Category Archive: Hood River Real Estate

2634 Sierra Ln, Hood River, Or. 97031 RMLS#11294935

Well Priced, new 3 Bd home – $259,000.00
Main Photo
Bedrooms: 3
Bathrooms: 3.5
Year Built: 2011
Lot Size: .07 Acres
Garage Size: 2 Car
Square Footage: 1658
Agent Name: Bill Irving
Broker: Maui Meyer
Price: $259,000.00
Additional Pricing Information: Two additional homes priced at $239,000: 209 Selkirk Ln, 2634 Sierra Ln
229 Selkirk Ln
Hood River, OR 97031
Here’s your chance to own a brand new home. The Village at Rand Hill has lots of room and features for the price as well as Mt Adams and Underwood Mountain views. The 3 bedroom / 3.5 bath floorplan works well for a family home, a vacation getaway, as well as a rental. Work with builder during construction to pick finishes and colors and be in your home by summer.
Bill Irving
bill@copperwest.com
503.816.9251

Powered by vFlyer.com Equal Housing Opportunity VFLYER ID: 4064303
All information in this site is deemed reliable but is not guaranteed and is subject to change

209 Selkirk Ln, Hood River, Or. 97031 RMLS#11458172

Well priced, new 3 bedroom home – $239,900.00
Main Photo
Bedrooms: 3
Bathrooms: 3.5
Year Built: 2011
Subdivision: Rand Hill PUD
Lot Size: .05
Garage Size: 1 car
School District: Hood River
Square Footage: 1495
Agent Name: Bill Irving
Broker: Maui Meyer
MLS #: 11458172
Price: $239,900.00
Additional Pricing Information: Additional homes priced at $264,900: 239 Mt Rainier Lp, with 2 car garage and 1658 sq ft. and $239,900: 2550 Sierra Ln with 1 car garage and 1495 sq ft.
209 Selkirk
Hood River, OR 97031
  • Range/Oven
  • Dishwasher
  • Fireplace
  • Community green space
  • decks on all 3 levels
Here’s your chance to own a brand new home. The Village at Rand Hill has lots of room and features for the price as well as Mt Adams and Underwood Mountain views. The 3 bedroom / 3.5 bath floorplan works well for a family home, a vacation getaway, as well as a rental. Work with builder during construction to pick finishes and colors and be in your home in several months.
Bill Irving
bill@copperwest.com
503.816.9251

Powered by vFlyer.com Equal Housing Opportunity VFLYER ID: 3955001
All information in this site is deemed reliable but is not guaranteed and is subject to change

229 Selkirk Ln, Hood River, Or. 97031 RMLS#11399394

Well Priced, new 3 Bd home – $259,000.00
Main Photo
Bedrooms: 3
Bathrooms: 3.5
Year Built: 2011
Lot Size: .07 Acres
Garage Size: 2 Car
Square Footage: 1658
Agent Name: Bill Irving
Broker: Maui Meyer
Price: $259,000.00
Additional Pricing Information: Two additional homes priced at $239,000: 209 Selkirk Ln, 2634 Sierra Ln
229 Selkirk Ln
Hood River, OR 97031
Here’s your chance to own a brand new home. The Village at Rand Hill has lots of room and features for the price as well as Mt Adams and Underwood Mountain views. The 3 bedroom / 3.5 bath floorplan works well for a family home, a vacation getaway, as well as a rental. Work with builder during construction to pick finishes and colors and be in your home by summer.
Bill Irving
bill@copperwest.com
503.816.9251

Powered by vFlyer.com Equal Housing Opportunity VFLYER ID: 4064303
All information in this site is deemed reliable but is not guaranteed and is subject to change

3931 Blackberry Dr., Hood River, Or. 97031 *EXPIRED* RMLS#11165248

Westside comfort and space – $415,000
Main Photo
Bedrooms: 3
Bathrooms: 2.5
Year Built: 2000
Lot Size: 1.25 acres
Square Footage: 2322
Agent Name: Maui Meyer
Broker: Maui Meyer
MLS #: 11165248
Price: $415,000
3931 Blackberry Dr
Hood River, OR 97031
  • Range/Oven
  • Full Refrigerator
  • Microwave
  • Kitchen Island
  • Pantry
  • Deck
  • Out Building
Spacious Tri- wide manufactured home on Flat cleared 1.25 acres in Hood River’s westside. Zoned R1-7000 property, inside UGB and adjacent to Willow Ponds. Occupy the 4 bed 2.5 bath home now and/or investigate the options for either city or county development of the property. Home offers additional value.
Maui Meyer
maui@copperwest.com
541-490-3051

Powered by vFlyer.com Equal Housing Opportunity VFLYER ID: 4064281
All information in this site is deemed reliable but is not guaranteed and is subject to change

304 Oak St., Hood River, Or. 97031 RMLS#11060808

Great Investor Opportunity, Downtown Commercial – $1,470,000
Main Photo
Square Footage: 7690
Zoning: C2
Broker: Bill Irving
Floors in Bldg: 2
Price: $1,470,000
304 Oak St
Hood River, OR 97031
Your chance to own a historic piece of downtown Hood River. This First National Bank building has been renovated and is on the Historic Register. Sale is for first and second floor of the building and includes five tenant spaces with 100% occupancy and good leases in place. Priced at an 8% cap rate for easy investor purchase. Sale subject to completion of partition.
Bill Irving
bill@copperwest.com
503.816.9251

Powered by vFlyer.com VFLYER ID: 4064231
All information in this site is deemed reliable but is not guaranteed and is subject to change

Hood River Real Estate Market Update February 2011 ~ The View From Here

Welcome to January, where the snow falls, and……well wait a minute, I don’t think we’ve had much snow this year, and I’m noticing the buds forming……looks like an early spring. (Just jinxed it)

Our lovely Real Estate market is in interesting shape. It’s struggling along, and inventory seems to be dropping…..prices dipped there for the last few months, and there was a considerable amount of restructuring on some properties, and viola! New pricing, and forward progress. Only thing is, there’s nothing behind that, except a raft of homeowners who are not interested in selling their homes….thus….Floor.

…Or at least I think so. The phones been ringing with Sellers, but it’s lighter than last year, to be sure. I was pondering the overall market for the coming year, and I actually think we will have a slightly WORSE year in terms of total dollar amount. My best guess is pricing will firm, but volume will drop. I’m guessing that this year will be 3-5% lower in terms of dollar volume, with reasonable signs of recovery late in the year….

It’s still a good time to get after some property, Rental rates are….well they are insane. I’ve heard people quote, with a straight face, $1,900 a month for a place downtown. It just rented. For a year.

Now, that might not sound like a lot to many of our readers, but in Hood River, that’s creating some pain, because of the makeup of our workforce. There’s a critical need to keep our workforce in place here, (because of the commuting distance and costs) but many workers are being driven out due to the cost of housing. It’s a constant problem in this community, and this year, especially for the summer crew, it will be acute.

Take a look at the video this month, for a few more observations. Spring is in its earliest phases, and it couldn’t come soon enough! See you next month!

12 Mosier Creek Pl, Mosier, Or 97040 RMLS#11324725

River View Loft – $182,500
Main Photo
Bedrooms: 1
Bathrooms: 1
Parking Spaces: 1
Year Built: 2007
Located on Floor #: 2
Floors in Bldg: 2
Square Footage: 772
Agent Name: Hunter Lowery
Broker: Maui Meyer
MLS #: 11324725
Price: $182,500
Homeowner Dues: 163/mo
12 Mosier Creek Place
Mosier, OR 97040
  • Range/Oven
  • Full Refrigerator
  • Dishwasher
  • Sink Disposal
  • Microwave
  • Exercise Room
  • Outdoor Pool & hot tub
  • Bamboo Floor
  • Guest Parking
  • Deck
  • Porch
Turnkey contemporary view loft. Spectacular Columbia River views, LEED H certification and solar technology. Low-maintenance upstairs end unit. Hot tub, pool, and work out room in common area. Walk to Mosier entertainment and river launch site. Well valued, low maintenance gorge getaway.
Hunter Lowery
hunter@copperwest.com
541.490.5917

Powered by vFlyer.com Equal Housing Opportunity VFLYER ID: 4025497
All information in this site is deemed reliable but is not guaranteed and is subject to change

392 Wyers, White Salmon, Wa 98672 *SOLD* RMLS# 11685530

Classic Craftsman, Inspiring Mt. Hood View – $299,000
Main Photo
Bedrooms: 3
Bathrooms: 2
Year Built: 1910
Garage Size: 1
Square Footage: 1626
Agent Name: Bill Irving
Broker: Maui Meyer
MLS #: 11685530
Price: $299,000
392 Wyers
White Salmon, WA 98672
  • Range/Oven
  • Full Refrigerator
  • Dishwasher
  • Sink Disposal
  • Pantry
  • Grass Lawn
  • Deck
  • Covered Patio
Enjoy the sun and mountain view from this 3 bedroom / 2 bath craftsman in downtown White Salmon. This open floorplan which is great for entertaining spills out onto a large south-facing deck and yard. Updates include kitchen, baths, and a new detached single car garage/shop. Lots of room for gardening and more on this corner lot just few blocks from downtown.
Bill Irving
bill@copperwest.com
503.816.9251

Powered by vFlyer.com Equal Housing Opportunity VFLYER ID: 3991692
All information in this site is deemed reliable but is not guaranteed and is subject to change

Baseline Rd., Parkdale, OR. 97041 *Price Reduced* RMLS#8100346

Parkdale corner lot w/ Mtn view – $104,000
Main Photo
Acreage: .42
Zoning: R1
Sewerage: Yes
Water: Yes
School District: Hood River County
Agent Name: Judy Dutcher
Broker: Maui Meyer
MLS #: 8100346
Price: $120,000
Additional Pricing Information: Nov 28, 2011 – Price Reduction of $16, 000!
5000 Baseline Road
Parkdale, OR 97041
  • Power Available
Looking for a building lot? This corner lot in Parkdale is almost 1/2 acre, w/ a flat suitable home site. Trees could be cut to improve the Mt Hood view or kept to provide privacy. Utilities are available. In town & close to McIsaac’s store, school, tennis courts, biking, hiking & Hwy 35. Stop by the lot @ 5th & Baseline & visualize your new home adjacent to the nearby creek.
Judy Dutcher
judy@copperwest.com
541.490.6327

Powered by vFlyer.com Equal Housing Opportunity VFLYER ID: 1962202
All information in this site is deemed reliable but is not guaranteed and is subject to change

Hood River Real Estate Market Update January 2011 ~ The View From Here

Sorry to have been out of touch. End of year craziness, and the market is slow….. November Market Action is out, and it paints a somewhat bleak story. The First part of my thesis about our market has scored about a “C” which was, that we were at the bottom of the trough….November’s numbers are a touch harsher than my version of the future, and the other side of the “bathtub” seems a touch father away, especially with rates creeping. This isn’t the permanent creeping I think may return at some point, I think this is artificial. Either way, the impact is chilling.

I’m still hoping for the extra credit question to save me on the first part, which proves that I may not be exactly accurate, but I’m not entirely wrong…. but only spring will show us that. Inventory has swollen, and the buyers are still waiting for the other shoe to drop….I will say, however, that some areas are pulling great comparable sales….over $700,000 is one of those ranges….But I digress.

The last few weeks of the year are spent making sure the New Year is a success. We at CopperWest have had a very good year. Still tough, to be sure, but compared to last year, pretty good. We are very gratefull for all your support, and comments through the year, and we look forward to 2011 as being a year of recovery, such as it were.

And now, for something fun. :) Enjoy!

1 E State St., Hood River, OR. 97031 * SOLD* RMLS# 9045245

Modern Downtown town homes – $369,000.00
Main Photo
Bedrooms: 3
Bathrooms: 2.5
Year Built: 2009
Garage Size: 1 car garage
School District: Hood River County
Square Footage: 1928
Agent Name: Bill Irving
Broker: Maui Meyer
MLS #: 9048681
Price: $369,000.00
Additional Pricing Information: Unit # 1 $319,000 Unit # 3 and 5, $369,000
5 East State Street
Hood River, OR 97031
  • Range/Oven
  • Full Refrigerator
  • Dishwasher
  • Sink Disposal
  • Microwave
  • Hardwood Floors
  • Patio
  • Deck
New Price Seller is motivated to sell these newly completed town homes. Bridge Street Lofts will suit your desire to have a low maintenance Immediate access Hood River experience! With River views from All levels, the Bridgeview lofts are one of a kind. Well proportioned, and thoughtfully constructed, this set of five units offer all the best of Hood River, with none of the hassle. Take a tour, and see yourself enjoying Hood River Today.

New prices- Unit#1 $319,000 Unit@ 3,5, $369,000,

Presented by Copper West Properties
Bill Irving
bill@copperwest.com
503.816.9251

Powered by vFlyer.com Equal Housing Opportunity VFLYER ID: 3994020
All information in this site is deemed reliable but is not guaranteed and is subject to change

Mosier Creek Pl. # 18, Mosier, Or. 97040 RMLS #11462576

Modern Living in the Gorge – $265,725
Main Photo
Bedrooms: 2
Bathrooms: 2.5
Parking Spaces: 2- carport
Year Built: 2007
Square Footage: 1554
Agent Name: Bill Irving
Broker: Maui Meyer
MLS #: 11462576
Price: $265,725
Additional Pricing Information: Additional unit available- $175,000: smaller 1 bed, 1 bath, unit #7. Contact Listing agent for site map.
Homeowner Dues: yes
#18 Mosier Creek
Mosier, OR 97040
  • Range/Oven
  • Full Refrigerator
  • Washer/Dryer
  • Dishwasher
  • Sink Disposal
  • Microwave
  • Bamboo Floors
  • Patio
  • Hot Tub
  • Guest Parking
  • Exercise Room
  • outside storage unit
  • Pool
High Performance Housing/Small Town Lifestyle: New 2 BD/ 2.5 BA Condo with THE spectacular Columbia River view. Not only is this unit beautiful inside & out but LEED-H construction means this unit is friendly on the environment as well as the pocketbook. Solar electricity & hot water too! Enjoy the low maintenance living, the outdoor pool and an average of 202 days of sun/year.
Bill Irving
bill@copperwest.com
503.816.9251

Powered by vFlyer.com Equal Housing Opportunity VFLYER ID: 1206991
All information in this site is deemed reliable but is not guaranteed and is subject to change

Mosier Creek Pl. # 20, Mosier, Or. 97040 RMLS # 8097607

Modern Living in the Gorge – $249,000
Main Photo
Bedrooms: 3
Bathrooms: 2.5
Parking Spaces: 2- carport
Year Built: 2006
Square Footage: 1554
Agent Name: Bill Irving
Broker: Maui Meyer
MLS #: 8097607
Price: $249,000
Additional Pricing Information: Additional units are available- 2 bed units and smaller 1 bed units also available. Contact Listing agent for site map and pricing.
Homeowner Dues: yes
#20 Mosier Creek
Mosier, OR 97040
  • Range/Oven
  • Full Refrigerator
  • Washer/Dryer
  • Dishwasher
  • Sink Disposal
  • Microwave
  • Bamboo Floors
  • Patio
  • Hot Tub
  • Guest Parking
  • Exercise Room
  • outside storage unit
  • Pool
High Performance Housing/Small Town Lifestyle: New 2+ BD/ 2.5 BA Condos with THE spectacular Columbia River view. Not only are these units beautiful inside & out but LEED-H construction means these units are friendly on the environment as well as the pocketbook. Solar electricity & hot water too! Prices are between $299k-389k.
Enjoy the low maintenance living, the outdoor pool and an average of 202 days of sun/year.


Presented by Copper West Properties
Bill Irving
bill@copperwest.com
503.816.9251

Powered by vFlyer.com Equal Housing Opportunity VFLYER ID: 1206991
All information in this site is deemed reliable but is not guaranteed and is subject to change

416 E 3rd St., Hood River, Or. 97031 *Sold* RMLS# 10089687

Duplex- in downtown Hood River – $360,000
Main Photo
Units: 2
Bedrooms: 5
Bathrooms: 4.5
Year Built: 1989
Parking Spaces: 3
Square Footage: 2545
Lot Size: .11
Floors in Bldg: 2
Broker: Maui Meyer
Agent Name: Maui Meyer
MLS #: 10089456
Price: $360,000
416 and 418 E. 3rd St.
Hood River , OR 97031
  • Guest Parking
  • Fireplace
  • Refrigerator
  • Stove/Oven
  • Washer/Dryer
  • Deck
On the hill, above the eastside of downtown is a 2 unit duplex with a rental history. Use as a family compound, your home or rent 1 or both. West unit has 3 bed/2.5 baths,1491 sq ft. a deck, great river view and an oversized single car garage. This unit has master bath and walk-in closet. East unit has 2 Bedrooms/ 2.5 baths, 1054 sq ft. deck & view as well. These units are currently in the vacation rental pool. Built in 1989, they are comfortable & fully furnished w/ all appliances. Easy walk to the stairs and downtown to enjoy restaurants and nearby recreation.

Presented by Copper West Properties
Maui Meyer
maui@copperwest.com
541-490-3051

Powered by vFlyer.com VFLYER ID: 3888417
All information in this site is deemed reliable but is not guaranteed and is subject to change

416 E 3rd St., Hood River, Or. 97031 *SOLD* RMLS# 10089456

Duplex- in downtown Hood River – $360,000
Main Photo
Units: 2
Bedrooms: 5
Bathrooms: 4.5
Year Built: 1989
Parking Spaces: 3
Square Footage: 2545
Lot Size: .11
Floors in Bldg: 2
Broker: Maui Meyer
Agent Name: Maui Meyer
MLS #: 10089456
Price: $360,000
416 and 418 E. 3rd St.
Hood River , OR 97031
  • Guest Parking
  • Fireplace
  • Refrigerator
  • Stove/Oven
  • Washer/Dryer
  • Deck
On the hill, above the eastside of downtown is a 2 unit duplex with a rental history. Use as a family compound, your home or rent 1 or both. West unit has 3 bed/2.5 baths,1491 sq ft. a deck, great river view and an oversized single car garage. This unit has master bath and walk-in closet. East unit has 2 Bedrooms/ 2.5 baths, 1054 sq ft. deck & view as well. These units are currently in the vacation rental pool. Built in 1989, they are comfortable & fully furnished w/ all appliances. Easy walk to the stairs and downtown to enjoy restaurants and nearby recreation.

Presented by Copper West Properties
Maui Meyer
maui@copperwest.com
541-490-3051

Powered by vFlyer.com VFLYER ID: 3888417
All information in this site is deemed reliable but is not guaranteed and is subject to change

*Price Reduction* 2727 W. 7th St. The Dalles, Or 97058 MLS#10086874

Profitable Theater Business for sale – $2,350,000
Main Photo
Total Square Footage: 14,000
Lot Size: 2.59 acres
Property Type: commerical
Year Built: 1996
Property ID: 10086874
Broker Name: Bill Irving
Parking: 174
Price: $2,350,000
2727 W 7th St
The Dalles, OR 97058
  • Fire Protection System
  • ADA accessibility
  • Office
  • Forced Air heat
  • Parking Lot
  • Corner location
So you want to be in Movies? This is a great opportunity to own a well managed and profitable 4-plex theater business in the Dalles, Oregon. This is the only movie theater in the Dalles area and serves a trade area of 27,000. Sale includes business, real estate and equipment. Adjacent parcel also available.
Bill Irving
bill@copperwest.com
503.816.9251

Powered by vFlyer.com VFLYER ID: 3757223
All information in this site is deemed reliable but is not guaranteed and is subject to change

806 State St., Hood River, Or. 97031 *CANCELLED* RMLS# 10084665

Light and Bright Town Home on State St. – $300,000
Main Photo
Bedrooms: 3
Bathrooms: 2.5
Year Built: 2001
Lot Size: .06
Garage Size: 1
School District: Hood River
Square Footage: 1638
Agent Name: Maui Meyer
Broker: Maui Meyer
MLS #: 10084665
Price: $300,000
806 State St
Hood River, OR 97031
  • Range/Oven
  • Full Refrigerator
  • Dishwasher
  • Microwave
  • Basement
  • Washer & Dryer
  • Patio
Townhome on State St. Enjoy the light & bright interior of this 3 bedroom 2.5 bath home at 1600+ sq ft. The open floor plan is comfortable for family & friends. Master bedroom w/ bath & closet, large utilty room to small outside deck, large unfinished basement for storage & oversized 1 car garage. Enjoy the peek river view & easy walk to downtown.
Maui Meyer
maui@copperwest.com
541-490-3051

Powered by vFlyer.com Equal Housing Opportunity VFLYER ID: 3756475
All information in this site is deemed reliable but is not guaranteed and is subject to change

Hood River Real Estate Market Update November 2010 ~ The View From Here.

September Market Action is out…… It’s on the front page of www.copperwest.com or click here.

It’s been a mixed month for us, but some big properties have suddenly moved. All out of town too. Lots of things that went pending in the Summer are scheduled to close, and I’ve noticed a few of them have come back on the market after a sale fail. Not many, but certainly a few. Higher than average, but not enough to be a trend.

Other properties are closing at pretty intense discounts……A recent highline property sold for $408,000 is very low, (Last list was in the $510,000 range) but some land off of dry creek in Mosier, posted a really good price. There are definitely a lot of sales specific to the Owner’s financial conditions, not the inherent value of the property…..

Even with that, It does feel like things are firming up under the market. Of course, as soon as I say that, the foreclosure mess comes to a head, and things get thrown into doubt….
….and a few words about that issue…. While everyone seems to be looking at the process, which the banks rightfully are dismissing as “technical errors” what was being missed in the whole discussion (though not anymore) is this:

Once you have cast doubt on a part of the process chain, (in this case, the far end of the process, the foreclosure process) it opens up a line of inquiry into the entire process. Once you start looking a little closer, you start to see that in fact, there were similar errors, and systemic ones at that, that occurred at the near end of the process, when the loans were originated, and then again when they were syndicated and securitized.

Now, as an investor, looking at large losses, wouldn’t you want the person who sold you that large loss to take it back? Yep, I bet you would. But you can’t, unless you prove that the process that brought the loan to you in the first place was flawed, or worse, fraudulent.

But you couldn’t do that, because no one was listening, until last week.

Now, you, and 50 state Attorney Generals are going to look a lot closer at the process, and soon, some of those banks are going to be taking bad loans back onto their balance sheets. Very soon. Any they aren’t the “extend and pretend” type loans either, they are fully ripe, “can’t-ignore-it-the-auction-has-been-scheduled,” type loans.

WHAT pray tell, does that mean to Hood River Real Estate? Incredibly, probably not much, except it will continue the uncertainty and fear that has been pervasive in this market. That keeps people on the fence, and if you are on the fence, you are not buying a house. It will most certainly have a dampening effect on price increases.

(And you knew this was coming) Now, however, while prices are low, fewer people can convert out of their properties, leading too……lower inventory, and increasing demand relative to supply and……well, call me next spring and I’ll tell you how it comes out.

But seriously, inventory is dropping (partly seasonal, partly sell-through, to be honest) Our unemployment is…..wait for it…..7.9% and there are jobs on the horizon. And more than a few at that.

Contractors are busy as well. Even with all the mess and uncertainty, It is a recovery, but it sure won’t feel like one….. And I don’t know how good you can feel while things are getting better, but you are still stuck in the middle of a minefield.

I do have to say, however, I’d rather be here than any place else in the US right now. It’s stable, its safe. Things are tough, but it doesn’t take much looking around to realize that the Northwest may not post the best numbers according to nationwide stats, but it is, on the whole, a load better off than other places. (for those of you who insist I name another region, I’ll say “Great Lakes” but I could just as easily say, Arizona, Nevada, California Inland Empire or Florida….)

Do I type that every month? Or is it only once every couple of months?

That’s it for now. Keep it together everyone. Thanks for reading and we’ll see you next month!

3601 SW River Parkway, Portland, Or. 97239 CANCELLED* RMLS# 10080583

Cool contemporary loft in South Waterfront area – $217,000
Main Photo
Bedrooms: 1
Bathrooms: 1
Parking Spaces: 1
Year Built: 2006
Located on Floor #: 6
Floors in Bldg: 31
Square Footage: 770
Agent Name: Judi Bost
Broker: Maui Meyer
MLS #: 10080583
Price: $217,000
Additional Pricing Information: HOA’s include Insurance, garbage, exterior maintenance, commons, sewer, water mgmt and concierge services
Homeowner Dues: $298/mo
3601 SW River Pkwy #606
Portland , OR 97239
  • Range/Oven
  • Full Refrigerator
  • Washer/Dryer
  • Dishwasher
  • Sink Disposal
  • Microwave
  • Gas Appliances
  • Convection oven
  • Hardwood Floors
  • Tiled floors
  • Concierge Service
  • Intercom
  • Elevator
  • Deck
  • Deeded parking w/ gargage door opener
  • 5th floor roof garden
South Waterfront Development- downtown Portland. Walk or bike the trails adjacent to the river, catch streetcar to downtown, tram to OHSU. Lightly lived in loft with separated bedroom area. High end stainless steel appliances, beautiful Merbau floors, concierge service, grand lobby. Deeded secure parking space. Seller is a licensed Oregon real estate broker.

Presented by Copper West Properties
Judi Bost
judi@copperwest.com
503-522-2930

Powered by vFlyer.com Equal Housing Opportunity VFLYER ID: 3719768
All information in this site is deemed reliable but is not guaranteed and is subject to change

Hood River Real Estate Market Update October 2010 ~ The View From Here.

Thankfully, I’m not late to post this month………..Things have certainly been slower, so I’ve got time to catch up, that’s for sure. Weather has been amazing as well……and that’s why September is the best month of the year in Hood River!

All brokers are working this month and the buyer’s activity has been high. Year to date numbers show us selling the same units as some of our competitors, quite an accomplishment when you consider we are less than one quarter their size. Thank goodness for process.

Prices are stable to weak, with closings that occasionally firm up a price range, and others, that are destroying price ranges. Houses in the 500+ range are shrinking quickly, and we are now seeing multiple markdowns of properties that opened into the “dead zone” of 600+…..Inventory months will be dropping in the next few months, which is a traditional fall trend, but expect it to be a bit more pronounced this year.

Closings from Augusts rush are coming in, and if you are planning on doing something in Real Estate, especially refinance, PLEASE do yourself a favor and call us first, so you don’t spend $500.00 to find out your market got reset last week……I can’t tell you how often this is happening.

The constant drumbeat of price reduction has faded slightly, and in the last few weeks, the buyer’s have been overplaying their hands, much to their chagrin. Sellers are simply balking at another 15% off their already 25% marked down home, and where they don’t have to sell, they wont. Unfortunately, if they DO have to sell, it’s becoming a rare property that can get down into the correct range without going equity negative. Generally, you can look at a purchase date and get an idea. If you bought in 2005 more or less, you are a more likely candidate of getting through. 06-09 is tough, unless you came in equity heavy.

So now, the focus is on those few remaining properties that are equity heavy, but willing to deal……now, they do, however often come with those “quality defects” I’ve so often mentioned….but hey, at least there are buyers. I’d even hazard that the “confidence gap” has narrowed recently….

Foreclosure notices are now taking up a full two pages in the weekly Hood River News. Sobering. I remember when that was last the case, and it was all the way back in 1992….

I see some bright spots (like us being up 100% for the year) but it isn’t without its bare knuckle work. 4.375% 30 year fixed is the going rate, and that will certainly get someone interested, but with negotiation, appraisal, Automated Market Valuations, desk reviews, and jittery sellers, who are negotiating while they are coming to grips with “is that all I can get?” well…..

It is no country for old men, to use a movie title….. (Which was a terribly depressing movie…but very good. Who thinks of that stuff?)

October is looking weak, but traditionally we save it in the last selling week. (Which is last calendar week of September) The big test is November. We already have December in the books, so it’s a 60 day game, clock is ticking, and we are slightly behind…..

So, got to run, see you next month, Thanks for reading!

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This content last updated on 2/4/12 7:12 AM PST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. All real estate listings are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers.

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