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Mt. Hood January Real Estate Sales

Monday, February 17, 2014
by Liz Warren

Sales are out for January on the mountain. Considering we had tons of sun and accessibility was good, closed sales continued into January after an exceptional fourth quarter for 2013! Our pending sales are holding steady and up from last January. The total market time is still showing a high number of days reflecting that we are still working on older inventory that is moving. 

News stories abound on lack of inventory but the mountain still has plenty to choose from and we expect a robust year with new listings coming on the market as we head towards spring. Continued low rates make purchasing right now an exceptional time to buy a home. Most expert predict we will see a full percentage point increase by this time 2015. This could easily increase a payment by $200 per month!

 

         Mt. Hood Real Estate sales for January 2014 

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December Sales Take off in 2013

Tuesday, January 21, 2014
by Liz Warren

A fantastic year for real estate on Mt. Hood brought a strong finish for December with fifteen sales last month. Four forest service cabins closed and a couple with unbelievable prices under $60,000! Three manufactured homes changed hands, two condos-both in Fairway Estates at the Resort at the Mountain, and two Government Camp properties. 

Calls are coming in from sellers now gearing up for the 2014 selling season. It should prove to be another great year on the mountain with lots of bargains to be had and continued low interest rates. All predictions are that by the end of the year rates will be up an entire percent as the Feds continue to "TAPER" the pumping up of the economy. Now is the time to buy.

 

         Mt. Hood real estate Sales for December 2013

        Mt. Hood Real Estate sales

       Mt. Hood Real Estate Sales for December 2013

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Mt. Hood December Sales Soar

Friday, January 17, 2014
by Liz Warren

December sales rounded off the year with 15 closings for the month! This brought the mountain sales totals for 2013 up to 156 sales. We are happy to see these numbers after climbing out of the slow recovery on the mountain since the bubble times. 

Mt. Hood Real Estate Sales for December 2013

 

You can tell by December's numbers with pending sales up 180% from a year ago that things are improving in our area. Last December was a bit bleak compared to this year. Don't be deceived by the average sales price change of 13.7% for the mountain. Due to some higher end sales, mostly in Government Camp, this number is eschewed to make things a bit rosier than they are for Welches, Rhododendron and Brightwood. The lagging Government Camp market has seen some life in the embers and it's reflected in this chart.

January looks as promising as December. Despite the lack of snow, accessibility for showing homes is exceptionally good for this time of year and many buyers are out to make their purchase now before interest rates climb and purchasing power will be affected. Acting now before rates go up, which are predicted to be nearly a whole point by the 4th quarter would be a good move!

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Mountain Sales Statistics for the Month of November 2013

Sunday, December 22, 2013
by Liz Warren

November continued the pace of  high numbers of closed sales in the Mt. Hood area. Continued optimism about the economy and improving employment numbers has brought more buyers to the table this fall. Projected interest rate increases upon the horizon has also been a motivating factor for many buyers I've worked with. Year end numbers will be arriving after the first of the year to gain perspective on how this year has likely been the best in the past five!

 RMLS sales chart for November 2013

 

 

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November 2013 Sales for Mt. Hood Skyrocket this Fall

Saturday, December 14, 2013
by Liz Warren

November closings for 2013 continue to ROCK on the mountain with eighteen closed sales for the month! Government Camp sales really pushed numbers up with three Collins Lake Condos closing. Plus, three single family residential home sales at the higher end of the pricing point. Two of the three were in the Alpenglade subdivision hovering at the $700,000 mark and one was new construction in the subdivision on the Ski Bowl side of the hiway 26 called Tyrolean Meadows. This new construction home, built by the developer of Tyrolean Meadows closed at $630,000.

Three forest service cabins closed. Two of these cabins were under $50,000! These are unheard of prices that we haven't seen in decades. I'm not kidding. We haven't seen a cabin sell in this price since the 1980's.

Three distressed properties, foreclosures or short sales, also sold in November. To complete the total, two land sales also closed!

Here is a complete list of the sales. If you have any questions about the market or these specific sales, let me know and I would be pleased to provide additional information.

 

Mt. Hood Real Estate SAles for November 2013

mt. hood real estate sales for November 2013

Mt. Hood Real Estate Sales for November 2013

   

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Cold Snap Coming to Mt. Hood Area-Winterization Tips

Sunday, December 1, 2013
by Liz Warren

We made it through Thanksgiving with minimal snow on the slopes and the weather folks have the warning signs on for a cold snap that is heading our way next week. It begins on Monday and will be with us through the week, even into next weekend. Home and cabin owners in the area should take preemptive measures now to contain the possible freezing pipe caused water damage that we have see in years past when the temperatures are way under freezing for extended periods of time.  

    Cold weather coming to Mt. Hood in December

 

Mt. Hood Winterization Tips

 

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Mt. Hood Christmas Tree and Bough Permits are On Sale

Saturday, November 30, 2013
by Liz Warren

It's that time of the year where many folks head up to the Mt Hood Forest to cut their own Christmas trees. Permits are available at many locations and are only $5.00 per permit with a limit of five per household. The height limit is twelve feet unless you pay a little extra.

Here are the locations to purchase permit for the forest:

Mt. Hood Christmas Tree Permits

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Mt. Hood Ski Forecast for Thanksgiving Week

Monday, November 25, 2013
by Liz Warren

This past opening weekend for skiing at Mt. Hood Meadows and Timberline lacked a bit snow to really bring out any crowds. The forecast this week doesn't bod well for skiers and boarders but Thanksgiving travel looks great compared to the rest of the country! 

Local businesses and ski areas love Thanksgiving and lack of snow on Mt. Hood creates a difficult economic scene for local merchants in Welches and Government Camp. Check out the balmy weather for the rest of this week.

It could be the perfect week for day trips to Mt. Hood to tour Timberline Lodge, visit the Mt. Hood Brewery for some famous Ice Axe, or hit the links at the Resort at the Mountain! For evenings there's always live music at the Skyway. Have a great Thanksgiving!

                              Thanksgiving week on Mt. Hood

 

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Big Number for Real Estate Sales for October 2013

Sunday, November 17, 2013
by Liz Warren

This fall continues with record numbers of sales totaling nineteen for October 2013! This has been a spectacular number of closings and the most we've seen in five plus years.

Three of these sales were distressed either foreclosure or short sales. Five sales for Government Camp this month including two condos! After a complete drought of Condo sales for Government Camp over the past three to four years with low prices and lots of distressed sales there's finally some serious movement in this market!

Mt. Hood Real Estate Sales October 2013

Mt. Hood Real Estate Sales for October 2013

Mt. Hood Real Estate Sales for October 2013

Mt. Hood Real Estate Sales for October 2013 

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Numbers are out for October 2013 Real Estate Sales on Mt. Hood

Saturday, November 16, 2013
by Liz Warren

RMLS has released the sale info for October 2013 for Mt. Hood and we're still rocking with nineteen closed properties in that month! You can tell some of the lingering inventory has finally gone away with many short sales finally coming to fruition. A whopping average of 242 days on market for these 19 sales! That is a long marketing time. The government shut down for two weeks put many buyers on hold as things were sorted out so it caused quite a dent in the pending sales department down a total of 40% from last year at this time. Now is the time to take advantage of these still super low interest rates!

Mt. Hood Real Estate Sales for October 2013

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