Displaying blog entries 1-10 of 13
How are mountain properties shaping up in the distressed property department?
96 residential sales as of 10/30/2012
23 Bank Owned
6 Short Sales
30% are Distressed sales on the mountain
Here is an info chart for distressed sales in the Portland metro area.
Mark the date, November 10 at 9:00 am for an informative meeting in Welches on winter preparedness for Sandy River property owners. The workshop will be held at the Hoodland Fire Station. It's hosted by Clackamas County, the Villages at Mt. Hood, the Sandy River Basin Watershed Council and the Hoodland Fire District. There will be many experts on hand. Details on the Sandy River topics are covered in this news article.
Hit the link below for your cup of Mt. Hood Inspiration.
The first snows are coming to Mt. Hood and it won't be long until the boards are heading down the hill. Here is a great ski cabin with good winter access that holds a bunch of family and friends. You'll like the big open areas in the living room and dining area. Affordable at $130,000! leased land in the Mt. Hood National Forest.
As we know on Mt. Hood, "it's all about the fish". There's recent controversy over the wild and hatchery fish coming up stream after the removal of the Marmot Dam in 2007 (see video)
and their spawning grounds intermingling. These spawning grounds would be in our local Zig Zag River and Sandy River. The Sandy River Hatchery recently received approval from the Feds to run their program. I am by no means an expert on fish. I do my fishing at the local Trout Farm. Here is a recent article explaining the issues.
This year has seen a huge increase in sales so far! The nine closed sales for September are listed below. The majority of these purchases were for second homes. Buyers are taking advantage of these lowest ever interest rates and getting their mountain getaway. Sales included two forest service cabins and two Government Camp rec homes!
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Mt. Hood residents have to take a trek East or West to find a good pumpkin patch for Halloween.
EAST SIDE (Damascus / Boring / Corbett)
Liepold Farms: 14480 SE Richey Rd, Boring OR 97009
Olson Farms: 22255 SE Borges Rd., Damascus OR 97080
Bushue’s Family Farms: 9880 SE Revenue Road, Boring OR 97009
Old McDonald’s Farm: 1001 SE Evans Rd., Corbett OR 97019
Here are the numbers straight from multiple listing service of sales for September 2012. Although slightly down with eleven closed sales, this had been a banner year for the highest "number of sales" in nearly 5 years! After sales increase in numbers we will eventually have some price stabilization.
It's still a buyer's market for the mountain with all residence, including condos and manufactured homes hitting a 13.4 months worth of inventory. It's the perfect time to get that second home in the Cascades!
Here's a little Mt. Hood Inspiration to start your week!
Hit the coffee below to get the inspiration.
Displaying blog entries 1-10 of 13
