The Multiple Listing service has published their numbers for the Mt. Hood area November statistics. The good news is that compared to this time in 2008, sales are up 55%. The devastation of the stock market crash took its toll on real estate sales as shock set in and credit tightened.

Many sellers "tried" to sell this year with 312 properties for sale but only 91 have been successful so far. Marketing times are longer with an average for the November sales at 131 days.

Mt. Hood has plenty of great inventory for sale with the best interest rates for purchase. Predictions are that they will remain low through the beginning of 2010. The first time home buyer market will drive the majority of sales for the first half of 2010. If you wish to talk about the current market and where it's going, give me a call or shoot me an email.