Mt. Hood Market Information on Sales for January 2013
Friday, February 15, 2013
I believe I had a little whiplash from the drop in number of sales in January 2013 compared to the run up in the last six months of 2012! January totals came in at four sales. After months of 10 to 14 sales per month it appears new tax policy or the fiscal cliff put a big brake on the run up towards the end of the year causing a little downturn.
This chart from RMLS compares numbers from the same month one year ago. Most experts are saying that 2013 will be a big year for sales as any buyer who wants to take advantage of good rates needs to act right now. By the end of 2013 we could see an increase in rates of nearly 1%! If you are looking to purchase your Mt. Hood getaway, now is the time to act!