Displaying blog entries 801-810 of 1909
Notice for the Villages at Mt. Hood Board of Directors Meeting on Tuesday; February 2, 2016 from 6:00 p.m. – 8:00 p.m. at the Resort at the Mountain (Trees Room).
The Resort at the Mountain is under new ownership as of the beginning of 2016. The Resort website states the new owner as Stanford Oregon Hotel LLC. The mountain community is anxious to find what changes the new owner will bring to the Resort.
A lot has been happening at the Resort over the past six months.
*The resort is the first Best Western Premier Collection property in North America.
*Welches had a major wind storm that knocked out power and caused many large trees along the golf course to come down causing the greens keeper headaches.
*A three alarm fire on December 30th had guests scrambling out of their units in building 4 from flames. Ten rooms were destroyed from the fire, no one was hurt, and the cause of the fire still has not been determined after investigation.
Hopefully things will settle down for the new owner! As a major employer for our area, locals are anxious to see how new management takes the reins.
The close of 2015 produced 21 closed sales for the month. Surprisingly, three of those sales were bank owned properties. The mountain had 13 bank owned properties sell in 2015 which was down from 16 for 2014. Three Timberline Rim properties, a popular subdivision along the Sandy River, changed hands.
Inventory is down in all pricing points right now and many sellers are getting their properties ready for the 2016. State regulations and lender financing requirements make preparation a must to get a property prepared to go on the market. Getting any repairs completed prior to going on the market is a great idea because finding a contractor during summer months is nearly impossible causing delays for closing.
Here are the 21 sales that closed in December:
The multiple listing service has released the sales numbers for 2015 December.
December produced 20 closed sales making the year totals for 2015 at 203 sales. It's not that far off from 2014 totals with 10 more sales than last year. Real estate on the mountain is stable and working towards recovery of 2007 values. Two out of every three homes that came on the market sold in 2015. Nationally predictions are that 2016 will be as good as 2015. Despite a small increase in interest rates, many buyers are opting in for a purchase now before rates continue to creep up.
INSPIRATION FOR TODAY:
Mt. Hood has some great options for New Years Eve this year! Now that we have snow and lots of it, the Mt. Hood area is ready to rock and roll to ring in 2016!
Mt. Hood Meadows has evening events 6:00 pm-12:15 am. Buy your tickets early for this event.
Timberline Ski Area has skiing, fireworks, music and fine dining seating!
Ski Bowl Fireworks and skiing till 2:00 AM!
Resort at the Mountain Live music and no cover!
Skyway Bar and Grill Live music and $5.00 cover
INSPIRATION FOR TODAY:
Snow brings thousands to the slopes during holiday break with traffic slowdowns from Brightwood to Mt. Hood Meadows. At 3:30 PM today, traffic was bumper to bumper heading East towards three ski areas, Mt. Hood Meadows, Timberline and Ski Bowl plus travelers heading home to Bend and other areas on the East side of the state.
Stand still traffic with bumper to bumper conditions make the drive up and back from skiing challenging today. The best ski conditions we've seen in several years brought the skiers, boarders and snow seekers to Mt. Hood. When the sun went down some drivers took nearly two hours to drive from Mt. Hood Meadows to Welches on fairly clear roads.
There's only one thing to do with this amount of people heading to the mountain and that's to get up early and hit the roads. Ski area parking lots will run out of room and the trip may be in vain if you don't get here bright and early! These conditions could continue through New Years with the amount of snow we have.
Now that the snow is dumping on Mt. Hood and your friends and family are gearing up for a winter of skiing, now is the time to make your life way more hassle free. Collins Lake Condos has an excellent selection right now and if you want your weekend stress free this is the choice for you!
*No long lines of traffic for hours getting home or back up from the city
*Great location for walking to shops and restaurants
*Heated pools and hot tubs
*On site management
*No scraping your windows before you leave- tandem garage
*Owners lodge for group gatherings
*Ski shuttle
*Internet access if you have to work over the weekend
*Rental pool if you aren’t using your unit
Check out today’s inventory:
Displaying blog entries 801-810 of 1909
