Mid Columbia Market Report......

[blogger]

Mid Columbia Market Report......

Maketing report came out last week. The Highlights.......

Average Home Price in Hood River County is...Ready for it? $384,000.00. In the City of Hood River (Downtown) it was $403,000.

Yeow. Pricey. ("Spendy" is the local parlance) We are still having affordability issues, especially in the procurement of Land. A Couple of us are trying to start a land trust, but it too, is an uphill battle. Good thing about it though, is once you get something in there, it really is like money in the bank, earning interest....social and financial.....

Days on Market has gone waaay up, to over 120 days. That's a loooong time, and expect that number to improve. It will be interesting to see what happend to the Average Sales price when the "Underwater Lock Down" starts to happen. My bet is that it will impact consumer spending more than it will impact housing prices, expecially in this area, and have a supporting effect.....

But then again, maybe not. Hey, What the hell do I know?

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