Real Estate Information Archive


Displaying blog entries 1-10 of 18

The Unemployment Recession Update

by Liz Warren

The unemployment figures are important to buyers and sellers in today's market and is a major component of home values and purchases. In a prior blog post on unemploymentunemployment recession

Government Camp Condo Foreclosures

by Liz Warren

Looking for a foreclosure in Government Camp? Look no more. Three units are on the market as 2010 ends. Two are Collins Lake Units and one Eidelweiss unit is currently available. Here are the details below.

Government Camp condo foreclosures

Morning Coffee

by Liz Warren
Monday Morning Coffee


"Who exactly do you want to be? What kind of person do you want to be? What are your personal ideals?
Whom do you admire? What are their special traits that you would make your own?

It's time to stop being vague. If you wish to be an extraordinary person, if you wish to be wise,
then you should explicitly identify the kind of person you aspire to become."

- Epictetus


Microsoft uses that slogan to convince you that with their software you can head in any direction you please. Earl Nightingale, one of the great motivational speakers, said it better. "Imagine that you are the captain of a great ocean-going vessel," he suggests. "Before even leaving the harbor, you lay out plans for your voyage. Using maps, you choose a destination, then employ your navigational skills to arrive safely".

"Without a chosen destination and a map to help you arrive," he continues, "you are akin to a ship without a rudder. If you get out of the harbor at all, you'll probably end up a derelict on some deserted beach."

On this verge of the year 2011, I hope you've decided on a destination for the year and have looked carefully at the map that will take you there. A word of caution is in order. Be careful not to choose too many destinations, meaning don't set too many goals for the year. Including more than a handful of worthy objectives can leave you with maps and navigational instruments strewn all over your desk - resulting in chaos, lack of focus, and questionable navigation.

It's better to have four clearly defined targets for the year, accompanied by a masterful plan for their achievement, than to have only a list of 25 hoped-for achievements. Anthony Robbins suggests the following agenda for achieving your most worthy objectives.

First, write down a "dream inventory" - a list of everything you want to accomplish in 2011. Next choose the four most important major goals. For each of the four make a list of the benefits you will enjoy when you achieve them. Then list all the resources you currently possess which would be of benefit to achieving your major goals, i.e. experience, knowledge, skills, positive attitude, friendliness, perseverance, etc.

Continue by listing the three most successful times in your life. Under each, write down a description of how you felt and acted during those times, i.e. felt invincible, presented a professional image, smiled a lot, wasn't afraid to try a new approach, etc. Next write down the type person you would have to be to achieve your goals, i.e. must be prepared for presentations, must always have confidence, must put others' needs first, must organize my time, etc. Follow this with a list of "What prevents me from achieving this right now." Write down your fears, your lack of action, etc.

Finally, write down the steps you must take to achieve each of the four major goals. This would be a list of each and every task that must be completed in order to produce the maximum results. By breaking down the objective into individual steps, it becomes more manageable.

Notice that achieving a major goal requires major planning. Have you already done your homework and feel completely prepared? Hopefully so. If not, take the first week of the coming new year to build a plan for your future. It's well worth the effort!

Mt. Hood Foreclosures For Sale December 2010

by Liz Warren

Here are all the foreclosures currently for sale in the Mt. Hood Area from Government Camp to Welches, Rhododendron and Brightwood. Some properties have major issues, need substantial work, but most are close to 33% or more below current market value.

December 2010 Mt. Hood Foreclosures


by Liz Warren

It's starting at the 1400 elevation and it looks like a big one. Riders and skiers, this is going to be a good one!

Here is a handy link to current conditions at our three local ski areas:

Mt. Hood Meadows


Ski Bowl

Timberline Rim CC and R's Extension

by Liz Warren

A local subdivision, Timberline Rim, in the Mt. Hood area recently had their CC and R's (Covenants, Conditions and Restrictions) extended by a majority vote. Recently buyers for that area have had some anxiety with the the possibility that the vote for extension would not be approved. We are waiting for details soon to be released.

Mt. Hood Foreclosure Sales Are Up In November 2010

by Liz Warren

November 2010 saw an increase in sales for the month! Fifteen sales closed from Government Camp, Welches, Brightwood, and Rhododendron. Mt. Hood real estate sales are picking up and this month proves it.

Here are the fifteen sales in November direct from multiple listing. SEVEN of these sales were bank owned properties including two Collins Lake Condos in Government Camp.

Mt. Hood Real Estate sales for November 2010

Mt. Hood Area Real Estate Sales for November 2010

by Liz Warren

Information has just been released for November 2010 sales in the Mt. Hood area including Welches, Brightwood, Government Camp and Rhododendron. Below are the numbers straight out of our local multiple listing service.


Mt. Hood Area Chart of activity for November 2010

Comparing the same month, November 2009, pending sales are down 35%. This is comparing the forth quarter of the year when the GNP was over 5%. What a difference a year makes.

Morning Coffee

by Liz Warren
Monday Morning Coffee


Today's true story is all the inspiration you will need!

Small World!

The brand new pastor and his wife, newly assigned to their first ministry to reopen a church in urban Brooklyn, arrived in early October excited about their opportunities. When they saw their church, it was very run down and needed much work. They set a goal to have everything done in time to have their first service on Christmas Eve.

They worked hard, repairing pews, plastering walls, painting, etc. and on Dec. 18 were ahead of schedule and just about finished. On Dec 19 a terrible tempest - a driving rainstorm - hit the area and lasted for two days. On the 21st, the pastor went over to the church.

His heart sunk when he saw that the roof had leaked, causing a large area of plaster about 6 feet by 8 feet to fall off the front wall of the sanctuary just behind the pulpit, beginning about head high.

The pastor cleaned up the mess on the floor, and not knowing what else to do but postpone the Christmas Eve service, headed home. On the way he noticed that a local business was having a flea market type sale for charity so he stopped in.

One of the items was a beautiful, hand-made, ivory colored, crochet table cloth with exquisite work, fine colors and a cross embroidered right in the center. It was just the right size to cover up the hole in the front wall. He bought it and headed back to the church.

By this time it had started to snow. An older woman running from the opposite direction was trying to catch the bus. She missed it. The pastor invited her to wait in the warm church for the next bus 45 minutes later. She sat in a pew and paid no attention to the pastor while he got a ladder, hangers etc. to put up the tablecloth as a wall tapestry. The pastor could hardly believe how beautiful it looked and it covered up the entire problem area.

Then he noticed the woman walking down the center aisle. Her face was like a sheet. "Pastor," she asked, "Where did you get that tablecloth?" The pastor explained. The woman asked him to check the lower right corner to see if the initials EBG were crocheted into it there. They were. These were the initials of the woman, and she had made this tablecloth 35 years before, in Austria.

The woman could hardly believe it as the pastor told how he had just gotten the tablecloth. The woman explained that before the war she and her husband were well-to-do people in Austria. When the Nazis came, she was forced to leave. Her husband was going to follow her the next week. She was captured, sent to prison and never saw her husband or her home again.

The pastor wanted to give her the tablecloth; but she made the pastor keep it for the church. The pastor insisted on driving her home - that was the least he could do. She lived on the other side of Staten Island and was only in Brooklyn for the day for a housecleaning job.

What a wonderful service they had on Christmas Eve. The church was almost full. The music and the spirit were great. At the end of the service, the pastor and his wife greeted everyone at the door and many said that they would return. One older man, whom the pastor recognized from the neighborhood, continued to sit in one of the pews and stare, and the pastor wondered why he wasn't leaving. The man asked him where he got the tablecloth on the front wall because it was identical to the one that his wife had made years ago when they lived in Austria before the war and how could there be two tablecloths so much alike?

He told the pastor how the Nazis came, how he forced his wife to flee for her safety, and he was supposed to follow her, but he was arrested and put in a concentration camp. He never saw his wife or his home again for all the 35 years in between.

The pastor asked him if he would allow him to take him for a little ride. They drove to Staten Island to the same house where the pastor had taken the woman three days earlier. He helped the man climb the three flights of stairs to the woman's apartment, knocked on the door, and saw the greatest Christmas reunion he could ever imagine.

A true story

FHA has replaced Freddie and Fannie

by Liz Warren

Here is a new head scratcher direct from the Feds.

First the info:

Since the Feds took over Freddie and Fannie they have been limited to only lending on high quality mortgages. This should reduce "future" losses. BUT

The Fed has since shifted their high risk mortgages over to FHA  and two other government programs.

Did you know that 60 percent of home purchase loans now have down payments of less than 5 percent, compared to 40 percent at the height of the bubble?

In 1990 FHA had about 4%of loans with less than a 3% down payment. In 2008 44%of their loans had less than a 3% down payment.

Pre 1990 policy required 10 to 20% down payments to purchase homes. You had to have good credit and low debt to income ratios. HUD policy loosened lending creating the wonderful bubble we just experienced.

Despite the governments recent regulation of the financial industry, they seemed to have overlooked their own backyard. Will current HUD policies create the next bubble with their lending practices?

I just don't get it!

Here is an article asking these same questions from the Journal of American Enterprise Institute.

Displaying blog entries 1-10 of 18




Contact Information

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