By: Carol Wills cwills@railey.com 571-214-3544 June 30th, 2010 Category: Deep Creek Lake Activities, Deep Creek Lake Area Things To Do, Wisp Ski Resort

The newest craze in transportation and touring, offered at Deep Creek Lake’s Wisp Resort are Segway Tours. The Segway is an upright, self balancing people mover. The movie “Paul Blart Mall Cop” featured the Segway and so did the movie “10 MPH”. In the movie 10 MPH, two guys quit their corporate jobs to take a road trip across America on a Segway traveling 10 mph.

My husband Ted has been exploring Deep Creek Lake since 2008, at 12 1/2 mph on a Segway - and folks on the

mountain call him the Segway Man. Ted has logged over 3,000 miles on his 2 personal Segways.

He has been a local consultant for the tours and is in his second year of giving tours each Saturday at Wisp Resort.

What a fun way to explore Deep Creek Lake and support going green!

Basic Tour $39.00 for 1 hour

Advanced Tour $79.00 for 2 hours

For more information call 301-387-4911

www.deepcreeklake360.com highlights places to explore when visiting Deep Creek Lake including lodging, restaurants, shopping, places to hang out and of course the latest in real estate news.

By: Mike Kennedy mkennedy@railey.com 301-616-6106 June 25th, 2010 Category: Deep Creek Lake Activities, Deep Creek Lake Area Things To Do

One of the great benefits of owning a vacation home and real estate at Deep Creek Lake are all the great activities you and family members can experience. Wakesurfing is fast becoming one of the most popular water sports activities to do on the lake. Wakesurfing is essentially surfing in the wake created by the boat. A wakesurf board is basically a smaller version of a regular ocean surfboard and does not have bindings for your feet. To get up, you start in the water behind the boat in a seated position with your heels on top of the board. While holding a specially designed wakesurf rope the boat then pulls you up. After you are up, you can then pull yourself towards the front of the boat’s wake. After you “catch the wake” and start surfing you can then throw the rope into the back of the boat. The wake created by the boat mimics the look and feel of an actual ocean wave.

Personally, I’ve found wakesurfing to be a great all around family activity for Deep Creek Lake for two reasons. Most importantly, wakesurfing falls are very gentle in nature - sort of like just jumping in the water - very different from the more violent “face plant” falls you can experience while water skiing and wakeboarding. The risk of getting hurt is very, very low. Also, this activity can be done on days and during times while boat traffic is heavy on the lake. You do not need early morning calm, glassy lake conditions to wakesurf. Unlike the other watersports, you can enjoy this activity all day long.

It’s very important to note that you should only use an inboard ski boat to safely wakesurf!! This is because the propellers on inboards are located underneath the boat thus keeping you out of harm’s way. A special thanks to Scott Lohr of Lohr Distributors and Bill’s Marine Service for providing this boat. This boat is a brand new 2010 Correct Craft Crossover Nautique 226 and is currently for sale at Bill’s Marine. This boat is a perfect family boat that can be used to water ski, wakeboard, wakesurf, and cruising Deep Creek Lake. It’s loaded with every feature imaginable - all the latest electronics, automatic ballast tanks, and sound system. It can seat 15 comfortably.  For a demo of this incredible boat or any others contact Bill’s Marine Service.

By: Mike Kennedy mkennedy@railey.com 301-616-6106 June 16th, 2010 Category: Deep Creek Lake Buyer Info, Deep Creek Lake Market Update, Deep Creek Lake Real Estate, Garrett County Real Estate, News

It is no secret that the local real estate market experienced a challenging year in 2009, but as we move closer to the 2010 summer selling season there are signs of increasing momentum and improvement. If the current trends continue, we can hopefully look back and note that 2009 was the bottom. Some trends we are seeing include:

• Buyer interest and activity is well ahead of last year’s pace. Lakefront residential transactions are up 70% from the same period last year.
• There have been five (5) $1 million dollar plus sales this year compared to only three (3) last year at this time.
• A lakefront property in The Reserve at Holy Cross just sold for a record $3.5 million. Railey Realty was the listing broker for this sale. This is the first reported $3 million plus lakefront residential sale.
• The number of pending contracts is greater now than it was last year at this time.
• New residential construction and housing starts have stabilized. Through May, total building permits issued for new single family home starts in Garrett County is nearly at the same level experienced for all of 2009.
• Distress sales, short sales, foreclosures, and bank owned properties in Garrett County and the Deep Creek Lake area are still few and far between in this market.

The area continues to add amenities such as the under construction Community Athletic Recreation Center, just opened Lodestone and Thousand Acres golf courses, and a new Zip Line Canopy Tour Ride at Wisp Ski Resort. The Deep Creek area offers an abundance of activities and attractions families can enjoy year round.

If you are a prospective buyer, now may be the perfect time to purchase.  Interest rates remain low, and there is a great selection of properties to choose from.   Right now is a great time to take advantage of these benefits and capitalize on the historical strength found in this four season resort market.

If you are in the selling process it is very important to not over-price your property.  “Testing the market” in this environment is not the best path to take.  Today’s buyer is well informed and will not make offers on obviously overpriced properties.  As a result, the over-priced properties do not sell, and as other owners market their property, inventory increases.  This ultimately drives prices down.  Our advice is to offer your property for sale when the time is right for you and price your property competitively. One simple fact has remained true - properly priced homes in good condition are selling in this market.

If you are considering selling and would like to know the value of your property, Railey Realty will provide you with a free, no obligation, competitive market evaluation.  Please contact your agent or call us at 301-387-2000 for details.  As Deep Creek’s leading brokerage we look forward to helping you with all your real estate needs.

By: Mike Kennedy mkennedy@railey.com 301-616-6106 June 11th, 2010 Category: Deep Creek Lake Buyer Info, Deep Creek Lake Market Update, Deep Creek Lake Real Estate, News

Railey Realty is proud to announce its participation as the listing broker in the highest lakefront residential sale recorded at Deep Creek Lake. The upscale, nearly 14,000 square foot home when finished, was recently sold for $3.5 million. The home was built in 2007 and is located in the Reserve at Holy Cross which is a private lakefront/lake access community. The property features stunning, unobstructed views of Deep Creek Lake from most rooms, 4 bedrooms, 3 full baths, nearly every upgrade you could imagine in a high-end home, and a boat dock permitted for 3 power boats. The couple who purchased this home is from the Pittsburgh area and plan on using it as a vacation home.

This is the first sale over $3 million at Deep Creek Lake and is the highest sold price for a residential property since 2007, when another lakefront house in The Reserve at Holy Cross sold for $2.8 million.

If you are thinking about buying or selling lakefront property on Deep Creek Lake, give us a call or send us an e-mail. As Deep Creek’s leading real estate brokerage, we can assist you with all your real estate needs.

By: Mike Kennedy mkennedy@railey.com 301-616-6106 June 2nd, 2010 Category: Garrett County News, News

There is no new progress to report on the proposed changes to the lake regulations dealing with how many personal watercraft may be moored at private Type A and common boat docks. This proposed regulation would essentially get rid of all the PWCs stands that can found along the shoreline. Deep Creek Lake Manager Carolyn Mathews has stated that during the public comment period the DNR received several very detailed comments and concerns against the proposed changes to the lake regulations

Ms. Mathews also reported that the Superintendent of the Park Service, Nita Settina, found the comments to be of merit and is giving them due consideration before moving forward with any changes. Ms. Settina plans to visit Deep Creek Lake this summer and will weigh the points brought forth in the comments against the proposed regulation changes and may suggest an alternative to the proposal.

The public comments on the changes are posted on the Deep Creek Lake website at…

http://www.dnr.state.md.us/publiclands/western/deepcreeknrma.asp

Updates will be posted on this website as they are made available. This is the new DNR website for information about the lake. This site is separate from the state park website and will have more lake specific information posted over time.