Open Houses for Sunday January 25th, 2009

Greetings, Lake Oswego real estate fans!

You can see from the line-up below and the report from Monday that activity in Lake Oswego is heating up. If only our temperatures would do the same.

Happy house-hunting:

____________________________________________________________

136 Oswego Smt. $142,000 1 Bd, 1 Ba, Open 1-3

26 Crestfield Ct. $172,700 2 Bd, 2 Ba, Open 2-4

5487 Tualata Ct. $289,000 3 Bd, 2 Ba, Open 1-3

4 Othello St. $424,900 4 Bd, 3 Ba, Open 1-4

108 Ridgeway Rd. $499,000 3 Bd, 1 Ba, Open 11-1

624 Livingood Ln. $574,900 4 Bd, 3 Ba, Open 1-3

625 Clara Ct. $587,500 3 Bd, 2 1/2 Ba, Open 12-3

3254 Duncan Dr. $599,900 4 Bd, 3 1/2 Ba, Open 2-4

13222 Deerfield Ct. $649,000 4 Bd, 2 1/2 Ba, Open 1-3

15713 Tara Pl. $729,000 4 Bd, 2 1/2 Ba, Open 1-3

5267 Lakeview Blvd. $750,000 4 Bd, 3 1/2 Ba, Open 1-4

540 Northshore Rd. $759,000 4 Bd, 2 Ba, Open 2-4

426 7th St. $778,950 4 Bd, 2 1/2 Ba, Open 1-4

17606 Woodhurst Pl.$895,000 5 Bd, 3 1/2 Ba, Open 1-3

2941 Westview Cir. $899,900 4 Bd, 2 1/2 Ba, Open 1-3

15847 Springbrook Ct.$938,000 3 Bd, 3 ba, Open 2-4

3030 Westview Ct. $959,000 4 Bd, 2 1/2 Ba, Open 2-4

2600 Dellwood Dr. $995,000 4 Bd, 3 Ba, Open 2-5

3600 Southshore Blvd. $999,000 3 Bd, 2 1/2 Ba, Open 2-4

3300 River Woods Pl.$1,095,000 3 Bd, 2 1/2 Ba, Open 1-3

943 S.W. Atwater Rd. $1,235,000 4 Bd, 2 1/2 Ba, Open 1-3

16359 Chapin Way $1,439,000 4 Bd, 3 1/2 Ba, Open 1-4

13200 Thoma Rd.$1,995,000 5 Bd, & 2 1/2 Ba , Open 2-4

Personal Kitchen Experiences – Share Yours!

kitchen_aTuesday was such a momentous occasion, and many of us took time off from work to watch the inauguration and the rest of the exciting events of the day.  In the afternoon I took one of the many photographs I’d shot from the television screen and emailed it with my best wishes to a huge list of family and friends. I called the photo and email “New Day in my Kitchen”.

It occurred to me that many of us spend important moments in our kitchens.  Some of our best times with loved ones are spent there, and of course there is a lot of talk lately about those discussions of family budgets etc. occurring around kitchen tables throughout the nation.  I took a look around my kitchen, and thought of some of the decisions I’ve made pertaining to it through the years. I also thought about comments from some of my clients lately as we look at homes they are considering.

My kitchen is very large and, as I enjoy entertaining, it is perfect for large or small gatherings and tends to be where the laughter and conversation is always liveliest. In the beginning when I purchased my home, I wanted to “gut” it as it has very 50’s white pine cabinets with that unmistakable “country kitchen” flavor. I like to think of myself as more Mediterranean than “country”, and so made some major modifications along the way to nudge the look that direction. But the cabinets actually grew on me, and now I love them and wouldn’t think of touching them.  Other aspects of my kitchen did not win me over however, and so I had some decisions to make.

The counter tops had to go. I chose granite, and/but had to consider a few things as I made that decision. First of all, I decided on granite tile rather than slab. I did this because I had so many projects going on at once throughout the house and granite tile, being more economical than slab, allowed me to accomplish much more on my budget and still have that beautiful gleaming look that I love. In the process though, I had to take practicality into account and consider a few things about granite:

  • If choosing granite tile, be sure to select product that is cut for minimal grout lines (some are cut in such a way as to necessitate wider grouting between tiles).
  • Think about the whole kitchen, and how the granite contrasts or matches other elements such as flooring, cabinetry and fixtures. It should all work together.
  • Know that granite requires careful cleaning and upkeep- You will want to seal, and then re-seal your granite every year or so to protect the integrity of the stone.
  • Grout between granite tiles needs to be sealed and re-sealed as well as the granite.
  • If you use lots of lemons in your cooking, know that the acid from citrus can damage your granite severely. My installer informed me that if you left a half- lemon lying upside-down on your granite counters overnight, it would eat a circle into the granite. I have not tried this to prove or disprove what I was told, but suffice it to say that you are now forewarned as was I.  You will also want to eliminate citrus cleaners from your collection… and/or tell your cleaning service not to use them.
  • Remember that, unlike laminates or even stainless steel which are both very popular and good options, things usually break when they hit granite. Now, tile of any kind will cause breakage as well, but with granite you at least generally do not have to worry about it breaking, which can be a problem with regular tile.
  • Remember that there are other options such as quartz, poured concrete, and man-made granite look-alikes, all with their own charm and benefits. Talk to a qualified professional about your choices as I did.

The next choice for me was flooring.  I was absolutely convinced that I wanted travertine in my kitchen.  A very nice consultant talked me out of it explaining that it is very slick when wet, requires even more care and upkeep than granite, and can crack when heavy things drop on it. (Me? Drop things?!)  Now, I was really hard to convince but I finally gave in. (I did put it in one bathroom however… so I got my travertine “fix”, and also chose rough travertine for my back splash in the kitchen getting some of the Mediterranean feel I was after.)  He tried to talk me into the practicality of laminate for flooring, but in the end approved of my selection of porcelain tile.  I achieved the Mediterranean look I wanted, and got a durable floor that requires less upkeep. I do still have to be mindful of dropping bowls etc., but for a different reason- porcelain is just plain hard, so unlike the more practical laminate surface, shattering is what happens when you drop ceramics or glass on it.  Remember also- grouting needs to be sealed and re-sealed, and the grout color should take into consideration the fact that it is being walked on… all the time, as well as the unavoidable effects of gravity.

There is so much to talk about with kitchens, and I am not even going to get into sinks, appliances, range venting etc. in this post (another time : ) but  I do want to look at the basics. The other day I was showing a property with a remodeled kitchen that had beautiful slab counters, tile flooring, and a great layout. My client pulled out a drawer and mentioned that her daughter noticed that the fixtures had been replaced but not the cabinets… just like she had seen time & time again on a popular TV design/remodeling show.  She liked them anyway, but it is something to think about. Here in Lake Oswego, many homes were built in the 50’s, 60’s & 70’s, and if a remodel does not include new cabinetry, make sure you love the function aspect of the cabinets as-is.  There is a reason people choose not to replace cabinetry. It’s expensive. Now, I made this same decision in my kitchen, and/but DO love my cabinets. There are times when I wish I could pull out smoothly rolling drawers and shelves, and spin in-cabinet lazy susans for easy access.  I made a choice because I love the look of mine… they are rustic, and the iron handles are a feature I took into consideration when choosing the color of my granite etc. That said, if I ever choose to sell my home, a buyer will need to love them as well.  If you are not so crazy about your cabinets and considering a remodel, know that the choices you make should appeal to the widest pool of buyers… that is if you know you will want to sell in a few years.

Lastly, as far as basics go, if you are shopping for a home, notice whether the layout of the kitchen fits your lifestyle. Do you use breakfast bars?  Do you enjoy privacy while cooking or prefer “great-room” openness?  Do you entertain?   Do you enjoy cooking with your spouse or kids? If so, is there room for two or more people to move about in the kitchen? Just pay attention to how the kitchen matches your needs.

I would love to hear comments, personal kitchen remodeling experiences, or additional information you’d like to share. Please feel free to post a comment.  Personal experience is valuable, and we’d all like to learn from yours!

Market Activity for January 12-18, 2009

Here is your market activity report for last week. There are 17 new listings, 9 pending sales, and 2 closed sales. When I did my search for new listings the report originally contained over 50 properties, which seemed way high to me. So I explored the market history on each of them and found that only 17 were truly new listings and all of the rest were old listings that were pulled and then re-listed with new RMLS numbers to “refresh” them. It’s a common practice to stimulate sales activity. However, I think it is helpful to see what is a actually a new listing versus this marketing technique. I can not promise that time will always permit me to take this extra step, but when I can, I will. I was also pleased to see 9 pending sales, which is a bit of a gain over what we were seeing in the holidays.

NEWLY LISTED (January 12, 2009 – January 18, 2009)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
LIST DATE
Address List Price #BR #Bths Total SF Prop Type List Date
57 GALEN ST $129,500 1 1 689 CONDO 1/17/2009
136 OSWEGO SMT $142,000 1 1 764 CONDO 1/15/2009
4 TOUCHSTONE DR $194,900 3 2.1 1,351 CONDO 1/13/2009
545 HEMLOCK ST $339,900 3 1.1 984 DETACHD 1/12/2009
3 SAINT HELENS CIR $359,000 2 2 1,472 DETACHD 1/12/2009
1234 MAPLE ST $379,000 3 2 1,947 DETACHD 1/14/2009
1052 YATES ST $389,900 3 1.1 1,286 DETACHD 1/12/2009
14498 CAMDEN LN $469,900 4 2.1 1,918 DETACHD 1/15/2009
6067 CLAIRMONT CT 529000 4 2.1 2,344 DETACHD 1/12/2009
1862 KILKENNY DR 549900 3 2.1 2,485 DETACHD 1/15/2009
827 5TH ST 550000 3 2 2,124 DETACHD 1/16/2009
745 4TH ST 579000 3 2 2,662 DETACHD 1/12/2009
4116 ORCHARD WAY 683950 5 3.1 4,078 DETACHD 1/16/2009
15713 TARA PL 729000 4 2.1 3,442 DETACHD 1/17/2009
13601 GOODALL RD 875000 3 1.1 2,662 DETACHD 1/14/2009
17404 BERGIS FARM DR 1297000 5 4.1 5,394 DETACHD 1/17/2009
13770 CAMEO CT 2298000 4 5.1 6,929 DETACHD 1/14/2009

PENDING SALES (January 12, 2009 – Janaury 18, 2009, 2008)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
Address List Price #BR #BTHS Total SF Prop Type CDOM
5225 JEAN RD $189,875 2 2 1,100 CONDO 168
6291 HARRINGTON AVE $249,900 3 2 1,472 DETACHD 99
4451 BERNARD ST $349,950 3 2 1,800 DETACHD 190
5079 W SUNSET DR $379,950 2 2.1 1,760 ATTACHD 336
18971 INDIAN SPRINGS CIR $399,950 3 2 1,525 DETACHD 9
4 BRITTEN CT $429,000 3 2.1 1,972 ATTACHD 74
1265 ROCKINGHORSE LN $444,000 4 3 2,402 DETACHD 189
5364 LANGFORD LN $715,950 3 2.1 3,022 DETACHD 258
14270 EDENBERRY DR 749900 4 2.1 2,935 DETACHD 104

SOLD (January 12, 2009 – January 18, 2009)

ADDRESS ORIG. PRICE SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
Address O/Price Close Price #BR #BTHS Total SF Prop Type CDOM
7050 CHILDS RD $498,000 $385,000 2 2 1,693 DETACHD 573
2584 PARK RD $679,000 $480,000 4 2 2,302 DETACHD 279

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.

If links to ACTIVE properties do not bring up property information, the listing may no longer be active, but rather expired, cancelled, pending, or sold.

Open Houses for the weekend of January 17-18, 2009

golden-frontThere are 20 scheduled open houses being promoted on the RMLS this weekend, including my open house at 4447 Golden Lane. I’ll be there from 1-4. It’s an end-unit townhouse in Mt. Park with 2 bedrooms and 2.5 baths. Listed for $284,900, the Kitchen has new granite counters. There are walls of South-facing windows that let in lots of light and give the home large views of the gorgeous landscaping. To get there, take Carmen Drive to Fosberg, to Melrose, to Thundervista, to Golden. You’ll see my signs at the intersection of Fosberg and Melrose. Please come by, I’d love to meet you.

Here are the open houses scheduled for Saturday, January 17th:

624 Livingood Ln, $574,900, 4 BR, 3 BTHS, 2596 SF, Open 1-3
1322 Rosemont Rd, $749,900, 4 BR, 3.5 BTHS, 3836 SF, Open 1-4

Here are the open houses scheduled for Sunday, January 18th:

4320 Cornwall St, $214,950, 2 BR, 1 BTH, 1000 SF, Open 2-4
4447 Golden Ln, $284,900, 2 BR, 2.5 BTHS, 1616 SF, Open 1-4
18959 Kristi Way, $384,400, 3 BR, 2 BTHS, 1778 SF, Open 1-3:30
1480 Hemlock St, $428,850, 4 BR, 3 BTHS, 2246 SF, Open 1-3
1650 Fircrest Dr, $429,000, 4 BR, 3 BTHS, 2268 SF, Open 1-4
3486 Ponderosa Loop, $429,000, 4 BR, 2.5 BTHS, 2453 SF, Open 12-4
75 Condolea Way, $449,000, 3 BR, 3 BTHS, 2131 SF, Open 1-3
2453 Marylhurst Dr, $479,000, 4 BR, 2 BTHS, 2073 SF, Open 12-3
5624 Southwood Dr, $599,900, 4 BR, 3 BTHS, 3120 SF, Open 1-4
3254 Duncan Dr, $599,900, 4 BR, 3.5 BTHS, 3997 SF, Open 2-4
13222 Deerfield Ct, $679,500, 4 BR, 2.5 BTHS, 3022 SF, Open 1-3
3456 Chelan Dr, $709,900, 5 BR, 3.5 BTHS, 3677 SF, Open 1-3
5267 Lakeview Blvd, $750,000, 4 BR, 3.5 BTHS, 3425 SF, Open 1-4
426 7th St, $778,950, 4 BR, 2.5 BTHS, 2902 SF, Open 1-4
15195 Lily Bay Ct, $924,900, 4 BR, 2.5 BTHS, 4099 SF, Open 12-4
3030 Westview Ct, $959,000, 4 BR, 2.5 BTHS, 3415 SF, Open 2-4
943 Atwater Rd, $1,235,000, 4 BR, 2.5 BTHS, 3874 SF, Open 12-2
13200 Thoma Rd, $1,995,000, 5 BR, 5 full + 2 half BTHS, 7648 SF, Open 2-4

This is going to be a great weekend to see some houses. Enjoy the sunshine!

What should I offer?

aressign1This is probably the single most common question that buyers universally ask. After all, you want to get the property for a fair price that is not too high, but you also have other concerns that you want to address. How do you frame the offer to cover all of your concerns?

The first step, in my opinion, is to have your Realtor prepare a market analysis for the neighborhood in which the home that you like is located. You want to know what other homes have sold for. The houses that are used should have sold as recently as possible, going no further back than 6 months. They also need to be as similar as possible in age, size, and condition. There will always be a bit of a range in the value. Houses that sell at the low end usually have issues with either condition or location. Houses at the high end are in top-notch condition with recent upgrades and remodeling. Then there is the average. An average home is clean and in nice condition but does not necessarily have completely new kitchens and baths, or perhaps has upgrades that are not high-end. The home you are considering: where does it fit in this range? Knowing what the neighborhood is selling for, and having an idea of where your prospective home fits in the range, will tell you what the market is proving to be the value for the home. This method allows you to know if a property is over priced or a smokin’ deal. You also want to take into consideration the market history on the property. If the house has been on the market for an extended period of time without dropping the price, then it is obviously over-priced and the seller will need to negotiate down to get it sold. If it’s been on the market a long time, but the current price is a recent and large reduction, perhaps the seller has already come down enough to have the house at a fair-market value. And a house that is newly listed is less likely to take a dramatically lower offer. I believe the best way to estimate value is to take the time to do the market analysis. It will tell you what the house is worth in the current economic climate.

My next advice to a buyer is to decide what is important to them, price or terms. If getting the house for the absolutely best price possible is the priority, then make the offer clean in other areas. Sure, come in 10% below the list price but don’t ask for new carpeting, a closing date after your son graduates from High School next spring, and not subject to the sale of your current home. If you come in low and then ask for the moon, most sellers will get mad and reject your offer. On the other hand, if you really do need to make your offer subject to the sale of your current home, then to get a seller to work with you, you are going to need to be more generous on price. I do believe that most sellers expect to negotiate and when presented with a reasonable offer will respond in kind and try to make a deal work. But do decide if your priority is price or terms and then frame your offer to accomplish your priority.

I also feel that before a buyer can make an offer, he or she needs to see enough homes to develop a sense for value. What does a $300,000 house look like? When you see enough of them, you start to get a feeling for the market and sense for value. You can tell when a house is in better than average condition and yet priced the same as the ones that are a mess. That is a good deal. That is the best way to buy. I think it takes looking at about 20 houses for a buyer to develop a good sense for value.

Also, make sure that you are working with a Realtor who knows the neighborhood. Homes in Beaverton sell under different circumstances than homes in North Portland. You need to be aware how individual areas of town are selling. And even within Lake Oswego there are high-demand locations that sell for more money and more quickly because of their location.

Your home is likely the largest purchase you will ever make. You want to buy the home that you love, but you also want to make a sound investment, and the first step is making the right offer.

Open Houses for Sunday, January 11th

We had views of the mountains this morning, and are supposed to be dry and hovering near 50 Sunday! (Do I sound excited?)  If you decide to venture out and enjoy the weather and some “house-browsing”, here are some that will be held open on Sunday according to RMLS:

5054 Foothills Dr.       $285,000   2 Bd,   2 Ba,   Open 2-4

1650 Fircrest Dr.         $429,000   4 Bd,   3 Ba,   Open 1-4

1265 Rockinghorse Ln.$444,000   4 Bd,  3 Ba,   Open 1-3

4 Hillshire Dr.               $575,000   4 Bd,  3 Ba,   Open 1:30 – 3:30

5624 Southwood Dr.   $599,900   4 Bd,  3 Ba,    Open 2-4

3254 Duncan Dr.         $599,900   4 Bd,   3 1/2 Ba, Open 1-3

426 7th St.                  $778,950   4 Bd,   2 1/2 Ba, Open 1-4

16359 Chapin Way     $1,439,000 4 Bd,   3 1/2 Ba, Open 1-4

13200 Thoma Rd.        $1,995,000  5 Bd,  5 + 2 1/2 Ba, Open 2-4

Insurance & Adventures in Home Ownership

slide_1bWe’ve given you plenty of coverage of the exciting and unusual weather experienced lately here in Lake Oswego. I hesitate to scare the bajeezeez out of anyone contemplating living here, and/but believe that even though this is unusual weather, the story I’m about to share is extremely valuable for just that reason, and highlights the importance of giving great consideration to the type of insurance you decide to carry when purchasing a home.

Last Friday at about 1:00AM, 23-year old Sammy Abazzaz and a group of his friends were relaxing and having a late-night snack in the second-floor kitchen of Sammy’s Lake Oswego home when a mudslide hit its rear filling the level below with moving earth, throwing granite counters at them and opening a crevasse at their feet sending some plummeting beneath it.  Sammy’s parents were in British Columbia celebrating the new year and rushed home upon hearing of the catastrophe. All the occupants are reported to have escaped and are deemed relatively “OK” with the exception of one broken arm and lots of nightmares I’m sure.  According to the Oregonian,  Sammy relates: “It came through almost like an avalanche, through the windows and the house”.  Heavy rains and a plugged drainage point on the hill above the home reportedly caused the slide.

slide_6Scott Burns, a professor of geology at Portland State University advises:  “The important thing is to get people in Portland and the rest of this area to ask the question, ‘What can I do to prevent landslides on my property?’ ”  “There was just a lot of storm water going down the streets and going in every direction,” said Bill Burns, an engineering geologist with the state Department of Geology and Mineral Industries. “There was just so much water, it was just over-taking the system.”

slide_3The family reportedly had homeowners insurance, but not the additional protection of landslide coverage which is typically excluded from most policies. I would pose that in addition to being the most diligent and informed homeowner you can possibly be, you also need to acknowledge that sometimes “stuff happens”, and therefore it is prudent to assess any “potential” hazards (even if you believe them unlikely) and protect yourself with appropriate insurance. This means you may end up being the one inquiring as to the availability of such add-ons, and so need to come armed to any discussion with data to guide your inquiries and decisions. To that end, let me provide you with some basic information, which I suggest you view as a primer, and not as the replacement for consultation with your insurance agent who, unlike me, is the “insurance expert”:

  • Most homeowners policies will not include: floods, mold/fungus, earthquakes, mudslides/landslides, sinkholes, war or nuclear accidents.
  • If you do have, or are considering flood insurance, check to see if you are covered for a landslide should the slide be carried by a body of water. Some flood policies cover mudslides ONLY under these circumstances.
  • Cost of coverage is based on where you live & other factors. (visit: http://www.Floodsmart.gov). A typical quote for someone NOT in a flood plane according to my own insurance office only will cover up to $250,000 in structural damage, and $100,000 for content damage.  ** For $200,000/structure and $80,000/contents in a recent “preferred location” quote in SW Portland, the price tag I’m told was $326/yr.
  • Generally speaking, “property damage” is not intended to include a detached garage, outbuildings, tool sheds etc. These may be covered, but usually at around 10% of the amount of coverage applicable to your home.
  • The most common policies in the United States cover losses due to fire, lightning, fallen trees, tornadoes, wind storms, hail explosions, smoke, vandalism and theft. The amount of coverage that you have is an item for discussion between you and your insurance agent.
  • Water seepage from the ground up into your home is usually considered a maintenance issue and not covered in standard or flood policies.  Waterproofing and appropriate drainage work is recommended if this is an issue.
  • Although the term “Acts of God” is bandied about by most of us, it is not a term that’s actually included in homeowners insurance policies.

We all live on planet earth, so accordingly, we are susceptible to all kinds of unexpected occurrences.  Importantly, let me repeat-

  • Get/Stay informed.
  • Gather information about your property and any “potential” hazards.
  • Take appropriate mitigating actions to remove any threat(s) if possible.
  • Consult your insurance agent for the best advice on protecting yourself, your home and your family.
  • Should you not already have a trusted insurance agent/advisor, request some references from your Realtor.

Home ownership is an adventure.  Suit up, and enjoy it!

Market Activity for December 29, 2008 to January 4, 2009

The holidays are over, the snow has melted, and it’s time for the market to get going. This past week there were 13 new listings, 3 pending sales, and 2 closed sales. Of particular interest to me is the sale on Dellwood Dr. Dellwood is absolutely one of the prettiest streets in Lake Oswego. This was a house that Linda and I had toured together during a Broker’s Open. It was a mid-century modern in architectural design and was decorated in the same manner. It had been on the market for a very long time. An offer was accepted on it in mid December and it closed just two weeks later. For the location the house was a nice value and I sure the seller is happy to start the new year with the house sold.

NEWLY LISTED (DECEMBER 29, 2008 – January 4, 2009)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
LIST DATE
4 TOUCHSTONE $129,900 2 2 979 CONDO 1/1/2009
210 S STATE ST $199,900 2 1 1,284 CONDO 12/30/2008
3433 MCNARY PKWY $249,900 2 2.1 1,136 CONDO 1/2/2009
1635 ASPEN ST $345,000 3 2.1 1,618 DETACHD 1/2/2009
17755 HILL WAY $375,000 4 3 1,887 DETACHD 1/3/2009
845 LAKE FOREST DR $459,000 3 1.1 1,359 DETACHD 12/31/2008
4750 UPPER DR $469,900 4 3 2,692 DETACHD 1/4/2009
4691 SW HERITAGE LN $639,900 4 2.1 2,882 DETACHD 1/4/2009
1189 SUNNINGDALE CT $699,000 4 2 2,056 DETACHD 1/2/2009
1913 CHERYL CT $1,380,000 4 4.1 5,791 DETACHD 1/4/2009
16771 MAPLE CIR $1,650,000 3 3 2,074 DETACHD 1/3/2009
4398 Lakeview BLVD $1,895,000 4 2.2 3,309 DETACHD 12/30/2008

PENDING SALES (DECEMBER 29, 2008 – Janaury 4, 2009, 2008)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
4206 WOODSIDE CIR $284,900 2 2 1,799 ATTACHD 8/3/2008
1640 WORTHINGTON ST $359,000 4 3 2,342 DETACHD 10/28/2008
5350 LAKEVIEW BLVD $459,990 6 2.5 2,580 DETACHD 8/19/2008

SOLD (December 29, 2008 – January 4, 2009)

ADDRESS ORIG. PRICE SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
2958 DELLWOOD DR $669,900 $547,000 4 3 3,272 DETACHD 775
14527 PFEIFER WAY $799,000 $650,000 4 3.1 3,788 DETACHD 120

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.

If links to ACTIVE properties do not bring up property information, the listing may no longer be active, but rather expired, cancelled, pending, or sold.

Open Houses for Sunday, January 4th, 2009

The holidays are behind us, the snow has melted, and it’s time to get back into the saddle. Here are this weekend’s open houses that are being promoted on the RMLS. All are being held open on Sunday the 4th.

12868 Boones Ferry Rd, a townhouse, $295,000, 2 bedrooms, 2.5 baths, open 1-3

5807 Ridgetop Ct, a house, $539,900, 5 BR, 2.5 Baths, open 1-4

624 Livingood Ln, a house, $574,900, 4 BR, 3 Baths, open 1-3

17512 Greenbluff Lot 1, a house, $1,425,000, 4 BR, 4 Baths, open 1-4

17554 Greenbluff Lot 2, a house, $1,850,000, 4 BR, 4 full + 4 half Baths, open 1-4

Have a great weekend.

Lake Oswego Real Estate Activity Report – December 22-28, 2008

Lake Oswego saw two properties enter the market last week.  Feet of snow and ice may stop delivery companies and impair mall traffic the week of Christmas, but the real estate market moves forward! (albeit slightly)

One property went “Pending”, and we have no sales for the week.

Here is the latest Lake Oswego real estate market activity report (see below the tables for additional notes):

NEWLY LISTED (DECEMBER 22-28, 2008)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
LIST DATE
12826 Boones Ferry RD 299900     2           2.1           1398       CONDO   12/23/2008
570 7TH ST                  739000    4           2.5           2528       DETACHD 12/23/2008

PENDING SALES (DECEMBER 22-28, 2008)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
1428 PINE ST 449000            3            3.1                 2738            DETACHD     782

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.

If links to ACTIVE properties do not bring up property information, the listing may no longer be active, but rather expired, cancelled, pending, or sold.