Rates are dropping – significantly. It’s definitely having a positive effect on our market, and my phone lit up last week with buyers who have been on the fence about buying here in GC and at the lake. Houses have been hitting the market under contract or going pending within days, which is common in the springtime when someone sees a great deal that is too good to pass up. I’m working on a lake view cabin that should hit the market next week (high $600s) and a nicely remodeled house with 2 garages (one attached, one detached) in Mt Lake Park for the $225k range. I listed a really nice home that fronts on Bear Creek (6+ acres) and a detached garage last week. $559k, one of the featured properties below. I still have buyers for lakefront townhomes with dock slips, so please reach out if you know someone who may entertain an offer or would like a market analysis?
If you or someone you know is looking at buying or selling real estate here at Deep Creek Lake, please let me know – I would love an opportunity to help! Jay Ferguson, 301-501-0420, deepcreeklaker@gmail.com.
207 active residential listings this week (up from 194 last week)
54 under contract/pending (down from 59 last week)
37 total home sales closed March, 8 so far in April
