Market Activity Report November 1-7, 2010

Last week Lake Oswego had 14 New listings, 14 Pending sales, and 10 Closed sales, according to RMLS.

See below for further details:

NEWLY LISTED (Nov. 1-7, 2010)

Address Price Sq Feet BR Baths Type
57 Galen St $77,000 689 1 1 Condo
16250 Pacific Hwy #47 $109,900 1305 2 1 Condo
194 Ridgeway Rd 11B $205,000 1659 2 1 Condo
5056 Foothills Dr G $225,000 1252 2 2 Condo
4314 Botticelli St $229,000 2098 2 2.5 Condo
18530 Pilkington Rd $244,900 1925 3 2 Detached
1818 Country Club Rd $269,000 1596 4 2 Detached
18700 Wood Duck Way $429,900 2158 4 2 Detached
4705 Lakeview Blvd $539,990 2700 3 2.5 Detached
5836 Suncreek Dr $599,000 2500 4 2 Detached
17157 Blue Heron Rd $689,000 2749 5 3 Detached
3056 Wembly Park Rd $695,000 2611 4 2.1 Detached
2990 Glen Eagles $795,000 3650 4 2.5 Detached
12512 Shelby Ct $799,999 4975 4 4.5 Detached

PENDING SALES (Nov. 1-7, 2010)

Address Price Type BR Baths Sq Feet
37 Crestfield Ct $69,900 Condo 2 1 923
45 Eagle Crest #320 $109,900 Condo 1 1 768
3433 McNary Pkwy #408 $119,900 Condo 2 2 1008
464 5th St $197,715 Condo 2 2 1092
692 2nd St $259,000 Detached 3 1 1700
2602 Orchard Hill Pl $399,000 Detached 3 3 2568
17187 Carlson Ct $405,000 Detached 4 3 2082
17640 Treetop Way $447,000 Detached 4 3 2718
14370 Pfeiffer Dr $629,000 Detached 4 3 3318
1225 Lake Garden Ct $699,995 Detached 4 3.5+.5 3558
15578 Village Dr $799,000 Detached 3 3 3630
3155 Douglas Circle $925,000 Detached 5 3.5+.5 4517
2111 Hazel Rd $1,089,000 Detached 4 5 4894
670 Iron Mt. Blvd $1,250,000 Detached 4 3.5+.5 5208

SOLD (Nov. 1-7, 2010)

Address Original Price Closed Price Type Sq Feet CDOM
668 McVey #54 $140,000 $140,000 Condo 992 5
3508 Red Cedar Way $249,000 $220,000 Detached 1386 3
1462 Greentree $435,000 $362,500 Detached 2507 123
17670 Marylbrook Dr $499,000 $500,000 Detached 3067 77
550 Middlecrest Rd $624,900 $550,000 Detached 2240 187
571 2nd St #307 $739,500 $559,000 Condo 1561 626
18263 Anduin Terrace $625,000 $565,000 Detached 3100 92
17467 Westview Dr $727,900 $695,000 Detached 3774 4
844 5th St $829,000 $795,000 Detached 2590 32
16772 Alder Circle $1,995,000 $1,799,000 Detached 3151 154

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 November 7, 2010

Before you go to bed tonight, be sure to set your clocks back one hour. Then when you get up tomorrow morning, head on out to check out these 24 open houses in Lake Oswego.

BR BTHS Sq Ft Open
4057 JEFFERSON PKWY $179,900 3 2.1 1460 1 to 3
3854 BOTTICELLI ST $185,000 2 1.1 1132 12 to 2
4473 GOLDEN LN $249,000 2 2.1 1980 1 to 4
12802 BOONES FERRY RD $287,500 3 2.1 1454 1 to 5
53 ORIOLE LN $304,900 3 2.1 2072 12 to 3
14251 CAMDEN LN $385,000 3 2.1 2179 11 to 3
4859 SAGE HEN WAY $415,000 4 3 2417 1 to 3
17802 HILLSIDE WAY $424,900 4 2.1 2965 12 to 2
17791 HILL WAY $459,000 4 2.1 2506 1 to 3
326 LAKE BAY CT $464,900 3 2 1400 1 to 3
725 10TH ST $489,900 4 2 2016 2 to 4
19319 SW DOGWOOD CT $499,900 4 2.1 3105 1 to 4
19443 KOKANEE CT $499,900 4 2.1 2812 1 to 4
19415 SW DOGWOOD CT $519,900 5 3 3517 1 to 4
19263 MEGLY CT $559,900 5 3 3213 1 to 4
1277 HIDE A WAY LN $559,900 5 3 3120 12 to 3
12448 ORCHARD HILL RD $649,000 4 3 3302 11 to 2
5511 FIELDSTONE CT $685,000 4 2.1 3037 12 to 2
5371 LANGFORD LN $694,950 4 2.1 2950 12 to 2
15459 VILLAGE DR $695,000 4 3.1 3059 1 to 3
14480 KRUSE OAKS BLVD $725,000 3 3.1 4661 1 to 3:30
18209 SIENA DR $1,058,000 5 3.1 3839 2:30 to 4:30
1808 RIDGE POINTE DR $1,269,000 5 4.1 4155 2:30 to 4:30
1104 FOREST MEADOWS WAY $1,495,000 4 3.1 5756 2 to 4

Market Activity Report Oct 25-31, 2010

Last week Lake Oswego had 17 New listings, 11 Pending sales, and 15 Closed sales according to RMLS.

See below for further details:

NEWLY LISTED (Oct 25-31, 2010)

Address List Price # Beds # Baths Total SF Prop Type
4000 CARMAN DR 102 $119,950 2 2 866 CONDO
1547 BOCA RATAN DR $198,000 2 1.1 1008 CONDO
186 OSWEGO SMT 186 $212,000 2 2 1506 CONDO
1659 OAK ST $299,900 3 2.1 2224 DETACHD
18407 DEER OAK CIR $319,000 4 2 1812 DETACHD
16990 LOWER MEADOWS DR $379,000 3 2.1 2000 DETACHD
1960 MAPLELEAF RD $379,900 3 2 1426 DETACHD
4208 ALBERT CIR $400,950 4 3 2777 DETACHD
36 NORTHVIEW CT $449,000 3 3.1 2573 ATTACHD
1711 HIGHLAND DR $459,000 3 2.1 1926 DETACHD
775 BOCA RATAN DR $469,000 4 3.1 2727 DETACHD
19443 KOKANEE CT $499,900 4 2.1 2812 DETACHD
5035 ROSEWOOD ST $549,900 4 3.1 3206 DETACHD
14674 RAINBOW DR $618,000 4 3 3058 DETACHD
15459 VILLAGE DR $695,000 4 3.1 3059 DETACHD
19575 35TH CT $1,195,000 4 3 4181 DETACHD
163 IRON MOUNTAIN BLVD $1,200,000 4 3.1 4314 DETACHD

PENDING SALES (Oct 25-31, 2010)

Address List Price # Beds # Baths Total SF Prop Type CDOM
33 CRESTFIELD CT 33 $64,900 1 1 689 CONDO 282
20 CERVANTES CIR $79,900 2 1.1 912 CONDO 8
6120 SHAKESPEARE ST $185,000 3 1.1 999 DETACHD 177
4717 FIRWOOD RD $229,000 8 3 2502 DETACHD 277
4948 MEADOWS RD $259,900 3 2 2491 DETACHD 72
1520 LABURNUM WAY $299,000 4 2 1724 DETACHD 464
28 PREAKNESS CT $349,000 5 4 2871 DETACHD 452
17712 CARDINAL CT $368,000 4 3 2146 DETACHD 203
17890 KELOK RD $417,900 4 2.1 3095 DETACHD 753
3943 TEMPEST DR $599,000 4 2.1 3714 DETACHD 119
5001 DENTON DR $759,000 4 2.1 3303 DETACHD 2

SOLD (Oct 25-31, 2010)

Address Orig Price Closed Price # Beds # Baths Total SF Prop Type CDOM
2 MOUNTAIN CIR $160,000 $110,000 2 1.1 1504 ATTACHD 21
200 BURNHAM RD 103 $174,900 $115,000 1 1 752 CONDO 162
5225 JEAN RD 104 $155,000 $136,000 2 2 1400 CONDO 118
34 CONDOLEA DR $228,000 $187,500 2 2 1420 CONDO 174
848 6th ST $425,000 $250,000 2 1 1648 DETACHD 413
743 10th ST $325,000 $290,000 2 1 1019 DETACHD 16
1070 HALLINAN $379,900 $314,000 3 1.1 1653 DETACHD 65
19242 TERRY AVE $395,000 $325,000 4 2 1872 DETACHD 185
5376 ROSEWOOD ST $394,900 $339,498 3 2.1 2457 ATTACHD 150
1000 ATWATER RD $389,900 $378,000 4 3 2200 DETACHD 3
5747 VICTORIA CT $489,950 $460,000 4 2.1 2432 DETACHD 0
14246 KIMBERLY CIR $615,000 $605,000 4 2.1 3520 DETACHD 52
1641 ENGLEWOOD DR $775,000 $665,000 4 2.1 4204 DETACHD 59
4123 CHAD DR $769,950 $675,000 4 3.1 3836 DETACHD 155
16461 CHAPIN WAY $779,900 $708,000 4 2.1 4271 DETACHD 488

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

Halloween Open Houses!

There are 21 houses being held Open Halloween afternoon for your enjoyment!  Perhaps one of these beauties is “the one”!

Here are the Lake Oswego Open Houses for Oct. 31st according to RMLS:

Address L/Price # Beds # Baths Total SF Prop Type Time
1400 BONNIEBRAE DR $169,500 2 1 864 TOWNHSE 1-3PM
5059 FOOTHILLS DR G $192,000 2 2 991 CONDO 12-3PM
5061 FOOTHILLS DR G $199,000 2 2 991 CONDO 1-3PM
5055 FOOTHILLS DR C $239,900 2 2 1252 CONDO 12-3PM
18244 PILKINGTON RD $254,900 3 1.1 1200 DETACHD 1-3PM
4500 GALEWOOD ST $420,000 3 3 2408 DETACHD 1-4PM
12 SCARBOROUGH DR $479,900 4 2.1 2892 DETACHD 1-3PM
17360 HUNTER CT $497,500 4 2.1 3322 DETACHD 2:30-4:30PM
19319 SW DOGWOOD CT $499,900 4 2.1 3105 DETACHD 1-5PM
19415 SW DOGWOOD CT $514,900 5 3 3517 DETACHD 1-5PM
19263 MEGLY CT $559,900 5 3 3213 DETACHD 1-5PM
19245 SW MEGLY CT $569,900 5 3 3490 DETACHD 1-5P<
17981 MEADOWLARK LN $584,900 3 2.1 3250 DETACHD 10AM-4PM
5511 FIELDSTONE CT $685,000 4 2.1 3037 DETACHD 1-3PM
5371 LANGFORD LN $694,950 4 2.1 2950 DETACHD 1-3PM
5533 FIELDSTONE CT $695,000 4 2.1 3115 DETACHD 1-3PM
17424 BRYANT RD $719,000 4 4 3278 DETACHD 1-4PM
19019 BRYANT RD $739,900 4 3.1 3326 DETACHD 1-3PM
1785 PALISADES TERRACE DR $749,900 5 4.1 5052 DETACHD 1-3PM
17896 KELOK RD $774,000 5 5 4323 DETACHD 2-4PM
17884 KELOK RD $774,000 5 3.1 4124 DETACHD 2-4PM
18209 SIENA DR $1,097,000 5 3.1 3839 DETACHD 1-3PM
1808 RIDGE POINTE DR $1,269,000 5 4.1 4155 DETACHD 1-3PM

More Market Data

  • A comparison of Sept ’10 and the previous month in Portland Metro shows an increase in Closed Sales of 1.3%
  • Average sales price in Portland Metro fell by 3.5% comparing  Sept. 2009 with Sept 2010.
  • Comparing the 3rd quarter of 2009 with 3rd quarter 2010, Closed Sales in Portland Metro dropped 24.7%
  • Comparing the 3rd quarter of 2009 with 3rd quarter 2010, Metro Listings increased by 1.2%
  • Average Metro Closed Price in Sept 2010 was $279,900
  • Average Lake Oswego/West Linn Closed Price in Sept 2010 was $432,200
  • Metro “Time on Market” for Sept 2010 was 131 days
  • Lake Oswego/West Linn “Time on Market” for Sept 2010 was 186 days
  • Metro Active Listings as of Sept 2010 was 14, 714
  • Lake Oswego/West Linn Active Listings as of Sept 2010 were 1,025
  • From Oct 1, ’09 to Sept 30 ’10, Lake Oswego/West Linn Average  Sale Prices declined by 9.3%
  • Portland Metro saw 1,399 Closed Sales in Sept. 2010
  • Lake Oswego and West Linn saw 71 Closed Sales in Sept 2010
  • All data derived from RMLS Market Action Report

Market Activity for October 18-24, 2010

I can really feel the change of seasons. With that it always seems like the market starts to slow. I am seeing a slow down of new listings with just 14, but 14 pending sales and 8 closed sales is on pace with what we have been seeing since the end of summer.

See below for further details:

NEWLY LISTED (Oct 18-24, 2010)

Address List Price Bedrooms Baths Sq feet Prop Type
20 CERVANTES CIR $79,900 2 1.5 912 CONDO
5061 FOOTHILLS DR $199,000 2 2 991 CONDO
18244 PILKINGTON RD $254,900 3 1.5 1,200 DETACHD
5852 LAKEVIEW CT $259,000 3 1 1,032 DETACHD
1 EAGLE CREST DR $259,900 3 2 1,265 DETACHD
4141 COBB WAY $279,900 3 2 1,236 DETACHD
3684 RED CEDAR WAY $289,900 3 2.5 1,830 DETACHD
4281 CHAPMAN WAY $301,907 3 2.5 2,010 DETACHD
4500 GALEWOOD ST 420000 3 3 2,408 DETACHD
13819 PROVINCIAL HILL DR 449000 4 2.5 2,096 DETACHD
875 PALISADES TERRACE DR 499000 4 3 2,165 DETACHD
19019 BRYANT RD 739900 4 3.5 3,326 DETACHD
16847 GREENBRIER RD 1595000 3 2.5+.5 2,315 DETACHD
939 TERRACE DR 1850000 4 3.5 4,780 DETACHD

PENDING SALES (Oct 18-24, 2010)

Address List Price Bedrooms Baths Sq feet Prop Type
16 MOUNTAIN CIR $129,900 2 2 1,065 ATTACHD
200 BURNHAM RD $139,000 2 2 1,325 CONDO
221 CERVANTES $144,000 2 1.5 1,180 CONDO
1416 CHERRY CREST DR $259,000 5 3 2,559 DETACHD
37 BLOCH TER $300,000 3 2.5 1,972 ATTACHD
743 10th ST $325,000 2 1 1,019 DETACHD
1899 WOODLAND TER $369,000 5 3.5 3,031 DETACHD
72 CONDOLEA WAY $375,000 2 2.5 2,958 CONDO
3885 UPPER DR 469000 4 2.5 3,122 DETACHD
5758 CHARLES CIR 479900 3 2 2,371 DETACHD
4709 Lakeview BLVD 549900 4 2.5 2,725 DETACHD
4685 UPPER DR 550000 3 2 3,341 DETACHD
563 2ND ST 635000 2 2.5 1,748 CONDO
16990 ALDER CIR 640000 3 2.5 1,926 DETACHD

SOLD (Oct 18-24, 2010)

Address Original Price Close Price CDOM Sq Feet Prop Type BR BTHS
200 BURNHAM RD $264,000 $137,500 866 1,335 CONDO 2 2
1496 BOCA RATAN DR $249,000 $249,000 3 1,403 ATTACHD 3 1.5
2634 ORCHARD HILL PL $449,500 $423,500 13 2,573 DETACHD 3 2.5
5553 KILCHURN AVE $679,900 $640,000 25 3,274 DETACHD 4 2.5
5657 VICTORIA CT $689,900 $645,000 45 3,421 DETACHD 4 3
490 COUNTRY CLUB RD $999,999 $750,000 115 3,052 DETACHD 5 4
17537 CARDINAL DR $895,000 $800,000 407 5,282 DETACHD 5 4
2569 GLEN EAGLES PL $1,349,000 $1,115,000 114 4,591 DETACHD 5 4.5+.5

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 10/24/10

The first storm of the season is supposed to blow through Portland this evening. You may need galoshes, but these 22 houses are worth seeing:

Address List Price Bedrooms Baths Prop Type Open
221 CERVANTES $144,000 2 1.5 CONDO 2:30 to 4:30
16250 PACIFIC HWY $209,000 2 2 CONDO 2 to 4
29 GREENRIDGE CT $239,000 3 2 ATTACHD 1 to4
6062 BURMA RD $269,987 4 2 DETACHD 12 to 3
3684 RED CEDAR WAY $289,900 3 2.5 DETACHD 1 to 4
1851 KILKENNY DR $384,900 4 3 DETACHD 12 to 4
14 MONTICELLO DR $399,950 3 2 DETACHD 1 to 3
151 DEL PRADO ST $419,000 4 2.5 DETACHD 1 to3
12 SCARBOROUGH DR 479900 4 2.5 DETACHD 1 to 4
19319 SW DOGWOOD CT 499900 4 2.5 DETACHD 1 to 5
19415 SW DOGWOOD CT 514900 5 3 DETACHD 1 to 5
19263 MEGLY CT 559900 5 3 DETACHD 1 to 5
19245 SW MEGLY CT 569900 5 3 DETACHD 1 to 5
17981 MEADOWLARK LN 584900 3 3 DETACHD 10 to 4
9 ABELARD ST 599000 5 2.5 DETACHD 2 to 4
3943 TEMPEST DR 599000 4 3.5 DETACHD 12 to 2
17682 MARYLBROOK DR 599900 4 2.5 DETACHD 1 to 4
5321 AMBERWOOD CT 709000 4 3 DETACHD 2 to 4
19019 BRYANT RD 739900 4 3.5 DETACHD 1 to 3
18209 SIENA DR 1097000 5 3.5 DETACHD 2:30 to 4:30
1808 RIDGE POINTE DR 1269000 5 4.5 DETACHD 2:30 to 4:30
1968 CHERYL CT 1595000 4 4.5+.5+.5 DETACHD 1 to 4

Lake Oswego Market Activity ~ Oct 11-17, 2010

Pretty robust activity last week.  Lake Oswego saw 17 New listings, 19 Pending sales, and 8 Closed sales according to RMLS.

See below for further details:

NEWLY LISTED (Oct 11-17, 2010)

Address List Price # Beds # Baths Total SF Prop Type
3433 MCNARY PKWY #204 $107,500 2 2 1008 CONDO
73 GALEN ST #73 $115,950 2 2 995 CONDO
4000 CARMAN DR #3 $119,900 1 1 836 CONDO
221 CERVANTES $144,000 2 1.1 1180 CONDO
6120 SHAKESPEARE ST $185,000 3 1.1 999 DETACHD
12802 BOONES FERRY RD $287,500 3 2.1 1548 DETACHD
7 BLOCH TER $292,000 3 2.1 2062 ATTACHD
17350 KELOK RD $379,000 3 1.2 1415 DETACHD
15824 BOONES WAY $384,900 3 2 1895 DETACHD
5490 ROYAL OAKS DR $425,000 3 2 1761 DETACHD
1094 ERICKSON ST 424900 – 474876 4 3 2769 DETACHD
3210 FIR RIDGE RD $499,000 4 3.2 2832 DETACHD
1132 TROON RD $569,000 3 2.1 1585 DETACHD
13711 FIELDING RD $719,000 3 4 4649 DETACHD
754 5TH ST $775,000 3 2 2186 DETACHD
18260 RIVER EDGE CT $835,000 3 3.1 4711 DETACHD
199 FURNACE ST (Upper) $2,590,000 3 3.1 5772 CONDO

PENDING SALES (Oct 11-17, 2010)

Address List Price # Beds # Baths Total SF Prop Type CDOM
16250 PACIFIC HWY #77 $139,000 2 2 1327 CONDO 1115
200 BURNHAM RD #204 $149,000 2 2 1313 CONDO 890
85 OSWEGO SMT #85 $159,000 2 2 1212 CONDO 290
212 RIDGEWAY RD $169,900 1 1 778 CONDO 483
18462 DON LEE WAY $179,900 4 2 1904 DETACHD 369
848 6th ST $262,000 2 1 1648 DETACHD 413
5713 SW KENNY ST $279,900 3 2 1384 DETACHD 42
427 9TH ST $299,900 4 2 2130 DETACHD 30
1073 HALLINAN ST $349,000 3 2.1 1828 DETACHD 124
2021 CEDAR CT $350,000 4 3.1 4114 DETACHD 205
32 CHURCHILL DOWNS $379,900 4 2.1 3016 DETACHD 247
3541 RED CEDAR WAY $404,900 3 3 1963 DETACHD 14
5916 SUNBROOK DR $459,900 3 2.1 2617 DETACHD 9
17930 MEADOWLARK LN $539,900 4 4 3300 DETACHD 282
5188 MADRONA ST $549,000 3 3 3183 DETACHD 36
17455 BLUE HERON RD $575,000 3 2 2572 DETACHD 519
15915 WALUGA DR $598,950 3 2.1 2939 DETACHD 261
444 6TH ST $899,000 4 4.1 4541 DETACHD 314
15444 Boones WAY $998,500 3 2.1 3364 ATTACHD 0

SOLD (Oct 11-17, 2010)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
47 EAGLE CREST DR #59 $105,000 $76,500 3 1 1024 CONDO 203
200 BURNHAM RD #200 $229,000 $90,000 1 1 897 CONDO 1362
4000 CARMAN DR #A5 $117,500 $102,000 2 2 973 CONDO 202
2245 GLEN HAVEN RD $328,500 $270,000 3 1.1 1276 DETACHD 346
16149 PEARCY ST $329,000 $305,000 3 2 1250 DETACHD 35
13045 PRINCETON CT $429,000 $417,000 3 2.1 2900 DETACHD 5
3188 S GLENMORRIE DR $519,750 $495,000 3 3 3066 DETACHD 133
3114 DOUGLAS CIR $1,350,000 $1,145,000 4 4 5542 DETACHD 700

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 Sunday, October 17th, 2010

There are 22 properties being held Open on Sunday.  Looks like a great bunch.

Come say hello at my Open from 1:30 – 4PM at: 979 Devon Lane. (McVey/Larch/Oxford/Left on Devon Lane).  Here’s the view of Mt Hood at which I’ll be gazing as I entertain visitors!  (no… won’t be tap dancing…. sorry : )

Enjoy your Sunday!  Here is what’s on tap:

Address L/Price # Beds # Baths Total SF Prop Type Time
1851 KILKENNY DR $389,900 4 3 2716 DETACHD 12-4PM
4908 MULHOLLAND DR $425,000 3 2.1 2498 TWNHSE 1-3PM
2697 LOOKOUT CT $429,000 3 2 2219 DETACHD 2-4PM
979 DEVON LN $457,000 4 3.1 2162 DETACHD 1:30-4PM
326 LAKE BAY CT $474,900 3 2 1400 DETACHD 2-4PM
12 SCARBOROUGH DR $479,900 4 2.1 2892 DETACHD 1-4PM
19319 SW DOGWOOD CT $499,900 4 2.1 3105 DETACHD 1-5PM
19415 SW DOGWOOD CT $514,900 5 3 3517 DETACHD 1-5PM
4398 GLACIER LILY ST $535,000 4 2.1 2936 DETACHD 12-2PM
19263 MEGLY CT $559,900 5 3 3213 DETACHD 1-5PM
19245 SW MEGLY CT $569,900 5 3 3490 DETACHD 1-5PM
17981 MEADOWLARK LN $584,900 3 2.1 3250 DETACHD 12-3PM
5511 FIELDSTONE CT $685,000 4 2.1 3037 DETACHD 1-3PM
5371 LANGFORD LN $694,950 4 2.1 2950 DETACHD 1-3PM
5533 FIELDSTONE CT $695,000 4 2.1 3115 DETACHD 1-3PM
15566 VILLAGE PARK CT $709,900 5 3.1 4692 DETACHD 12-3PM
4158 CASEY CT $799,000 4 2.1 3385 DETACHD 2:30-4:30PM
16686 MAPLE CIR $895,000 4 3.2 3311 DETACHD 2-4PM
4018 COHO LN $1,045,500 4 4.1 4777 DETACHD 1-4PM
18209 SIENA DR $1,097,000 5 3.1 3839 DETACHD 2:30-4:30PM
1808 RIDGE POINTE DR $1,269,000 5 4.1 4155 DETACHD 2:30-4:30PM
3118 DOUGLAS CIR $1,275,000 3 2.1 3562 DETACHD 12:30-3PM

News & Notes

  • Mortgage Rates: One thing to remember about what you hear on the news is that good news for the economy in general means rates are going to rise for buying a house.  Bad news for the economy means rates stay where they are if they are low or get lower.  Here’s what MBS Quoteline is saying:  ” The Fed’s recent announcement that it may purchase additional Treasury securities (quantitative easing) to stimulate the economy has magnified the importance of economic news and increased daily volatility. Investors now evaluate each fresh piece of data in terms of its expected impact on Fed policy, and mortgage rates receive an extra benefit from weaker than expected data. In general, weaker economic growth leads to lower future inflation, which is favorable for mortgage rates. In addition, investors now expect higher levels of bond purchases by the Fed after weak data, and the increased demand also would be positive for mortgage rates. Of course, stronger than expected economic news will have the opposite effect and will push rates higher more quickly than usual.”
  • Selling Tip Of The Week: Color is important when selling your home.  I’m sure you’ve heard that it is good to use neutral tones on the walls, and your Realtor can advise you on the latest/most popular shades, but I’ve noticed that some people misinterpret “neutral”.  Neutral does not mean white.  I know that white is fun to play with tone on tone, but if you do too much white, it will make your home feel “cold” and people will have a difficult time “feeling the love”  : )     So, if you’ve got white walls that you think look realy clean and make your rooms look bigger, and off white or white carpet throughout…   you need to talk w/your Realtor about some light taupes or other schemes to bring some warmth into those rooms.
  • Buying Tip Of the Week: Pay attention to the garage in your new home.  What are you going to use it for?  I say there are two kinds of people… those who park in their garage and those who store “stuff” in it.  Does the garage in the home you’re contemplating meet your needs?  I recently had a Buyer about ready to write an offer when they realized that her beloved long-ish minivan would not fit in the garage.  Now she had a choice to make…  the home that fit the rest of the family’s needs… or the car?  In many older homes, garages were not made to fit the longer/larger vehicles of today.  So…  try your car out in the garage if you have any questions about it.  And if you have trouble squeezing it in, you might consider “carriage doors” that open out, as they are mounted on the outer side of the frame as opposed to the inner side which is where up & down sliding doors are mounted, thereby reducing your space.
  • “Should-I-Buy-Now-Or-Wait?-Calculator” – Here is a nifty tool from First American Title Company (came to me courtesy of Pam Edwards in the Clackamas Office… Thanks, Pam!). It allows you to calculate the difference between buying now & waiting… So, let’s say you found a home that is priced at $500,000.  You know rates are good now and are expected to rise, and/but you are thinking that maybe the house will come down in price (let’s say you think it may eventually come down to $450,000.) and so you are considering holding off on your offer.  This tool will allow you to punch in parameters and see just how much the picture would change if interest rates go up and your home lowers in value.  Pretty cool!  Here’s the link:  “Should-I-Buy-Now-Or-Wait?-Calculator” There are some additional tools there as well: Buy or Rent, for instance.

Very Best,

Linda