It is supposed to by sunny and near 70 degrees on Sunday. Get out there and have some fun! If looking at properties is on your agenda, there are 12 to see on Sunday in Lake Oswego. Enjoy!
Here are those that will be held open according to RMLS:
18791 Indian Creek Way$439,900 3 Bd, 2 Ba Open 1-3
3311 Fir Ridge Rd $459,000 3 Bd, 2 1/2 Ba Open 1:30-3:30
41 Hillshire Dr $499,000 4 Bd, 3 Ba Open 1:30-3:30
4691 Chelsea Ln $619,900 4 Bd, 2 1/2 Ba Open 1-3
5868 Suncreek Dr $694,000 4 Bd, 2 1/2 Ba Open 1-3
2900 Wembley Pk Rd $697,000 4 Bd, 2 1/2 Ba Open 1-3
2 Grouse Ter $799,000-$850,000 4 Bd, 3 Ba Open 2:30-4
3030 Westview Ct $948,000 4 Bd, 2 1/2 Ba Open 2:30-4:00
13237 Knaus Rd $999,000 3 Bd, 3 1/2 Ba Open 1:30-3:30
3114 Douglas Cir $1,795,000 4 Bd 4 Ba Open 1-3
975 Lake Front Rd $1,899,000 3 Bd, 3 Ba Open 2:30-4:00
2500 Glen Eagles Rd $2,695,000 5 Bd, 4 1/2 Ba Open 12:15-3:30

There is currently in Lake Oswego a very large volume of new construction, “spec” homes that are for sale. A spec house is a house built by a builder who does not yet have a buyer at the time it is built. The idea is that they will be able to sell the house while it is being built or as soon after it is constructed as possible. In a good real estate market it is pretty low risk and allows builders to make a good living. But when the market is slow, like it is right now, it is extremely high risk and forces builders into bankruptcy and the unsold homes into foreclosure. There is a local lender, Banner Bank, that is trying to do something about this problem.