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An Amazing Market for Buyers…

What a market. Some of what CNN reports applies here locally and some does not, but no matter how you look at it, this is the time to buy if you’re so inclined. I am told by mortgage and financial planning experts that rates are not likely to go down, but only up (generally speaking) from here on out.

A professional I trust, Pat Goodell, with Prospect Mortgage, says:

“Aggressive measures to keep mortgage financing available for potential homeowners have been established now. This will help to stabilize housing prices and continue to make home ownership an affordable reality. HUD has created new programs to complement existing FHA options, and interest rates remain at very comfortable levels, fluctuating right now around 6% for 30-year fixed loans.

Appraisers in the Portland area are reporting values have leveled off – they are no longer seeing the significant drops in value we have seen in the last year.

Though there are still challenges in the economy and housing market, there are very clear steps being established to ensure that the consumer is able to purchase a home at affordable rates, while providing that the loan does not put them at risk in the future. The Four C’s of mortgage lending are important- Credit, Cash, Collateral (property), and Capacity (ability to make the payment), but there are still great programs available to allow the responsible person to get into a home with as little as 3% down, and even 0 down under the right circumstances.”

We here at the Blotter recommend that you talk to your real estate broker about the market, and assess your options if you have been thinking about buying but have been waiting for the “right moment”. We also welcome a call or an email to us too if you’re not working with anyone & want to talk about what buying would look like for you at this amazing time in real estate history.

Stay informed. Decide what is best for you. Knowledge + Discernment is the winning formula.

…….What a ride!

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Lake Oswego Real Estate Activity – November 24-30, 2008

Market activity typically slows down during the holidays and last weeks stats certainly reflect this.  Having said this, it is good to see that the market does have some activity.  7 new listings, 4 pendings and 4 closed sales happened last week.  While the market is slower, it is still very much happening.

NEWLY LISTED (November 24 —November 30, 2008)

ADDRESS
LIST PRICE
# BEDS
# BATHS
TOT. SQ FT
 PROP TYPE
LIST DATE
3433 MCNARY PKWY
$214,900
2
2
1,008
 CONDO
11/27/08
3834 BOTTICELLI ST
$224,900
2
2
1,055
 ATTACHD
11/24/08
600 TIPPECANOE CT
$439,800
3
2
1,812
 DETACHD
11/24/08
1189 SUNNINGDALE CT
$724,000
3
2
2,056
 DETACHD
11/26/08
51 HILLSHIRE DR
$849,900
3
2.2
4,306
 DETACHD
11/25/08
1667 VILLAGE PARK LN
$899,900
6
3.1
4,743
 DETACHD
11/24/08
1055 COUNTRY CLUB RD
$1,000,000
3
2
2,804
 DETACHD
11/24/08

PENDING SALES (November 24 —November 30, 2008)

ADDRESS
LIST PRICE
# BEDS
# BATHS
TOT. SQ FT
 PROP TYPE
DOM
668 McVey AVE
$144,850
0
1
485
 CONDO
740
455 10TH ST
$473,950
2
2
2,284
 DETACHD
180
17561 SHEPHERDS CT
$675,000
4
2.1
3,011
 DETACHD
287
13010 KNAUS RD
$1,249,500
4
3.1
4,312
 DETACHD
737

SOLD (November 17—November 23, 2008)

ADDRESS ORIG. PRICE SALE PRICE
# BEDS
# BATHS
TOT. SQ FT
 PROP TYPE
DOM
4644 LOWER DR
$136,900
$129,000
2
1.1
1,170
 CONDO
30
4000 CARMAN DR
$149,900
$135,000
2
2
869
 CONDO
22
2435 PARK RD
$749,990
$480,000
4
3
2,940
 DETACHD
302
16 NORTHVIEW CT
$599,900
$495,000
4
3.1
2,962
 ATTACHD
419

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.

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Open Houses for Sunday November 30th

Our very best Thanksgiving wishes to you and your loved ones this holiday weekend!

Should you be in the mood to browse some available Lake Oswego properties this Sunday (perhaps with those relatives you’ve been wanting to move closer to you so badly!) there are a whopping 3 that will be held open according to RMLS:

1307 Cedar St., $459,900, 4 bedrooms, 3 baths, Open 1-4

100 Garibaldi St., $1,299,000, 5 bedrooms, 3 baths + 2 1/2 baths, Open 1-4

16359 Chapin Way., $1,439,000, 4 bedrooms, 3 baths + 1/2 bath, Open 1-4

***Those of you new to the Property Blotter, please scroll down for the most recent market activity, and enjoy perusing our archived posts and features!

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Lake Oswego Real Estate Market Activity – November 17-23, 2008

Real estate activity is chugging right along in Lake Oswego this month.

New properties hitting the market during this last week total 31. 24 are detached, single family residences.  Of those 24, the ones listing for under $500,000. total 9.

Sold properties this last week total 9.  6 are detached, single family residences.  Of those 6, the ones selling for under $500,000. total 4.

We have 3 properties pending sale, and will just have to hold our horses to see how those “sold” prices come in.

Check it out:

NEWLY LISTED (November 17 —November 23, 2008)

ADDRESS
LIST PRICE
# BEDS
# BATHS
TOT. SQ FT
 PROP TYPE
LIST DATE
44 EAGLE CREST DR
$134,900
1
1
798
 CONDO
11/17
47 EAGLE CREST DR
$149,900
2
1
932
 CONDO
11/18
15938 QUARRY RD
$167,400
2
1
991
 CONDO
11/20
16790 LAKE FOREST BLVD
$199,900
2
1
780
 DETACHD
11/16
3876 BOTTICELLI ST
$199,900
2
2
1,286
 CONDO
11/18
12846 SW BOONES FERRY RD
$249,000
2
2.1
1,136
 CONDO
11/16
5063 FOOTHILLS DR
$259,000
2
2
1,031
 CONDO
11/16
5235 OAKRIDGE RD
$324,900
3
2.1
1,576
 DETACHD
11/17
5354 LOWER DR
$339,000
3
1
1,565
 DETACHD
11/18
18530 PILKINGTON RD
$339,000
4
2
1,925
 DETACHD
11/17
4051 VIRGINIA WAY
$389,500
3
2.1
1,658
 DETACHD
11/18
6109 SUMMER WOODS
$449,000
4
2.1
2,331
 DETACHD
11/18
1307 CEDAR ST
$459,900
4
3
2,054
 DETACHD
11/18
785 5TH ST
$480,000
3
2
2,208
 DETACHD
11/17
805 COUNTRY CLUB RD
$489,900
5
2
2,722
 DETACHD
11/16
1921 PARK FOREST CT
$529,000
3
2.1
2,531
 DETACHD
11/20
4676 WINTHROP CT
$599,900
4
2.1
3,112
 DETACHD
11/17
17784 TREETOP LN
$599,900
4
3
3,468
 DETACHD
11/17
4691 SW HERITAGE LN
$639,900
4
2.1
2,888
 DETACHD
11/20
18212 INDIAN CREEK DR
$649,000
4
2.1
2,313
 DETACHD
11/18
30 WILBUR ST
$679,000
2
2.1
2,664
 ATTACHD
11/17
19285 SW Megly CT
$699,900
4
2.1
2,587
 DETACHD
11/17
14204 KIMBERLY CIR
$700,000
3
3.1
2,900
 DETACHD
11/21
19263 SW Megly CT
$749,900
4
2.1
2,743
 DETACHD
11/17
2545 DELLWOOD DR
$779,000
5
3.1
3,843
 DETACHD
11/17
19245 SW Megly CT
$789,900
4
2.1
2,884
 DETACHD
11/17
19266 SW Megly CT
$789,900
4
2.1
3,025
 DETACHD
11/16
5435 WASHINGTON CT
$849,900
4
3.1
3,323
 DETACHD
11/18
1250 Andrews RD
$849,900
4
2.1
3,137
 DETACHD
11/20
17649 WOODHURST PL
$899,000
5
4.1
5,793
 DETACHD
11/16
3136 DOUGLAS CIR
$1,289,000
4
3.1
4,022
 DETACHD
11/20

PENDING SALES (November 17 —November 23, 2008)

ADDRESS
LIST PRICE
# BEDS
# BATHS
TOT. SQ FT
 PROP TYPE
DOM
68 WHEATHERSTONE CT
$325,000
4
3.1
2,465
 CONDO
299
17079 CHERRY CREST AVE
$469,000
3
2.1
3,002
 DETACHD
17
2057 SUMMIT DR
$998,000
4
3.1
4,396
 DETACHD
522

SOLD (November 9 —November 16, 2008)

ADDRESS ORIG. PRICE SALE PRICE
# BEDS
# BATHS
TOT. SQ FT
 PROP TYPE
DOM
3680 SPRING LN
$199,900
$187,000
2
2.1
1,152
 CONDO
220
595 6TH ST
$314,800
$257,050
3
1
1,520
 DETACHD
40
22 CONDOLEA DR
$339,900
$275,000
2
2
1,454
 CONDO
36
2870 PARK RD
$379,900
$396,000
4
2.1
2,380
 DETACHD
4
20 El Greco
$549,000
$420,000
4
3
2,425
 DETACHD
354
13340 AUBURN CT
$589,000
$485,000
3
2.1
2,451
 ATTACHD
222
1012 ANDREWS RD
$590,800
$495,000
3
2
2,246
 DETACHD
133
17760 LAKE HAVEN DR
$1,169,000
$800,000
4
2.1
2,051
 DETACHD
224
4256 LAKEVIEW BLVD
$1,295,000
$950,000
3
3.1
3,117
 DETACHD
436

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.

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Open Houses for Sunday November 23rd

For those of you who like to tour open houses, here is what the RMLS is listing as open this coming Sunday:

4206 Woodside Circle:

$284,900, 3 bedrooms, 2 baths, open 1-3

18959 Kristi Way:

$384,900, 3 bedrooms, 2 baths, open 1:30-4

3486 Ponderosa Loop:

$429,000, 4 bedrooms, 2 1/2 baths, open 12-4

1980 Alpine Dr:

$664,900, 6 bedrooms, 3 1/2 baths, open 1-3

21463 Rosepark Ct:

$690,000, 5 bedrooms, 3 1/2 baths, open 1-4

3030 Westview Ct:

$959,000, 4 bedrooms, 2 1/2 baths, open 2-3

3540 Red Cedar Way:

$989,000, 5 bedrooms, 3 1/2 baths, open 1-3

16359 Chapin Way:

$1,439,000, 4 bedrooms, 3 1/2 baths, open 1-4

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Market Action Report for November 20th

Data represents activity from November 10th to November 20th.

DOM (days on market) represents cumulative days and may represent more than one listing period.

Of particular note, to me, was finding the closed sale at 2870 Park Rd. This was a 1973 built home that was described as a cosmetic fixer. With 2380 square feet, it’s a nice size home and in a very nice neighborhood, Palisades. What is remarkable is that it sold in just 4 days and for $17,000 more than the asking price. It shows that when a property is priced right it will sell quickly, and perhaps for more than the list price. Our market still has a pulse.

New Listings

Address Type bed/bath Sq. Feet List Price

44 Eagle Crest Condo 1b/1b 798 $134,900
91 Galen St Condo 1b/1b 680 $135,000
47 Eagle Crest #12 Condo 2b/1b 932 $149,900
16790 Lake Forrest Detached 2b/1b 780 $199,900
12846 Boones Ferry Rd Condo 2b/2.1b 1136 $249,000
5063 Foothills Dr Condo 2b/2b 1031 $259,000
3433 McNary Parkway Condo 2b/2.1b 1156 $275,000
3797 Lanewood Detached 3b/1b 2560 $309,000
5235 Oakridge Detached 3b/2.1b 1576 $324,900
5354 Lower Dr Detached 3b/1b 1565 $339,000
4761 LaMont Detached 3b/2b 1816 $379,900
4051 Virginia Way Detached 3b/2.1b 1658 $389,500
7050 Childs Rd Detached 2b/2b 1693 $398,000
5051 Tualata Ln Detached 4b/2b 1591 $409,900
18978 Indian Spring Cir Detached 3b/2b 1900 $414,900
1265 Rockinghorse Ln Detached 4b/3b 2402 $444,000
6109 Summer Woods Detached 4b/2.1b 2331 $449,000
1307 Cedar St Detached 4b/3b 2054 $459,900
111 3rd St Condo 2b/2b 1206 $474,900
8 Hotspur Detached 3b/2.1b 1966 $475,000
785 5th St Detached 3b/2b 2208 $480,000
805 Country Club Rd Detached 5b/2b 2722 $489,900
1009 Cumberland Pl Detached 4b/3b 2294 $525,000
19664 River Run Detached 2b/2.1b 3051 $559,900
17784 Treetop Detached 4b/3b 3468 $599,900
4676 Winthrop Ct Detached 4b/2.1b 3112 $639,900
18212 indian Creek Dr Detached 4b/2.1b 2313 $649,000
17141 Wall St. Detached 4b/3b 3540 $699,500
615 Lake Bay Ct Detached 3b/3b 2542 $699,900
19285 Megly Ct Detached 4b/2.1b 2587 $699,900
19263 Megly Ct Detached 4b/2.1b 2743 $749,900
2545 Dellwood Detached 5b/3.1b 3843 $809,900
19266 Megly Ct Detached 4b/2.1b 3025 $789,900
19245 Megly Ct Detached 4b/2.1b 2884 $789,900
4349 Lakeview Blvd Detached 3b/3b 3678 $849,000
5435 Washington Ct Detached 4b/3.1b 3323 $849,900
772 8th St Detached 4b/2.1b 3161 $899,000
17649 Woodhurst Pl Detached 5b/4.1b 5793 $899,000
3030 Westview Ct Detached 4b/2.1b 3415 $959,000
18094 Pilkington Detached 4b/3/1b 3509 $999,000
17600 Upper Cherry Detached 4b/3.1b 3867 $1,299,000
18990 Barton Rd Detached 4b/3.2b 4592 $1,369,000
2809 Arrowhead Ct Detached 3b/3b 2624 $1,699,000
18735 Bryant Rd Detached 4b/3.1b 5597 $1,750,000
3114 Douglas Circle Detached 4b/4b 5465 $2,195,000
670 Iron Mntn Blvd Detached 4b/3.2b 5208 $2,250,000
333 Northshore Rd Detached 4b/4.1b 4998 $2,650,000
3530 Lakeview Blvd Detached 4b/3.1b 4200 $2,950,000

Pending Sales

Address Type bed/bath Sq. Ft. List Price DOM Original Price

4 Touchstone Condo 2b/2b 984 $115,000 42 $125,000
44 Eaglecrest #11 Condo 3b/2b 1085 $148,700 31 $154,900
5478 Tualata Detached 3b/2b 1200 $279,000 122 $330,000
16651 Lake Forest Detached 3b/1b $1,230 $207,000 59 $350,000
4 Othello Detached 4b/3b 2184 $434,900 9 $434,900
5453 Willow Ct Detached 3b/2.1b 2400 $449,000 146 $495,000
600 Maple St Detached 4b/2.1b 2422 $499,000 126 $529,000
2584 Park Rd Detached 4b/2b 2302 $524,900 229 $679,000
435 8th St. Detached 4b/3.1b 2505 $649,900 565 $929,000
104 3rd St Detached 2b/2b 1151 $1,050,000 15 $1,050,000

Closed Sales

Address Type bed/bath Sq. Ft. Sales Price DOM Original Price

4000 Carman #35 Condo 2b/2b 869 $135,000 22 $149,900
3680 Spring Ln 2B Condo 2b/2.1b 1152 $187,000 220 $219,000
595 6th St Detached 3b/1b 1520 $257,050 40 $314,800
22 Condolea Dr Condo 2b/2b 1454 $275,000 36 $339,900
2870 Park Rd Detached 4b/2.1b 2380 $396,000 4 $379,900
13340 Auburn Ct Attached 3b/2.1b 2451 $485,000 222 $559,900
1012 Andrews Rd Detached 3b/2b 2246 $495,000 133 $590,800
16 Northview Ct Attached 4b/3.1b 2962 $495,000 419 $599,900
3240 Upper Dr Detached 4b/2.1b 3410 $712,500 56 $749,950
114 3rd St Detached 2b/1b 1140 $730,000 19 $750,000
17760 Lake Haven Dr Detached 4b/2.1b 2051 $800,000 224 $1,169,000

Thank you for your patience while we work out a couple of software issues. We hope to have our Market Action Report back in fine form ASAP.

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Rainfall in Lake Oswego

I think it is fair to say that the rainy season has begun. A Russian immigrant, who has become a good friend of my family, once commented to me that Oregon only has two seasons: wet and dry. If you are following the blotter from out of the area, and perhaps even considering moving here, I think it is only fair to be completely honest with you about our weather.

As you have read in several recent posts, we have a glorious fall with the trees turning colors and sunshine that is bright. It is also in the fall that the transition happens from mostly sunny days to mostly rainy days. The rain will dominate the forecast until about April. Then the transition will happen back to mostly sunny days.

Our rainfall is unique in that it seems to fall in a steady mist. While we do have days that the rain falls heavily, for the most part it is a soft and steady drizzle. I have heard it compared to the rainfall in Ireland. Because it is usually a gentle rain, you might be surprised to learn that umbrellas are used infrequently. Oregonians generally just put on a good coat and go out in it. It is really quite lovely, once you get used to it and quit seeing it as an inconvenience. It is also really good for maintaining lovely skin.

The information below gives high and low temperatures, as well as average rainfall, for Lake Oswego. The information is courtesy of www.countrystudies.us. Temperatures are listed in Fahrenheit.

Lake Oswego Weather

US Geography / US Weather / Oregon Weather / Lake Oswego

January:

Average High 46, Average Low 32, Mean 38, Average Precipitation 6.0 inches

February:

Average High 51, Average Low 34, Mean 44, Average Precipitation 4.6 inches

March:

Average High 55, Average Low 36, Mean 46, Average Precipitation 4.1 inches

April:

Average High 58, Average Low 38, Mean 50, Average Precipitation 2.8 inches

May:

Average High 66, Average Low 44, Mean 55, Average Precipitation 2.3 inches

June:

Average High 74, Average Low 48, Mean 62, Average Precipitation 1.7 inches

July:

Average High 78, Average Low 52, Mean 66, Average Precipitation 0.7 inches

August:

Average High 80, Average Low 52, Mean 66, Average Precipitation 1.0 inches

September:

Average High 74, Average Low 48, Mean 62, Average Precipitation 1.8 inches

October:

Average High 64, Average Low 41, Mean 54, Average Precipitation 3.3 inches

November:

Average High 52, Average Low 37, Mean 45, Average Precipitation 6.3 inches

December:

Average High 46, Average Low 34, Mean 40, Average Precipitation 6.9 inches

So we get very little rainfall in the summer and quite a lot of rainfall in the winter. However, in my experience, there are always surprises. The summer after Mt. St. Helens erupted never happened. It was cold and gray with very little sunshine. And it also seems to me that February tends to have many sunny days. Perhaps that is because after November, December, and January, the decreasing rain is so noticeable. I will also tell you that when the sunny weather starts again in the spring, people really make the most of it. On that first nice day everyone spends the day outside: walking, gardening, going to the coast, and just generally taking advantage of the nice conditions.

I have learned to love the rain. The sound of it makes me sleep better at night and I credit it with giving us our lush landscaping. When I visit other states that don’t get this kind of rainfall, I can’t help but feel like they just don’t have the beauty that Oregon does. I’m a fifth generation Oregonian. I guess it is just in my blood.

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Furnace Gets Facelift

Lake Oswego's Iron Furnace in George Rogers Park

Lake Oswego’s historic Iron Furnace in George Rogers Park is set for a face lift, to be completed in June 2009.

This local treasure is listed on the National Register of Historic Places, and is in need of some tender loving care. The exterior of the 44-foot high furnace is in decent shape, but the interior stonework is severely deteriorated.

Having been abandoned in 1885, the elements have taken their toll, and there is a danger of falling debris, therefore the furnace is fenced off and considered unsafe in its current condition. The restoration will replace grout, chink stones, bricks and basalt stones according to the City of Lake Oswego. The city anticipates that this work, plus a roof for protection, and compliance with current seismic standards will enable it to conduct regular pre-arranged group tours through the furnace structure.

The stone furnace was built by the Oregon Iron Company and began operating in August of 1867. With Oswego’s iron deposits, the company was the first manufacturer of iron on the West Coast, and the Oswego iron industry was reportedly the biggest manufacturing enterprise in Oregon during the nineteenth century. This amazing piece of Oregon history is said to be the only surviving iron furnace west of the Rocky Mountains.

The Lake Oswego City Council has awarded the $830,785 contract, to Pioneer Waterproofing, Inc. Requiring specialized skills, Pioneer Waterproofing fits the bill and has met the standard for brick and masonry restoration in conformance with the Secretary of the Interior’s Standards for the Treatment of Historic Properties. Pioneer Waterproofing has also completed impressive restoration projects which include Vista House, Crater Lake Lodge, Timberline Lodge, and the Portland Art Museum.

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Lake Oswego Real Estate Market Activity – November 3-6, 2008

Things cooled off a bit, as expected, from the torrid sales report we saw a week ago.
About 13 homes went under contract or closed escrow last week.

Here is the weekly list showing Lake Oswego real estate market activity (see below the tables for additional notes):

NEWLY LISTED (November 3—November 6, 2008)

ADDRESS
LIST PRICE
# BEDS
# BATHS
TOT. SQ FT
 PROP TYPE
LIST DATE
58 GALEN ST
$133,000
1
1
689
CONDO
11/5
86 KINGSGATE RD
$146,900
2
2
849
CONDO
11/2
668 MCVEY AVE
$219,998
2
1
852
CONDO
11/3
5059 FOOTHILLS DR
$259,000
2
2
1,031
CONDO
11/4
152 RIDGEWAY RD
$299,900
2
1.1
1,794
CONDO
11/5
3 THE GROTTO
$300,000
3
2
1,688
DETACHD
11/4
5096 SW TREE ST
$334,900
3
1.1
1,410
DETACHD
11/3
5254 TIMBERGROVE ST
$374,500
4
2
1,854
DETACHD
11/4
4 BRITTEN CT
$429,000
3
2.1
1,972
ATTACHD
11/3
4 OTHELLO ST
$434,900
4
3
2,184
DETACHD
11/4
5221 ROSEWOOD ST
$435,000
3
2.1
2,226
DETACHD
11/2
17079 CHERRY CREST AVE
$469,000
3
2.1
3,002
DETACHD
11/2
17095 REBECCA LN
$499,900
3
2.1
2,258
DETACHD
11/5
17071 REBECCA LN
$504,950
4
3
2,256
DETACHD
11/5
17088 REBECCA LN
$554,900
4
2
2,507
DETACHD
11/4
12974 KNAUS RD
$599,000
3
3.1
3,792
DETACHD
11/3
668 MCVEY AVE
$599,998
3
1.1
992
CONDO
11/6
13275 TWIN CREEK CT
$639,000
4
2.1
3,041
DETACHD
11/7
1670 PINE ST
$679,987
4
3.1
3,286
DETACHD
11/4
12611 BOONES FERRY RD
$749,900
5
3.1
4,042
DETACHD
11/5
17175 KELOK RD
$929,000
3
3
2,002
DETACHD
11/3
17370 CANYON DR
$949,000
4
3.1
3,408
DETACHD
11/3
2811 ARROWHEAD CT
$1,650,000
4
3.1
3,740
DETACHD
11/8
13200 THOMA RD
$2,232,500
5
5.2
7,648
DETACHD
11/3

PENDING SALES (November 3—November 6, 2008)

ADDRESS
LIST PRICE
# BEDS
# BATHS
TOT. SQ FT
 PROP TYPE
DOM
60 GALEN ST
$116,000
1
1
550
CONDO
89
4000 CARMAN DR
$149,900
2
2
869
CONDO
22
245 CERVANTES
$177,650
2
2
1,292
ATTACHD
78
17570 SW MARDEE AVE
$284,950
3
1
1,050
DETACHD
194
1725 FERNWOOD DR
$429,000
4
2.5
1,580
DETACHD
436
4967 SUNTREE LN
$430,000
3
2.1
1,915
DETACHD
107
4378 ALBERT CIR
$824,900
3
3
3,735
DETACHD
263
16545 MAPLE CIR
$949,900
3
2.1
3,100
DETACHD
9

SOLD (October 27—November 2, 2008)

ADDRESS ORIG. PRICE SALE PRICE
# BEDS
# BATHS
TOT. SQ FT
 PROP TYPE
DOM
535 2ND ST
$425,600
$425,600
2
2
1,120
CONDO
452
18936 BRYANT RD
$1,082,000
$750,000
4
4
4,100
DETACHD
875
14381 FOSBERG RD
$1,199,000
$1,100,000
4
3.1
4,900
DETACHD
46
581 2ND ST
$1,395,000
$1,325,000
2
2.1
2,147
CONDO
484
17459 WREN CT
$1,369,000
$1,330,000
4
4
4,366
DETACHD
65

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.

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Lake Oswego Library Receives National Recognition

Kudos to the Lake Oswego Library which was ranked the best library in the state of Oregon by the American Library Association, and the 7th best library in the Nation amongst towns with populations of 25,000 to 49,999 people.

Considerations to receive this distinction included staffing, reference services, collections, and the number of items checked out by the public. Lake Oswego’s per capita circulation is 33.2: more than 4 times the national average.

Visit the LO Library website by clicking here.