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Displaying blog entries 251-260 of 357

Mt. Hood Real Estate Sales for May 2011

by Liz Warren

The numbers are in for the month of May 2011 for all Mt. Hood sales. We had a total of four properties close last month. Two were foreclosures. News sources, and NAR have told us sales were down all across the US in April and May's results too are weak. They are particularly down when compared to last year's spring when the first time home buyer credit was winding down.

Here are the sales. The second and third sales are foreclosures.

Four Sales for Mt. Hood Area in May 2011

Mt. Hood Market Action for April 2011

by Liz Warren

The multiple listing service has just come out with the market stats year to date for area 153 comprised of Government Camp, Welches, Rhododendron, and Brightwood. Pending sales were down nearly 50% compared to this same month last year. Year to date we are down just over 25%. Sales might be down due to the artificial stimulus of the first time home buyer credit from last year. This pushed many buyers forward into the year creating a void of buying over the summer months.

Oddly enough I would think buyers would be rushing in to take advantage of these interest rates and the high level of selection currently available on the market.

 

Mt. Hood Market Action for April 2011

Mt. Hood Real Estate Sales for April 2011

by Liz Warren

Total sales for April 2011 in the mountain market frorm Government Camp, Rhododendron, Welches, and Brightwood totalled five this past month. These April sales included two foreclosures, two waterfront properties and one Timberline Rim home.

 

Mt. Hood April 2011 Real Estate Sales

Welches Laundromat For Sale

by Liz Warren

Opportunity knocks for great thriving business opportunity in Welches! The Welches laundromat is for sale. This business has been up and running for decades and is the only landromat in the area! All equipment is included. Great location! Asking $54,950

Play VisualTour

Foreclosures and Shortsales in Today's Market

by Liz Warren

Tracking distressed sales on the mountain in the area from Government Camp to Brightwood shows that short sales and foreclosures make up 40-50% of our area sales over the past several months on average. Nationally, these numbers match. Here is a chart showing the short sales and foreclosure movement.

Mt. Hood Real Estate Sales for March 2011

by Liz Warren

March fell short of the prior two months in total sales on the mountain. Five sales were closed this past month and all were distressed. Two of the sales were FHA financed, two cash and one conventional mortgage.

Mt. Hood March Sales for 2011

Mt. Hood Market Action for March 2011

by Liz Warren

The RMLS has just released the "market action" for our mountain area for Government Camp, Welches, Brightwood and Rhododendron listings and sales. This chart compares sales, listings and compares last year from this year at the same benchmark time.

Mt. Hood March Action for 2011

Two numbers jump out at me in the stats. One is the increased marketing time for a sale and secondly the pending sale numbers down nearly 50%. We have historically low interest rates, excellent affordability levels yet buyers are not coming in to swoop up the deals. Some of the biggest names in real estate are saying this is the best time to buy property that we will see in our lifetimes. I'm speaking of Donald Trump, Barbara Corcoran, and John Paulson (who predicted the housing bubble).

Buyers should be jumping in and taking advantage of this time before interest rates creap up. Predictions are that they will hit 5.4-5.7% by the fourth quarter!

Mt. Hood Area Foreclosures

by Liz Warren

Weekend shoppers will love today's foreclosures in the Mt. Hood area located in Government Camp, Welches, Brightwood, Rhododendron!

Take advantage of 25 to 40% discounts by purchasing a foreclosure!

Mt. Hood Foreclosures april 2011

March Madness for Sales on Mt. Hood?

by Liz Warren

Here are all the recent sales for Februrary 2011. Half of these sales are foreclosures and the other half, arms length transactions. General activity seems a bit slower this month so March numbers will be interesting to see. This is a premium time to purchase with rates still low. The Fed is talking about raising rates which will impact buyer purchasing power. Take advantage of these incredible rates now!

Mt. Hood Sales for Februrary 2011

Mt. Hood Area Sales for February 2011

by Liz Warren

Numbers are in from the multiple listing service for Februrary sales 2011 for Government Camp, Rhododendron, Welches and Brightwood.

Mt. Hood Real estate sales for Februrary 2011

Sales are down compared to this time last year. Nationally, sales are also down. Marketing times are longer with an average between the eight sales at 205 days.

Displaying blog entries 251-260 of 357

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