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Displaying blog entries 621-630 of 783

Mt. Hood area September Sales for 2011- Nine Sales Closed!

Sunday, October 23, 2011
by Liz Warren

September produced a bumper crop of sales. Although four of these properties were foreclosures, the rest were scattered throughout the area. Several were USDA loans for full time resident homes. This is a government loan like FHA except there are income restrictions and area restrictions. Our entire area qualifies for this program. Four sales were cash purchases.

Mt. Hood area sales for September 2011

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Mt. Hood Real Estate Sales for September 2011

Monday, October 17, 2011
by Liz Warren

Real estate sales for Mt. Hood were excellent in September with nine closings for the month. These sales were likely put together in July and August for a September closing. Here are the numbers from the multiple listing service showing year to date results for Government Camp, Welches, Brightwood, and Rhododendron.

September sales for Mt. Hood area 2011 from RMLS

 

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Collins Lake Condo Sales on Mt. Hood

Thursday, October 6, 2011
by Liz Warren

One of the more popular Condo projects in Government Camp are the Collins Lake condo units near the heart of downtown Government Camp. Many owners love the ease of driving up to the mountain on a snowy day and pulling in to their garage, walking upstairs, and relaxing in front of the fireplace for a low maintenance, easy winter getaway at the base of Mt. Hood.

Two Collins Lake condo units have sold over the past month and a half. One was a foreclosure and the second was bank financed. Here are the details. Sales prices $168,000 for the foreclosure and $208,500 for the non-distressed sale. 

Collins Lake Condo Sales by Liz Warren

FIND GOVERNMENT CAMP CONDOS FOR SALE NOW

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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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Mt. Hood Real Estate Sales for August 2011-14 Sales

Friday, September 16, 2011
by Liz Warren

Mt. Hood Real Estate Sales for August 2011

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Mt. Hood Real Estate Market Statistics for August 2011

Thursday, September 15, 2011
by Liz Warren

Market Action from RMLS provides real estate market statistics for the Mt. Hood Real Estate area market including Welches, Government Camp, Rhododendron and Brightwood for August 2011. 

mt. hood real estate market sales for August 2011

We have good news and bad news. The good news is for the month of August pending sales were up 133% compared to August of 2010. The bad news is the marketing time for the sales in August was 275 days. Year to date our average sales price change is down nearly 14%. That is nearly two times the Portland metro median price decline average compared to 2010.

 

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Oregon Median Sales Price Vs. National Average

Thursday, September 15, 2011
by Liz Warren

This chart shows current numbers for Median Sales prices in Oregon for Portland/Vancouver/Beaverton area. Nationally the prices have slipped -2.8% and "the West" down -3.1% but the Portland metro area prices hit  -7.5%. the Northeast is the only section of the country with higher median prices. 

 

Median Sales Price for Oregon and Mt. Hood Real Estate

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Mt. Hood Foreclosures-Facing Foreclosure? Read This

Sunday, August 28, 2011
by Liz Warren

If you are facing a Mt. Hood foreclosure you may want to pay attention to this recent article in the Oregonian concerning a delay of many foreclosures going to court. This could delay your foreclosure for a while and as the court reviews these cases, some of our Oregon laws could make you liable for the difference in what you owe to the lender and what your home actually sells for. 

This article highlights what happened to a Sandy real estate agent who was in the midst of packing for her foreclosure date.

​How did this happen? Well, last year Federal judges started blocking foreclosures because the lenders did not follow procedures properly. If your mortgage was sold many times (and most have- through MERS*) the requirement is that each sale of that mortgage is to be recorded in the County that the sale takes place. MERS eliminated that "recording" process and these Federal judges are calling that process invalid because they did not follow the law's requirements.

​Call your lender and be sure of the dates for foreclosure because you may be premature in your move out of your home. 

*What is MERS and what does it mean to me in an Oregon foreclosure?

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Mt. Hood Real Estate Sales from Market Action-RMLS

Tuesday, August 16, 2011
by Liz Warren

Here is a recent chart of activity comparing last year to this year in our Mt. Hood real estate area from Government Camp, Welches, Brightwood, and Rhododendron. This is direct from RMLS reflecting activity in July 2011.

Mt. Hood Real Estate Sales for July 2011 from RMLS

Comparing 2010 to 2011 pending sales are down 45%. Our average sale price, year to date, is down 11.1%. This figure doesn't give much of an indicator though due to so little data. Closed sales by the end of July for the mountain hit 49. This is really surprising considering the incredible interest rates available. Now is the time to buy on the mountain with plenty of inventory and excellent rates for great affordability. 

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Mt. Hood Sales Numbers for July 2011

Sunday, August 14, 2011
by Liz Warren

Sales numbers are in for the Mt. Hood real estate sales for July 2011. A flurry of activity is occurring in August so sales numbers should be up into September and October as pending sales get to closing. The late summer weather may have compressed activity into a short time frame. Time will tell.

Eleven sales in Government Camp, Welches, Brightwood and Rhododendron for the month of July brought in the greatest numbers of this year.

The break down in numbers:

Six foreclosures or short sales

One forest service cabin

Five creek or riverfront sales

Mt. Hood real estate sales for July 2011

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Displaying blog entries 621-630 of 783

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