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New District Ranger at the Mt. Hood National Forest

Monday, April 24, 2023
by Liz Warren
Here's the latest news from the Mt. Hood National Forest! New District Ranger
 
 
Mt. Hood National Forest
Forest Service News Release
 
 
Mt. Hood Welcomes New District Ranger
 
Mt. Hood National Forest is pleased to announce Nicholas Seibel as the new Zigzag District Ranger, beginning May 8. The Zigzag Ranger District spans 250,000 acres on the west side of the Forest, including busy campgrounds and trails, ski areas, and summer cabins. The district also includes most of Bull Run Watershed, which provides drinking water to about a million Oregonians.
 
“Zigzag Ranger District is receiving national attention and investment for Forest Service priorities,” said Mt. Hood National Forest Supervisor Meta Loftsgaarden. “Nick has a wealth of experience leading and collaborating with teams during complex projects. He’s the right person to help lead the implementation of these key priorities for both the Forest and our communities.”
 
Seibel is a retired combat controller in the U.S. Air Force, where he served for 24 years. During his military career, Seibel deployed to combat zones seven times, taking part in numerous high-risk missions providing support to both air and ground forces.  
 
Seibel has extensive experience in emergency management, including leading task forces during national emergencies such as hurricanes Harvey and Irma. As a member of Oregon Air National Guard Seibel has come to know Mt. Hood well, leading and participating in search and recovery missions to locate and rescue lost or injured hikers. 
 
Seibel lives in West Linn with his wife, son, and their two dogs. The Seibel family enjoys spending time together in the great outdoors, and they frequently explore Mt. Hood skiing, hiking, and camping.
 
“As someone who has always had a deep love and appreciation for the outdoors, I am thrilled to join the Zigzag Ranger District and Mt. Hood community,” said Seibel. “The opportunity to be a part of a team that stewards the natural beauty of this stunning mountainous region while supporting outdoor recreation is inspiring and fulfilling.” 
 
Seibel succeeds previous District Ranger Bill Westbrook, who retired in late winter after 16 years in Zigzag. 

 Photo of District Ranger Seibel with Mt. Hood in the background.​

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Time Is Money When Selling Your House

Thursday, April 20, 2023
by Liz Warren

        

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Mt. Hood National Forest Opens for Woodcutting!

Tuesday, April 18, 2023
by Liz Warren

Great News for folks who like to cut their own firewood! The Mt. Hood National Forest has just released this info. Don't forget to get your permit. You can cut up to six cords of wood annually!
 
Mt. Hood National Forest
Forest Service News Release
 
Firewood cutting season opens on Mt. Hood National Forest
 
Just as snow has finally started to melt, firewood season has kicked off on Mt. Hood National Forest and will remain open through November 30. Woodcutters are required to obtain a valid personal use permit, available at no cost, before harvesting. Each household may harvest up to six cords annually.
 
Permits can be acquired in person at any Forest office or by submitting a firewood permit application via mail or email. Woodcutters must carry a permit, firewood load tags, firewood map(s), and a current information sheet while harvesting. Firewood harvested for resale purposes requires a commercial firewood permit. More firewood information is available at: www.fs.usda.gov/goto/mthood/firewood
 
Firewood harvesting can help improve forest health. Do your part to ensure that Mt. Hood has a sustainable firewood program and please follow these guidelines:
  • Do not fall standing trees, dead or alive.
  • Firewood cutting of marked timber or within timber sale boundaries is prohibited.
  • Adhere to IFPL restrictions and carry required equipment, including saws equipped with a 0.023-inch or smaller mesh spark arrestor; a long-handled shovel with an 8-inch blade; and a pressurized chemical fire extinguisher 8 ounces or larger.
  • Contact a district office for conditions updates and closure information before harvesting. 
  • If you see illegal or questionable harvest practices notify the local district office.
 
Know Before You Go
Most post-fire burn areas on the west side of the Forest have reopened. While these areas may have considerable firewood to harvest, we ask visitors to use caution as there are also increased safety risks. Hazards include falling trees and limbs, unstable ground, falling rocks and landslides. Learn more about safety in burned areas: www.fs.usda.gov/goto/mthood/burnsafety
 
Bring the 10 Essentials while harvesting. Let friends or family know when you are leaving and returning home. Many Forest Service roads are inaccessible until snow melts and much of the Forest has no cell service.
 
Some roads remain closed on the Barlow and Clackamas River Ranger Districts due to damage from the 2020 wildfires. Know all closures and stay up to date on Mt. Hood National Forest fire recovery progress: www.fs.usda.gov/goto/mthood/2020fires
Historic photo of firewood stuffed into the front trunk of Volkswagen beetle car.
 
USDA is an equal opportunity provider, employer, and lender.
 
 
Mt. Hood National Forest
 
Mt. Hood National Forest | 16400 Champion Way, Sandy, OR 97055
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Trying To Buy a Home on Mt. Hood? Hang in There.

Thursday, April 6, 2023
by Liz Warren

 



 

We’re still in a sellers’ market. And if you’re looking to buy a home, that means you’re likely facing some unique challenges, like difficulty finding a home and volatile mortgage rates. But keep in mind, there are some benefits to being a buyer in today’s market that give you good reason to stick with your search. Here are a few of them.

Long-Term Benefits Outweigh Short-Term Challenges

Owning a home grows your net worth – and since building that wealth takes time, it makes sense to start as soon as you can. If you wait to buy and keep renting, you’ll miss out on those monthly housing payments going toward your home equity. Freddie Mac puts it this way:

“Homeownership not only builds a sense of pride and accomplishment, but it’s also an important step toward achieving long-term financial stability.”

The key there is long-term because the financial benefits homeownership provides, like home value appreciation and equity, grow over time. Those benefits are worth the short-term challenges today’s sellers’ market presents.

Mortgage Rates Are Constantly Changing

Mortgage rates have been hovering around 6.5% over the last several months. However, as Sam Khater, Chief Economist at Freddie Mac, notes, they’ve been coming down some recently:

“Economic uncertainty continues to bring mortgage rates down. Over the last several weeks, declining rates have brought borrowers back to the market . . .”

Lower mortgage rates improve your purchasing power when you buy, and that can help make homeownership more affordable. Hannah Jones, Economic Data Analyst at realtor.com, explains:

“As we move into the spring buying season, mortgage rates have ticked lower, a welcomed sign of progress towards affordability.”

The recent drop in mortgage rates is good news if you couldn’t afford to buy a home when they peaked.

Home Prices Will Increase

According to the Home Price Expectation Survey, which polls over 100 real estate experts, home values will go up steadily over the next few years after a slight decline this year (see graph below):

Rising home prices in the coming years means two things for you as a buyer:

  • Waiting to buy a home could mean it’ll become more expensive to do so.
  • Buying now means the value of your home, and your net worth, will likely grow over time.

Bottom Line

If you’ve been trying to buy a home, hang in there. Mortgage rates have ticked down some recently, home prices are forecast to increase in the coming years, and the long-term benefits of homeownership outweigh many of the short-term challenges.

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Why Aren’t Home Prices Crashing on Mt. Hood?

Wednesday, April 5, 2023
by Liz Warren

Why Aren’t Home Prices Crashing on Mt. Hood?



 

There have been a lot of shifts in the housing market recently. Mortgage rates rose dramatically last year, impacting many people’s ability to buy a home. And after several years of rapid price appreciation, home prices finally peaked last summer. These changes led to a rise in headlines saying prices would end up crashing.

Even though we’re no longer seeing the buyer frenzy that drove home values up during the pandemic, prices have been relatively flat at the national level. Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), doesn’t expect that to change:

“[Home prices will be steady in most parts of the country with a minor change in the national median home price.”

You might think sellers would have to lower prices to attract buyers in today’s market, and that’s part of why some may have been waiting for prices to come crashing down. But there’s another factor at play – low inventory. And according to Yun, that’s limiting just how low prices will go:

“We simply don’t have enough inventory. Will some markets see a price decline? Yes. [But] with the supply not being there, the repeat of a 30 percent price decline is highly, highly unlikely.”

As you can see in the graph below, we’ve been at or near record-low inventory levels for a few years now.

That lack of available homes on the market is putting upward pressure on prices. Bankrate puts it like this:

“This ongoing lack of inventory explains why many buyers still have little choice but to bid up prices. And it also indicates that the supply-and-demand equation simply won’t allow a price crash in the near future.”

If more homes don’t come to the market, a lack of supply will keep prices from crashing, and, according to industry expert Rick Sharga, inventory isn’t likely to rise significantly this year:

“I believe that we’re likely to see low inventory continue to vex the housing market throughout 2023.”

Sellers are under no pressure to move since they have plenty of equity right now. That equity acts as a cushion for homeowners, lowering the chances of distressed sales like foreclosures and short sales. And with many homeowners locked into low mortgage rates, that equity cushion isn’t going anywhere soon.

With so few homes available for sale today, it’s important to work with a trusted real estate agent who understands your local area and can navigate the current market volatility.

Bottom Line

A lot of people expected prices would crash this year thanks to low buyer demand, but that isn’t happening. Why? There aren’t enough homes for sale. If you’re thinking about moving this spring, let’s connect.

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We're in a Mt. Hood Seller's Market and What Does That Mean?

Thursday, March 30, 2023
by Liz Warren

We’re in a Mt. Hood Sellers’ Market. What Does That Mean?



 

Even though activity in the housing market has slowed from the frenzy we saw over a year ago, today’s low supply of homes for sale is still a sellers’ market. But what does that really mean? And why are conditions today so good if you want to list your house?

It starts with the number of homes available for sale. The latest Existing Home Sales Report from the National Association of Realtors (NAR) shows housing supply is still astonishingly low. Today, we have a 2.6-month supply of homes at the current sales pace. Historically, a 6-month supply is necessary for a ‘normal’ or ‘neutral’ market in which there are enough homes available for active buyers (see graph below):

Mt. Hood Seller's Market

What Does This Mean for You?

When the supply of homes for sale is as low as it is right now, it’s much harder for buyers to find one to purchase. That creates increased competition among purchasers and keeps upward pressure on prices. And if buyers know they’re not the only one interested in a home, they’re going to do their best to submit a very attractive offer. As this happens, sellers are positioned to negotiate deals that meet their ideal terms. Lawrence Yun, Chief Economist at NAR, says:

“Inventory levels are still at historic lows. Consequently, multiple offers are returning on a good number of properties.”

Right now, there are still buyers who are ready, willing, and able to purchase a home. If you list your house right now in good condition and at the right price, it could get a lot of attention from competitive buyers.

Bottom Line

Today’s sellers’ market holds great opportunities for homeowners ready to make a move. Listing your house now will maximize your exposure to serious, competitive buyers. Let’s connect to discuss how to jumpstart the selling process.

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Ready for the Spring Mt. Hood Real Estate Market?

Monday, March 27, 2023
by Liz Warren

Get Ready: The Best Time To List Your House Is Almost Here



 

If you’re thinking about selling this spring, it’s time to get moving – the best week to list your house is fast approaching.

Experts at realtor.com looked at seasonal trends from recent years (excluding 2020 as an uncharacteristic year due to the onset of the pandemic) and determined the ideal week to list a house this year:

“Home sellers on the fence waiting for that perfect moment to sell should start preparations, because the best time to list a home in 2023 is approaching quickly. The week of April 16-22 is expected to have the ideal balance of housing market conditions that favor home sellers, more so than any other week in the year.”

If you’ve been waiting for the best time to sell, this is your chance. But remember, before you put your house on the market, you’ve got to get it ready. And if you haven’t started that process yet, you’ll need to move quickly. Here’s what you should keep in mind.

Work with an Agent To Determine Which Updates To Make

Start by prioritizing which updates you’ll make. In February, realtor.com asked more than 1,200 recent or potential home sellers what updates they ended up making to their house before listing it (see graph below):

 

As you can see, the most common answers included landscaping and painting. Work with a trusted real estate agent to determine what projects make the most sense for your goals and local market.

If Possible, Plan To Have Your House Staged

Once you’ve made any necessary repairs and updates to your house, consider having it staged. According to the National Association of Realtors (NAR), 82% of buyers’ agents said staging a home made it easier for a buyer to visualize the property as a future home. Additionally, almost half of buyers’ agents said home staging had an effect on most buyers’ view of the home in general. Homes that are staged typically sell faster and for a higher price because they help potential buyers more easily picture their new life in the house.

Bottom Line

Are you ready to sell this spring? Let’s connect to plan your next steps. You can start by making a checklist of what you think your house needs to get ready. Then, we can work together to prioritize your list and move forward together.

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No Housing Crash on Mt. Hood

Saturday, March 25, 2023
by Liz Warren

         

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Have You Thought About Why You Might Want To Sell Your Mt. Hood House?

Friday, March 24, 2023
by Liz Warren

 


Some Highlights

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What's Important About Selling Your Mt. Hood House? Access

Tuesday, March 21, 2023
by Liz Warren

The Role of Access in Selling Your House



 

Once you’ve made the decision to sell your house and have hired a real estate agent to help, they’ll ask how much access to your home you want to give potential buyers. Your answer matters more now than it did in recent years. Here’s why.

At the height of the buying frenzy seen during the pandemic, there was a rise in the number of homebuyers who put offers on houses sight unseen. That happened for three reasons:

  • Extremely low housing inventory
  • A lot of competition from other buyers wanting to take advantage of historically low mortgage rates
  • And general wariness of in-person home tours during a pandemic

Today, the market’s changing, and buyers can usually be more selective and take more time to explore their options.

So, in order to show your house and sell it efficiently, you’ll want to provide buyers with as much access as you can. Before letting your agent know what works for you, consider these five levels of access you can provide. They’re ordered from most convenient for a buyer to least convenient. Remember, your agent will be better able to sell your house if you provide as much access to buyers as possible.

  1. Lockbox on the Door – This allows buyers the ability to see the home as soon as they are aware of the listing or at their convenience.
  2. Providing a Key to the Home – This would require an agent to stop by an office to pick up the key, which is still pretty convenient for a buyer.
  3. Open Access with a Phone Call – This means you allow a showing with just a phone call’s notice.
  4. By Appointment Only – For example, you might want your agent to set up a showing at a particular time and give you advance notice. That way you can prepare the house and be sure you have somewhere else you can go in the meantime.
  5. Limited Access – This might mean you’re only willing to have your house available on certain days or at certain times of day. In general, this is the most difficult and least flexible way to show your house to potential buyers.

As today’s housing market changes, be sure to work with your local agent to give buyers as much access as you can to your house when you sell.

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