Previously profiled property reduced again and now listed as a short sale ..

click to see listing for 200 KENDALL CAMP Cir and here to see our most recent post on the same property. What a change a few years makes. Back in 2009 when the property was first listed for sale at $689,900 the owners of less than two years were looking to flip the property to make a quick profit. Now less than two years later the list price has been reduced to $534,900 - well below their 2008 purchase price of $610,900 - and the listing reclassified as a short sale.

If nothing else, these events certainly make the comments made by a misguided reader (obviously a local real estate agent) back in January 2009 look even more foolish in retrospect.

".. that a Kendall Camp unit recently transferred just a few weeks ago in December 2008 for $940,000. It was on the market for 61 days. Apparently it turned out to be a great time to buy for the people who bought the Kendall Camp unit you reference earlier this year for $725,000. The value of their unit just went up $215,000 in less than 6 months!!"

Read the full exchange by clicking here.

Read more from Dan's Deep Creek Blog on the Kendall Camp community at the following links:
Deep Creek Kendall Camp 1
Deep Creek Kendall Camp 2
Deep Creek Kendall Camp 3

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