Morning Coffee for Inspiration
Displaying blog entries 1-5 of 5
The Mt. Hood real estate market is still strong with eleven sales in the month of February closing for the Welches, Government Camp, Rhododendron and Brightwood areas. As more inventory is coming to the market, sellers are getting their properties ready for the 2015 selling season. Nationally, this past winter saw three times the buyers out shopping for homes compared to the year before.
Here are the local sales in February:
Most of the pricing points were under $200,000 with two Mt Hood National Forest cabins selling. Cabin inventory is low for this time of the year but several sellers are preparing their cabins to hit the market soon.
Here's an important message from local George Wilson, one of the spearheads of Mt. Hood bike and pedestrian coalition. Visit the website now.
Great news!
HB 3027 establishing a specialty license plate featuring Mt. Hood has been scheduled for a public hearing! The details are included below and it’s important that we have large turnout of community support to speak on behalf of the bill.
Where: Oregon State Capitol, 900 Court St. NE, Salem, OR 97301
When: Monday, March 23rd at 3:00pm.
House Transportation and Economic Development Committee
Can't attend? Please send a written letter of support to [email protected]. We would love to have a log of supporters to show the committee members!
Background:
While Oregon has a few specialty license plates, none highlight the important state landmark of Mt. Hood. HB 3027 came from some constituents living in the Villages are on Mt. Hood. They stated that having a plate featuring this Oregon landmark would “…be fun, job building, and pride of place promotion for Oregon.” I was encouraged by this idea and wholeheartedly agree that it would give Oregonians enormous pride to showcase an area of our state that has helped drive the multi-billion dollar tourism industry in Oregon.
Continuing to develop the bicycle and pedestrian tourism opportunities throughout the Mt. Hood region has the potential to grow local economies and encourage job creation to support the growing industry.
Mt. Hood real estate sales for February 2015 show that pending sales were down nearly 36% from 2014. Although last year was really a break out year for real estate all over the country as the recovery of 2012 took up speed, all news on the real estate front point to 2015 as being even a bigger year than 2014. With three times the buyers out in force this winter to purchase this year compared to last, I would expect the pending sales to be up from 2014 than down in our area. Most of that buyer demand must be for urban areas though and the majority of our buyers tend to be second home owners.
The lack of inventory is showing that some of those homes that have been for sale FOREVER are finally getting sold. February sales had an average marketing time of 236 days! This could indicate that prices have risen a bit with less inventory and some homes on the market a long time are finally at an attractive price for buyers.
Location Location Location! This is one of the best spots on the mountain located along the Salmon River, a premier river located in the Mt. Hood areas Cascade Foothills. This property has it all. You'll never leave the deck just steps from the river delivering the best of all mountain worlds. Easy access to get to the slopes, a short ride to Sandy Ridge trail for mountain biking and the Mt. Hood National Forest nearby for tons of hiking.
The house boasts three bedrooms and a family room complete with bunk beds for overflow guests. The open floor plan is great for gatherings and entertaining! Tons of windows to view the river front all over the house. I love the patio area next to the river. It's perfect for a sunny spot for barbecues. There's also a nice hot tub to relax in after a day on the slopes. New on the market at $390,000.
Displaying blog entries 1-5 of 5