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Displaying blog entries 581-590 of 783

Mountain Closings Down for June 2013!

Saturday, July 13, 2013
by Liz Warren

It came as a complete surprise when June 2013 sales info came out this week. Only five properties went to closing for the month according to RMLS statistics. July numbers will certainly make up for the slow down with 25 sales currently pending. The jump in interest rates slowed applications for mortgages according to lenders but I wouldn't exactly say that is reflected in our current pending sales information. We expect the surge in inventory to keep prices very affordable as many second home sellers have been waiting for an improving market.

June 2013 sales for Mt. Hood

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Rates Are Up!

Friday, June 21, 2013
by Liz Warren

Interest rates are up

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Eleven Sales for April 2013

Tuesday, May 21, 2013
by Liz Warren

RMLS reported a total of nine sales for April but two more have since been added to RMLS totaling eleven sales. Three of this month's sales were foreclosures and one short sale. Foreclosures in the area are tapering off and short sales increasing. Lengthy closings are status quo for any short sale these days.

April 2013 mt. Hood Sales

April 2013 Mt. Hood Sales

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Distressed Sales for Mt. Hood Area

Monday, April 22, 2013
by Liz Warren

Resent numbers for distressed properties were just released by multiple listing for the Portland Metro area graphed below. Although the numbers are shrinking and down from 35% or so from a year ago, the total sold  homes are still around 22% of the market for bank owned and short sales. The first quarter of 2013 on the mountain saw 28 sales with only three bank owned properties in the mix. Bank Owned Properties for sale on Mt. Hood.

Portland Metro distressed properties for first quarter

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Market Numbers for March 2013

Saturday, April 13, 2013
by Liz Warren

Wow, there was a lot of money flying around in March on the mountain. By the end of the month a total of 28 sales had closed since January 1st and 15 of those sales closed in March, more than half of the year totals. Six of those sales went pending in March and closed. All of those sales were cash and four on leased land in the Mt. Hood National Forest.

            Mt. Hood march sales for 2013

 

This is a surprise because the total market time for the homes that sold was 365 days. How could this be? Well our data base is quite small so things get a bit skewed in the numbers. One property at 25488 E CEDAR GLEN LOOP had a cumulative marketing time of 1412 days.... yes that is FOUR years on the market!

There is plenty of inventory on the market on Mt. Hood and we expect an active year.

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Remodeling Projects

Sunday, March 24, 2013
by Liz Warren

Here are the cost benefits of some home remodeling projects from NAR and CAR, that's National Association of Realtors and California Association of Realtors. Of course the numbers will be somewhat different in Oregon as far as costs but it might get  you thinking about what types of remodeling help your value the most.

Remodeling projects and costs

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Spring Skiing Passes at Low Prices on Mt. Hood!

Friday, March 22, 2013
by Liz Warren

Today it's snowing all the way down the hill in Welches and the skiers are heading up to catch recent snow and there's plenty of it. Spring break is often the best skiing for the whole year and the most affordable time of the year to ski. Check out these prices if you aren't heading for Cabo this break. Next week you'll need plenty of sun screen too as temps are going up. Some of THE BEST conditions of the whole year can be had for the rest of this ski season so take advantage!

Spring Pass Specials: 

Ski Bowl $99.00

Mt. Hood Meadows $139.00

Timberline $109

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Eight Sales for Mt. Hood Real Estate in February 2013

Friday, March 15, 2013
by Liz Warren

 

It's good news for sales on Mt. Hood with eight sales closing in the month of February and they are all over the board from full time residential to Government Camp vacation homes and leased land cabins. Buyers are flocking to Mt. Hood to pick up that perfect getaway and future retirement home! This bodes well for a huge buying and selling season for 2013. Buyers and sellers need to get going before rates begin to creep up towards the end of the year.

Mt. Hood February 2013 sales

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February 2013 Mt. Hood Sales Numbers are In for the Mt. Hood Area

Thursday, March 14, 2013
by Liz Warren

The Mt. Hood Real Estate sales numbers are in for February 2013. Eight closed sales total for the month. There's no doubt that 2013 will be a fantastic year for buyers and sellers on Mt. Hood. Inventory is starting to increase for the spring and summer selling season. Sixty degree days don't slow things down on the mountain! And, take a look at the days on market for the eight properties that have sold: A WHOPPING 504 days to sell. Yikes, indicates inventory is moving that has been around a while.

Sales chart for Mt. Hood multiple listing sales for February 2013

 

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Mt. Hood Area Average and Median Sales Price over the Years

Saturday, March 9, 2013
by Liz Warren

Mt. Hood Average and Median Sales Price

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Displaying blog entries 581-590 of 783

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