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 [...]
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A Guide to Lake Oswego Real Estate and Community
Brought to you by Dianne Gregoire and Linda Rossi (Trotta), brokers licensed with Advanced Real Estate Services.
Contact: Dianne | Linda  |
~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 [...] 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 [...] Foothills Park, Lake Oswego, Oregon I think the most common question I am asked is “How’s business?”, which I think really means “What’s the market doing?” In my circle of friends, homeownership is the norm. And in today’s economy, everyone is hoping that their home is holding it’s value. For my clients, they are wanting [...] Technically, Marylhurst University is located in Marylhurst, Oregon: until a few minutes ago I had never heard of such a town! Actually, Marylhurst University is sandwiched exactly between Lake Oswego and West Linn on the banks of the Willamette River. Founded in 1893 by the Sisters of Holy Names of Jesus and Mary, it is [...] The City of Lake Oswego is mourning the unexpected passing of it’s beloved Police Chief, Dan Duncan. There will be a memorial service June 4th, 1:00PM at the Rolling Hills Community Church. Flags in the city will be at half-mast from now until that date. His family has set up a Memorial Site with photos [...] Real Estate News ~ 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 [...] There are several things that Lake Oswego is famous for: the Lake, beautiful homes, great schools, and the glorious flower baskets. The baskets have been hung annually on the main streets of town for many years. They are spectacular with both great size and great color. As someone who loves flowers and [...] Real Estate News ~ House Set to Extend Rural Home Loan Guarantee Program – A unanimous vote by the House Financial Services Committee will send the Rural Housing and Stabilization Act of 2010 to the full House of Representatives where it is said that it has been fast tracked for a vote as early as next [...] I have had an idea swirling around in my head for a few weeks now. It comes from my personal experience with clients as they interact with the current economy and the housing market. This idea really jelled in my thinking when I read Ted Leonsis’ article in the April 12th issue of [...] |
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