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New COVID-19 Eviction Law
This information is straight from the Oregon Realtor Association Website:
HB 4401: Oregon’s New COVID-19 Eviction Law Summary and FAQs
(January 1, 2021)
House Bill 4401, which was passed December 20, 2020, extends the eviction moratorium through June 2021 and creates a $150 million compensation fund for rental property owners, as well as another $50 million for a tenant fund to be used for rent. The owner compensation fund will be available to any rental property owner who is owed back rent, though it will require forgiving 20% of the rental debt.
The bill will require tenants to sign a declaration that they have been impacted by COVID-19 in order to delay rental payments. If they do not sign, they may be evicted with 10 days’ notice.
Attention Mt Hood Landlords Concerning New Legislation on Eviction Moratorium
How to Win with Your Purchase in this Sellers Market on Mt. Hood
Winning as a Buyer in a Sellers’ Market
If you are buying in todays market on Mt. Hood with multiple offers on nearly every property that comes for sale between Government Camp to Brightwood, you'll need to have this information to make that purchase.
Some Highlights
- Buying a home in today’s sellers’ market doesn’t have to feel like an uphill battle.
- Here are four ways to make sure you’re positioned for success when making a home purchase, even when the scale tips toward sellers.
- Let's connect to make sure you're armed for victory in the housing market this season.
Mt. Hood Real Estate Sales for November 2020
Latest Mt.Hood sales statistics are out directly from the multiple listing service for November 2020. Twenty properties closed in November and this number should slow down over winter due to only eleven homes and condos currently for sale. The average sales price continues to creep up to $392,700 for the month. Average sales price change is nearly 10% over last year! Pending sales are down nearly 6% from last year. That's a surprise since we don't have any inventory I would think that number would be substantially higher.
As we head into our winter market. Demand is still skyrocketing with the greatest sellers market the mountain has ever seen.
Is Your Mt. Hood Vacation Home Gathering Dust
Vacation homes are selling quickly right now, with more people looking to work from home and get away at the same time. If you’re ready to sell your mountain rental, Call me to explore your options while the market’s hot on Mt. Hood! We ONLY have 10 properties for sale from Government Camp to Brightwood so now is the time to make TOP DOLLAR on your property.
Displaying blog entries 381-390 of 803
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