Mt. Hood Real Estate Sales for July 2012
Tuesday, August 21, 2012
July 2012 was keeping pace with the rest of this year with twelve closed sales for the month. Number of sales are still high and rolling through this inventory at a good clip. Once this large amount of inventory is gone pricing will finally stabilize and appreciation may some day return to the mountain! Four of the sales were distressed meaning foreclosure or short sale. Nationally distressed sales are down to about 25% of inventory.
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