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

Lake Oswego Market Activity ~ July 5-11, 2010

Lake Oswego had 23 New properties enter the market, 15 go to Pending status, and 5 Sold during last week’s Monday – Sunday period according to RMLS.

Here’ your weekly update (see below the tables for additional notes):

NEWLY LISTED (July 5-11, 2010)

Address List Price Total SF # Beds # Baths Prop Type
17 OSWEGO SMT $105,000 764 1 1 PUD
5225 JEAN RD $198,000 1500 3 2 CONDO
16200 PACIFIC HWY $204,900 1190 2 2 CONDO
18263 BENFIELD AVE $209,900 912 3 1 DETACHD
5524 BONITA RD $319,000 2752 3 1 DETACHD
14550 DORIS AVE $349,900 1474 3 1.1 DETACHD
5434 YORKSHIRE PL $369,900 2335 3 3 DETACHD
2000 GREENTREE RD $379,000 2548 3 2.1 DETACHD
2 BARTOK PL $395,000 2332 4 2.5 DETACHD
762 LAKE FOREST DR $454,000 2400 4 3 DETACHD
17760 OVERLOOK CIR $476,500 2357 4 3 DETACHD
4284 WESTBAY RD $525,000 1539 3 2 DETACHD
15 SCARBOROUGH DR $549,000 3310 4 3.1 DETACHD
3334 Upper DR $550,000 2500 4 2.1 DETACHD
3342 Upper DR $550,000 2500 4 1.2 DETACHD
8 CAMELOT CT $550,000 3084 5 3 DETACHD
4398 GLACIER LILY ST $550,000 2936 4 2.1 DETACHD
5434 ROSALIA WAY $559,000 2600 4 2.1 DETACHD
13074 ROGERS RD $629,000 2810 4 2.1 DETACHD
6479 SW MCDUFF CT $659,000 3054 3 2.1 DETACHD
3931 BASS LN $789,000 3310 4 3.1 DETACHD
691 CARRERA LN $899,900 3704 5 3.1 DETACHD
329 10TH ST $995,000 3595 4 2.2 DETACHD

PENDING SALES (July 5-11, 2010)

Address List Price # Beds # Baths Total SF Prop Type CDOM
16250 PACIFIC HWY $109,000 2 2 1311 CONDO 276
16200 PACIFIC HWY $199,000 2 2 1200 CONDO 276
26 CONDOLEA DR $199,900 2 2 1420 CONDO 131
16200 PACIFIC HWY $209,000 2 2 1208 CONDO 878
16200 PACIFIC HWY $209,000 2 2 1200 CONDO 276
16200 PACIFIC HWY $239,000 2 2 1208 CONDO 878
330 6TH ST $249,950 1 1 1120 DETACHD 5
1694 FIRCREST CT $274,900 3 2.1 2015 DETACHD 198
6338 WASHINGTON CT $329,900 3 1 1558 DETACHD 128
675 10TH ST $430,000 4 2 2280 DETACHD 427
5580 KILCHURN AVE $549,900 4 2.1 2286 DETACHD 12
5722 CHARLES CIR $569,900 4 2.1 2674 DETACHD 69
2326 OSWEGO GLEN CT $997,500 4 4 4575 DETACHD 36
1097 CHANDLER RD $1,439,000 4 4.1 5313 DETACHD 42
1973 CHERYL CT $1,595,000 5 4.1 6436 DETACHD 53

SOLD (July 5-11, 2010)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
59 GALEN ST $99,000 $89,900 1 1 550 CONDO 97
18922 REDWING WAY $369,900 $349,900 4 2 2076 DETACHD 271
1158 BAYBERRY RD $649,000 $649,000 4 4 2386 DETACHD 10
731 F AVE $750,000 $655,000 4 2.1 2668 DETACHD 113
18735 BRYANT RD $1,079,900 $875,000 5 3.1 5323 DETACHD 59

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

~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 ReminderHave 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.

Market Activity for June 28 to July 4, 2010

Here in Lake Oswego last week the real estate market had 18 new listings, 15 pending sales, and 15 closed sales.
Here is your weekly update (see below the tables for additional notes):

NEWLY LISTED (June 28-July 4, 2010)

Address List Price BR BATHS SF Prop Type
3930 LAKE GROVE AVE $122,000 2 1 952 CONDO
4000 CARMAN DR $122,500 1 1 836 CONDO
4000 CARMAN DR $129,000 2 2 834 CONDO
86 KINGSGATE RD $130,000 2 2 849 CONDO
15209 QUARRY RD $174,900 2 1 1,210 DETACHD
668 MCVEY AVE $185,000 1 1 636 CONDO
18305 FERNBROOK CT $299,999 3 2 1,500 DETACHD
4201 COLLINS WAY $307,500 3 2 1,230 DETACHD
1228 MAPLE ST 399000 3 2 1,894 DETACHD
17055 CRESTVIEW DR 479900 5 3 2,575 DETACHD
730 SW BRIERCLIFF LN 495000 5 3 3275 DETACHD
5580 KILCHURN AVE 549900 4 2 + .5 2,286 DETACHD
18006 GIMLEY CT 549900 5 4 3225 DETACHD
12 SCARBOROUGH DR 574900 4 2 + .5 2,892 DETACHD
611 IRON MOUNTAIN BLVD 575000 2 1 1,322 DETACHD
18212 WESTVIEW DR 598900 4 2 + .5 3464 DETACHD
17874 BLUE HERON WAY 599900 4 4 3,200 DETACHD
17618 CRESTLINE DR 1575000 4 3 + .5+.5 4,666 DETACHD

PENDING SALES (June 28-July 4, 2010)

Address SPID List Price SQ feet BR BATHS Prop Type CDOM
47 EAGLE CREST DR $74,100 1009 2 1 CONDO 104
222 RIDGEWAY RD $125,000 756 1 1 CONDO 13
4372 WOODSIDE CIR $219,000 1178 2 2 ATTACHD 165
16200 PACIFIC HWY $230,000 1208 2 2 CONDO 120
1005 SOUTHSHORE BLVD $249,900 2196 4 2 DETACHD 74
139 TOUCHSTONE CT $279,900 1846 2 2 + .5 ATTACHD 11
4321 WOODSIDE CIR $289,000 1532 3 2 ATTACHD 14
406 8th ST $315,000 2437 3 1 + .5 DETACHD 323
595 6TH ST 349000 893 2 2 DETACHD 3
5 EL GRECO ST 479000 2455 4 2 + .5 DETACHD 7
444 6TH ST 899000 4541 4 4 + .5 DETACHD 213
245 CHANDLER PL 950000 3733 4 2 +.5+.5 DETACHD 6
1425 CHANDLER RD 978000 3384 4 3 DETACHD 43
18820 GREENBLUFF DR 1395000 5382 4 4 + .5 DETACHD 99
13777 Cameo CT 1550000 7300 4 5 + .5 DETACHD 570

SOLD (June 28-July 4, 2010)

Address Orig/Price Close/Price CDOM SQ FT Prop Type BR BATHS
3433 SW MCNARY PKWY $153,000 $120,000 98 1,008 CONDO 2 2
100 LEONARD ST $184,900 $175,000 164 1,364 CONDO 2 2
13 ERASMUS ST $214,500 $210,000 45 1,414 ATTACHD 2 2.5
4610 LAMONT WAY $247,500 $232,500 17 1,750 DETACHD 3 2
17141 SW BRYANT RD $364,900 $317,000 307 1,228 DETACHD 3 2
454 5TH ST $350,000 $350,000 156 1,092 ATTACHD 2 1.5
15547 PARTRIDGE DR $389,900 $390,000 214 2,266 DETACHD 3 2.5
12409 SHELBY CT $449,900 $428,000 12 2,238 DETACHD 3 2
676 9TH ST $525,000 435,000 327 1,850 DETACHD 2 1
15266 CANDLEWOOD CT $464,988 455,000 88 2,569 DETACHD 4 2.5
13460 SNOWBERRY CT $582,500 525,000 61 3,327 DETACHD 3 2.5
15422 BOONES WAY $798,000 675,000 645 2,586 ATTACHD 4 2.5
17212 CHAPIN WAY $850,000 725,000 314 2,541 DETACHD 3 2.5
1580 BONNIEBRAE DR $849,000 840,000 50 3,800 DETACHD 4 3
1340 CHERRY LN $1,348,000 1,200,000 5 5,922 DETACHD 4 4.2

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 and Happy 4th of July

Along with a few open houses, this Sunday will bring us Lake Oswego’s annual 4th of July festivities:

  • 7am to noon, Lake Oswego Lion’s Club Pancake Breakfast.  George Roger’s Park. $6 for adults and $4 for children, in includes pancakes, sausage, coffee, orange juice and milk.
  • 1pm, Star Spangled Parade, A Avenue to Millennium Plaza.  Wear your patriotic colors, decorate your wagons, and march in the parade!  Led by an authentic Fife and Drum Band, the parade includes antique cars, veterans, boy scouts, bikes, strollers, pets—you name it.
  • 1pm, boat parade on Lakewood Bay
  • 1:15 to 5pm, Centennial Star Spangled Celebration at Millennium Park, includes presentation of colors, a chicken barbeque (put on by Lake Grove Lions) face painting, Fife and Drum performance, and live music, including Huge Sally and Southern Nights.
  • 9:45, The Annual fireworks Display will be held over Oswego Lake.  Fireworks are shot off from a barge on the lake.  Best viewing is from Lake Grove Swim Park on Lakeview Blvd between Southshore and Summit.  Arrive early to get best viewing and to find parking.  Remember that most roads around the lake are closed or have limited access during the fireworks display, so plan accordingly.

Here are Sunday’s Open Houses, according to the RMLS:

Address List Price Sq Feet BR BATHS Prop Type Open
18222 SIENA DR $1,088,000 3800 6 4 + .5 DETACHD 1 to 3
18209 SIENA DR $1,097,000 3839 5 3 + .5 DETACHD 1 to 3
18246 BELLA TERRA DR $1,194,000 4196 4 3 + .5 DETACHD 1 to 3
18143 SIENA DR $1,197,000 4152 5 4 + .5 DETACHD 1 to 3
1808 RIDGE POINTE DR $1,269,000 4155 5 4 + .5 DETACHD 1 to 3

Have a safe and happy 4th of July!

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

Foothills Park, William Stafford Path

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,

William Stafford thoughts

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.