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Fantastic Forest Cabin Just Listed in the Mt. Hood National Forest

Saturday, August 27, 2011

by Liz Warren

Here's a great Mt. Hood vacation getaway for skiers that's VERY affordable. Located in the pristine Mt. Hood National Forest it sits in a prime location near Rhododendron and it's only an hour away from Portland. Listen to the Zig Zag River from your front deck and let your cares slip away in your Mt. Hood cabin.

This cozy A-Frame features a toe warming wood stove, a loft upstairs for sleeping and a bonus room down that could be another bedroom. The kitchen is open to the living room area. There's a back deck too for enjoying the surrounding firs and wildlife. Lots of wood and big beams make a warm setting in your living room area. Big windows face out to the forest.

Skiers will love the convenience of a short 20 minute drive to the slopes. With the Mt. Hood National Forest out your back door there are tons of hiking trails to take advantage of. It's a short walk to either the Zig Zag River or Still Creek.

Asking $100,000

New to the market! Take a tour of this Mt. Hood cabin!

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2007-Second Home and Investor Numbers Will Surprise You

Tuesday, April 1, 2008

by Liz Warren

This is a real eye opener considering 2007 reports on the market! Second home and investment buyers purchased about one third of properties sold in 2007 according to the National Association of Realtors. Vacation home sales only declined two percent from 2006 to 2007. (12% of total sales in 2007).

Despite the fact that we are in a credit crunch and in tough economic times, second homes are elective purchases. Locally we know that at least a third of homeowners in Portland have no mortgage. We also know that Oregon ranks 47^th in the subprime problem-which means there is extra money available for purchasing second homes.

Actually, it’s a bonanza of an opportunity for buyers with super low interest rates, softening prices and increased inventory. Yes, primary home sales have softened the most but second home sales have not seen the declines locally that many media outlets have declared.

Believe it or not 28% of second home buyers paid cash for their purchase. Many second home buyers are looking to purchase now knowing their investment will appreciate greatly in the next five to ten years. Portland metro has a particularly great opportunity with a recreational area so close to the city, many weekenders take advantage of the quick one hour drive making the Mt. Hood area a premium destination for a rec home that can be used year round.

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Market Statistics for Mt. Hood

Thursday, February 15, 2007

by Liz Warren

Mid February has shown an incredible slowing of listings and sales. Only two properties have closed this month and inquiries are down. On the other end of the spectrum, listings are not exactly hitting the market. It just seems to be a total slowing of the entire process. Interest rates aren't bad at all but with the home equity faucet turned off, spending is down and sales have drastically slowed down.