News & Notes

We hope you are enjoying your summertime, and that if you are in the market for a new home, or looking to sell yours and make a change, you will think of us here in Lake Oswego!  Dianne and I are here to serve you.

Concerts Galore!    It’s summertime in Lake Oswego and Outdoor Concert Season is in full swing!   Click HERE for details on who, where & when!

Lake Oswego Wiki   Looking for information on all things Oswego?   Check out THIS LINK for a massive reservoir of data.

Greater Portland Area Real Estate Trends  Click HERE for a recent article on current market activity in Portland and surrounding areas.

Mortgage Notes  You may have heard that Wells Fargo recently announced its departure from the wholesale mortgage market.  This will not affect any loan currently in progress as far as we understand it.  Talk to your Wells Fargo representative to check on your loan status if you are in process of closing a home mortgage. Click HERE for a recent Business Journal article.

 

LO Named One of 10 Best Towns for Families

Family Circle Maganzine has named Lake Oswego one of the Nation’s 10 best towns for families. This came as no surprise to me. It’s why I moved here. I think it’s why many people move here. This is simply a great place to raise kids.

Here is what Family Circle had to say:

Lake Oswego, Oregon

Population: 36,396
Median Income: $83,397
Median Home Price: $361,317
Households with Kids: 30%
Student/Teacher Ratio: 22:1
Great Schools Rating: 10

Beth Taylor, 53, rarely travels far from this scenic Portland suburb for family vacations. She and husband Mitch, a 52-year-old tech firm executive, along with kids Grant, 18, and Margaret, 9, have hiked in the Cascades, skied at Mount Hood and floated down the McKenzie River—all just a two- or three-hour drive away. The Taylors can also get their nature fix by walking out the front door, since their home borders a 645-acre forest known as Tryon Creek State Park. “When you’re on the trails, it’s easy to forget that you live anywhere near a city,” says Beth. But what she appreciates most about Lake Oswego is its caring citizens. To make up for school budget cuts, parents raised more than $2 million last year to hire teachers and keep classes small. And when Grant was hurt during a football game last October, two neighborhood doctors met Beth and Mitch in the ER for moral support and stayed with them through the night; when Grant returned home, the family’s voicemail and e-mail boxes were filled with hundreds of good wishes and their fridge had been stocked with food. “Not unusual at all,” says Beth. “People here go all out to support each other.”

Good Deeds: Every year students at Lake Oswego High spend one of their days off from school doing volunteer work, from cleaning the local library to mucking out stalls at a horse stable for disabled youth. In April 700 kids stepped up; next year’s goal is for all 1,200 to take part.

News & Notes

Here are some Market Notes for You~

According to the RMLS Market Action Report for June 2012 fo the Portland Metro Area “Every measure of real estate activity is positive when comparing June 2012 with June 2011”:

  • There were 21.7% more accepted offers,
  • There was an increase of 14.6% ,
  • The Median Sales Price rose 8.6%,
  • ***AND… This is the third month in a row that the Median Sales Price has risen.

The combined area of Lake Oswego and West Linn  reported:

  • 627 Active Listings
  • 225 New Listings
  • 146 Pending Sales
  • 160 Closed Sales
  • An average Sale Price of $422,500.
  • Average Time on the Market: 135 Days

 

 

 

 

News & Notes

 

* City offices will be closed on July 4th.  Have a fantastic holiday!!!

* 4th of July celebrations begin on July 3rd in Lake Oswego with Millenium Park Plaza Concert &  Presentation of the Colors by Police Honor Guard. On the 4th there is a pie-eating contest, Star Spangled Parade, and of course Fireworks!  CLICK HERE  for more details.

* For 4th of July Parade Road Closures CLICK HEREFor Fireworks Road Closures CLICK HERE.

* First Fridays enjoy art from talented artists, wonderful cuisine and beverages from Mayher’s Pub at Millenium Plaza Park as well as live musical performances fom 5:00-8:30PM.

* A Avenue Summer Construction is slated for July – Sept. For more info CLICK HERE.

News & Notes

Here are some Market Notes for You~

According to the RMLS Market Action Report for May 2012, the combined area of Lake Oswego and West Linn  reported:

  • 615 Active Listings
  • 201 New Listings
  • 169 Pending Sales
  • 112 Closed Sales
  • An average Sale Price of $482,500.
  • Average Time on the Market: 167 Days

Also:

For the Portland Metro Area…………….

  • April 2012: Unsold inventory is at its lowest since March 2007
  • If you compare May to the previous month of April 2012, Closed Sales grew by 15.1%
  • Pending Sales (2522) representing highest in May since May 2007when there were 3054.
  • Closed Sales numbered 2098mwhich is a 20.4% increase over May 2011.
  • Aveage Sales Price rose 7.2% over May of 2011

 

 

June 10th Open Houses

This Sunday there are 28 scheduled open houses. Enjoy.

5880 Rockwood Ct, detached, $255,000, 3 BR, 2 Bths, open 1 to 4

18863 Indian Springs Rd, detached, $315,000, 4 BR, 3 Bths, open 2 to 4

19060 Indian Springs Circle, detached, $349,900, 3 BR, 2 Bths, open 2 to 4

352 A St, attached, $388,000, 2 BR, 2.5 Bths, open 1 to 3

5365 Lakeview Blvd, detached, $389,000, 4 BR, 2.5 Bths, open 1 to 4

1611 Lee St, detached, $429,900, 3 BR, 2.5 Bths, open 12 to 3

3220 Duncan Dr, detached, $499,900, 4 BR, 2.5 Bths, open 1 to 4

3838 River Edge Dr, detached, $525,000, 3 BR, 3 Bths, open 1 to 4

7 Mountain View Ln, detached, $535,000, 5 BR, 2.5 Bths, open 1 to 4

355 6th St, attached, $549,900, 3 BR, 3.5 Bths, open 2 to 4

17802 Treetop Ln, detached, $550,000, 4 BR, 3.5 Bths, open 1 to 3

13226 Rogers Rd, detached, $589,000, 4 BR, 2.5 Bths, open 1 to 3

6479 McDuff Ct, detached, $589,900, 3 BR, 2.5 Bths, open 12 to 3

15655 Fieldstone Dr, detached, $595,000, 3 BR, 2.5 Bths, open 12 to 2

15633 Fieldstone Dr, detached, $615,000, 4 BR, 2.5 Bths, open 12 to 2

5533 Fieldstone Ct, detached, $620,000, 4 BR, 2.5 Bths, open 12 to 2

17980 Meadowlark Ln, detached, $689,000, 3 BR, 2.5 Bths, open 1 to 4

18035 Skyland Circle, detached, $725,000, 4 BR, 2.5 Bths, open 1 to 3

5680 La Mesa Ct, detached, $769,900, 4 BR, 2.5 Bths, open 1 to 3

330 Northshore Rd, detached, $789,000, 4 BR, 3 Bths, open 1 to 4

2348 Oswego Glen Ct, detached, $875,000, 4 BR, 3.5 Bths, open 1 to 4

18231 Siena Dr, detached, $928,500, 4 BR, 3.5 Bths, open 1 to 3

16805 Scott Ct, detached, $979,000, 4 BR, 3.5 Bths, open 2 to 4

18202 Bella Terra Dr, detached, $1,075,000, 4 BR, 3.5 Bths, open 1 to 3

18132 Siena Dr, detached, $1,125,000, 4 BR, 3.5 Bths, open 1 to 3

4033 Westbay Rd, detached, $1,195,000, 4 BR, 3.5 Bths, open 12 to 3

18110 Siena Dr, detached, $1,198,950, 4 BR, 3.5 Bths, open 1 to 3

17282 Lake Haven Dr, detached, $1, 199,000, 4 BR, 2.5 Bths, open 1:30 to 4

1655 Edgecliff Terrace, detached, $1,250,000, 4 BR, 3.5 Bths, open 1 to 3

News & Notes

Here are some Market Notes for You~

According to the RMLS Market Action Report for April 2012, the combined area of Lake Oswego and West Linn  reported:

  • 618 Active Listings
  • 188 New Listings
  • 132 Pending Sales
  • 114 Closed Sales
  • An average Sale Price of $361,000.
  • Average Time on the Market: 142 Days

Also:

For the Portland Metro Area…………….

  • April 2012: Unsold inventory is at its lowest since June 2007
  • If you compare April to the previous month of March 2012, Closed Sales grew by 7.6%
  • Pending Sales are higher thn any month since August 2007
  • New Listings rose 5.3% compared to March 2012
  • Accepted offers rose by 4.1% compared to March 2012
  • The first 4 months of 2012 compared to 2011 show a rise in Closed Sales to the tune of 13.1%

 

News & Notes

Here are some Market Notes for You~

According to the just-released RMLS Market Action Report for March 2012, the combined area of Lake Oswego and West Linn  reported:

  • 613 Active Listings
  • 205 New Listings
  • 117 Pending Sales
  • 84 Closed Sales
  • An average Sale Price of $373,200.
  • Average Time on the Market: 152 Days

Also:

For the Portland Metro Area…………….

  • March 2012: Combination of fewer new listings & more closed sales = lowest unsold inventory since June 2007
  • 1st quarter 2012 as compared to 2011 shows increase of 12.2% in Closed Sales
  • 1st quarter 2012 as compared to 2011 shows increase of 18.2% in Pending Sales
  • 1st quarter 2012 as compared to 2011 shows decrease of 12% in New Listings
  • If you compare March to the previous month of February 2012, Closed Sales grew by 34.2%,

Happy Easter ~ No Open Houses

Easter Greetings from The Property Blotter.

According to RMLS there are no Open Houses in Lake Oswego this Easter.

Take a day to enjoy friends and family, and perhaps to ponder new and wonderful things in your life….

I’ll bet you can find several!

Enjoy!

 

News & Notes

What’s Happening in Lake Oswego? ~

 

* “Connected Community” Open House –  April 12th 4-7PM ~ The “We Love Lake Oswego” Comprehensive Effort is holding an Open House at the West End Building to hear your thoughts on how you could be best helped as you maneuver around Lake Oswego and to & from other metro locations.  You’ll have a chance to talk with staff and citizens participating in the Transportation Advisory Board. Share your thoughts on safety, walking, biking, roadways, public transit and more.  If you won’t be able to participate in person, you may share your ideas HERE.

*Hop at the Hunt ~  Saturday, April 7th, 11 AM, 2725 Iron Mtn. Blvd. – Fun!  Lake Owego’s Family Egg Hunt at the Lake Oswego Hunt Club will feature Easter Bunny Otis and friends, Lake Oswego Fire Truck, Pony Rides, Police Cruiser, Barn Tours, “Bella” the rabbit, Hot Cocoa Treasure Eggs, and an Egg Recycle Station. There will be a giant Chocolate Bunny given away, so remember to register at the entrance!  or for more information call:  503 636 0674.

*  Monday Morning Bird Walks ~ 7 AM during April in Tryon Creek ~ Join Audubon volunteer Rick Wagner for these fantastic adventures and learn the songs of common resident species among other things.  The walks begin at the Nature Center, 1132`1 SW Terwilliger Blvd. and are free & open to the public. To learn more click HERE.

* Bunkers Clubhouse Cafe ~ 9 AM – 5PM, Tues – Sun, Lake Oswego Golf  Course ~ The awaited Opening has arrived!  Be sure to be part of the fun as golfers and Lake Oswegans enjoy this new venue in a most popular spot.

Some Thoughts on Easter   : )  ~

At this time of year we start to see the blossoms on the trees, and the nascent sprouts of bulbs coming up from the ground for air, and to bloom for our (and their) pleasure.  We look at our neglected yards and start to daydream about plants to install decoratively and functionally (have you noticed how raised bed “victory” gardens have become the norm almost everywhere ???  I think this is so wonderful : )  We start to sneeze, and try to remember what alleviated our allergy symptoms last year.  As we drive down the street we notice more & more “for sale” signs as those who want to make a change of some sort venture forth (now is a great time to beat the onslaught of new listings to come, by the way).  Those of us planning vacations are booking flights online to get the best prices. Those of us who have awoken from a long winter slumber to new love or a new job or new anything are practically chirping with the birds as we greet the day in early morning hours…. and that is the biggest thing about this time of year.  Newness.  Everything seems new.  Look around… you might even see sunshine and blue skies as we get ready for the heavenly months to come in our beloved Oregon locale.  My only message here is to notice… Notice the newness in your life, and savor it.  Take advantage of it.  Live this day for the New day that it is. It will not come again.

Happy Easter!

Linda & Dianne