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Mt. Hood Area Distressed Sales

Monday, April 25, 2016
by Liz Warren

You may think foreclosures and short sales have gone to the wayside in today's active market but surprisingly, although fewer are on the market these days, there are a few here and there. Take a look at the Portland metro market area. Nearly 11% of first quarter closed sales in Portland metro were either bank owned or short sales. 

Distressed Sales for Portland Metro for First Quarter 2016

The Mt. Hood area also has a few short sales and foreclosures in the market. Here is activity for Government Camp, Welches, Rhododendron and Brightwood for the first quarter foreclosures only.

2016 Mt. Hood Foreclosures for sale, pending and closed

Short sales are listed below for the first quarter on the mountain.

Mt. Hood short sales for first quarter 2016

 

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Mt. Hood Area Distressed Sales

Tuesday, October 30, 2012
by Liz Warren

How are mountain properties shaping up in the distressed property department?

96 residential sales as of 10/30/2012

23 Bank Owned

6 Short Sales

30% are Distressed sales on the mountain

Here is an info chart for distressed sales in the Portland metro area.

Portland Metro distressed properties

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Mt. Hood Foreclosures

Friday, May 4, 2012
by Liz Warren

Mt. Hood area inventory of foreclosures sits at five. These are typically priced between 23 and 15% under current market values bringing instant equity to an owner. Eight of today's pending sales are foreclosures. Wow, this is the perfect time to pick up that second home before interest rates head up!

Today's picks on Mt. Hood

Mt. Hood foreclosures for May 2012

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Mt. Hood Shadow Inventory

Thursday, May 3, 2012
by Liz Warren

Every wonder about how much "shadow inventory" is on our mountain? Realty Trac, who tracts foreclosures nationally, says Oregon has 19 months of bank owned inventory that has not hit the market. Nationally the number is closer to 16 months. A recent article on Oregon Live, the Oregonian paper on line, presents an interactive map of the greater Portland area by zip code with numbers of foreclosures.

Interactive map of foreclosures by zip code. Check out 97049, 97028 and 97067.

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Mt. Hood Foreclosures on the Market Today

Tuesday, March 27, 2012
by Liz Warren

Looking for a foreclosure in the Mt. Hood area? Here are today's offerings from Government Camp to Welches. Most are priced 20% or more below market values.

Mt. Hood Foreclosures

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Foreclosures on Mt. Hood

Wednesday, January 25, 2012
by Liz Warren

It's a great time to buy a foreclosure with ten opportunities on the market today. Choices are from condos in Welches to Government Camp. Some of the lower end cabins and homes may need cash buyers due to their conditions. Take a look at these choices from Brightwood, Welches, Rhododendron and Government Camp:

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Time on the Market for Distressed and Non-Distressed Sales

Wednesday, January 4, 2012
by Liz Warren

Here are some national averages for time on the market for 2011 between REO, short sales and non-distressed properties. Thirty two percent of sales on the market in 2011 were distressed on the mountain. Nationally the number has been around 40% or higher for many months. 

 

Time on the market for distressed and non distressed properties

Here are today's bank owned properties on Mt. Hood currently for sale. There are ten to choose from!

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Mt. Hood Foreclosures on the Market Today

Monday, December 12, 2011
by Liz Warren

Here they are: the latest Mt. Hood foreclosures to hit the market. Quite a variety from a Government Camp Condo, to a newer home on an acre of land. 

Mt. Hood Foreclosures on the market as of December 12, 2011

 

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Foreclosures and Short Sales on Mt. Hood

Tuesday, September 27, 2011
by Liz Warren

Ever wonder about what percentage of total sales are foreclosures or short sales in Welches, Government Camp, Rhododendron and Brightwood? As of today there have been 69 sales on the mountain. Twenty five of those sales were REO/bank owned properties and four were completed short sales. That's a total figure of 42% of total sales.

Foreclosures and Bank Owned Properties on Mt. Hood

​How does the Portland Metro area compare to our area? Here are numbers for the first two quarters.

Portland metro distressed sales

 

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Foreclosures: Waterfront Homes and Cabins on Mt. Hood

Sunday, September 25, 2011
by Liz Warren

Opportunity knocks! Good news for bargain hunters who are looking for a Mt. Hood foreclosure! There are two waterfront properties for sale in the Mt. Hood area that are foreclosures. One on the Salmon River and the other sits on Boulder Creek. Both are in the Mt. Hood Brightwood area.

Foreclosures on Mt. Hood-Waterfront homes and cabins

 All waterfront homes and cabins currently for sale in the Mt. Hood area.

​Take advantage of today's screaming unbelievable mortgage rates!

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Displaying blog entries 1-10 of 31

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