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Oregon Financing Update

The job numbers for March give us another indication of where our economy is headed in the short-term. The headline numbers showed 103,000 jobs added and an unemployment rate of 4.1%. While the number of jobs added was disappointing, the report followed a very high number of jobs added for the previous month which was not revised downward. In addition, each month we look at wage growth to see whether inflation is starting to rear its ugly head. March saw wage inflation in line with expectations — a good sign.

The markets are also watching for movements in the labor participation rate, as this measure tells us where there is potential for growth in employment. Even though the headline numbers say that we are at full employment, there are millions who are available to come back into the workforce. When there is more demand for workers, those who are not participating are more likely to become employed, thus raising the labor participation rate. In March, the labor participation rate fell slightly from a five month high and thus there continues to be room for improvement within this indication.

Considering that the markets have turned much more volatile since the first of the year, what do these numbers tell us? To answer that question, we must understand why the markets seem to be uneasy. It is very easy to blame rising interest rates and certainly the movement of rates is a factor. But we must also remember that the markets have had quite a run and there is always a concern as to when the markets might lose some energy. In reality, there are several factors at work and the jobs numbers only serve to put one other factor into the pot which is being stirred enthusiastically this year.

RISING INTEREST RATES – WHERE ARE WE HEADING?

All good things come to an end—even low interest rates on home loans. They’ve been steadily rising and are poised to climb even higher this year. When they do, the cost of buying a home will rise as well. This could make the challenges of today’s buyer’s market even worse for some prospective purchasers—particularly first-time buyers, having to settle for smaller abodes, fixer-uppers (in the real sense, not the TV sense), and homes farther out where real estate is cheaper. Rates on home loans are expected to go up even more as the Federal Reserve raises short-term interest rates.

The new Fed chairman, Jerome H. Powell, says the Fed is likely to gradually increase them this year. It is expected to bump up rates at least three times this year, in 0.25% increments. “For the bulk of buyers, it’s not going to kill their decision to purchase a home. If anything, it will get them off the fence by creating a sense of urgency,” says Rick Palacios Jr., director of research at John Burns Real Estate Consulting. Higher rates are “a kick in the pants for you to start thinking seriously about buying.” “Buyers thought they could wait forever because rates were going to stay low forever,” says Palacios. “They’re starting to realize if they’re going to buy they should probably buy now.” Source: Realtor.com®

There was a lot of flipping in 2017 with 207,088 single-family homes and condos flipped nationwide, 5.9% of all homes sold. It was a 1% rise in flipping year-over-year and meant an 11-year high in volume terms, and 4-year high in share of sales, according to a report from ATTOM Data Solutions. There was also a 10-year high in the number of entities doing the flipping; a total of 138,410 individuals or institutions, up 4% from 2016. Despite the rise, ATTOM’s senior economist Daren Blomquist says that, rather than mirroring the frenzy of just over a decade ago, this was more considered.

“Flippers are behaving more rationally, as evidenced by average gross flipping returns of 50% over the last three years compared to average gross flipping returns of just 31% between 2004 and 2006 — the last time we saw more than 200,000 home flips in consecutive years,” he said. Source: ATTOM Data Solutions

Foreign Investors Coming To U.S.

Residents from other countries are increasingly eyeing U.S. real estate as a good investment, and they’re making up a significant portion of buyers in some markets. But who is coming is changing.

Chinese buyers have been the biggest portion, spending the most of any foreign group on U.S. real estate. They spent $31.7 billion on residential real estate in the U.S. between April 2016 and March 2017, according to the National Association of REALTORS®. But mainland China has since tightened restrictions on how much capital residents can spend outside the country. That has caused some markets to see a drastic decrease of Chinese buyers. “You turn off one faucet, and another one opens,” says Jonathan Genton, the founding partner and CEO of the Genton Property Group. Buyers from other countries have been coming in to fill the gap. For example, Genton is seeing more buyers coming in from Taiwan, Vietnam, and Thailand and more investors from Dubai, Kuwait, Georgia, and Turkey. “

Everyone recognizes the stability and security of the U.S. market more than ever before,” Genton says. “Foreign buyers make up a significant presence in the U.S. luxury market that will only increase as generations come here to study and geopolitical and safety factors continue to play a role,” Shahab Karmely, the CEO of KAR Properties, a New York-based development firm, told Mansion Global. Source: Mansion Global

Thinking of Selling Your Lake Oswego Home?

Prices are increasing at a fast pace in Lake Oswego. Interest rates are still low and there is a huge pool of buyer demand. I have ready, willing and able buyers ready to purchase your home. If you want to know the value of your home in today’s real estate market, please call me at 503-804-9685.

SEARCH FOR REAL ESTATE

There are links above to search for real estate.  I have a new website where you can search or you can use my mobile phone app as well. My website and mobile app provide you with access to all listings available on the RMLS™ system regardless of who the listing agent or brokerage may be. Listings are updated frequently throughout the day giving you the information you need, when you need it.

Moving to Lake Oswego?

Want to know more about Lake Oswego? I’d love to be your buyer’s agent, please give me a call at 503-804-9685.

I have worked in Lake Oswego as a Real Estate Broker since 1978 and have lived in Lake Oswego since 1988 and know all the neighborhoods! The real estate market is “hot” here in the Portland metro area and Lake Oswego. I am ready to assist you with all your real estate needs! “There is no substitute for experience.”

ALL ABOUT…..Lake Oswego Real Estate. Copyright 2008-2018. Betty Jung. All Rights Reserved. Use of this article, photos and images without permission is a violation of Federal copyright laws.

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Hot Off The Press!  The March 2018 RMLS™ Market Action Report was just published.

Lake Oswego Real Estate March 2018 RMLS™ Market Action Report

We are heading into another wild and crazy real estate market in the Portland and Lake Oswego real estate markets this Spring and most likelbettyung.comy Summer as well.

Inventory is dropping when it should be increasing.  The Portland metro real estate market decreased from 1.9 months of inventory to 1.6 months in March 2018. We have way too few houses for sale to meet buyer demand!!! It will, however, be interesting to watch if rising interest rates put a damper on sales.  I personally don’t think they will – at not least in the immediate future.

Lake Oswego Real Estate Market

The Lake Oswego real estate market had inventory decrease as well.  In January, Lake Oswego had 2.9 months, February had 3.2 months and now our latest stats show that March had 2.6 months of inventory in Lake Oswego.

There is still high buyer demand.  We are still seeing multiple offers in most, not all, areas.  Unless inventory increases significantly, which it most likely won’t increase to the levels we need, this frenzy we have been seeing will only continue.

March Residential Highlights

New listings in the Portland metro area saw a slight gain compared to last year this March. At 3,648 for the month, new listings edged 1.2% over the 3,604 new listings offered last year in March 2017 and were 44.2% warmer than last month in February 2018 (2,530). This was the best March for new listings in the area since 2010, when 4,987 new listings were offered.

Closed Sales

Closed sales (2,371) were 4.9% cooler than the 2,494 closings recorded in March 2017 but ended
31.3% warmer than the 1,806 closings recorded last month in February 2018.

Pending Sales

Pending sales fared similarly, cooling 4.9% from March 2017 (3,043) despite a 23.8% increase over the 2,337 offers accepted last month in February 2018.

Inventory of Houses For Sale

Inventory in the Portland metro area decreased slightly to 1.6 months in March, with total market time decreasing to 55 days. There were 3,844 active residential listings in the metro area in March.

Average and Median Sale Pricesbettyjung.com

Comparing the average price of homes sold in the twelve months ending March 31st of this year ($435,000) with the average price of homes in the twelve months ending March 2017 ($404,200) shows an increase of 7.6%.

In the same comparison, the median has increased 8.8% from $353,800 to $385,000.

Inventory Levels Past Several Years

To put some of this into perspective, here is how our Portland metro real estate markets’ inventory levels were:

  • 2016 – we had 1.3 months of inventory in March
  • 2015 – we had 1.9 months of inventory in March
  • 2014 – we had 3.1 months of inventory in March
  • 2013 – we had 3.2 months of inventory in March

Summary

The last two years our real estate market was on steroids.  I certainly envision the same this Spring and Summer. Frankly, I feel for the buyers who will be buying homes in our highly competitive real estate markets. It is still a sellers’ real estate market.  Many homeowners now have reached equity levels beyond what they saw prior to the recession and it may be a good time for more sellers to “cash in”.

Thinking of Selling Your Lake Oswego Home?

Prices are increasing at a fast pace in Lake Oswego. Interest rates are still low and there is a huge pool of buyer demand. I have ready, willing and able buyers ready to purchase your home. If you want to know the value of your home in today’s real estate market, please call me at 503-804-9685.

SEARCH FOR REAL ESTATE

There are links above to search for real estate.  I have a new website where you can search or you can use my mobile phone app as well. My website and mobile app provide you with access to all listings available on the RMLS™ system regardless of who the listing agent or brokerage may be. Listings are updated frequently throughout the day giving you the information you need, when you need it.

Moving to Lake Oswego?

Want to know more about Lake Oswego? I’d love to be your buyer’s agent, please give me a call at 503-804-9685.

I have worked in Lake Oswego as a Real Estate Broker since 1978 and have lived in Lake Oswego since 1988 and know all the neighborhoods! The real estate market is “hot” here in the Portland metro area and Lake Oswego. I am ready to assist you with all your real estate needs! “There is no substitute for experience.”

ALL ABOUT…..Lake Oswego Real Estate. Copyright 2008-2018. Betty Jung. All Rights Reserved. Use of this article, photos and images without permission is a violation of Federal copyright laws.

 

 

Lake Oswego Hazelia Dog Park

Today was National Pet Day.  While I am a bit late posting for today’s holiday, I did go to Hazelia Dog Park in Lake Oswego to check out all the dogs at play.

I had been there before but it had been quite a while and wanted to do some more checking around.  There were only a few dogs there but one of the dog owners said “you should see it on a Saturday”.

Many people have told me it is the best dog park because it has 2 separate large fenced areas for big and small dogs or as their signs say “timid/shy” and “active” dogs. There is also a good mix of grass and bark.

In addition, there is room for dogs to run and the park has play structures.  For the fur baby owners there is a sitting area, shaded areas and restrooms.  The park is nicely maintained with separate areas for small and large dogs, an area where the dogs can be rinsed off during our rainy days and lots of areas that have water to quench the dogs’ thirst.

Of all the dogs today, this cutie in the picture, came racing up to me wanting a “meet and greet”.bettyjung.com

New Dog Park Coming In Lake Oswego

There is a new dog park that will be opening soon in the Lake Grove area – the West Waluga Fenced Dog Park.  Watch here for the grand opening info.  There will then be eastside and westside dog parks.

Off Leash Areas

All dogs must be on a leash in public parks and in all natural areas in Lake Oswego except in these 6 areas:

  • Hazelia Field
  • Luscher Farm
  • Pilkington Park
  • West WalugaPark
  • Southwood 1 Park
  • McNary Park

Dog Rules For Lake Oswego

Not sure about licensing or other rules if you are a dog owner in Lake Oswgeo?  Here is a link to all those rules you need to abide by if you own a dog.

Thinking of Selling Your Lake Oswego Home?

Prices are increasing at a fast pace in Lake Oswego. Interest rates are still low and there is a huge pool of buyer demand. I have ready, willing and able buyers ready to purchase your home. If you want to know the value of your home in today’s real estate market, please call me at 503-804-9685.

SEARCH FOR REAL ESTATE

There are links above to search for real estate.  I have a new website where you can search or you can use my mobile phone app as well. My website and mobile app provide you with access to all listings available on the RMLS™ system regardless of who the listing agent or brokerage may be. Listings are updated frequently throughout the day giving you the information you need, when you need it.

Moving to Lake Oswego?

Want to know more about Lake Oswego? I’d love to be your buyer’s agent, please give me a call at 503-804-9685.

I have worked in Lake Oswego as a Real Estate Broker since 1978 and have lived in Lake Oswego since 1988 and know all the neighborhoods! The real estate market is “hot” here in the Portland metro area and Lake Oswego. I am ready to assist you with all your real estate needs! “There is no substitute for experience.”

ALL ABOUT…..Lake Oswego Real Estate. Copyright 2008-2018. Betty Jung. All Rights Reserved. Use of this article, photos and images without permission is a violation of Federal copyright laws.

 

 

It is almost that time! The Lake Oswego Farmers’ Market schedule for 2018 was just published.
We’re getting closer to more sunny days ahead too. Put these dates on your calendar so you don’t miss a thing.

Our popular Lake Oswego Farmers’ Market starts May 19 and runs through Ocotober 13 from 8:30 a.m. to 1:30 p.m. at Millennium Plaza Park in downtown Lake Oswego. Over 80 vendors will be there each week and the live entertainment schedule is below.Copyright Betty Jung

Lake Oswego Farmers’ Market 2018

Live Music from 10:30 to 12:30 p.m. each week + a Kids’ Corner for the little ones.

Farmers’ Market Entertainment Schedule 2018

  • May 19 – Southern Nights
  • May 26 – Sky in the Road
  • June 2 – Boka Marimba
  • June 9 – Organic String Beings
  • June 16 – Bernie Sims
  • June 23 – Ache Son
  • June 30 – The Stumptowners
  • July 7- Sucker Creek Jazz Band with Dick Saunders
  • July 14 – French Twist Band
  • July 21 – Rogue Bluegrass Band
  • July 28 – Rose City Flut Choir
  • August 4 – Margie Gibson with Dick Saunders and Friends
  • August 11 – Gospel Hooligans
  • August 18 – Sally Harmon and Frank Gruner
  • August 25 – The Jamblers
  • September 1 – Shira with Dick Saunders and Friends
  • September 8 – Espacio Flamenco
  • September 15 – Dripping West
  • September 22 – Portland Kora Project
  • September 29 – Brent Johnson and KJ Miller
  • October 9 – Fadin’ by Nine
  • October 13 – The Bylines

Forestry Festivities On Opening Day

This event includes Urban & Community Forestry booths and activities for children and adults.  Spin the prize wheel, do a craft, watch a tree pruning demonstration, receive a free tree seedling (Lake Oswego is all about the love of their trees!), and learn about Stewardship opportunities in your own neighborhood.  Arbor Day Art Contest winners will also be announced.

The Farmers’ Market is just the start of the many activities Lake Oswego has to offer.  Don’t miss out on all the fun!

Thinking of Selling Your Lake Oswego Home?

Prices are increasing at a fast pace in Lake Oswego. Interest rates are still low and there is a huge pool of buyer demand. I have ready, willing and able buyers ready to purchase your home. If you want to know the value of your home in today’s real estate market, please call me at 503-804-9685.

SEARCH FOR REAL ESTATE

There are links above to search for real estate.  I have a new website where you can search or you can use my mobile phone app as well. My website and mobile app provide you with access to all listings available on the RMLS™ system regardless of who the listing agent or brokerage may be. Listings are updated frequently throughout the day giving you the information you need, when you need it.

Moving to Lake Oswego?

Want to know more about Lake Oswego? I’d love to be your buyer’s agent, please give me a call at 503-804-9685.

I have worked in Lake Oswego as a Real Estate Broker since 1978 and have lived in Lake Oswego since 1988 and know all the neighborhoods! The real estate market is “hot” here in the Portland metro area and Lake Oswego. I am ready to assist you with all your real estate needs! “There is no substitute for experience.”

ALL ABOUT…..Lake Oswego Real Estate. Copyright 2008-2018. Betty Jung. All Rights Reserved. Use of this article, photos and images without permission is a violation of Federal copyright laws.

https://lakeoswegorealestateblog.wordpress.comLake Oswego Real Estate Code Of Ethics

As a Lake Oswego Real Estate Broker, I am also a REALTOR®.  REALTORS® subscribe to the Code Of Ethics which is a barometer and guide. It consists of articles of behavior that we who belong to the NAR® (National Association of REALTORS®) must adhere to. Not all agents here locally or throughout the U.S. are REALTORS®.

Real Estate Code Of Ethics

What actually is in the Code of Ethics?  Have you ever read the articles that are in the Code of Ethics that relate to you as a consumer?  In 2013, the Code of Ethics turned 100 years old and is a part of being a REALTOR®.

I thought I would post a copy of those articles here for you to read.

REALTORS® Code of Ethics

In the many Facebook groups I belong to, because of the “hot” and highly competitive real estate market due to such low inventory of houses for sale here in Lake Oswego, in the Portland metro area and all across the U.S., as in other industries there seems to be relatively few “bad apples” in our business too.

Many of our local agents are posting some of that happening here locally.  We as real estate agents are self governing and need to report to our respective real estate organizations when there is any unethical behavior. Unfortunately, most consumers don’t even realize when an agent has perhaps been in violation of our Code of Ethics. Fortunately,  99.999% of all real estate agents in our Portland metro market adhere to the Code of Ethics.

Hiring A Real Estate Agent

When hiring a real estate agent, ask them if they are a REALTOR®. In fact, ask them to show you their REALTOR® identification and don’t just take their word for it.  Because some real estate agents may use that name loosely and not be a REALTOR® at all. If you are wanting to hire a real estate agent who is highly ethical, give me a call. I am always trying to improve my service to my clients as well.

Thinking of Selling Your Lake Oswego Home?

Prices are increasing at a fast pace in Lake Oswego. Interest rates are still low and there is a huge pool of buyer demand. I have ready, willing and able buyers ready to purchase your home. If you want to know the value of your home in today’s real estate market, please call me at 503-804-9685.

SEARCH FOR REAL ESTATE

There are links above to search for real estate.  I have a new website where you can search or you can use my mobile phone app as well. My website and mobile app provide you with access to all listings available on the RMLS™ system regardless of who the listing agent or brokerage may be. Listings are updated frequently throughout the day giving you the information you need, when you need it.

Moving to Lake Oswego?

Want to know more about Lake Oswego? I’d love to be your buyer’s agent, please give me a call at 503-804-9685.

I have worked in Lake Oswego as a Real Estate Broker since 1978 and have lived in Lake Oswego since 1988 and know all the neighborhoods! The real estate market is “hot” here in the Portland metro area and Lake Oswego. I am ready to assist you with all your real estate needs! “There is no substitute for experience.”

ALL ABOUT…..Lake Oswego Real Estate. Copyright 2008-2018. Betty Jung. All Rights Reserved. Use of this article, photos and images without permission is a violation of Federal copyright laws.

Lake Oswego Real Estate Coffee Meet Ups!

Have a real estate question you have been wanting to ask?

My Coffee Meet Ups Have Already Started. Every Wednesday!

As of Wednesday, March 7 at 2 p.m. (and every Wednesday after that) I have been and will continue to be at Ava Roasteria in Lake Oswego (4847 Meadows Road #147, Lake Oswego, OR 97035. 503-305-6329) to meet with anyone who would like to talk real estate.bettyjung.com

I am happy to help as long as you do not have a signed listing agreement with another brokerage, and/or you have not signed a buyer brokerage agreement with another real estate broker.

Financing questions? I will have a loan officer/mortgage broker with me on occasion as well if you want to get pre-approved or have a question about financing.

You can always confirm that you will be there by texting me at 503.804.9685. Let me treat you to a cup of coffee or a latte. I hope to meet up with you soon.

Thinking of Selling Your Lake Oswego Home?

Prices are increasing at a fast pace in Lake Oswego. Interest rates are still low and there is a huge pool of buyer demand. I have ready, willing and able buyers ready to purchase your home. If you want to know the value of your home in today’s real estate market, please call me at 503-804-9685.

SEARCH FOR REAL ESTATE

There are links above to search for real estate.  I have a new website where you can search or you can use my mobile phone app as well. My website and mobile app provide you with access to all listings available on the RMLS™ system regardless of who the listing agent or brokerage may be. Listings are updated frequently throughout the day giving you the information you need, when you need it.

Moving to Lake Oswego?

Want to know more about Lake Oswego? I’d love to be your buyer’s agent, please give me a call at 503-804-9685.

I have worked in Lake Oswego as a Real Estate Broker since 1978 and have lived in Lake Oswego since 1988 and know all the neighborhoods! The real estate market is “hot” here in the Portland metro area and Lake Oswego. I am ready to assist you with all your real estate needs! “There is no substitute for experience.”

ALL ABOUT…..Lake Oswego Real Estate. Copyright 2008-2018. Betty Jung. All Rights Reserved. Use of this article, photos and images without permission is a violation of Federal copyright laws.

Once again there has been an update to our RMLS™ Rules and Regulations.  I recently wrote a post about “coming soon” properties but now there have some updates to the rule.  Here is the latest from our RMLS™:

COMING SOON PROPERTY LISTINGS

THE BASICSbettyjung.com

The Coming Soon-No Showing (CSN) status is for short-term use. Subscribers may use CSN to prepare a listing for Active (ACT) status. The listing may be in CSN status for no longer than 21 days and must have a valid listing agreement as well as seller approval. CSN status will indicate the listing firm and seller(s) are preparing the property for sale and marketing before the listing becomes active on RMLSweb. As such, CSN will be considered an off-market status as the listing is not actively being marketed and is not ready to be shown. Affiliate subscribers will not be able to view listings that are in CSN status, nor will CSN listings be included in statistical searches and reports.

USING CSN ON RMLSWEB

A listing agent will have the choice to publish a property as CSN. All required fields will still be required for a CSN listing and must follow all other input business rules. The required first photo will bear a watermark saying “Coming Soon-No Showings.” The Oregon and Washington listing contracts will be updated to allow seller(s) to choose between publishing the listing as ACT or CSN in RMLSweb or to exclude the property from the MLS.

Listings can stay in CSN status for up to 21 days. Listing Load will not allow a date further than 21 days in the future from being entered as the list date. If a listing agent submits a list date of fewer than 21 days in the future, the agent may extend the list date up until that 21st day—something that may come in handy if more time is needed to prep a property than was originally estimated.

The status of a CSN listing may be manually changed to ACT or WTH at any time during the 21 day period. When the list date is reached or the listing has been in the system for 21 days RMLSweb will automatically change the status of the listing to ACT at midnight. Once a listing is out of CSN status it cannot be reverted back, nor can properties that were once in CSN status be re-entered as a new CSN listing (exceptions: the property has expired or has been withdrawn for over 90 days; the property has been relisted with a new brokerage; or the property has been sold).

Open houses and broker tour offerings cannot be set up in Listing Load for a listing in CSN status. Listing View Count reports will still be available showing viewing counts from within RMLSweb, but Days on Market (DOM)/Cumulative Days on Market (CDOM) will not accrue while a listing is in CSN status.

RMLSWEB SEARCH AND CSN

CSN will not be included in the default status criteria when doing a new search—ACT and BMP will remain the two default statuses. CSN listings will be excluded from exported reports and consumer prospecting auto-emails. CSN can be searched with other statuses, included in a user’s watch list. CSN listings may be used to conduct a reverse prospect search or using Hotsheet. CSN listings are included in agent-only prospect notifications. CSN listing reports can be printed and emailed from RMLSweb, including client reports. The listings will state “no showings permitted” in showing instructions on agent reports, with the actual showing instructions hidden while in CSN status.

DATA FEEDS

CSN listings will be excluded from data feeds, including but not limited to RMLS.com, Realtor.com, HomeSpotter, IDX, VOW, and broker specific feeds.

AUTHORIZATION TO EXCLUDE

Listing agents will be able to submit the completed Authorization to Exclude from MLS Addendum directly into Listing Load on RMLSweb, eliminating the need to email or mail a copy to RMLS™. If a property is excluded, it will be for the full length of the listing contract, as the short-term option on the addendum will be eliminated. The property may be listed as active again once 30 days from the form’s expiration date have passed.

Thinking of putting your home on the market but not sure how this new rule plays with your long term plans?  Give me a call and I can sort it out for you.

SEARCH FOR REAL ESTATE

There are links above to search for real estate.  I have a new website where you can search or you can use my mobile phone app as well. My website and mobile app provide you with access to all listings available on the RMLS™ system regardless of who the listing agent or brokerage may be. Listings are updated frequently throughout the day giving you the information you need, when you need it.

Thinking of Selling Your Lake Oswego Home?

Prices are increasing at a fast pace in Lake Oswego. Interest rates are still low and there is a huge pool of buyer demand. I have ready, willing and able buyers ready to purchase your home. If you want to know the value of your home in today’s real estate market, please call me at 503-804-9685.

Moving to Lake Oswego?

Want to know more about Lake Oswego? I’d love to be your buyer’s agent, please give me a call at 503-804-9685.

I have worked in Lake Oswego as a Real Estate Broker since 1978 and have lived in Lake Oswego since 1988 and know all the neighborhoods! The real estate market is “hot” here in the Portland metro area and Lake Oswego. I am ready to assist you with all your real estate needs! “There is no substitute for experience.”

ALL ABOUT…..Lake Oswego Real Estate. Copyright 2008-2018. Betty Jung. All Rights Reserved. Use of this article, photos and images without permission is in violation of federal copyright laws.

Since I have lived in Oregon,  I can remember going to the Woodburn Tulip Festival practically every year. As a gardener and hobbyist photographer it is one of the many flower and garden events we have available here in Oregon and one I don’t like to miss.  I have not visited this year as yet, but it is on my calendar to go to Woodburn soon.copyright betty jung.com Copyright bettyjung.com

Woodburn Tulip Festival

If you have never been, or just have not gone this year as yet, the Festival started March 23 and runs through April 30 from 9 a.m. to 6 p.m. so you still have time to go.

Situated on 40 acres of stunning beauty, experience expansive views of vineyards, distant mountains, and a few mud puddles. Fresh flowers, food, and fun for the entire family, including well behaved dogs on leashes!

Here is the link to the farm for more information.

We here lucky here in Oregon as these events and the gardens are just starting.  The Woodburn Tulip Festival fittingly starts off the gardening/planting & blooming season for all of us to enjoy.  And, I promise if you go, you will want to go back year-after-year. As we progress through the year, I will try to post the many other garden events that will be opening soon too.

Thinking of Selling Your Lake Oswego Home?

Prices are increasing at a fast pace in Lake Oswego. Interest rates are still low and there is a huge pool of buyer demand. I have ready, willing and able buyers ready to purchase your home. If you want to know the value of your home in today’s real estate market, please call me at 503-804-9685.

SEARCH FOR REAL ESTATE

There are links above to search for real estate.  I have a new website where you can search or you can use my mobile phone app as well. My website and mobile app provide you with access to all listings available on the RMLS™ system regardless of who the listing agent or brokerage may be. Listings are updated frequently throughout the day giving you the information you need, when you need it.

Moving to Lake Oswego?

Want to know more about Lake Oswego? I’d love to be your buyer’s agent, please give me a call at 503-804-9685.

I have worked in Lake Oswego as a Real Estate Broker since 1978 and have lived in Lake Oswego since 1988 and know all the neighborhoods! The real estate market is “hot” here in the Portland metro area and Lake Oswego. I am ready to assist you with all your real estate needs! “There is no substitute for experience.”

ALL ABOUT…..Lake Oswego Real Estate. Copyright 2008-2018. Betty Jung. All Rights Reserved. Use of this article, photos and images without permission is a violation of Federal copyright laws.

Have you noticed some black stains on your siding due to our weather here in Lake Oswego?  Are you concerned about it? Have you checked the siding on your home?

Lake Oswego Real Estate Maintaining Your Siding

I have noticed some spots on my siding that I have been concerned about too although it isn’t too bad as yet. Today I received an email from my favorite vendor that addressed that issue so I thought I would share it with you too. This picture is of a home I recently saw that illustrates exactly what I am referring to. When was the last time you checked the siding on your home?Copyright bettyjung.com

Maintaining Your Siding

During last week’s slightly warmer weather, you may have been in your yard and noticed areas on your siding that looked dirty, or even black.  Especially on the north or other shady sides of your home. You can see photos of what I’m talking about (and after photos of clean siding) here: https://www.facebook.com/actioncleaningteam/posts/10155929638100399

We have been getting a number of calls about cleaning siding. Sometimes it’s because the HOA wants a clean-up. Sometimes people are worried about damage to siding.

What causes the black areas? It is usually the result of organic material (dirt and dust) adhering to the siding. This provides nutrients for mold, mildew and algae (which are airborne) to grow. Some of the molds and mildews can stain your siding.

Stains on some siding can be painted over after cleaning. Other types of siding, such as aluminum or vinyl have factory-applied coatings, and are not easily repainted. If these types of siding get stained, there is not much you can do about it.

Does the black stuff damage siding? From a structural standpoint, the damage is usually minimal. However, there are some good reasons to clean the black stuff off your home.

First, if you are part of an HOA, you may be required to do so.

Second, even if you aren’t part of an HOA, keeping the black stuff cleaned off will make your home look well-maintained, increasing its eventual re-sale value.

Third, keeping your home looking well-maintained may help keep your insurance rates from going up. We know that a lot of companies now require your roof to be clear of moss to remain insured. Some companies may take into account overall maintenance, as well.

Finally, it’s just nice to drive up to a nice, clean-looking home, and cleaning the exterior every so often helps with that feeling.

What are your options for cleaning your siding?

  • Most siding can be pressure washed. This should be done professionally, as improperly handled pressure washing has the potential to damage siding.
  • We often use our Gentle Wash process for siding, which is easier on the surface. It is a two-step process. First, we apply a pre-clean solution and let it soak on the siding. Then we rinse it off with a special nozzle that does not create as much pressure on your siding. This is a great option for almost any kind of siding.
  • If you have exposed wood siding, such as shakes, we recommend our Green Clean process using an oxygen-based cleaner to lift debris and then a low pressure water rinse.

Source:  Action Northwest

Thinking of Selling Your Lake Oswego Home?

Prices are increasing at a fast pace in Lake Oswego. Interest rates are still low and there is a huge pool of buyer demand. I have ready, willing and able buyers ready to purchase your home. If you want to know the value of your home in today’s real estate market, please call me at 503-804-9685.

SEARCH FOR REAL ESTATE

There are links above to search for real estate.  I have a new website where you can search or you can use my mobile phone app as well. My website and mobile app provide you with access to all listings available on the RMLS™ system regardless of who the listing agent or brokerage may be. Listings are updated frequently throughout the day giving you the information you need, when you need it.

Moving to Lake Oswego?

Want to know more about Lake Oswego? I’d love to be your buyer’s agent, please give me a call at 503-804-9685.

I have worked in Lake Oswego as a Real Estate Broker since 1978 and have lived in Lake Oswego since 1988 and know all the neighborhoods! The real estate market is “hot” here in the Portland metro area and Lake Oswego. I am ready to assist you with all your real estate needs! “There is no substitute for experience.”

ALL ABOUT…..Lake Oswego Real Estate. Copyright 2008-2018. Betty Jung. All Rights Reserved. Use of this article, photos and images without permission is a violation of Federal copyright laws.

Lake Oswego Events April 2018Copyright Betty Jung

It’s Spring in Lake Oswego and time to get outdoors.  Lots to do this month:

Trains, Trains, Trains – Exhibit at City Hall. 1st Floor. 380 A. Avenue, Lake Oswego

Lake Oswego Photo Contest. Photos can be submitted on-line.  Contest ends September 7 at 5 p.m. For details go to www.lakeoswego.city/publicaffairs/photo-contest

April 1-7 – Arbor Week

Arbor Day is America’s National Tree Holiday and is observed on the last Friday of April to celebrate the role of trees in our lives and to promote tree planting and care.  Learn more at www.arborday.org/arborday/oregon

The Lake Oswego Library will have tree-themed books on display all week. For more Arbor Week activities you can find them here.

Now through April 15 – People’s Choice Award from the Gallery Without Walls. Visit http://artscouncillo.org/peoples-choice-2018/ for more info and to vote on-line.

April 6 – 5 – 7 p.m. First Friday Opening @ LO Adult Community Center

Honoring Our Rivers. This student art show will be in collaboration with Willamette Partnership and their annual “Honoring Our Rivers” anthology. The exhibition and First Friday Opening, April 6, 2018, will be at the Lake Oswego Adult Community Center located at 505 G Avenue in LO.

All other programming will be at the 510 Museum & ARTspace.

April 7 – Trillium Festival and Native Plant Sale – 10 a.m. to 4 p.m. Tryon Creek State Park.

April 21Community Shred Day. 9 a.m. to 12 p.m. Yakima Headquarters (formerly West End Building, 4101 Kruse Way). 2 supermarket shopping bags ONLY.

April 25 – 5 p.m. to 8 p.m. Emergency Preparedness Fair. Palisades. 1500 Greentree Road, Lake Oswego.

April 28 – Drug Take Back Day 10 a.m. to 2 p.m. at the Adult Community Center (505 G Avenue, Lake Oswego). Any questions contact 503-675-3992.

Events

Have an event you’d like advertised here?  If it is in Lake Oswego, send me an email and I will gladly post it here. I post Lake Oswego events monthly, so if you know of an upcoming event, or one in the current month not posted here, please let me know.

More Activities In Lake Oswego

There are other activities and events at Lake Oswego Parks & RecreationLake Oswego Public Golf CourseLake Oswego Adult Community Center, Lakewood Center for the Arts,  Lake Oswego Calendar, Lake Oswego Arts Council and the City Library.

Thinking of Selling Your Lake Oswego Home?

Prices are increasing at a fast pace in Lake Oswego. Interest rates are still low and there is a huge pool of buyer demand. I have ready, willing and able buyers ready to purchase your home. If you want to know the value of your home in today’s real estate market, please call me at 503-804-9685.

SEARCH FOR REAL ESTATE

There are links above to search for real estate.  I have a new website where you can search or you can use my mobile phone app as well. My website and mobile app provide you with access to all listings available on the RMLS™ system regardless of who the listing agent or brokerage may be. Listings are updated frequently throughout the day giving you the information you need, when you need it.

Moving to Lake Oswego?

Want to know more about Lake Oswego? I’d love to be your buyer’s agent, please give me a call at 503-804-9685.

I have worked in Lake Oswego as a Real Estate Broker since 1978 and have lived in Lake Oswego since 1988 and know all the neighborhoods! The real estate market is “hot” here in the Portland metro area and Lake Oswego. I am ready to assist you with all your real estate needs! “There is no substitute for experience.”

ALL ABOUT…..Lake Oswego Real Estate. Copyright 2008-2018. Betty Jung. All Rights Reserved. Use of this article, photos and images without permission is a violation of Federal copyright laws.

Contact Betty Jung

Betty Jung, Broker
REALTOR®
CRS, GRI, ABR, SRES, CNHSS

MORE Realty, Inc.
14945 SW Sequoia Parkway, #150
Portland, OR. 97224

503-804-9685 Cell

or email:betty@bettyjung.com

"Selling Real Estate Since 1978. There Is No Substitute For Experience!"

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