What a beautiful summer we are having! On a really gorgeous day the market activity can slow down almost as much as can happen on one of winter’s harshest days. Despite the great weather, last week had some good activity: 13 new listings, 8 pending sales, and 16 closed sales.
Here’s your weekly update (see below the tables for additional notes):
NEWLY LISTED (July 26-Aug. 1, 2010)
| Address | List Price | # BR | # BATHS | SQ FEET | Prop Type | ||
| 4081 JEFFERSON PKWY | $219,900 | 2 | 2.5 | 1,618 | CONDO | ||
| 46 GREENRIDGE CT | $234,900 | 3 | 2.5 | 2,128 | CONDO | ||
| 16090 SW KIMBALL AVE | $365,000 | 4 | 1.5 | 2,276 | DETACHD | ||
| 1657 CAMPUS WAY | $369,000 | 4 | 3 | 2,262 | DETACHD | ||
| 14480 CAMDEN LN | $391,335 | 3 | 2.5 | 1,944 | DETACHD | ||
| 1600 WOODLAND TER | $399,000 | 3 | 2 | 1,993 | DETACHD | ||
| 6132 SUMMER WOODS | $489,900 | 4 | 2.5 | 2,778 | DETACHD | ||
| 2035 RIDGE POINTE DR | $629,900 | 4 | 2 | 3,537 | DETACHD | ||
| 17658 BROOKHURST DR | 649900 | 4 | 3 | 4,198 | DETACHD | ||
| 14246 KIMBERLY CIR | 649950 | 4 | 2.5 | 3,520 | DETACHD | ||
| 4055 ORCHARD DR | 669000 | 5 | 3.5 | 3,329 | DETACHD | ||
| 1968 CHERYL CT | 1695000 | 4 | 4.5+.5+.5 | 6,153 | DETACHD | ||
| 1193 FAIRWAY RD | 3900000 | 5 | 4.5+.5 | 6,616 | DETACHD |
PENDING SALES (July 26-Aug. 1, 2010)
| Address | List Price | # BR | # BATHS | SQ FEET | Prop Type | CDOM | ||
| 859 F AVE | $239,900 | 2 | 1 | 952 | DETACHD | 13 | ||
| 1684 BOCA RATAN DR | $248,900 | 3 | 2 | 1,611 | ATTACHD | 531 | ||
| 580 8TH ST | $255,000 | 2 | 1 | 852 | DETACHD | 12 | ||
| 5524 BONITA RD | $319,000 | 3 | 1 | 2,752 | DETACHD | 20 | ||
| 18929 INDIAN SPRINGS RD | $324,900 | 5 | 3 | 3,380 | DETACHD | 7 | ||
| 17778 MARYLCREEK DR | $424,900 | 3 | 2.5 | 2,741 | DETACHD | 49 | ||
| 12748 SW 22ND AVE | $425,000 | 4 | 2.5 | 2,584 | DETACHD | 373 | ||
| 13595 KNAUS RD | $599,000 | 4 | 2.5 | 3,339 | DETACHD | 15 |
SOLD (July 26-Aug. 1, 2010)
| Address | O/L Price | Sales Price | # BR | # BATHS | Prop Type | CDOM | ||
| 100 KERR PKWY | $74,900 | $60,500 | 1 | 1 | CONDO | 131 | ||
| 222 RIDGEWAY RD | $125,000 | $125,000 | 1 | 1 | CONDO | 13 | ||
| 4372 WOODSIDE CIR | $284,900 | $200,000 | 2 | 2 | ATTACHD | 165 | ||
| 4340 BOTTICELLI ST | $239,900 | $222,200 | 3 | 3+.5 | CONDO | 134 | ||
| 330 6TH ST | $249,950 | $239,000 | 1 | 1 | DETACHD | 5 | ||
| 1005 SOUTHSHORE BLVD | $244,900 | $249,000 | 4 | 2 | DETACHD | 74 | ||
| 4224 HAVEN ST | $269,900 | $269,000 | 4 | 2 | DETACHD | 39 | ||
| 15860 BOONES WAY | $429,000 | $380,000 | 3 | 2 | DETACHD | 81 | ||
| 1642 HIGHLAND DR | $429,000 | $418,000 | 4 | 3 | DETACHD | 74 | ||
| 17387 CANYON DR | $479,000 | $471,500 | 3 | 2+.5 | DETACHD | 11 | ||
| 17701 LEAFY LN | $529,000 | $507,000 | 4 | 3 | DETACHD | 94 | ||
| 4089 MELISSA DR | $524,900 | $520,000 | 4 | 2+.5 | DETACHD | 9 | ||
| 2311 OSWEGO GLEN CT | $810,000 | $700,000 | 4 | 2+.5 | DETACHD | 64 | ||
| 331 CHANDLER PL | $799,500 | $700,000 | 4 | DETACHD | 336 | |||
| 17281 LOWENBERG TER | $884,900 | $829,000 | 4 | 3+.5 | DETACHD | 494 | ||
| 245 CHANDLER PL | $950,000 | $895,000 | 4 | 2+.5+.5 | DETACHD | 6 |
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 Sunday, August 1, 2010
This Sunday Lake Oswego has 31 open houses planned, according to the RMLS. Enjoy!
| Address | List Price | # BR | # BATHS | Prop Type | Open | |||
| 4057 JEFFERSON PKWY | $224,900 | 3 | 2.5 | CONDO | 1:30 to 4 | |||
| 1723 CONIFER DR | $269,000 | 3 | 2 | DETACHD | 12 to 3 | |||
| 37 BLOCH TER | $300,000 | 3 | 2.5 | ATTACHD | 1 to 3 | |||
| 17683 ARBOR LN | $319,900 | 3 | 2 | DETACHD | 1 to 3 | |||
| 2245 GLEN HAVEN RD | $328,500 | 3 | 1.5 | DETACHD | 11 to 3 | |||
| 32 CHURCHILL DOWNS | $399,900 | 4 | 2.5 | DETACHD | 12 to 2 | |||
| 762 LAKE FOREST DR | $439,900 | 4 | 3 | DETACHD | 1 to 3 | |||
| 19319 SW DOGWOOD CT | $519,900 | 5 | 3 | DETACHD | 1 to 5 | |||
| 19415 SW DOGWOOD CT | 519900 | 4 | 2.5 | DETACHD | 1 to 5 | |||
| 745 BERWICK CT | 529000 | 3 | 2 | DETACHD | 1 to 3 | |||
| 19451 SW DOGWOOD CT | 539900 | 6 | 3 | DETACHD | 1 to 5 | |||
| 18263 ANDUIN TER | 599950 | 4 | 3 | DETACHD | 2:30 to 4:30 | |||
| 2035 RIDGE POINTE DR | 629900 | 4 | 2.5 | DETACHD | 12 to 2 | |||
| 3943 TEMPEST DR | 639000 | 4 | 2.5 | DETACHD | 12 to 2 | |||
| 17658 BROOKHURST DR | 649900 | 4 | 3 | DETACHD | 12 to 2 | |||
| 13596 STREAMSIDE DR | 649999 | 3 | 2.5 | DETACHD | 1 to 4 | |||
| 5511 FIELDSTONE CT | 695000 | 4 | 2.5 | DETACHD | 1 to 3 | |||
| 5533 FIELDSTONE CT | 715000 | 4 | 2.5 | DETACHD | 1 to 3 | |||
| 4123 CHAD DR | 719950 | 4 | 3.5 | DETACHD | 11 to 2 | |||
| 1785 PALISADES TERRACE DR | 749900 | 5 | 4.5 | DETACHD | 1 to 3 | |||
| 2469 MARYLHAVEN PL | 794500 | 4 | 3.5+.5 | DETACHD | 12 to 3 | |||
| 4288 LAKEVIEW BLVD | 819000 | 3 | 2 | DETACHD | 12 to 3 | |||
| 2607 PALISADES CREST DR | 830000 | 4 | 4.5 | DETACHD | 1 to 3 | |||
| 2335 OSWEGO GLEN CT | 875000 | 4 | 4 | DETACHD | 1:30 to 3:30 | |||
| 18209 SIENA DR | 1097000 | 5 | 3.5 | DETACHD | 1 to 3 | |||
| 18246 BELLA TERRA DR | 1194000 | 4 | 3.5 | DETACHD | 1 to 3 | |||
| 16686 MAPLE CIR | 1195000 | 4 | 3.5+.5 | DETACHD | 1 to 4 | |||
| 1808 RIDGE POINTE DR | 1269000 | 5 | 4.5 | DETACHD | 1 to 3 | |||
| 4700 SW DOGWOOD DR | 1499900 | 5 | 3.5 | DETACHD | 3:30 to 5:30 | |||
| 18024 SKYLAND CIR | 1665000 | 4 | 3.5+.5 | DETACHD | 12 to 2 | |||
| 112 NORTHSHORE CIR | 1695000 | 4 | 4.5+.5 | DETACHD | 1 to 4 |
Where did the Lake go?
For the last 2 years the City of Lake Oswego has had a major infrastructure project going on: the replacement of the aging and inadequate sewer interceptor line that ran along the bottom of the lake. The line is about 9000 feet and was both too small, causing over-flow when it reached capacity in heavy rain, and prone to damage in the event of an earthquake. Replacement of the system has happened in stages with the second stage now winding down and the third stage about to begin. Completion of the third stage will complete the project.
Sometime in September the water level of the lake will be drawn down. Remember that the water level is controlled at a dam that is located at the East end. When the water is drawn down, the lake will look almost completely empty with the exception of the very deepest areas. Mostly, it will look empty. This will be the status of the lake until next March when the lake will be allowed to refill. The new water will come from rain runoff, the Tualatin River, and area streams and creeks. The goal is to have the lake re-filled in plenty of time for summer recreation.
I’ve lived in Lake Oswego long enough to recall the days when the lake level was lowered regularly. It was part of normal management of the lake to drain the water out for a few weeks every other winter. This allowed water-front property owners to do needed repairs on their sea walls and boat houses. Then, about 10 or so years ago, the decision was made to not drain the lake on any regular basis. Which means that it has now been quite a few years since it was drained and that means it is going to come as quite a shock to local residents who haven’t been paying attention.
It is my experience that following the draining of the lake not only does the lake look better (from all of the work that gets done around the lake when the water level is down), but the water quality also tends to be much improved. Swimming in the lake next summer will be great!
So don’t be surprised when the lake is drained in a month or so. The water level will be restored.
For further info, including an exact schedule and e-mail updates, you can visit the City of Lake Oswego’s website and get all of the details.
Market Activity Report for July 12-18, 2010
Market Activity in Lake Oswego last week brought 29 new listings onto the market, 15 pending sales (including our featured property from last Wednesday, which received an accepted offer in just 7 days), and 11 closed sales.
Here’ your weekly update (see below the tables for additional notes):
NEWLY LISTED (July 12-18, 2010)
| Address | List Price | Sq Feet | BR | BATHS | Prop Type | ||
| 86 KINGSGATE RD | $94,900 | 924 | 2 | 2 | ATTACHD | ||
| 3952 CARMAN DR | $208,900 | 1146 | 2 | 2+.5 | CONDO | ||
| 16686 CARNEGIE AVE | $239,000 | 1734 | 4 | 2 | DETACHD | ||
| 859 F AVE | $239,900 | 1201 | 3 | 1+.5 | DETACHD | ||
| 16089 LAKE FOREST BLVD | $239,900 | 952 | 2 | 1 | DETACHD | ||
| 580 8TH ST | $255,000 | 852 | 2 | 1 | DETACHD | ||
| 17483 SCHALIT WAY | $285,000 | 1794 | 3 | 2+.5 | DETACHD | ||
| 1118 OAK ST | $319,900 | 1320 | 3 | 1+.5 | DETACHD | ||
| 15265 BOONES WAY | 324500 | 1560 | 2 | 2+.5 | ATTACHD | ||
| 15245 BOONES WAY | 325000 | 1600 | 3 | 2+.5 | ATTACHD | ||
| 17500 HILL WAY | 329900 | 1663 | 4 | 2 | DETACHD | ||
| 1070 HALLINAN | 379900 | 1653 | 3 | 1+.5 | DETACHD | ||
| 16 OTHELLO ST | 432900 | 2820 | 4 | 3 | DETACHD | ||
| 1550 BEDFORD CT | 460000 | 2250 | 3 | 2+.5 | DETACHD | ||
| 19 GROUSE TER | 489000 | 3383 | 3 | 2+.5 | DETACHD | ||
| 475 COUNTRY CLUB CT | 499000 | 1705 | 3 | 2+.5 | DETACHD | ||
| 17791 HILL WAY | 500000 | 2500 | 4 | 2+.5 | DETACHD | ||
| 942 CLARA CT | 549000 | 3123 | 4 | 2+.5 | DETACHD | ||
| 13595 KNAUS RD | 599000 | 3339 | 4 | 2+.5 | DETACHD | ||
| 173 FURNACE ST | 675000 | 2220 | 2 | 2+.5 | CONDO | ||
| 13223 DEERFIELD CT | 825000 | 4008 | 5 | 3+.5+.5 | DETACHD | ||
| 838 8th ST | 825000 | 2600 | 3 | 2+.5 | ATTACHD | ||
| 2351 PALISADES CREST DR | 949000 | 4498 | 5 | 2+.5 | DETACHD | ||
| 931 LAKE FRONT RD | 949900 | 2889 | 4 | 3+.5 | DETACHD | ||
| 18026 SKYLAND CIR | 1249000 | 4134 | 5 | 3+.5 | DETACHD | ||
| 1640 COUNTRY COMMONS | 1375000 | 5343 | 4 | 4+.5 | DETACHD | ||
| 1600 COUNTRY COMMONS | 1425000 | 5389 | 4 | 3+.5 | DETACHD | ||
| 1104 FOREST MEADOWS WAY | 1495000 | 5786 | 4 | 3+.5 | DETACHD | ||
| 1100 NORTHSHORE RD | 2650000 | 5232 | 5 | 2+.5+.5 | DETACHD |
PENDING SALES (July 12-18, 2010)
| Address | List Price | Sq Feet | BATHS | BR | Prop Type | CDOM | ||
| 5713 SW KENNY ST | $203,910 | 1296 | 2 | 3 | DETACHD | 19 | ||
| 2405 DELLWOOD DR | $357,000 | 2336 | 3 | 5 | DETACHD | 392 | ||
| 5434 YORKSHIRE PL | $369,900 | 2335 | 3 | 3 | DETACHD | 5 | ||
| 1641 ASH ST | $399,990 | 2825 | 3 | 4 | DETACHD | 177 | ||
| 13909 MAJESTIC CT | $410,000 | 3003 | 3 | 4 | DETACHD | 126 | ||
| 17670 MARYLBROOK DR | $499,000 | 3067 | 3 | 4 | DETACHD | 261 | ||
| 1301 HORSESHOE CURVE | $500,000 | 2060 | 3 | 3 | DETACHD | 5 | ||
| 16884 SUMMER PL | $524,900 | 2911 | 2.5 | 4 | DETACHD | 7 | ||
| 4524 AUBURN LN | 535000 | 2732 | 3.5 | 3 | ATTACHD | 169 | ||
| 2475 MARYLVIEW CT | 599000 | 3049 | 2.5 | 4 | DETACHD | 74 | ||
| 5783 VICTORIA CT | 599900 | 2500 | 2 | 3 | DETACHD | 21 | ||
| 18010 GIMLEY CT | 615000 | 3652 | 2.5 | 4 | DETACHD | 116 | ||
| 5529 WESTFIELD CT | 629000 | 2968 | 2.5 | 3 | DETACHD | 4 | ||
| 898 CORNELL ST | 759000 | 3000 | 2.5 | 3 | DETACHD | 390 | ||
| 95 IRON MOUNTAIN BLVD | 1595000 | 4818 | 4.5 | 5 | DETACHD | 411 |
SOLD (July 12-18, 2010)
| Address | Orig.Price | Close Price | BATH | BR | Prop Type | CDOM | ||
| 205 CERVANTES | $164,900 | $120,000 | 1.5 | 2 | CONDO | 145 | ||
| 16200 PACIFIC HWY | $297,900 | $221,500 | 2 | 2 | CONDO | 120 | ||
| 3388 EDGEMONT RD | $359,900 | $250,000 | 2.5 | 3 | DETACHD | 283 | ||
| 15580 PARTRIDGE DR | $378,000 | $350,000 | 2.5 | 3 | DETACHD | 267 | ||
| 1400 LEE ST | $475,500 | $421,500 | 3 | 4 | DETACHD | 146 | ||
| 53 D AVE | $574,900 | $425,000 | 3 | 3 | DETACHD | 518 | ||
| 5678 CHARLES CIR | $580,000 | $520,000 | 4 | 3 | DETACHD | 495 | ||
| 14158 KIMBERLY CIR | $530,000 | $530,000 | 3 | 5 | DETACHD | 40 | ||
| 1425 CHANDLER RD | $978,000 | $750,000 | 3 | 4 | DETACHD | 43 | ||
| 4912 FIRWOOD RD | $999,900 | $950,000 | 4 | 4 | DETACHD | 21 | ||
| 19000 BRYANT RD | $965,000 | $965,000 | 3.5 | 5 | DETACHD | 3 |
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 July 18, 2010
It is going to be another gorgeous summer weekend: a great time to see some beautiful houses. This Sunday there are 37 homes scheduled to be held open, according to the RMLS:
| Address | List Price | BR | BATHS | Prop Type | Open | |||
| 4000 CARMAN DR | $119,900 | 1 | 1 | CONDO | 12 to 2 | |||
| 1684 BOCA RATAN DR | $248,900 | 3 | 2 | ATTACHD | 1 to 3 | |||
| 18 SUMMIT RIDGE CT | $279,000 | 2 | 2.5 | ATTACHD | 2:10 to 4 | |||
| 37 BLOCH TER | $309,400 | 3 | 2.5 | ATTACHD | 2:30 to 4:30 | |||
| 15245 BOONES WAY | $325,000 | 3 | 2.5 | ATTACHD | 1:30 to 3:30 | |||
| 138 KINGSGATE RD | $385,000 | 3 | 2.5 | DETACHD | 1 to 3 | |||
| 1228 MAPLE ST | $399,000 | 3 | 2 | DETACHD | 1 to 3 | |||
| 1550 BEDFORD CT | $460,000 | 3 | 2.5 | DETACHD | 1 to 3 | |||
| 730 SW BRIERCLIFF LN | $495,000 | 5 | 3 | DETACHD | 1 to 3 | |||
| 9 WESTMINSTER DR | $519,000 | 5 | 2.5 | DETACHD | 1 to 3 | |||
| 19319 SW DOGWOOD CT | $519,900 | 5 | 2.5 | DETACHD | 1 to 5 | |||
| 4284 WESTBAY RD | $525,000 | 3 | 2 | DETACHD | 1 to 3 | |||
| 19415 SW DOGWOOD CT | $529,900 | 5 | 3 | DETACHD | 1 to 5 | |||
| 1060 UPPER DEVON LN | $539,000 | 3 | 2.5 | DETACHD | 1 to 3 | |||
| 2 MORNINGVIEW CIR | $549,000 | 3 | 2.5 | DETACHD | 1 to 3 | |||
| 19451 SW DOGWOOD CT | $549,900 | 6 | 3 | DETACHD | 1 to 5 | |||
| 8 CAMELOT CT | $550,000 | 5 | 3 | DETACHD | 1 to 3 | |||
| 19245 SW MEGLY CT | $584,900 | 5 | 3 | DETACHD | 1 to 5 | |||
| 8 DEL PRADO ST | $599,950 | 5 | 3 | DETACHD | 12 to 1:55 | |||
| 1930 HALL ST | $615,000 | 3 | 3.5 | DETACHD | 1 to 3 | |||
| 13596 STREAMSIDE DR | $649,999 | 3 | 2.5 | DETACHD | 1 to 4 | |||
| 3943 TEMPEST DR | $669,000 | 4 | 2.5 | DETACHD | 1 to 3 | |||
| 5511 FIELDSTONE CT | $695,000 | 4 | 2.5 | DETACHD | 12 to 2 | |||
| 5533 FIELDSTONE CT | $715,000 | 4 | 2.5 | DETACHD | 12 to 2 | |||
| 16461 CHAPIN WAY | $779,900 | 4 | 2.5 | DETACHD | 3 to 5 | |||
| 14124 HEATHROW LN | $795,000 | 4 | 3.5 | DETACHD | 12 to 2 | |||
| 17110 LOWENBERG TER | $799,000 | 4 | 2.5 | DETACHD | 12 to 2:30 | |||
| 4158 CASEY CT | $799,000 | 4 | 2.5 | DETACHD | 2:30 to 4:30 | |||
| 17288 LOWENBERG TER | $829,900 | 4 | 3.5 | DETACHD | 12 to 2:30 | |||
| 17154 LOWENBERG TER | $842,900 | 5 | 3.5 | DETACHD | 12 to 2:30 | |||
| 17896 KELOK RD | $848,900 | 5 | 5 | DETACHD | 2 to 4 | |||
| 17884 KELOK RD | $848,900 | 5 | 3.5 | DETACHD | 2 to 4 | |||
| 18209 SIENA DR | $1,097,000 | 5 | 3.5 | DETACHD | 1 to 3 | |||
| 18246 BELLA TERRA DR | $1,194,000 | 4 | 3.5 | DETACHD | 1 to 3 | |||
| 1808 RIDGE POINTE DR | $1,269,000 | 5 | 4.5 | DETACHD | 1 to 3 | |||
| 4700 SW DOGWOOD DR | $1,499,900 | 5 | 3.5 | DETACHD | 2:20 to 4 | |||
| 2572 GLEN EAGLES PL | $2,185,000 | 5 | 3.5+.5 | DETACHD | 1 to 3 |
Featured Property: 16884 Summer Place
I am proud to introduce you to my new listing at 16884 Summer Place. Located in the Summer Woods neighborhood in Lake Grove, it was built in 1995. Summer Woods is an interesting area. It’s in Lake Grove, so surrounded by older homes with some in-fill new construction, but this neighborhood has about 75 houses all built at the same time. So the neighborhood itself has a much newer feel. It is also super convenient with quick access to I-5, Hwy 217, and all sorts of shopping and dining.
This house sits on a magnificent lot with greenspace on two sides. It’s on a dead-end lane, so there is very little traffic. If you want quiet, privacy and a decent yard, this is one of the few newer homes that can actually boast all of these characteristics.
The house itself has been nearly all remodeled in the last few years. I know, it’s only 15 years old to begin with. But in 15 years styles change quite a bit. So while the house is still relatively new, the decor, including counters, cabinets, sinks, and appliances, are all nearly brand new. There is 2911 square feet of finished living area that includes 4 bedrooms plus a bonus room. The kitchen has granite counters and stainless steel appliances. The woodwork and trim is lovely with crown moldings and attention to detail. The yard has been professionally landscaped with patio dining as well as an outdoor deck that is ideally suited for entertaining. There are sprinklers in the yard. And, yes, on these hot summer days there is brand new central air conditioning.
I know that Realtors sound pretty hokey when they say things like “Hurry, this one won’t last.” But I do mean that about this house. I follow the market and know that even in today’s economy the good ones sell quickly. The combination of size, age, condition, and setting for this house is truly special. And at $524,900 it is very well priced. I honestly think this house will sell quickly.
If you’d like to make arrangements to see this house, please give me a call at 503-803-6298, or e-mail me at 
jdgregoire@earthlink.net . And, as always, feel free to contact myself or Linda for any of your real estate needs.
Dianne
News & Notes
~News & Notes~
- Mortgage Rates fell further last week from the already-lowest level in decades. Rates for a 30-year conventional loan are now hovering at between 4.5% & 4.75%, even with an increase today of .25 basis points according to Pat Goodell of Academy Mortgage. Slower economic growth last week was good for mortgage rates and negative for the stock market. This is actually an interesting point to note- When you see the stock market take a dip, check in on mortgage rates… they will almost always be improving during such periods.
- The deadline for closing on those transactions taking advantage of the tax credits was finally extended to September 30th. So, that’s very good news for all those who were pushing up against the June 30th closing deadline & not quite making it. I love second-chances… they’re so American!
- Woodstove Reminder – Have a wood stove? Planning to buy or sell a home with one? Note that beginning August 1st, 2010, in an effort to control emissions from smoke, when selling a home you will be required to remove the wood stove if it is “uncertified” by the DEQ. Here is a link for more information: Woodstoves in Oregon
- Lake Oswego Pricing Snapshot– Today there are 74 Detached Residences for sale in Lake Oswego priced at $350,000 or under. There are 144 priced between $350,000 and $550,000. Between $550,000 and 1 million there are 206 properties. And at 1 million and over there are 105 to choose from.
Lake Oswego’s Poet: William Stafford
Every community looks to find it’s claim to fame and Lake Oswego’s, beside beautiful homes and top-notch schools, can be found in one of its most famous residents, William Stafford.
William Stafford, born in 1914, lived in Lake Oswego from 1957 until his death in 1993. He was a professor of English at Lewis and Clark College and was world renowned as a poet. In 50 years of writing poetry, which he didn’t begin doing until his 40’s, he is estimated to have written 22,000 poems of which 3,000 were published. In 1970 he was named Consultant in Poetry to the Library of Congress, a position that today would be the equivalent of being the U.S. Poet Laureate. In 1975 he was named the Poet Laureate for the State of Oregon.
You will find tributes to William Stafford throughout Lake Oswego. In the various parks around town you will find inscriptions of his poems, a walkway named after him, and lovely renderings that pay tribute to his creative genius. I am a huge fan of his work. Absolutely one of my favorite places is the William Stafford path in Foothills Park that culminates in the stone circle that bears his work.
Today I want to introduce you to William Stafford and share with you a few of his poems:
Why I Am Happy
Now has come, an easy time. I let it
roll. There is a lake somewhere
so blue and far nobody owns it.
A wind comes by and a willow listens
gracefully.
I hear all this, every summer. I laugh
and cry for every turn of the world,
its terribly cold, innocent spin.
That lake stays blue and free; it goes
on and on.
And I know where it is.
Little Rooms
I rock high in the oak-secure, big branches-
at home while darkness comes. It gets lonely up here
as lights needle forth below, through airy space.
Tinkling dishwashing noises drift up, and a faint
smooth gush of air through leaves, cool evening
moving out over the earth. Our town leans farther
away, and I ride through the arch toward midnight,
holding on, listening, hearing deep roots grow.
There are rooms in a life, apart from others, rich
with whatever happens, a glimpse of moon, a breeze.
You who come years from now to this brief spell
of nothing that was mine: the open, slow passing
of time was a gift going by. I have put my hand out
on the mane of the wind,
to give it to you.
And, finally, my favorite:
The Way It Is
There’s a thread you follow. It goes among
things that change. But it doesn’t change.
People wonder about what you are pursuing.
You have to explain about the thread.
But it is hard for others to see.
While you hold it you can’t get lost.
Tragedies happen; people get hurt
or die; and you suffer and get old.
Nothing you do can stop time’s unfolding.
You don’t ever let go of the thread.
Thanks for letting me share William Stafford with you. I hope you enjoy his work as much as I do.
Dianne
Market Activity Report ~ June 21-27, 2010
There was good activity with 26 New properties entering the market, 9 going to Pending status, and 11 Sold during last week’s Monday – Sunday period according to RMLS. Condos and Townhomes are doing well with 1/3 of the Pending Sales and more than 1/3 of the Closed Sales in those categories. 10 of the 26 New properties, and almost half of the Pending Sales are priced under $350,000. 5 out of the 11 Sold were priced above $500,000., so the mid & upper end are also moving.
Here’ your weekly update (see below the tables for additional notes):
NEWLY LISTED (June 21—27, 2010)
| Address | List Price | Prop Type | # Beds | # Baths | Total SF | List Date | ||
| 41 OSWEGO SMT | $125,000 | CONDO | 1 | 1 | 764 | 6/26/2010 | ||
| 36 CRESTFIELD CT | $135,000 | ATTACHD | 2 | 1 | 923 | 6/24/2010 | ||
| 3384 CARMAN DR | $173,500 | CONDO | 2 | 2 | 1093 | 6/22/2010 | ||
| 5713 SW KENNY ST | $203,910 | DETACHD | 3 | 2 | 1296 | 6/25/2010 | ||
| 4057 JEFFERSON PKWY | $224,900 | ATTACHD | 3 | 2.1 | 1460 | 6/22/2010 | ||
| 605 Ash ST | $235,000 | DETACHD | 3 | 2 | 1528 | 6/25/2010 | ||
| 18788 KRISTI WAY | $299,950 | DETACHD | 3 | 2 | 1602 | 6/22/2010 | ||
| 17839 TAMARA AVE | $345,000 | DETACHD | 3 | 1.1 | 1562 | 6/26/2010 | ||
| 595 6TH ST | $349,000 | DETACHD | 2 | 2 | 893 | 6/26/2010 | ||
| 15364 TWIN FIR RD | $349,900 | DETACHD | 3 | 1 | 1608 | 6/23/2010 | ||
| 1866 KILKENNY DR | $375,000 | DETACHD | 3 | 3 | 3600 | 6/21/2010 | ||
| 2089 SW Glenmorrie | $425,000 | DETACHD | 2 | 2 | 1551 | 6/24/2010 | ||
| 5 EL GRECO ST | $479,000 | DETACHD | 4 | 2.1 | 2455 | 6/26/2010 | ||
| 1012 ANDREWS RD | $499,900 | DETACHD | 3 | 2 | 2246 | 6/21/2010 | ||
| 277 EVERGREEN RD | $539,000 | ATTACHD | 3 | 3.1 | 1936 | 6/22/2010 | ||
| 4786 AVERY LN | $579,000 | DETACHD | 5 | 2.1 | 2927 | 6/26/2010 | ||
| 5783 VICTORIA CT | $599,900 | DETACHD | 3 | 2 | 2500 | 6/24/2010 | ||
| 13226 ROGERS RD | $625,000 | DETACHD | 4 | 2.1 | 3691 | 6/25/2010 | ||
| 4625 FIRWOOD RD | $650,000 | DETACHD | 4 | 3 | 5264 | 6/26/2010 | ||
| 5288 DENTON DR | $759,000 | DETACHD | 5 | 2.1 | 3240 | 6/21/2010 | ||
| 17424 BRYANT RD | $775,000 | DETACHD | 4 | 4 | 3278 | 6/21/2010 | ||
| 16140 REESE RD | $785,000 | DETACHD | 4 | 2.1 | 2953 | 6/24/2010 | ||
| 17446 BRYANT RD | $795,000 | DETACHD | 4 | 4 | 3477 | 6/21/2010 | ||
| 15446 Boones Way | $989,500 | ATTACHD | 3 | 2.1 | 3364 | 6/27/2010 | ||
| 1345 CHERRY LN | $1,500,000 | DETACHD | 5 | 3.1 | 5259 | 6/23/2010 | ||
| 735 TERRACE DR | $1,600,000 | DETACHD | 2 | 1.1 | 2470 | 6/21/2010 |
PENDING SALES (June 21-27, 2010)
| Address | List Price | Prop Type | # Beds | # Baths | Total SF | CDOM |
| 205 CERVANTES | $124,900 | CONDO | 2 | 1.1 | 1216 | 145 |
| 4340 BOTTICELLI ST | $229,900 | CONDO | 3 | 3.1 | 2098 | 134 |
| 908 LAKE FRONT RD | $289,000 | DETACHD | 3 | 1 | 1398 | 98 |
| 116 TOUCHSTONE TER | $299,000 | CONDO | 3 | 2.1 | 1856 | 327 |
| 1646 DEVON LN | $424,500 | DETACHD | 4 | 2.1 | 2130 | 13 |
| 1642 HIGHLAND DR | $429,000 | DETACHD | 4 | 3 | 2234 | 74 |
| 17701 LEAFY LN | $529,000 | DETACHD | 4 | 3 | 3598 | 94 |
| 2311 OSWEGO GLEN CT | $799,500 | DETACHD | 4 | 4 | 4410 | 336 |
| 2479 PALISADES CREST DR | $799,999 | DETACHD | 5 | 3.1 | 6640 | 268 |
SOLD (June 21-27, 2010)
| Address | Orig. Price | Close Price | Prop Type | # Beds | # Baths | Total SF | CDOM |
| 4000 CARMAN DR | $129,000 | $95,000 | CONDO | 2 | 2 | 836 | 77 |
| 3433 MCNARY PKWY | $125,000 | $110,000 | CONDO | 2 | 2.1 | 1136 | 25 |
| 5 SUMMIT RIDGE CT | $298,500 | $276,000 | ATTACHD | 2 | 2.1 | 1576 | 58 |
| 18620 INDIAN CREEK DR | $379,900 | $362,000 | DETACHD | 3 | 2 | 2022 | 30 |
| 550 2ND ST | $410,000 | $400,000 | ATTACHD | 2 | 1.2 | 1520 | 110 |
| 17942 SAINT CLAIR DR | $449,900 | $445,000 | DETACHD | 4 | 2.1 | 2391 | 139 |
| 5711 SOUTHWOOD DR | $559,000 | $515,000 | DETACHD | 4 | 3 | 2655 | 22 |
| 19266 SW MEGLY CT | $589,900 | $573,000 | DETACHD | 4 | 3 | 3575 | 49 |
| 5774 BAY POINT DR | $625,000 | $625,000 | DETACHD | 5 | 2.1 | 3674 | 4 |
| 3820 SOUTHSHORE BLVD | $950,000 | $900,000 | DETACHD | 5 | 4 | 4855 | 227 |
| 17979 CRESTLINE DR | $1,149,000 | $1,110,000 | DETACHD | 4 | 2.1 | 4650 | 7 |
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.
News & Notes
Real Estate Notes:
Tax Credit Extension Update: Well, most expected HR 4213 to pass the Senate, but it was rejected in a test vote on Monday 52 – 45. This bill would have extended the mandatory closing deadline for real estate closings to September, thereby cutting some slack to the many Buyers, Escrow officers and Lenders who are working their way through the morass… all with the same deadline. There is a real concern that as next Wednesday approaches, the bottleneck will strangle many of these deals due to sheer volume and limited capacity and resources to finish on time.
As of today, June 24th, the Senate will “continue considering” the bill, and a number of amendments. This bill also includes other considerations including extending unemployment benefits, and will reportedly add 80 billion to the deficit. This is the reason being given for it’s defeat in the test vote on Monday in it’s then-current form.
Community News:
Community-Wide Garage Sale! Get ready to say goodbye to those items you no longer need in your home. To someone else they will be a “find”! Register your sale and your location will be mapped with your sale items listed. Free to Lake Oswego citizens, and Free publicity to boot! The event is July 10th from 8AM till 3PM. You have until June 28th to register. Click Here
The Sensitive Lands debate has been quite high profile for some time now, with citizens very concerned on all sides of the issue… concerned with how properties will be affected; concerned about how the natural landscape will be affected; concerned about how local government is handling an issue so important to citizens and the environment alike. The Second Look Task Force is completing their review of the environmental and regulatory purposes, and providing recommendations for changes that increase flexibility & clarity, and maintain the community’;s committment to the natural environment. If you’d like to know how you can provide input, Click Here. (All meetings except for July 10th will be televised live beginning at 6:30 PM on TVCTV Channel 23 or 28.)
Herbicides on Lake Front: From July 21 – 25 aquatic herbicides will be applied to shorelines along the main lake and Blue Heron Canal. For more information call Casey Deck at 503 636 1422.
Take A Free Tour! Have you been wanting to learn more about all of those sculptures & works of art you see around town? You can enjoy a walk with a Docent who will show you many of them in Lake Oswego’s “Gallery Without Walls”. Learn what the artist was thinking and how the piece was crafted. Tours are scheduled for June 25, 26, and 27 from 11AM till noon and 3PM till 4PM. No reservations are required. Proceed to the front of St. Honore Bakery at 315 1st St. next to Millenium Park Plaza. For more information call 503 675 3738.