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Displaying blog entries 1521-1530 of 1919

2009 Sales Stats for Mt. Hood

by Liz Warren

The recent listings/sales numbers are in from Portland Multiple Listing Service for December and for year end 2009.

 

Notice pending sales were up 266% this December compared to last December! The market made a turn for the positive in July and has continued on through the rest of the year at a steady pace. December saw 13 closed sales for the month.

There was a surge of inventory this year although only 125 properties are currently for sale right now. 2009 saw 333 properties for sale over the year. Nearly one third of the properties on the market sold this year.

The first part of 2010 will probably continue at the current pace with the first time home buyer and repeat buyer stimulus packages driving the market. Interest rates will go up slightly probably by mid year.

Financing will contiue to be a challenge. FHA requires a 3.5% downpayment and if your credit score is 580 or less you will need 10% downpayment. Other FHA fees are going up too. Reserves are falling so the premium for an FHA loan is going from 1.75% to 2.25%.

Major changes with lending are difficult to keep up with. What may be ok one week gets changed the next so if you are getting a conventional loan, put your seat belt on!

 

Salmon Riverfront Price Reduction!

by Liz Warren

LOCATION, LOCATION, LOCATION! If you've ever experienced the Salmon River in Welches you know it is one of the most pristine and senic rivers on the mountain. This easy to own updated and remodeled Shadow Hawk Condo has one of THE BEST VIEWS of the river you can find on the mountain. You can see the river from EVERY ROOM in the upstairs unit. There is even a covered tiled patio deck where you can look up and down the river!

The seller just reduced this unit by $20,000!

It's now $220,000!

 

 

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Immaculate Cabin Reduced by $10,000!

by Liz Warren

Tucked away in the Mt. Hood National Forest on leased land sits a remodeled cabin that is turn key ready for your use! There's a wonderful fireplace for after ski evenings, an updated kitchen, open areas with the living room, dining room and kitchen which is great for family and friend gatherings. One bedroom on the main level and two more upstairs plus a huge loft!

The seller JUST reduced the price by $10,000! Currently asking $169,000. Enjoy the peace and quiet of the forest and a short walk will take you to the Zig Zag River! Only 15 minutes to the slopes. Located at Road 20D Lot 18 in Rhododendron

 

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Morning Coffee

by Liz Warren
Monday Morning Coffee

INSPIRATION FOR TODAY:

"Only the educated are free."
~ Epictetus


READY TO BEGIN AGAIN?

Have a child or grandchild who graduated this last year? Whether it's high school or college, commencement exercises mark the end of a full curriculum of education - or do they? In fact, why not ask the graduate?

After four or more years of study, homework, reports, science projects, and exams, many graduates would quickly answer that commencement marks the end of their education. In fact, you can often hear students reinforce that line of thinking in their lament, "I'll never pick up another book as long as I live!"

The definition of "commencement" leads, however, in another direction. It is the beginning, not the end, of a bright future. It is the beginning of a life-long quest for knowledge, not the slamming shut of the books that opened so many new doors.

If it's been a few years since you graduated, perhaps you might also benefit from a renewed commencement - by opening some new doors to your own life-long learning curve. When's the last time you attended a workshop, bought a recorded educational series, or thought about taking college courses or embarking on a new degree track?

No longer are books the only on-ramp to education. Distance learning over the Internet, tapes, videos, workshops, seminars, and many other educational resources are yours for the taking. Why not let your graduating family member be the inspiration for your own commencement?

A quiet event that will have a BIG impact on real estate

by Liz Warren

Here is a quiet little tidbit of information that happened over the holidays that will have a huge impact on real estate for the next couple of years. The Treasury Department will now give unlimited funds to Freddie Mac and Fannie Mae over the next three years. Previously their commitment was only 200 billion each but the Obama Administration made the change over the holidays.

What does this mean for real estate?

These two companies fund at least 50% of all home sales in the United States. This will keep the money flowing for sellers to sell their homes and buyers to have funding for purchases. By being backed by the Treasury this should keep interest rates lower because Freddie and Fannie can get better lending rates.

Here is the biggie-both companies will offer loan principal forgiveness to delinquent and underwater home owners. This will help many people in foreclosures and prevent the “walkaway” syndrome where some owners are turning in their keys leaving the home for Freddie and Fannie to take losses.

Hopefully this new policy will have a greater impact than the Home Affordable Modification Program which has had minimal effect up to this point.

Morning Coffee for Inspiration

by Liz Warren
Monday Morning Coffee

INSPIRATION FOR TODAY:

"It's important to let people know what you stand for.
It's equally important to let them know what you won't stand for.
- B. Bader


ARE YOU POLITICALLY CORRECT?

How careful we must be today - to avoid the slightest slight to others. If we continue, we will become totally homogenized - each looking, acting, talking, and walking like each other. The unique identity into which we were born will mellow, fade, and eventually become transparent. The gifts and talents we have to offer will be so diluted as to go unnoticed.

What ever happened to our right to speak out against wrong? Why do we allow ourselves to be hushed and shushed when we verbalize our expectation of respect from the very young? Why are we so sensitive to what "they" think of our actions when we attempt to do good?

Each of us is uniquely individual. We are one of a kind, not just an ingredient in the soup of humanity. Each of us is born with the ability to make a difference, to contribute our talent, to expect the best. We have the ability to set standards for ourselves, to choose the principles upon which we live and serve.

We also have the responsibility to teach our children "what we stand for" as well as "what we won't stand for." By unashamedly living those principles, and expecting the same from our children, we help set the course for others who have not the strength to do so. We are the example.

Political correctness, as it applies to granting full respect for others is perfectly acceptable. Political correctness, as it is often applied as a choke-chain to restrain the desire to uphold what is right, is a gross misuse of the desire for simple courtesy and politeness.

Let's just drop "political" and be correct!

Mt. Hood Distressed Homeowners!

by Liz Warren

Do you need help with a distressed mortgage in Government Camp, Welches, Brightwood or Rhododendron? If you are looking for help with a federal mortgage modification plan here is a great place to start. This two part video is made by PMI- the mortgage insurance company. These videos expain HAMP, Home Affordable Modification Program. 

 

Scroll down to see part 2 of this video in the NOW PLAYING section above.

Morning Coffee

by Liz Warren
Monday Morning Coffee

INSPIRATION FOR TODAY:

"Things themselves don't hurt or hinder us.
Things simply are what they are.
How we view these things is another matter.
People think what they will think; it is of no concern to us."
~ Epictetus


DON'T LISTEN!

Someone once said, "When I was in my twenties, I worried about what others thought of me. When I was in my forties, I didn't care what they thought of me, and when I was in my sixties, I realized they weren't thinking about me at all." Who hasn't had a parent or friend tell us "What will people think?"

How easy it is to let the influence of others govern our actions. By listening to others, then carrying out our lives to the tune they wish us to play, we are but puppets. One of "Aesop's Fables" addressed the same issue.

It told of an old man, a boy, and a donkey making their way down a hill. As the boy rode, while the old man led the donkey, they overheard a neighbor comment about the shame of making the old man walk. The next turn in the road saw both man and boy astride the donkey, and the next passer-by shook his head at the shame of putting such a load on the poor donkey. By the time the two reached the final turn in the road, they were seen carrying the donkey on a pole.

The message, of course, was that we should not live our lives to satisfy the expectations of others. It is up to us to set a clear direction for our own lives, and then follow that path to the exclusion of others.

It's really about choices, isn't it? We get to make our own choices in life. When we fail to do so, we have still made a choice - that being to let others make our choices for us. As the final days of the year approach, it's an excellent time to let your vision take hold, to set a bold new direction for your life in the coming year. Make some choices - no matter what "they" think!

Just Listed Mt. Hood Condo!

by Liz Warren

ONLY $115,000

This is not a misprint. Just listed. An affordable getaway on Mt. Hood in great condition and turn key ready to go. Completely furnished Condo at the Resort at the Mountain. Enjoy the easy care of NO maintenance or yard. Just lock your door and head back to the big city.

It's the perfect base for your recreational pursuits from skiing, boarding, golf, hiking or fishing, they are all close! Walk to restaurants and shopping. It's a one bedroom with plenty of room for more. 

Only one hour from Portland.

 

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Zig Zag Riverfront $15,000 PRICE REDUCTION!

by Liz Warren

No missprint! The seller said drop it $15,000 so we did! Take a tour of this sturdy waterfront cabin above the Zig Zag River near Mt. Hood. Incredible setting above the river among tall douglas fir trees and only minutes to premium ski areas. You'll love this wooded getaway only ONE HOUR from Portland. Get away from the BIG CITY and sit in front of your fireplace with a great book.

Take a tour here:

 

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Displaying blog entries 1521-1530 of 1919

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