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Displaying blog entries 41-43 of 43

What kind of a Market does the Mountain have?

by Liz Warren

There's a lot of talk of doom and gloom out in the media of massive foreclosure rates, mortgage fraud, over saturated markets and other issues.. Recently the National Association of Reatlors is seeing stabilization in the national market with some areas still trying to absorb the excess inventory.  Let's face it, real estate is a "local" market and can't be dictated by sweeping "national trends". Take a look at current statistics for area "153" the mountain market straight from the Multiple Listing Service. This area serves statistics  from Cherryville Hill (half way between Brightwood and Sandy) to Government Camp.

The market has a general two month supply of homes. Naturally, many sellers take their homes off the market in winter thinking there are few buyers but recent listings with multiple offer situations prove that there are many active buyers waiting for any new listing to hit the market. Rates are fantastic and with predictions of nearly 7% fixed rates by the end of 2007, NOW is a GREAT time to BUY or SELL!

 

STOP THE PRESS!

by Liz Warren

I'm not kidding!

The press is a beating drum of negative publicity about the current real estate market. The fact is 2006 is on tract to be the third best real estate market in HISTORY!

We are getting back to a "NORMAL" market. The sky is not falling. Homes are taking on an average six months to sell vs. days to sell. This is a normal market with an equal number of buyers and sellers participating.

Interest rates have been coming down over the last several months. It is a great time to buy.

Our local market does not have the speculators and flippers that have desended on the new construction of Florida, Las Vegas, and San Diego. As the investors bail out these markets need to absorb the extra inventory and that is why their markets are weaker than our local market.

Please don't be manipulated by sensational stories from the press. Things are actually very good! 


Mt. Hood Top Five Requests For Purchasers

by Liz Warren

What are the top five characteristics of properties requested by buyers on Mt. Hood?

1. Waterfront of any kind. Some buyers prefer the larger rivers but others with kids are more pleased with creeks. Pick your waterfront just to mention a few: Salmon River, Sandy River, ZigZag River, Still Creek, Clear Creek, Henry Creek, Boulder Creek, Rockway Creek and more!

2. View properties. Mt. Hood views are few and far between and only available up the LoLo Pass area. The surrounding hills of Hunchback mountain, Zig Zag Mountain and Sugarloaf are popular too.

3. Acreage. Any property with over an acre of land is high on buyer's lists. Most parcels over three acres are located off of Country Club, Barlow Trail and LoLo Pass Road. Due to surrounding Mt. Hood National Forest, BLM land and timber parcels, existing acreage for sale is difficult to find.

4. Seclusion. Yikes! Very difficult to find. If passing through on Hwy 26 you would think you were out in the woods when reaching the Hoodland Corridor. A community group is active in looking for a name change to be called the Villages at Mt. Hood. http://www.villagesmthood.us/ It's deceptive when driving by but once you get off the beaten path you will find a plethora of many dirt and gravel roads that take you to hidden homes and cabins. On deeded lands in tall stands of firs the typical mountain lot will be less than a quarter of an acre. In Government Camp lots are mostly 50 X 100. Many prefer the leased land cabins (560) in the Mt. Hood National Forest spread out along many creeks and rivers giving a feel of more seclusion and isolation.

5. Fireplaces, Knotty Pine, and Log: Yes, it's back to the old days of and the roots of Mt. Hood. in the 20's 30's and 40's! When families would treck to the mountain for their summer stays in their family cabins which usualy had a riverrock fireplace and lots of knotty pine. Steiner Log cabins were always at the top of any buyer's list too. There are even Steiner Log Home tours offered through the Government Camp Museum. This link will take you to a new web site for Steiner Log Homes with photos: http://steinerlogcabins.com/index.php?name=coppermine

What ever type of property you're looking for I have been working with buyers for 22 years and am well aquainted with what is available. Be sure and send me an email and I can help you find your  dream home or cabin. [email protected]

Displaying blog entries 41-43 of 43

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