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Here's a brief update on the market statistics from multiple listings service on the mountain activity. Fifteen residential sales and one Condo unit sold for a total of 16 sales. Pending sales are down 44% from 2006!

 

LOG HOME IN SANDY WITH ACREAGE!! $525,000!!

by Liz Warren

 

Ever dream of living in a log home? This charming log home sits in a peaceful, quiet location in Sandy on 3.29 creekfront acres. It's a highly desireable neighborhood that is close in yet a country feel. The setting is parklike with a huge lawn area and lots of trees with a short path down to the year round "kid friendly" creek. Four spacious bedrooms gives plenty of room to spread out. The covered porch entry is charming. High vaulted ceilings and a brand new skylight make the living room a favorite place to lounge. Hardwood floors and a gourmet kitchen that's open to the dining room area make this a great place for entertaining or just visiting with friends and family as you make some homecooked meals.

There's lots to do at this property! Send the kids out to play on the lawn, have tea parties in the playhouse, climb trees or explore the woods by the creek. This is a paradise for youngsters! The home is located at the beginning of a dead end paved road with little traffic....another great benefit of this location.

If you like to build or have hobbies, you are going to love the shop area in the bottom level of the home. Cement floor with tons of room to work

Take a tour of this home to see all of the amenities it has to offer:   http://www.visualtour.com/show.asp?T=1079642

The Buck Stops Here

by Liz Warren

 

The amount of wildlife you see in Welches on a daily basis is pretty amazing. This buck stopped here:

:

Then a tiny fawn came by a little later.

Slowing Market This Summer?

by Liz Warren

     

The factors in play which may impact our summer selling season are listed below. The greatest impact locally will be the interest rates and the tightening lending standards. Well be keeping a close eye on the Portland market as this is reflected in our local market especially the second home market sales. Inventories are expanding rapidly for a summer of sales.

  • Interest rates have shot up in the past three weeks over a quarter of a point and could go higher!.

     

  • Lenders are tightening their underwriting standards. Some say this has slowed sales by at least 5%. We don't know the full effect yet but there's more to come. The Homeowner's Act of Oregon could have an impact on our state market! 

     

  • Inflation is somewhat stable but what about FOOD and ENERGY prices!!! Yikes. I need to sell a house just to fill my gas tank each week. 

     

  • Investors have left the "price sensitive" housing market and moved back in to the stock market with the DOW reaching record highs.

  • Housing deflation? So far it has hit the big "bubble markets" of metro areas like California and Florida. It could filter down to other areas too.

  • Builder sentiment is at a 16 year low so new construction will drastically slow.

Over 55 Community

by Liz Warren

Fabulous new home on the market in Over 55 Community with lots of bonus items. Over sized lot with an immaculate three bedroom, two bath home. Vaulted ceilings and a huge kitchen, fireplace, eating bar..and the list goes on. Men will love the oversized two car garage wtih 8 foot doors. Bonus covered deck, covered patio and a view of Hunchback Mountain. You can even walk to the 27 hold golf course or up to the store for groceries.

 

 

Displaying blog entries 1-5 of 5

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