Real Estate Information Archive
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Displaying blog entries 1-9 of 9
Tight Lending Requirements and Credit Scores
Now that housing is starting to stand on its wobbly legs after years of uncertainty, Lawrence Yun, chief economist of NAR, the National Association of Realtors, is asking for some loosing up on lending standards to keep this housing recovery on its way. Here is an except from an article from NAR on credit scores and lending practices. You can see that most recent loans only go to buyers with the most stellar credit. In 2011, around 75% of loans purchased by Fannie Mae and Freddie Mac, had credit scores of 740 or above!
Mt. Hood High Fire Danger
Extreme temps have no burning of any kind for our area. These higher temps will remain through the week so be extra cautious and diligent to be on the look out for any fires in our area. Haze and smoke is filling our skies blowing in from out of area fires. Here is a handy map to check on any current area fires in Oregon and Washington.
Mt. Hood Inspiration
Here a little Morning Coffee to get your day going. Hit the coffee below.
Mt. Hood Area Sales in August 2012 top 11
Good news for mountain real estate. August numbers are consistent with most of the year monthly numbers with eleven sales for the month. From Government Camp to Brightwood, the numbers are good. Here's what sold for the month of August. Three forest service cabins closed this month, a record number for the year.
Mt. Hood Inspiration
Sandy High School Grand Opening This Friday!
This Friday is the long awaited grand opening of the new Sandy High School. I took a tour of the new facility a couple of weeks ago and all I can say is this is the best thing to happen in our community in a long time. The thought and design features of the school are amazing. Public tours are offered this Friday afternoon starting at 3:30 pm. along with the opening dedication at 6:00. Governor John Kitzhaber will be at the dedication! If you can't make it to the tour, check out the new state of the art high school here!
Schedule of Events
Resort at the Mountain Inventory Grows
Looking for a great full time or recreational second home on Mt. Hood? The current inventory around the Resort at the Mountain is exceptional in choices. Some sit off the golf course and some have fairway views. A twenty seven hole golf course gives many opportunities for ownership. Amenities include park areas, Salmon River access, swimming pool and tennis courts. All properties are on sewer and water. Here are todays current choices:
Housing Update from the Oregon Office of Economic Analysis
Displaying blog entries 1-9 of 9
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