Betsy Spiker Holcombbetsy@deepcreeksales.com301-616-5022
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Real Estate information from Deep Creek Lake

Betsy Spiker Holcomb Deep Creek Lakes Favorite Realtor
Betsy Spiker Holcomb Deep Creek Lakes Favorite Realtor

 

We’ve made it through the first 36-48” we received at Deep Creek Lake this weekend and now we’re bearing down for the next 12-20” coming tonight and tomorrow.  Having been housebound for a day, I was able to catch up on some market tidbits and interesting facts recently released by The National Association of REALTORS® (NAR®).

NAR® has recently released a book that outlines the buying habits of the previous year, 2009.  What we have believed over the past year is now official…90% of buyers use the internet to search for real estate.  Although these statistics are geared toward a primary residence homebuyer rather than a second homebuyer, the tactics are still the same for any buyer.  This information is helpful in ‘moving with the market’ and adapting your business plan to meet the wishes of your target market.

  • 47% of recent homebuyers were first-time.
  • 21% of recent homebuyers were single women.
  • Typical homebuyer searched for 12 weeks and saw 12 homes before buying.
  • Recent sellers sold their home for 95% of asking price and 60% had reduced the price at least once.
  • 42% of recent sellers offered incentives in terms of warranties and closing help.
  • Sources recent buyers used in home search:  90% internet, 87% agent, 59% yard sign.
  • Most frequently used sources by buyers:  76% internet, 68% agent, 24% yard sign.
  • “Most useful” information for buyers was found:  81% agent, 77% internet, 42% yard sign, 2% newspaper.
  • Buyers found the home they purchased using:  36% agent, 36% internet, 12% yard sign, 2% newspaper.
  • Website features buyers found “very useful”:  84% photos, 82% detailed information, 63% virtual tours, 46% agent contact information, 43% interactive maps, 40% neighborhood information.
  • What buyers want most from real estate agents:  46% finding home, 16% negotiating terms, 13% negotiating price, 9% help with paperwork, 8% comps.
  • What buyers considered benefits of using an agent:  63% understand process, 53% pointing out unnoticed features/faults, 42% negotiate terms, 41% improve knowledge of search area, 41% improved list of vendors, 20% expanded buyers search area, 18% narrowed buyers search area.
  • Number of agents interviewed by buyer:  66% one, 19% two, 10% three.
  • “Most important” factors for buyer agent selection:  98% honesty/integrity, 95% knowledge of purchase process, 93% responsiveness, 92% market knowledge, 84% negotiating skills, 83% people skills.
  • Methods used to find agent:  40% referral, 24% used agent used previously, 5% met agent at an open house, 3% saw contact information on yard sign or open house sign, 1% calendar, magnet, etc.
  • “Most important” factors for listing agent selection: 22% pricing help, 21% find a buyer, 19% marketing help, 19% selling home within specific timeframe, 10% find ways to fix-up home so it will sell for more.
  • 85% of all FSBOs had an agent bring the buyer.
  • FSBO vs Agent Assisted Sales Price:  FSBO $172,000, Agent Assisted $215,000
  • (Source: National Association of REALTORS®)

As always, feel free to contact me anytime concerning Deep Creek Lake or Garrett County real estate 301.616.5022.  With the upcoming President’s Day holiday and the fresh powder, it’s the perfect opportunity to visit Deep Creek Lake, Maryland for a long weekend and take on Wisp Ski Resort’s 30+ trails.

Real Estate information from Deep Creek Lake
Wisp Resort

Deep Creek Lake Winter Revisited

Betsy Spiker Holcomb Deep Creek Lakes Favorite Realtor
Betsy Spiker Holcomb Deep Creek Lakes Favorite Realtor

Deep Creek Lake Winter Revisited

 I have heard a lot of chatter from people on the East Coast and a lot of the country who are voicing their desires for springtime to blossom tomorrow (if possible!) with the wave of a magic wand. Here in Deep Creek Lake we had 36 to 40 inches this past weekend with another 20 inches coming in the next couple of days. My love for winter activities segregates me to a different perception of cold snowy winters, and I could tell by the sea of smiles I encountered this weekend that I am not alone. The amount of snow we are receiving here in Deep Creek Lake and the quality of powder that we have seen makes it all too difficult to throw in the towel for the winter season. I know there are some “powder junkies” like myself that look at a big winter snow storm in the same light as a surfer sees a hurricane and its  potential for bringing a large clean swell or in our case, some fresh powder.

You won’t be disappointed if you make it to Garrett County from your hometowns this weekend (some of who are still digging out from the last storm last weekend).  Rest assured that the roads here are masterfully manicured and most of all safe to bring your family for a visit.  I see the snow starting to fall this morning and I’m already getting excited about getting a couple of quick powder runs in tomorrow morning before work. Be one of the many who get out of the gates early and come chase the fresh snow during our self proclaimed “powder hour” and make sure you get your fill of fun before spring does officially take over.

 

Deep Creek Lake Winter Revisited
Deep Creek Lake powder run
Deep Creek Lake Winter Revisited
Wisp Resort North Camp

Snowmobile Drag Races Deep Creek Lake

Betsy Spiker Holcomb Deep Creek Lakes Favorite Realtor
Betsy Spiker Holcomb Deep Creek Lakes Favorite Realtor

Snowmobile Drag Races Deep Creek Lake
snowmobile racing

If you have the need for speed or just like to be adventurous, snowmobiling is a great way to see Deep Creek Lake’s countryside in style.  The Deep Creek Lake State Park’s Meadow Mountain Trail is one of the ways you can enjoy 5.5 miles of open terrain, perfect for a Sunday ride.  For those who are really gung-ho, hardcore locals ride at their own risk at 70+ mph on the ice frozen waters of Deep Creek Lake.  The lake offers 65 miles of shoreline, approximately 3,900 acres of surface coverage and is roughly 12 miles in length.  A pretty large playground for the brave!

Snowmobile Drag Races Deep Creek Lake
snowmobile starting line rippers

Snowmobile Drag Races will be held at Winter’s Field in Oakland, Maryland on February 20th beginning at noon.  Registration begins at 9:00 to 11:30 and there are cash payouts for 1st, 2nd & 3rd places in each class.  There are 7 classes this year: 1) Vintage “1990 & Older” sleds,  2) 500cc & Under,  3) 600cc,   4) 700cc,   5) 800cc,   6) 900cc,   7) 1000cc.

Snowmobile Drag Races Deep Creek Lake
Hot rod snowmobile

The race is sponsored by High Mountain On-Off Road, Auto & Truck Accessories.  For more information call 301.334.5060.

Snowmobile Drag Races Deep Creek Lake
Betsy Holcomb

Deep Creek Lake Winter Extension

Betsy Spiker Holcomb Deep Creek Lakes Favorite Realtor
Betsy Spiker Holcomb Deep Creek Lakes Favorite Realtor

 

Deep Creek Lakes Winter Extension

 Deep Creek Lake Winter Extension. Well the groundhog has extended our winter season, which is fine by me considering I have not had my fill of snowboarding this year. Wisp Resort was jam-packed this weekend with happy skiers and snowboarders. The talk among the local winter sports enthusiasts is that it has been some of the best snow that we have had in decades. The recipe for that perfect champagne powder is cold temperatures, low humidity, and snow, snow, SNOW. This is something we have had plenty of. Bring your family to Deep Creek Lake and come join us and the winter extension. See you on the slopes!

 

Deep Creek Lake Winter Extension
Deep Creek Lake

 

Deep Creek Lake Winter Extension
Wisp Resort

Deep Creek Lake The Eastern Continental Divide

Betsy Spiker Holcomb Deep Creek Lakes Favorite Realtor
Betsy Spiker Holcomb Deep Creek Lakes Favorite Realtor

Some people that travel to Deep Creek Lake and Garrett County, Maryland say that it’s almost like someone flipped the weather switch once you cross over the Eastern Continental Divide line in the Eastern most part of Garrett County, near Grantsville, MD.  And, living in Deep Creek Lake my entire life, I can attest to that!

Whether you’re commuting to the area from Baltimore, DC or Northern VA you might get the impression on the ride here that there won’t be any fresh snow when you arrive.  But, hold on, just as soon as you top the hill at Finzel and again at Keysers Ridge you will come to find that this is not the case at all.  The Eastern Continental Divide falls just between these 2 mountain ranges, that’s why many say it’s a landmark for the weather to come ahead.  In fact, Garrett County has the highest elevations in Maryland, ranging from 1800-3000 feet in most areas and 3000-4500 feet in a few small spots.  See Maryland elevation map courtesy of geology.com: http://geology.com/state-map/maryland.shtml.

The Eastern Continental Divide, in conjunction with other continental divides of North America, demarcates two watersheds of the Atlantic Ocean: the Gulf of Mexico watershed and the Atlantic Seaboard watershed.  Prior to 1760, the Divide represented the boundary between the British and French colonial possessions in North America.  The ECD runs south-southwest from the Eastern Triple Divide through several Atlantic Seaboard states (and West Virginia) to the watershed of the Florida Bay, which is adjacent to both the Gulf of Mexico and the Atlantic Ocean.  (Source: http://en.wikipedia.org/wiki/Eastern_Continental_Divide)

Find out for yourself.  Pack up the family and head as far West as you can go in MD to Maryland’s only ski resort for the weekend, Wisp Resort.  You’ll experience Deep Creek Lake in it’s winter wonderland.  www.DeepCreekLakeProperty.com

Deep Creek Lake  The Eastern Continental Divide
Eastern Continental Divide (in yellow)

 

Deep Creek Lake, Maryland Market Update

Betsy Spiker Holcomb Deep Creek Lakes Favorite Realtor
Betsy Spiker Holcomb Deep Creek Lakes Favorite Realtor

Deep Creek Lake, Maryland Market Update. Our market seems to be stabilizing and the average sales price is consistently climbing.  The graph below shows the latest data on Sold listings for the last nine quarters in Garrett County, Maryland.  The flattening of the arc is encouraging, as well as the increase in Sales Price.  Feel free to contact me anytime for a specific market update on the property-type you’re most interested in buying or selling (waterfront homes, slopeside homes, homesites, condos/townhomes at Deep Creek Lake)

www.DeepCreekLakeProperty.com.

Deep Creek Lake, Maryland Market Update
Deep Creek Lake, Maryland Market Update

Deep Creek Lake, Maryland Market Update

 

Deep Creek Lake Maryland Living-2010

Betsy Spiker Holcomb Deep Creek Lakes Favorite Realtor
Betsy Spiker Holcomb Deep Creek Lakes Favorite Realtor

Don’t get too cozy next to the fireplace with your usual favorite beverage on your next visit to Deep Creek Lake. The winter has consistently produced an abundant amount of snow and it shows no sign of giving up anytime soon. We all love Deep Creek Lake in the wintertime for the excellent skiing and snowboarding but don’t be afraid to step out of your normal routine on occasion and get out there and explore Garrett County and all it has to offer. Take a trip down to Swallow Falls State Park and go for a long walk around a magical winter wonderland where the waterfalls are frozen like arctic stalactites. I didn’t realize you could actually smell clean air and how invigorating it is.  Get over your fear of the cold and get outside and discover a county that has an enormous amount of acreage set aside (never to be developed) for you and your family to enjoy. Load up the kids and the dogs and head down to Fork Run Recreational Area to walk the trails around the rock climbing areas.  This is a great place to snowshoe in the wintertime after a huge snowstorm.  Challenge yourself this New Year to excel in life and to live every day as if it was your last; let Garrett County be the catalyst for your change. I can’t think of too many areas in the world that offer you such picturesque scenery that pulls you back into nature and the feeling of being alive. Bob Dylan wrote in song once; “He not busy being born, is busy dying.” Make 2010 your year for living..

Deep Creek Lake Maryland Living-2010
Mali deep creek lake

Deep Creek Lake Maryland Living-2010

Deep Creek Lake Facts

Betsy Spiker Holcomb Deep Creek Lakes Favorite Realtor
Betsy Spiker Holcomb Deep Creek Lakes Favorite Realtor

 

 

1.       How large is the lake?

 

Deep Creek Lake is Maryland’s largest freshwater lake encompassing 3,900 acres with 65 miles of shoreline. Its average depth is 26.5 feet and 72 feet at it’s deepest. 

2.       What type of activities go on around the lake?

A few…Boating, Swimming, Kayaking, Water-skiing, Alpine-skiing, Rock-climbing, Wake-boarding, Dog-sledding, Whitewater-rafting, Golf, Mountain Coaster, Hiking, Biking, X-country skiing, Snowmobiling, Fishing, Ice-skating, etc. Nearly every outdoor activity you can think of.

3.       Does Garrett County have any state parks or forests?

Do we ever! We have 7 state forests and parks. Savage River State Forest is the largest in Maryland. This county has over 90,000 acres of publicly owned lands.

4.       What is Wisp Resort?

You haven’t heard about it yet? Wisp Resort is the Mid-Atlantic’s premier four-season resort. It is becoming known as “The Little Tahoe of the East.” There are too many things happening at Wisp to list here: from a world-class whitewater course to the best snow-making capabilities in the world. Call for a complete update on Wisp Resort.

5.       How far away is Deep Creek Lake?

Here are some distances from nearby metropolitan areas: Baltimore-177 miles; Washington, DC.-161 miles; Pittsburgh-96 miles; Cleveland-255 miles; Philadelphia-282 miles; Richmond-224 miles; New York-355 miles.

 

Deep Creek Lake Facts
Snowboard air

Deep Creek Lake Sunset

Betsy Spiker Holcomb Deep Creek Lakes Favorite Realtor
Betsy Spiker Holcomb Deep Creek Lakes Favorite Realtor

The next time you are vacationing here at Deep Creek Lake, Maryland take a little time at dusk to drive around to the North side of Wisp Ski Mountain and experience some spectacular sunsets.  Even during the day, the incredible views of the surrounding mountain ranges span for 30-50 miles.  At nighttime, the skies transform into a kaleidoscope of colors that will leave you in a spiritual calm.

Deep Creek Lake Sunset
Deep Creek Lake Sunset

Just a short distance from our home, we enjoy these sunsets atop Wisp Mountain on a regular basis along with our dog, Mali, who pounces us anytime the word “walk” is mentioned!  This is a spectacle worth penciling on your next trip to Deep Creek Lake!!!  Visit www.DeepCreekLakeProperty.com for an up-to-date calendar of Garrett County happenings.

Deep Creek Lake Sunset
Mali Mae

 

Garrett Community Concert Band-Deep Creek Lake

Betsy Spiker Holcomb Deep Creek Lakes Favorite Realtor
Betsy Spiker Holcomb Deep Creek Lakes Favorite Realtor

Last Sunday afternoon, I had the pleasure of catching Garrett Community Concert Band’s Holiday Concert titled “It’s the Most Wonderful Time of the Year”.  It was a splendid performance with traditional Christmas music as well as Hanukkah favorites.  One in particular that was new and enjoyable to me was “Fum, fum, fum”.   The concert was held in Deep Creek Lake, Maryland at Garrett College’s auditorium and it was a full house.

The band, led by Musical Director Moe Turentine, is a volunteer group of musicians that was formed in 2000 and presents 3 concerts a year.    Their members are from all walks – business professionals, teachers, homemakers, retirees and students.  They are a volunteer organization supported by Garrett College and donors.  The band also offers scholarships to students pursuing advanced music education.  Their motto: “We play together out of love of music and to enjoy the company of others with a similar interest”.

They also play a July 4th concert outdoors at Garrett College, which I’ve had the opportunity to enjoy many times and highly recommend.  For more information www.garrettband.org.  And, for Deep Creek Lake, Maryland information visit www.DeepCreekLakeProperty.com.

Garrett Community Concert Band-Deep Creek Lake
Garrett Community Concert Band-Deep Creek Lake