Real Estate Information Archive

Blog

Displaying blog entries 251-260 of 360

Mt. Hood Real Estate Multiple Listing Numbers are in for June 2011

Sunday, July 17, 2011
by Liz Warren

The multiple listing service just came out with the Mt. Hood area statistics for June. This is for sales including Government Camp, Welches, Rhododendron and Brightwood. Number of sales were substantially up to eleven sales! Total sales since the beginning of the year hit 39.

mt hood real estate sales

Summer has finally arrived and many sellers have placed their properties on the market for the prime summer season. Incredible deals are available with many motivated sellers. It's the perfect time to purchase while interest rates are low making homes more affordable. This could be a once in a generation opportunity according to CBS Money Watch.

Mt. Hood Time to Buy Real Estate

Add Comment

Mt. Hood Foreclosures on the Market for July 2011

Saturday, July 16, 2011
by

Looking for a foreclosure to purchase in Government Camp, Welches, Brightwood, or Rhododendron? Here are today's offerings on the market:

Three condos are on the market with two in the Government Camp Collins Lake complex and one in the Fairway Estates units at the Resort at the Mountain.

Mt. Hood Foreclosures

Add Comment

Mt. Hood Real Estate Sales

Thursday, June 16, 2011
by Liz Warren

Market activity for the month of May has been reported to multiple listing service for Government Camp, Welches, Rhododendron and Brightwood. A total of four sales for the month of May.

Mt. Hood Real Estate Sales for May 2011

 

From the numbers above you can see year to date, pending sales are down nearly 24% from the year before. This makes for a very competitive marketplace for sellers. Buyers can pick and choose to their hearts content. It's the perfect time to buy while rates and down and costs are low for buyers. Even if prices go down further, this is the best time to purchase while the cost of borrowing is low.

Add Comment

Mt. Hood Real Estate Sales for May 2011

Sunday, June 5, 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

Add Comment

Mt. Hood Market Action for April 2011

Thursday, May 19, 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

Add Comment

Mt. Hood Real Estate Sales for April 2011

Thursday, May 19, 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

Add Comment

Welches Laundromat For Sale

Thursday, May 19, 2011
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
Add Comment

Foreclosures and Shortsales in Today's Market

Thursday, May 5, 2011
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.

Add Comment

Mt. Hood Real Estate Sales for March 2011

Saturday, April 16, 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

Add Comment

Mt. Hood Market Action for March 2011

Saturday, April 16, 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!

Add Comment

Displaying blog entries 251-260 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