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Spring Skiing Passes at Low Prices on Mt. Hood!

by Liz Warren

Today it's snowing all the way down the hill in Welches and the skiers are heading up to catch recent snow and there's plenty of it. Spring break is often the best skiing for the whole year and the most affordable time of the year to ski. Check out these prices if you aren't heading for Cabo this break. Next week you'll need plenty of sun screen too as temps are going up. Some of THE BEST conditions of the whole year can be had for the rest of this ski season so take advantage!

Spring Pass Specials: 

Ski Bowl $99.00

Mt. Hood Meadows $139.00

Timberline $109

Eight Sales for Mt. Hood Real Estate in February 2013

by Liz Warren

 

It's good news for sales on Mt. Hood with eight sales closing in the month of February and they are all over the board from full time residential to Government Camp vacation homes and leased land cabins. Buyers are flocking to Mt. Hood to pick up that perfect getaway and future retirement home! This bodes well for a huge buying and selling season for 2013. Buyers and sellers need to get going before rates begin to creep up towards the end of the year.

Mt. Hood February 2013 sales

The Mt. Hood Real Estate sales numbers are in for February 2013. Eight closed sales total for the month. There's no doubt that 2013 will be a fantastic year for buyers and sellers on Mt. Hood. Inventory is starting to increase for the spring and summer selling season. Sixty degree days don't slow things down on the mountain! And, take a look at the days on market for the eight properties that have sold: A WHOPPING 504 days to sell. Yikes, indicates inventory is moving that has been around a while.

Sales chart for Mt. Hood multiple listing sales for February 2013

 

Mt. Hood Area Average and Median Sales Price over the Years

by Liz Warren

Mt. Hood Average and Median Sales Price

Remember that Big settlement of 8.5 Billion dollars that the big ten banks had to pay for the mortgage mess providing 3.8 Billion back to homeowners who were fraudulently foreclosed on between 2009-2010 ? Did you know as part of the settlement the banks spent 1.5 Billion of the 3.8 Billion dollars on "independent consultants" to figure out how to get the money to the foreclosed homeowners?

After complaints to Ben Bernake that the process was taking way too long, the OCC/Fed is working out how payments are made through the servicers and not using  the "independent consultants" after 1.5 Billion dollars! Most of the consulting dollars went to Promontory Financial Group.  Guess who runs Promontory Financial Group: the former chairman of the OCC: Gene Ludwig. 

More details of the 1.5 Billion loss can be found in this Forbes article.

Lighter Sales in January 2013

by Liz Warren

Four closed sales for January 2013. This reminds me of the beginning of 2012! Two riverfront properties closed this past month. One small cabin like property and a very large home on over an acre of land.  

Mt. Hood Real Estate Sales for 2013

Mt. Hood Market Information on Sales for January 2013

by Liz Warren

I believe I had a little whiplash from the drop in number of sales in January 2013 compared to the run up in the last six months of 2012! January totals came in at four sales. After months of 10 to 14 sales per month it appears new tax policy or the fiscal cliff put a big brake on the run up towards the end of the year causing a little downturn.

Mt. Hood area salesinformation  for January 2013

This chart from RMLS compares numbers from the same month one year ago. Most experts are saying that 2013 will be a big year for sales as any buyer who wants to take advantage of good rates needs to act right now. By the end of 2013 we could see an increase in rates of nearly 1%! If you are looking to purchase your Mt. Hood getaway, now is the time to act!

All Area Distressed Sales for 2012

Mt. Hood Real Estate Sales Up 30% in 2012!

by Liz Warren

Check out the last ten years of Mt. Hood Sales. 2012 was the highest number of sales since 2007!

Mt. Hood Real Estate Sales for 2012

Record Setting December for Mt. Hood Real Estate Sales!

by Liz Warren

 

December finished with a bang for Mt. Hood real estate sales in 2012! We finished out the fourth quarter with an astonishing 45 sales! Fourteen were credited for the last month of the year. Despite appraisal challenges and buyer and home qualifying issues the numbers speak for themselves.

Here are the fourteen winners in December!

Mt. Hood Real Estate Sales for December 2012

 

Four sales in Government Camp led the pack with three Condo units including a luxury Grand Lodges unit selling for $367,000 and the other two were Collins Lake condos. 

Only two foreclosure sales to report .  There’s only four bank owned properties currently for sale! REO’s or bank owned properties are being usurped by loan modifications and short sales.

Short sales may dominate 2013 over foreclosures with an extension of the Homeowner’s Forgiveness Act just passing this month! Short sales made up 5% of the 2012 sales market.

 

 

Displaying blog entries 651-660 of 847

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