1100 SOUTH BLAKESLEE relisted April 2, 2011 for $1,895,000; previously delisted on January 15, 2011.
85 HERON COVE WEST Rd relisted April 3, 2011 for $859,000; previously delisted on August 1, 2010. This is the third time this property has been listed for sale since 2008.
Just as a story from CBS MoneyWatch suggests that the housing market is three times worse than you think. Part of that logic is based on massive shadow inventory and another part is based on increasing levels of distress. According to this graphic, Maryland now has the third highest level of distressed inventory in terms of mortgages that are 90 days or more late relative to monthly sales (ahead of the former housing bust poster-child states of FL, CA, and NV).
Don't forget to check back to Dan's Deep Creek Blog for your future updates on Deep Creek real estate.
Monday, April 4, 2011
More high-priced properties emerging from Deep Creek shadow inventory
Subscribe to:
Post Comments (Atom)
2 comments:
And the most amazing thing about the property on Heron Cove West is ...
"# of Blocks to Ocean: 1"
Not many homes in DCL can say THAT! :-)
Mike,
Good catch! I also just noticed it is an agent-owned property too.
Post a Comment