Real Estate Information Archive

Blog

Displaying blog entries 191-200 of 360

Mountain Closings Down for June 2013!

Saturday, July 13, 2013
by Liz Warren

It came as a complete surprise when June 2013 sales info came out this week. Only five properties went to closing for the month according to RMLS statistics. July numbers will certainly make up for the slow down with 25 sales currently pending. The jump in interest rates slowed applications for mortgages according to lenders but I wouldn't exactly say that is reflected in our current pending sales information. We expect the surge in inventory to keep prices very affordable as many second home sellers have been waiting for an improving market.

June 2013 sales for Mt. Hood

Add Comment

Eleven Sales for April 2013

Tuesday, May 21, 2013
by Liz Warren

RMLS reported a total of nine sales for April but two more have since been added to RMLS totaling eleven sales. Three of this month's sales were foreclosures and one short sale. Foreclosures in the area are tapering off and short sales increasing. Lengthy closings are status quo for any short sale these days.

April 2013 mt. Hood Sales

April 2013 Mt. Hood Sales

Add Comment

April Sales on Mt. Hood for 2013

Monday, May 20, 2013
by Liz Warren

April 2013 stats are out in RMLS showing the trend of number of sales is still booming along. There's plenty of inventory to purchase with no short supply and buyers are snatching up homes and cabins. This past month saw a splurge of new inventory hitting the market increasing the number available by nearly a third. Of the nine sales which close that month the marketing time hit 282 days. Inventory that has been on the market a while is finally clearing out. May looks to be a continuation of the trends we are seeing.

 

Mt. Hood sales April 2013

Add Comment

March Sales in Like a Lion

Sunday, April 28, 2013
by Liz Warren

Nationally we are hearing of improving markets in most metro areas. The mountain has seen an increase in number of sales again with fifteen properties closing in March! This bodes good news for 2013. The month saw four forest service cabin sales in the Mt. Hood National Forest, three homes in Timberline Rim with two of the three being forecloses. Remaining sales were spread throughout the area from Sleepy Hollow on up to Meldrum Street in Government Camp. Current pending sales sit at 23 so we expect high numbers for the final April and May too.

 

Mt. Hood sales for March 2013

Add Comment

Distressed Sales for Mt. Hood Area

Monday, April 22, 2013
by Liz Warren

Resent numbers for distressed properties were just released by multiple listing for the Portland Metro area graphed below. Although the numbers are shrinking and down from 35% or so from a year ago, the total sold  homes are still around 22% of the market for bank owned and short sales. The first quarter of 2013 on the mountain saw 28 sales with only three bank owned properties in the mix. Bank Owned Properties for sale on Mt. Hood.

Portland Metro distressed properties for first quarter

Add Comment

Market Numbers for March 2013

Saturday, April 13, 2013
by Liz Warren

Wow, there was a lot of money flying around in March on the mountain. By the end of the month a total of 28 sales had closed since January 1st and 15 of those sales closed in March, more than half of the year totals. Six of those sales went pending in March and closed. All of those sales were cash and four on leased land in the Mt. Hood National Forest.

            Mt. Hood march sales for 2013

 

This is a surprise because the total market time for the homes that sold was 365 days. How could this be? Well our data base is quite small so things get a bit skewed in the numbers. One property at 25488 E CEDAR GLEN LOOP had a cumulative marketing time of 1412 days.... yes that is FOUR years on the market!

There is plenty of inventory on the market on Mt. Hood and we expect an active year.

Add Comment

Eight Sales for Mt. Hood Real Estate in February 2013

Friday, March 15, 2013
by Liz Warren

 

It's good news for sales on Mt. Hood with eight sales closing in the month of February and they are all over the board from full time residential to Government Camp vacation homes and leased land cabins. Buyers are flocking to Mt. Hood to pick up that perfect getaway and future retirement home! This bodes well for a huge buying and selling season for 2013. Buyers and sellers need to get going before rates begin to creep up towards the end of the year.

Mt. Hood February 2013 sales

Add Comment

February 2013 Mt. Hood Sales Numbers are In for the Mt. Hood Area

Thursday, March 14, 2013
by Liz Warren

The Mt. Hood Real Estate sales numbers are in for February 2013. Eight closed sales total for the month. There's no doubt that 2013 will be a fantastic year for buyers and sellers on Mt. Hood. Inventory is starting to increase for the spring and summer selling season. Sixty degree days don't slow things down on the mountain! And, take a look at the days on market for the eight properties that have sold: A WHOPPING 504 days to sell. Yikes, indicates inventory is moving that has been around a while.

Sales chart for Mt. Hood multiple listing sales for February 2013

 

Add Comment

Mt. Hood Area Average and Median Sales Price over the Years

Saturday, March 9, 2013
by Liz Warren

Mt. Hood Average and Median Sales Price

Add Comment

Lighter Sales in January 2013

Saturday, February 16, 2013
by Liz Warren

Four closed sales for January 2013. This reminds me of the beginning of 2012! Two riverfront properties closed this past month. One small cabin like property and a very large home on over an acre of land.  

Mt. Hood Real Estate Sales for 2013

Add Comment

Displaying blog entries 191-200 of 360

Syndication

Categories

Archives

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
Send an Email