Mt. Hood 2009 May Sales Numbers
Saturday, June 13, 2009
The recent market action from multiple listing service is out and here are the numbers:
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When to Buy a Home on Mt. Hood
Wednesday, May 27, 2009
When is the perfect time to purchase on Mt. Hood? Well opportunity is knocking on your door RIGHT NOW! Check out today's market cycle. Many people purchased in 2005 and 2006 at the top of the cycle but now we are in the low risk segment. We have plenty of properties to choose from, interest rates that are the lowest in decades, and anxious sellers. The combinations couldn't be better to make that investment now!
Mt. Hood Real Estate Sales in March
Wednesday, April 15, 2009
The numbers were just released today in the multiple listing market stats for the month of March. There were a total of four closed sales for March. Heres how the numbers in the report look:
Days on market are hitting an average of 138 days but more importantly, pending sales, year to date, are down around 55%. As inventory increases with more motivated sellers who need to sell we may see even more prices softening than we've seen.
States Where Prices Are Up Nationally
Saturday, March 28, 2009
There are a handful of states where prices are up from 2007 to 2008 according to First American Corelogic, a mortgage data company:
These states are:
West Virginia-4.2%
Texas - 3.6 %
South Dakota – 3.6 %
Montana – 2.6 %
Mississippi – 1.7 %
Utah - 1.5 %
New Mexico - 1.3 %
Home prices during the same time frame dropped in 70% of states.
New and Existing Home Sale Numbers
Tuesday, March 24, 2009
Take a look at this information to see NAR, the National Association of Realtors, info based upon the Bureau of Census, and their predictions for home sales through the end of the year and into 2010
Mt. Hood Sales for February 2009
Saturday, March 14, 2009
The Portland RMLS recently released sales information for February 2009. Here are the numbers:
Increasing inventory with 56 new listings on the market since January and 22 new on market in February alone. Closed sales at six shows an increasingly competitive market with not as many buyers active. Pending sales are down 61.5% comparing this same time from last year.
There's no doubt that increased unemployment, increased savings and the virtual disappearance of around 45-50% of individuals savings and wealth are having an impact on real estate.
There have been no sales of land, mutilfamily, or commercial properties since January.
Some sellers are making the price adjustments needed to compete and get their properties sold. It is shocking for many sellers to see what comparable properties are selling for as home equities rapidly shrink to adjust to this current economy.
January Sales Figures Are In!
Monday, February 16, 2009
The market action statistics for the Mt. Hood area in multiple listing service just came out for the month of January 2009. Take a look at the numbers:
There were a total of six sales in the month of January. Pending sales are at five currently. Four of these are homes and one is land. There were no land sales or commercial sales in January.
Here are the six sales in January:
These sales included one forest service cabin in the Mt. Hood National Forest and one Government Camp Condo at Eidelweiss. The balance were scattered throughout the lower cascade area, mostly in Rhododendron.
Currently pending sales show five in the bucket. Lets hope the stimulus plan with the up to $8,000 tax credit with "no payback" will spur this market into orbit with these incredible interest rates!
Government Camp Condo Sales
Saturday, January 31, 2009
Many condos have hit the market in Government Camp with a total of twenty one currently for sale. This is a lavish amount of inventory to choose from! The majority offered are in the Collins Lake complex. This was the flagship project that spurred the Government Camp revitalization project into orbit and offered a massive amount of pent up demand for Government Camp affordable and "easy to use" units. Prior to this project there was few single family homes for sale and minimal condos on the market in Barlow Pass West, Edelweiss, Golden Poles, Thunderhead and Sno Bird Village. These were all small scale units compared to the newer Collins Lake project.
Multiple listing service of Portland shows one sale over the past three months for Condo units. This one was in Edelweiss in the heart of Government Camp and sold for $310,000.
If a condo is on your to do list this year, it's an excellent time to take advantage of low interest rates!
Government Camp Alpenglade Home
Monday, January 26, 2009
Opportunity knocks in this ski mecca of Government Camp. An Alpenglade home just hit the market! Located in one of the most sought after subdivisions in Government Camp, this is a rare opportunity to purchase in the heart of ski country ony 75 minutes from Portland!
This is a great home with a super floor plan for a vacation home. There's three bedrooms, two baths, and a huge family room downstairs. High vaulted ceilings are in the main living room area with an open living room, dining room and kitchen. A huge woodstove sits in a tiled hearth to warm the toes after a big day skiing.
A laundry room sits off the kitchen and the master is on the main floor! Walk upstairs for two additional bedrooms and a bath. The slider off the main living area takes you to a massive deck for summertime barbeques. What a location! The back side of the property borders Mt. Hood National Forest and the South side of the lot has common area with a creek. Across the street is more common area too.
Fully plowed in the winter time, the roads are easy to navigate and there are parking areas for your guests. The home has an attached oversized single car garage too.
There are three major ski areas close to Government Camp. Forget that weekend drive back and forth from Portland. This is the perfect landing spot for year round recreation!
$460,000
Hackett Creek Cabin
Sunday, January 18, 2009
Here is a little gem in the woods on Hackett Creek! Originally built in 1928 it has been refurbished and now is a nightly vacation rental. Warm wood walls and floors with vaulted ceilings make this a big favorite because of it's mountain charm and its wonderful location on Hackett Creek.
Sit on your private deck and watch the fish swim by or enjoy the tall firs and cedars from your windows. The fireplace has a toe warming propane insert. Pull up your chair and bring out your favorite weekend book!
Two bedrooms are upstairs plus a mini kids loft off of one bedroom. A full equiped kitchen complete with a built in bench for eating is a great bonus.
I love the french doors that open up to the deck! The bathroom is large for a cabin of this age. It even has a washer and dryer. The cabin sits on a third of an acre and has a shared well with the neighbor and is on septic.
Take a tour of the cabin here.
The location is in Rhododendron. It's only one hour from Portland and 20 minutes to the nearest ski areas. If you love to hike, you have the entire Mt. Hood National Forest near by.
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