Tag: dog park

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Market Activity ~ Jan 6-12, 2014

During our first full week of logged activity in Lake Oswego, 8 New properties entered the market, 9 moved to Pending status, and 3  “Closed”/Sold.

Here is the breakdown according to RMLS:

NEW on MKT (Jan 6-12, 2014)

Address List Price # Beds # Baths Total SF Prop Type
4 TOUCHSTONE #123 $139,900 3 2.1 1351 CONDO
5063 FOOTHILLS DR #14 $184,900 2 2 1050 CONDO
6 PHEASANT RUN $339,900 3 2.1 1734 DETACHD
4690 LOWER DR $339,900 3 2.1 1596 DETACHD
4360 WESTBAY RD $520,000 4 3 2636 DETACHD
4401 ALBERT CIR $529,950 4 2.1 2620 DETACHD
17322 CEDAR RD $1,149,500 4 4.1 3370 DETACHD
2493 SOUTHSHORE BLVD $3,495,000 5 4.1 7112 DETACHD

PENDING SALES (Jan 6-12, 2014)

Address List Price # Beds # Baths Total SF Prop Type CDOM
88 OSWEGO SMT $99,999 1 1 764 CONDO 56
50 CERVANTES CIR #3-B $109,900 2 1.1 912 CONDO 10
16 CERVANTES CIR #6E $149,900 2 1.1 912 CONDO 43
13080 THOMA RD $395,000 3 2 2810 DETACHD 200
5616 GRAND OAKS DR $550,000 4 3 3096 DETACHD 54
2481 MARYLSHIRE LN $675,000 5 3.1 4154 DETACHD 175
17390 GRANDVIEW CT $989,999 4 4.2 4516 DETACHD 204
17375 RIDGEVIEW CT $998,500 4 3.1 4065 DETACHD 147
4601 UPPER DR $1,059,000 4 3.2 3943 DETACHD 2

SOLD (Jan 6-12, 2014)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
3808 BOTTICELLI ST $189,900 $182,000 3 2 1288 CONDO 71
3595 TEMPEST DR $424,900 $389,900 3 2 2126 DETACHD 53
4018 COHO LN $959,000 $900,000 4 4.1 5128 DETACHD 111

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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Tips & Tidbits

  • “On average, home owners have a median worth of nearly $200,000 while renters are essentially living paycheck to paycheck, with only $4,000 net worth on average. And renters as a share of households are growing their ranks having risen by 6 million from a decade ago.”  Lawrence Yun, Chief Economist of the National Association of Realtors (NAR)
  • “ Adults under 35 living at home = 30.3%.  Under 35 Ownership Rate = 36.7%”       NAR Research, December 2013
  •  Have you overspent during the holidays? If so, you’re not alone! I have a few tips for catching up, and getting those credit cards back in line….  And, if you implement these ideas, it’ll go a long way to keeping your credit score squeaky clean, and help you build funds for the home you’ve been wanting to buy!

Here are 5 Steps (I borrowed these ideas from KeyBank ; ) to help get you back on track:

“Balance your budget“. If you’re saying “duh”, then think about trimming some expenses using these tips:

1)  “Pack Your Own”. Yup. Bring your coffee from home instead of stopping for a latte. Bring your own lunch for awhile. You’ll be surprised at how much you’ll save!

2 “Cut What You Won’t Miss”. Trim things like the little extras in your cable package, work out at home instead of at the gym or at your local community center, scale back your mobile service if you rarely max out your minutes, cancel subscriptions and get your favorite magazine copies at the library instead.

3) “Embrace Used”. When shopping for things that depreciate quickly, like cars, try re-sale!  Even for things like clothing, exercise equipment, and even electronics, (I just bought a brand new elyptical machine on Craigslist for $100.!!!) it can be the best way to go.

4) “Find Free Entertainment”.  Besides books & magazines, libraries also offer movies that you can check out, as well as books, video games & newspapers. Most libraries also offer Internet acccess on their computers for your use. Local high schools, colleges, art centers, and community centers offer low-cost or free concerts & plays.

5) “Clip Coupons and Dig for Discounts”.  Let’s face it. The Recession made coupons cool! Look for deals at your favorite restaurants, your grocery store, drug store… the deals are there… use them!

 

 

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Market Activity ~ Dec. 16-22, 2013

Last week in Lake Oswego, 9 New properties entered the market, 13 moved to Pending status, and 10  “Closed”/Sold.

Here is the breakdown of activity according to RMLS:

NEW on MKT (Dec 16-22, 2013)

Address List Price # Beds # Baths Total SF Prop Type
4000 CARMAN DR #103 $125,000 1 1 818 CONDO
4000 CARMAN DR #106 $139,100 2 2 993 CONDO
4000 CARMAN DR #55 $149,999 2 2 866 CONDO
200 RIDGEWAY RD $175,000 2 1 988 CONDO
1120 BOCA RATAN DR $260,000 3 2 1611 ATTACHD
16056 REESE RD $319,000 3 2 1667 DETACHD
1491 KOAWOOD DR $489,900 4 3 2510 DETACHD
1110 HALLINAN CIR $575,000 4 3.1 3824 DETACHD
5184 WOODCREST LN Lot 1 $599,900 4 2.1 2935 DETACHD

PENDING SALES (Dec 16-22, 2013)

Address List Price # Beds # Baths Total SF Prop Type CDOM
3696 SPRING LN #3B $129,900 2 2 1117 CONDO 42
5523 ROYAL OAKS DR $200,000 2 3 1817 DETACHD 501
18 WHEATHERSTONE $295,900 3 2.1 1692 CONDO 138
250 FURNACE ST $389,000 2 1 899 DETACHD 68
16038 REESE RD $439,000 3 3 3154 DETACHD 2
17940 MEADOWLARK LN $459,000 5 3 2508 DETACHD 143
3435 Lake Grove AVE $595,000 4 3 2618 DETACHD 76
18064 JENIFERS WAY $639,950 5 3 2965 DETACHD
14144 KIMBERLY CIR $649,900 5 3.1 3824 DETACHD 7
13374 HIDDEN BAY CT $699,000 4 2.1 3520 DETACHD 98
72 NANSEN SUMMIT $1,100,000 4 3 4770 DETACHD 256
17323 BERGIS FARM DR $1,280,000 4 3.2 4297 DETACHD 194
112 NORTHSHORE CIR $1,500,000 4 3.1 3632 DETACHD 331

SOLD (Dec 16-22, 2013)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
86 KINGSGATE RD C204 $100,000 $103,100 2 2 938 CONDO 10
100 KERR PKWY #59 $112,000 $105,000 2 1.1 823 CONDO 5
3433 MCNARY PKWY #405 $156,900 $141,000 2 2.1 1208 CONDO 113
16250 PACIFIC HWY #64 $249,000 $240,000 2 2 1305 CONDO 69
3285 SW CHILDS RD $375,000 $285,000 4 3 2780 DETACHD 76
17736 CARDINAL CT $330,000 $355,000 4 2.1 2280 DETACHD 6
464 LIVINGOOD LN $450,000 $400,000 4 2.1 2584 DETACHD 129
208 NORTHSHORE RD $649,950 $620,000 5 3 2926 DETACHD 113
144 LEONARD ST $749,900 $665,000 4 3.1 3552 DETACHD 136
448 COUNTRY CLUB RD $1,299,000 $1,200,000 4 3.1 4873 DETACHD 328

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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News & Notes

Here is the latest data for you on the overall Portland area, as well as specific Lake Oswego/West Linn (RMLS lumps them together) activity:

So far this year the overall Portland area has seen 25,667 Accepted Offers, and 24,872 Closed Sales which is up 12.9% from 22,726 Accepted Offers (Pendings) and 15.4% from 21,546 Closed Sales in the same period last year. Though Closed Sales decreased from October 2013 by 16.8%, November had the most Closed Sales since 2006!

According to the RMLS Market Action Report for the Portland Metro Area  November, 2013:

  • At 1,821, November Closed Sales increased by 88 over November 2012, but are down from this October’s 2,189.
  • There were 1,976 New Listings in November. This was a decrease of 14% from this October, and an increase of 5.6% over November of 2012.
  • The Average Sale Price in November was $318,100, up $4,000 from $314,100 in October 2013.
  • November Pending Sales (accepted offers) dropped by 14% compard to this October, and  increased by 5.6% as compared to November 2012.

The combined areas of Lake Oswego and West Linn  for October reported:

    • 441 Active Listings
    • 103 New Listings
    • 83 Pending Sales
    • 97 Closed Sales
    • An average Sale Price of $498,200.
    • Average Time on the Market: 79 Days
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Market Activity ~ Dec 2-8, 2013

Last week in Lake Oswego, 7 New properties entered the market, 9 moved to Pending status, and 8  “Closed”/Sold.

Here is the breakdown of activity according to RMLS:

Address List Price # Beds # Baths Total SF Prop Type
12 PARTRIDGE LN $450,000 4 2.1 3309 DETACHD
3065 ROYCE WAY $475,000 4 2.1 2726 DETACHD
14353 TRILLIUM CT $625,000 4 2.1 3057 DETACHD
13555 FIELDING RD $749,900 5 3.1 3656 DETACHD
16525 MAPLE CIR $1,395,000 3 3.1 3443 DETACHD
1193 FAIRWAY RD $3,195,000 5 4.2 7028 DETACHD
15845 OSWEGO SHORE CT $3,350,000 4 4.2 5500 DETACHD

PENDING SALES (Dec 2-8, 2013)

Address List Price # Beds # Baths Total SF Prop Type CDOM
100 KERR PKWY #59 $112,000 2 1.1 823 CONDO 5
5164 LAKEVIEW BLVD $246,000 4 2 1120 DETACHD 32
3285 SW CHILDS RD $300,000 4 3 2780 DETACHD 76
133 KINGSGATE RD $349,349 3 2.1 1812 DETACHD 167
924 LAUREL ST $360,000 3 2 1965 DETACHD 62
1125 C AVE $425,000 3 1.1 2558 DETACHD 127
5522 ROYAL OAKS DR $598,950 4 2.1 2471 DETACHD 177
5152 LAKEVIEW BLVD $795,000 4 2.5 3414 DETACHD 0
448 COUNTRY CLUB RD $1,299,000 4 3.1 4873 DETACHD 328

SOLD (Dec 2-8, 2013)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
15938 QUARRY RD #4A $139,500 $135,000 2 1 991 CONDO 17
15 SUMMIT RIDGE CT $339,900 $320,000 2 2.1 1750 ATTACHD 26
643 2ND ST $425,000 $380,000 2 2 1457 ATTACHD 48
13008 ROGERS RD $499,000 $425,000 4 2.1 2448 DETACHD 152
4545 DOGWOOD DR $499,500 $475,000 3 2 2483 DETACHD 8
830 4TH ST $545,000 $523,500 3 2 1690 DETACHD 63
13601 TWIN CREEK LN $630,000 $605,000 4 2.1 3156 DETACHD 12
16671 Fir LN $845,000 $820,000 3 3.1 3129 DETACHD 467

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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LO Open Houses ~ Dec 8, 2013

Thee are 14 Homes being held Open today for your pleasure in Sunny Lake Oswego!

Enjoy : )

Here are the Open Houses according to RMLS:

Address L/Price # Beds # Baths Total SF Style Open
4418 THUNDER VISTA LN $229,000 3 2.1 2200 TOWNHSE 1-4PM
12894 BOONES FERRY RD $299,000 2 2.1 1136 TOWNHSE 1-3PM
3595 TEMPEST DR $389,900 3 2 2126 DETACHD 1-3PM
751 BRIERCLIFF LN $508,500 4 3 2534 DETACHD 1-3PM
5101 DAWN AVE $574,000 5 3 2700 DETACHD 1-3PM
2302 OVERLOOK DR $595,000 4 2.1 3125 DETACHD 1-4PM
1830 CLOVERLEAF RD $599,000 3 2.1 1857 DETACHD 3-4:30PM
19524 RIVER RUN DR $618,950 4 2.1 2630 DETACHD 12-3PM
14353 TRILLIUM CT $625,000 4 2.1 3057 DETACHD 2-4PM
18112 WESTMINSTER DR $750,000 5 4 4391 DETACHD 1-4PM
4540 SW LAMONT WAY $899,950 4 2.1 3555 DETACHD 1-3PM
17600 UPPER CHERRY LN $998,000 4 3.1 3900 DETACHD 1-3PM
17375 RIDGEVIEW CT $998,500 4 3.1 4065 DETACHD 1-4PM
112 NORTHSHORE CIR $1,500,000 4 3.1 3632 DETACHD 1-5PM
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Hmmmm… What to do? Remodel or Move???

hmmmOk, it’s the winter and you’re spending more time indoors. You may start to get that bug that niggles at you and asks “Should we remodel and stay here or should we move to a home that is more of what we want?”  Well, the answer will be different for each person who asks themselves this question, but there are a  few things you can also ask yourself to help you along the decision-making trail.

* Think about the details & variables: What’s the current condition of your property?  It’s important to get real about costs and time-frames. What might you end up with in terms of additional projects within projects as you move forward… i.e. would you need to do extensive re-wiring?  Is there knob & tube wiring in your older home now that would have to be addressed, or would the new electrical load require considerable upgrading? (Knob & tube should be addressed anyway, by the way, and can possibly adversely affect your insurance situation!) What are the additional costs you may not have thought of if you “add on” like foundational work/support requirements/plumbing/sewer lines etc?  Have you checked into local setback requirements? Do you live in a formal HOA neighborhood where the Association would want to dictate some of what they allow you to do? Etc

* Do you have a trusted contractor?  If not, you may want to consider doing some research beforehand to make sure that you connect with someone reputable & honest.  Yelp and Angie’s List can be helpful. Also, if you have a trusted Realtor, they can often give you some good leads on people you would likely be satisfied working with based on personal experience and feedback from clients. Dianne or I would be happy to help in that regard if you do NOT have a trusted Realtor to help you.

* What would your financing look like for the remodel or add-on?  Be realistic about your costs and stack that up against your financial picture if you chose to move to a newer home or rebuild.  The devil is in the details, as they say.  My first remodeling project “way back when” actually doubled  over expected cost.

* Have you talked to a mortgage broker about just what your payments would look like if you moved to a newer more suitable home?  (If you don’t have a trusted mortgage broker, give me a call… I can steer you to good people).  If you think you know what your payment would look like because you talked to someone last year or the year before, think again. A LOT has changed since then…regulation-wise, rate-wise, and timeline-wise in the mortgage industry. I always advise people to make decisions based on facts, and not on conjecture. A mortgage broker can take your current data, find out what your desired payment might be, and tell you how much house you can buy for your money. It truly is relatively painless : )  and THEN you are making decisions based on actual factual information.  Mortgage Brokers generally do not charge for doing this for you… it’s part of their job.

* Beware of ending up as the “Best House on the Block”. Why?  Well, consider that when it comes time to sell down the line, if you are the best house on the block, you will most likely not be able to receive the appraised value you would like to because your home is being “comped” with homes near you that are not nearly as nice.  Just sayin’.

* Lastly (we could talk about this for a long while, but I’ve gotta run! : )  check out this amazing site to find out what kind of return you might expect on various remodeling projects.  It’s called “Cost vs Value” and can really give you some great tips on whether it’s worth your while investing in certain kinds of remodeling. CLICK HERE

 

I hope this was helpful information. Remember that the answert to “what is right?” is different for each individual or family and varies baseed on each circumstance.

Best of luck to you!

Linda

 

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Market Activity ~ Nov 18-24, 2013

With Thanksgiving upons us, RMLS shows 10 New properties entering the market, 9 moving to Pending status, and 22 that “Closed”/Sold last week in Lake Oswego.

Here is the breakdown of activity according to RMLS:

NEW ON MKT (Nov 18-24, 2013):

Address List Price # Beds # Baths Total SF Prop Type
18600 INDIAN CREEK DR $279,900 3 2 1607 DETACHD
12894 BOONES FERRY RD $299,000 2 2.1 1136 CONDO
490 G AVE $399,900 4 2 2126 DETACHD
4109 WOLF BERRY CT $529,900 4 2.1 2661 DETACHD
2302 OVERLOOK DR $595,000 4 2.1 3125 DETACHD
16311 INVERURIE RD $599,900 4 2 2047 DETACHD
18064 JENIFERS WAY $639,950 5 3 2965 DETACHD
5502 KODERRA AVE $639,950 5 2.1 2633 DETACHD
18108 PILKINGTON RD $799,950 3 3.1 4129 DETACHD
49 BRIARWOOD RD $950,000 3 2 2412 DETACHD

PENDING SALES (Nov 18-24, 2013)

Address List Price # Beds # Baths Total SF Prop Type CDOM
6380 WASHINGTON CT $315,000 3 2 1720 DETACHD 86
4711 REMBRANDT LN $359,900 3 2.1 2050 DETACHD 65
1880 KILKENNY DR $400,000 4 3 2778 DETACHD 2
18272 WESTVIEW DR $459,000 4 3.2 3626 DETACHD 31
17129 KELOK RD $499,000 3 2 1996 DETACHD 42
5522 ROYAL OAKS DR $598,950 4 2.1 2471 DETACHD 160
3300 RIVER WOODS PL $749,000 3 2.1 3642 DETACHD 75
13562 PETERS RD $825,000 4 3 3106 DETACHD 123
4018 COHO LN $925,000 4 4.1 5128 DETACHD 111

SOLD (Nov 18-24, 2013)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
45 EAGLE CREST DR #409 $150,000 $145,750 2 2 1214 CONDO 60
143 OSWEGO SMT $146,000 $146,000 2 2 1212 CONDO 24
45 EAGLE CREST DR #508 $179,900 $175,000 2 2 1046 CONDO 29
220 CERVANTES #C $185,000 $178,000 2 2 1378 CONDO 12
1484 BOCA RATAN DR $229,900 $187,000 3 1.1 1403 ATTACHD 115
18717 PILKINGTON RD $240,000 $191,000 3 1 1240 DETACHD 88
17500 PILKINGTON RD $225,000 $204,900 3 1 1050 DETACHD 119
4281 COBB WAY $349,900 $349,900 3 2 1626 DETACHD 3
5103 MADRONA ST $349,900 $360,000 2 2 1329 DETACHD 29
1023 LUND ST $429,000 $375,000 4 2.1 2313 DETACHD 99
1528 CEDAR ST $449,900 $390,000 3 2 2080 DETACHD 33
8 BERNINI CT $449,000 $410,000 3 2 1465 DETACHD 95
45 TANGLEWOOD DR $433,900 $433,900 5 3.1 3166 DETACHD 4
16838 WIGHT LN $469,500 $460,000 4 2.1 2364 DETACHD 85
1941 GREEN ACRES LN $525,000 $498,800 4 2.1 2449 DETACHD 227
4121 HEDGE NETTLE CT $552,500 $500,000 3 2.1 2307 DETACHD 244
17973 SAINT CLAIR DR $565,000 $523,500 4 3 3323 DETACHD 27
5353 FIRWOOD RD $579,500 $550,000 3 2 2292 DETACHD 25
5900 SUNCREEK DR $699,900 $695,900 4 2.1 3736 DETACHD 106
5728 BAY CREEK DR $789,000 $700,000 5 2.1 3567 DETACHD 133
13052 KNAUS RD $789,000 $725,000 4 3 3026 DETACHD 36
15411 VILLAGE DR $899,900 $865,000 4 3.1 3809 DETACHD 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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Open Houses ~ 11/23/13

Get out there and enjoy the sunshine Sunday!

Here are the 11 homes being held Open for your enjoyment according to RMLS:

Address L/Price # Beds # Bath Total SF Style Time
1602 GREENTREE RD $399,950 4 2 1708 DETACHD 1-4PM
915 BULLOCK ST $450,000 4 3 2986 DETACHD 1-3PM
3435 Lake Grove AVE $595,000 4 3 2618 DETACHD 1-3PM
5831 SUNCREEK DR $619,900 4 2.1 2865 DETACHD 1-3PM
2814 VALE CT $629,000 4 3 3192 DETACHD 1-3:30PM
421 MIDDLECREST RD $645,000 3 2.1 2383 DETACHD 1-3PM
4540 SW LAMONT WAY $899,950 4 2.1 3555 DETACHD 1-3PM
18325 RIVER EDGE LN $919,000 3 3.1 4115 DETACHD 1-3PM
17600 UPPER CHERRY LN $998,000 4 3.1 3900 DETACHD 1-3PM
67 NANSEN SMT $1,050,000 6 4 4992 DETACHD 1-3PM
112 NORTHSHORE CIR $1,500,000 4 3.1 3632 DETACHD 1-5PM
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News & Notes

Here is the latest data for you on the overall Portland area, as well as specific Lake Oswego/West Linn (RMLS lumps them together) activity:

It’s still Fall in Lake Oswego & the Portland area (though it is starting to feel more like Winter : ) and that means we see a continued seasonal slowing in real estate activity (you all know this ; ), but there are still steady sales going on. So far this year the overall Portland area has seen 23,955 Accepted Offers. We’ve also had a whopping 22,909 Closed Sales so far which is up 16.2% compared to last year at this same time. October had the most Closed Sales since 2006! Yes, things are looking up, up, up!

According to the RMLS Market Action Report for the Portland Metro Area  October, 2013:

  • At 2,189, October Closed Sales increased 1.4% over September , and 4.1% over October 2012.
  • There were 2,535 New Listings in October. This was a decrease of 13.3% from September, and an increase of 5% over October of 2012.
  • The Average Sale Price in October was $314,100, down from $317,300 in September.
  • October Pending Sales (accepted offers) dropped by 4.2% compard to September, and decreased by 2.4% as compared to October 2012.

The combined areas of Lake Oswego and West Linn  for October reported:

    • 489 Active Listings
    • 137 New Listings
    • 132 Pending Sales
    • 117 Closed Sales
    • An average Sale Price of $438,400.
    • Average Time on the Market: 79 Days