Another twist this week in the Deep Creek Price Change Spotlight, as 126 HIGH ROCK Ln comes back to the market as a foreclosure. After selling for $600,000 in 2007, the property was originally listed in 2009 and then re-listed last year as a potential short sale. A host of price changes later, the list price is all the way down to $474,900 as the bank tries to unload the property and lock in their losses. Assuming the property sells at list price, that's another example of a 20% decline in market value over the last 4 years.
Don't forget to check back to Dan's Deep Creek Blog for your future updates on Deep Creek real estate statistics.
Friday, May 6, 2011
Friday's Deep Creek Price Change Spotlight
Labels:
foreclosure,
Price change
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