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Government Camp Foreclosures

by Liz Warren

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:

Government Camp foreclosures

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!

Mt. Hood Condos-Government Camp Grand Lodges

by Liz Warren

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:

Grand Lodges for Sale Government Camp Oregon

Mt. Hood Foreclosures

by Liz Warren

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.

Mt. Hood Foreclosures in March 2011

Government Camp Real Estate-A Buyer's Market

by Liz Warren

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.

Government Camp real estate market

Collins Lake Condo Foreclosures Dominate Condo Market

by Liz Warren

Collins Lake foreclosures are dominating the market in Government Camp. Here is a recent new listing that just became available today.

Collins Lake New Foreclosure

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.

 

 

Government Camp Condo Foreclosures

by Liz Warren

Looking for a foreclosure in Government Camp? Look no more. Three units are on the market as 2010 ends. Two are Collins Lake Units and one Eidelweiss unit is currently available. Here are the details below.

Government Camp condo foreclosures

Government Camp Homes for Sale

by Liz Warren

Rates are low and skiers, has there ever been a better time to purchase your Government Camp getaway than today! Take a look at the selection. Spacious homes have plenty of room for the ski team or a pile of family and friends. Here are today's buys:

Government Camp Homes for Sale on Mt. Hood

Collins Lake-Government Camp Sales

by Liz Warren

It's been a dry spell for Collins Lake sales in Government Camp since January. Although the market is quite saturated with inventory, finally two units have closed in November. Both were cash sales but the prices a bit surprising.

Collins Lake Condo Sales

Both of these units were foreclosures. The one selling for $234,000 was originally sold in November of 2005 for $439,000.

Financing is difficult for units, that is, if you can find it these days. Conventional lenders are placing these units under the "condotel" umbrella.

From Wikipedia: A Condo hotel, also known as a hotel-condo or a Condotel, is a building used as both a condominium and a hotel.

Condo hotels are typically high-rise buildings developed and operated as luxury hotels, usually in major cities and resorts.[1] These hotels have condominium units which allow someone to own a full-service vacation home. When they aren’t using this home, they can leverage the marketing and management done by the hotel chain to rent and manage the condo unit as it would any other hotel room.

So it goes with Collins Lake. This might be a hard pill to swallow for unit owners but until financing loosens up, this will be the hand dealt.

Mt. Hood Land Swap

by Liz Warren

U.S. Forest Service planners of the Mt. Hood/Government Camp land swap  have just held a public meeting in Portland on Tuesday to present the exchange plan and to take comments by the public. This swap of 769 acres of land owned by Mt. Hood Meadows Oregon LLC and  includes the Cooper Spur Ski area and lodge would be traded for around 120 acres of National Forest land on the South side of Mt. Hood.

Proponents of the swap include the  Hood River Valley Residents Committee who want to protect the Crystal Springs watershed that services around 25% of the Hood River Valley drinking water. Details of the discussion can be found here

Mt. Hood Land Swap

Mt. Hood Heritage Day in Government Camp

by Liz Warren

This Saturday celebrates the Mt. Hood Heritage Day in Government Camp. This is a local fund raising event for the Mt. Hood museum in Government Camp.

Details may be found here. 

Displaying blog entries 721-730 of 756

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