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Ok folks, if you are an info junkie you will enjoy the University of Portland's quarterly report for real estate. Hit the link below to download the report by pdf file.  It includes quite a bit of info on the Oregon economy,  Not only does this report cover residential and commercial properties, it comments on the apartment market and downtown condos. No, it is not specific to the mountain market but....since many of our sales are second homes the general implications are broader and ripple out to the second home market.

www.mthoodarearealestate.com/agent_files/portland state/portland state university center for real estate.pdf

 

What's Selling on the Mountain?

by Liz Warren

The summer selling season has started a bit slower this year. Kick off typically surfaces right around the 4th of July but things are different this year with fewer pending sales and less inquiries for properties.

The past six and a half months leave 18 pending sales still not closed at this point in the year. Of that 18, around 12 sales pending are under the $300,000 range. Last month's market statistics showed a 44% decrease in sales from a year ago May. I anticipate this number will increase after June's numbers come out to press.

Last year when other areas of the country were singing the blues the Northwest held steady in sales. I am finding we are finally feeling what the rest of the country has been experiencing, although not as severe, but a year later.

Increased inventory, great interest rates and motivated sellers make for a great playing ground to purchase right now!

Here's a brief update on the market statistics from multiple listings service on the mountain activity. Fifteen residential sales and one Condo unit sold for a total of 16 sales. Pending sales are down 44% from 2006!

 

LOG HOME IN SANDY WITH ACREAGE!! $525,000!!

by Liz Warren

 

Ever dream of living in a log home? This charming log home sits in a peaceful, quiet location in Sandy on 3.29 creekfront acres. It's a highly desireable neighborhood that is close in yet a country feel. The setting is parklike with a huge lawn area and lots of trees with a short path down to the year round "kid friendly" creek. Four spacious bedrooms gives plenty of room to spread out. The covered porch entry is charming. High vaulted ceilings and a brand new skylight make the living room a favorite place to lounge. Hardwood floors and a gourmet kitchen that's open to the dining room area make this a great place for entertaining or just visiting with friends and family as you make some homecooked meals.

There's lots to do at this property! Send the kids out to play on the lawn, have tea parties in the playhouse, climb trees or explore the woods by the creek. This is a paradise for youngsters! The home is located at the beginning of a dead end paved road with little traffic....another great benefit of this location.

If you like to build or have hobbies, you are going to love the shop area in the bottom level of the home. Cement floor with tons of room to work

Take a tour of this home to see all of the amenities it has to offer:   http://www.visualtour.com/show.asp?T=1079642

The Buck Stops Here

by Liz Warren

 

The amount of wildlife you see in Welches on a daily basis is pretty amazing. This buck stopped here:

:

Then a tiny fawn came by a little later.

Free Folk and Bluegrass Music Concerts This Summer!

by Liz Warren

Music is coming your way this summer up at Timberline Lodge. Details are listed below and keep in mind, it's weather permitting!

Timberline Rim Lot, New on Market at $84,950

by Liz Warren

Hard to find buildable lot on Alpine Way in Timberline Rim. Sewer and water are available for hook-up. Amenities include pool, tennis courts, common areas, Sandy river access, management and more. Association fee only $175.00 per year. Level and easy to build on!

 

Mt. Hood Forest Service Cabins Flying Off the Shelf!

by Liz Warren

Tax time is over and buyers for Mt. Hood forest service cabins are out and searching. Pent up demand and minimal cabin supply has caused multiple bidding on many cabins which hit the market.

In this competitive market it is important, if you're looking to buy, to have an agent who can instantly put you in touch with what hits the market. I offer this service for instant emails so if this is something you'd like to receive, give me a call.

Two of the last four cabins that became available had multiple offers within days. Prices end up over list. Inventory has never been so light for Mt. Hood cabins.

Why are cabins in such high demand? The settings are spectacular! Pristine forests with mountain rivers and streams are the perfect destressor for a hectic city life. Where else can you drive one hour away, a big bonus with rising gas prices, and experience the outdoors with the Mt. Hood National Forest as your playgound?

 

Camp Creek 1940's Cabin New on Market

by Liz Warren

 

CAMP CREEK CABIN 1940'S ORIGINAL

This charmer sits in the Mt. Hood National Forest on leased land. Tall firs and Camp Creek make this the greatest setting for this cabin. Paned windows, a floor to ceiling fireplace, wood floors and all wood takes you  back in time.

Only minutes to ski areas or the Mt. Hood National Forest is filled with hiking trails, rivers and creeks!

Take a tour of this great cabin here:

http://www.visualtour.com/show.asp?T=981979

 

Displaying blog entries 21-30 of 39

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Liz Warren
Merit Properties Group - Keller Williams Realty PDX Central
Box 131
Welches OR 97067
Direct: 503-705-3090