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The Clackamas County Tax Assessor's Town Hall Meeting will be Novemeber 7. 2009 at 1:30 to 3:00 PM. to answer your questions about property taxes. The meeting will be held at the Hoodland Community Center at 25400 E. Salmon River Road, Welches.
Put your seatbelts on. The property tax bills are coming. Welches, Brightwood, Government Camp and Rhododendron and all Oregon Trail School District property owners are putting funds towards the long overdue high school which has been sorely needed for over fifteen years. Before your head hits the floor and the smelling salts are out you may want to read this Clackamas County Press Release for an explanation of why the taxes are going up substantially.
It's too bad by delaying the inevitable need for so many years the costs have increased substantially for the new high school project.
Read about the bond funds for the school district.
July and August pending sales proved to be substantial for the year with the biggest number of closings to date in September. It's been over a year since we have seen a monthly total of fifteen sales! Although there were none in the over $400.000 range, there were a few in the $300,000 area. Only one forest service cabin closed after the August flurry of sales. On a very positive note, only two of the fifteen sales were bank foreclosures.
Media reports indicate the third quarter of 2009 saw the greatest number of foreclousre filings yet. We are fortunate that the numbers of foreclosures have not hit levels in other states from 50 to 80% of their entire sales numbers.
Here are September's sales:
The multiple listing service has recently published their September sales statistics. Here are the numbers for the mountain:
Daylight is burning!!!!
Looking for that first home? Time is running out to take advantage of the $8,000 tax credit. Many sales are taking six to eight weeks to close. In order to get the credit by the dead line, you need your home to close by November 31, 2009!
Selection is great and you can't beat today's interest rates!
Here is more information on the first time buyer tax credit.
August Sales were WAY UP compared to any other month this year! A total of 14 sales for the month, seems like the number is almost normal for a typcial August on the mountain. Mt Hood National Forest cabins saw the largest segment of sales with five for the month! Four properties were under $100,000 in price. A couple were taking advantage of the first time home buyer plan with the $8,000 credit. September numbers look pretty good too with seventeen properties pending from Government Camp, Rhododendron, Welches and Brightwood.
The numbers are in for the mountain area from Government Camp, Rhododendron, Welches and Brightwood. The multiple listing service just released the numbers today. The chart below shows active, pendings, and solds for the month of August 2009. This is also compared to last year and year to date numbers.
SALES ARE WAY UP! Fourteen total for the months of August. The stimulus package is working and many of these were first time home buyers exersising the $8,000 tax cedit!
Here are the sales:
What do the new changes for credit cards mean for you? If you haven't noticed, many credit card companies have already made preemptive strikes. Since January 2009 many companies have raised interest rates and fees by 20% and slashed credit limits for an estimated 58 million card holders.
August 2009 new regulations came into effect on receipt of your credit card bill, how much notice consumers are given before their rates are changed and other items.
It's predicted that the credit card industry will be in turmoil for another year. Be sure and watch for notices from companies because if you don't pay attention you may be subject to more fees!
Here are some interesting stats:
*about 85% of credit card owners pay interest or fees every month
*48% incur penalties and or exceed their credit card limits
Naturally, the higher interest rates on balances may cause credit dings which will cause a lower credit score. This could trigger higher interest rates when you purchase goods- such as cars, refrigerators or any other consumer goods you purchase on credit.
You might want to consider switching your card balance over to a lower rate at some point. Just be aware of the good, the consumer protection laws (Card Accountability Responsibility and Disclosure) going into effect, and the bad-the impact of your card's higher rates and credit limits!
They're still coming and here is the current list of foreclosued homes in the Mt. Hood Area from Brightwood, Welches, Government Camp and Rhododendron:
Ok, now is the time to make your move to purchase on Mt. Hood. In the past week we have seen 22price reductions alone on Mt. Hood inventory from Government Camp, Welches, Brightwood and Rhododendron! Sellers are getting even more motivated to get their property sold, sooner, than later! The rush is on for first time home buyers to use that $8,000 tax credit which is about to expire.
Interest rates are the lowest we've seen in the past three months. So, is this the time to jump in and take advantage of the incredible inventory, low interest rates, and super home buyer credits from the Feds? You bet it is!
Displaying blog entries 731-740 of 782
