to have my son pay us a visit for a week and we decided to maximize our time on the lake wetting a line. It has been many years since the last time we fished and we were optimistic that we would be successful in our venture. We started at Deep Creek Outfitters getting a few dozen minnows and nightcrawlers. The word on the street was that that fishing was sporadic but starting to kick in.  Our plan was to wake up the following morning and to hit a spot that was recommended by a friend so we dropped our minnows into the water at the boat dock and set home to get a good night’s rest.

The alarm clock came early and was welcomed with excitement and optimism. The winds were down and the lake looked like a massive mirror reflecting the early hues of Fall. All of our minnows survived the night and the boat started without a hitch. The ride out was almost spiritual as our pontoon boat parted the beautiful lake glass. The temps were chilly but were forecasted to peak later in the day near the mid 70’s.  Our “secret spot” was empty and we slowly motored down a couple hundred yards before our destination which was a grass bed near the shoreline that dropped off to around 8-12 feet of depth.  We quietly set anchor and baited our minnows on our hooks and cast outside of the grass beds. We kicked back sipping coffee and enjoyed good conversation catching up on life. The lake was empty of traffic and the sound of acorns rained periodically around us.  My son Peyton worked the edge of the grass beds and landed a nice Walleye to start the day which was very exciting. It was a hair shy of being of legal size to eat so we threw it back. I concentrated on working the drop off outside the grass bed and was rewarded with a couple smallmouths to start my day. It was a soothing roller coaster ride of stimulating ups and downs throughout the morning and we went through a few lake species deciding not to keep any.

The Deep Creek Lake Fall fishing experience itself was the star of the show and we promised that next trip we would concentrate on a fish fry. We caught walleye, yellow perch, smallmouth bass and a few pickerel to complete a successful fishing adventure. As we head in to call it a day there was a majestic red tail hawk that flew by us that was breathtaking.

On your next visit bring the family or a close friend and get out on the lake with a fishing pole and enjoy some quality down time on the lake. Downshift your busy mind and breathe deeply taking advantage of what a handful of visitors experience ever year. Wonderful Fall fishing.

Taylor-Made Real Estate Betsy Spiker Holcomb-301-616-5022

Deep Creek Spring Event Update


Deep Creek Spring Event Update

Your Deep Creek spring event update includes happenings for Easter weekend and early May. It is a great time to take advantage of vacation rental specials! Come to the lake for a quick getaway and make time to look at real estate too.

SATURDAY, APRIL 15

Breakfast with the Easter Bunny
9am-noon at the Stone House Restaurant
Take a short drive to treat the kids to breakfast with the big bunny himself!

1st Annual Taylor-Made Easter Egg Hunt
11am at the Taylor-Made Main Office
Hop on down to Taylor-Made to hunt for eggs filled with treats. Maybe you’ll get lucky and find one of the golden eggs with a prize inside! This is a rain or shine event.

Natural Egg Dyeing
10am-Noon at the Discovery Center at Deep Creek Lake State Park
This hands on activity demonstrates how beets, onions, grape juice, and other natural items can be used as dyes.  Bring 6 hardboiled eggs (per child) wiped off with a mild vinegar solution.  Plus, there’s a chance to meet the Easter bunny! Continue reading Deep Creek Spring Event Update

Maryland Mortgage Program- FREE Closing Cost Assistance

Maryland Mortgage Program- FREE Closing Cost Assistance
Betsy Spiker Holcomb, Deep Creek Lake’s Favorite Realtor
Maryland Mortgage Program- FREE Closing Cost Assistance
Call Betsy @ 301-616-5022 with questions.

Maryland Mortgage Program- Closing Cost Assistance

  • Effective 1/20/17, the Maryland Mortgage Program is offering the Maryland Mortgage Grant Assist Program.

  • Grant Assist offers homebuyers closing cost assistance in the form of a 4% grant of the first loan amount.

  • Grant funds must be used exclusively for closing costs of the mortgage loan/home purchase.

  • Grant funds may not be used for down payment or combined with any down payment assistance products offered by CDA.

  • The grant must always equal 4%; no higher or lower percentages are allowed.

  • If the grant exceeds closing costs the excess will be applied as a principal curtailment.

  • Employers, builders, developers, non-profits or other contributors may offer additional assistance; however, the Partner Match Program is not available and the assistance will not be matched by the Department.

  • The Fact Sheet with all details will be available on the MMP website Fact Sheet Page at: http://mmp.maryland.gov/Lenders/Pages/Fact-Sheets.aspx

 

Call Betsy Holcomb for more information @ 301-616-5022 or email her at Betsy@deepcreekvacations.com

Student Loan Debt-Hogan Announces First SmartBuy Purchase

Student Loan Debt-Hogan Announces First SmartBuy Purchase
Betsy Spiker Holcomb, Deep Creek Lake’s Favorite Realtor

 

Student Loan Debt-Hogan Announces First SmartBuy Purchase
Taylor-Made Vacations and Sales

 

Student Loan Debt-Hogan Announces First SmartBuy Purchase

 

Program will Ease Student Loan Debt, Promote Homeownership!

 ANNAPOLIS, MD (November 21, 2016) – The Hogan Administration today announced the first home purchase under a new homeownership initiative designed to ease the burden of student debt. Maryland SmartBuy, within the Department of Housing and Community Development, is the first program of its kind in the nation and will make move-in-ready homes available to buyers while eliminating student loan debt burden, which is often a significant barrier to homeownership for younger homebuyers.

 

Maryland SmartBuy is the latest initiative in the Hogan administration’s ongoing commitment to help qualified buyers move out from under student debt and into homeownership. The event was attended by Lt. Governor Boyd Rutherford and Maryland Department of Housing and Community Development Secretary Kenneth C. Holt.

 

“With the launch of SmartBuy, Maryland is among the first in the nation to actively address student debt as an obstacle to homeownership,” said Lt. Governor Rutherford. “We recognize that first-time homebuyers play a pivotal role in the health of the housing market, which is critical to the strength of Maryland’s overall economy.”

 

This law, which was introduced by the Hogan Administration in the 2016 Legislative Session, authorizes the department to make direct payments on student loans in conjunction with other financial assistance or residential mortgage loans offered under the Maryland Mortgage Program, beginning with the Maryland SmartBuy initiative.

 

Under the initiative, eligible buyers with student debt can purchase move-in-ready properties made available through the department. The typical buyer can realize substantial savings on quality homes throughout Maryland. Specifically, Maryland SmartBuy will:

 

Eliminate the buyer’s student loan debt

Provide the buyer with one convenient payment per month

Enable the buyer to access attractive financing and closing cost assistance

Ensure a safe, streamlined, and straightforward home buying and financing experience.

 

“With Maryland SmartBuy, our state is at the forefront of removing the obstacle of student debt to successful homeownership,” said Department Secretary Kenneth C. Holt. “We want to empower young people to establish roots in Maryland and help strengthen our state as they enjoy the financial security of homeownership.”

 

The initiative will create an innovative home buying model that could be adopted by the rest of the nation. Mortgage loans will be provided through the department’s Maryland Mortgage Program, which has been the state’s flagship homeownership assistance program for over 30 years. Traditionally, the program provides fixed-rate mortgages, primarily to first-time homebuyers, along with other down payment and closing cost incentives.

 

For more information about the Maryland SmartBuy initiative, visit http://mmp.maryland.gov/smartbuy.

 

CONTACT: Sara Luell, Director of Communications, sara.luell@maryland.gov, 301-458-1995 (cell), 301-429-7803 (office)

445 Paradise Heights Road, Oakland, MD

 

445 Paradise Heights Road, Oakland, MD
Betsy Spiker Holcomb, Deep Creek Lake’s Favorite Realtor
445 Paradise Heights Road, Oakland, MD
Taylor-Made Vacations and Sales

445 Paradise Heights Road, Oakland, MD 445 Paradise Heights Road, Oakland, MD

445 Paradise Heights Road, Oakland, MD. This wonderful classic stone home on 3-acres is perched wonderfully above Deep Creek Lake in the gorgeous Paradise Heights community. Filtered summertime views open up to spectacular winter views from this special mountain cabin overlooking the southern portion of the lake. The main level offers a cozy great room with gas fireplace that opens up to a large kitchen and dining area. On the main level, you will find three spacious bedrooms, one being a master. There is a stair lift to access downstairs perfect for accommodating anyone in the family who needs help negotiating stairs. There is plenty of room on the lower level to decorate and make it your own. There is a master bedroom downstairs that almost feels like a mini suite, as well as a family room and another bedroom that could double as a storage area. There’s also a huge pole building/garage to store your cars and toys. Asking price of $349,000.  Call Betsy Spiker Holcomb and let her team help you preview this unique and wonderful home. 301-616-5022.

Virtual Tour

Remarks- Lake access home offering four bedrooms, two of which are masters. This home has two large covered decks for enjoying the views of Deep Creek lake while spending time with friends and family. A great home to make your permanent residence or a vacation home. Large back deck and a boat storage building are a few more great additions. The 2.95 acres gives you plenty of space to call your own.

445 Paradise Heights Road, Oakland, MD 445 Paradise Heights Road, Oakland, MD 445 Paradise Heights Road, Oakland, MD 445paradisehts_living2 445 Paradise Heights Road, Oakland, MD 445 Paradise Heights Road, Oakland, MD 445 Paradise Heights Road, Oakland, MD 445paradisehts_shed

67 Silver Tree Lane, Oakland, MD 21550

 

67 Silver Tree Lane, Oakland, MD 21550
Betsy Spiker Holcomb, Deep Creek Lake’s Favorite Realtor
67 Silver Tree Lane, Oakland, MD 21550
Taylor-Made Vacations and Sales

67 Silver Tree Lane, Oakland, MD 21550Enjoy this cozy and charming 5-bedroom lake access home that is just a few steps from the shores of Deep Creek Lake. This home has a beautiful open floor plan on the main level with peek-a-boos of the lake from the great room. Nice roomy kitchen overlooking the dining room and living room which is framed up by a beautiful stone gas fireplace. There is lots of usable deck space outside with close proximity to lake activities. There are two bedrooms on the main level and 3 on the lower level. Downstairs is a very comfortable great room sitting area with an equally impressive gas fireplace as the centerpiece of the room. Step outside on the lower level to a nice deck with seasonal views of the lake.  Short walk to Dutch’s Restaurant and Silver Tree Marine. This home is priced right at $425,000. Call Betsy Spiker Holcomb and let her team help you preview this unique and wonderful home.

67 Silver Tree Lane, Oakland, MD 21550 67 Silver Tree Lane, Oakland, MD 21550 67 Silver Tree Lane, Oakland, MD 21550 67 Silver Tree Lane, Oakland, MD 21550 67 Silver Tree Lane, Oakland, MD 21550 67 Silver Tree Lane, Oakland, MD 21550 67 Silver Tree Lane, Oakland, MD 21550 67silvertree_llfamily2 67 Silver Tree Lane, Oakland, MD 21550 67 Silver Tree Lane, Oakland, MD 21550 67 Silver Tree Lane, Oakland, MD 21550 67 Silver Tree Lane, Oakland, MD 21550

 

3D TOUR

Remarks-Beautiful lake access/water view home in the Silver Tree landings community. This home offers five bedrooms, two of which are master’s, hardwood flooring, two propane fireplaces, open floorplan and cathedral ceilings. The wrap around deck offers lake views to enjoy those summer evenings. The hot tub is just one more plus to this home. You are within walking distance to restaurant and marina.

31 STILWATER DR, SWANTON, MD 21561

31 STILWATER DR, SWANTON, MD 21561
Betsy Spiker Holcomb, Deep Creek Lake’s Favorite Realtor
31 STILWATER DR, SWANTON, MD 21561
Taylor-Made Vacations and Sales

 

31 STILWATER DR, SWANTON, MD 21561 31 STILWATER DR, SWANTON, MD 21561

31 STILWATER DR, SWANTON, MD 21561. This upscale lake access 5 bedroom home also has a dock slip in the wonderful Stilwater Community.  Enter two convenient main doors that have plenty on tile creating a huge mug room. There is a huge kitchen with wood floors throughout the main level. Beautiful cabinetry lead you straight to it huge vaulted ceiling great room with a wood fireplace. The stone work is impressive and absolutely the center piece to the entire room. There’s also a nice mid-level loft on one end of the house that has privacy and could be many different things from another rec room, sitting room or a TV room. Enjoyed beautiful master bedroom on the main level that has plenty of space to stretch out and relax. Upstairs you’ll find two mini suites that are fantastic rooms. You will enjoy seasonal views of the lake that become wide open during the winter months. You will also have picturesque views of farm adjacent to the Stillwater community. Downstairs there’s plenty of room with another vast sitting area with gas fireplace that is centered between two master bedrooms. You have huge amounts of space for pool table and TV activity. This home is one of a kind and certainly worth a look on your next visit to Deep Creek Lake. Call Betsy Spiker Holcomb to arrange a showing with her team. 301-616-5022

3D Tour

Remarks- This stunning home is located in the beautiful Stilwater subdivision. Offering an open floor plan, three levels of living space, granite counter tops, two stone fireplaces, hardwood floors and lake views. The five bedrooms, large front deck and a great enclosed porch make this home ideal to enjoy family and friends. The boat slip and lake access are just a few more great features this home boasts.

stil
31 STILWATER DR, SWANTON, MD 21561 31 STILWATER DR, SWANTON, MD 21561 31stilwtr_kitchen5 31 STILWATER DR, SWANTON, MD 21561 31 STILWATER DR, SWANTON, MD 21561 31 STILWATER DR, SWANTON, MD 21561 31 STILWATER DR, SWANTON, MD 21561 31 STILWATER DR, SWANTON, MD 21561 31 STILWATER DR, SWANTON, MD 21561 31 STILWATER DR, SWANTON, MD 21561 31 STILWATER DR, SWANTON, MD 21561 31 STILWATER DR, SWANTON, MD 21561 31 STILWATER DR, SWANTON, MD 21561 31 STILWATER DR, SWANTON, MD 21561