Displaying blog entries 681-690 of 721
Inventory is up in the Government Camp area. Sixteen condos and thirteen detached single family homes are currently for sale. Skiers have a multitude of choices for this season! Here are the most recent sales in the area over the past four months including two lot sales:
Today may be the best time to purchase your Government Camp getaway. Selection is excellent and interest rates are low. Take advantage of today's offerings. Call for more details!
.jpg)
Skiers! Luxury units at the Grand Lodges in Government Camp are going to auction on July 24th this year. These are some of the nicest units in the area with great amenities including underground parking, covered walkways, swimming pool, and rec center. You can litereally walk to ski areas from this location.
The auction web site offers additional information. Minimum bids start at $275,000.
Foreclosure properties bring a unique opportunity for buyers right now in the Mt. Hood area. Interest rates are the lowest since the beginning of 2011. Choices are many and it's the perfect time to invest in mountain property.
Here is how Oregon stacks up in the first quarter with foreclosure sales compared to Washington, California and the entire US. These numbers are from RealtyTrac.
The pipeline of foreclosures is still building and yesterday's numbers indicated about 2 million more are heading to the market. Here's stats from MBA, Mortgage Banker's Association.
So, if you want to take advantage of an immediate price break in purchasing a Mt. Hood Second home, cabin, Condo, rental, or future retirement home, this is the time to make your move. Today's inventory of foreclosures in Government Camp, Welches, Rhododendron and Brightwood are listed below.
Lets face it, budgets are tight and Clackamas County is one large county cutting back on expenses. Locals and visitors alike have been amazed at the transformation of Government Camp from the sleepy ski town to a bustling beautifully developed environment that it is today. Streetlights, paved sidewalks, paved and plowed streets are a couple of improvements from the urban renewal district which was formed in 1989.
At the tune of around $20,000 per year, Clackamas County had arranged to keep the sidewalks cleared and streets lit for the past five years. Now, time is up and Government Camp must find a way to pay for these amenities on their own.
Incorporation failed on the May 2010 ballot so alternative actions are sought by residents on how to pay for these items. Options include a road district or a county service district. Both have their downfalls.
Meanwhile meetings are in the works on how to solve the funding issues for these improvements. More details may be found in this Oregonian article.
One of the biggest selling properties in Government Camp over the past two years have been the Collins Lake Condo Units. Recent sales have dropped to levels 10% to 20% above their original offering prices from 2004! Most of those sales were foreclosures.
Here are two foreclosures on the market today at Collins Lake:
Today's foreclosures typically represent a 30-40% discount off today's current market value. If you are a skier and are looking for an affordable place to park your head during ski season, this might be the ticket. Government Camp's location at the base of Mt. Hood makes for quick access to Ski Bowl, Timberline and Mt. Hood Meadows with a short drive on weekends!
If you've battled a winter in Government Camp you know how much snow can pile up. If you're looking for a luxury alternative that's easy, the Grand Lodges in Government Camp might fit the ticket. Government Camp's high end luxury condos are the best alternative for easy no hassle winter second home users. Prices start at $499.900 and end at just under $700,000.
Put your window scrapper away because you won't need it with the covered parking. The amenities of the Lodges include clubhouse, heated pool and spa, media game room for kids, business center, fitness center and concierge service.
Here are the current offerings:
foreclosures and short sales make up around 34% of Oregon's real estate market sales. Here are the current foreclosures available in Government Camp, Welches, Rhododendron and Brightwood.
The Government Camp real estate market is a total buyer's market. Here are statistics from First American Title for the past week's round up. Extended marketing times of over 400 days for most price ranges indicate a need for movement downward to sell. The most plentiful of choices come at Collin's Lake where condos are offered in the low $200,000 range. Although many of these offerings are bank foreclosures-most are located along Hwy 26 with a level of noise many buyers are not willing to accept. Difficulty in securing financing on Condo units should continue to crowd this market with additional inventory causing prices to dip further.
Collins Lake foreclosures are dominating the market in Government Camp. Here is a recent new listing that just became available today.
Another foreclosure unit went pending today, listed at $240,000
The last two sales closing in Collins Lake were also foreclosures. Once closing at $207,000 and another at $234,000.
Displaying blog entries 681-690 of 721
