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Unbelieveable Value! Home and Shops on Acreage at Mt. Hood

by Liz Warren

$309,500   No Misprint!!!! This is really the price!

This immaculate property has everything you might want on acreage! The price has just been dropped to $309,500 because the sellers are ready to move. The home is very well built and shows pride of ownership throughout. A floor to ceiling fireplace in the living room with high vaulted ceilings is a fantastic place to relax.

Spread out on 3.6 acres of land complete with a seasonal creek and pond.

You will enjoy the two shops and tons of storage areas on the property. The views are fantastic and there is lots of sun!!!

Play VisualTour

 

Price Reductions on Mt. Hood

by Liz Warren

As the media reports on the slowing sales numbers in July many mountain property owners took this as a sign to drop their prices. At least 15% of homes currently for sale in Government Camp, Welches, Brightwood and Rhododendron dropped their prices in the past two weeks. That's around 20 detached homes and lot prices for 5 properties also adjusted.

Perhaps one of these properties were on your list. Here they are:

Mt. Hood Price Changes

Screaming Great Buy on the Sandy River at Mt. Hood!

by Liz Warren

Ok, I'm not kidding, this is a custom built newer home right on the Sandy River with wonderful finish work, a gorgeous kitchen, granite counter tops, vaulted ceilings, propane fireplace, decking, an over sized garage right on the river with a recent price reduction to $349,000! Take advantage of today's historically low interest rates and get your mountain getaway today.

Mt. Hood Sandy Riverfront Custom Home

New Mt. Hood USDA loans

by Liz Warren

The recently funded USDA loan program has just been refunded for our area. This includes Welches, Rhododendron, Brightwood and Government Camp. This program is for low income earners and is in very high demand. The loan is 100% financing!

Details may be found here.

Mt. Hood Sales for July 2010 on Mt. Hood

by Liz Warren

If you've kept up with recent reports you will find that the majority of sales for 2010 were pushed up to the first half of the year due to the first time home buyer's credit. Sales plummeted since that time. Buyers who may have bought later in the year pushed their plans forward leaving a 30% drop in sales for Jully.

Brightwood, Rhododendron, Welches and Government Camp saw three closed sales for residential properties for the month of July. Two of these homes were foreclosures. Here are the sales:

Mt. Hood sales for July 2010

To Buy or Not to Buy Mt.Hood Properties

by Liz Warren

The fact is, this is probably the best time in the past 80 years to purchase real estate. Swelling inventories and unbelieveable interest rates have created this opportunity. Not only is a house a home but what about the investment opportunities.

Here is how the housing values compares with the stock market over the past decade.

Mt. Hood Stock vs. Real estate

Nationally Existing Home Sales Drop

by Liz Warren

Mt. Hood real estate sales for June 2010 hit  a whopping 15 sales. Here is the most recent chart from NAR-National Association of Realtors showing national sales for the month of June 2010. Is the Mt. Hood area bucking a national trend?

National Home Sales June 2010

Look at the number of sales in 05 and 06 compared to today's figures. As a general statement, the mountain sales have probably declined in numbers by two thirds at the height of the market in 05-06.

A record number of sales closed in June 2010 in the Mt. Hood area. Most of them went pending in March and April. Seven of the fifteen were bank foreclosures. Nine sales were under $200,000. The good news is that there were two Resort at the Mountain homes which sold. That area has seen some spark recently with a few sales and some new properties coming on the market. Here are the June sales for 2010 in the Mt. Hood area:

Mt. Hood Real Estate sales for June 2010

Mt. Hood Real Estate Numbers for June 2010

by Liz Warren

The numbers are in for June 2010 for Mt. Hood area real estate sales straight out of RMLS. The numbers are impressive with a total of 15 sales closing. My estimate is that these sales were put together in March and April and finally closed. We have seen a weakening of pending sales at the moment but hope with the fantastic weather we are having that more buyers will take advantage of the incredible inventory currently on the market. Now is the time to get a hec of a deal on a mountain property!

Mt. Hood real estate sales for June 2010

Market indicators show increasing inventory, fewer pending sales for the month, longer marketing periods but pending sales up nearly 50% year to date from 2009!

February 2010 Oregon Foreclosures

by Liz Warren

The numbers are out for the National Association of Realtors statistics for February 2010 in the Salem area foreclosures compared with the United Sates Numbers. Here is a chart of activity:

Foreclosures on Mt. Hood

 

Displaying blog entries 781-790 of 881

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