Lake Oswego, OR Real Estate News

By Brian Olsen, Cooper Jacobs Real Estate Group | Keller Williams
(Portland, Lake Oswego, West Linn & Dunthorpe Neighborhoods, Waterfront, Luxury & Floating Homes)
Relocating to Lake Oswego, Oregon: First Addition Real Estate:  Lake Oswego's First Addition neighborhood is located in Clackamas County. Currently, the median house value is $975,000 compared to $375,025 for Clackamas County which says a lot about how desirable the First Addition neighborhood is. $715 per square foot of house is the median. Wow, this neighborhood is valuable. Median house values in Lake Oswego as a whole is a little less at $699,900.  You can find all homes in Lake Oswego that are for sale in the MLS here:  Lake Oswego Homes FOR SALE The multiple listing service currently has six active First Addition properties for sale. They range in price from $999,000 to $540,000 for 2,377 square feet and three bedrooms plus two bathrooms. The most expensive property has 3,328 of ...
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By Brian Olsen, Cooper Jacobs Real Estate Group | Keller Williams
(Portland, Lake Oswego, West Linn & Dunthorpe Neighborhoods, Waterfront, Luxury & Floating Homes)
Lake Oswego Hail Storm in Spring Like Weather -Wow! That was loud! Just as the cherry blossoms are coming out and the Daphne plants are blooming, a freak hail storm passed through Lake Oswego just one week ago and it looked like it had snowed.  In a “balmy” 52 degree day, the rain came, but then the hail pummeled the city. The sound of the frozen water landing on the roof was so loud! As in many typical Northwest Spring days, the clouds parted and sunshine came out later on in the day. Are you looking forward to putting your boat in the water soon?  We are!  Summer can not come fast enough and Oswego Lake is beckoning!  Let us know if you are interested in moving to Lake Oswego or want to learn more about this Portland suburb.  Today’s weather isn’t typical, and was interesting, but mos...
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By Brian Olsen, Cooper Jacobs Real Estate Group | Keller Williams
(Portland, Lake Oswego, West Linn & Dunthorpe Neighborhoods, Waterfront, Luxury & Floating Homes)
Mountain Park is a community that is part of Lake Oswego, Oregon. If you are interested in Mountain Park homes for sale or Lake Oswego real estate, then it is important to know that Mountain Park is one of the most extensive planned communities in the United States, established in 1968 over 700 acres of wooded hillside. Mountain Park offers 175 acres of common property for residents and there is eight miles of recreational trails. These a great to get out and move around. There are parks and tennis courts with staffed clubhouse that's really great! It's like a recreational center for the neighborhood. The list of amenities goes on and on such as programs for children, yoga, exercise classes heated pool and basketball courts.     The Mountain Park Clubhouse is located at 2 Mount Jefferso...
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By Brian Olsen, Cooper Jacobs Real Estate Group | Keller Williams
(Portland, Lake Oswego, West Linn & Dunthorpe Neighborhoods, Waterfront, Luxury & Floating Homes)
All About The Oswego Lake Country Club (OLCC) in Lake Oswego, Oregon If you are interested in Lake Oswego real estate, then you are usually interested in golfing, schools, boating, or all three. The Country Club is a huge asset to the community and the desirability of living here. Tucked in around the towering evergreen trees and off Country Club Road in the North Shore - Country Club District is The Oswego Lake Country Club. Since 1924 the Oak trees, Douglas Fir and Maple trees have provided paradise for golfers on the par 71 course. Skill and golf pride is truly felt in the fairways at OLCC. The Audubon Society recognized this club with the award for responsible stewardship. There are real grass practice grounds at the driving range with target greens. The practice bunkers and the sho...
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By Brian Olsen, Cooper Jacobs Real Estate Group | Keller Williams
(Portland, Lake Oswego, West Linn & Dunthorpe Neighborhoods, Waterfront, Luxury & Floating Homes)
Welcome Lake Oswego Based Real Estate Broker Brian Olsen to our Portland Cooper Jacobs Real Estate Branch! Brian comes to us with many years of experience in the real estate field across the Pacific Northwest. He is an avid marketer to his client's benefit, and also has a background in mortgage and real estate over the last eight years.  We are so pleased to have him as part of the team because he is such a savvy people person and we know clients will love him. Brian lives in Lake Oswego and is an excellent resource for anything LO and real estate.  You can reach Brian at 503-899-2968 or Brian@CooperJacobs.com About Cooper Jacobs Real Estate's Portland Branch And Why People Want to Represent This Brokerage: Cooper Jacobs Real Estate offers a great package of perks and prides itself as b...
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By Brian Olsen, Cooper Jacobs Real Estate Group | Keller Williams
(Portland, Lake Oswego, West Linn & Dunthorpe Neighborhoods, Waterfront, Luxury & Floating Homes)
We have been having a great time watching the kids out yesterday and today!   Lake Oswego School District dismissed the children early yesterday and cancelled classes for Friday.  This was a delight for local kids all over the city and even in the windy blustery conditions, there way joy. Hope you are staying warm! We have been keeping an eye on the market and if you are thinking about selling your Lake Oswego home, then skip the snow days, but the market is hot enough that you should seriously think about getting an analysis.  We are happy to provide you with a quick and accurate comparative market analysis if you are curious about your Lake Oswego home value. Here are the resources you will need and call us if you want  to get going on it, but bundle up in the mean time! Lake Oswego H...
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By Brian Olsen, Cooper Jacobs Real Estate Group | Keller Williams
(Portland, Lake Oswego, West Linn & Dunthorpe Neighborhoods, Waterfront, Luxury & Floating Homes)
Blue Heron Homes For Sale in Lake Oswego, OR This Lake oswego neighborhood is a haven of Lake Oswego luxury homes and spectacular Lake Oswego waterfront homes and is basically a peninsula surrounded by canals and the lake on three sides. As a result, you can find beautiful lakefront estates as well as some more affordable waterfront property on the canals.  Blue Heron is located on the South side of the lake and in the Lakeridge High School Boundaries. If you are interested in Blue Heron Homes for sale and you are interested in taking advantage of living in a lakefront neighborhood, then it is important to talk about easements.  The map of the Blue Heron easements is from the Lake Corp which is great place to investigate if you are interested in living on or near the lake or if you are ...
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By Brian Olsen, Cooper Jacobs Real Estate Group | Keller Williams
(Portland, Lake Oswego, West Linn & Dunthorpe Neighborhoods, Waterfront, Luxury & Floating Homes)
Relocating to Lake Oswego, Oregon involves many decisions just as it would to move to anywhere in the world.  Each town and neighborhood has its own set of unique things to think about. Once you have made the decision to move to lake Oswego, Oregon, then you will need to decide which side of Oswego Lake you want or need to live on.  Each side has different shopping, character, and the all important:  schools.  Once you know what part of lake Oswego you are going to be looking in, then you should start to think about Lake Oswego neighborhoods.  Lake Oswego has a large variety of neighborhoods and then within those neighborhoods there are also some notable communities. Here is just a short overview of a couple of the Lake Oswego neighborhoods - one from the South Shore and one from the No...
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By Brian Olsen, Cooper Jacobs Real Estate Group | Keller Williams
(Portland, Lake Oswego, West Linn & Dunthorpe Neighborhoods, Waterfront, Luxury & Floating Homes)
Seems like everyone is out running around holiday shopping, but that isn't completely true in the Lake Oswego waterfront real estate market anyway.   There are SIX Lake Oswego waterfront homes that are pending in escrow currently.  These are single family homes on Oswego Lake and listed in the RMLS. Lake Oswego Waterfront Homes For Sale & Market Update If you are still interested in purchasing on the lake this holiday season, you have some great choices.  There are 21 Active Lake Oswego waterfront homes for sale at the moment in the RMLS.  These range in price from $479,000 for an Oswego waterfront house for sale on Southshore Blvd. to $7,900,000 for a substantial estate on Palisades Terrace Drive with a median list price of $1,590,000. The pending homes in escrow which have already got...
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By Brian Olsen, Cooper Jacobs Real Estate Group | Keller Williams
(Portland, Lake Oswego, West Linn & Dunthorpe Neighborhoods, Waterfront, Luxury & Floating Homes)
Lake Oswego's waterfront real estate market update as of early November 2013: There has been enough action in Lake Oswego's waterfront real estate market over the last 30 days to note that sellers of Oswego Lake waterfront properties to be competitive whether you are a buyer or seller.  While only one lakefront property has closed in escrow officially, there are a number of them pending as detailed below. On the flip side, buyers have an abundance of CHOICES.  This translates to sellers needing to pay particular attention to price and presentation to stand out.    In either case, whether you are a buyer or a seller, there are different aspects of the market that should be taken into account. What's for sale on Oswego Lake right now? Currently, there are 27 Active Lake Oswego waterfront ...
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By Brian Olsen, Cooper Jacobs Real Estate Group | Keller Williams
(Portland, Lake Oswego, West Linn & Dunthorpe Neighborhoods, Waterfront, Luxury & Floating Homes)
A peek at Lake Oswego waterfront real estate at summer’s end… Summer is winding down in Lake Oswego as much as we hate to look around and admit.  The leaves have been starting to blow a bit more and I have even seen them in the street… There are 39 active Lake Oswego waterfront homes for sale currently in the RMLS.  If you know of a FSBO Lake Oswego waterfront home that should be included in this mix, please let me know. The homes and condos currently listed on the shores of both Oswego Lake and the Willamette River have been on the market anywhere from 1 day to 351 days with an average days on market of 97 days and a median days on market of 76 days.  They range in price from $479,000 to $7,900,000 with a median list price of $1,495,000 and an average dollar per square foot of $464. Th...
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By Brian Olsen, Cooper Jacobs Real Estate Group | Keller Williams
(Portland, Lake Oswego, West Linn & Dunthorpe Neighborhoods, Waterfront, Luxury & Floating Homes)
Oswego Lake is a beautiful and peaceful place at night with only a few other souls out enjoying the calm. Should be the calm before the Labor Day weekend activity.  The weather in Lake Oswego this weekend is set to be boating perfect and ready for lots of last hurrah summer fun before school starts on Tuesday. Lake Oswego living is closely knit to the lake itself and no wonder why.  Oregon is full of natural beauty, but this is my favorite place in the state.  If you are interested in Lake Oswego living, then let me know if you need help looking at different neighborhoods, etc.  If the lake is important to you like it is to me, then you need to find a home that is either on the water or in one of the easements.  Oswego Lake is a private lake.  It is not open to the public.  Not all home...
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By Jen Woodbury, MBA, Principal Broker, 541-499-9941
(MORE Realty)
New Real Estate Design and Plan For Wizer Block in Lake Oswego is Public The Wizer block is going to change! The board, comprised of city councilors, has approved the $92.6 million dollar plan for The Wizer Block. A mix of residential and retail is proposed and the next steps will be an application and public hearing. Many Lake Oswego residents and business owners have been waiting on word of what’s proposed and we finally were given a glimpse of the future development with drawings, design and even a plan for installed sculptures. Click Link For Full Article http://www.oregonlive.com/lake-oswego/index.ssf/2013/08/developers_showcase_design_pla.html Please visit my sites at: Facebook https://www.facebook.com/JenWoodburySellsHomes/ Blog http://jenwoodburysellshomes.info/ Website http://j...
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By Brian Olsen, Cooper Jacobs Real Estate Group | Keller Williams
(Portland, Lake Oswego, West Linn & Dunthorpe Neighborhoods, Waterfront, Luxury & Floating Homes)
Lots of activity this summer in Village On The Lake This Summer For SOLD homes in this Lake Oswego, Oregon neighborhood: In addition to two recent off market Lake Oswego home sales in the neighborhood, one active Village On The Lake home for sale, and one pending which wasn’t on the market long at all, there was a great sale in the last month for anyone watching the Village On The Lake neighborhood real estate market: 15567 Village Drive was listed for $1,295,000 and sold after 12 days for $1,250,000.  It is a four bedroom, but has enough rooms to function as a five or six bedroom house. Best of all, though, it has Oswego Lake easement access to the lake.  In fact, Village On The Lake has one of the best if not the best easements on the lake with a private gated members only marina.  T...
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By Eric Newman, Loan Officer with 25yrs in Housing, NMLS-97776
(Directors Mortgage, NMLS-3240)
Note from Eric Newman ... With all the information available online, it still amazes me how many homeowners and home buyers are confused in the mortgage process.  Below is a list of some of the most common asked questions or comments I receive.  Hope this can help you or your clients!   Contributions by Eric Newman (NWMG) and Alison Paoli (Zillow)Mortgages are tricky and often hard to understand. Because most people only purchase a home every five to seven years, prospective homebuyers understandably don't spend a lot of time in the interim educating themselves about mortgages and the mortgage process. With the real estate market picking up and mortgage rates prime for refinancing, Zillow has compiled a list of common mortgage misconceptions based off the results of the 2013 Mortgage I...
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By Brian Olsen, Cooper Jacobs Real Estate Group | Keller Williams
(Portland, Lake Oswego, West Linn & Dunthorpe Neighborhoods, Waterfront, Luxury & Floating Homes)
Village On The Lake Real Estate Update June 2013 Lake Oswego OR:   It’s the last day of June 2013 – hard to believe it!  There has been a swarm of Village on the Lake real estate activity recently!  Some has been off market and some on market by Realtors in the MLS.  This information is on both. Active Village On The Lake Homes For Sale:  Currently there are two homes for sale in the Village On The Lake Neighborhood in Lake Oswego, Oregon. One of them located on Village Drive has a sign up, but is not listed in the MLS as of yet, however in speaking with the agent it is just under $900,000. Now that the tenants have moved out, I believe it may be going on the public MLS.   The other one of theVillage On The Lake Homes for sale  is a two bedroom on View Lake Court that has been listed f...
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By Carla Muss-Jacobs, RETIRED
(RETIRED / State License is Inactive)
Homes for Sale in Lake Oswego Market Report May 2013 Breaking Lake Oswego Real Estate News: "PMAR [Portland Metro Area Realtors®] successfully defeated adoption of proposed modifications to the City of Lake Oswego municipal code requiring permits for use of a temporary For Sale sign on residential rental properties. As originally submitted for City Council's consideration, additional language would have required citizens to purchase a permit in order to be allowed to place a For Sale sign on their private property that happens to be multi-family (i.e. duplex, triplex, etc.). At its June 4th meeting, City Council unanimously adopted an ordinance that included PMAR's recommendation to continue to exempt such properties from a sign permit requirement when the entire property is for sale." ...
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By Brian Olsen, Cooper Jacobs Real Estate Group | Keller Williams
(Portland, Lake Oswego, West Linn & Dunthorpe Neighborhoods, Waterfront, Luxury & Floating Homes)
Village On The Lake Neighborhood Basics:   Village On The Lake neighborhood (or VOTL) is a Lake Oswego waterfront neighborhood perched on the North Shore of Oswego  Lake and has a variety of architectural styles. It is surrounded by an abundance of natural beauty including nature reserves and the lake itself, but still maintains its manicured landscapes.   Want The Highly Coveted Boat Easement or Lake Easement?   Important:  Oswego Lake is a private lake.  This is not always a commonly known fact to most newcomers, so if the use of the lake is important to you, then it is important to find a home with an easement. The right to use Oswego Lake is highly sought after by eager homebuyers in Lake Oswego.   Village On The Lake boasts an amazing optional members only easement and Marina with ...
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By Brian Olsen, Cooper Jacobs Real Estate Group | Keller Williams
(Portland, Lake Oswego, West Linn & Dunthorpe Neighborhoods, Waterfront, Luxury & Floating Homes)
Get To Know First Addition: Lake Oswego, OR is a great community filled with wonderful neighborhoods and amenities.  First Addition is Lake Oswego's historic district and a charming neighborhood dating back to the late 1800s.  It is around 30 blocks and located convenient to Downtown Lake Oswego, the Lake Oswego Library, and all that the city's Village Center Offers.  In addition, it borders Tyron Creek State Park. Additional Resources on First Addition in Lake Oswego, Oregon: First Addition Neighborhood Association City Of Lake Oswego First Addition Homes For Sale Lake Oswego Real Estate Finding A Home In First Addition or Selling Your First Addition Home: If you are interested in finding a Lake Oswego home in First Addition, please let us know what you are looking for.  We are happy t...
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By Carla Muss-Jacobs, RETIRED
(RETIRED / State License is Inactive)
Homes for Sale in Lake Oswego Market Report April 2013   April 2013 Real Estate Market Report Lake Oswego, OR EBA Portland, LLC April 2013 March 2013 Feb 2013 Y-T-D           Active Listings 466 435 432 --   New Listings 252 183 140 774   Pending Sales 160 154 112 546   Closed Sales 113 125 74 398   Average DOM 118 120 157 --   Average Sale Price $448,600 $494,900 $451,900 $469,500   Months of Inventory  4.1  3.5 5.8  --   Looking at Homes for Sale Lake Oswego Real Estate Market Report April 2013 The inventory for the Lake Oswego Real Estate market has improved slightly over February's numbers.  The homes for sale in Lake Oswego, both in new listings and active listings have increased.  Which is why the month of inventory, AKA absorption rate has improved.  I say "improved" because as a...
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