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Mt. Hood Sales for August 2010

Friday, September 17, 2010
by Liz Warren

Recent numbers are out from the Multiple Listing Service for our August Mt. Hood sales. The numbers are squeaking out at a total of five sales for August.

Here is the chart.

Mt. Hood Real estate Sales chart for August 2010

Reflected in this chart is that pending sales compared to a year ago for the month of August are down 50%. Less buyers in the market at this time and more competition for sellers for those buyers. The number of closed sales is inaccurate as the real number is five vs. four.

The summer hang over from the governments home buyer's tax credit will be over soon and a more realistic number will appear in the months ahead. Despite all the media doom and gloom over the numbers, nationally about 10,000 homes close each day in the US.

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Mt. Hood Real Estate August Sales 2010

Wednesday, September 15, 2010
by Liz Warren

Great News! All five of the Mt. Hood area real estate sales this past month were non foreclosed properties! Most months about half of the sales were distressed foreclosure sales.

Here are the sales:

Another forest service cabin sold and one Clear Hills Condo unit closing at $190,000.

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Government Camp Alpenglade Lot Sells in July 2010

Sunday, August 15, 2010
by Liz Warren

One of the very few remaining Alpenglade lots in Government Camp closed in July, 2010 for $230,000 cash. Lot sales have been few and far between with the slowing down of the real estate market. I am pleased to report that I was the marketing agent for this property.

 

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Mt. Hood Sales for July 2010 on Mt. Hood

Sunday, August 15, 2010
by Liz Warren

If you've kept up with recent reports you will find that the majority of sales for 2010 were pushed up to the first half of the year due to the first time home buyer's credit. Sales plummeted since that time. Buyers who may have bought later in the year pushed their plans forward leaving a 30% drop in sales for Jully.

Brightwood, Rhododendron, Welches and Government Camp saw three closed sales for residential properties for the month of July. Two of these homes were foreclosures. Here are the sales:

Mt. Hood sales for July 2010

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Multiple Listing Service Posts Mt. Hood Area Data for July 2010

Sunday, August 15, 2010
by Liz Warren

The Portland Metro RMLS data has been released for the Mt. Hood Area market place from Government Camp, Welches, Brightwood and Rhododendron. This compares numbers from 2009 to 2010. Here are the numbers:

Mt. Hood Sales for 2010

Total listings and inventory is increasing. Pending sales hit 45% less than 2009. Marketing times are increasing. For these three properties, despite the fact that they were foreclosures hit 232 days for a sale.

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Government Camp Collins Lake Condos For Sale

Tuesday, July 27, 2010
by Liz Warren

Choices, choices and more choices! Government Camp has a great inventory of Collins Lake Condos current available for sale. Get ready for winter skiing and pick up your Condo now! Here's the inventory:

Government Camp Collins Lake Condos for sale

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Nationally Existing Home Sales Drop

Monday, July 26, 2010
by Liz Warren

Mt. Hood real estate sales for June 2010 hit  a whopping 15 sales. Here is the most recent chart from NAR-National Association of Realtors showing national sales for the month of June 2010. Is the Mt. Hood area bucking a national trend?

National Home Sales June 2010

Look at the number of sales in 05 and 06 compared to today's figures. As a general statement, the mountain sales have probably declined in numbers by two thirds at the height of the market in 05-06.

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June Sales in Welches, Government Camp, Rhododendron and Brightwood

Saturday, July 17, 2010
by Liz Warren

A record number of sales closed in June 2010 in the Mt. Hood area. Most of them went pending in March and April. Seven of the fifteen were bank foreclosures. Nine sales were under $200,000. The good news is that there were two Resort at the Mountain homes which sold. That area has seen some spark recently with a few sales and some new properties coming on the market. Here are the June sales for 2010 in the Mt. Hood area:

Mt. Hood Real Estate sales for June 2010

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Mt. Hood Real Estate Numbers for June 2010

Saturday, July 17, 2010
by Liz Warren

The numbers are in for June 2010 for Mt. Hood area real estate sales straight out of RMLS. The numbers are impressive with a total of 15 sales closing. My estimate is that these sales were put together in March and April and finally closed. We have seen a weakening of pending sales at the moment but hope with the fantastic weather we are having that more buyers will take advantage of the incredible inventory currently on the market. Now is the time to get a hec of a deal on a mountain property!

Mt. Hood real estate sales for June 2010

Market indicators show increasing inventory, fewer pending sales for the month, longer marketing periods but pending sales up nearly 50% year to date from 2009!

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Mt. Hood Seven Sales for May 2010

Wednesday, June 23, 2010
by Liz Warren

Mt. Hood Sales for May 2010

Here are the seven sales for the month of May in 2010 in the Mt. Hood Area. Two of these homes were foreclosures and finally, a forest service cabin sold!

Now that the Fed stimulous is over there is a major rush to close those deals by the end of June. This may have pushed purchasers into the first half of the year for buying and many experts predict a lag in July and August since many buyers took advantage of that tax credit opportunity. Even though this tax credit was extended into 2010, only one fifth of the numbers seen in 2009 took advantage compared to the surge of sales in 2009. Numbers are weak throughout the US for 2010 with new mortgage applications lagging and new construction sales down by 32% according to Reuters today.

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Displaying blog entries 271-280 of 348

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