Mt. Hood Pending Sales
Friday, March 11, 2011
March snows brought a big dump in Welches, Rhododendron, Brightwood and of course Government Camp. At least 16 inches of snow fell in the Cascades with much of it still on the ground. This cut buyer access for showings down for many days as side streets were nearly impassable if not plowed. Elevations of 2,000 on up are still not easy to get to.
Here are the current pending sales for our area below. Out of the ten pending sales, five are bank foreclosures. Although nationally we are hearing less foreclosures are coming on the market right now, they are only delayed and will actually slow the housing recovery. Once the paperwork has been righted, these properties will be on the market.