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Market Summary November Sales 2024 HAPPY NEW YEAR! As we head into 2025 here is  a brief recap of some stats of the 2024 market. Many real estate sites report that this was a very difficult year with so little inventory and high interest rates. Since the beginning of the year the average market absorption is 2.7 months which is a seller’s market and unbalanced based on all pricing points.   Once I removed the sales for Colton which are mapped into our area through RMLS, we had a total of 136 sales for the year. Here’s a rundown of some of the stats that may be interesting: &nb ..read more

Mt. Hood National Forest www.fs.usda.gov/mthood   Forest Service News Release   Enjoy the Winter – Safely! – on Mt. Hood National Forest     As we approach the solstice, more and more people are searching for winter adventures on Mt. Hood National Forest. National forests are ideal for sledding, skiing, snowmobiling, and more, but there are necessary precautions to take before heading out. The best way to enjoy your public lands safely is to plan ahead, especially in the winter.   Always check the weather forecast and visit TripCheck ..read more

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When Will Mortgage Rates Come Down?   One of the biggest questions on everyone’s minds right now is: when will mortgage rates come down? After several years of rising rates and a lot of bouncing around in 2024, we’re all eager for some relief. While no one can project where rates will go with complete accuracy or the exact timing, experts offer some insight into what we might see going into next year. Here’s what the latest forecasts show. Mortgage Rates Are Expected To Ease and Stabilize in 2025 After a lot of volatility and uncertainty, the most updated forecasts s ..read more

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Make Your House the Top Thing on Every Buyer’s Mt. Hood Wish List This Season   With the holidays right around the corner, homeowners planning to move have a decision to make: sell now or wait? Some may even consider taking their house off the market until next spring. But is that the best choice? Because at this time of year, your home can really stand out. Here's the thing: there are plenty of buyers out there who want to be in a new home by the holidays, and your house might be just what they’re looking for. As an article from Redfin says:  “. . . there ..read more

Control the Controllables If You’re Worried About Mortgage Rates   Chances are you’re hearing a lot about mortgage rates right now, and all you really want to hear is that they’re coming back down. And if you’ve seen headlines about the early November Federal Funds Rate cut by the Federal Reserve (The Fed), maybe you got hopeful mortgage rates would start to decline right away. Although some media sources may lead you to believe that the Fed’s actions determine mortgage rates, in reality, they don’t.  The truth is, the Fed, the job market, inflation, geopolitical changes ..read more

Helpful Negotiation Tactics for Today’s Housing Market   If you haven’t already heard, homebuyers are regaining some negotiating power in today’s market. And while that doesn’t make this a buyer’s market, it does mean buyers may be able to ask for a little more. So, sellers need to be ready for that possibility and know what they’re willing to negotiate. Whether you’re looking to buy or sell a house, here’s a quick rundown of potential negotiations that may pop up during your transaction. That way, you’re prepared no matter which side of the deal you’r ..read more