Waluga Park In Lake Grove
Mission Homes has just completed two fabulous new homes. One more is within 60 days of completion. These are ready for immediate occupancy. US Bank has some nice financing ready to go at attractive rates. Homes are available for viewing by calling John DeCosta at 503-702-0856 cell. Open Houses most weekends from Noon to 2 PM.
Mortgage applications update. Less refinances…
https://www.calculatedriskblog.com/2021/04/mba-mortgage-applications-decrease-in.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+CalculatedRisk+(Calculated+Risk) MBA: Mortgage Applications Decrease in Latest Weekly Survey by Calculated Risk on 4/07/2021 07:00:00 AM From the MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey Mortgage applications decreased 5.1 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 2, 2021. … The Refinance Index decreased 5 percent... Read More »
Update from Portland Business Alliance.
https://portlandalliance.com/news/2021-02-24/2021-regional-economic-toolkit.html
State of Oregon Economics Update on Housing.
COVID-19 and Oregon's Housing Outlook from Oregon Office of Economic Analysis
Open House, July 7th, 2020, 1575 Country Commons Lane, Lake Oswego, Or 97034. 11 AM to 1 PM.
Come see Lake Oswego’s newest estate home. Located on the North side of the Lake, with easy commute to downtown Portland and all of the activities in the Village of Oswego. Walk to LO Sr and LO Jr. High Schools. This home is all on one level with Library, Bonus room, Outdoor living with fireplace, room for Pool and Gazebo... Read More »
Mission Commons Grand Opening, Feb 23 & 24, Saturday and Sunday 1 – 3 PM
Located on Amber Place at Country Commons Lane. Huge views of Mt. Hood. Award Winning Lake Oswego Schools: Walk to Lake Oswego Jr. and Lake Oswego Sr. High School. Forest Hills Elementary School. Homes are now complete and available for immediate occupancy. $1.5 Million each. Lot 2 is sale pending. Call John DeCosta, 503-702-0856 for more information.
Lake Oswego Open House March 11 & 12
Friends, We expect a large crowd this weekend at the Open House at 13599 Meadowcreek, Lake Oswego, Or 97034, in Popular “Westlake Reserve”. http://www.decosta-properties.com/property/13599-meadowcreek-lane-lake-oswego-2/ Click for listing details. Cheers, John DeCosta We look forward to seeing you this weekend at the Grand Opening of Westlake’s newest showpiece. 4 bedrooms, Library, Bonus Room, plus “Crow’s Nest” getaway room. Walk... Read More »
Mortgage Rates at New 2016 Lows
by John DeCosta, Keller Williams Portland Premiere Great news on interest rates. Here is the latest from Freddie Mac. Mortgage Rates at New 2016 Lows April 7, 2016 Mortgage rates this week registered the delayed impact of last week’s sharp drop in Treasury yields as the 30-year mortgage rate fell 12 basis points to 3.59 percent. This rate marks a... Read More »
Case Shiller, March 2016 Results
by John DeCosta, Keller Williams Portland Premiere It is always helpful to view the Case Shiller results. Although real estate is a very local oriented market, it is interesting to see the national trends. Here is the latest. http://us.spindices.com/indices/real-estate/sp-case-shiller-20-city-composite-home-price-index
Oregon Job Gap Info
Oregon Jobs Gap by Region from Oregon Office of Economic Analysis
Feb 2016, RMLS Market Action
Here is the latest on the Hot Portland Market. by John DeCosta, Keller Williams Portland Premiere Feb 2016, Market Action full report
RMLS Market Action January 2016
by John DeCosta, Keller Williams Portland Premiere Here is the latest as we move into 2016. http://www.rmlsweb.com/v2/public2/loadfile.asp?id=8716
Who is moving to Oregon?
By John DeCosta, Keller Williams Portland Premiere Realtors. The State of Oregon keeps many stats on the economic environment. Here is the scoop on who moved to Oregon in 2014. I think many of the retirees are returning to Oregon from the Sunbelt. We have had many folks go to Scottsdale and Palm Springs, but they return after a... Read More »
December 2015, RMLS Market Action
Here’s Decembers update. http://www.rmlsweb.com/v2/public2/loadfile.asp?id=8660
Oregon economic index surges
by John DeCosta, Keller Williams Portland Premiere. Oregon continues to shine. See all the details. Oregon economic index surges January 7, 2016 University of Oregon Regional Economic Indexes By Tim Duy Oregon Economic Forum University of Oregon The Oregon Measure of Economic Activity surged in November to 1.38, up from 0.75 the previous month. The three-month moving average, which... Read More »
Reasons to buy a home in 2016
This caught my eye. Seems reasonable. Many of our clients mention these reasons and a few more. John DeCosta, Keller Williams Portland Premiere 6 Stellar Reasons to Buy a Home in 2016 By Kimberly Dawn Neumann 6:30 am ET December 28, 2015 Photos: papparaffie/iStock Is it really 2016 already? For those of you who happen to be planning on buying... Read More »
National RE Hot spots and cooling spots…
For the data divers amongst us, here is some national views of the hot an not hot markets. It is always amazing how diverse the real estate market is. Enjoy! John DeCosta, Keller Williams Portland Premiere 503-702-0856 [email protected] The number of homes nationwide gaining value on a monthly basis are expected to fall by 12 percent over the... Read More »
Flocking to Oregon.
http://www.cnbc.com/2016/01/05/why-people-are-flocking-to-oregon.html
Oregon is the most popular state to move to…
Passing along some positive news about the Oregon attraction. We are getting very favorable reviews and many folks headed our way. Here is the national story, John DeCosta, Keller Williams Portland Premiere Click to view the story
Interest Rates ? What is coming up…
by John DeCosta, Keller Williams Portland Premiere 503-702-0856 When I started in the Real Estate Field in 1976, I was a graduate student at the Business School at the U of O. Interest rates were extremely important to all predictions of the coming real estate market conditions. It seemed that back then the cost of financing a home was a... Read More »
Celebrity House Sales in 2015
It is always fun to let your mind wander from your daily schedule to the strange and wonderful world of people with outrageous incomes and budgets. Here are some highlights of the 2015 celebrity housing news. I am stunned at the amount of prices that homes in some locations can command. It’s all about supply and demand. We are fortunate... Read More »
Here’s who bought the 15 most-expensive homes sold in Portland in 2015
This slideshow is interesting. We are proud to be included in the list of the top sales in Portland for 2015. We represented the seller of the home on Finis Lane in Tigard, # 11 in the slideshow. The last 2 properties in this slideshow were actually development sites, and not just expensive homes. We do our work within strict... Read More »
November 2015, RMLS Market Action
Winter is here, and the market is getting colder. by John DeCosta, Keller Williams Portland Premiere. http://www.rmlsweb.com/v2/public2/loadfile.asp?id=8619
Housing Predictor Magazine looks at Oregon
We are always looking for information on the real estate market at the moment. It is interesting how different people see the same market quite differently. Here is an article that appeared in the Housing Predictor Magazine this month. We would enjoy knowing your thoughts. Pop us an email…. John DeCosta 2015 Oregon Housing Market Predictions The 2015 housing... Read More »
Economic update
I am always interested in the state of the economy. Housing is a big part of what makes America grow and prosper. Here is this weeks highlights from Eagle Mortgage newsletter. John DeCosta It’s December and we’re officially in the holiday season. Last week was short due to Thanksgiving, but jam packed with important economic data pertinent... Read More »
Sept. 2015, Case Shiller Details
This info is very interesting. The wild swings of the last 7 years were unprecedented. Take a look at how the recovery was splintered across the many RE Markets in America. The stock market was buoyed by the tidal wave of new money from the Fed. The Real Estate Markets follow real economic principles. John DeCosta, Keller Williams... Read More »
California’s Ho-Hum Housing Market is Disturbingly Flat and Unexciting
California is a having a slowdown in their real estate market. Oregon continues with gusto. Check out the details, John DeCosta Keller Williams Portland Premiere View the California report Real Property Report – California, October 2015 Flat is the New Black California’s Ho-Hum Housing Market is Disturbingly Flat and Unexciting CALIFORNIA, NOVEMBER 18, 2015 – Seasonal forces continued... Read More »
Stafford Acreage with View, Sold in 2015
What a great building site near the Oregon Golf Club. A fabulous new home will be created here in 2016. 2 blocks from the 2016 Street of Dreams at Tumwater. Call us if you have buildable land in Southwest Portland. Buyers are anxious, Sellers are desperately needed and welcome ! John DeCosta, Keller Williams Portland Premiere 503-702-0856 cell
RE Market Update from the Oregonian
We are always looking for the inforation that best explains what is happening in our real estate market. Metro recently decided not to expand the Urban Growth Boundary. That leaves the supply of buildable land fixed for the short term future. We are expecting 400,000 new residents in Portland in the next 20 years. The available land inside the boundary... Read More »
Student Debt, Harvard Study
Harvard has just published the details on the student debt situation. This may play heavily in the market for first time buyers of homes. The trend to renting rather than buying has many origins. The student debt issue is well explained in the follow information. John DeCosta, Keller Williams Portland Premiere The Impact of Student Loan Debt on the Housing... Read More »
Community Events for November 2015
Thanks to Chicago Title, Here are some Community Events that you may Enjoy ! Patty Griffin November 3, 2015 8:00pm Crystal Ballroom Free First Thursday November 5, 2015 11:00am-8:00pm Museum of Contemporary Craft Murder Mystery Machine November 5-7, 2015 7:00pm Funhouse Lounge Build Small Live Large Summit A Housing Market Revival November 6, 2015 8:00am-7:00pm PSU Smith Center PurpleStride... Read More »
California RE Market begins to slow down
Our neighbor to the South has a profound effect on our RE market. This is a new study that suggests that California is slowing down. Check out all the details, John DeCosta, Keller Williams Portland Premiere Click to view this report
Portland State Real Estate Reports, 2007-2015
For the data geeks like me, This level of detail is hard to find. Here is some of the most complete information about the Portland Oregon Real Estate Market. John DeCosta Great Data from Portland State Real Estate Program, for your review… Thought I would pass it along, Center for Real Estate Quarterly at Portland State University PSU’s Center for Real... Read More »
September 2015, RMLS Market Action
Here is the data on how the market is going in Portland, Oregon. John DeCosta RMLS market Action, October 2015
Lake Oswego Waterfront Data, last 24 months
Lake Oswego Lakefront Home Data. Active, Pending, Sold and Closed in the last 24 months. John DeCosta Please click the link below… View Report View ReportSuccessfully Serving your Real Estate Needs txtDeCosta-Properties, Principal Brokers Keller Williams Realty, Portland Premiere 4260 Galewood Lane, Lake Oswego,Or 97035 503-702-0856 John’s cell [email protected] www.decosta-properties.com www.decostarealestate.comtxt www.DeCosta-Properties.com
Submarket Updates, October 13, 2015
Keep up to date on how the real estate market is performing at this moment. John DeCosta TMO, Beaverton, Single Family, 10-13-2015 TMO, Greater Portland, Single Family, 10-13-2015 TMO, LO:WL, Single Family, 10-13-2015 TMO, Tigard, Tualatin, Wilsonville, Sherwood, Single Family, 10-13-2015 TMO, West Portland, area 148, Single Family, 10-13-2015
Hot August Nights, Lake Oswego, 2015 Video
What a great year for weather in Lake Oswego. Here is the video of the Hot August Nights party on the lake. What a great event. Turn out was amazing. Lake Oswego is truly special, John DeCosta
Portland State Real Estate Reports 2007 – 2015
Great Data from Portland State Real Estate Program, for your review… Thought I would pass it along, Center for Real Estate Quarterly at Portland State University PSU’s Center for Real Estate Quarterly publication is a snapshot of the commercial real estate and housing markets in the region. Each issue has several feature articles about real estate and development in the Portland area... Read More »
“Breakfast with John” Slides from our event at Oswego Lake Country Club
For those who were not able to attend, here is the outline of our event, John DeCosta Breakfast with John, October 8, 2015 slides in pdf
September National RE Video
Here is the latest info on the National Real Estate Market for you to view, John DeCosta, Keller Williams Portland Premiere
Very detailed look at the market
Take a look at one of the most detailed reports on the real estate market for Portland, Oregon and beyond. WFG Portland Market Statistics_SEP 2015
Corelogic’s view of the Market
Click to view Corelogic’s look at the economy. John DeCosta CoreLogic Home Price Insights Report, September 2015
Interactive Lake Oswego Home prices, 2006 – 2015
Very intersting video that explains the Lake Oswego Real Estate over the last 9 years. This video shows the appreciation rates over the years in a nice presentation. Although real estate submarkets can behave independently, this video shows a consistency in Lake Oswego, that is impressive. Having a world class school system greatly aids the Lake Oswego housing market achieve... Read More »
Interest Rates over the last 10 years
We are asked about interest rates every week. Here is the last 10 years. John DeCosta, Keller Williams Portland Premiere
Portland Real Estate Market Updates 9-16-2015
Our real estate market is made up of many submarkets that act independent of each other. The price level and the location can result in drastically diferrent results. Take a look around Portland in the following charts and see what I mean. John DeCosta TMO Report, Greater Portland, Single Family, 9-16-2015 TMO Report, Lake Oswego:West Linn, Single Family, 9-16-2015... Read More »
Proud of my kids, John DeCosta
Very proud of my kids ! John DeCosta Alicia works on marketing for one of Portland’s top remodelers. She is tech savvy, and understands what it takes to make real estate sales… Long hours, but great results. Nicole is a professional writer, TV anchor, singer/musician, and internet media marketer. Both bring great joy to this happy dad. Nice colaboration,... Read More »
California Slows Down…
Many of our best buyers are coming in from California. This report is a little disturbing. We will keep an eye on the California market as an indicator of our market trajectory. John DeCosta Real Property Report – California, August 2015 California Sales Stuck in Doldrums, Down 13.1 Percent from July Median Price Falls 1.2 Percent to $415,000 CALIFORNIA,... Read More »
Lake Oswego Weekly Market Stats… Market is slowing, but still very good
The market is slowing a bit. Many attribute it to the back to school diversion. We shall see as we move into the fall and winter market. John DeCosta
Half of the Homebuilders Nationally have left the business…
Half of homebuilders have disappeared. We noticed big changes in the market for homebuilders, Wow, half are gone. John DeCosta September 14, 2015in Market Analysis Leave a comment Share ! One reason that new home construction isn’t keeping up with the demand to provide more inventory is the devastation that has taken place in the home building sector. About... Read More »
12000 SW Malloy, Pleasant Hill, Sherwood/Wilsonville $1,599,500
Luxury Homes Magazine, Malloy Cover
Housing market cools slightly, but sales remain high and inventory low, The Oregonian
Everyone has an opinion of what the real estate market has coming. Some are right, some are wrong, but it is interesting to view the reasons sited. Here is an Oregonian headline and article that focuses on the tight inventory in our market. John DeCosta Housing market cools slightly, but sales remain high and inventory low Villebois neighborhood... Read More »
Lake Oswego Demolition Permits, Not all are in First Additon !
Here are the stats for the demo permits in Lake Oswego. Since our town is not growing outward, many buyers will purchase a property and remove the home in order to create a building site for a new home. This increases our tax base dramatically. The City earns millions in Building permit fees, and the neighborhoods get a new and... Read More »
Wilsonville is Sizzling and Growing
Take a look at how our region is growing. The builders have few lots to choose from, but here are where they are finding lots and the new homes are selling very well.
25481 SW Newland Place, Stafford Estate, Wilsonville, Or 97070 $1,495,000
We are showing this beautiful home again this morning. What a setting in the Street of Dreams neighborhood at the Stafford Quarry. 5 acres and 5,000+ square feet, 5 car garage. Enjoy the video… John and Priscilla
September 2015, National View
5.6 Million sales shows a steady increase in the national market. 3.93% on the mortgage rates is very good news. John DeCosta
September 10, 2015 Lake Oswego Single Familiy Market by Price Segments
TMO REPORT, LAKE OSWEGO-WEST LINN, SINGLE FAMILY, 9-10-2015
August 2015, RMLS Market Action
August 2015, RMLS Market Action
12000 SW Malloy, Pleasant Hill Neighborhood, Sherwood, Or 97140 $1,499,500
5 acres, 7000 Christmas trees, creat complete privacy, yet so close to everything. 30 palm trees surround the incredible pool and entertaining area. Master on the main, Guest wing, cabinetry and quality is amazing. The home theater is world class. Make a time to view this special home…. John and Priscilla
Portland for 100 Years, Breathtaking video
Yesterday’s Tomorrow – A Portland Journey Beautiful video of the history of Portland. Enjoy…
3457 Cascade Terrace, West Linn, Or 97068 $2,299,500
Fabulous one level Executive Estate home in West Linn, Behind Private Gates, and with a view of Mt. Hood. Luxury Homes Magazine, 13.3, 3457 Cascade Terrace
The August National view from Keller Williams
It might be a good time to sell is the advice from the national scene. Prices have rebounded to almost the peak levels of 2006 and 2007. Give us a call if it is your time to consider a sale. John DeCosta
3457 Cascade Terrace, West Linn, Or 97068 $2,299,000
Almost unimaginable quality and setting. Gated private community on the pinnacle of West Linn. 6,000+ square feet, all buy the theater on are one level. Watch the video for all the breathtaking details…. John and Priscilla
Oregon Economist Christian Kaylor Talks Portland Economy
Published on Aug 20, 2015 Portland-based Christian Kaylor offers a summer 2016 economic update for Oregon and the Portland metro area. Jobs, population growth, wages and more are all highlighted in this engaging and data-driven presentation. Christian gives us some great info on the Oregon Economy and what the future will likely look like, John DeCosta
July 2015, Portland Market Statistics
Portland Market Statistics_JUL 2015
July 2015, RMLS Market Action
July 2015, RMLS market Action
NAR Chief Economist speaks in Oregon,
Dr. Lawrence Yun is the chief Economist for the National Association of Realtors. He visited Oregon and made an a very thorough presentation.
July National Update
Continued growth and expansion of the real estate market. Not a blistering pace, but a good trajectory for the future, John DeCosta, Keller Williams
July National view
The national market continues to improve. Oregon Leads the way, John DeCosta
June 2015, Portland Market Statistics
Portland Market Statistics_JUN 2015
June 2015, RMLS Market Action
June 2015, RMLS Market Action
A Fabulous Look at the Oregon Coast
These videos are stunning. The Oregon Coast is one of my favorite places…. John DeCosta
June 2015, National view from Keller Williams
Sales dipped to 5.4 Million. $219,400 is the average American home value. Mortgages up to 3.84%. Can you remember the early 1980’s when rates exceeded 15%. John DeCosta
Quick trip around Oregon, Wow….
We live in a very special place. Incredible… John and Priscilla
May 2015, Portland Market Statistics
Portland-Market-Statistics_MAY-2015
May 2015, RMLS Market Action and Portland Market Statistics
May 2015, RMLS Market Action Portland-Market-Statistics_MAY-2015
US Economy 2016 – US Economic Outlook 2015 – Monetary Policy
Another look at the National Economy, with an emphasis on Monetary Policy. Correctly predicting the trajectory of the US Economy is impossible, but everyone keeps on trying. Take a look at what this talented economist is saying. Lael Brainard is exceptionally bright. John DeCosta
May 2015, National View
National Association of Realtors shows sales increase, prices rose 7.7% over last year. Interest rates drop to 3.6 %. John DeCosta
April 2015, Portland Market Statistics
Portland-Market-Statistics_APR-2015
April 2015, Portland Market Statistics for your review
Greater Portland, Market Stats, April 2015
April 2015, RMLS Market Action and Portland Market Statistics
April 2015, RMLS Market Actin Greater Portland, Market Stats, April 2015
Finding Portland… Beautiful video
Images of Portland. We see these scenes everyday, but somehow they look better in this video… John and Priscilla
April 2015, Sales continue to rise nationally
NAR projects sales increased to 4.9 Million. Prices up to $202,600, up 7.6% from last year. Interest rates up to 3.78% John DeCosta
March 2015, Portland Market Statistics
Portland-Market-Statistics_MAR-2015
March 2015, RMLS Market Action
March 2015, RMLS Market Action
Lake Oswego, State of the City, by Mayor Studebaker
We are very fortunate to have Kent Studebaker as the Mayor of Lake Oswego. Here is the video of the State of the City, 2015.
Lake Oswego Chamber of Commerce Annual Dinner is fun…
Once a year eveyone let’s go just a bit and has so much fun. We enjoy a wonderful place to live, Check it out. John and Priscilla
February 2015, Portland Market Statistics
Portland Market Statistics_FEB 2015
February 2015, RMLS Market Action, Portland Market Statistics, Portland Demographics
Febrauary 2015, RMLS Market Action Portland Market Statistics_FEB 2015 Feb-2015, Portland Demographics
Vincent Johnson Fundraiser, From the LO Review
We just love when John is quoted in the paper! He has been a staunch supporter of Vincent Johnson, an “up and coming” golfer heading to the PGA tour. Here’s the whole article: http://portlandtribune.com/lor/52-sports/251319-119380-promising-golfer-gets-big-boost-from-lo#disqus_thread
The Economy: Oregon and Beyond — One Small State in a Big Flat World
Kimberly Clausing, with her thoughts on the Oregon economy and Oregon’s place in the great big world. Tom Potiowsky is her guest speaker. He is always a joy to listen to. John DeCosta Published on Feb 22, 2015 Presented on January 13, 2006 Kimberly Clausing, Associate Professor and Chair, Economics Department, Reed College; Mary King, Professor and Chair, Economics
January 2015, Portland Market Statistics
Portland Market Statistics_JAN 2015
January 2015, RMLS Market Action
January 2015, RMLS Market Action
Loan Delinquencies At Record Low
Unless you’re in the short sale negotiations business, this is some pretty good news. It’s a great indication of the growth that we’ve been experiencing in the economy. In the real estate business, most conversations about the economy over the last several years have been focused on past problems. We think 2015 will be... Read More »
December 2014, Portland Market Statistics
Portland_Market_Statistics_DEC_2014