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Mt. Hood Ski Cabin

Saturday, August 20, 2016
by Liz Warren

Affordable ski cabin only five minutes to slopes in the Mt. Hood National Forest. Get out of weekend traffic and enjoy this Zig Zag Waterfront cabin close to Government Camp! Family owned since the 1950's, its time to pass the torch to a new owner! Updated septic system, gated driveway, sturdy and well build forest cabin right on the Zig Zag River. Open floor plan with a big brick fireplace to warm up after skiing! Huge loft with tons of beds! Could be converted into two bedrooms. 

Located in the Mt. Hood National Forest on leased land, this pristine setting can't be beat! Just steps to the Zig Zag River too.  Asking $145,000

Mt. Hood National Forest Cabin on the Zig Zag River   Mt. Hood Ski Cabin near Government Camp


National Forest Cabin on Mt. Hood

Road 35 Lot 133 Government Camp

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June 2016 Sales Numbers from RMLS for Mt. Hood

Saturday, July 16, 2016
by Liz Warren

The latest RMLS sales statistics are in for the Mt. Hood area. Numbers are showing fifteen closed sales for the month of June, 2016. Activity is at a booming pace right now with occasional multiple offers depending on the property or price range.

BIGGEST CHALLENGE right now for financed properties: APPRAISALS. Lenders are having a nearly impossible time getting appraisers to come to the mountain and complete appraisals. The pace and appraisal business in Portland is in so much in demand that coming to Mt. Hood is frequently turned down for easier jobs closer to the urban core. Count on a good 30 days before you'll see an appraisal for a bank loan and that may not include the "due time" back to the lender-an additional 7-10 days. 

Delayed closings are becoming the norm for our area and that is brutal for buyers moving from far away and sellers timing their new purchase and move. I receive multiple calls in a week from mortgage brokers, banks and AMC's (Appraisal Management Companies) begging for names of appraisers. Welcome to the Mt. Hood summer market!

Mt. Hood real estate sales for the month of July 2016

 

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Investment and Vacation Home Buyers 2016 for Mt. Hood

Saturday, April 30, 2016
by Liz Warren

Investment and Vacation Home Buyers

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Mt. Hood Area Distressed Sales

Monday, April 25, 2016
by Liz Warren

You may think foreclosures and short sales have gone to the wayside in today's active market but surprisingly, although fewer are on the market these days, there are a few here and there. Take a look at the Portland metro market area. Nearly 11% of first quarter closed sales in Portland metro were either bank owned or short sales. 

Distressed Sales for Portland Metro for First Quarter 2016

The Mt. Hood area also has a few short sales and foreclosures in the market. Here is activity for Government Camp, Welches, Rhododendron and Brightwood for the first quarter foreclosures only.

2016 Mt. Hood Foreclosures for sale, pending and closed

Short sales are listed below for the first quarter on the mountain.

Mt. Hood short sales for first quarter 2016

 

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February 2016 Sales on Mt. Hood

Sunday, March 20, 2016
by Liz Warren

 

February saw eight closed sales  for 2016. Two mobile homes at Mt. Hood RV Village, two Government Camp condos at Collins Lake and one Shadow Hawk Condo in Welches rounded out the month. Twenty six sales are pending so I suspect the numbers to increase substantially for March and April. Spring is in the air and sellers are tidying up their properties to bring to market. All indicators are pointing to  a busy year for the Mt. Hood market. 

Real Estate Sales on Mt. Hood for February 2016

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February Market Stats from RMLS o the Mt. Hood Area

Saturday, March 12, 2016
by Liz Warren

Here are the numbers for February 2016 sales and listings recently released from RMLS. Inventory increased by 23 properties for the month and pending sales were up a whopping 77.8% compared to the same time in 2015. This shows buyers are out early this year with minimal properties available and increased demand. The market time is reduced for this past month down to 73 days. Since the start of the year pending sales are up 45% from last year. Homes under $250,000 are seeing bidding wars.

One challenge for today's conventional home sales are getting appraisers to come to our area. Since we are not a cookie cutter community of homes many appraisers find the mountain more work, charge higher fees, and some turn down the jobs completely delaying the process. Getting to the thick of spring and summer hopefully will not delay our closings because of this but it potentially could. 

    Mt. Hood Real estate sales for Februrary 2016

 

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Fishing On Mt. Hood

Saturday, March 5, 2016
by Liz Warren

Are you ready to do some fishing on Mt. Hood or in Oregon? The Mt. Hood area has some beautiful rivers, creeks and mountain lakes from the well known Salmon and Sandy Rivers to Trillium, Timothy and Lost Lake. If your up in our area there's always the Fly Fishing Shop in Welches that has supplies, lots of info and guides for hire.  For kids there's the Rainbow Trout Farm on the East side of Sandy. Lots of great fishing in the Mt. Hood National Forest too!

If you're  looking for a handy guide to find a certain type of fish and where you can find them, the Mt. Hood Territory recently posted this handy guide for fishing in the Northwest. Find your favorite fish on the list and the location will pop up! FISH ON!

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Mt. Hood Real Estate Sales for January 2016

Monday, February 22, 2016
by Liz Warren

January 2016 saw a slight decrease in the record breaking 2015. Thirteen sales closed for the first month of this year. Several condos were sold and two forest service cabins. The balance of the properties were scattered here and there throughout the area. 

 

       Mt. Hood Real Estate sales for January 2016

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Mt. Hood Real Estate Sales Summery for 2015

Thursday, February 4, 2016
by Liz Warren

2015 was a great year for home sales in the Mt. Hood area. Compared to 2014 sales were slightly up. 193 sales in 2014 and in 2015:  204. Here is a brief summary of the comparison of both years:

                            2014                     2015  

 

sales                         193                          204

forest cabins               27                            30

condos                        27                            19

Govy   Condo               23                            10

Welches   condo           4                              9

Govy homes               16                              4

Bank Owned               16                            13

Short Sale                     3                              0

Land                            13                             25

Government Camp really slowed down in 2015 compared to 2014. Over a 50% drop in condo sales and a 75% dip in home sales. That second home market took a big dive but that could have all been snow driven due to a pathetic ski year. 

One big surprise was the increase in land sales nearly doubling last year. Finally some new construction will be in the works and considering there isn’t that much land in our area available this is good news for the market. 

All indicators are that 2016 will be an excellent year again for mountain sales. With Oregon as the hot spot in the United States for the third year in a row we expect more folks to head to Mt. Hood to live full time and to pick up their second homes to get relief from PDX congestion!

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Twenty One Sales In December 2015

Tuesday, January 26, 2016
by Liz Warren

The close of 2015 produced 21 closed sales for the month. Surprisingly, three of those sales were bank owned properties. The mountain had 13 bank owned properties sell in 2015 which was down from 16 for 2014. Three Timberline Rim properties, a popular subdivision along the Sandy River, changed hands. 

Inventory is down in all pricing points right now and many sellers are getting their properties ready for the 2016. State regulations and lender financing requirements make preparation a must to get a property prepared to go on the market. Getting any repairs completed prior to going on the market is a great idea because finding a contractor during summer months is nearly impossible causing delays for closing. 

Here are the 21 sales that closed in December:


Mt. Hood Real Estate Sales for December 2015

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