Tag: affordable housing

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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

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Lake Oswego Open Houses ~ Sunday, July 11,2010

We have 32 properties on tour tomorrow in Lake Oswego. For you out-of staters… this will be a sunny Sunday with temperatures in the 80’s after our heatwave of 90’s & 100+ What a day for a stroll through some beautiful homes!
Here is what’s Open Sunday per RMLS:

Address L/Price # Beds # Baths Total SF Style Time
4057 JEFFERSON PKWY $224,900 3 2.1 1460 TOWNHSE 1-4PM
29 GREENRIDGE CT $249,000 3 2 1596 CONDO 1-4PM
139 TOUCHSTONE CT $279,900 2 2.1 1846 TOWNHSE 1-3PM
6301 Alyssa TER $299,900 3 2.1 1546 TOWNHSE 11-1PM
5160 TUALATA LN $339,900 3 2 1470 DETACHD 1:30-3:30PM
4971 SUNTREE LN $378,000 3 2.1 1911 DETACHD 1-4PM
231 LAUREL ST $400,000 3 3 2244 DETACHD 1-3PM
1462 GREENTREE CIR $419,900 4 2.1 2507 DETACHD 1-4PM
13455 AUBURN CT $440,000 3 2.1 1892 DETACHD 12-1:55PM
1899 WOODLAND TER $479,000 5 3.1 3031 DETACHD 1-4PM
975 SOUTHSHORE BLVD $479,900 3 2.1 2118 DETACHD 2-4PM
19415 SW DOGWOOD CT $529,900 5 3 3517 DETACHD 1-5PM
15 SCARBOROUGH DR $549,000 4 3.1 3310 DETACHD 12-3PM
33 MORNINGVIEW CIR $549,900 3 2.1 2737 DETACHD 2-4PM
10 SCARBOROUGH DR $575,000 4 3 3537 DETACHD 1-3PM
4 NANSEN SUMMIT $599,000 4 2.1 3257 DETACHD 1-4PM
8 DEL PRADO ST $599,950 5 3 3637 DETACHD 2:05-4PM
5705 SOUTHWOOD DR $639,900 3 2.1 3372 DETACHD 12-3PM
1015 SOUTHSHORE BLVD $755,000 4 3 3542 DETACHD 12-2PM
18955 BRYANT RD $799,900 4 2.1 3660 DETACHD 12-3PM
3030 WESTVIEW CT $829,000 4 2.1 3415 DETACHD 2-4PM
17884 KELOK RD $848,900 5 3.1 4124 DETACHD 2-4PM
17896 KELOK RD $848,900 5 5 4323 DETACHD 2-4PM
1015 ANDREWS RD $875,000 4 3 3367 DETACHD 1:30-3:30PM
3155 DOUGLAS CIR $985,000 5 3.2 4517 DETACHD 1-4PM
18209 SIENA DR $1,097,000 5 3.1 3839 DETACHD 1-3PM
18246 BELLA TERRA DR $1,194,000 4 3.1 4196 DETACHD 1-3PM
18143 SIENA DR $1,197,000 5 4.1 4152 DETACHD 1-3PM
1808 RIDGE POINTE DR $1,269,000 5 4.1 4155 DETACHD 1-3PM
4700 SW DOGWOOD DR $1,499,900 5 3.1 5401 DETACHD 2:30-4PM
3700 UPPER DR $1,595,000 4 3.1 5191 DETACHD 1-4PM
2572 GLEN EAGLES PL $2,185,000 5 4.2 6490 DETACHD 1-3PM
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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 Reminder – 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 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.
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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.

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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!

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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

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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.

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Lake Oswego Open Houses ~ Sunday, June 27,2010

There are 36 Lake Oswego properties Open for your pleasure Sunday according to RMLS. Enjoy!

Address L/Price # Beds # Baths Total SF Prop Type Open
1400 BONNIEBRAE DR $179,500 2 1 864 ATTACHD 1-3PM
16231 PARKER RD $260,000 3 1 1381 DETACHD 1-4PM
139 TOUCHSTONE CT $279,900 2 2.1 1846 ATTACHD 1-3PM
37 BLOCH TER $314,500 3 2.1 1972 ATTACHD 1-3PM
65 GREENRIDGE CT $319,000 2 2 1314 ATTACHD 1-3PM
466 5TH ST $339,900 2 1.1 1092 ATTACHD 1-3PM
5160 TUALATA LN $339,900 3 2 1470 DETACHD 1:30-3:30PM
4971 SUNTREE LN $378,000 3 2.1 1911 DETACHD 1-4PM
692 2ND ST $379,000 3 1 1700 DETACHD 1-3PM
18651 DON LEE WAY $384,900 4 2 1630 DETACHD 1-3PM
1641 ASH ST $419,950 4 3 2825 DETACHD 1-3PM
17681 LEAFY LN $449,000 4 3 2242 DETACHD 12-2PM
17640 TREETOP WAY $498,900 4 3 2718 DETACHD 1-3PM
19319 SW DOGWOOD CT $519,900 5 2.1 3105 DETACHD 1-5PM
19415 SW DOGWOOD CT $529,900 5 3 3517 DETACHD 1-5PM
1060 UPPER DEVON LN $539,000 3 2.1 2400 DETACHD 2-4PM
2 MORNINGVIEW CIR $549,000 3 2.1 2954 DETACHD 1-3PM
19451 SW DOGWOOD CT $559,900 6 3 3547 DETACHD 1-5PM
4 INDEPENDENCE AVE $564,900 4 3.1 3482 DETACHD 2-4PM
5722 CHARLES CIR $569,900 4 2.1 2674 DETACHD 2-4PM
19245 SW MEGLY CT $584,900 5 3 3490 DETACHD 1-5PM
13265 FOX RUN $680,000 3 2.2 2614 DETACHD 1-3PM
17110 LOWENBERG TER $799,000 4 2.1 2732 DETACHD 3-5PM
144 LEONARD ST $799,000 4 3.1 3451 DETACHD 11-1PM
3030 WESTVIEW CT $824,000 4 2.1 3415 DETACHD 11-1PM
17288 LOWENBERG TER $829,900 4 3.1 3467 DETACHD 3-5PM
17154 LOWENBERG TER $842,900 5 3.1 3476 DETACHD 3-5PM
444 6TH ST $899,000 4 4.1 4541 DETACHD 2-4PM
18222 SIENA DR $1,088,000 6 4.1 3800 DETACHD 1-3PM
18209 SIENA DR $1,178,950 5 3.1 3839 DETACHD 1-3PM
18143 SIENA DR $1,197,000 5 4.1 4152 DETACHD 1-3PM
1808 RIDGE POINTE DR $1,269,000 5 4.1 4155 DETACHD 1-3PM
18246 BELLA TERRA DR $1,294,000 4 3.1 4196 DETACHD 1-3PM
3151 DOUGLAS CIR $1,349,000 5 4.2 4400 DETACHD 1-4PM
4700 SW DOGWOOD DR $1,499,900 5 3.1 5401 DETACHD 2:30-4PM
2572 GLEN EAGLES PL $2,185,000 5 4.2 6490 DETACHD 1-3PM
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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.

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Market Activity Report for June 14-20, 2010

Last week brought 16 new listings, 14 pending sales, and 12 closed sales. I think what I find most interesting is the CDOM (cumulative days on the market). It does seem that things are selling either really fast or really slowly. Correct pricing is what makes the difference! And notice the house on Polonius: it not only sold in 8 days, but for $15,000 over the asking price. Yes, this may have reflected built in costs for closing costs or some other concession, but it is still a rare event in this economy. And it does mean that the seller had an eager buyer who was not haggling the price down.

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

NEWLY LISTED (June 14—20, 2010)

Address List Price Total Br Total BTHS SQ FT Prop Type
222 RIDGEWAY RD $125,000 1 1 756 CONDO
139 TOUCHSTONE CT $279,900 2 2 + .5 1,846 ATTACHD
4321 WOODSIDE CIR $289,000 3 2 1,532 ATTACHD
17683 ARBOR LN $339,900 3 2 1,946 DETACHD
1117 HEMLOCK ST $349,900 3 2 1,680 DETACHD
18651 DON LEE WAY $384,900 4 2 1,630 DETACHD
15012 TWIN FIR RD $399,000 5 2 3,532 DETACHD
15008 TWIN FIR RD $399,000 5 2 3,372 DETACHD
524 2ND ST 439000 2 2 + .5 1,547 CONDO
17681 LEAFY LN 449000 4 3 2,242 DETACHD
10 HILLSHIRE DR 549900 4 3 3,152 DETACHD
6 MORNINGVIEW LN 659000 4 3 3,998 DETACHD
116 3RD ST 675000 2 1 915 DETACHD
649 9TH ST 819000 3 2 + .5 2,852 DETACHD
1250 SUNNINGDALE RD 825000 5 3 + .5 4,073 DETACHD
245 CHANDLER PL 949850 4 2 + .5 + .5 3,733 DETACHD

PENDING SALES (June 14-20, 2010)

Address List Price Total BR Total BTHS SQ FT Prop Type CDOM
5225 JEAN RD $155,000 2 2 1,400 CONDO 28
4224 HAVEN ST $269,900 4 2 2,752 DETACHD 39
3388 EDGEMONT RD $279,900 3 2 + .5 1,968 DETACHD 283
17518 REDFERN AVE $355,000 3 2 1,831 DETACHD 715
540 2ND ST $410,000 2 2 + .5 1,520 CONDO 870
17845 SARAH HILL LN $417,000 4 2 + .5 2,970 DETACHD 9
53 D AVE $435,000 3 3 2,211 DETACHD 518
17387 CANYON DR $479,000 3 2 + .5 1,955 DETACHD 11
4089 MELISSA DR 524900 4 2 + .5 2,710 DETACHD 9
5678 CHARLES CIR 525000 3 4 3,455 DETACHD 495
18282 ANDUIN TER 625000 4 2 + .5 3,765 DETACHD 1
14370 PFEIFER DR 669000 4 2 + .5 3,318 DETACHD 12
11 HILLSHIRE DR 825000 4 2 + .5 3,415 DETACHD 33
18735 BRYANT RD 909900 5 3 + .5 5,323 DETACHD 149

SOLD (June 14-20, 2010)

Address Original Price Close Price Prop Type SQ FT CDOM
109 OSWEGO SMT $144,900 $141,900 CONDO 1212 47
12846 SW BOONES FERRY RD $225,000 $199,000 CONDO 1136 532
3485 DEVONSHIRE DR $264,900 $250,000 ATTACHD 1556 16
12 POLONIUS ST $246,600 $261,000 DETACHD 3275 8
136 TOUCHSTONE TER $350,000 $267,500 DETACHD 1996 243
15148 QUARRY RD $279,000 $279,000 DETACHD 1618 11
3056 WEMBLEY PARK RD $339,000 $285,000 DETACHD 2600 36
31 DA VINCI ST $399,900 $352,000 DETACHD 2232 249
1545 CLOVERLEAF RD 579950 $535,000 DETACHD 2723 59
13090 KNAUS RD 995000 $600,000 DETACHD 5578 357
5218 WESTFIELD CT $699,500 $607,000 DETACHD 3125 284
13081 KNAUS RD 1795000 $1,400,000 DETACHD 3269 58

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.