February 2018 Deep Creek Real Estate Update

Old Punxsutawney Phil said 6 more weeks of winter. He might be right this time, because someone has been shaking the snow globe here at the lake. We have had over 80+ inches for this winter!

deep creek real estate

Deep Creek Real estate Buyers tip

Low housing inventories begin to put the sellers in the driver’s seat. When the right property comes along, be prepared to make a decision fast. A good agent will be able to help you with preparation and finding the right house. Contact one of our agents today to get that process started.   Continue reading February 2018 Deep Creek Real Estate Update

Tips for Buying Lakefront Real Estate at Deep Creek

Buying lakefront real estate is a different experience than buying an ordinary home in a typical neighborhood. When you buy lakefront real estate at Deep Creek, you are also buying a way of life.

lakefront real estate

Buyers frequently ask our agents about lakefront real estate. Our experts point out all of the differences and things to be aware of. Here are some of their best tips to get you started on your Deep Creek Lake real estate search.

Secure Financing Early

Figure out your financing early on in the process. Unless you are paying in cash, you will need to obtain a mortgage. Getting pre-approved is key when buying a lakefront home. Lakefront home sellers are often advised by their agent to only accept an offer from a pre-approved buyer. Continue reading Tips for Buying Lakefront Real Estate at Deep Creek

Pros & Cons: Buying A Home In the Winter

Buying a home in the winter has its pros and cons. In this article, I’ll explain both sides to help you make an informed decision when you are browsing Deep Creek Lake real estate.

Buying A Home In the Winter

Some people to think that the summer is the best time to buy or sell. A ski in/ski out townhome might not have any issues selling in the winter. Meanwhile, a lakefront home at Deep Creek Lake may have more appeal in the summer. It depends on the specifics of the deal.

Pros of Buying a Home in the Winter

Motivated sellers.  Agents often advise clients to wait until the spring to list their home.  A seller who lists in winter likely really needs to sell. This can work to a buyer’s advantage. It can give you leverage when negotiating the price.

Less competition from other buyers. With fewer people shopping for homes, you may be able to take more time putting in your offer. During the summer, you might feel more rushed to make your decision. Continue reading Pros & Cons: Buying A Home In the Winter

December 2017 Deep Creek Lake Real Estate Statistics

December 2017 Deep Creek Lake Real Estate Statistics

The lake maybe frozen over right now, but it was hot last year! The county showed 32% sales volume increase in total sales over last year. The lake area sales were up 44% over last year. That tells me buyers are getting comfortable with the economy and ready to spend. The market was showing mixed signs with listings. It was neither a seller’s market or a buyer’s market. Each property was different. Some properties sold less than list price, some at list price, some over and we even had multiple offers on listings with escalation clauses. Things have slowed down since the snow has been falling, but things are simmering and getting ready to boil over for strong spring market.

Deep Creek Lake Real Estate Statistics Continue reading December 2017 Deep Creek Lake Real Estate Statistics

Deep Creek Vacations – As Seen on HGTV!

Everyone at Taylor-Made Deep Creek Vacations & Sales was excited to see two of our homes on HGTV recently!

The popular network launched a new series called “Lake House Hunters“. In the very first episode, the Deep Creek Lake area was featured. One of our agents and a co-owner of our real estate company, Jay Ferguson, helped the DuPlessis Family find their dream home.

About the Show

If you’re not familiar with the House Hunters format, buyers tour three properties and choose the right one for their needs and budget. A real estate agent guides them through the process.

The DuPlessis Family was looking for lakefront homes with great outdoor space. They also wanted something that would work well for their growing, active family.

About the Homes

The first home they toured was Lake Escape. Amazing lake and ski slope views are a highlight of this property and make it a popular spot for Deep Creek vacations.Deep Creek Vacations

It offers 5 bedrooms and 4.5 baths. The spacious interior gives families lots of room to spread out. Outside, you can grill on the expansive deck or lounge on the private dock. Check availability at Lake Escape. Continue reading Deep Creek Vacations – As Seen on HGTV!

Check Out Taylor-Made’s Jay Ferguson & Deep Creek Lake on HGTV!

 

See Deep Creek Lake on HGTV as Jay Ferguson, Broker & Co-Owner of the real estate division, helps buyers choose the perfect Deep Creek Lake home!

Deep Creek Lake on HGTV

Jay was chosen to be featured on HGTV’s brand new series “Lake House Hunters”. It is a spin-off of the wildly popular “House Hunters” series. If you haven’t seen the original show, a real estate agent takes buyers to three different properties that meet their criteria. It gives you an inside glimpse at the decisions and emotions that are part of the home buying process. The show ends with them choosing the right home to meets their needs.

deep creek lake on hgtv

Premiering January 1, 2018 at 6PM EST (check local listings to confirm), the Deep Creek Lake episode follows Ferguson and the Du Plessis family as they search for a lakefront property at Deep Creek Lake. Continue reading Check Out Taylor-Made’s Jay Ferguson & Deep Creek Lake on HGTV!

Deep Creek Vacation Rental Market Update

 

Deep Creek Vacation Rental Market Update

For Taylor-Made owners, the Deep Creek Lake vacation rental market is experiencing an excellent first quarter for the 2018 fiscal year. It has been exciting to see the growth in the variety of vacation rentals available to vacationers in recent years.

Summer is always a popular time to visit, and our occupancy levels were 39% more than in 2016. Fall travel to the area is also on the rise. By mid summer, our September 2017 reservations were already 9% ahead of last year, and we finished that month with an overall 14% increase in stays.

Aggressive marketing, that includes distribution of Taylor-Made homes on Booking.com and Air BNB, coupled with the post-Labor Day start for Maryland schools contributed to driving more reservations during this time.

Because of the later start for MD schools, we tested out extending prime summer season rates by one week. There was no negative impact, so we will continue with this to maximize owner revenue.

Over the years, we have shifted our focus to more online channels. They are more easily trackable. That gives us a better idea of where marketing dollars are best spent in order to benefit our home owners.

“We appreciate all of your efforts to market our property Ski Shore. 2017 has had the highest rental income we have had in 19 years.” ~ Ski Shore Owners

Deep Creek Vacation Rental Market Update Continue reading Deep Creek Vacation Rental Market Update

Your Deep Creek Event Update for Late Summer

Deep Creek Event Update

Your Deep Creek event update for late summer includes fun festivals and great events that are being held throughout the area. Check out last minute vacation specials, and head to Deep Creek Lake. It is a great time to have some fun while you are touring Deep Creek homes for sale.

Stage Wisp
Free concerts at Wisp Resort continue every Wednesday through August 30th. Bring a blanket or some chairs, and be there at 6:30.

Tunes & Brews
September 2, 1-7PM
Enjoy great live music and craft brews at Wisp Resort. Continue reading Your Deep Creek Event Update for Late Summer

Deep Creek Real Estate Market Update for July 2017

Jump in! The water is great and so is the Deep Creek real estate market! Agents are putting on more miles driving buyers around this year than last. June sales were down some from the previous month, but the showings haven’t slowed down. Location, presentation and price are all still king in this real estate market. Lake area sales are up this year by 57% county wide.

Deep Creek Real Estate Market

Continue reading Deep Creek Real Estate Market Update for July 2017

Mid Summer Deep Creek Lake Events

Summer Deep Creek

Make plans to visit for mid summer Deep Creek events and enjoy being on #laketime with family and friends. There are activities for all ages and interests!

Little Yough Summer Music Festival
Every Friday through September 1, 7-9PM
Head to the Mountain Fresh Pavilion in downtown Oakland for this free summer concert series.

Artist Studio Tour
July 22-23, 11AM-5PM
Get a rare opportunity to meet local artists in their studios and learn about their work. Continue reading Mid Summer Deep Creek Lake Events