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What sold properties closed on Mt. Hood in November 2015

Monday, December 14, 2015
by Liz Warren

Here are the fifteen sales for November 2015.


Mt. Hood real estate sales for November 2015

Mt. Hood National Forest cabin sales once again took off with four completed in November. It seems this year more cabins sold at the first half of the year, summer time slowed down and then fall picked up again. 

Five creek front and riverfront homes sold. Any waterfront properties are the top sellers in our area. Two distressed properties were closed for the month. Although rarely do we have any distressed sales on the mountain any more. One or two to creep into the market

Next month I'll have total numbers for 2015.

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Mt. Hood Real Estate Sales for November 2015

Sunday, December 13, 2015
by Liz Warren

The multiple listing statistics just came out for Mt. Hood sales for the month of November 2015. 

Mt. Hood Real Estate sales for November 2015

November stats show 15 closed sales with the number of pending sales down 20% compared to November 2014. In December we currently have 16 pending sales so with the traditional holiday slow down I expect sales numbers to be close to the same for December's closings. 

There's no doubt 2015 has been the best year we've had for sales on Mt. Hood since the crash of 2008! Interest rates will begin to inch. The reality of low interest rates over the past seven years is going to be a major wake up call for anyone who hasn't experienced historically normal rates of 7 or 8%. 

I'm optimistic about 2016. Usually when interest rates begin to rise more buyers hit the market to take advantage of lower rates so we are expecting increased activity for 2016. 

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