Pent up Sellers Ready to Move in 2015
Monday, February 16, 2015
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December Real Estate Sales on Mt. Hood
Friday, January 23, 2015
The multiple listing service, commonly called RMLS, has posted the sales for December 2014. December was roaring through with seventeen sales closed and an average sales price of $234,600! From all appearances, inventory that has been on the market is finally clearing out with 203 average days on market.
Inventories are slim right now. All indications are that this year will be one of the best for sales in the past seven years as the economy picks up pace and unemployment is down. The winter activity has been the greatest I've ever seen. Buyers are out looking and our warm winter has provided exceptional access for showings. We're off to a great start this January.
Mt. Hood Sales for December 2014
Wednesday, January 14, 2015
To finish out the year for Mt. Hood sales, our totals for the year hit 192 sales which was about a 20% increase over 2013. December crossed the finish line with 17 closed sales including four distressed sales, two condos and three Mt. Hood National Forest cabin sales.
Trends are continuing into 2015 with a mild winter, great access to all properties, and low interest rates!
Check out December's sales:
Sandy Oregon gets Gigabit Internet Capabilities
Tuesday, January 6, 2015
If you live in Sandy, you'll be thrilled to know that SandyNet, your local internet provider, is one of a few small communities that has now been able to provide 200 times the internet speed local providers can provide at a very comparable price! How is this possible? The entire process started because the city could not get a DSL line to City Hall. From there, city of Sandy created it's own internet and just recently with fiber optic capability, has offered up to gigabit speeds to 10,000 customers in the city of Sandy!
Happy New Year-November Real Estate Sales Stats for Mt. Hood
Saturday, December 27, 2014
Happy New Year!
November home sale numbers were up over October. The numbers continue to increase in total sales for the year. Here's a quick run down from RMLS on how the month of November stacked up plus year to date numbers. Sixteen sales for the month with a wide variety of home, condos and cabin sales.
Skiers came out to purchase five properties in November including three condos and two single family residential properties in Government Camp.
The next newsletter will have the year end totals for 2014.
PINEAPPLE EXPRESS HEADS TO MT. HOOD
Sunday, December 21, 2014
The rains are coming! They are here today in a big way with projections over the next two days to hit the 10-12 inches plus range. NOAA predicts the Sandy is the most likely river in our area to have flooding but area creeks and tributaries will be expanding too so take note.
With the freezing level rising to 7000 feet over the weekend we’re really lucky there isn’t a ton of snow on the ground to melt and fill up the rivers even more. Sadly, there isn’t enough warm temps to feed our ski areas with new flakes to get all the ski areas open for the holiday break but some snow should be arriving late this coming week.
And, how's the market? This has been a busy December and lots of buyers are out in the area taking advantage of great interest rates and still plentiful inventory in the mountain area. We will end the year with the most sales we've seen since the crash of the great recession. Year end numbers will be coming out soon. Stay tuned
Clackamas County Tax Assessor Town Hall Meetings
Thursday, October 16, 2014
It's getting close to that time of the year when tax bills will be heading our way. There are several town hall meetings scheduled throughout Clackamas County for the public to attend and ask questions of the assessor . Here is the scheduled meeting times and locations in Clackamas County.
Multiple Listing Report for September 2014 for Mt. Hood Area
Tuesday, October 14, 2014
The RMLS statistics are in for area 153 for September 2014. Area 153 covers Government Camp, Welches, Rhododendron and Brightwood. A small percentage of the Sandy zip code 97055, can also be found in area 153. Most of those properties may be found in Sleepy Hollow, Summertime Drive, Kirkwood Drive and Cherryville Hill.
Noteworthy items in this report for September include the record breaking number of closed sales at 24, pending sales up 5.3% over this month last year, and a whopping 23 new properties hit the market.
A record breaking year since the bubble times!
September Sales on Mt. Hood Highest in Years with 24 closed sales!
Sunday, October 12, 2014
Great news for the Mt. Hood real estate market! September rocked with the largest number of sales in YEARS for one month. 24 in total! We are well past 2013 total sales for the year with this month boosting the numbers past last year's totals.
Here's the review of what sold this past month:
2 resort at the mountain homes
4 waterfront homes (non-forest service cabins)
3 Government Camp properties
Fall has hit the mountain and leaves are falling fast. Skiers should be out and about searching for that mountain getaway to make their winter season easier and to cut that drive time down. Plenty of inventory is available for choices.
Distressed Sales of Bank Owned and Short Sales are WAY DOWN!
Monday, July 21, 2014
Here are stats from RMLS showing the second quarter number of distressed sales in the Portland Metro area. The Mt. Hood area from Brightwood to Government Camp currently has six distressed sales including five bank owned properties and one short sale for a Collins Lake Condo unit.
In my opinion, several of the bank owned properties currently for sale are properties that would never receive financing in today's strict lending environment. They were likely refinanced or purchased during the bubble and now in todays' lending arena these homes have problems that will be challenging to fix or overcome. As with any foreclosure, buyer beware. No representations from the bank requires major due diligence.
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