News & Notes

 

Streetcar – The Lake Oswego to Portland Transit Project’s steering committee is recommending proceeding with this project.  The City Council is considering their recommendation at their hearing on April 19th in council chambers.  Citizens are encouraged to provide written input prior to the meeting.  The meeting will be televised at TVCTV at 6 p.m. on Channel 23.

Art in Lake Oswego –  Lake Oswego is soliciting participants for its First Art Market to be held at Millenium Park Plaza on June 16, 23 & 30 from 4-8PM. Applications can be filled out here.

Services & Amenities – Lake Oswego has so much to offer…  culture, arts, historical resources, quality schools, vibrant business districts and activities galore.  To find out more about the new Services & Activities Guide click here.

Luscher Farm Updates – Attend a meeting April 21st designed to inform about three site plan alternatives for the Luscher Farm Master Plan.  The event is an open format.  Stop in and look over alternatives for this valued park, farm and natural area…. and give your input!  Click here to learn more.

 

 

Market Activity for April 4-10, 2011

Last week Lake Oswego had 23 new listings come onto the market, 14 properties enter into pending status, and 10 closed sales. When Linda and I do these reports, we check the property history to make sure the listing is in fact new (hasn’t been on the market in the last 30 days). What I found interesting this week is that of the 23 new listings, easily a third were in the market last fall, pulled off for the winter, and are now being relisted to participate in the spring market.

See below for further details according to RMLS:

NEWLY LISTED (April 4-10, 2011)

Address Type Price Sq FT BR Baths
4640 Lower Dr Condo $139,900 1170 2 1.5
750 1st St #32 Condo $152,000 985 1 1
1115 Laurel St Detached $299,900 1928 4 2
6317 Alyssa Terrace Attached $299,900 1560 3 2.5
3305 Upper Dr Detached $324,900 1484 3 2
12 Hotspur St Detached $325,000 1876 3 2
2745 Greentree Rd Detached $325,000 1219 2 2
335 Lake Bay Ct Detached $337,000 968 3 1
16266 Inverurie Rd Detached $339,900 2503 3 2
4908 Mulholland Dr Attached $399,900 2498 3 2.5
3601 Wren St Detached $425,000 2220 3 2.5
5008 Hampton Ct Detached $448,000 2446 3 2.5
8 Morningview Circle Detached $474,500 2206 3 2.5
962 Country Commons Ln Detached $499,000 1832 3 2
3815 Southshore Blvd Detached $548,000 2638 4 2
2063 Ridgewood Rd Detached $564,500 2532 4 2.5
13161 Twin Creek Ct Detached $574,900 3083 4 2.5
3240 Westview Ct Detached $575,000 3092 4 3.5
8 Del Prado St Detached $585,000 3637 5 3
5115 Denton Dr Detached $719,000 3069 3 2.5
629 Iron Mountain Blvd. Detached $745,000 1988 3 2
4169 Casey Ct Detached $749,000 3770 4 3.5
1956 Cheryl Ct Detached $1,295,000 5173 4 4.5+.5

PENDING SALES (April 4-10, 2011)

Address Type Price Sq Ft BR Baths CDOM
16250 Pacific Hwy #81 Condo $84,000 841 1 1 111
53 Oriole Ln Detached $250,000 2072 3 2.5 179
18462 Don Lee Way Detached $299,500 1904 4 2 17
3165 Douglas Circle Detached $325,000 1764 2 1 3
14251 Camden Ln Detached $349,000 2179 3 2.5 276
1851 Kilkenny Dr Detached $349,900 2654 4 3 182
12562 Orchard Hill Rd Detached $354,900 2574 4 2.5 133
775 Boca Ratan Dr Detached $414,900 2727 4 3.5 162
785 5th St Detached $445,000 2112 3 2 55
3718 Rivers Edge Dr Detached $529,900 2536 3 2.5 40
3435 Lake Grove Ave Detached $549,000 2751 4 3 3
13090 Knaus Rd Detached $749,900 3504 4 3.5 52
1600 Country Commons Detached $1,195,000 5389 4 3.5 266
882 North Shore Rd Detached $1,850,000 3842 4 4.5 6

SOLD (April 4-10, 2011)

Address Orig. Price Sold Price Type Sq Ft CDOM
79 Galen St $69,900 $70,000 Condo 995 208
48 Eagle Crest Dr 4E $208,000 $125,000 Condo 1489 723
19211 Marlin Ct $258,500 $258,500 Detached 2091 9
18 Summit Ridge Ct $299,000 $260,000 Attached 1548 321
14418 Orchard Springs $358,900 $345,000 Detached 1710 13
29 Walking Woods Dr $410,000 $404,000 Detached 2311 8
2705 Orchard Hill Ln $499,350 $405,000 Detached 2841 408
13991 Chelsea Dr $544,500 $529,999 Detached 3354 294
553 2nd St #208 $774,960 $620,000 Condo 1816 786
4700 SW Dogwood Dr $1,499,900 $1,225,000 Detached 5401 322

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

Open Houses for April 10, 2011

There are 29 scheduled open houses for Lake Oswego tomorrow. Enjoy!

Address Type Price BR Baths Open
6927 Montauk Circle Attached $129,000 2 1 1 to 3
4316 Botticelli Attached $209,000 2 2.5 2 to 4
17401 Hill Way Detached $249,900 3 2 11:30 to 1:30
8 Condolea Dr Attached $259,900 2 2 1 to 3
19420 Marlin Ave Detached $264,795 3 1 1 to 3
3305 Upper Dr Detached $324,900 3 2 11 to 1
1766 Fern Pl Detached $365,000 3 2 1 to 3
1830 Cloverleaf Rd Detached $367,000 5 2 12:30 to 2
1820 Kilkenny Dr Detached $379,000 4 3 12 to 4
1416 Cherry Crest Dr Detached $419,900 4 3 1 to 3
2360 Greentree Rd Detached $429,000 3 2.5 2 to 5
19443 Kokanee Ct Detached $474,700 4 2.5 12 to 4
12 Scarborough Dr Detached $479,900 4 2.5 1:30 to 4
7 Del Prado St Detached $479,900 4 3 10 to 4
1119 Oak St Detached $499,500 4 2.5 2 to 4
19319 SW Dogwood Ct Detached $499,900 4 2.5 10 to 5
19200 Megly Ct Detached $569,900 6 3 10 to 5
9 Abelard St Detached $599,000 5 3.5 1 to 3
1217 Tyndall Ct Detached $599,000 4 4 2 to 4
173 Furnace St Attached $619,900 2 2.5 1 to 3
17896 Kelok Rd Detached $668,000 5 5.5 2 to 4
17884 Kelok Rd Detached $668,000 5 3.5 2 to 4
5533 Fieldstone Ct Detached $668,950 4 2.5 1:30 to 4
5321 Amberwood Ct Detached $669,900 4 3 1 to 3
5320 Southwood Dr Detached $695,000 4 3 1 to 3
15622 Fieldstone Dr Detached $698,950 3 2.5 1:30 to 4
5115 Denton Dr Detached $719,000 3 2.5 12 to 3
18222 Siena Dr Detached $1,189,000 4 3.5 1 to 3
2572 Glen Eagles Pl Detached $1,895,000 5 4.5+.5 1 to 3

Market Activity Report ~ March 28 – April 3, 2011

Last Week Lake Oswego saw 19 New properties enter the market, 14 move to Pending status, and 13 Closed sales.

See below for further details according to RMLS:

NEWLY LISTED (March 28-Apr 3, 2011)

Address List Price # Beds # Baths Total SF Prop Type
3930 LAKE GROVE AVE 4A $109,000 2 1 952 CONDO
16250 PACIFIC HWY 71 $129,900 2 2 1305 CONDO
57 GREENRIDGE CT $199,900 2 2 1314 ATTACHD
4316 BOTTICELLI ST $209,000 2 2.1 2098 CONDO
12828 SW BOONES FERRY RD $224,500 2 2.1 1136 ATTACHD
5432 KENNY ST $230,000 3 1 1352 DETACHD
1740 KILKENNY DR $299,950 4 2.1 2000 DETACHD
1851 KILKENNY DR $349,900 4 3 2654 DETACHD
1766 FERN PL $365,000 3 2 1937 DETACHD
7 DEL PRADO ST $479,900 4 3 2232 DETACHD
40 CONDOLEA CT Main $485,000 3 3 2958 CONDO
4080 COLTSFOOT LN $515,000 3 2.1 2884 DETACHD
3435 LAKE GROVE AVE $549,000 4 3 2751 DETACHD
16491 CHAPIN WAY $879,000 4 3 3648 DETACHD
11 HILLSHIRE DR $939,000 5 4.1 5163 DETACHD
17301 BERGIS FARM DR $1,060,000 4 3.1 4737 DETACHD
2133 HAZEL RD $1,175,000 5 3.1 4099 DETACHD
14001 GOODALL RD $1,329,000 4 3.1 5397 DETACHD
882 North Shore RD $1,850,000 4 4.1 3842 DETACHD

PENDING SALES (March 28- Apr 3, 2011)

Address List Price # Beds # Baths Total SF Prop Type CDOM
47 EAGLE CREST DR 41 $69,900 2 1 932 CONDO 36
16200 PACIFIC HWY Main $160,000 2 2 1190 CONDO 11
45 EAGLE CREST DR 308 $169,000 2 2 1124 CONDO 49
16200 PACIFIC HWY 17 $195,000 2 2 1200 CONDO 626
16725 CARNEGIE AVE $244,900 3 2 2022 DETACHD 298
151 KINGSGATE RD $250,000 3 2 1585 DETACHD 61
1 HIDALGO ST $349,900 2 2.1 2489 DETACHD 235
720 TIMBERLINE DR $359,900 3 2.1 1906 DETACHD 15
14402 ORCHARD SPRINGS RD $359,900 5 3 2175 DETACHD 45
2310 STONEHURST CT $559,000 4 2.1 3365 DETACHD 38
5836 SUNCREEK DR $575,000 4 2 2500 DETACHD 151
721 7TH ST $929,000 4 3.1 4228 DETACHD 75
4011 WESTBAY RD $950,000 5 3.1 4518 DETACHD 365

SOLD (March 28- Apr 3, 2011)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
100 KERR PKWY 16 $80,325 $73,000 2 1.1 823 CONDO 51
668 MCVEY AVE 81 $129,900 $77,700 2 1.1 992 CONDO 146
18263 BENFIELD AVE $209,900 $175,000 3 1 912 DETACHD 48
4281 CHAPMAN WAY $301,907 $285,000 3 2.1 2010 DETACHD 81
18591 WAXWING WAY $324,900 $312,000 3 2.1 2145 DETACHD 303
57 CONDOLEA TER $379,900 $370,000 2 2.1 2172 CONDO 48
13364 AUBURN CT $450,000 $405,000 3 2.1 2451 ATTACHD 296
6 MORNINGVIEW LN $659,000 $489,600 4 3 3998 DETACHD 262
13644 TWIN CREEK LN $549,900 $520,000 4 2.1 2758 DETACHD 209
16219 WHITE OAKS DR $549,000 $525,000 4 2.1 2862 DETACHD 18
19019 BRYANT RD $625,000 $630,000 4 3.1 3326 DETACHD 130

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

Open Houses ~ Sunday, April 3, 2011

Happy Springtime in Lake Oswego! There are 42 homes being held Open according to RMLS. I know that there are a selection of homes in the Hallinan area that are involved in a “Cooperative Open” because my listing at 979 Devon Lane is one of them! (This beautiful property w/Mt Hood & valley views just reduced by $25,000!). We’ll have information on the other homes involved, so come see one & then see all of us! There is also a beautiful “find” at 1851 Kilkenny Drive nearby being held Open that you may want to check out; gorgeous lot & view, tons of updates, and stellar location! (as in: “value” : )

Of those Open, there are 8 properties between $100,000 & $300,000., 14 between $300,000 & $500,000., 16 between $500,000 & $1,000,000., and 4 over a million.
Here you go… Enjoy!

Address L/Price # Beds # Baths Total SF Style Open
6927 MONTAUK CIR $129,000 2 1 968 CONDO 1-3PM
1400 BONNIEBRAE DR $169,500 2 1 864 TOWNHSE 1-3PM
5061 FOOTHILLS DR G $180,000 2 2 991 CONDO 2-4PM
48 EAGLE CREST DR 5F $195,000 2 2 1370 CONDO 1-3PM
16250 PACIFIC HWY 61 $209,000 2 2 1305 CONDO 2-4PM
53 ORIOLE LN $250,000 3 2.1 2072 DETACHD 1-3PM
7 BRITTEN CT $280,000 4 2 2046 TOWNHSE 1-3PM
19250 MAREE CT $299,000 3 2.1 1519 DETACHD 1-3PM
14251 CAMDEN LN $349,000 3 2.1 2179 DETACHD 12-3PM
1851 KILKENNY DR $349,900 4 3 2654 DETACHD 11AM-1PM
1053 HALLINAN ST $349,900 3 2.1 1944 DETACHD 1-3PM
1621 LARCH ST $364,900 3 2.1 3040 DETACHD 1-3PM
1830 CLOVERLEAF RD $367,000 5 2 1795 DETACHD 12:30-2PM
775 BOCA RATAN DR $414,900 4 3.1 2727 DETACHD 11:30AM-1:30PM
960 LAKE FOREST DR $419,900 3 2 2838 DETACHD 1-4PM
979 DEVON LN $425,000 3 3.1 2162 DETACHD 1-4PM
2360 Greentree RD $429,000 3 2.1 2207 DETACHD 2-5PM
17790 WESTVIEW DR $459,900 4 3 3361 DETACHD 1-3PM
19487 SW DOGWOOD CT $469,900 4 3 3105 DETACHD 10AM-5PM
19443 KOKANEE CT $474,700 4 2.1 2807 DETACHD 12-4PM
19319 SW DOGWOOD CT $499,900 4 2.1 3105 DETACHD 10AM-5PM
14674 RAINBOW DR $499,950 4 3 3108 DETACHD 12-3PM
3718 RIVERS EDGE DR $529,900 3 2.1 2536 DETACHD 1-3PM
19285 MEGLY CT $539,900 5 3 3275 DETACHD 10AM-5PM
3 BOLIVAR ST $569,900 5 2.1 4780 DETACHD 1-4PM
19200 MEGLY CT $569,900 6 3 3490 DETACHD 10AM-5PM
1217 TYNDALL CT $599,000 4 4 5181 DETACHD 2-4PM
5511 FIELDSTONE CT $658,950 4 2.1 3037 DETACHD 1-3PM
15566 VILLAGE PARK CT $659,900 5 3.1 4692 DETACHD 1-3PM
17884 KELOK RD $668,000 5 3.1 4124 DETACHD 2:15-4PM
17896 KELOK RD $668,000 5 5.1 4323 DETACHD 2:15-4PM
5533 FIELDSTONE CT $668,950 4 2.1 3115 DETACHD 1-3PM
5321 AMBERWOOD CT $669,900 4 3 3315 DETACHD 2-4PM
15622 FIELDSTONE DR $698,950 3 2.1 3113 DETACHD 1-3PM
5320 SOUTHWOOD DR $728,000 4 3 3646 DETACHD 1-3PM
18020 SKYLAND CIR $895,000 4 3.1 3210 DETACHD 1:30-3:30PM
18209 SIENA DR $994,000 5 3.1 3839 DETACHD 1-3PM
215 CHANDLER PL $995,000 3 2.1 3118 DETACHD 1-4PM
18222 SIENA DR $1,189,000 4 3.1 3998 DETACHD 1-3PM
18024 SKYLAND CIR $1,595,000 4 3.2 4131 DETACHD 12-3PM
1300 SKYLAND DR $1,750,000 4 4.2 6311 DETACHD 1-3PM
2572 GLEN EAGLES PL $1,895,000 5 4.2 6490 DETACHD 1-3PM

Spring is Poetry

Spring makes poets of all of us!  I thought you might enjoy some of the poetry I was able to find from the lofty among us… as well as the rest!   ~ Happy Spring ~

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Here’s a classic from Rumi:

 

 

 

 

 

The Music We Are

Did you hear that winter’s over? The basil
and the carnations cannot control their

laughter. The nightingale, back from his
wandering, has been made singing master

over the birds. The trees reach out their
congratulations. The soul goes dancing

through the king’s doorway. Anemones blush
because they have seen the rose naked.

Spring, the only fair judge, walks in the
courtroom, and several December thieves steal

away, Last year’s miracles will soon be
forgotten. New creatures whirl in from non-

existence, galaxies scattered around their
feet. Have you met them? Do you hear the

bud of Jesus crooning in the cradle? A single
narcissus flower has been appointed Inspector

of Kingdoms. A feast is set. Listen: the
wind is pouring wine! Love used to hide

inside images: no more! The orchard hangs
out its lanterns. The dead come stumbling by

in shrouds. Nothing can stay bound or be
imprisoned. You say, “End this poem here,

and wait for what’s next.” I will. Poems
are rough notations for the music we are.

 

Market Activity Report: 3/21-3/27

New listings were way down last week with just 12: probably due to Spring Break. Pending sales were strong at 16, and closed sales were also solid at 14. It’s nice to see more pendings and solds than new listings. Must be the sweet smell of spring.

See below for further details according to RMLS:

NEWLY LISTED (Mar 21-27, 2011)

Address Type Price Sq FT BR Baths
45 Eagle Crest Dr #520 Condo $135,000 768 1 1
5322 Charleton Ct Detached $274,900 1633 3 2.5
7 Britten Ct Attached $280,000 2046 4 2
5978 Fernbrook Circle Detached $309,000 1612 3 2.5
1820 Kilkenny Dr Detached $379,000 3040 4 3
2360 Greentree Rd Detached $429,000 2207 3 2.5
17360 Hunter Ct Detached $478,500 3322 4 2.5
1454 Glenmorrie Dr Detached $505,000 3372 3 2.5
557 2nd St Condo $625,000 1833 2 2.5
1700 Village Park Ln Detached $769,900 4945 4 4
12439 SW 22nd Ave Detached $849,900 4118 4 3.5
340 Ridgeway Rd Detached $1,495,000 3796 4 3

PENDING SALES (Mar 21-27, 2011)

Address Type Price Sq Ft BR Baths CDOM
79 Galen St Condo $69,900 995 2 2 208
668 McVey Ave #82 Condo $109,250 992 2 1.5 46
54 Galen St Condo $119,485 995 2 2 346
5064 Foothills Dr H Condo $209,900 1252 3 2 14
10 Polonius St Detached $264,900 2028 4 3 3
1571 Woodland Terr. Detached $299,900 2400 3 2 106
44 Da Vinci St Detached $339,900 2005 4 2 14
151 Del Prado St Detached $399,000 2447 4 2.5 191
18929 Indian Springs Rd Detached $410,000 3380 4 3 51
6 Churchill Downs Detached $439,950 2922 5 3.5 320
920 Evergreen Rd Detached $475,000 1622 2 2 413
17645 Oak Meadow Ln Detached $510,000 3510 4 2.5 392
5 Cellini Ct Detached $649,900 4895 5 3.5 300
691 Carrera Ln Detached $699,000 3704 5 3.5 255
17833 Marylcreek Dr Detached $749,000 5495 5 4.5 45
18260 River Edge Ct Detached $789,000 4711 4 3.5 160

SOLD (Mar 21-27, 2011)

Address Orig. Price Sold Price Type Sq Ft CDOM
4631 Lakeview Blvd $93,000 $51,000 Condo 753 177
49 Oswego Summit $75,000 $67,500 Condo 720 127
18021 Tualata Ave Auction $176,400 Detached 1410 338
575 Hemlock St $289,000 $285,000 Detached 1175 289
5204 Rosewood St $344,900 $337,000 Detached 1683 11
30 Wilbur St $412,900 $355,000 Detached 2664 79
326 Lake Bay Ct $439,500 $390,000 Detached 1400 159
13595 Knaus Rd $489,000 $469,000 Detached 3339 226
547 2nd St #202 $559,000 $535,000 Condo 1529 388
2607 Palisades Crest Dr $760,000 $750,000 Detached 5650 244
1309 Horseshoe Curve $849,000 $800,000 Detached 3087 58
585 2nd St #404 $999,000 $835,000 Detached 2147 396
744 9th St $1,075,000 $950,000 Detached 4255 465
13795 Cameo Ct $1,400,000 $1,100,000 Detached 7190 706

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

Market Activity Report March 14-20, 2011

Last Week Lake Oswego saw 15 New properties enter the market, 14 move to Pending status, and 10 Closed sales.

See below for further details according to RMLS:

NEWLY LISTED (Mar 14-20, 2011)

Address List Price # Beds # Baths Total SF Prop Type
6927 MONTAUK CIR $129,000 2 1 968 CONDO
218 CERVANTES $159,000 2 1.1 1320 CONDO
45 EAGLE CREST DR 508 $189,000 2 2 1046 CONDO
18462 DON LEE WAY $299,500 4 2 1904 DETACHD
720 TIMBERLINE DR $359,900 3 2.1 1906 DETACHD
17017 CANAL CIR $375,000 4 2.1 2665 DETACHD
7 PARTRIDGE LN $415,000 3 3 2472 DETACHD
15434 PARTRIDGE DR $422,000 4 2.1 2334 DETACHD
4 NANSEN SMT $545,000 4 2.1 3255 DETACHD
13554 ROGERS RD $609,000 4 2.1 2922 DETACHD
17170 WALL ST $719,900 4 3.1 3446 DETACHD
467 9th ST $750,000 3 2.1 2800 DETACHD
18020 SKYLAND CIR $895,000 4 3.1 3210 DETACHD
18122 MEADOWLARK LN $927,000 3 2.1 2898 DETACHD
1870 CREST DR $1,450,000 4 3.1 4598 DETACHD

PENDING SALES (Mar 14- 20, 2011)

Address List Price # Beds # Baths Total SF Prop Type CDOM
115 OSWEGO SMT $130,000 2 2 1212 CONDO 69
4948 MEADOWS RD $199,900 3 2 2491 DETACHD 214
12847 SW 61ST AVE $272,000 3 2 1635 DETACHD 292
928 LAKE FRONT RD $285,000 4 3 2300 DETACHD 127
14480 CAMDEN LN $313,960 3 2.1 1944 DETACHD 230
5866 RIDGETOP CT $385,000 3 2 1866 DETACHD 25
1692 FIRCREST CT $450,000 4 2.1 2569 DETACHD 0
19263 MEGLY CT $544,900 5 3 3213 DETACHD 174
17754 TREETOP LN $550,000 5 3.1 3668 DETACHD 7
5088 Woodcrest LN $599,900 4 2.1 3063 DETACHD
2757 LAKEVIEW BLVD $725,000 4 3 3321 DETACHD 540
16686 MAPLE CIR $819,000 4 3.2 3311 DETACHD 70
3178 DOUGLAS CIR $819,900 5 4.1 5256 DETACHD 89
100 GARIBALDI ST $875,000 5 3.2 4572 DETACHD 50

SOLD (Mar 14-20, 2011)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
4000 CARMAN DR 46 $99,900 $107,000 2 2 999 CONDO 14
16250 PACIFIC HWY 77 $169,000 $113,450 2 2 1327 CONDO 1208
3952 CARMAN DR $149,800 $149,800 2 2.1 1146 ATTACHD 225
18148 BELMORE AVE $245,000 $245,000 3 1 1008 DETACHD 7
4703 CAMBRIDGE CT $412,000 $395,000 3 2.1 2914 ATTACHD 438
1862 KILKENNY DR $424,900 $400,000 3 2.1 2500 DETACHD 762
17802 HILLSIDE WAY $449,800 $400,000 4 2.1 2965 DETACHD 351
19245 SW MEGLY CT $584,900 $539,000 5 3 3490 DETACHD 246
5157 DENTON DR $719,900 $633,000 4 2.1 3087 DETACHD 174
735 TERRACE DR $1,300,000 $1,200,000 3 2.1 3090 DETACHD 221

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

Lake Oswego Open Houses ~ Sunday, March 30, 2011

There are 25 homes being held Open on Sunday according to RMLS.  The cherry trees are starting to bloom, and spring is ever so close.  Get out and breathe some of that gorgeous air of promise, and see if one of these beauties is “the one” for you!

Here you go:

Address L/Price # Beds # Baths Total SF Prop Type Open
221 CERVANTES $129,000 2 1.1 1180 TOWNHSE 2-4PM
218 CERVANTES $159,000 2 1.1 1320 TOWNHSE 2-4PM
5061 FOOTHILLS DR G $180,000 2 2 991 CONDO 2-4PM
53 ORIOLE LN $250,000 3 2.1 2072 DETACHD 1-3PM
19420 MARLIN AVE $264,800 3 1 1166 DETACHD 12-4PM
15245 BOONES WAY $289,900 3 2.1 1600 TOWNHSE 1:30-3:30PM
19250 MAREE CT $299,000 3 2.1 1519 DETACHD 1-3PM
14251 CAMDEN LN $349,000 3 2.1 2179 DETACHD 1-4PM
1970 GREENTREE RD $399,900 4 3 2428 DETACHD 1-4PM
1416 CHERRY CREST DR $419,900 4 3 2792 DETACHD 1-4PM
775 BOCA RATAN DR $424,500 4 3.1 2727 DETACHD 1-3PM
785 5TH ST $445,000 3 2 2112 DETACHD 1-4PM
17790 WESTVIEW DR $459,900 4 3 3361 DETACHD 11:30-1:30PM
6 WESTRIDGE DR $484,500 4 2.1 3169 DETACHD 1-4PM
4927 HASTINGS DR $532,000 4 2.1 2418 DETACHD 2-4PM
1217 TYNDALL CT $599,000 4 4 5181 DETACHD 2-4PM
3 BOLIVAR ST $599,900 5 2.1 4780 DETACHD 1-3PM
1100 UPPER DEVON LN $649,900 4 3.1 3672 DETACHD 12-3PM
5511 FIELDSTONE CT $658,950 4 2.1 3037 DETACHD 11:30-1:30PM
5533 FIELDSTONE CT $668,950 4 2.1 3115 DETACHD 11:30-1:30PM
5321 AMBERWOOD CT $669,900 4 3 3315 DETACHD 1-3PM
15622 FIELDSTONE DR $698,950 3 2.1 3113 DETACHD 11:30-1:30PM
2351 PALISADES CREST DR $849,000 5 2.1 4498 DETACHD 12-3PM
18209 SIENA DR $994,000 5 3.1 3839 DETACHD 1-3PM
18222 SIENA DR $1,189,000 4 3.1 3998 DETACHD 1-3PM

News & Notes

This Time of Year: Winter is widely viewed as a great time to buy a home. Sellers typically perceive demand at this time of year to be slow, and therefore Buyers can secure deals that may not be available during other times of the year. I spoke with the owner of a local moving company today, and she was breathless. She told me that they are so busy right now they are having a hard time keeping up…. What she is seeing in her business is an uptick in home purchases… and no wonder! Low interest rates/low prices/a few years of pent-up demand… tis the season!

If you want to take advantage of the annual winter-slowdown as a Buyer, here are some things you will want to do:

– Secure the cash for your down-payment.
– Check your credit score and correct any mistakes.
-Get to know your chosen neighborhood; have your Realtor assemble data on recent sales… in short, be prepared with the facts.
– Walk or drive around your chosen neighborhood. Talk to residents if possible…. Get an idea of what it’s like to live there.
– Be prepared to negotiate. While you can expect to secure a great deal in this market and season, listen to your Realtor regarding how far to go & not go… you want the home you fall in love with, and stepping over a certain line could alienate you from it’s current owners.

While rates are at near-historic lows, they are expected to rise. According to Pat Goodell and Academy Mortgage, rates are expected to rise before prices bottom… and rates affect your financial picture more than price. Here is a scenario that should interest you:

Say a couple wants a P & I mortgage payment today of approximately $1025. At 4.5% they could get a $202,000 loan today.

Here is what that same payment will get them at higher interest rates:

4.5% $202,000
7.5% $146,500
9.5% $102,000
12.5% $ 96,000

So… the point is that a 3% increase in rates can reduce our subject couple’s purchasing power by 25%.

I hope this information has been helpful.
As always, please feel free to call or email with questions, or to ask for help.
Happy house-hunting!

Very Best,
Linda