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Mt. Hood Real Estate Blog
Liz Warren
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Displaying blog entries 611-620 of 1878
Cooper Spur Justus Cedar Lindal Log Home on Mt. Hood
Cooper Spur is located on the sunny side of the hill on Mt. Hood. Rarely available, Cooper Spur is a tucked away location only eleven miles from Mt. Hood Meadows. If you are tired of the traffic on highway 26 getting to the slopes, this is a great alternative.
Mt. Hood Fall Activities
Here are a couple of great hikes to see the fall colors on Mt. Hood. The huckleberry and vine maple along the Mirror Lake hike near Government Camp will put on a magnificent show.
Barlow Pass Road to Timberline Lodge on the Pacific Crest Trail will have great views at a higher elevation will be stunning.
Take the Salmon River Trail to view the fall salmon runs and spot fish.Another great spot to view salmon spawning is along Still Creek.
Mushroom season has started with the last recent rain. Be sure and get a permit at the Zig Zag Ranger station if you're heading into the forest to gather and know the restricted areas.
Pumpkin Time:
- Head out to Boring for Liepold Farm’s annual Fall Harvest Festival. They have a great selection of pumpkins and is the closest pumpkin patch to the mountain.
Mt. Hood Best Buy on the Market
Hit the breaks and get your starter home or second home before winter. This little gem is located in Timberline Rim close to all Mt. Hood activities. The home is packed with wooded charm from the blue pine walls to the wood floor. Open floor plan and vaulted ceilings are attractive features these days. Two bedrooms plus a loft over the kitchen that kids will love. Laundry area too. Amenities include common areas by the Sandy River, swimming pool and tennis court!
Super affordable at $229,950!
Home Prices: The Difference 5 Years Makes
CoreLogic recently released their Home Price Index Report. One of the key indicators used in the report to determine the health of the housing market was home price appreciation. CoreLogic focused on appreciation from July 2013 to July 2018 to show how prices over the last five years have fared.
The graph below was created to show the 5-year change in price from July 2013 to July 2018 by price range.
As you can see in the graph, the highest price appreciation occurred in the lowest price range with 48% growth, while the highest priced homes appreciated by 25%. This has been greatly fueled by the lack of inventory of homes available at the lower price ranges and high demand from first-time buyers looking to enter the market.
Where were prices expected to go?
Every quarter, Pulsenomics surveys a nationwide panel of over 100 economists, real estate experts, and investment and market strategists and asks them to project how residential home prices will appreciate over the next five years for their Home Price Expectation Survey (HPES).
According to the Q3 2014 survey results, national homes prices were projected to increase cumulatively by 19.5% by December 2018. The bulls of the group predicted home prices to rise by 27.8%, while the more cautious bears predicted an appreciation of 11.2%.
Where are prices headed in the next 5 years?
Data from the most recent HPES shows that home prices are expected to increase by 20.0% over the next 5 years. The bulls of the group predict home prices to rise by 31.2%, while the more cautious bears predict an appreciation of 9.3%.
Bottom Line
Every day, thousands of homeowners regain positive equity in their homes. Some homeowners are now experiencing values even greater than those before the Great Recession. If you’re wondering if you have enough equity to sell your house and move on to your dream home, let’s get together to discuss conditions in our neighborhood!
Displaying blog entries 611-620 of 1878
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