Real Estate Information Archive

Blog

Displaying blog entries 681-690 of 859

Resort at the Mountain Inventory Grows

by Liz Warren

Looking for a great full time or recreational second home on Mt. Hood? The current inventory around the Resort at the Mountain is exceptional in choices. Some sit off the golf course and some have fairway views. A twenty seven hole golf course gives many opportunities for ownership. Amenities include park areas, Salmon River access, swimming pool and tennis courts. All properties are on sewer and water. Here are todays current choices:

Resort at the Mountain Golf Course Homes

Housing Update from the Oregon Office of Economic Analysis

by Liz Warren

Here is a brief excerpt from a recent blog article from the  Oregon Office of Economic Analysis

Oregon Housing Market

 

The Portland metro price trends impact the majority of our second home market for many reasons. Primary home equities are a main source of down payments for second homes in our area. As this chart shows, the metro area has lost a lot of that buying power and this has caused pricing pressures on the mountain inventory. 

Portland metro pricing chart from NAR

Mt. Hood's May Market Action Numbers for Sales

by Liz Warren

The market action provided by RMLS brings May active, pending and sold statistics for the Mt. Hood area. The past month brought a huge number of properties to the market, nearly 25% of inventory came on this month and June will likely tell a similar story. Many sellers waiting for the market to improve have come to the dance floor. Ten closed sales for the month shows a continuing trend for sales numbers to beat out 2011 but prices have still not gone up due to the amount of inventory currently for sale. Number of days on market is up to 261.

Mt. Hood May Market Action for Real Estate Sales in 2012

Mt. Hood Area Real Estate Sales for May 2012

by Liz Warren

May real estate sales on the mountain are consistent with the past several months. Ten sales of  properties have now given a total of 46 sales since the first of the year. Numbers of sales each month have been fairly consistent giving an average of nine sales each month! Plenty of inventory to choose from and with unbelievable 3.75% interest, this is the Primo time to buy in history!

Lets take a look at May's sales. Four of the ten were either bank owner or short sales. Good news in that two sales were over $300,000. There's been more interest in the higher price ranges. Since we are quickly approaching our premium selling summer season I expect the next several months to produce even higher numbers of sales baring any negative economic news.

Mt. Hood Area Real Estate Sales for May 2012

Mt. Hood Area Inventory Levels

by Liz Warren

The Portland Metro area inventory is at a five year low according to the multiple listing service. Month supply of home for April was 4.7 months. This is the buzz about "listing inventory" shortage in Portland.  Take a look at Grant and Wallowa County though with over three years of inventory to sell. Yikes! 

Mt. Hood Area inventory of residential homes are at a 13 month level. Lots of inventory to choose from and to take advantage of these historically low interest rates!

Oregon county inventories

Mt. Hood Shadow Inventory

by Liz Warren

Every wonder about how much "shadow inventory" is on our mountain? Realty Trac, who tracts foreclosures nationally, says Oregon has 19 months of bank owned inventory that has not hit the market. Nationally the number is closer to 16 months. A recent article on Oregon Live, the Oregonian paper on line, presents an interactive map of the greater Portland area by zip code with numbers of foreclosures.

Interactive map of foreclosures by zip code. Check out 97049, 97028 and 97067.

Who's Buying Real Estate Today?

by Liz Warren

Who's buying real estate today in the Mt. Hood area and across the US? This recent survey is showing a drop in first time homebuyers and an increase in investors purchasing properties. What are buyers buying? Numbers nationally are reaching nearly 50% of sales as foreclosures and short sales. 

Home Buyers Over the Past Three Months

Mt. Hood's New Sandy High School!

by Liz Warren

The excitement is building for the opening of the new Oregon Trail School District High School in Sandy scheduled this coming fall. Anyone who knows a student in this district knows the kids are giddy with excitement for this overdue facility to open which nearly doubles the size of the current high school. After traveling to other schools in the metro area, this showplace will boost local pride and will be a major cornerstone to show off the Mt. Hood area drawing more residents who wish to live in an environment that values education and cares about their children and their future. 

​Check out these Oregon Trail High School highlights including a Performing Arts Center, indoor tract, stadium seating for 1800, fully equipped science labs, plus a new library that is three times the size of the current library!

New Oregon Trail High School photos of construction.

The Oregon Trail School system services students from Government Camp, Welches, Brightwood, Rhododendron, Boring and Sandy.

Mt. Hood Real Estate Sales for January 2012

by Liz Warren

The multiple listing service has just released the year to date chart for Mt. Hood home sales for January 2012. A recent Mt. Hood blog post showed a total of four sales for the month. From this same time last year pending sales are down around 16.7%. Don't be deceived by the average sale price for home sales in the Mt.Hood area, the data makes this an unusually high number in my opinion.

Mt. Hood Real estate sales for January 2012

Displaying blog entries 681-690 of 859

Syndication

Categories

Archives