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Displaying blog entries 11-20 of 44

Freddy Mac and Fannie Mae

by Liz Warren

Well, with the Feds bailing out these two institutions it means REDUCED RATES!

Buyers, take advantage right now because it may be the best possible senario with low rates and BIG inventories!

Recent rates have dropped to 5.875% for 30 year fixed!!!!!

Don't hesitate!

Interest Rate and Economic Growth Predictions

by Liz Warren

 

Wonder what will happen with interest rates for the rest of the year and into 2009? Check out this chart for the NAR, National Association of Realtor's, and Freddie Macs predictions for the rest of 2008 and into 2009. Interest rates are still fantastic so it is a great time to buy.

 

Here are NAR's predictions for economic growth through 2009. See Chart Below--As far as real estate goes in the Mt. Hood area, Welches, Rhododendron, and Government Camp, things should be staying pretty much the same in our area as far as market conditions are concerned unless credit loosens up. Do I think that will happen soon? Honestly, no I don't.

Yes, there was a bill passed to help first time home buyers to receive a tax credit to help get them into homes. Unfortunately, most first time home-buyers are not starting out in our area due to commute and gas prices so this will not have an impact from what I can tell.

 

Zig Zag Riverfront Cabin near Mt. Hood

by Liz Warren

 

$210,000   only SEVEN minutes to skiing!

 TAKE A TOUR HERE

Charming and well maintained ski cabin on the banks of the Zig Zag River only seven minutes from ski areas! It's spacious with nearly 1400 square feet of living space. Plenty of room in the living room, kitchen and dining area. Franklin fireplace for warming up after skiing. The living room has tall ceilings with wood beams and wood accents.

The kitchen and dining area are open and you can watch the river through a wall of windows that look out to the forest and river.

A deck is located on the front of the cabin for listening to the river.

Most of the windows have been replaced making a warm and cozy cabin for wintertime use.

A handy wood storage area is just off the mud room. You'll love the bathroom which was completely rebuilt  including a full sized shower and tub.

A metal roof is perfect in case it snows. The snow will slip right off the roof for easy care.

Located only one hour from Portland in the Mt. Hood National Forest with thousands of miles of hiking trails in your back yeard. leased land in the Mt. Hood National Forest.

 

Mt. Hood Newsletter Hot Off the Press!

by Liz Warren

If you're interested in what is happening locally in the Government Camp, Welches, Rhododendron and Brightwood real estate markets plus nationally in real estate news you might want to sign up for my monthly newsletter to keep up with what is happening! I cover trends in Mt Hood National Forest cabins, Government Camp properties, local improvements that may inpact your ownership, lending issues and more.

Here is the latest copy!

Mt. Hood Original 1925 Cabin

by Liz Warren

This is an original 1925 cabin near Still Creek in Rhododendron. Lots of charachter and charm in this two bedroom cabin. Wood floors, old fashioned paned windows and a great deck to relax and listen to the Creek will lull your cares away.

Walk to Rhododendron across the footbridge. Located only one hour from Portland in the Mt. Hood National Forest! Minutes to year round skiing and thousands of miles of hiking trails in your backyard!

$95,000    TAKE A TOUR HERE

Mt. Hood Salmon River Lodge

by Liz Warren

Stunning setting on the Salmon River with nearly two acres of land bordering hundreds of acres of BLM land! Custom built in 2007 with all the bells and whistles. Huge soaring great room with over 26 foot ceilings, a wall of windows, hardwood floors and a floor to ceiling fireplace. Open floor plan with dining room and kitchen open to the great room. Gourmet kitchen with top end appliances, granite countertops throughout the house. Three full bedrooms and two and a half baths with over 2500 square feet of living space.

Call for a punch list of items included in this home. It will amaze you. Huge wrap around deck with covered areas, french doors, a spacious loft upstairs with two bedrooms and another full bath upstairs.

The bottom level of the house boasts an over sized two car garage and massive shop area which could also be used for storage.

This custom built home is located in Brightwood down a private gated road with Boulder Creek frontage, Salmon River frontage ( wilth around 260 feet of riverfront) and is next to BLM (Beaureau of Land Management) park areas. Walk to your own swimming hole.

ML# 8070585   $749,950    TAKE A TOUR HERE

It's only a short drive up to year round skiing on the Palmer glacier and three great ski areas, a short drive to a 27 hole golf course at the Resort at the Mountain. Portland sits only one hour away and even less time to the Portland International Airport!

Own your little piece of paradise at the gateway to the Mt. Hood National Forest! All the work is done and it's ready to go.

July 3rd Report: Inventory is way up!

by Liz Warren

Summer has finally hit the mountain with warm temps and hazy Northern California smoke interrupting our Mt. Hood views. Along with the smoke rolling in we are seeing increasing inventory of properties rolling in.  All price ranges are seeing jumps in active numbers. Take a look at the info below to see the current numbers.  Average days on market have hit 106 with a  22 month supply of homes currently for sale.  Of course some price ranges are moving better than others. The majority of the homes sold in the past twelve months were in the $225,000-$235,000 range.

If there was ever a great time to purchase on the mountain it is right now. Interest rates are historically screamingly low hovering at 6.3-6.5% and a large choice in inventory. It’s a buyer’s paradise.

We suspect as the 4th of July weekend moves on we will see the bargain hunters emerge.

Have a safe and happy 4th of July!

Craftsman Cabin on the Zig Zag River $170,000

by Liz Warren

If you want a great place to vacation close to home in a pristine forest, look no more. This hand crafted cabin sits on the banks of the Zig Zag River in the Mt. Hood National Forest. Lots of thought and care have created a picture perfect getaway with knotty pine, vaulted ceilings, a huge stone fireplace with an excellent woodstove (Lopi) insert to take the chill off after skiing or hiking. The cabin sits on the sunny side of the canyon with lots of windows to take advantage of ligiht. It's just located outside of Rhododendron on the way to Government Camp.


Open spaces to the kitchen and dining area create a roomy feel. There is all kinds of special lighting throughout the cabin and the seller has done tons of upgrades from added insulation in the ceilings and floors, newer carpet, new paneling and tile, a new roof on the outbuilding and more.

The location is only about ten minutes to the slopes and five to Rhododendron. Vacation all year round and it's close to Portland, only one hour away! The secret is out about Mt. Hood so take advantage while you can still afford it! This is leased land.

TAKE A TOUR HERE

 

If you've ever thought about a great getaway in the Mt. Hood National Forest, this is the place for you. Charming ZigZag riverfront cabin with an open living room with beams and tons of windows to bring the outdoors in! Enjoy your deck above the ZigZag river and fire that barbeque up for easy outdoor living.

There's a beautiful stone fireplace that heats up the cabin well.

It's the centerpiece of the living room. It's open to the kitchen, dining area, and living room area. A big sliding glass door steps out to the decking area.

There is a bedroom on the main level and up the spiral staircase is a huge bedroom with mutiple sleeping areas and small storage areas off the sides.

An easy care metal roof is great in winter for sliding any snow off the roof. Just to the side of the cabin is a handy wood shed for storage.

The best of all, this cabin is only seven minutes to the slopes! Forget long lines of winter ski traffic! This is so close that it's perfect for winter and summer vacations and ONLY one hour from Portland. Save gas money and vacation close to home all year long! Enjoy the pristine forest in the Mt.Hood National Forest.

$199,950  take a tour here

Mt. Hood Secluded Acreage with Contemporary Home!

by Liz Warren

This secluded acreage has it all! Custom built home with tons of bells and whistles. Pride of ownership throughout. Bonus attached apartment for live in parents or returning grown children complete with private bath and kitchen with a separate entry. The home features over 3,000 square feet of living space with four bedrooms (including the apartment) and three and a half baths. There is a wonderful river rock fireplace in the huge family room complete with built in wet bar and a pool table area. A sliding glass door leads out to a private covered patio area and the hot tub.


Knotty pine accents and high vaulted ceilings bring the mountain flavor in. The gourmet kitchen is to die for and it's open to the dining room area. You have tons of cabinets and a gas stove for cooking. You'll love the ambiance of the river rock alcove wood stove to take the chill off cool mountain evenings. The pole barn/shop is a delight too for storage and hobby area. It's 36 X 24 with power of course!

Just down the street a little ways in the Mt. Hood National Forest with thousands of miles of hiking trails and the reknown Salmon River for exceptional fly fishing. Head the other direction to the premium ski slopes only 15 minutes away. And, if you're a golfer, there's a 27 hole golf course at the Resort at the Mountain, only two minutes away.

$549,000 Take a tour here

Displaying blog entries 11-20 of 44

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Liz Warren
Merit Properties Group - Keller Williams Realty PDX Central
Box 131
Welches OR 97067
Direct: 503-705-3090