Mt. Hood Real Estate Sales Up 30% in 2012!
Check out the last ten years of Mt. Hood Sales. 2012 was the highest number of sales since 2007!
Liz Warren
Displaying blog entries 1021-1030 of 1919
Check out the last ten years of Mt. Hood Sales. 2012 was the highest number of sales since 2007!
Great news for Government Camp! A new restaurant, Glacier Haus Bistro, has opened in the “old” general store. Extensive remodeling to jazz the place up and adding the winning combo of Slava and Dasa Kropacek plus their son, Jerry Kropacek makes for a stellar restaurant combo. They’ve been open for business since Novermber. The building seats 45.
The menu sounds fantastic plus they have an expresso bar and make PIZZA! Hungry ski families have their dreams answered right in downtown Government Camp on Mt. Hood. This is a welcome addition to service the many travelers and vacationers who visit the Government Camp area and visit Mt. Hood in winter and summer.
December finished with a bang for Mt. Hood real estate sales in 2012! We finished out the fourth quarter with an astonishing 45 sales! Fourteen were credited for the last month of the year. Despite appraisal challenges and buyer and home qualifying issues the numbers speak for themselves.
Here are the fourteen winners in December!
Four sales in Government Camp led the pack with three Condo units including a luxury Grand Lodges unit selling for $367,000 and the other two were Collins Lake condos.
Only two foreclosure sales to report . There’s only four bank owned properties currently for sale! REO’s or bank owned properties are being usurped by loan modifications and short sales.
Short sales may dominate 2013 over foreclosures with an extension of the Homeowner’s Forgiveness Act just passing this month! Short sales made up 5% of the 2012 sales market.
Mt. Hood area real estate statistics are in for the 2012 selling season. There are some” good news” numbers to report! The biggest is that the average sale price is up 4.4% as reported by multiple listing service. More good news: total number of sales are up 30% over 2011.
As the built up existing inventory gets sold we will eventually see more stabilization in the market and hopefully a rise in prices.
December saw a big decline of 50% pending sales compared to last year. No doubt this was because of the uncertainty of the fiscal cliff talk and the holiday shopping sprees that occupied each weekend.
Government Camp homes and condos finally broke out of its slow down for several years. Eleven condos in Government Camp closed and many single family homes went out the door with nine total.
foreclosures are slowing nationally down to 20% of sales. Government Camp, Rhododendron, Welches and Brightwood had 28 bank owned sales and seven short sales. We’re 6% higher than the national average in distressed sales!
Continued low interest rates and plenty of inventories to purchase will make 2013 another block buster year for sales. Although qualifying and appraisals make this market challenging we are optimistic that these obstacles will be met.
It was a beautiful day on Mt. Hood with cool crisp weather and lots of sun to enjoy!
Highs were close to 32 in Welches but temperatures are going to dip this evening close to 20 degrees in Welches and down in the low teens for Government Camp! Locals know what that means,,,,potential frozen water pipes. Here are a few tips to prevent your pipes from freezing with these lower temperatures.
Two new properties just came on the market for Government Camp. One is new construction on Morrison Street. This three bedroom, two and a half bath home also has room for a 300 sq. ft. bonus area. Easy access to hiway 26 too! Built by Edison Homes. Just listed at $549,900.
Find all Government Camp Homes and Cabins
The second property to come on board is a lot in Alpenglade Park in the heart of Government Camp. The asking price is $249,000. This premier subdivision has some of the best homes in Government Camp including a large common area, streams that flow through the subdivision, plenty of guest parking and plowed roads of course.
Hit the coffee below for some Monday Morning Inspiration!
Happy New Year! Welcome to winter on the mountain and the end of many winter break vacations. Fortunately there is plenty of snow on the mountains and relatively easy driving conditions to get to the slopes. We are entering the time of the year for weekend warrior skiers who drive back and forth at the break of dawn and into the night to hit the slopes. Whether you’re on ski patrol or your kids are in lessons or participating in ski racing all squeeze up Highway 26 and after an hour plus of driving you finally get to your destination at Ski Bowl, Meadows or Timberline.
Just think how easy it would be to have a mountain getaway for your winter weekends instead of lining up and fighting road rage and ice all the way down the hill. Life’s short. A crackling fire and a glass of wine with friends sound a lot better than idling in line down to Portland all weekend. The most affordable alternative is a Condo or cabin down in the Welches and Rhododendron area. These can easily be found for under $200,000. If you’re a golfer, you can even purchase a condo, on the golf course at the Resort at the Mountain for under $150,000!
If you must be closer to Mt. Hood, then Government Camp will be your destination. Occasionally, homes may be found under $350,000 but they are rare to find. Another option, Collins Lake Condos which may be had for under $300,000! Winter swimming pool and hot tubs plus your own tandem garage make these condos an easy option and you can supplement your ownership by renting them out in the summer during the high demand vacation and summer ski season.
Check out many Mt. Hood real estate options in the links below. You just might find the solution to your weekend warrior seasonal stress reducer right here!
Government Camp Homes and Cabins Under $300,000
Government Camp Condos For Sale
Displaying blog entries 1021-1030 of 1919