News & Notes ~ Happenings & Market Data

  • Oswego-LakeDuring the period of May 15th and August 31st, Lake Oswego Police will be conducting undercover operations using decoys to determine whether establishments are serving alcohol to underage individuals.  Lake Oswego is being proactive in implementing this program to circumvent alcohol-related incidents involving minors in Lake Oswego.  According to the Dept of Health & Human Services and the Center for Disease Control and Prevention: Underage alcohol use is a major public health problem. Alcohol is the most commonly used drug in the United States, more than tobacco and illicit drugs, and is responsible for 4,700 deaths of underage persons annually.
  • The 37th Annual “Lake Run” will be held in Lake Oswego on Saturday, May 11th. There will be a kids dash, a 5k for walkers or runners, and a 10k challenge with an “improved new route”.  This event draws thousands every year.  Come enjoy the fun in Millenium Plaza Park with entertainment, lots of great food, and exposition booths.  For more information CLICK HERE.
  • The 2013 Community Survey results show, among other things, that:

* Overall, residents rate the city 8.6 on a 10-point scale, so satisfaction is high as “a place to live”.

* Residents let their “grade” for satisfaction with local government slip to 3.3 on a 5-point scale.  (This is down .1 since 2010, and .5 since 2005)

* 52%, a majority, agree that the city makes efficient use of tax dollars.

* As for the most popular sources of information, 63% of Lake Oswego residents get their information from the Lake Oswego Review and 58% from the Hello LO newsletter among other publications.

* For the detailed report CLICK HERE.

  • Here is a bit of data illustrating how Lake Oswego compares in context with the larger Portland market (you may want to zoom… sorry for the small-ish image…. interesting though, eh?):

Portland May 2013

***Note that Appreciation is based on a comparison of the rolling average sale price for the last 12 months (4/1/12-3/31/13) with the 12 months prior (4/1/11-3/31/12). Days on Market is the number of days from when a property is listed to when an offer is accepted on that same property. If a property is re-listed within 31 days, DOM continues to accrue; however, it does not include the time that it was off the market

 

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