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Thinking of Buying or Selling on Mt. Hood?

by Liz Warren

        

Appreciation

by Liz Warren

Appreciation Is Strong: It Might Be Time to Sell

Appreciation Is Strong: It Might Be Time to Sell | MyKCM
 

There’s no doubt that today’s housing market is changing, and everything we see right now indicates it is time to sell. Here’s a look at why selling now is likely to drive the greatest return on your largest investment.

Home values have been appreciating for several years now, growing at a strong, steady, and impressive pace. In fact, the average annual appreciation rate since 2012 has nearly doubled the average rate from the more normal market of the 1990s (think: pre-bubble).Appreciation Is Strong: It Might Be Time to Sell | MyKCMAppreciation, however, is projected to shift back toward normal, meaning home prices will likely keep climbing over the next few years, but they are not projected to continue to increase at such a high rate.

Here’s What That Means for Homeowners:

As noted in the latest Home Price Expectation Survey (HPES) powered by Pulsenomics, experts forecast an average annual appreciation rate closer to 3.2% over the next five years, which is more in line with a historically normal market (3.6%). The good news is, there’s still time to take advantage of the current strength of home prices by selling your house now.Appreciation Is Strong: It Might Be Time to Sell | MyKCMLooking at the projections as they stand today, 2019 is slated to drive the strongest appreciation as compared to the upcoming few years. With average home prices still on the rise, the pace at which they are predicted to continue increasing will likely soften by 2020.

Bottom Line

If you’re thinking about selling your house, now is a great time to make your move. Don’t get stuck waiting until projected home price appreciation rates potentially re-accelerate again in 2023. You’ll likely earn the greatest return on your investment by selling now before the prices start to normalize next year.

Should you sell this summer?

by Liz Warren

               

Price increase on Mt. Hood?

by Liz Warren

Will home prices on Mt. Hood increase this year? Experts in the market say they will based on National surveys and information. Historically that increase is around 3% per year.  So far, homes under $400,000 seem to be doing well for sales but once you jump up into the higher pricing points, things are a little slow. In general Government Camp commands the upper limit for sales on the mountain above $500,000.

 

                  

Buying A Home On Mt. Hood?

by Liz Warren

 

               

Mortgage Information

by Liz Warren

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Clackamas County my regulate short term rental properties in the Mt. Hood area. A meeting for input will be this coming Saturday to take input on the code, possible regulation and discussion. The meeting will be held at the Trees Room at the Mt. Hood Oregon Resort. Details are listed below.

 

Clackamas County Meeting concerning Vacation Rentals

Are You About to Become An Empty Nester?

by Liz Warren

 

                

Time To List Your Property On Mt. Hood

by Liz Warren

 Mt. Hood sales are HOT right now with many new properties selling in days! Now is the time to have your property on the market to take advantage of sales today! Call if you are ready to go.   

 

             

Market Trends Newsletter for Mt. Hood March 2019

by Liz Warren

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Market Trends Mt. Hood Real Estate February 2019

Featured Listing

Featured Listing

For Sale: $499,950

More Information

Local Update for February Sales

Below are the latest stats for February with seventeen closed sales. The sales are spread throughout the market from Brightwood to Government Camp. Three condos and two forest service cabins closed. Single family properties were scooped up by many second home buyers and investment vacation rental buyers. The demand for vacation homes has skyrocke

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National News For April

U.S. Real Estate Overview Note: February 2019 data below are the most recent released by the National Association of Realtors. Existing-home sales rebounded strongly in February, experiencing the largest month-over-month gain since December 2015, according to the National Association of Realtors®. Three of the four major U.S

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New App for Buyers and Sellers!

If you are out and about looking for properties or just want to keep up with the market, this new APP has everything you'll need in the process. Download the New Keller Williams App to Keep You In the Know for Properties On Mt. Hood

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Displaying blog entries 1-10 of 343

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