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Mt. Hood Real Estate Blog

Liz Warren

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Displaying blog entries 941-950 of 1923

Big Number for Real Estate Sales for October 2013

by Liz Warren

This fall continues with record numbers of sales totaling nineteen for October 2013! This has been a spectacular number of closings and the most we've seen in five plus years.

Three of these sales were distressed either foreclosure or short sales. Five sales for Government Camp this month including two condos! After a complete drought of Condo sales for Government Camp over the past three to four years with low prices and lots of distressed sales there's finally some serious movement in this market!

Mt. Hood  Real Estate Sales October 2013

Mt. Hood Real Estate Sales for October 2013

Mt. Hood Real Estate Sales for October 2013

Mt. Hood Real Estate Sales for October 2013 

Numbers are out for October 2013 Real Estate Sales on Mt. Hood

by Liz Warren

RMLS has released the sale info for October 2013 for Mt. Hood and we're still rocking with nineteen closed properties in that month! You can tell some of the lingering inventory has finally gone away with many short sales finally coming to fruition. A whopping average of 242 days on market for these 19 sales! That is a long marketing time. The government shut down for two weeks put many buyers on hold as things were sorted out so it caused quite a dent in the pending sales department down a total of 40% from last year at this time. Now is the time to take advantage of these still super low interest rates!

Mt. Hood  Real Estate Sales for October 2013

Atttention Skiers! Collins Lake Condos for Sale

by Liz Warren

Passes purchased for the season? Gearing up for Thanksgiving snow? Ski swap purchases made? Seen Warren Miller's Ticket To Ride? All that's left is your Government Camp getaway at Collins Lake. Four to choose from today. Cut the drive out and enjoy your winter!

 

Collins Lake Condos in Government Camp

 

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Government Camp Real Estate Market Improves in 2013

by Liz Warren

Great news for Mt. Hood's Government Camp property owners for 2013! After a fairly weak market over the past several years the bubble hang over is finally over. Higher end sales of homes in the area have finally taken off. Second homes buyers have come to the table to purchase several ski chalets and luxury homes over $400,000 with the majority of the sales in the Alpenglade  subdivision. Since January these sales have closed.

Mt. Hood Government Camp sales over $400,000 in 2013

There's still time to find a great getaway in Government Camp!

Check out Government Camp Homes and Cabins

Check out Government Camp Condos

Learn About the Community of Government Camp Oregon

 

Snow is falling in Government Camp and two feet of fresh should be hitting the ground at the higher elevations over the next couple of days. Season passes are flying out the door and a brand new Collins Lake townhouse Condo has just come on the market. Turn key ready for your winter season, this well maintained unit has all the bells and whistles you'll ever want!

Some of the amenities of this unit are: End Unit for tons of extra natural light. Gourmet kitchen with granite and gas stove! Three bedrooms-.one has a big bunk bed for kids. Two and a half baths! Spacious tandem garage for SUV's. Killer views of the night lights of Multorpor and Ski Bowl and Collins Lake out your back door. Private deck! Comes Furnished! Collins Lake offers amenities like two pools, hot tubs, hiking trails, picnic tables and owner's lodge.

GET OUT OF TRAFFIC AND INTO COMFORT!  $340,000

Colllins Lake Condo Unit in Government Camp Oregon        Collins Lake Condo Unit on Mt. Hood End Unit

Mt. Hood Condo in Government Camp        Government Camp Condo at Collins Lake For Sale

Check out all Government Camp Condos Currently for Sale

 

Portland Metro Area Distressed Property Numbers from RMLS

by Liz Warren

Distressed properties for Portland Metro 3rd Quarter

First Time Home Buyers

by Liz Warren

If you are a first time home buyer or a buyer with minimum down payment pay attention to recent news concerning Fannie Mae. Currently you can get a mortgage with 3% down. Many buyers have applied for a conventional loan with 3% down vs. an FHA loan due to the high upfront PMI (Private Mortgage Insurance) required by FHA.  FHA loans have been losing out to Fannie Mae conventional loans due to PMI.

This November Fannie Mae will be increasing their down payment requirement to 5% instead of 3%. If you get your approval now and close by March 15th you can still get the 3%.

The mortgage insurance on Fannie Mae loans tends to be lower than the FHA insurance but that is dependent upon your credit scores.

So, the bottom line is if you are buying and want to get the best deal for a 3% down payment, you need to act NOW. See your mortgage professional for addition details.

Fourteen September Sales on Mt. Hood

by Liz Warren

Today's buying opportunities can't be beat! Recreation lovers are snapping up Government Camp condos like never before. A total of five Government Camp condos sold in September with the luxury Grand Lodges  hitting a record number with three sales in one month. Three of the fourteen sales were short sales. There's been a record number of short sales on the mountain this year with more to come. Our equities have not been rising at the same rate as Portland Metro area with around 12.5% over the past year. We hope the increase in Portland's home equities will eventually come to the mountain to help boost our sales too!

           September Sales on Mt. Hood for 2013

Fall Sales on Mt. Hood Are Solid

by Liz Warren

Fall real estate sales for the Mt. Hood area have been consistent with the rest of the year. Although the RMLS reports a total of 11 sales in Welches, Government Camp, Brightwood and Rhododendron, the real number is 14 for the month.

        Mt. Hood Real Estate sales for September

Take a look at the total market time for the month! 340 days average. Where did that number come from? Well, with three out of the 11 sales being short sales with over 300 and 400 days on the market, it really skews the statistics in a negative way. So don't take this as a true number for all recent September sales.

There's no doubt it, there's plenty of inventory out there with 146 properties for sale. Even more came on the market in September with 26 new listings. Sellers coming to the market based on the good news that things are picking up and the real estate market is stabilizing. October saw a major stall out with the government shut down and the anxiety of the debt ceiling left many buyers on the side lines. Now that the drama is over for the time being I expect inventory to stay strong through the fall.

 

Government Camp Real Estate For Sale

by Liz Warren

It's that time of the year when many buyers start thinking about  ski season and that trek up to Government Camp in the winter. Welches is covered in yellow and red leaves, the Hood River fruit loop is in full swing and skiers are thinking about first snow. Timing could be perfect if you get your home or Condo on Mt. Hood before the snow flies. Whether you're on Blossom Trail or Mossytree Lane, Government Camp is the place to be in winter when the snow flies!

Check out what's for sale today!

Government Camp Condos with thirteen available units

Homes and Cabins Under $300,000 including National Forest cabins near Government Camp

Build your own chalet-there's still land available!

All properties in Government Camp

 

 

Displaying blog entries 941-950 of 1923

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