Author: Linda Rossi

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L.O. Weather Information ~ Our Neck of the Woods….

sunOut of state and wondering what you can expect for weather in Lake Oswego after your big move?  Planning your house-hunting trip and wondering what you can expect?   I’ve added a few tidbits of information for you below to help give a better picture of life in Lake Oswego… weather-wise.

My personal experience in Lake Oswego is that July varies from cloudy days here & there to weeks of cobalt blue skies, ranging from a high of 70 degrees to the 90’s. We spend most of the month of  August in the 90’s with some 80’s thrown in here & there and the occasional 100… that’s based on the last few years, and/but the table below lists the “normal” high temps in Lake Oswego in August at 80 degrees. So, we then get into definitions of “normal” : )  Anyway, it came from AccuWeather.com . This site also shows you the pollen index and other helpful data such as yesterday’s weather breakdown:

Normal High: 45°F
Normal Low: 34°F
Normal Average: 40°F
Normal High: 50°F
Normal Low: 36°F
Normal Average: 43°F
Normal High: 56°F
Normal Low: 39°F
Normal Average: 47°F
Normal High: 60°F
Normal Low: 42°F
Normal Average: 51°F
Normal High: 67°F
Normal Low: 47°F
Normal Average: 57°F
Normal High: 72°F
Normal Low: 53°F
Normal Average: 63°F
Normal High: 80°F
Normal Low: 57°F
Normal Average: 68°F
Normal High: 80°F
Normal Low: 58°F
Normal Average: 69°F
Normal High: 75°F
Normal Low: 53°F
Normal Average: 64°F
Normal High: 64°F
Normal Low: 45°F
Normal Average: 55°F
Normal High: 52°F
Normal Low: 40°F
Normal Average: 46°F
Normal High: 45°F
Normal Low: 35°F
Normal Average: 40°F

Now, the Farmers Almanac is ‘Old Faithful’ as far as weather goes.  This link will allow you to look at any date in Portland (they don’t call out Lake Oswego, but hey, it’s close). It will also give you precipitation and pressure data.

If you’d like blow-by-blow information on Lake Oswego weather, WeatherForYou.com will accommodate with detailed forecasts & hour-by-hour breakdowns for the previous 48-hour period.  Then there is detailed morning & evening information for  every day in the forecast at City-Data.com

Most of these sites will challenge you with advertising, but I hope some of them prove helpful prior to your next trip to Lake Oswego.  Remember, if you are heading this way, you can always email Dianne or myself to find out whether you will need to bring your bathing suit or sweater.  It’s the summer home-buying season, and we’re really enjoying working with all of our Property Blotter readers. We look forward to meeting you soon as well.  Gotta run…. houses to show!

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Lake Oswego Market Activity Report ~ June 22-28, 2009

This last week Lake Oswego saw 23 New properties placed on the market, Pending sales at 17 and 11 Sold/closed. Fewer ‘New Listings’ (we were at 33 last week), but a steady uptick in ‘Pendings’ and ‘Solds’. As we’ve been seeing for some time, all price ranges are represented in these three categories as well.

Here is the latest market activity for Lake Oswego (see below the tables for additional notes):

NEWLY LISTED (June 22—June 28, 2009)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
 PROP TYPE
LIST DATE
Address List Price # Beds # Baths Total SF Prop Type List Date
100 KERR PKWY $124,500 1 1 617 CONDO 6/23/2009
4000 CARMAN DR $155,000 2 2 866 CONDO 6/26/2009
4 TOUCHSTONE $179,900 3 2.1 1,351 CONDO 6/24/2009
5064 FOOTHILLS DR $299,900 2 2 1,308 CONDO 6/27/2009
12806 BOONES FERRY RD $299,950 3 2.1 1,174 ATTACHD 6/22/2009
17141 SW BRYANT RD $364,900 3 2 1,228 DETACHD 6/26/2009
127 3RD ST $395,000 2 2 1,006 CONDO 6/24/2009
17760 SW CARDINAL CT $404,900 3 2.1 2,147 DETACHD 6/25/2009
623 ATWATER RD $425,000 3 3 2,009 DETACHD 6/24/2009
14251 CAMDEN LN $535,900 3 2.1 2,179 DETACHD 6/26/2009
2704 ORCHARD HILL LN $649,000 5 3 3,207 DETACHD 6/25/2009
535 B AVE $649,000 2 2.1 1,691 ATTACHD 6/26/2009
17017 CANAL CIR 574900 – 649876 3 2.1 2,665 DETACHD 6/25/2009
1504 OAK ST $679,900 3 3.1 2,598 ATTACHD 6/26/2009
279 EVERGREEN RD $689,000 3 3.1 2,136 ATTACHD 6/27/2009
1564 OAK ST $729,900 3 2.1 3,070 ATTACHD 6/26/2009
1524 OAK ST $825,000 3 2.1 3,070 ATTACHD 6/26/2009
17177 OLD RIVER DR $950,000 4 3.1 3,200 DETACHD 6/25/2009
13090 KNAUS RD $995,000 4 3 5,578 DETACHD 6/25/2009
1584 OAK ST $1,100,000 3 3 3,674 ATTACHD 6/26/2009
11 HILLSHIRE DR $1,149,000 5 4.1 5,163 DETACHD 6/26/2009
5770 DOGWOOD DR $1,295,000 3 3 3,218 DETACHD 6/23/2009
16847 GREENBRIER RD $1,950,000 3 2.2 2,315 DETACHD 6/24/2009

PENDING SALES (June 22-June 28, 2009)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
 PROP TYPE
DOM
Address List Price # Beds # Baths Total SF Prop Type CDOM
100 SW KERR PKWY $95,400 1 1 617 CONDO 70
44 EAGLE CREST DR $130,000 1 1 798 CONDO 41
82 GREENRIDGE CT $227,900 3 2.1 2,868 CONDO 79
16428 SW BONAIRE AVE $249,950 3 1 1,240 DETACHD 35
1695 MEADOWS DR $344,900 4 3 2,185 DETACHD 396
45 TANGLEWOOD DR $345,000 5 3.1 3,166 DETACHD 102
17860 Sundown CT $365,000 4 3.1 3,480 DETACHD 94
14798 DAVIS LN $399,900 2 2.1 1,670 ATTACHD 67
1462 Worthington ST $424,000 4 3 1,800 DETACHD 108
4114 GLACIER LILY ST $529,000 4 2.1 2,470 DETACHD 65
181 3RD ST $699,000 2 2 1,523 CONDO 196
15195 LILY BAY CT $788,000 4 2.1 4,099 DETACHD 163
17814 MARYLCREEK DR $899,000 4 3.1 4,307 DETACHD 56
815 E AVE $1,185,000 3 2.1 2,676 DETACHD 148
1340 CHERRY LN $1,200,000 4 4.1 5,795 DETACHD 445
975 LAKE FRONT RD $1,695,000 3 3 3,232 DETACHD 157
2500 GLEN EAGLES RD $2,275,000 5 4.1 5,565 DETACHD 431

SOLD (June 22-June 28, 2009)

ADDRESS ORIG. PRICE SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
 PROP TYPE
DOM
Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
100 KERR PKWY $125,000 $120,000 2 1.1 823 CONDO 91
4000 CARMAN DR $179,900 $170,000 2 2 1,100 CONDO 72
18543 LONGFELLOW AVE $339,900 $310,000 3 1.1 1,279 DETACHD 97
1107 CEDAR ST $324,999 $315,000 4 3 2,485 DETACHD 4
1299 HIDE A WAY LN $425,000 $340,900 3 2 1,893 DETACHD 127
111 3RD ST $419,000 $390,000 2 2 1,206 CONDO 276
606 2ND ST $420,000 $390,000 4 3 3,022 DETACHD 34
4116 ORCHARD WAY $683,950 $610,000 5 3.1 4,078 DETACHD 132
13874 TAYLORS CREST LN $750,000 $735,000 4 2.1 3,701 DETACHD 3
3515 UPPER DR $1,098,000 $1,050,000 4 3.1 4,061 DETACHD 275
12901 SW GOODALL RD $2,395,000 $1,715,000 4 4.1 5,333 DETACHD 679

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.

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Lake Oswego Open Houses ~ June 28, 2009

Sunday is supposed to be gorgeous, & there are 37 great properties to see in Lake Oswego. Get out there, maybe stroll the Lake Oswego Festival of the Arts, see some properties and have some fun! Who knows… you might find “the one” you’ve been looking for… Wouldn’t that be great ~ Hey, call Dianne or me if you do! (That is if you do not already have a Realtor : )

Here are those that will be held open according to RMLS:

15210 Boones Way $175,000 2 Bd, 1 1/2 Ba Open 11-1

4458 Thunder Vista Ln $299,500 3 Bd, 2 1/2 Ba Open 2-4

12806 Boones Ferry Rd $299,950 3 Bd, 2 1/2 Ba Open 1-4

1140 Hallinan Ct $339,895 3 Bd, 2 Ba Open 2:30-4:30

3269 Phyllis Ct $379,900 3 Bd, 2 X 1/2 Ba Open 1-3

668 McVey Ave #70 $399,850 3 Bd, 1 1/2 Ba Open 1-3

17088 Rebecca Ln $479,000 4 Bd, 3 Ba Open 1:30-3:30

13342 Auburn Ct $489,900 3 Bd, 2 1/2 Ba Open 2-4

2062 Cedar Ct $494,900 3 Bd 2 Ba Open 11-2

3745 Tempest Dr $499,900 4 Bd, 3 Ba Open 12-2

2405 Dellwood Dr $505,000 5 Bd, 3 Ba Open 12-2

3254 Duncan Dr $524,900 4 Bd, 3 1/2 Ba Open 2-4

340 8th St $535,000 3 Bd, 2 Ba Open 1-3

11 Morningview Cir $547,000 3 Bd, 2 1/2 Ba Open 1-3

5830 Sunbrook Dr $549,000 5 Bd, 2 1/2 Ba Open 12-2

952 A Ave $550,000 2 Bd, 2 Ba Open 11:30-1:30

475 10th St $623,500 4 Bd, 2 1/2Ba Open 12-2 & 2-4

4208 Albert Cir $639,900 3 Bd, 3 Ba Open 3-5

2704 Orchard Hill Ln $649,000 5 Bd, 3 Ba Open 1-4

15837 Allison Pl $649,000 4 Bd, 2 1/2 Ba Open 1-3

580 Weidman Ct $659,000 5 Bd, 3 1/2 Ba Open 1-3

1322 Glenmorrie Dr $725,000 3 Bd, 3 Ba Open 1-4

3030 Westview Ct $898,000 4 Bd, 2 1/2 Ba Open 2:30-4

18051 Kelok Rd $899,000 5 Bd, 3 1/2 Ba Open 2-4

511 6th St $928,950 5 Bd, 3 1/2 Ba Open 2:30-4:30

1785 Palisades Terr Dr $960,000 5 Bd, 4 1/2 Ba Open 1-3

3300 River Woods Pl $988,500 4 Bd, 2 1/2 Ba Open 1-4

1015 Andrews Rd $999,900 4 Bd, 3 Ba Open 1-3

900 Fairway Rd $1,094,000 4 Bd, 3 1/2 Ba Open 1-3

17464 Ridgeview Ln $1,298,950 4 Bd, 3 1/2 Ba Open 2-4

622 Oak Meadow Dr $1,325,000 4 Bd, 3 1/2 Ba Open 2-4

664 Oak Meadow Dr $1,355,000 4 Bd, 3 1/2 Ba Open 2-4

18110 Siena Dr $1,394,000 4 Bd, 3 1/2 Ba Open 2:30-4:30

657 Oak Meadow Dr $1,395,000 4 Bd, 3 1/2 Ba Open 2-4

16737 Maple Cir $1,400,000 3 Bd, 3 Ba Open 12-2

17364 Ridgeview Ct $1,425,000 4 Bd, 3 1/2 Ba Open 2-4

17433 Ridgeview Ln $1,495,000 4 Bd, 4 1/2 Ba Open 2-4

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Lake Oswego Festival of the Arts!!! ~ June 26, 27 & 28

artshow2The 2009, 46th annual Lake Oswego Festival of the Arts is just a couple of days away! It is always such a thrill to be in Lake Oswego during the festival. There is an air of celebration with pedestrians everywhere in the summer sun walking from the Lakewood Center for the Arts to George Rogers Park and local eateries and gathering places. Of course residents wade through some additional traffic, but we don’t seem to mind… taking in the sights and sounds of art, music, and visitors from all over.

This year the event includes the exhibit, “Cutting Edges: Contemporary Mosaic Art”, and it promises to be one for the record books. Aside from being an awesome display of mosaic work by an international group of participating artists, it is also the largest mosaic fine art exhibit ever offered in the United States (wow). World-renowned artists will display gorgeous pieces using stone, metal, precious jewels, glass, recycled and found items. You may wish to stroll and take it all in at the Lakewood Center, and/or take the opportunity provided to learn about the history of the ancient art, its materials and methods.

Downstairs in the first floor hallway you may enjoy the juried exhibit, “The Artist’s Vision” by Northwest artists. Also here you will find the “Visual Arts Invitational Chronicle” exploring the artist’s vision of Lake Oswego, and at the end of the hall is art from our Lake Oswego Grade Schools and Jr. High Schools. Outside in the pavilion tent will be more than 1,000 pieces of art by both professional and emerging artists, along with the High School exhibit, and hands-on activities for children.

All the artwork at the Lakewood Center will be offered for sale, with the exception of some of the school pieces.

Across the street at George Rogers Park you will be able to stroll through the juried “Fine Arts Crafts Faire” and take in a visual feast from more than 110 artisans. Enjoy music while you do from such artists as Linda Hornbuckle & Janice Scroggins, Marv & Rindy Ross, the Crazy 8’s, Ellen Whyte, 3 Leg Torso and others! Kids will enjoy the “Missoula Children’s Theatre” and “Kids Day in the Park”, and Mom & Dad might enjoy a cold beer or glass of wine at the pavilion staffed by the Lake Oswego Chamber of Commerce.

Music at the Lakewood Center will include a wide array of delectable fare including piano, saxophone, samba guitar, and jazz from artists including Hailey Niswanger, Ronnie Robbins, John NIlsen, and many more.

For more information on exhibit locations, music schedules, activity schedules, parking & shuttle locations, please visit: http://www.lakewood-center.org/pages/lakewood-festival-events

See you at the Festival!

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Lake Oswego Market Activity Report ~ June 15 – June 21, 2009

This last week Lake Oswego saw 33 New properties placed on the market, Pending sales at 15 and 9 Sold/closed.

Here is the latest market activity for Lake Oswego (see below the tables for additional notes):

NEWLY LISTED (June 15—June 21, 2009)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
 PROP TYPE
LIST DATE
Address List Price # Beds # Baths Total SF Prop Type List Date
89 GALEN ST $107,500 1 1 550 CONDO 6/17/2009
29 CRESTFIELD CT $154,900 2 2 995 CONDO 6/16/2009
3688 SPRING LN $179,900 2 2 1,120 CONDO 6/19/2009
12822 BOONES FERRY RD $234,900 2 2.1 1,136 CONDO 6/16/2009
3480 DEVONSHIRE DR $308,000 2 2.1 1,649 ATTACHD 6/20/2009
4948 SW MEADOWS AVE $319,000 3 2 2,491 DETACHD 6/19/2009
1140 HALLINAN CT $339,895 3 2 1,875 DETACHD 6/21/2009
4310 SILVER CT $367,500 2 3.1 1,996 CONDO 6/18/2009
104 KINGSGATE RD $379,500 3 2.1 2,000 ATTACHD 6/16/2009
668 MCVEY AVE $399,850 3 1.1 985 CONDO 6/17/2009
1651 LARCH ST $399,900 4 3 2,225 DETACHD 6/18/2009
17349 BANYON LN $419,900 5 2.1 2,846 DETACHD 6/15/2009
540 2ND ST $425,000 2 2.1 1,520 CONDO 6/17/2009
4693 LAKEVIEW BLVD $449,000 3 2.1 1,728 DETACHD 6/19/2009
13342 AUBURN CT $489,900 3 2.1 2,389 ATTACHD 6/20/2009
2405 Dellwood DR $505,000 5 3 2,336 DETACHD 6/17/2009
11 MORNINGVIEW CIR $547,000 3 2.1 2,921 DETACHD 6/17/2009
16925 Depot $549,000 4 2.1 2,500 DETACHD 6/19/2009
668 MCVEY AVE $549,000 3 1.1 997 ATTACHD 6/18/2009
953 A AVE $599,000 3 2 2,628 DETACHD 6/15/2009
475 10TH ST $623,500 4 2.1 2,932 DETACHD 6/19/2009
14121 GABRIELLE CT $624,900 4 2.1 3,006 DETACHD 6/16/2009
4208 ALBERT CIR $639,900 3 3 2,777 DETACHD 6/18/2009
113 FURNACE ST $669,000 2 2.1 2,154 CONDO 6/19/2009
22 INDEPENDENCE AVE $724,000 7 4.1 4,066 DETACHD 6/21/2009
4304 WESTBAY RD $729,000 4 3.1 2,973 DETACHD 6/18/2009
13461 STREAMSIDE DR $749,000 4 2.1 3,321 DETACHD 6/15/2009
898 CORNELL ST $759,000 3 2.1 3,000 DETACHD 6/21/2009
3220 SOUTHSHORE BLVD $1,199,999 3 3 3,629 DETACHD 6/18/2009
2070 RIDGE POINTE DR $1,225,000 4 5 5,530 DETACHD 6/16/2009
1933 SUMMIT DR $1,675,000 5 4.1 4,925 DETACHD 6/18/2009
2557 SOUTHSHORE BLVD $1,895,000 3 3.2 3,604 DETACHD 6/15/2009
102 3RD ST $1,999,999 4 4 3,400 DETACHD 6/18/2009

PENDING SALES (June 15-June 21, 2009)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
 PROP TYPE
DOM
Address List Price # Beds # Baths Total SF Prop Type CDOM
100 KERR PKWY $125,000 2 1.1 823 CONDO 91
47 EAGLE CREST DR $129,900 2 1 932 CONDO 52
276 CERVANTES $183,000 3 2 1,209 CONDO 27
5063 Foothills DR $229,000 2 2 1,031 CONDO 213
4366 WOODSIDE CIR $319,000 3 2.1 1,762 ATTACHD 97
13840 VERTE CT $324,900 3 2 1,926 DETACHD 8
18481 WAXWING CIR $375,000 3 2.1 1,840 DETACHD 13
1299 HIDE A WAY LN $399,000 3 2 1,893 DETACHD 127
17985 BRAEDEN CT $554,900 3 2.1 2,559 DETACHD 38
762 3RD ST $639,900 3 2.1 2,590 DETACHD 309
17751 MARYLCREEK DR $690,000 4 3 3,505 DETACHD 112
15535 VILLAGE DR $799,000 5 3 3,421 DETACHD 88
17215 LOWENBERG TER $850,000 4 2.1 2,819 DETACHD 550
13010 KNAUS RD $1,199,000 4 3.1 4,312 DETACHD 945
17334 BERGIS FARM DR $1,399,000 5 4.1 5,654 DETACHD 335

SOLD (June 15-June 21, 2009)

ADDRESS ORIG. PRICE SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
 PROP TYPE
DOM
Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
668 MCVEY AVE $239,900 $220,000 3 1.1 1,184 CONDO 61
204 CERVANTES $249,900 $246,000 3 1.1 1,138 CONDO 79
2130 WEMBLEY PARK RD $379,000 $299,900 3 1.1 1,544 DETACHD 280
1716 HALLINAN ST $369,500 $362,000 3 3 1,916 DETACHD 47
12103 ORCHARD HILL WAY $429,000 $399,000 4 2.1 2,332 DETACHD 226
17445 LAKE HAVEN DR $539,900 $537,000 4 3 2,949 DETACHD 9
15713 TARA PL $615,000 $580,000 4 2.1 3,442 DETACHD 143
17970 ROYCE WAY $995,000 $900,000 4 4.2 5,226 DETACHD 285
2605 SOUTHSHORE BLVD $1,395,000 1340000 3 4.1 4,750 DETACHD 234

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.

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Lake Oswego Open Houses ~ June 14, 2009

There are 33 great properties to see on Sunday in Lake Oswego. No matter what price level or type of home you are looking for, you will be sure to find some fun options on the list below! Enjoy a beautiful Sunday!

Here are those that will be held open according to RMLS:

12846 SW Boones Ferry Rd $209,000 2 Bd, 1 1/2 Ba Open 9-11

16501 Lake Forest Blvd $319,900 3 Bd, 1 Ba Open 1-3

13840 Verte Ct $324,900 3 Bd, 2 Ba Open 1-3

3009 Wembley Park Rd $379,900 3 Bd, 1 1/2 Ba Open 1-4

16824 SW Inverurie Rd $389,900 3 Bd, 3 Ba Open 1-4

1023 Lund St $412,500 4 Bd, 2 1/2 Ba Open 1-4

1531 Woodland Ter $429,000 3 Bd, 2 1/2 Ba Open 1-4

1858 Southshore Blvd $449,900 4 Bd, 2 Ba Open 2-4

42 Hillshire Dr $474,000 4 Bd, 3 Ba Open 1:30-3:30

16439 Lexington Ct $474,900 2 Bd 2 Ba Open 3-5

15943 White Oaks Dr $495,500 4 Bd, 2 1/2 Ba Open 2-4

4959 Bilford Ln $547,500 3 Bd, 2 1/2 Ba Open 2-4

16920 Greentree Ave $579,000 4 Bd, 2 1/2 Ba Open 2-4

11 Cellini Ct $584,950 5 Bd, 3 Ba Open 12-2:30

17879 Hillside Dr $619,900 3 Bd, 3 Ba Open 12-2

580 Weidman Ct $659,000 5 Bd, 3 1/2 Ba Open 2:30-4:30

401 Ash St $680,000 5 Bd, 4 Ba Open 1-3

550 Middlecrest Rd $699,000 3 Bd, 2 1/2Ba Open 1-3

220 Greenwood Rd $785,000 3 Bd, 4 Ba Open 1-4

2688 Rivendell Rd $835,000 4 Bd, 3 Ba Open 1-3

15540 Village Dr $879,900 4 Bd, 2 1/2 Ba Open 1-3

3030 Westview Ct $898,000 4 Bd, 2 1/2 Ba Open 2:30-4

577 Middlecrest Rd $999,900 4 Bd, 2 1/2 Ba Open 1-3

14480 Kruse Oaks Blvd $1,149,000 4 Bd, 3 1/2 Ba Open 1-3

18246 Bella Terra Dr $1,294,000 4 Bd, 3 1/2 Ba Open 1-4

17464 Ridgeview Ln $1,298,950 4 Bd, 3 1/2 Ba Open 2-4

622 Oak Meadow Dr $1,325,000 4 Bd, 3 1/2 Ba Open 2-4

624 Atwater Rd $1,338,000 5 Bd, 3 1/2 Ba Open 1-3

664 Oak Meadow Dr $1,355,000 4 Bd, 3 1/2 Ba Open 2-4

18110 Siena Dr $1,394,000 4 Bd, 3 1/2 Ba Open 1-3

657 Oak Meadow Dr $1,395,000 4 Bd, 3 1/2 Ba Open 2-4

17364 Ridgeview Ct $1,425,000 4 Bd, 3 1/2 Ba Open 2-4

17433 Ridgeview Ln $1,495,000 4 Bd, 4 1/2 Ba Open 2-4

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Green Water (ing)

perennialThough you wouldn’t know it today to look out my window (cloudy & some drizzle), it is summer, sunbeams have been out in force, and temps have been shooting up along with the plants in our yards and gardens. Some of this has to do with the heat, and some has to do with the fact that we are watering things while there is heat. At this time of year, and especially during a recession, we all need a refresher course on watering, and Lake Oswego is only too happy to oblige!

7dees2Water conservation experts from the Regional Water Providers Consortium (RWPC) are visiting Lake Oswego for a session with local residents where they plan to hand out free water gauges and lots of good tips for water-efficient landscaping and maintenance. This event will be held this Saturday, June 13th, at Dennis’ 7 Dees Garden Center, 1090 McVey Ave., from 10 AM to 2 PM.

The Consortium has an amazing website that reminds me how much there grass4is to learn. I remember thinking, when I was much younger and of course knew much more than I do today (or thought I did), that being a native of Southern California (Hey… No ribbing… I’ve been here since 1978!) , I had a very hard time believing that there was truly any need to conserve water in Oregon… I mean come on! With all the rainfall, the huge river running through town, the snowy mountain peaks dribbling water through Portland all year long… How was I supposed to believe that we actually needed to pay much attention at all to water consumption? Well, in recent years we have all learned how integral our activities are to maintaining the living environment we so cherish and want to hand to our children. There really are limits to what nature can provide us in our current numbers & given the constraints of our infrastructure. Then, there is that money thing… Practical tips for saving money while saving water? I’m all ears!
Among the vast array of uselful material to be found at the RWPC site are the following good pieces of information:

  • Use Mulch! It is important to know what kind to use however: –Organic Mulches (aged manure, bark chips, wood chips) and compost material will significantly decrease the amount of water you will need for plant health. Specifically, the addition of as little as 5% organic material can quadruple your soil’s ability to store water, decreasing the watering needed. – Inorganic mulches like stones, concrete and gravel can be great for creating landscape patterns etc., but also “re-radiate” the sun’s heat and cause an increase in the amount of water needed to care for surrounding plants.
  • Create Watering Zones – These would be areas of your property wherein similar types of plants reside hopefully having similar watering requirements. (Lawn areas, rose garden, annual garden, perennial garden etc) This way you avoid the “one system fits all” mentality and the over-watering that results for some garden areas.
  • Adjust Watering Schedules Frequently – As the temperatures shift during the summer, you will want to adjust your watering schedules accordingly.
  • Managed Stress in the Landscape – There are all sorts of seemingly complicated formulas to help you determine how much to water a lawn at any given temperature. The RWPC site simplifies this information and helps you understand the “Stressing” concept, which basically means watering as little as possible forcing lawns to use their natural coping mechanisms and give you a green lawn all summer without the heavy over-watering that is so prevalent.
  • Water Plants Thoroughly but Infrequently – This causes roots to go deeper and therefore be more drought resistant/require less watering.
  • Water When Temps are Cooler – Preferably before 10:00AM or after 6:00PM.
  • Use Drip Irrigation Where Possible – Large water droplets close to the ground are much more efficient than sprinkler systems which lose a lot of water to evaporation.
  • Don’t Water in the Rain – Use rain sensors and gauges to eliminate unnecessary automatic watering when it is raining.
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Market Activity Report ~ May 25 – 31, 2009

This last week Lake Oswego saw 14 New properties placed on the market, Pending sales at 15 and 8 Sold/closed.

Here is the latest market activity for Lake Oswego (see below the tables for additional notes):

NEWLY LISTED (May 25—May 31, 2009)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
 PROP TYPE
LIST DATE
Address List Price # Beds # Baths Total SF Prop Type List Date
47 EAGLE CREST DR $99,500 1 1 666 CONDO 5/26/2009
340 CERVANTES CIR $120,000 2 1.1 912 CONDO 5/27/2009
4000 SW CARMAN DR $151,000 2 2 836 CONDO 5/29/2009
458 STATE ST $209,900 2 1 800 CONDO 5/26/2009
3497 DEVONSHIRE DR $299,000 3 2 1,556 ATTACHD 5/28/2009
5 ORIOLE LN $399,000 3 2.5 2,024 DETACHD 5/28/2009
4191 CHAPMAN WAY $409,000 4 2.1 2,610 DETACHD 5/29/2009
44 DA VINCI ST $449,000 4 2 2,005 DETACHD 5/30/2009
1322 GLENMORRIE DR $725,000 3 3 2,752 DETACHD 5/30/2009
14136 HEATHROW LN $734,000 4 2.1 2,955 DETACHD 5/27/2009
1120 HOODVIEW LN 769000 – 875000 4 3 3,454 DETACHD 5/29/2009
3973 CHILDS (Private Rd) RD $950,000 3 3.1 3,861 DETACHD 5/29/2009
885 8th ST $1,075,000 3 2 1,766 DETACHD 5/28/2009
320 CHANDLER PL $1,900,000 5 3.1 4,675 DETACHD 5/28/2009
95 IRON MOUNTAIN BLVD $2,250,000 6 4.1 4,818 DETACHD 5/27/2009

PENDING SALES (May 25-May 31, 2009)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
 PROP TYPE
DOM
Address List Price # Beds # Baths Total SF Prop Type List Date CDOM
12826 Boones Ferry RD $229,900 2 2.1 1,398 CONDO 4/25/2009 156
668 MCVEY AVE $250,000 3 1.1 985 CONDO 3/12/2009 77
30 CONDOLEA DR $275,000 2 2 1,420 ATTACHD 10/31/2008 209
15570 WALUGA DR $325,000 3 3 1,577 DETACHD 3/21/2009 334
4411 Lakeview Blvd 299000 – 338876 4 2 1,828 DETACHD 4/20/2009 239
1716 HALLINAN ST $354,500 3 3 1,916 DETACHD 4/10/2009 47
14141 GOODALL RD $389,900 3 2.1 1,907 DETACHD 5/22/2009 4
15422 PARTRIDGE DR $399,900 4 2.1 1,841 DETACHD 5/21/2009 4
147 6TH ST $425,000 3 1 1,584 DETACHD 5/18/2009 11
4116 ORCHARD WAY $644,900 5 3.1 4,078 DETACHD 1/16/2009 132
4155 CANAL RD $709,000 4 2.1 3,736 DETACHD 5/21/2009 678
1913 CHERYL CT $1,175,000 4 4.1 5,791 DETACHD 3/31/2009 547
18025 SKYLAND CIR $1,425,000 4 3.2 5,379 DETACHD 4/6/2009 54
15805 OSWEGO SHORE CT $1,488,850 3 2.1 3,870 DETACHD 4/22/2009 33
12901 SW GOODALL RD $2,195,000 4 4.1 5,333 DETACHD 3/20/2008 679

SOLD (May 25-May 31, 2009)

ADDRESS ORIG. PRICE SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
 PROP TYPE
DOM
Address O/Price Close Price # Beds # Baths Total SF Prop Type List Date CDOM
4000 CARMAN DR $144,000 $151,000 2 2 932 CONDO 4/19/2009 8
13880 SUNDELEAF DR $234,500 $200,000 2 1 976 DETACHD 1/23/2009 84
5054 FOOTHILLS DR $278,500 $255,000 2 2 1,312 CONDO 2/17/2009 295
3190 DUNCAN DR $304,900 $270,000 3 2.1 2,401 DETACHD 12/16/2008 115
820 MCVEY AVE $335,000 $311,000 3 1.1 1,446 DETACHD 1/12/2009 489
2 SUMMIT RIDGE CT $354,900 $349,900 2 2.1 1,750 ATTACHD 3/18/2009 25
2957 GLEN EAGLES RD $599,000 $390,000 4 3 3,288 DETACHD 2/3/2009 87
4 DA VINCI ST $599,950 $599,950 5 3 3,100 DETACHD 4/6/2009 11

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.

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First Time Home Buyer? ~ What to Expect:

house

I was reading an article recently regarding the $8,000. tax credit for first time home buyers, and the writer expressed shock at how many people are completely unaware of it. I have noticed in my own practice recently that the larger PR machine has evidently not been doing a very good job at educating the public, as some of my clients reveal innocence on this subject as well when they discuss their leisurely plans to purchase “sometime in January of next year” etc. (the tax credit is only applicable if the home purchase is completed before December 1st of this year.) I also have heard more & more folks lately talking about attending “First Time Home Buyer Classes” presented usually by Realtors and Mortgage Brokers as a service to the public.

It seems to me that there is a real need for information out there right now. I thought I’d give a little primer below on at least the basics of what to expect during your first home-buying experience. Hope you find it helpful!

(Note: The sequence below does not apply to each and every transaction as each is individual and scenarios/time lines obviously vary. Your Realtor will be doing many more things behind the scenes than I indicate below as well, but I am sticking to outlining YOUR experience and how you can expect that to unfold… generally speaking.)

  • Retain services of a mortgage professional (lender) to give you best options for financing, and have an approval letter ready for you when you make an offer. Discuss “closing costs” with your mortgage professional, and review the “good faith estimate” that they will provide to you. (If you have a relationship with a Realtor first, ask them to recommend good resources for you.)
  • Work with your Realtor to find the home that meets your needs.
  • Work with your Realtor to determine appropriate offer & details/then write it up.
  • Realtor submits offer to Seller along with approval letter from lender and earnest money check. Note: The EM check is to show good faith, and is applied to the sale should your offer be accepted and proceed to close. Talk with your Realtor about what amount will put your best foot forward. (*Sometimes Promissory Notes may be used, and/but I highly recommend using an EM check to be taken most seriously.
  • Receive response/acceptance/counter from Seller in time frame you specified on the offer (in a normal transaction you typically ask for response within 24 hours, but if it is a “short sale”, the process of hearing back that you are indeed accepted by all parties concerned can take months.)
  • Upon mutual acceptance (usually within 1-3 days), schedule an inspection ASAP (you have 10 business days to conduct inspections & may back out if concerns arise during this time). Your Realtor will help you with this- Ask him or her for good resources to guide you through the process of inspecting the home. Prices vary, but a 2000 square foot house will often run around $400. more or less, and size as well as other factors come into play in the cost of an inspection.
  • Upon mutual acceptance, your earnest money check is sent to the Escrow Office, and held by them on your behalf until closing, or until nullification of the offer if this occurs within your inspection period.
  • Realtor writes and negotiates any Inspection Addendum items during this period according to your wishes (you will work with your Realtor to discuss and determine any give and take in the negotiation process that may occur. Your Realtor will offer you information and give professional advice, negotiating on your behalf and with your permission. You are in the driver’s seat, and you make the final decisions albeit under good counsel.
  • Upon mutual acceptance & reaching the end of your inspection period, your Realtor notifies the lender who orders the appraisal.
  • Your Realtor continues to work with the lender as the lending process moves forward. As long as the appraisal comes back at or above sale/offer price, you will proceed to closing through the underwriting process of the lender. Should the property not appraise for at least the sale amount, the lender will bring this to your attention and there will be some decisions for you to make around the sale price and your desire for the home (you are not required to pay any monies over and above the appraisal amount, and lenders will not lend more than the appraised value generally speaking.)
  • You may be requested by the underwriter to provide additional information on a case by case basis. Your Realtor will work with you and help in any way possible and appropriate to facilitate the flow of information required from you, but you are in the driver’s seat as far as responsibility to provide the necessary information to the lender.
  • When all underwriter/lender requirements have been met, the file is signed off by the underwriter, and passed to Escrow. The whole lender process usually takes around 3-4 weeks.
  • Escrow processes all paperwork, title insurance, and all distribution of funds between you and the seller as per the contract provisions agreed upon between you and the Seller. Documents are drafted, and a “signing date/time” is scheduled. (“Signing” is not the same as “Closing”.)
  • Your Realtor will often attend your signing with you to help with any questions that arise, and to offer moral support. (Frankly, I just love being a part of the exciting culmination of the home buying adventure!)
  • Escrow will then send signed documents back to the lender, and to the county. The transaction will then “close” or “fund & record” in 1-2 days after signing, at which time you will receive a call that you are a homeowner!
  • Your Realtor will usually meet you at your new home and deliver you the keys. (More fun!)
  • The whole process from offer to close usually takes around 30 days… sometimes 40-45. It can take a little longer depending on the lender, and sometimes it takes less time than that. You and your Realtor will assign a “no later than” date on your offer in conjunction with talking to the lender about their current load & closing time line. All parties are then obligated to “perform” within that time frame, or draft an addendum extending the closing date if that proves necessary and IF all parties agree to do it. (Because there always exists the possibility that one party may not agree to sign an extension addendum, and the contract specifically states “on or before” a particular date, the closing date is a binding contractual agreement and should be taken very seriously. As a buyer, your earnest money is at stake if you should not “perform” to contact terms.)

The above may be missing some pieces of the puzzle as each transaction is different, and various issues can arise during the process, but hopefully this give you a basic idea of how it will go!

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Market Activity Report ~ May 11 – 17, 2009

This last week Lake Oswego saw 23 new properties placed on the market, Pending sales at 12 and 4 Sold/closed. We’re still seeing buyers out for all price ranges, and the trend continuing of newer listings selling as well as homes that have been on the market for extended periods… it is one or the other it seems!

Here is the latest market activity for Lake Oswego (see below the tables for additional notes):

NEWLY LISTED (May 11—May 17, 2009)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
 PROP TYPE
LIST DATE
Address List Price # Beds # Baths Total SF Prop Type List Date
45 EAGLE CREST DR $134,900 2 1.1 1,056 CONDO 5/14/2009
3433 MCNARY PKWY $157,500 2 2.1 1,208 CONDO 5/11/2009
86 KINGSGATE RD $159,900 2 2 924 CONDO 5/11/2009
45 EAGLE CREST DR $259,900 3 2 1,348 CONDO 5/13/2009
222 CERVANTES $259,990 3 1.1 1,464 CONDO 5/15/2009
16850 CORTEZ CT $285,000 4 1.1 1,232 DETACHD 5/12/2009
16501 LAKE FOREST BLVD $319,900 3 1 1,429 DETACHD 5/13/2009
13024 ROGERS RD $389,900 4 1 1,826 DETACHD 5/15/2009
12519 27TH PL $399,000 3 2.1 1,975 DETACHD 5/11/2009
4181 COBB WAY $429,900 4 3 2,248 DETACHD 5/14/2009
17825 SARAH HILL LN $464,900 4 2.1 2,525 DETACHD 5/15/2009
14 TANGLEWOOD DR $499,999 5 3 3,384 DETACHD 5/14/2009
2062 CEDAR CT $525,000 3 1 1,800 DETACHD 5/15/2009
17445 LAKE HAVEN DR $539,900 4 3 2,949 DETACHD 5/11/2009
4040 VIRGINIA WAY $595,000 4 2.1 2,484 DETACHD 5/11/2009
18490 RAY RIDGE DR $679,900 4 3 3,426 DETACHD 5/15/2009
17455 BLUE HERON RD $850,000 3 2 2,572 DETACHD 5/13/2009
3967 CANAL RD $1,150,000 4 4 3,800 DETACHD 5/12/2009
2625 SUMMIT DR $1,337,500 4 3.1 4,212 DETACHD 5/11/2009
624 ATWATER RD $1,438,000 5 3.1 4,465 DETACHD 5/11/2009
18977 BARTON RD $1,695,000 4 3.1 4,648 DETACHD 5/15/2009
397 FURNACE ST $1,850,000 3 2.1 2,864 DETACHD 5/13/2009
13701 GOODALL RD $2,475,000 4 4.1 6,028 DETACHD 5/14/2009

PENDING SALES (May 11-May 17, 2009)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
 PROP TYPE
DOM
Address List Price # Beds # Baths Total SF Prop Type List Date CDOM
1897 BOCA RATAN DR $237,100 3 2.1 1,739 ATTACHD 4/13/2009 33
5101 JEAN RD $242,000 3 1 1,012 DETACHD 1/22/2009 233
200 Burnham RD $264,850 2 2 1,313 CONDO 6/30/2007 682
1615 HALLINAN ST $279,000 3 1.1 1,500 DETACHD 2/17/2009 86
1107 CEDAR ST $324,999 4 3 2,485 DETACHD 5/11/2009 4
18307 LONGFELLOW AVE $329,900 3 2 1,457 DETACHD 5/7/2009 262
18929 TERRY AVE $356,950 4 2 2,065 DETACHD 3/30/2009 44
2317 STONEHURST CT $749,900 4 2.1 4,455 DETACHD 5/1/2009 374
13874 TAYLORS CREST LN $750,000 4 2.1 3,701 DETACHD 5/11/2009 3
5513 RACHEL LN $799,999 4 2.1 3,149 DETACHD 4/16/2009 435
18224 Bella Terra DR $1,294,000 4 4 4,050 DETACHD 4/11/2008 397

SOLD (May 11-May 17, 2009)

ADDRESS ORIG. PRICE SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
 PROP TYPE
DOM
Address O/Price Close Price # Beds # Baths Total SF Prop Type List Date CDOM
4 TOUCHSTONE $93,000 $86,000 2 2 979 CONDO 4/10/2009 10
5235 OAKRIDGE RD $324,900 $290,000 3 2.1 1,576 DETACHD 11/18/2008 129
5441 DENTON DR $599,000 $599,000 3 2.1 3,331 DETACHD 1/26/2009 242
17706 MARYLBROOK DR $685,000 $623,500 3 2.2 3,039 DETACHD 12/14/2008 392

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.