“There are three kinds of lies: lies, damned lies, and statistics.” – Mark Twain
My name is Jay Ferguson and I am one of the owners of the real estate division of Taylor Made Deep Creek Vacations & Sales. I am entering my 19th year in the real estate business here in Garrett County and at Deep Creek Lake. If you are interested, you can click here find out more about me personally and my background.
I will be writing a monthly blog post about our local real estate market, sharing & interpreting statistics and offering some insights into the market as a whole…as I see it. These are my personal thoughts and musings about the market in general and are not intended as anything more specific. And, to be clear, I am an optimistic, glass half-full kind of guy.
Lastly, every stat I reference is based on the official stats published by Bright MLS on or around the 15th of each month. My plan is to give you straightforward stats coupled with my analysis from the front lines and let you interpret what you read in your own way.
June 2019 – We finished the month with 81 new listings, down from 114 new listings last month. Most sellers have their home on the market by July 4th or so, if they are planning on selling. Of course, there are always late additions to the summer market but that happens every year. June also happened to be VERY rainy and wet. We had several flash flood watches in our area and a lot of that pretty landscaping was washed out in a matter of minutes. Area contractors are having an especially hard time keeping up with their workloads, as the rain set everyone back – especially for outdoor work and exterior paint jobs. Continue reading July 2019 Real Estate Rundown By Jay Ferguson