Let’s Talk Trees

Trees have been the focus of my attention lately. This is because two weeks ago Lake Oswego had a big ice storm and a neighbors unkept trees dropped limbs onto power lines that caused a power outage at my house. It lasted 3 days. Of course this was not uncommon. At one point Portland Gas and Electric had power outages at over 300,000 homes in the metro area. Many were without power for longer than 3 days, so my intention here is not to complain about my personal experience. Instead, it has me thinking about the importance of paying attention to the trees in your yard.

Get them inspected

When buying a home, if the house has large trees in the yard, get them inspected. Most home inspectors only inspect the house itself. They don’t inspect the trees. A good home inspector will make the suggestion that you get the trees inspected, but many don’t. You should not take it for granted that trees are trees and no big deal. In particular, are any of the trees unhealthy? Are any of the trees unstable? Removing a big tree can be expensive. If this is something that can be learned up front, before you buy the house, it is something that can be negotiated as part of the purchase.

Trees need to be maintained

Once you own a home, maintain your trees by hiring an arborist every five years of so to go through your trees and take out dead limbs and prune to maintain health. My husband and I have done this. We have four HUGE fir tress and one HUGE English walnut tree. When we first bought our home I would occassionally sleep downstairs, not in my bedroom, if there was a big wind storm. Then one day while gardening, out of the blue, a big limb came down not too far from where I was standing. There’s a reason that these limbs are called widow makers. They are big and heavy and could really hurt a person. This was my wake up call that it was time to become friends with an arborist.

Since we have had our trees cleaned up, not one big limb has randomly fallen in our yard and no limbs have fallen during wind or ice storms. It is money well spent and gives tremendous peace of mind.

This brings me back to the recent ice storm. How I wish my neighbor was taking better care of his/her trees! Be a good neighbor and be a responsible tree owner.

I hope that you find this information helpful. Feel free to reach out to either Linda or myself if you have any questions about real estate and home ownership.

Dianne

Market Activity February 15-22, 2021

I think that the fact that our current real estate market is lacking inventory is pretty well known. There are many more buyers trying to buy homes than there are homes for sale. Preparing this market activity report a first has happened. Last week in Lake Oswego there was just one new listing. In all of the many years that Linda and I have been writing the blotter, I don’t recall that this has happened before. Hopefully it’s just a fluke and in the coming weeks the inventory will start to build up to meet the spring demand. Last week there were also 12 properties that accepted offers and went into pending status, as well as 18 closed/sold houses.

See below for RMLS data explanations

New on the market February 15-22, 2021

AddressTypePriceBRBathsSq Ft
4832 Redwing WayDetached$599,900321472

Pending sales February 15-21, 2021

AddressTypePriceBRBathsSq FtCDOM
100 Kerr Pkwy #5Condo$169,00011617171
3930 Lake Grove Ave 1BCondo$215,0002195811
4320 Botticelli ST #11Attached$309,90022.5+.5226018
16880 Cortez CtDetached$599,9003323133
5091 Tualata LnDetached$625,0003215006
853 E AveDetached$650,000217506
19603 River Run DrDetached$800,00042.526566
15606 Manchester DrDetached$849,90032.526563
1920 Park Forest AveDetached$1,125,00033267919
17884 Kelok RdDetached$1,229,00043.5412419
2230 Wembley Park RdDetached$1,785,00054.5460736
907 Terrace DrDetached$2,875,00064.5+.5+.57296128

Closed/Sold February 15-22, 2021

AddressTypeList PriceSold PriceSq FtCDOM
3872 Botticelli StCondo$289,900$293,0001171124
16250 Pacific Hwy #59Condo$319,000$319,0001,3059
5225 Jean Rd #510Condo$305,000$335,00011005
750 1st St E34Condo$335,000$335,00013503
16250 Pacific Hwy #73Condo$319,000$341,000130587
18667 Benfield AveDetached$485,000$529,00014145
17104 Canal CircleDetached$650,000$625,000141636
1427 Greentree CircleDetached$605,000$650,00022395
17160 Wall StDetached$850,000$888,00032462
2145 Summit DrDetached$1,000,000$1,000,000311148
4146 Chad DrDetached$1,099,900$1,030,0003637143
54 Wilbur StAttached$1,247,000$1,170,000360079
18460 Ray Ridge DrDetached$1,249,000$1,224,000376934
72 Nansen SummitDetached$1,369,000$1,240,00044857
978 10th StDetached$1,495,000$1,400,000257825
3175 Douglas CircleDetached$1,425,000$1,500,00054003
13594 Goodall RdDetached$1,700,000$1,700,00037320
16470 Phantom Bluff CtDetached$2,695,000$2,684,515518811

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

Market Activity February 1-7, 2021

Inventory remains very low with only 7 new listings coming onto the market last week. This in comparison to 17 houses that went pending and 16 closed sales. In my mind, demand is about twice the available inventory. This is leading to multiple offer situations and, in many instances, houses selling for more than the asking price. It’s a fantastic time to put your house on the market!

See below for an explanation of the RMLS data.

New on the Market February 1-7, 2021

AddressTypePriceBRBathsSq Ft
4000 Carman Dr #47Condo$259,90022993
4320 Botticelli St #11Attached$309,90022.5+.52260
12645 Boones Ferry RdDetached$799,950523038
2318 Hillside LnDetached$899,99553.53258
5 Mountain View LnDetached$925,00053.53850
15420 Boones WayAttached$1,345,00032.53364
892 8th StDetached$1,450,00043.52872

Pending sales February 1-7, 2021

AddressTypePriceBRBathsSq FtCDOM
668 McVey Ave #44Condo$219,0001163680
1661 Woodland TerrDetached$729,00032.530822
16570 Inverurie RdDetached$799,000543218174
16715 Ford PLDetached$837,00032.531713
1216 Spruce StDetached$840,00032.52066101
17601 Woodhurst PlDetached$1,125,00042.531794
6485 Mission CtDetached$1,189,00043.5313367
1483 Woodland TerrDetached$1,199,9995431359
2120 Glenmorrie DrDetached$1,298,00043.542930
15444 Boones WayAttached$1,350,00032.534883
16233 Bonaire AveDetached$1,395,0005334601
4160 Lakeview BlvdDetached$1,598,00043.5+.539046
2230 Wembley Park RdDetached$1,785,00054.5460727
13585 Goodall RdDetached$1,900,00043.5428218
1132 Troon RdDetached$2,575,00043.54165101
16470 Phantom Bluff CtDetached$2,695,00044.5518811
1527 Lake Front RdDetached$3,999,00056.57220113

Sold/closed February 1-7, 2021

AddressTypeList PriceSold PriceSq FtCDOM
76 Cervantes CircleCondo$227,000$234,3009124
4000 Carman Dr C49Condo$315,000$325,0001,0045
937 Country Club RdDetached$503,500$427,000165091
456 5th StCondo$450,000$440,00010921
18964 Redwing WayDetached$549,950$580,000140624
4380 Douglas WayDetached$599,950$599,950136462
1771 Campus WayDetached$738,000$738,00032773
151 C AveAttached$775,000$765,0001934112
4890 Sage Hen CircleDetached$799,900$770,000283274
19428 Kokanee CtDetached$769,000$800,00027926
4264 West Bay RdDetached$799,000$800,00013082
5322 Carman Grove LnDetached$899,000$838,000261565
730 8th StDetached$865,000$901,00023954
2591 Palisades Crest DrDetached$1,219,000$1,0854916110
16234 Waluga DrDetached$1,395,000$1,340313086
136000 GoodallDetached$2,590,000$2,3506612206

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.

Lake Oswego Reads: Caste

This February is the 15th annual Lake Oswego Reads and the selected book is Caste by Isabel Wilkerson. This event invites the entire town to read the same book and then come together with special events to commemorate the subject and the author. Of course, this year due to covid, there’s a lot of adaptation to keep everyone safe and healthy.

A top 10 New York Times best seller, the book compares caste systems throughout global history. It examines how social customs and legislation combine to keep segments of society oppressed in order for other segments of society to prevail and to profit. The message is both profound and important.

Special events include a trivia night, a history lesson about 450 years of Black history in Oregon, a discussion of the role of race in the castes system, a discussion about curriculum reform in the Lake Oswego School District, a virtual art show featuring 17 local artists’ interpretation of the book, and much, much more.

For a full list of Lake Oswego Reading events click here.

Enjoy the book and keep on reading!

Dianne

Market Activity Jan 18-24, 2021

The real estate market is really heating up. Buyers are out in hordes wanting to take advantage of the lowest interest rates in decades. They have gotten themselves pre-approved and are ready to go. The issue is, inventory is incredibly low. For every property that comes on the market, there are half a dozen buyers ready to buy. The result? Houses are selling fast, often with multiple offers. It is very much a sellers market. With multiple offers houses are frequently selling at or over the list price. So yes, this late winter and spring market truly is an amazing time to sell your house.

In Lake Oswego last week we had 6 properties come onto the market, 12 move into pending status with an accepted offer, and 16 closed sales.

See below for RMLS data and an explanation of this chart.

New on the Market Jan 18-24, 2021

AddressTypePriceBRBathsSq Ft
16250 Pacific Hwy #59Condo$319,000221305
2574 Palisades Crest DrDetached$975,00042.5+.54563
17311 Canyon DrDetached$1,099,500635376
667 Lake Bay CtDetached$1,899,90043.53616
1340 Cherry LnDetached$2,145,00044.5+.55922
16470 Phantom Bluff CtDetached$2,695,00044.55188

Pending sales Jan 18-24, 2021

AddressTypePriceBRBathsSq FtCDOM
5225 Jean Rd #510Condo$305,0002211005
456 5th StCondo$450,00021.510921
1238 Laurel StDetached$524,9003214852
1920 Southshore BlvdDetached$569,9003213138
6126 Frost LnDetached$749,0005324979
4264 West Bay RdDetached$799,0003213082
4850 Lower DrDetached$825,00043270011
2145 Summit DrDetached$1,000,00042.5+.5311148
975 Schukart LnDetached$1,198,00042.54449350
16234 Waluga DrDetached$1,349,00053.5313086
701 4th StDetached$1,450,00032.5278643
3735 Upper DrDetached$2,000,000444056137

Closed/Sold Jan 18-24, 2021

AddressTypeList PriceSold PriceSq FtCDOM
42 Cervantes CircleCondo$189,000$185,0009124
7200 Montauk CircleCondo$219,900$228,0009683
47 Eagle Crest Dr #62Condo$249,000$233,000102677
668 McVey Ave #85Condo$274,900$290,0009924
4047 Jefferson PkwyCondo$330,000$346,00012281
27 Bloch TerrAttached$425,000$442,00019723
15012 Twin Fir RdDetached$599,900$610,0003372
18861 Indian Springs CircleDetached$635,000$645,00016492
17012 Crestview DrDetached$699,000$699,00027504
5228 Lower DrDetached$850,000$839,9502723101
802 Clara CtDetached$850,000$875,00028863
3000 Brookside RdDetached$999,950$950,000160050
6 Essex CtDetached$998,000$998,000433842
5055 Lakeview BlvdDetached$1,298,000$1,245,000360728
1200 Lake Garden CtDetached$1,400,000$1,400,000334716
3509 Lanewood StDetached$1,799,000$1,790,9003830114

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.

Cool Stuff is Happening at the Library!

I say cool stuff is happening at the library, but in the time of Covid it is happening via zoom and on line. I really have to give a round of applause to the staff at the library because they have come up with some awesome options to keep readers engaged. At a time when we are spending more time at home, and really needing options to keep us busy, these programs are pretty terrific.

Multicultural Children’s Book Day

Watch videos of members of the community reading children’s books in different languages. Get recommendations for books to read that will educate about different cultures. This program honors the similarities and differences that make our community shine. For more information visit www.lakeoswego.city/library/mcbd.

A Bookish Affair

This is a book group that is devoted to romance novels. They read one book per month. To get involved you can email Shannon Dickinson at sdickinson@lakeoswego.city. You can also download the podcast at “A Bookish Affair” from all of the usual places that podcasts are found.

Cook The Books Book Group

This book group is all about food! It meets via zoom on Tuesdays at 4pm. Each week features a new theme. Folks get together to share recipes and talk about food. It’s pretty much a big recipe exchange. You can register at www.lakeoswego.city/library/cook-books-virtual-book-group where you’ll get a meeting link and a password.

LOPL Trivia

Join librarians for a family-friendly virtual game of trivia. Thursdays at 7pm. This sounds like a lot of fun! Registration is required. Go to www.lakeoswego.city/library/remote.

Personalized Reading Recommendations

Fill out a reading profile and librarians will use your answers to create a customized reading list just for you. For adults, go to www.lakeoswego.city/library/webforms/ten-ten-personalized-recommendations. For kids, go to www.lakeoswego.city/kids/you-need-read-weve-got-books. All books are loaned via curbside pickup and are quarantined before being loaned out again.

Lake Oswego Reads

Our library is just such a tremendous resource to our city! With all of this going on, I want to end this post by pointing out the Lake Oswego Reads is happenning right now. Citywide, the community is reading Caste by Isabel Wilkerson. There are many events associated with LO Reads. Find details at www.ci.oswego.or.us/loreads.

Happy Reading!

Market Activity January 4-10, 2021

The holidays are behind us and we are beginning to see the pick up of the real estate market. There is still a shortage of new listings with only 6 properties that came onto the market last week. However, we had 19 properties that received and accepted an offer. That’s a demand that is 3 times higher than the new inventory. This makes makes for a strong seller’s market. We also had 11 properties that sold/closed. Expect these numbers to all increase in the coming weeks.

See below for a breakdown of the RMLS data.

New on the Market January 4-10, 2021

AddressTypePriceBRBathsSq Ft
26 Cervantes CircleCondo$261,90021.51107
4000 Carman Dr C49Condo$315,00021.51004
1427 Greentree CircleDetached$605,000322239
13198 Peters RdDetached$675,000322630
4850 Lower DrDetached$825,000432700
151 3rd StCondo$,750,00032.53278

Pending January 4-10, 2021

AddressTypePriceBRBathsSq FtCDOM
42 Cervantes CircleCondo$189,00021.59124
4 Touchstone #85Condo$219,00032.513519
76 Cervantes CircleCondo$227,00021.59124
3872 Botticelli StCondo$299,000321171124
750 1st St #26Condo$350,00022135049
5061 Foothills Dr GCondo$354,900229912
27 Bloch TerrAttached$425,00032.519723
15012 Twin Fir RdDetached$549,90072.5+.5+.5337214
1599 Oak STDetached$659,90042.5246831
314 2nd StCondo$730,00033.5181538
19428 Kokanee CtDetached$769,00042.527926
5173 Woodcrest LnDetached$850,0005332202
5513 Rachel LnDetached$1,049,00042.5333529
4146 Chad DrDetached$1,049,90042.53637143
17196 Kelok RdDetached$1,099,00053.54348169
54 Wilbur StAttached$1,195,00033.5360079
72 Nansen SummitDetached$1,368,00042.544857
17495 Kelok RdDetached$1,600,00032.53282101
17561 Lake Haven DrDetached$1,795,00053.538790

Sold/Closed January 4-10, 2021

AddressTypeList PriceSold PriceSq FtCDOM
4640 Lower DrCondo$279,900$279,900117011
16191 Lake Forest BlvdDetached$424,999$433,0008644
17561 Lake Haven DrDetached$500,000$500,00011000
14150 Goodall RdDetached$525,000$545,00017453
17088 Rebecca LnDetached$650,000$640,000255859
4984 Bilford LnDetached$750,000$712,500262935
6123 Frost LnDetached$789,900$759,900233121
14360 Trillium CtDetached$927,000$845,5003558122
6155 McEwan RdDetached$1,250,000$1,145372836
859 F AveDetached$1,379,000$1,34532105
587 2nd StCondo$1,675,000$1,475225040

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

Companion Calls for Senior Citizens

There is a brand new program happening in Lake Oswego. It’s been organized by 7 volunteers at the Lake Oswego Adult Community Center. This program connects senior citizens with volunteers who make a weekly phone call to them to just have a nice, neighborly visit.

Paricularly in the time of Covid, people are feeling alone in their homes. Getting that phone call once a week can really brighten up a person’s life. I think the idea is just brilliant.

“We just chat about local stuff and stay connected to what’s going on in this beautiful city of ours” says coordinator Ross Fearey.

Referrals for potential recipiants to date have come from the Adult Community Center and also from Tony Sparling, the adult resources officer with the Lake Oswego Police Department.

If you or someone you know would benefit from participating in this program, call 503-636-5040 to make arrangements to receive regular calls.

Market Activity Dec 7-13, 2020

Last week in Lake Oswego sales remainded strong. 24 houses received offers that were accepted and 18 properties sold with finalized sales. New inventory remained low at just 6 new listings.

See below for RMLS details

New on the Market Dec 7-13, 2020

AddressTypePriceBRBathsSq Ft
47 Eagle Crest Dr #50Condo$210,00021932
18964 Redwing WayDetached$549,95031.51406
6126 Frost LnDetached$765,000532497
252 Greenwood RdDetached$824,900523834
5513 Rachel LnDetached$1,049,00042.53335
701 4th StDetached$1,499,00032.52885

Pending Sales Dec 7-13, 2020

AddressTypePriceBRBathsSq FtCDOM
30 Oswego SummitCondo$198,5001170078
750 1st St #26Condo$350,00022135020
16191 Lake Forest BlvdDetached$424,999318644
16342 Kimball StDetached$495,00031.512506
1225 Lee StDetached$511,00031.510561
14150 Goodall RdDetached$525,0003217453
1101 Hemlock SStDetached$574,90032.5221326
4380 Douglas WayDetached$599,95032136419
18861 Indian Springs CircleDetached$635,0003216492
15677 Fieldstone DrDetached$688,00032.52527156
4984 Bilford LnDetached$725,00032.5262935
2679 Glen Eagles RdDetached$729,9003323786
1771 Campus WayDetached$738,0003332773
2765 Glen Haven RdDetached$749,90042.522775
6123 Frost LnDetached$759,90042.5233121
803 Clara CtDetached$850,0004328863
17970 Meadowlark LnDetached$899,0004336401
18064 Jenifers WayDetached$899,90053296544
17596 Green Bluff DrDetached$959,90042.5303926
5055 Lakeview BlvdDetached$1,298,00043.5360728
961 Terrace DrDetached$2,495,00054.5+.5601696
1287 Cherry LnDetached$2,595,00054.55212110
2950 Lakeview BlvdDetached$2,750,00043.54299190
16649 Maple CircleDetached$2,969,000432714113

Closed/Sold Dec 7-13, 2020

AddressTypeList PriceSold PriceSq FtCDOM
48 Eagle Crest 5ECondo$269,000$249,0001442103
16250 Pacific Hwy #77Condo$289,900$259,0001,327257
3433 McNary Pkwy #804Condo$269,900$260,0001136103
65 Oswego SummitCondo$274,900$260,00011404
4107 Jefferson PkwyCondo$329,000$325,000150732
5626 Fernbrook WayDetached$511,000$489,000125059
17020 Denny CtDetached$650,000$525,0001704150
17297 Bryant RdDetached$575,000$550,000142811
13 Walking Woods DrDetached$515,000$556,00021304
17879 Hillside DrDetached$849,999$630,0003149271
18225 SW 65th AveDetached$799,000$747,000221037
3125 Alber Sring CtDetached$1,198,000$1,0654308195
16291 Bonaire AveDetached$1,096,660$1,09632400
6441 Mission CtDetached$1,165,000$1,165320124
3920 Upper DrDetached$1,595,000$1,4253800$115
15532 Village DrDetached$1,599,000$1,545344647
4165 Childs RdDetached$1,549,000$1,549331011
15607 Village DrDetached$2,589,000$2,2005407525

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.

A Season of Caring

Winter in general can be a challenging time. Daylight is short and the temperature outside is COLD. For those in need, it’s got to be the very difficult. In Lake Oswego there are several ways that you can help.

Shop with a Cop

Shop with a cop pairs police officers with children. They go shopping together for items that the child needs. This year, because of Covid, volunteers are doing the shopping and police officers will deliver the purchased items to children’s homes. You can make a donation at www.ccpobf.org/about/make-a-donation.html. This event ends on December 12th.

Personal Care Items

Personal hygene items such as toothpaste, toothbrushes, sun screen, disposable razors, diapers, deodorant, and shampoo can be dropped off at a donation barrel at City Hall, 380 A Avenue, South entrance vestibule. Donations can be dropped off at any time. New, unused items, please.

Hunger Fighters Oregon

A record number of people in Lake Oswego are in need of emergency food. Non-parishable food items can be donated at City Hall, 380 A Avenue. Donation barrels are located in the North vestibule fronting A Avenue or directly with Hunger Fighters, 2301 Hazel Rd, Lake Oswego. You can learn more by visiting www.hungerfightersoregon.org

School Supply Drive

The Rotary club of Lake Oswego is collecting school supplies in conjunction with the Lake Oswego School Foundation and district counselors. Back packs have already been generously donated and now is the time to fill them up! The Rotary is looking for monetary donations. Money will be used to purchase basic school supplies and also to fund the gift card program that Rotary administers year around. You can make a donation at https://bit.ly/2IMnPeA or you can mail a donation to Rotary Club of Lake Oswego-School Supply Drive, P.O. Box 94, Lake Oswego, OR 97034.

Toy Drive

The Lake Oswego Fire Department and Library are accepting new, unwrapped toys to give to children. Toys will be distributed by the Tualatin Valley Elks Lodge. The toy drive ends December 11th. Until then toys can be dropped off at the the Lake Oswego Fire Department’s main station, 300 B Avenue, Lake Oswego or at the Library, 706 Fouth Street.

Thank you for spreading the love and good cheer!

Dianne