One property emerges from the shadows ..

At first glance, 1511 MARSH HILL Rd looks like a new listing, but a closer look reveals that it has been listed not once but twice before. Each time, the price was reduced, the listing expired and the property fell off the active rolls and back into the Deep Creek shadow inventory.

Here's the profile of this property from last year's distressed properties list. 1511 MARSH HILL Rd: current list price: $749,000, 2005 sold price: $700,000. April 2010 list price was $835,000.

Now listed for $717,000 (less than a real estate agent's commission above the 2005 sold price). The question is will 2011 be any different than 2009 and 2010 and will the property finally sell or will it once again fall into the shadows.

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