The Bottom of the Mt. Hood Area Market

Is this the bottom of the Mt. Hood area real estate market? We're seeing some cash buyers in the higher end and price range and lots of foreclosure purchases at the low end. Cash sales at the higher end and cash sales at the lower end  indicates investors and possibly more sophisticated buyers are taking advantage of opportunities and know the market is at the bottom and has no where to go but up. These real estate sales are not only in Government Camp,typically a higher priced market bustling with second homes, but include Welches, Rhododendron and Brightwood.

The QE2 policies of Bernanke have caused interest rates to shoot up. This has caused many buyers to fall out of the market who barely qualified at the super low rates we saw in most of 2010. Their qualifying ratios have bit the dust and these folks may be on the side lines until they save more or rates ease up if they do.

If you are looking for your opportunity to invest in a mountain property at what many term "THE BOTTOM OF THE MARKET" start your search today!

Search Mt. Hood Area Properties at the Bottom of the Market!

If you're not ready to purchase today but want to receive new listings by email so you know what's out there when you are ready, sign up for automated emails direct to your inbox from the Mt. Hood area. Insert your search criteria and if you want to get very specific, use the advanced search for Mt. Hood waterfront properties or log homes. Hit next at the sign up and you'll be directed to create a password. It's that easy!