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Mt. Hood Real Estate Blog

Liz Warren

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Mt. Hood Home Buyers

by Liz Warren

If you're currently in a transaction in the Mt. Hood area, or starting one, and are getting an FHA, VA, USDA or conventional loan, you might be wondering what the current government shut down is doing to your loan and transaction. Read about NAR's summary of the delays for each loan and the impact it will have on your purchase. Which government services are having an impact on your loan?  The IRS and social security divisions are needed for many types of loans so this "might" cause delays. USDA loans are dead in the water. Current processing times for USDA are already three weeks out so this could cause even more of these loans to have long delayed closings!

Tuesday Morning Inspiration

by Liz Warren

Here's your morning inspiration for Tuesday. Hit the coffee below!

morning coffee

Salmon Spawing Along Still Creek near Rhododendron

by Liz Warren

You know it's fall on the mountain when the Salmon area spawning in area creeks and rivers. Check out these Salmon spawning along Still Creek. A great place for viewing is to take Road 20 to the bridge closure on Still Creek. Its an easy to watch location in shallow water along Still Creek. The Elk Park bridge that crosses the Salmon River just past the Resort at the Mountain golf course is another great location to catch fish migrating up the river.

August Sales Surge in the Mt. Hood Area

by Liz Warren

Summer buyers came out to take advantage of our high inventory of Mt. Hood homes and cabins for sale this year. Many second homes buyers realize that now is the time to buy that Mt. Hood getaway while interest rates are incredible and choices are many! Check out the stats for August from multiple listing service below:

      Mt. Hood Sales for August 2013

Pending sales during this month were up 50% from 2012 and a whopping 20 properties closed in August! That's definitely a record breaking month over the past five years. Now that the kids are back in school and skiers are thinking about snow the next surge of buyers should be flocking in. There's lots of inventory to choose from in all pricing points.

Skiers, get your Government Camp condo now before they area all gone!

Do your search here to see current inventory.

Sandy River Property Owners on Mt. Hood Informational Meeting

by Liz Warren

An informational meeting will be held on September 14th at the Resort at the Mountain for riverfront property owners and in particular the Sandy River to prepare for winter. Here are the details. The Sandy River stretches from LoLo Pass Road in Rhododendron, to Barlow Trail Road and converging in Brightwood with the Salmon River. Home and land owners along this corridor can attend this public workshop to learn how to live safely along this corridor.

Mt. Hood Flooding on Sandy River

Mt. Hood's 2013 Oregon Enduro Series Finals at Sandy Basin

by Liz Warren

The 2013 finals of the Enduro mountain bike series will be here the weekend of September 7th and 8th. Day one will be at the Sandy Basin Trail in Brightwood.  Bikers competing are some of the fastest riders in North America! The Sandy Basin mountain biking trail is nationally know among mountain bikers. It's the perfect compliment to the multitude of recreational opportunities on Mt. Hood

Details of this weekend's events and the Enduro Series

Mt. Hood Inspiration for Monday Morning

by Liz Warren

Looking for some inspiration this morning? Hit the coffee below to get your morning going.

Morning inspiration for Mt. Hood

Soaring Mt. Hood Sales For Summer 2013

by Liz Warren

The glorious summer and massive influx of visitors brought higher sales this July for the Mt. Hood area. Sixteen sales for Brightwood to Government Camp were posted in the multiple listing service.

Here's a break down of what sold this past month and the actual sales are listed below.

Condo sales took off, but mostly in Government Camp with four units selling, one Shadow Hawk unit closed in Welches.

Two Timberline Rim homes closed!

Two Mt Hood National Forest cabins were sold. Current inventory is large for cabins right now.

Two golf course homes were purchased with one at the Resort at the Mountain and the other on Fairway Avenue with an acre of land and killer view.

Five waterfront properties closed this month.

July 2013 real estate sales for Mt. Hood

July 2013 Sales for Government Camp, Welches, Rhododendron

 

July Mountain Sales Take Off

by Liz Warren

No misprint below. Yes, there were sixteen sales that closed in July! It's been a busy summer. There's lots of inventory to choose from. Our incredible summer weather has visitors and tourists flocking to the mountain. Take advantage of still low interest rates and buy your mountain getaway today.

        July 2013 Mt. Hood Real Estate Sales

CPFB-Consumer Protectoin Financial Bureau Lacks Transparency

by Liz Warren

The CPFB was created after the Wall Street implosion to help protect consumers from financial transactions including mortgages. In the process, strict mortgage qualifications were developed so loans that would be packaged were solid (no liar loans) and these loans were called Qualified Mortgages. If a qualified mortgage failed it would give the right to the consumer to sue the lender in the event of foreclosure.  These rules for qualified mortgages were written by the CPFB.

After the Qualified Mortgage package was passed in January 2013, the director of CPFB, Raj Date, left to "spend more time with his family" and several months later created an investment advisory company called Fenway Summer LLC to make loans to people who did not qualify for the "qualified mortgage". He also hired many former CPFB employees setting his company up to make billions in future loans.

The CPFB didn't raise any alarms at what happened in their own backyard. Read the letter from the Committee of Oversight on Government Reform and the Committee on Financial Services sent out July 31st. to the current chair of the department.

Look for further news on this story in the next several months.

Displaying blog entries 911-920 of 1881

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