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Liz Warren

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What closed on Mt. Hood in January

by Liz Warren

Sales are in from January 2014 for the mountain area. Good news on the higher priced end with four sales in the $300,000 range. More great news is that they were all in the Welches and Rhododendron area vs. Government Camp. This bodes well for this pricing point to start off the new year. Last year around 26% of sales were over $300,000 on the mountain with the majority of the higher end sales in Government Camp. 

Mountain sales hit the entire spectrum last month from subdivisions including the Resort at the Mountain, Timberline Rim, Zig Zag Village and one Condo at Fairway Estates. Only one forest service cabin closed.

Despite sub-freezing temperatures at the beginning of February and our resent monsoon rains, this President's weekend brought a huge crew up to the mountain to take advantage of the new snow. Better late than never! This week should be an exceptional one for skiers and boarders! 

 

Mt. Hood real estate sales for January 2014

 

 

Mt. Hood Real estate sales for January 2014

Mt. Hood January Real Estate Sales

by Liz Warren

Sales are out for January on the mountain. Considering we had tons of sun and accessibility was good, closed sales continued into January after an exceptional fourth quarter for 2013! Our pending sales are holding steady and up from last January. The total market time is still showing a high number of days reflecting that we are still working on older inventory that is moving. 

News stories abound on lack of inventory but the mountain still has plenty to choose from and we expect a robust year with new listings coming on the market as we head towards spring. Continued low rates make purchasing right now an exceptional time to buy a home. Most expert predict we will see a full percentage point increase by this time 2015. This could easily increase a payment by $200 per month!

 

         Mt. Hood Real Estate sales for January 2014 

Septic Tanks on Mt. Hood

by Liz Warren

Septic tank replacement and installation is something we deal with on a regular basis on Mt. Hood. Many of our properties were built in the 1930s and 1940s so the time is coming where a tank replacement or system replacement is coming due. 

Many of our cabins, including forest service cabins on leased lands, are used on a fairly limited basis.  Some owners use their cabins every weekend and others once a month. It’s not unusual at all to find 300 gallon septic tanks used with older septic systems.  

Today’s regulations have changed for septic tanks. DEQ requires new tanks to be at minimum 1000 gallon tanks. Check out the tank that was recently installed at one of my listings at the forest service.

                                   It does look like it’s as big as the outbuilding!

Septic tank on Mt. Hood National Forest
 

If you’re interested in what the current standards  for septic tank replacements are, check out the info Clackamas County is providing for 2014. Don’t forget, if you have a cabin in the Mt. Hood National Forest, your first step will be to contact the forest service and get permission first!

Salmon Riverfront Four Bedroom Home Just Listed

by Liz Warren

Location, location, location. This four bedroom home is located right on a branch of the Salmon River. The Salmon River is one of the most sought after rivers to purchase property. It flows through Welches, Wildwood Park and down to Brightwood where it empties into the Sandy River.

It boasts a huge great room with a floor to ceiling wall of windows that look out on the forest and the river. A cozy river rock fireplace highlights the living room and the open floor plan to the kitchen and dining area make a perfect gathering place for friends and family. Sit out on the deck and watch the river flow by on your junior acre just down the street from the Mt. Hood National Forest. Hikers will love this location. Skiers will enjoy the short drive to premium ski areas. Mountain bikers have access to trails and the new Sandy Basin Park for nationally known mountain biking trails.

Plenty of room to sleep a bunch at this home. $440,000

   Salmon River Four Bedroom Home for SaleSalmon Riverfront Four bedroom home

More information on 69355 E. Island Road Welches Oregon

 

View all Mt. Hood Waterfront properties currently for sale.

 

 

 

Top Ten Reasons To Hire A Real Estate Agent

by Liz Warren
                   Top 10 Reasons To Hire A Real Estate Agent - Infographic
 
 
 
 

 

 

 

 

Tuesday Morning Inspiration

by Liz Warren

Hit the coffee below for your Mt. Hood Inspiration.

December Sales Take off in 2013

by Liz Warren

A fantastic year for real estate on Mt. Hood brought a strong finish for December with fifteen sales last month. Four forest service cabins closed and a couple with unbelievable prices under $60,000! Three manufactured homes changed hands, two condos-both in Fairway Estates at the Resort at the Mountain, and two Government Camp properties. 

Calls are coming in from sellers now gearing up for the 2014 selling season. It should prove to be another great year on the mountain with lots of bargains to be had and continued low interest rates. All predictions are that by the end of the year rates will be up an entire percent as the Feds continue to "TAPER" the pumping up of the economy. Now is the time to buy.

 

         Mt. Hood real estate Sales for December 2013

        Mt. Hood Real Estate sales

       Mt. Hood Real Estate Sales for December 2013

Mt. Hood December Sales Soar

by Liz Warren

December sales rounded off the year with 15 closings for the month! This brought the mountain sales totals for 2013 up to 156 sales. We are happy to see these numbers after climbing out of the slow recovery on the mountain since the bubble times. 

Mt. Hood Real Estate Sales for December 2013

 

You can tell by December's numbers with pending sales up 180% from a year ago that things are improving in our area. Last December was a bit bleak compared to this year. Don't be deceived by the average sales price change of 13.7% for the mountain. Due to some higher end sales, mostly in Government Camp, this number is eschewed to make things a bit rosier than they are for Welches, Rhododendron and Brightwood. The lagging Government Camp market has seen some life in the embers and it's reflected in this chart.

January looks as promising as December. Despite the lack of snow, accessibility for showing homes is exceptionally good for this time of year and many buyers are out to make their purchase now before interest rates climb and purchasing power will be affected. Acting now before rates go up, which are predicted to be nearly a whole point by the 4th quarter would be a good move!

Happy New Year and a little Mt. Hood Inspiration

by Liz Warren

Hit the coffee below for some Mt. Hood Inspiration

Mountain Sales Statistics for the Month of November 2013

by Liz Warren

November continued the pace of  high numbers of closed sales in the Mt. Hood area. Continued optimism about the economy and improving employment numbers has brought more buyers to the table this fall. Projected interest rate increases upon the horizon has also been a motivating factor for many buyers I've worked with. Year end numbers will be arriving after the first of the year to gain perspective on how this year has likely been the best in the past five!

 RMLS sales chart for November 2013

 

 

Displaying blog entries 881-890 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