Negative Equity in Oregon
Sunday, January 8, 2012
This map shows the negative equity state by state.
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Real Estate Information Archive
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Time on the Market for Distressed and Non-Distressed Sales
Wednesday, January 4, 2012
Here are some national averages for time on the market for 2011 between REO, short sales and non-distressed properties. Thirty two percent of sales on the market in 2011 were distressed on the mountain. Nationally the number has been around 40% or higher for many months.
Here are today's bank owned properties on Mt. Hood currently for sale. There are ten to choose from!
Lowest Interest Rates in History
Monday, October 31, 2011
Today's rates brings the greatest time to purchase a home or cabin in history! Check out this chart showing how low rates are just over the past 20 years. The yearly average has been 8.74% and we are below half that rate right now.
Mt. Hood area September Sales for 2011- Nine Sales Closed!
Sunday, October 23, 2011
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 Real Estate Sales for September 2011
Monday, October 17, 2011
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.
Collins Lake Condo Sales on Mt. Hood
Thursday, October 6, 2011
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.
Foreclosures: Waterfront Homes and Cabins on Mt. Hood
Sunday, September 25, 2011
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.
All waterfront homes and cabins currently for sale in the Mt. Hood area.
Take advantage of today's screaming unbelievable mortgage rates!
Mt. Hood Real Estate Market Statistics for August 2011
Thursday, September 15, 2011
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.
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.
Oregon Median Sales Price Vs. National Average
Thursday, September 15, 2011
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.
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Displaying blog entries 661-670 of 826
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