Saturday, January 3, 2009

Turns out the Deep Creek market does have at least one 1000+ day listing as well ..

see it right here. Recall that shortly before the end of 2008 I mentioned that things could be a lot worse and linked to another blog in CA about a house which had been on the market for more than 1000 days. At that time I did not realize the same situation also existed in the Deep Creek market, but after doing my homework I guess all I can say is that at least there are not more 1000+ day listings. Although there are some others fast approaching the 1000 days on the market milestone, including this lakefront home. Even more shocking, the list price today is only moderately lower than it was back in 2006. Talk about waiting for your price.

On another note, I just discovered this Redfin.com website, but it is a very powerful tool with a great deal of information for would-be home buyers. A lot of the information available on this site such as days on the market, original list price and previous sold price is not readily available when doing a search using only a broker's website. I guess they want to hold something back so that you don't find out all of this on your own.

Don't forget to check back to Dan's Deep Creek Blog for future updates.

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