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Passes purchased for the season? Gearing up for Thanksgiving snow? Ski swap purchases made? Seen Warren Miller's Ticket To Ride? All that's left is your Government Camp getaway at Collins Lake. Four to choose from today. Cut the drive out and enjoy your winter!
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Great news for Mt. Hood's Government Camp property owners for 2013! After a fairly weak market over the past several years the bubble hang over is finally over. Higher end sales of homes in the area have finally taken off. Second homes buyers have come to the table to purchase several ski chalets and luxury homes over $400,000 with the majority of the sales in the Alpenglade subdivision. Since January these sales have closed.
There's still time to find a great getaway in Government Camp!
Check out Government Camp Homes and Cabins
Check out Government Camp Condos
Learn About the Community of Government Camp Oregon
Snow is falling in Government Camp and two feet of fresh should be hitting the ground at the higher elevations over the next couple of days. Season passes are flying out the door and a brand new Collins Lake townhouse Condo has just come on the market. Turn key ready for your winter season, this well maintained unit has all the bells and whistles you'll ever want!
Some of the amenities of this unit are: End Unit for tons of extra natural light. Gourmet kitchen with granite and gas stove! Three bedrooms-.one has a big bunk bed for kids. Two and a half baths! Spacious tandem garage for SUV's. Killer views of the night lights of Multorpor and Ski Bowl and Collins Lake out your back door. Private deck! Comes Furnished! Collins Lake offers amenities like two pools, hot tubs, hiking trails, picnic tables and owner's lodge.
GET OUT OF TRAFFIC AND INTO COMFORT! $340,000
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Check out all Government Camp Condos Currently for Sale
Today's buying opportunities can't be beat! Recreation lovers are snapping up Government Camp condos like never before. A total of five Government Camp condos sold in September with the luxury Grand Lodges hitting a record number with three sales in one month. Three of the fourteen sales were short sales. There's been a record number of short sales on the mountain this year with more to come. Our equities have not been rising at the same rate as Portland Metro area with around 12.5% over the past year. We hope the increase in Portland's home equities will eventually come to the mountain to help boost our sales too!
Fall real estate sales for the Mt. Hood area have been consistent with the rest of the year. Although the RMLS reports a total of 11 sales in Welches, Government Camp, Brightwood and Rhododendron, the real number is 14 for the month.
Take a look at the total market time for the month! 340 days average. Where did that number come from? Well, with three out of the 11 sales being short sales with over 300 and 400 days on the market, it really skews the statistics in a negative way. So don't take this as a true number for all recent September sales.
There's no doubt it, there's plenty of inventory out there with 146 properties for sale. Even more came on the market in September with 26 new listings. Sellers coming to the market based on the good news that things are picking up and the real estate market is stabilizing. October saw a major stall out with the government shut down and the anxiety of the debt ceiling left many buyers on the side lines. Now that the drama is over for the time being I expect inventory to stay strong through the fall.
If you're currently in a transaction in the Mt. Hood area, or starting one, and are getting an FHA, VA, USDA or conventional loan, you might be wondering what the current government shut down is doing to your loan and transaction. Read about NAR's summary of the delays for each loan and the impact it will have on your purchase. Which government services are having an impact on your loan? The IRS and social security divisions are needed for many types of loans so this "might" cause delays. USDA loans are dead in the water. Current processing times for USDA are already three weeks out so this could cause even more of these loans to have long delayed closings!
Summer buyers came out to take advantage of our high inventory of Mt. Hood homes and cabins for sale this year. Many second homes buyers realize that now is the time to buy that Mt. Hood getaway while interest rates are incredible and choices are many! Check out the stats for August from multiple listing service below:
Pending sales during this month were up 50% from 2012 and a whopping 20 properties closed in August! That's definitely a record breaking month over the past five years. Now that the kids are back in school and skiers are thinking about snow the next surge of buyers should be flocking in. There's lots of inventory to choose from in all pricing points.
Skiers, get your Government Camp condo now before they area all gone!
The glorious summer and massive influx of visitors brought higher sales this July for the Mt. Hood area. Sixteen sales for Brightwood to Government Camp were posted in the multiple listing service.
Here's a break down of what sold this past month and the actual sales are listed below.
Condo sales took off, but mostly in Government Camp with four units selling, one Shadow Hawk unit closed in Welches.
Two Timberline Rim homes closed!
Two Mt Hood National Forest cabins were sold. Current inventory is large for cabins right now.
Two golf course homes were purchased with one at the Resort at the Mountain and the other on Fairway Avenue with an acre of land and killer view.
Five waterfront properties closed this month.
Coming August 17th and 18th will be the Barlow Road Ride: a bike ride over the century old historic Barlow Trail. This two day event will cover 100 miles of the Barlow Trail starting in Oregon City and ending in Government Camp! This is the perfect training ride for Cycle Oregon Riders. At the end of the line there will be a festival in Government Camp from 3:00 to 8:00 with music, beer garden, spaghetti feed and more! Checkout many more details and registration information for the Barlow Trail Road Ride.
Here's a clip from the 2012 Barlow Road Ride with highlights from the www.barlowroadride.com website.
It came as a complete surprise when June 2013 sales info came out this week. Only five properties went to closing for the month according to RMLS statistics. July numbers will certainly make up for the slow down with 25 sales currently pending. The jump in interest rates slowed applications for mortgages according to lenders but I wouldn't exactly say that is reflected in our current pending sales information. We expect the surge in inventory to keep prices very affordable as many second home sellers have been waiting for an improving market.
Displaying blog entries 641-650 of 723
