Open Houses 1/27/12

There are 19 houses on this Sunday’s open house tour. Enjoy!

Address Type Price Bedroom Bath Open
245 Cervantes Attached $110,000 2 2 12 to 4
1659 Oak St Detached $379,500 3 2.5 1 to 3:30
2709 Orchard Hill Pl Detached $440,000 3 2 1 to 3
1429 Greentree Circle Detached $459,500 4 2.5 1 to 4
15655 Fieldstone Dr Detached $589,500 4 2.5 1 to 3
5533 Fieldstone Ct Detached $599,500 4 2.5 1 to 3
5028 Woodcrest Ln Lt 14 Detached $618,888 4 2.5 12 to 4
1921 Glenmorrie Ln Detached $624,000 3 3 1 to 4
1015 Middlecrest Rd Detached $669,900 3 2.5 1 to 3
13315 Hidden Bay Ct Detached $700,000 5 2.5 1 to 4
5501 Rachel Ln Detached $749,740 4 2.5+.5 1 to 3
831 Northshore Rd Detached $800,000 3 2.5 1 to 4
16805 Scott Ct Detached $892,000 4 3.5 2 to 4
329 10th St Detached $949,980 4 2.5 1 to 3
17469 Kelok Rd Detached $975,000 3 2.5 1 to 3
310 Iron Mountain Blvd Detached $1,100,000 4 2.5 1 to 4
13068 Knaus Rd Detached $1,450,000 5 3.5+.5+.5 2 to 4
112 Northshore Circle Detached $1,650,000 3 3.5 11 to 4
1015 Southshore Blvd Detached $638,500 4 3 2 to 4

Moving to Oregon

migration_map_2012

United Van Lines, the nation’s largest household goods mover, has just come out with their annual study of migration within the United States. This study is not based on total moves. It is based upon percentages. They have been doing this study since 1977.

So what happened in 2012? Oregon is the leading state for in-migration in the country. The only part of the country with a greater percentage of moves into their area was the District of Columbia. Oregon made this list with 61% of Oregon-involved moves being people moving into the state and just 39% of moves from people moving out of the state. Here are the top 5:

1. District of Columbia
2. Oregon
3. Nevada
4. North Carolina
5. South Carolina

Michael Stoll, an economics professor at UCLA, sights factors such as lower housing costs, temperate climate, diversified economies, and high-tech clusters as reasons that people choose to move to the leading states.

My opinion? I think it can be attributed to Microbreweries, Food Carts, easy access to snow boarding, hiking, camping, the beach, and Oregon wine country. And then there is the cult-hit, Portlandia. Portland, and the Portland food scene, have been written up several times in the New York Times with glowing reviews. This is a wonderful place to live, and it’s getting discovered.

In this past year I have personally helped two families make the move to Portland from out of the state. In both cases, they did some research and chose Lake Oswego because of the schools.

I think all of this is good news for our real estate market. It’s pretty basic economics of supply and demand. High demand supports high property values, and after the recent recession it feels good to hear some encouraging news.

If you are considering a move to Oregon, take a look at Lake Oswego. I think you’ll like what you learn. And if you need a great Realtor to help you with the move, please give Linda or myself a call. We would love to hear from you.

Best regards,
Dianne

Market Activity Jan 7-13, 2013

As much as I love the holidays, I also love getting back at it with the new year. Yep, my phone is ringing!

Lake Oswego there were 7 new listings, 15 pending sales, and 8 closed sales.

Here are further details on last week’s Market Activity:

NEWLY LISTED (Jan 7-13, 2013)

Address Type Price BR Bths SF
66 Oswego Summit Condo $74,900 1 1 764
668 McVey Ave #35 Condo $156,500 1 1 656
980 C Ave Detached $415,000 3 2 1312
607 Ash St Detached $550,000 3 2.5 2200
4033 Westbay Rd Detached $1,195,000 4 3.5 3691
13400 Fielding Detached $1,600,000 3 1.5 3189
448 Country Club Rd Detached $1,795,000 4 3.5 4873

PENDING SALES (Jan 7-13, 2013 2012)

Address Type Price BR Baths SF DOM
55 Oswego Summit Condo $64,000 1 1 721 246
620 Middlecrest Rd Detached $249,000 2 1 884 20
5099 Galen St Detached $249,000 4 2.5 2246 109
232 Greenridge Dr Attached $257,000 3 2 1492 125
16909 Tracy Ave Detached $279,950 4 2 1499 88
6438 Frost St Detached $319,900 3 2.5 2205 3
3545 Upper Dr Detached $334,000 3 2 1350 101
1572 Highland Dr Detached $334,500 3 2 1950 6
18275 Pilkington Rd Detached $349,423 3 2 2088 9
5675 Childs Rd Detached $369,900 2 2.5 1644 87
2390 Greentree Rd Detached $429,000 3 2.5 2380 6
1231 Bayberry Rd Detached $439,000 3 2 1980 17
17702 Overlook Circle Detached $465,900 5 2.5 3490 32
539 2nd St #108 Condo $469,000 2 2 1339 27
18175 Pilkington Rd Detached $574,900 4 3.5 3164 13

SOLD (Jan 7-13, 2013)

Address Type List Price Closed Price Sq Ft CDOM
34 Cervantes Cir 4-F Condo $119,500 $110,000 912 21
5225 Jean Rd #314 Attached $159,900 $155,000 1500 139
44 Greenridge Ct Attached $209,900 $194,000 1996 407
668 McVey #72 Condo $279,500 $250,000 1184 76
18892 Indian Springs Cir Detached $329,000 $278,250 1611 129
17970 Saint Clair Dr Detached $467,950 $460,000 2,549 157
1 Dover Way Detached $799,000 $775,000 3559 32
8 Dover Way Detached $975,000 $950,000 6244 89

Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings

Open Houses for 1/13/13

Tomorrow will be cold, but clear. A great day to see some houses. There are 18 scheduled on the RMLS Open House Tour. Have a great weekend!

Address Type Price BR Baths Open
47 Eagle Crest Dr #42 Condo $104,500 2 1 1 to 3
4263 Harvey Way Detached $349,000 3 2 1 to 4
1670 Fircrest Dr Detached $425,000 4 3 1 to 3
1429 Greentree Circle Detached $459,500 4 2.5 2 to 4
17802 Treetop Ln Detached $529,000 4 3.5 1 to 3
15655 Fieldstone Dr Detached $589,500 4 2.5 1 to 3
5533 Fieldstone Ct Detached $599,500 4 2.5 1 to 3
18096 Pilkington Rd Detached $599,900 3 2.5 1 to 3:30
12424 Orchard Hill Rd Detached $599,950 3 3 1 to 4
1015 Southshore Blvd Detached $638,500 4 3 2 to 4
4102 Chad Dr Detached $672,000 4 2.5 1 to 4
831 Northshore Rd Detached $800,000 3 2.5 1 to 4
16805 Scott Ct Detached $892,000 4 3.5 2 to 4
329 10th St Detached $949,980 4 2.5 1 to 3
2070 Wembly Park Rd Detached $998,000 5 4.5 1 to 3
1217 Lake Front Rd Detached $1,195,000 3 2.5 2 to 4
112 Northshore Cir Detached $1,650,000 3 3.5 11 to 4
5501 Rachel Ln Detached $749,800 4 2.5+.5 1 to 3

Babica Hen

Babica Hen 001Lake Oswego enjoys several really nice breakfast restaurants. The fresh pastries and fluffy omelets at La Provence are legendary. St. Honore opened next to Millennium Plaza Park recently, bringing amazing Croque Messieurs and Croque Madames (yum!), but these two fine establishments are now going to have some fierce competition. Babica Hen is in town.

Located next to Gubanc’s (at 15964 Boones Ferry Rd), it’s right in the heart of downtown Lake Grove.

The owner’s are the same people who own Gubanc’s, which is pretty much a restaurant institution here in LO. So it makes sense that they know what they’re doing. Whereas Gubanc’s is more of a lunch and dinner restaurant, Babica Hen specializes in breakfast with a few lunch options.

The menu is amazing. Le Waffle Lyonnaise (black forest ham, egg, arugula, and tarragon hollondaise), the Lemon Berry Crumble Waffle (Amaretto blueberries, lemon marscarpone, and brown sugar crumble), 3 different eggs Benedicts (tomato, smoked pork, and dungeness crab), prawns and polenta, and the well-named Iron Miner’s Breakfast (potato hash, eggs, roasted tomato, carmelized onion, cheddar, chorizo gravy, bacon AND maple sausage), are just a sampling. Seriously, the menu is huge and creative.

Babica Hen 002Prices are reasonable with waffles at $9, the Iron Miner’s Breakfast at $11, and the most expensive thing on the menu for $13 being Champagne Oysters (yes, this is what I had, fantastic).

Are you hungry yet?

I highly recommend giving Babica Hen a try. Be prepared to wait. The parking lot is pretty much packed, but the kitchen is efficient and service is quick. Last Sunday at 10am, my wait was about 15 minutes.

Hours are Tuesday thru Sunday from 7am to 3pm, closed on Mondays.

Enjoy!
Dianne

Eve On The Lake

Eve-on-the-LakeWEB-HEADER8

The City of Lake Oswego is hosting its first annual Eve On The Lake. From 8pm to 2am, the event will feature endless hors d’ouvres, dancing, live music with Tom Grant and Shelley Rudolph, photo booths, surprise events during the countdown to midnight, and of course, a midnight champagne toast.

The event is being held at a seriously beautiful location right on the edge of Oswego Lake, 40 N State St, otherwise known as Stickmen Brewery and Skewery. There is a lakeside deck that can actually be used in the winter with plenty of heaters, but subject to weather. From inside there are lovely views of the water, so even if it is cold and rainy or snowy, you can still feel the beauty of the water.

Cost is $69. Proceeds from the event will go to the Red Cross for Hurricane Sandy relief efforts. So you can ring in the New Year and also support an extremely worthwhile cause.

For more info, click here.

What a great way to ring in the New Year!

Linda and I want to wish you and yours a very safe, happy, and memorable New Year,
Dianne

Market Activity Dec 10-16, 2012

It’s beginning to feel a lot like the holidays with a dusting of snow on the ground this morning and just 6 new listing coming on the market last week. There are buyers out there though with 10 houses that received accepted offers last week, and 12 closed sales. I would expect an increase in closed sales this week as people try to move in with time to hang the tinsel and to put up the tree.

See below for further details on last week’s Market Activity:

NEWLY LISTED (Dec 10-16, 2012)

Address Type Price BR Bths SF
44 Eagle Crest Dr #18 Condo $128,000 3 2 1085
342 Livingood Ln Detached $439,000 4 2.5 2384
539 2nd ST #108 Condo $469,000 2 2 1339
4052 Orchard Dr Detached $688,500 4 3.5 4081
1759 Bay View Ln Detached $735,000 4 3 4665
17468 Kelok Rd Detached $975,000 3 2.5 2675

PENDING SALES (Dec 10-16,2012 2012)

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Address Type Price BR Baths SF DOM
4620 Lower Dr Condo $75,000 2 1.5 1160 10
4 Touchstone #116 Condo $150,000 3 2.5 1351 67
3980 Carman Dr Condo $159,900 3 2.5 1107 50
3101 McNary Pdwy #10 Attached $199,500 3 2.5 1986 53
5499 Royal Oaks Dr Detached $392,500 3 2 1780 110
300 Brookside Rd Detached $598,000 3 2.5 1600 179
543 2nd ST #204 Condo $699,000 2 2 1816 111
454 9th St Detached $879,000 3 4 2978 73
1560 Country Commons Detached $949,000 4 3.5 4379 91
18402 Old River Landing Detached $1,695,000 4 4.5 4547 504

SOLD (Dec 10-16,2012)

Address Type List Price Closed Price Sq Ft CDOM
13150 Riverside Dr Detached $375,000 $392,200 2242 4
4 Icarus Loop Detached $409,900 $395,000 2743 111
14361 Sherbrook Pl Detached $419,900 $419,900 2100 152
17764 Kelok Rd Detached $488,900 $465,000 2742 152
17357 Oak Meadow Ln Detached $535,000 $479,000 3247 160
9 Preakness Ct Detached $588,500 $547,500 3,750 $91
13366 Boones Ferry Ln Detached $649,950 $550,000 3564 183
17087 Tualatin St Detached $564,950 $564,950 2622 11
16791 Sylvan Ct Detached $699,000 $635,000 4315 7
16655 Woodsman Ct Detached $674,900 $635,000 4131 99
569 6th St Detached $798,335 $798,335 2595 0
1644 Lake Front Rd Detached $999,900 $927,500 3840 301

Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings

Open Houses fo rDec 16, 2012

Sunday is going to be a great day to get out and see some houses. There are currently 13 homes scheduled to be held open.

Address Type Price BR Baths Open
6450 Frost St Detached $347,500 3 2.5 12 to 5
6474 Frost St Detached $347,500 3 2.5 12 to 5
1429 Greentree Circle Detached $459,500 4 2.5 1 to 3
17702 Overlook Circle Detached $465,900 5 2.5 1 to 3
539 2nd St #108 Condo $469,000 2 2 1 to 3
15655 Fieldstone Dr Detached $589,500 4 2.5 2 to 4
5533 Fieldstone Ct Detached $599,500 4 2.5 2 to 4
18096 Pilkington Rd Detached $599,900 3 2.5 1 to 3
1579 Bay View Ln Detached $735,000 4 3 1 to 3
1255 Andrews Rd Detached $799,000 6 4 1 to 3
831 Northshore Rd Detached $800,000 3 2.5 12 to 3
17469 Kelok Rd Detached $975,000 3 2.5 1 to 3
18137 Meadowlark Ln Detached $1,350,000 4 4.5 11:30 to 1:30

A Season of Giving

SantaYou can help to make the season a little brighter for those who are less fortunate by participating in a couple of different programs being offered here in Lake Oswego.

270,000 people per month eat meals from emergency food boxes provided by the Oregon Food Bank. Of those, 92,000 are children. Your donations are important, and needed. The City of Lake Oswego is accepting non-perishable food now through December 28th at City Hall, 380 A Avenue.

In addition, the Lake Oswego Fire Department and Library are conducting a Christmas Toy Drive. Drop off new, unwrapped toys at the Main Fire Station (300 B Avenue) or the Lake Oswego Library (706 4th Street) between now and 12pm on December 21st.

With a little effort, we can all make the season brighter.

Market Activity 11/26-12/2/12

Last week there were 9 New on the market, 11 Pending and 19 Sold:

See below for further details on last week’s Market Activity:

NEWLY LISTED (Nov 26-Dec 2, 2012)

Address Type Price BR Bths SF
5059 Foothills Dr F Condo $165,000 2 2 997
1237 Hallinan Circle Detached $269,900 4 2 1284
1288 Rockinghorse Ln Detached $382,500 3 2 1742
17002 Crestview Dr Detached $395,000 3 2.5 2163
4102 Chad Dr Detached $672,000 4 2.5 3054
837 6th St Detached $735,000 4 2.5 2420
13070 Fielding Rd Detached $1,295,000 2 1 828
18137 Meadowlark Ln Detached $1,350,000 4 4.5 5935
17900 Crestline Dr Detached $1,699,000 5 3.5 4738

PENDING SALES (Nov 26- Dec 2,2012 2012)

Address Type Price BR Baths SF DOM
4450 Thunder Vista Ln Condo $145,000 2 2.5 2040 148
3787 Lanewood St Detached $245,000 3 2 1300 214
4270 Oakridge Rd Detached $275,000 2 1 978 143
36 Nova Ct Detached $360,000 4 2.5 2256 20
2550 Greentree Rd Detached $404,900 4 3 2852 50
3838 Rivers Edge Dr Detached $498,900 4 2.5 2806 57
5193 Denton Dr Detached $635,000 4 2.5 3076 114
1 Dover Way Detached $799,000 4 3 3559 32
8 Dover Way Detached $975,000 6 4.5+.5 6244 89
18202 Bella Terra Dr Detached $994,900 4 3.5 3863 454
2092 Summit Dr Detached $1,295,000 4 4.5 4441 289

SOLD (Nov 26- Dec 2,2012)

Address Type List Price Closed Price Sq Ft CDOM
350 Cervantes Circle 1-E Condo $114,500 $105,000 912 24
4000 Carman Dr #107 Condo $159,900 $110,000 1032 229
167 Oswego Summit Condo $147,000 $147,000 1506 $15
5225 Jean Rd #313 Condo $159,900 $153,500 1200 10
213 Oswego Summit #213 Condo $185,000 $160,000 1383 105
18350 Tualata Ave Detached $234,900 $200,000 996 70
18055 Central Ave Detached $191,565 $248,100 1202 10
4765 Firwood Rd Detached $300,000 $283,000 1728 51
12510 SW 27th Pl Detached $349,900 $325,000 2484 168
1690 Fircrest Ct Detached $429,900 $405,000 2718 48
18140 Pioneer Ct Detached $430,000 $415,000 2537 167
29 Spinosa Detached $549,999 $475,000 3254 789
5677 Bonita Rd Detached $600,000 $500,000 3603 265
19313 Riverwood Ln 2west Detached $620,201 $620,201 3367 0
1918 Indian Trail Detached $695,000 $650,000 3090 215
1799 Atherton Dr Detached $699,900 $725,000 6280 18
17680 Blue Heron Dr Detached $800,000 $725,000 3070 85
750 Terrace Dr Detached $899,000 $850,000 3569 106
2805 Southshore Blvd Detached $899,000 $855,000 2619 106

Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings