In 2008 Railey Realty was once again the leader in market share for the Deep Creek Lake and Garrett County Maryland areas.  In fact, we sold more real estate in 2008 than all other area brokerages combined! Below is a chart showing the number of transaction sides and total dollar volume for 2008. These statistics include all residential, lot [...]

Did you know that a pool table / game room in a vacation rental home brings in an additional $225+/- in rental income per week?

If you are in the market to buy a vacation home in the Deep Creek Lake area you should know that renting to vacationers can offset some of the expenses of owning a second home. Because of the area's four season [...]

Real Estate mogul, Barbara Corcoran, appeared on the Today Show earlier this week to discuss the “Five Biggest Real Estate Myths” in the current real estate market. She explains each of the following myths in [...]

The Deep Creek Lake area real estate market continued to show steady performance in 2008. As you can see from the chart below the total of number of sales continued to decline but the average sold price continued to go up.  All data was obtained from our local mls and these are residential properties only - consisting of lakefront, lake [...]

DNR Policy Change To Impact Deep Creek Lakefront Property Owners

There has been a change in DNR's policy with regard to how older “grandfathered” improvements on the Deep Creek Lake buffer strip will be recognized. Up until now, any improvement - [...]

Below are some pictures taken last weekend from what is believed to be the first avalanche ever recorded at Wisp Ski Resort. While it's certainly not on the same scale as other avalanches out west it is certainly bizarre to believe that one can happen here in western Maryland of all places. But for those of you that don't own real estate or [...]

While not quite as riveting as the national Presidential election - many Deep Creek Lake and Garrett County Maryland business owners, frequent tourists, and vacation homeowners have taken an interest in yesterday's election results where a local referendum would allow limited Sunday alcohol sales in area [...]

Railey Realty and Deep Creek Lake were featured in an article that appeared in yesterday's New York Times Great Homes and Destinations section.

The article is titled ‘View from the Blog' - which reports about the growing popularity of blogs published by real estate agents and brokerages in second and vacation home markets such as ours at Deep Creek [...]

Fractional ownership homes at Deep Creek Lake are growing in popularity. The concept of multiple families joining together to purchase a vacation home is not new to the Deep Creek Lake area, but having a management company/developer to design and manage the project [...]

The Deep Creek Lake experience is an opportunity to slow down and enjoy a more relaxing pace. This slower way of enjoying life is part of the attraction and charm of our mountain resort. Those new to the lake area may not know it, but at one time both locals and visitors alike were actually [...]