by Mark Miller, Lake Oswego, Oregon Realtor®
Lake Oswego - West Linn Market Area
From RMLS published data
For the Month of November
Active Listings: 886
New Listings: 191
Pending Sales: 75
Pending Sales 2007 vs. 2006: -22.7%
Closed Sales: 101
Average Sales Price: $592,900
Year to Date
Closed Sales: 1346
Average Sales Price: $562,200
Average Appreciation: 5.1%*
*comparing the last 12 months (12/1/06 - 11/30/07) with the 12 months before (12/1/05 - 11/30/06)
by Mark Miller, Lake Oswego, Oregon Realtor®
This list of emergency supplies relates to my last post about preparing your home for winter.
by Mark Miller, Lake Oswego, Oregon Realtor®
Lake Oswego - West Linn Market Area
From RMLS published data
For the Month of October
Active Listings: 940
New Listings: 237
Pending Sales: 101
Pending Sales 2007 vs. 2006: -24.6%
Closed Sales: 98
Average Sales Price: $595,300
Year to Date
Closed Sales: 1240
Average Sales Price: $560,400
Average Appreciation: 3.8%*
*comparing the last 12 months (11/1/06 - 10/31/07) with the 12 months before (11/1/05 - 10/31/06)
November 23rd - 5pm - 8pm
Holiday Tree Lighting Downtown Lake Oswego
Lighting of of the giant Sequoia tree near Safeway on A Street and lights at Millennium Plaza Park
December 1st and 2nd - 9am -5pm
Holiday Market
West End Building, 4101 Kruse Way
December 1st and the 7th to the 20th
Christmas Ship Parade on Willamette River
Viewing at Foothills Park Saturday December 8th at 6pm
by Mark Miller, Lake Oswego, Oregon Realtor®
Lake Oswego - West Linn Market Area
From RMLS published data
For the Month of September
Active Listings: 1009
New Listings: 253
Pending Sales: 113
Pending Sales 2007 vs. 2006: -19.9%
Closed Sales: 81
Average Sales Price: $547,700
Year to Date
Closed Sales: 1140
Average Sales Price: $557,300
Average Appreciation: 3.7%*
*comparing the last 12 months (10/1/06 - 9/30/07) with the 12 months before (10/1/05 - 9/30/06)
You can register your home or cell phone number with the National Do Not Call Registry.
Right now each registration only lasts for 5 years.
To verify that your phone number is registered and to check when it is scheduled to expire, click here to visit the Federal Trade Commission’s “Verify A Registration” service.
This year's Lake Oswego Farmer's Market is coming to an end on Saturday October 13th.
West Linn's Farmer's and Artist's Market has already closed for the season.
Check out the Oregon Harvest Schedule to see when fruits and vegetables are in season in Oregon.
by Mark Miller, Lake Oswego, Oregon Realtor®
Lake Oswego - West Linn Market Area
From RMLS published data
For the Month of August
Active Listings: 1037
New Listings: 326
Pending Sales: 103
Pending Sales 2007 vs. 2006: -34.4%
Closed Sales: 128
Average Sales Price: $559,100
Year to Date
Closed Sales: 1048
Average Sales Price: $559,200
Average Appreciation: 6.3%*
*comparing the last 12 months (9/1/06 - 8/31/07) with the 12 months before (9/1/05 - 8/31/06)
E-Waste Collection and Document Shredding Event
Saturday September 22, 2007
Local residents are invited to bring their obsolete electronic equipment for recycling to the Intel Hawthorn Farm Campus in Hillsboro this Saturday.
A shredding truck will be available during the event to shred confidential personal documents.
Open to all residents and schools in the Greater Portland Area.
Date: Saturday, September 22, 2007
Time: 10:00 a.m. – 2:00 p.m.
Place: Intel Hawthorn Farm Campus, HF1 Parking Lot
5200 NE Elam Young PkwyHillsboro, OR 97124
Fee: There is a $5.00 fee (cash only) per monitor and per TV. Receipts will not be provided. All other items will be taken free of charge.
What will be accepted:
Computer CPUs
Copiers
TVs – 27 inches or less and no consoles
Monitors
Cell Phones & Accessories
Printers
Telephones
Scanners
Fax Machines
VCRs/DVD Players
Cables and Wire
Digital Cameras
Tabletop Stereos
Paper
What will NOT be accepted:
Household electronics and large appliances
Televisions that are larger than 27 inches
Microwaves
Refrigerators
Washers/Dryers
Hazardous Waste Materials
What will happen to the materials you drop off?
Items that can be salvaged will be taken by Students Recycling Used Technology (StRUT), an organization founded by Intel, which gives students an opportunity to refurbish computers and then place them in schools throughout Oregon and Washington. StRUT uses a program called Killdisk to wipe hard drives.
Material beyond repair or donation will be taken to Earth Protection Services Inc. (EPSI) in Tualatin for responsible recycling. The recycler will not wipe hard drives since the material goes directly to a shredder.
If you want to clear information from your hard drive before you recycle, there is software available that clears data from hard drives.
by Mark Miller, Lake Oswego, Oregon Realtor®
Lake Oswego - West Linn Market Area
From RMLS published data
For the Month of July
Active Listings: 1025
New Listings: 306
Pending Sales: 116
Pending Sales 2007 vs. 2006: -21.1%
Closed Sales: 138
Average Sales Price: $565,700
Year to Date
Closed Sales: 914
Average Sales Price: $559,400
Average Appreciation: 9.3%*
*comparing the last 12 months (8/1/06 - 7/30/07) with the 12 months before (8/1/05 - 7/30/06)
by Mark Miller, Lake Oswego, Oregon Realtor®
Lake Oswego - West Linn Market Area
From RMLS published data
For the Month of June
Active Listings: 931
New Listings: 348
Pending Sales: 147
Pending Sales 2007 vs. 2006: -10.9%
Closed Sales: 129
Average Sales Price: $636,200
Year to Date
Closed Sales: 850
Average Sales Price: $564,900
Average Appreciation: 12.6%*
*comparing the last 12 months (7/1/06 - 6/30/07) with the 12 months before (7/1/05 - 6/30/06)
by Mark Miller, Lake Oswego, Oregon Realtor®
Lake Oswego - West Linn Market Area
From RMLS published data
For the Month of May
Active Listings: 871
New Listings: 349
Pending Sales: 158
Pending Sales 2007 vs. 2006: -1.9%
Closed Sales: 153
Average Sales Price: $580,600
Year to Date
Closed Sales: 613
Average Sales Price: $550,400
Average Appreciation: 13.3%*
*comparing the last 12 months (6/1/06 - 5/31/07) with the 12 months before (6/1/05 - 5/31/06)
by Mark Miller, Lake Oswego, Oregon Realtor®
Lake Oswego - West Linn Market Area
From RMLS published data
For the Month of April
Active Listings: 771
New Listings: 311
Pending Sales: 146
Pending Sales 2007 vs. 2006: -7.6%
Closed Sales: 130
Average Sales Price: $582,200
Year to Date
Closed Sales: 452
Average Sales Price: $540,100
Average Appreciation: 14.1%*
*comparing the last 12 months (5/1/06 - 4/30/07) with the 12 months before (5/1/05 - 4/30/06)
by Mark Miller, Lake Oswego, Oregon Realtor®
Lake Oswego - West Linn Market Area
From RMLS published data
For the Month of March
Active Listings: 704
New Listings: 348
Pending Sales: 141
Pending Sales 2007 vs. 2006: -10.8%
Closed Sales: 138
Average Sales Price: $523,900
Year to Date
Closed Sales: 313
Average Sales Price: $518,900
Average Appreciation: 13.1%*
*comparing the last 12 months (4/1/06 - 3/31/07) with the 12 months before (4/1/05 - 3/31/06)
by Mark Miller, Lake Oswego, Oregon Realtor®
Here's the summer of 2007 information for the Farmers' Markets in Lake Oswego and West Linn. Both open up in May and close in October.
Lake Oswego (503) 635-0391
May 19 - October 27
Saturdays 8am to 1pm
Millenium Park (First and Evergreen)
West Linn (503) 408-5209
May 2 - October 24
Wednesdays 3:30pm to 8:30pm
1725 Willamette Falls Drive (Old Town Willamette)
You can find information for Farmers' Markets in other local cities at www.oregonfarmersmarkets.org
by Mark Miller, Lake Oswego, Oregon Realtor®
Lake Oswego - West Linn Market Area
From RMLS published data
For the Month of February
Active Listings: 641
New Listings: 216
Pending Sales: 152
Pending Sales 2007 vs. 2006: 12.6%
Closed Sales: 97
Average Sales Price: $496,700
Year to Date
Closed Sales: 174
Average Sales Price: $533,700
Average Appreciation: 15.0%*
*comparing the last 12 months (3/1/06 - 2/28/07) with the 12 months before (3/1/05 - 2/28/06)
by Mark Miller, Lake Oswego, Oregon Realtor®
Because of fair housing laws there are topics a Realtor won't be able to discuss. When I work with clients my general rule is "Talk about the homes but not the people", however clients want to know about the quality of the schools, neighborhood demographics, crime statistics, etc. Not only do I encourage buyers to drive around the area on their own but also to search the internet for the information they need.
Here's a link to an article from The Wall Street Journal that gives ideas on finding the information your agent can't discuss.
http://www.realestatejournal.com/buysell/tactics/20070316-hoak.html?mod=RSS_Real_Estate_Journal&rejrss=frontpage
by Mark Miller, Lake Oswego, Oregon Realtor®
Lake Oswego / West Linn Area
From RMLS published data
For the Month of January
Active Listings: 668
New Listings: 280
Pending Sales: 127
Pending Sales 2007 vs. 2006: -9.9%
Closed Sales: 75
Average Sales Price: $586,100
Year to Date
Closed Sales: 75
Average Sales Price: $586,100
Average Appreciation: 15.3%*
*comparing the last 12 months (2/1/06 – 1/31/07) with the 12 months before (2/1/05 – 1/31/06)
by Mark Miller, Lake Oswego, Oregon Realtor®
According to a study from United Van Lines, Oregon is just behind North Carolina in "in-migration" from other states. Popular areas are along the I-5 corridor and Bend with more people moving from California into Oregon than from any other state. I guess I can't blame them as mild, sunny winters can get pretty boring!
from StatesmanJournal.com
read the article at:
http://www.statesmanjournal.com/apps/pbcs.dll/article?AID=2007701280329
2006 Market Statistics for Metropolitan Portland by Area
by Mark Miller, Lake Oswego, Oregon Realtor®
Statistics collected from published RMLS data
Here are the statistics for the whole Portland area. RMLS does not break it down to specific cities so feel free to contact me if you wonder where your city falls (Tualatin is part of the Tigard / Wilsonville area).
RMLS Area | Area | Median Sales $ | Average Sales $ | Appreciation %* |
141 | North Portland | $235,500 | $253,700 | 17.5 |
142 | Northeast Portland | $265,000 | $295,800 | 15.4 |
143 | Southeast Portland | $234,500 | $280,500 | 15.8 |
144 | Gresham / Troutdale | $248,000 | $289,200 | 15.2 |
145 | Milwaukie / Clackamas | $307,200 | $347,800 | 20.3 |
146 | Oregon City / Canby | $286,000 | $370,800 | 15.6 |
147 | Lake Oswego / West Linn | $443,800 | $454,100 | 16.7 |
148 | West Portland | $378,100 | $467,500 | 10.3 |
149 | NW Washington County | $359,000 | $341,600 | 7.6 |
150 | Beaverton / Aloha | $251,000 | $273,200 | 12.7 |
151 | Tigard / Wilsonville | $322,000 | $363,000 | 8.6 |
152 | Hillsboro / Forest Grove | $260,000 | $306,800 | 15.9 |
*appreciation percent based on comparison of average sale price for the last 12 months with the prior 12 months.
As I mentioned in an earlier post 2006 turned out to be the second highest total sales volume year for the Portland Metro area.
by Mark Miller, Lake Oswego, Oregon Realtor®
Lake Oswego - West Linn Market Area
Statistics collected from published RMLS data
Average % Appreciation * | Average $ Sales Price | Number of Closed Sales | |
2006 | 16.7 | 528,100 | 1,560 |
2005 | 13.6 | 452,600 | 1,884 |
2004 | 14.8 | 397,000 | 1.810 |
2003 | 4.5 | 345,000 | 1,834 |
2002 | 6.8 | 329,800 | 1,691 |
2001 | -5.4 | 308,500 | 1,715 |
2000 | 9.5 | 325,700 | 1,430 |
*appreciation percent based on comparison of average sale price for the last 12 months with the prior 12 months.
2006 turned out to be the second highest total sales volume year for the Portland Metro area.
by Mark Miller, Lake Oswego, Oregon Realtor®
Lake Oswego / West Linn Area
From RMLS published data
For the Month of December
Active Listings: 623
New Listings: 110
Pending Sales: 75
Pending Sales 2006 vs. 2005: -21.9%
Closed Sales: 85
Average Sales Price: $454,100
Year to Date
Closed Sales: 1,560
Average Sales Price: $528,100
Average Appreciation: 16.7%*
*comparing the last 12 months (01/1/06 – 12/31/06) with the 12 months before (01/1/05 – 12/31/05)
by Mark Miller, Lake Oswego, Oregon Realtor®
Tuesday January 16, 2007
Last night the weatherman said we might get a little snow..."a light dusting, up to an inch in some areas, but turning to rain as temperatures rise".
I woke up at 5am, looked outside and thought, "No snow. Good, I'll be able to meet clients at the Bryant Road house, no problem." I crawled back into bed and dozed off. 55 minutes later it seemed unusually bright on the ceiling. The ground was totally covered in snow!
This is Indy enjoying himself as I shoveled the driveway.
"Home sellers are crying but the data doesn't seem to reflect their woes."
from CNNMoney.com
Here's an interesting article that addresses the question, "Why is there a disconnect between the media headlines concerning real estate market woes and the actual statistics?"
read the article at http://money.cnn.com/2007/01/11/real_estate/housing_pain_statistics/index.htm?postversion=2007011118
The Federal Reserve Board has put out a handbook on adjustable rate mortgages that "explains how ARMs work and discusses some of the issues that borrowers may face."
"It includes ways to reduce the risks and gives some pointers about advertising and other ways you can get information from lenders and other trusted advisers."
"Important ARM terms are defined in a glossary. And the Mortgage Shopping Worksheet can help you ask the right questions and figure out whether an ARM is right for you."
The sections above in "quotes" are taken directly from the Federal Reserve's site.
You can read it online at: http://www.federalreserve.gov/pubs/arms/arms_english.htm
Also available in Spanish at: http://www.federalreserve.gov/pubs/arms/arms_spanish.htm
America's Fastest Appreciating Housing Market: Salem, Oregon
from CNNMoney.com
read the article at http://money.cnn.com/popups/2006/real_estate/best_worst/9.html
Frommer's Top Travel Destinations for 2007: Portland, Oregon
from Frommers.com
read the article at http://www.frommers.com/destinations/article.cfm?destid=2529&articleid=4056&t=Frommer%27s%20Top%20Travel%20Destinations%20for%202007
Top 10 News Stories in 2006 from The Lake Oswego Review
from LakeOswegoReview.com
read the article at http://www.lakeoswegoreview.com/news/story.php?story_id=116742490409063700
