Open Houses January 9, 2011

The sun is supposed to be peaking out & there are 22 houses scheduled to be held open this Sunday.  One is my listing at 979 Devon Lane.  Come see me from 1-3PM & enjoy a great tour of homes!

Here are the “Opens” according to RMLS:

Address L/Price # Beds # Baths Total SF Prop Type Open
13990 SHIREVA CT $265,000 3 2 1651 DETACHD 2-4PM
53 ORIOLE LN $280,000 3 2.1 2072 DETACHD 12-3PM
17350 KELOK RD $375,000 3 1.1 1415 DETACHD 1-3PM
17187 CARLSON CT $395,000 4 3 2082 DETACHD 1-4PM
17944 TUALATA AVE $418,850 5 3 2325 DETACHD 12-2PM
4500 GALEWOOD ST $420,000 3 3 2408 DETACHD 1-4PM
979 DEVON LN $449,900 4 3.1 2162 DETACHD 12-3PM
12 SCARBOROUGH DR $479,900 4 2.1 2892 DETACHD 1-4PM
19415 SW DOGWOOD CT $499,900 5 3 3517 DETACHD 1-4PM
19319 SW DOGWOOD CT $499,900 4 2.1 3105 DETACHD 1-4PM
5705 SOUTHWOOD DR $549,000 4 2.1 3360 DETACHD 1-3PM
19263 MEGLY CT $549,900 5 3 3213 DETACHD 1-4PM
19245 SW MEGLY CT $559,900 5 3 3490 DETACHD 1-4PM
17981 MEADOWLARK LN $559,900 3 2.1 3250 DETACHD 11-4PM
5511 FIELDSTONE CT $678,950 4 2.1 3037 DETACHD 1-3PM
5533 FIELDSTONE CT $688,950 4 2.1 3115 DETACHD 2:30-4:30PM
15459 VILLAGE DR $695,000 4 3.1 3059 DETACHD 1-4PM
1217 TYNDALL CT $698,500 4 4 5181 DETACHD 2-4PM
15622 FIELDSTONE DR $718,950 3 2.1 3113 DETACHD 1-3PM
5320 SOUTHWOOD DR $748,000 4 3 3646 DETACHD 1-3PM
1309 HORSESHOE CURV $849,000 4 3 3087 DETACHD 1-4PM
3700 UPPER DR $1,390,000 4 3.1 5191 DETACHD 1-4PM

Mortgage Assistance

There has been talk on the news lately that many people who might qualify for the government program to potentially help pay a year’s worth of mortgage payments do not seem to be taking advantage it.  Speculation has been that either 1) People believe it sounds too good to be true, or 2) People don’t know about it.

The following is basic information about the program for you to pass on to someone you love who may qualify (thanks to Naida Paris of The Valley Mortgage Group):

* Have you had a 25% drop in income from 2008 or 2009 and need help with your mortgage payment?

* Please go to www.oregonhomeownerhelp.org .  If you are chosen for the program your mortgage payments may be made for 12 months or up to $20,000.

* You do not need to be behind in payments.

* There is no credit report pulled to qualify you.

* There is no debt ratios requirement.

This program is statewide, funded by stimulus funds.  You can apply until January 14, 2011.  Each County is given an allotment of funds based on their economic need.  After you apply online, you will then bring income and asset documentation to your local housing authority to verify the loss of income.

Market Activity for 12/20/10 to 1/2/11

Happy New Year everyone! Linda and I are hoping you have had memorable holidays and are now getting into the swing of the New Year. This week’s activity report actually covers 2 weeks due to our own holiday break.

I find it really interesting to look at what happened during the holidays. The expectation is generally thought to be not much. Well, that was not the case. 25 houses went pending! I know that is for a 2 week period, but that is right in there with the better weeks during the summer. My advice holds true: buyers who are looking at the holidays are doing so because they are serious buyers. We also had 15 genuinely new listings and 11 closed sales.

New 12/20/10 to 1/2/11

Address Price Type BR Bath Sq Feet
100 Kerr Pkwy #16 $80,325 Condo 2 1.5 823
15938 Quarry RD 8A $99,500 Condo 2 1 991
4425 Thunder Vista Ln $189,900 Condo 3 2.5 1980
17950 Kelok Rd $319,000 Detached 3 2 2376
4821 Dawn Ave $349,999 Detached 3 2 1955
3 Condolea Dr $375,000 Attached 3 3 2198
30 Wilbur St $412,900 Attached 2 2.5 2664
1651 Devon $414,950 Detached 4 2.5 2453
762 Maple St $449,000 Detached 3 2.5 2242
760 Timberline Dr $459,000 Detached 5 3 3058
5714 Charles Cir $460,000 Detached 4 3 2501
14232 Meadow Grass St $629,900 Detached 4 3 2856
15805 Twin Fir Rd $789,000 Detached 4 3.5 2797
568 9th St $838,950 Detached 3 3.5 2825
3736 Eleanor Ct $920,000 Detached 4 3.5 3080

Pending 12/20/10 to 1/2/11

Address Price Type BR Bath Sq. Feet
57 Galen $69,000 Condo 1 1 689
200 Burnham Rd #204 $114,900 Condo 2 2 1313
200 Burnham Rd #209 $135,000 Condo 2 2 1334
4085 Jefferson Pkwy $148,900 Condo 2 2.5 1851
4093 Jefferson Pkwy $159,900 Attached 2 2.5 1359
1751 Aspen Ct $231,900 Detached 3 2 1550
1818 Country Club Rd $249,900 Detached 4 2 1596
14101 Goodall Rd $289,900 Detached 4 2 1816
65 Greenridge Ct $295,000 Condo 2 2 1314
156 Greenwood Rd $305,900 Detached 2 2 3722
1900 Greentree Rd $319,900 Detached 4 3 3032
1866 Kilkenny Dr $330,000 Detached 3 3 3600
2021 Cedar Ct $350,000 Detached 4 3.5 4114
252 North Shore Rd $369,000 Detached 3 1 2280
1931 Woodland Terr $369,000 Detached 4 3 2817
675 10th St $395,000 Detached 4 2 2280
73 Tanglewood Dr $419,900 Detached 4 3.5 4278
762 Lake Forest Dr $439,900 Detached 4 3 2400
775 Boca Ratan Dr $439,990 Detached 4 3.5 2727
15543 Village Dr $524,900 Detached 4 2.5 3081
567 2nd St #302 $535,000 Condo 2 2 1459
12211 Orchard Hill Rd $639,900 Detached 4 3 3941
1643 Village Park Ln $639,900 Detached 4 3.5 4505
1901 Cheryl Ct $949,900 Detached 4 4.5 4863
444 Ridgeway Rd $1,150,000 Detached 3 2 2099

Sold 12/20/10 to 1/2/11

Address Orig. Price Sold Price type CDOM Sq Feet
3433 McNary Pkwy #204 $107,500 $99,900 Condo 39 1008
668 McVey Ave #32 $184,900 $198,450 Condo 6 985
17952 Cardinal Dr $309,900 $288,000 Detached 72 1702
2000 Greentree Rd $359,000 $335,000 Detached 135 2548
864 6th St $399,000 $355,000 Detached 182 2403
17031 Crestview Dr $499,900 $422,500 Detached 496 2403
230 4th St $619,900 $469,000 Detached 123 2165
3103 Wembly Park Rd $720,000 $600,000 Detached 401 3774
5371 Langford Ln $694,950 $674,000 Detached 40 2950
15444 Boones Way $998,500 $940,000 Attached 0 3364
333 Northshore Rd $1,900,000 $1,900,000 Detached 233 5152

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

Happy Holidays to You!!!

As Christmas weekend approaches, Dianne and I wanted to take a moment and wish you a very peaceful and joyous holiday with your friends and family.  It is such a pleasure for us to write this blog and to serve your needs through the year, and we appreciate each of you so much.

We will be taking a little holiday ourselves, and will be back with our weekly Activity Report on Monday, January 3rd, 2011.  Till then…. stay safe, warm and happy.

Merry Christmas & Happy Holidays!!!

Dianne and Linda

Market Activity for December 13-19, 2010

Last week brought 7 new listings, 6 pending sales, and 8 closed sales to Lake Oswego.

New December 13-19, 2010

Address Price Type BR Bath Sq Feet
16250 Pacific Hwy #81 $99,000 Condo 1 1 841
790 Boca Ratan Dr $249,900 Detached 3 2 2112
12808 SW Boones Ferry $279,000 Attached 3 2.5 1174
1635 Village Park Ln $649,000 Detached 4 3.5 3338
727 Laurel St $650,000 Detached 4 3.5 2924
1309 Horseshoe Curve $849,000 Detached 4 3 3087
14062 Goodall Rd $979,950 Detached 3 3.5 3887

Pending Dec. 13-19, 2010

Address Price Type BR Bath Sq. Feet
200 Burnham Rd #204 $119,000 Condo 2 2 1313
4438 Thunder Vista Ln $169,900 Condo 2 2.5 2040
19211 Marlin Ct $225,000 Detached 3 2.5 2091
19167 Longfellow $279,000 Detached 3 2.5 1782
17952 Cardinal Dr $304,900 Detached 3 2 1702
13888 Shireva $475,000 Detached 4 3 3756

Sold Dec. 13-19, 2010

Address Orig. Price Sold Price type Sq Feet CDOM
5057 Foothills Dr C $189,900 $179,000 Condo 1252 9
17335 Ashley Ct $294,900 $244,000 Attached 2161 83
32 Churchill Downs $448,250 $350,000 Detached 3016 272
2602 Orchard Hill Pl $409,900 $399,000 Detached 2568 44
4685 Upper Dr $600,000 $500,000 Detached 3341 68
17555 Redfern $749,900 $583,000 Detached 3007 256
3943 Tempest $669,000 $599,000 Detached 3714 119
3155 Douglas Circle $985,000 $915,000 Detached 4517 146

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 12/19/2010

According to the RMLS, there will be 18 open houses in Lake Oswego this Sunday.

Address Type BR Bath Price Open
4057 Jefferson Pkwy Attached 3 2.5 $179,900 1 to 3
4314 Botticelli Attached 2 2.5 $229,000 2 to 3:30
18231 Terry Ave Detached 3 2 $325,000 1 to 3:30
14251 Camden Ln Detached 3 2.5 $380,000 2 to 4
17187 Carlson Ct Detached 4 3 $395,000 12 to 3
775 Boca Ratan Dr Detached 4 3.5 $439,990 1 to 3
326 Lake Bay Ct Detached 3 2 $464,900 1 to 3
19415 SW Dogwood Ct Detached 5 3 $499,900 1 to 4
19319 SW Dogwood Ct Detached 4 2.5 $499,900 1 to 4
1278 Hide A Way Ln Detached 4 2.5 $549,000 1 to 3
17981 Meadowlark Ln Detached 3 2.5 $559,900 11 to 4
19263 Megly Ct Detached 5 3 $559,900 1 to 4
19245 Megly Ct Detached 5 3 $559,900 1 to 4
5511 Fieldstone Ct Detached 4 2.5 $685,000 2:30 to 4:30
5533 Fieldstone Ct Detached 4 2.5 $695,000 2;30 to 4:30
15622 Fieldstone Dr Detached 3 2.5 $725,000 2:30 to 4:30
18209 Siena Dr Detached 5 3.5 $1,058,000 1 to 3
18222 Siena Dr Detached 4 3.5 $1,189,000 1 to 3

Have a great weekend!

Ideas for Winter Curb Appeal

As a seller, you want to do everything your time and your budget will allow to maximize the price you will receive for your home, and to shorten the length of time it takes to make that happen. Just because it is winter does not make the rules change. So, just like the rest of the year, you want to make your home look as attractive as possible. Today I want to concentrate on the exterior.

First, all of the usual apply: the paint and roof need to be in good condition with no peeling, moss or damage. The lawn needs to be mowed and edged. Trees and shrubs need to be trimmed back to enhance the house and not hide it. Please, please, please rake up and dispose of leaves and tree needles. I have shown homes that are literally buried in leaves. Why would any seller allow that to happen? It is insane. The only correction, beyond getting busy and fixing the situation, is to drop the price. I am serious when I say that a yard that needs leaf removal can cost a seller $10,000. A hard weekend of work or $10,000….hmmmmmm…. it seems pretty obvious to me. Leaving the messy leaves and needles all over the yard makes buyers think that this house needs work. And the compensation they want when they are going to have to do work is money.

Second, there are things you can do, at very little expense, that can actually make that winter yard both inviting and attractive:

Add splashes of color
Consider planting winter kale or pansies in the planters and boarders of your garden. At the holidays, festive decorations are both inviting and attractive, but do not go over board. You don’t want your house to scream “yard sale” rather than Happy Holidays.

Give it seasonal sparkle
Consider using winter greens (which you can often get free from the Christmas tree lots), along with holly and cones in otherwise dormant planters and window boxes.

Show off your garden’s livability
Do set out your yard furniture and tables. Keep them clean and inviting. You may not be actually using them much, but your buyer will look at the back deck or patio and quickly see it is a place to be enjoyed. Do not cover the yard furniture with plastic to resemble large rocks or meteorites that randomly plopped into the yard. You want the deck and patio to look like an extension of the living space in the house.

Keep the pathways clear
On extreme days, beyond raking leaves and needles, this may involve shoveling snow. Realtors and their clients need to be able to get to the house!

Keep decks and patios in good repair
Treat the wood so that is fresh and clean. You may need to replace rotted wood or even the entire deck. In this market a rotted deck will quickly turn off picky buyers. Again, you’ll probably loose more in price than the cost of the work. And this is the time of year when moss is a problem on both decks and patios, making them slippery and dangerous. Clean them up.

Light it bright
With the shortened days, it may be dusk or dark when buyers visit your home. Turn on all outside lights and consider adding a few temporary spot lights to focus on the homes architecture and landscaping.

Yard statuary helps, a lot
I don’t want to suggest that you go out and buy a bunch of garden art. But if you have it, make it visible. Place it where it will draw the buyers eyes out into the yard to see the flower beds and the features of the yard. You don’t want to allow the yard art to be too much or messy (again, not a garage sale), but creatively placed, even simple and inexpensive pieces such as drift wood, river rock, and small statuary will add a lot.

Create a photo display of sunny days
Set this up inside where it can be easily found and enjoyed. If you have a prized rose garden, let your buyer know that by showing a photo of the garden in full bloom.

The percentage of sellers who take the time to make their garden look good in the winter is very small. So when you do it, you will stand out. And that is a big factor that will play in your favor. I think the trick in selling a home is to know the market and then know how to work it to your advantage.

Best of the season, in all of its winter glory, to you.
Dianne

P.S. Thank you G.B. for sharing your beautiful garden with me. It was a total pleasure to meet you this morning. What wonderful ideas you have!

P.S.S. Further information can be found at www.Realtor.org/realtormag

Market Activity Report ~ Dec 6-12, 2010

Happy December to all our Property Blotter readers! I have so many people ask me lately: “People don’t buy houses during the holiday season do they?” The first full week of December in Lake Oswego posts 8 homes New on the market (or that have been off for at least 30 days as in the case of a couple of these below), 9 that have moved to Pending status, and 6 that have Sold. My experience has always been a busy one around this time of year!

In the “Sold” section below I added a column (sorry it makes things kind of squished). We usually show what price the property Opened at, and then what price it Closed/Sold at. I inserted the “List Price” in between so that you can see the progression from left to right of how the price shifted, (or not as the case may be).

Here is last week’s Lake Oswego Market Activity according to RMLS:

New December 6-12, 2010

Address List Price # Beds # Baths Total SF Prop Type
44 EAGLE CREST DR #8 $87,000 2 1 908 CONDO
18963 LONGFELLOW AVE $299,900 3 1.1 1232 DETACHD
17614 SCHALIT WAY $303,900 3 2 1561 DETACHD
18231 TERRY AVE $325,000 3 2 1764 DETACHD
1459 GREENTREE CIR $335,000 3 2 1683 DETACHD
1571 WOODLAND TER $349,900 3 2 2400 DETACHD
1952 Park Forest $389,900 5 3 2856 DETACHD
1901 CHERYL CT $949,900 4 4.1 4863 DETACHD

Pending Dec. 6-12, 2010

Address List Price # Bedrs # Baths Total SF Prop Type CDOM
4000 CARMAN DR 102 $119,950 2 2 866 CONDO 39
200 BURNHAM RD 408 $149,000 2 2 1335 CONDO 1172
46 GREENRIDGE CT $189,900 3 2.1 2128 CONDO 131
18530 PILKINGTON RD $229,900 3 2 1925 DETACHD 35
15824 BOONES WAY $361,900 3 2 1895 DETACHD 58
4198 GLACIER LILY ST $389,000 4 3 2806 DETACHD 3
16942 CHERRY CREST DR $410,000 4 2.1 2363 DETACHD 11
17031 CRESTVIEW DR $449,900 4 3 2403 DETACHD 496
14480 KRUSE OAKS BLVD $725,000 4 3.1 4661 DETACHD 281

Sold Dec. 6-12, 2010

Address O/Price List Price Close Price # Beds # Baths Total SF Prop Type CDOM
1520 LABURNUM WAY $299,000 $299,000 $285,000 4 2 1724 DET 464
17640 TREETOP WAY $524,995 $447,000 $415,000 4 3 2718 DET 199
17455 BLUE HERON RD $575,000 $575,000 $535,000 3 2 2572 DET 519
14370 PFEIFER DR $669,000 $629,000 $610,000 4 2.1 3318 DET 98
920 OAK TER $649,950 $649,950 $653,000 4 2.1 3467 DET 133
13322 LESLIE CT $1,098,000 $1,098,000 $975,000 5 3.1 4449 DET 75

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

Lake Oswego Open Houses ~ Dec. 12, 2010

There are 14 properties being held Open in Lake Oswego for Sunday the 12th.

Here is what’s on tap according to RMLS. Enjoy!

Address L/Price # Beds # Baths Total SF Prop Type Time
5055 FOOTHILLS DR C $239,900 2 2 1252 ATTACHD 1-4PM
19415 SW DOGWOOD CT $499,900 5 3 3517 DETACHD 1-4PM
19319 SW DOGWOOD CT $499,900 4 2.1 3105 DETACHD 1-4PM
1060 UPPER DEVON LN $524,000 3 2.1 2400 DETACHD 1-3PM
19245 SW MEGLY CT $559,900 5 3 3490 DETACHD 1-4PM
19263 MEGLY CT $559,900 5 3 3213 DETACHD 1-4PM
5511 FIELDSTONE CT $685,000 4 2.1 3037 DETACHD 2:30-4:30PM
5533 FIELDSTONE CT $695,000 4 2.1 3115 DETACHD 2:30-4:30PM
1100 UPPER DEVON LN $699,000 4 3.1 3672 DETACHD 1-3PM
1217 TYNDALL CT $699,000 4 4 5181 DETACHD 1-4PM
15622 FIELDSTONE DR $725,000 3 2.1 3113 DETACHD 2:30-4:30PM
649 9TH ST $749,900 3 2.1 2812 DETACHD 1-3PM
18209 SIENA DR $1,058,000 5 3.1 3839 DETACHD 1-3PM
18222 SIENA DR $1,189,000 4 3.1 3998 DETACHD 1-3PM

News & Notes

The holiday season is in full swing! It also means we are nearing year’s end, and the City of Lake Oswego is busy on many fronts related to planning in various areas, and of course there are toy drives, food drives and blood drives as well. Here are a few activities and events coming up in the next few weeks:

* Lake Oswego is hosting a Blood Drive at City Hall on Friday, December 10th from 10:00AM till 3:00PM. They say that walk-ins are welcome, and/but making an appointment in advance helps them to keep things moving along smoothly. If you’d like to schedule an appointment, please call 503 675 6394.

* The discussion and debate on new codes relating to “Sensitive Lands” is entering a new phase. The City Council is holding a hearing to discuss the code changes, and says that the changes have been designed to “…maintain legal compliance while decreasing regulations on sensitive lands.” The hearing is set for December 13th at 6:30PM in Council Chambers.

* Lake Oswego is exploring the possibilities for enhanced public transit between Lake Oswego and Portland. The Draft Environmental Impact Statement can be viewed here: DEIS A public hearing before the Project Steering Committee is scheduled for January 24th from 5:00PM – 8:00PM at the Lakewood Center.

* It’s Free Shred Day again!!! Bring your shred-ables to the West End Building at 4101 Kruse Way on Saturday, December 11th from 10:00Am till 1:00PM or until the truck is full.. For more information/guidelines etc, click HERE.

* Lake Oswego Parks and Recreation has a Questionnaire for your input. The purpose is to solicit feedback that will help them determine the way the park system will look in the next 10 – 15 years. To participate, click HERE.

* Lake Oswego’s Toy and Food Drives are nearing their deadlines. There are stockings that can be picked up and returned filled for needy families in Clackamas County. Drop off sites include City Hall, The West End Building and the Adult Community Center, but time is running out. Also, the Oregon Food Bank is in dire need of more donations this year. You may make a non-perishable food donation at any of the same drop-off locations. For more information please call 503 635 0257.