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Mt. Hood Real Estate Blog

Liz Warren

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Mt. Hood Area Distressed Sales

by Liz Warren

You may think foreclosures and short sales have gone to the wayside in today's active market but surprisingly, although fewer are on the market these days, there are a few here and there. Take a look at the Portland metro market area. Nearly 11% of first quarter closed sales in Portland metro were either bank owned or short sales. 

Distressed Sales for Portland Metro for First Quarter 2016

The Mt. Hood area also has a few short sales and foreclosures in the market. Here is activity for Government Camp, Welches, Rhododendron and Brightwood for the first quarter foreclosures only.

2016 Mt. Hood Foreclosures for sale, pending and closed

Short sales are listed below for the first quarter on the mountain.

Mt. Hood short sales for first quarter 2016

 

Mt. Hood March Sales!

by Liz Warren

March sales on the mountain poured in with sixteen properties closing! A huge variety from Government Camp to Brightwood including ski homes, starters, waterfront getaways and permanent homes. Pricing points of under $250,000 are the fastest moving in today's market.

Currently there are 47 residential properties for sale with two thirds of them over $300,000! We haven't seen inventory with this pricing point dominating our market in a very long time.

Here are the March sales for 2016

Mt. Hood March 2016 sales for Government Camp, Brightwood, Rhododendron and Welches

 

Hit the brakes and take a good look at this new property that just hit the market in Timberline Rim, a riverfront community along the Sandy River. This hard to find one level home boasts three bedrooms and two baths with an attached two car garage. A large sunny deck is right off the family room slider. Big Bonus: brand new roof and carpet installed in 2015!

Open floor plan with living room, dining room and family room. The kitchen features built ins and a breakfast bar. Both bathrooms have skylights too. Cozy up to the wood stove in the family room. Easy care landscaping because there's no lawn! 

This is the perfect starter or retirement home, or vacation getaway. With amenities of pool and tennis court, community lodge, and recreational opportunities from skiing, hiking in the Mt. Hood National Forest, mountain biking or golf, you can't beat this location. Offered at $235,000

Lupine Drive in Timberline Rim, one level home       Lupine Drive in Timberline Rim Back Deck

More Details on 64644 E LUPINE DR. Rhododendron Oregon

The Bite on Mt. Hood is Today!

by Liz Warren

    2016 The Bite of Mt. Hood at the Resort at the Mountain

Details

March Mt. Hood Real Estate Sales Are Up!

by Liz Warren

 

RMLS has just released sales for March of 2016 showing sales surged for the Mt. Hood area. Many buyers are moving to the area plus vacation home purchasers are on the increase as minimal inventory is creating multiple offers on many properties.   

           Mt. Hood Real Estate Sales Statistics for March 2016

Compared to 2015 sales are up nearly 82% for March showing buyers are taking advantage of an improving Oregon economy and still low interest rates! Sixteen sales closed showing a strong first quarter finish. Compared to 2015 the first three months pending sales are up 63%. It's taking just over three months for marketing time as an average over all pricing points. 

Although we are not at the PDX frenzy point yet, many buyers need to be ready to jump right in if they see the property they want because they can go quickly.

Jr. Acre with Small Home in Gated Community

by Liz Warren

Hit the brakes, here's a great location in the Mt. Hood Cascades with a jr. acre of land that's level and usable. Located in Arrah Wanna Estates on a private gated road, this home is "like new" and in great condition. It's a starter home or vacation getaway. Three bedrooms and two baths with skylights and lots of windows for natural light. Tall ceilings in the living room with a slider to the big deck on the back for entertaining. An outbuilding can either be a shop or convert back as a garage. 

Only a couple minutes from the Resort at the Mountain in Welches for 27 holes of golf, or 20 minutes to the slopes of Mt. Hood for premium skiing. It's a quick drive to Portland which is only an hour away.  Asking $265,000

Crystal Creek Road Home in Gated Community on Mt. HoodBrightwood Oregon 3 Bedroom Home with Outbilding on Jr. Acre

            More details on this Mt. Hood Home            

Mt. Hood "Hidaway Inn" 1935 Cabin New on the Market

by Liz Warren


This charming cabin built in 1935 was called the Hidaway Inn by the original owners. Hand built about 80 years ago the cabin has wood floors, log beams in the living room a bedroom on the main level and a sleeping loft upstairs. The fireplace was made from stones brought down from Mt. Hood. Skylights bring lots of light into the main living area. The bathroom has been remodeled and has a washer and dryer too. A huge garage and shop are also on the property which is nearly a half acre. The current owner's son, a stone mason built the patio off the back with stone benches and circular bricks. The seller has a nice garden in the back yard. 

This would make a great home for a couple or a vacation home close to all Mt. Hood activities. It's not that far from the Salmon River and a quick drive up the mountain for skiing. 

 $247,500

Mt. Hood Hidaway Inn in Brightwood Oregon   Mt. Hood 1935 Cabin in Brightwood Oregon

Mt. Hood Classic 1935 Cabin in Brightwood, Oregon on Half Acre   Hidaway Inn in Brightwood on Half Acre

Details on the Hidaway Inn in Brightwood Oregon

 

Walk and Bike Plan for the Villages at Mt. Hood

February 2016 Sales on Mt. Hood

by Liz Warren

 

February saw eight closed sales  for 2016. Two mobile homes at Mt. Hood RV Village, two Government Camp condos at Collins Lake and one Shadow Hawk Condo in Welches rounded out the month. Twenty six sales are pending so I suspect the numbers to increase substantially for March and April. Spring is in the air and sellers are tidying up their properties to bring to market. All indicators are pointing to  a busy year for the Mt. Hood market. 

Real Estate Sales on Mt. Hood for February 2016

February Market Stats from RMLS o the Mt. Hood Area

by Liz Warren

Here are the numbers for February 2016 sales and listings recently released from RMLS. Inventory increased by 23 properties for the month and pending sales were up a whopping 77.8% compared to the same time in 2015. This shows buyers are out early this year with minimal properties available and increased demand. The market time is reduced for this past month down to 73 days. Since the start of the year pending sales are up 45% from last year. Homes under $250,000 are seeing bidding wars.

One challenge for today's conventional home sales are getting appraisers to come to our area. Since we are not a cookie cutter community of homes many appraisers find the mountain more work, charge higher fees, and some turn down the jobs completely delaying the process. Getting to the thick of spring and summer hopefully will not delay our closings because of this but it potentially could. 

    Mt. Hood Real estate sales for Februrary 2016

 

Displaying blog entries 751-760 of 1880

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Liz Warren
Merit Properties Group - Keller Williams Realty PDX Central
Box 131
Welches OR 97067
Direct: 503-705-3090