Real Estate Information Archive

Distressed Sales Decline in the Mt. Hood Area

Monday, October 26, 2015

by Liz Warren

Take a look at the RMLS statistics for distressed sales over the past quarter in all areas. Bank owned sales are just down to under 6% and short sales at under 2%! So far in 2015 the Mt. Hood real estate market has seen a total of 6 bank owned and zero short sales up to this point. In 2014 that total hit the 18 with 15 bank owned and 3 short sales. The "shadow inventory" of distressed homes is shrinking by the month and heading for historic norms.

Distressed Real Estate Sales and Listings for Mt. Hood Real Estate

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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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Mt. Hood foreclosures mt hood short sales distressed sales on Mt. Hood

Foreclosures and Shortsales in Today's Market

Thursday, May 5, 2011

by Liz Warren

Tracking distressed sales on the mountain in the area from Government Camp to Brightwood shows that short sales and foreclosures make up 40-50% of our area sales over the past several months on average. Nationally, these numbers match. Here is a chart showing the short sales and foreclosure movement.