Our Deep Creek Lake real estate market is certainly a buyer's market. However, we do not have the amount foreclosures or short sales around the lake and mountain as many other areas do. I think that is because we are primarily a second home market and many of our sellers don't need to sell. They have the luxury of trying to get their asking price or waiting out the market.
With all that said there are still some excellent deals and with interest rates low, it is a great time to get into the Deep Creek Lake Real Estate Market. Sam and I have had several investors just this past month alone take advantage of some wonderful opportunities and buy some properties.
Why wait till the market gets great and then you have to compete for homes, for more money and for a higher interest rate.
If you are thinking about buying or selling, we welcome the opportunity to earn your business. We are never too busy to help you.
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