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Mt. Hood Real Estate Blog

Liz Warren

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Displaying blog entries 1111-1120 of 1923

Collins Lake Condo Sales for Government Camp

by Liz Warren

Two recent Condo sales in Government Camp's Collins Lake are showing prices may be stabilizing a bit. Recent foreclosure sales dipped as low as $158,000 over the past year but two recent sales this past couple of week show there's demand. The last foreclosure listed received multiple offers (final price was $225,000)  for the interior end unit. Both were financed with conventional loans with sales prices of $225,000 and $280,000!

 

Collins Lake Condo sales

Mt. Hood IInspiration

by Liz Warren

Looking for a little inspiration for your Tuesday morning? Hit the coffee below!

Morning Coffee

If you are a follower and fan of log homes on Mt. Hood you are familiar with Steiner log homes and cabins. Master craftsman John Steiner has passed away. He was 99 and died on Friday. All locals in the Mt. Hood area are familiar with his incredible craftsmanship in the area. Henry Steiner and sons John and Fred are considered masters of Oregon Rustic style.

Here are more details about master Mt. Hood Oregon craftsman John Steiner and his legacy.

Steiner Log Cabin

 

Camp Creek Cabin Just Reduced

by Liz Warren

Stunning setting sitting right on Camp Creek has just been reduced $10,000! Located in the Mt. Hood National Forest on leased land, this Mt. Hood gem has one of the top locations on Camp Creek and only steps to the water. Large knotty pine living room, cozy built in eating area, loft upstairs for sleeping and a bonus bedroom too. Relax on your deck and listen to the river! Reduced to $145,000!

Take the Camp Creek Cabin Tour

Play VisualTour

 

Numbers are out from the Regional Multiple Listing Service for the Mt. Hood Area. March 2012 statistics are listed in this chart: New listings are coming on the market fairly quickly as we foresee a very competitive summer coming up this year. Pending sales are way up from a year ago likely reflecting the investors and second home buyers scooping up great homes with incredible prices. Market times are still quite long with 182 day averages for current month sales. With Mt. Hood foreclosures making up 50% of sales this month, the impact on pricing will be downward with more foreclosures hitting the market this year. Oregon has 12.5 months of shadow inventory to get through. (see below RMLS chart)

Market Snapshot for Mt. Hood real estate sales March 2012

 

Oregon Months of Shadow Inventory

Mt. Hood 1927 Classic Cabin for Sale

by Liz Warren

Step back in time and enjoy this secluded Mt. Hood cabin right on the Zig Zag River! Just offered at $185,000. A stone fireplace is the heart of the open living room and dining area. Wood floors and original paned windows take you back in time. An updated kitchen and bath with a claw foot tub bring modern conveniences to your mountain getaway. Skiers will love the seven minute drive to Government Camp slopes. No more heavy traffic jams to get to your hill. The Mt. Hood forest gives a pristine setting for exceptional hiking and mountain biking! This leased land cabin sits in a magical location between the Zig Zag river and a seasonal creek with an old fashioned foot bridge for crossing. 

Mt. Hood National Forest CabinMt. Hood National Forest Cabin

Take your Mt. Hood Cabin Tour below or see more details here.

 

Play VisualTour

 

March Sales Numbers are in for the Mountain Area

by Liz Warren

Market statistics are in from multiple listing service for area 153 which covers Government Camp, Welches, Rhdodendron and Brightwood. March was a very active month for closed sales totaling 12 sales. Fifty percent of those sales were foreclosures. Take a look at the numbers from NAR. In February the national percentage of distressed sales was hovering at 34%. As the backlog of foreclosures enter the market this year it's likely the national number will go back up towards 40%. Mountain sales for the month are listed below this graph.

Distressed sales Nationally

Twelve sales. Five were cash and two purchases were USDA loans. This would be homes for primary home use and income limits to qualify for this type of loan. 

Mt. Hood Area Real Estate sales for March 2012

 

 

Monday Morning Inspiration

by Liz Warren

Hit the coffee below for some Monday morning inspiration.

 

Monday Morning Inspiration

Mt. Hood Easter Egg Hunt

by Liz Warren

The Resort at the Mountain in Welches is having an Easter egg hunt this Saturday at 12 noon. Free for children 10 years and under. The Easter bunny will visit, face painting, prices and goodies. Details at www.theresort.com.

Monday Morning Inspiration for Mt. Hood

by Liz Warren

Here's some inspiration for Monday Morning on Mt. Hood. Hit the coffee below.

Monday morning coffee

 

Displaying blog entries 1111-1120 of 1923

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