Timberline Rim has seen more than their share of foreclosures popping up last year and this year. April sales 2010 for Mt. Hood saw three of these foreclosures in the Rim close.

 

Timberline Rim Foreclsoures

First American Core Logic, who tracts the impact of foreclosures and short sales on neighboring homes, shows their tracking over the past four years below. You can see the distressed sales and foreclosures are selling around 35% less than nondistressed sales.

Mt Hood distressed sales discounts