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December Sales Take off in 2013

Tuesday, January 21, 2014
by Liz Warren

A fantastic year for real estate on Mt. Hood brought a strong finish for December with fifteen sales last month. Four forest service cabins closed and a couple with unbelievable prices under $60,000! Three manufactured homes changed hands, two condos-both in Fairway Estates at the Resort at the Mountain, and two Government Camp properties. 

Calls are coming in from sellers now gearing up for the 2014 selling season. It should prove to be another great year on the mountain with lots of bargains to be had and continued low interest rates. All predictions are that by the end of the year rates will be up an entire percent as the Feds continue to "TAPER" the pumping up of the economy. Now is the time to buy.

 

         Mt. Hood real estate Sales for December 2013

        Mt. Hood Real Estate sales

       Mt. Hood Real Estate Sales for December 2013

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Mt. Hood December Sales Soar

Friday, January 17, 2014
by Liz Warren

December sales rounded off the year with 15 closings for the month! This brought the mountain sales totals for 2013 up to 156 sales. We are happy to see these numbers after climbing out of the slow recovery on the mountain since the bubble times. 

Mt. Hood Real Estate Sales for December 2013

 

You can tell by December's numbers with pending sales up 180% from a year ago that things are improving in our area. Last December was a bit bleak compared to this year. Don't be deceived by the average sales price change of 13.7% for the mountain. Due to some higher end sales, mostly in Government Camp, this number is eschewed to make things a bit rosier than they are for Welches, Rhododendron and Brightwood. The lagging Government Camp market has seen some life in the embers and it's reflected in this chart.

January looks as promising as December. Despite the lack of snow, accessibility for showing homes is exceptionally good for this time of year and many buyers are out to make their purchase now before interest rates climb and purchasing power will be affected. Acting now before rates go up, which are predicted to be nearly a whole point by the 4th quarter would be a good move!

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