What to Expect in the Mt. Hood Market in 2021
Wednesday, December 30, 2020
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Attention Mt Hood Landlords Concerning New Legislation on Eviction Moratorium
Tuesday, December 22, 2020
Clackmas County Vacation Rental Policies for Your Mt. Hood Vacation Rental
Friday, December 18, 2020
Here is the newest information on the Clackamas County policies for vacation rentals in unincorporated Clackamas County.
Good afternoon,
Yesterday the Clackamas County Board of County Commissioners took final action to officially allow short-term rentals in unincorporated Clackamas County, effective Jan. 17, 2021. This follows Board action on Nov. 25 to approve amendments to the County Code, including a registration program and regulations for short-term rentals, that are scheduled to go into effect July 1, 2021.
These actions took place after extensive public outreach, Planning Commission meetings and public hearings and Board public hearings. Links to the final approved language are available at www.clackamas.us/planning/str.
Questions about the new amendments may be directed to Principal Planner Martha Fritzie at [email protected] or Planning & Zoning, Development Services Building, 150 Beavercreek Road, Oregon City, OR 97045.
We’ll keep you posted about implementation of related regulations. Thank you and be well.
Ellen Rogalin, Community Relations Specialist
Clackamas County Public & Government Affairs
Transportation & Development | Business & Community Services
503-742-4274 | 150 Beavercreek Road, Oregon City, OR 97045
Office hours: 9 am – 6 pm, Monday-Friday
How to Win with Your Purchase in this Sellers Market on Mt. Hood
Saturday, December 12, 2020
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.
![Winning as a Buyer in a Sellers’ Market [INFOGRAPHIC] | MyKCM](https://files.mykcm.com/2020/12/08151044/20201211-MEM-1046x2448.png)
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
Saturday, December 12, 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
Thursday, December 10, 2020
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.
5 Tips for Making a Competive Offer on a Mt. Hood Property
Monday, November 30, 2020
When there's only 13 properties on the market on Mt. Hood you have to bring your "A" game to compete to purchase. Here are
5 Tips for Homebuyers Who Want to Make a Competitive Offer
Today’s real estate market has high buyer interest and low housing inventory. With so many buyers competing for a limited number of homes, it’s more important than ever to know the ins and outs of making a confident and competitive offer. Here are five keys to success for this important stage in the homebuying process.
1. Listen to Your Real Estate Agent
A recent article from Freddie Mac offers guidance on making an offer on a home in today’s market. Right off the bat, it points out how emotional this can be for buyers and why trusted professionals can help you stay focused on the most important things:
“Remember to let your homebuying team guide you on your journey, not your emotions. Their support and expertise will keep you from compromising on your must-haves and future financial stability.”
Your real estate professional should be your primary source for answers to the questions you have when you’re ready to make an offer.
2. Understand Your Finances
Having a complete understanding of your budget and how much house you can afford is essential. The best way to know this is to reach out to your lender to get pre-approved for a loan early in the homebuying process. Only 44% of today’s prospective homebuyers are planning to apply for pre-approval, so be sure to take this step so you stand out from the crowd. It shows sellers you’re a serious, qualified buyer and can give you a competitive edge if you enter a bidding war.
3. Be Ready to Move Quickly
According to the Realtors Confidence Index, published monthly by the National Association of Realtors (NAR), the average property being sold today is receiving more than three offers and is only on the market for a few weeks. These are both results of today’s competitive market, showing how important it is to stay agile and vigilant in your search. As soon as you find the right home for your needs, be prepared to work with your agent to submit an offer as quickly as possible.
4. Make a Fair Offer
It’s only natural to want the best deal you can get on a home. However, Freddie Mac also warns that submitting an offer that’s too low can lead sellers to doubt how serious you are as a buyer. Don’t submit an offer that will be tossed out as soon as it’s received. The expertise your agent brings to this part of the process will help you stay competitive:
“Your agent will work with you to make an informed offer based on the market value of the home, the condition of the home and recent home sale prices in the area.”
5. Be a Flexible Negotiator
After submitting an offer, the seller may accept it, reject it, or counter it with their own changes. In a competitive market, it’s important to stay nimble throughout the negotiation process. Your position can be strengthened with an offer that includes flexible move-in dates, a higher price, or minimal contingencies (conditions you set that the seller must meet for the purchase to be finalized). There are, however, certain contingencies you don’t want to forego. Freddie Mac explains:
“Resist the temptation to waive the inspection contingency, especially in a hot market or if the home is being sold ‘as-is’, which means the seller won’t pay for repairs. Without an inspection contingency, you could be stuck with a contract on a house you can’t afford to fix.”
Bottom Line
Today’s competitive market makes it more important than ever to make a strong offer on a home, and a trusted expert can help you rise to the top along the way.
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