Brian Buffini, a highly successful Realtor in his own right and one of the nation’s leading business coaches, recently shared his Bold Predictions answering some of the questions buyers and sellers all have about the real estate market.
Where are interest rates headed? Come Spring of 2024, Buffini believes the rates are going to drop several times, bringing us to 5.75% by the end of the year and 5.25% the following year, ending at 5.0. In all likelihood, short of another global or national emergency, we won’t be seeing those historically low rates again of 2 and 3% which were artificially manufactured.
What’s the magic number to get buyers back into the market? Homebuilders who have brought rates down below six percent have been moving homes, so it appears that getting under that number is the sweet spot to trigger buyer action.
What’s the state of the market? There is a huge pent-up buyer demand and a buildup of sellers wanting to sell. Consider this: 45.4 million people are in the household formation stage of their lives—that’s the largest number of people in that space in the history of the country, so there are lots of people in the “on-deck” circle ready to spring into action once the rates go down. That picture is reinforced by the strong employment picture coupled with increasingly high rents, making home ownership look more attractive once the rates drop.
On the supply side, there is a pent-up desire for sellers to move. Even though their lifestyles have changed (they’ve become empty nesters, their kids have moved away, physical limitations call for a different floorplan), they keep holding on to a house that no longer fits them because they can’t part with those low-interest rates. Other reasons for moving include needing a bigger space, wanting a vacation home, or wanting to cash in on all the equity sitting in their home.
Admittedly we are coming out of slow housing market. In 2023 transactions nationwide were down from 5.1 million to 3.9 million (a 20% drop). Lake Oswego experienced a 14% drop in homes sold from 590 in 2022 Year-to-Date to 506. Buffini projects 4.6 million sales in 2024, followed by 5.3 million in 2025.
What does that mean for the future? It means that buyers have a strategic decision to make—when to enter the market. Because once that tipping point in terms of interest rates happens, buyers will be coming out of the gate in droves and we may see bidding wars again like we did in the pandemic.
Our advice. Start getting yourself ready now to take action when the strategic timing seems right. That means making your wish list, meeting with a lender, and sitting down with a hyper-local Realtor like my daughter or myself to identify the areas where homes are most likely to match your “wish list” and your “can afford” list. We know this market and can put our knowledge, expertise and connections to work to help you make your next (or first) move your best one!
Kevin Costello 503.939.9801 kevin.costello@cascadehassonsir.com
This summer my wife and I treated her brother and sister to a performance of The Marvelous Wonderettes at the Lakewood Theatre Company. And just in the last month, we have enjoyed two theater performances—The Little Shop of Horrors in the Lakeridge High School Auditorium and Home for the Holidays at the Broadway Rose Theater in Tigard. The intimate settings of all three venues—where there’s not a bad seat in the house—reminded us of why we enjoy going to local productions.
Often the price of admission makes the performances more enjoyable as well. With that in mind, I’ve put together a roundup of local holiday productions in and around Lake Oswego for you to consider if you’re looking for a traditional favorite (like Rudolph the Red-Nosed Reindeer) or something out of the ordinary (like A Drunk Christmas Carol).
LAKEWOOD THEATRE COMPANY
IRVING BERLIN’S HOLIDAY INN and MARY POPPINS SOLD OUT!. All remaining performances are sold out so be sure and snag your tickets early for next year’s holiday performances!
THE PEPPERMINT BEAR SHOW: WHO NEEDS SNEEDS. Christmas is just around the corner and the Peppermint Bear and Santa’s elves, are rehearsing for their Christmas show when the evil Sneed brothers show up plotting to take Santa’s Christmas gifts before his yearly sleigh ride on Christmas Eve. Will they be able to stop the brothers before they ruin Christmas?
The Peppermint Bear show is a classic at Lakewood Theatre Company and it’s perfect for families and full of holiday cheer. Each year a new 45-minute episode is presented. A light continental breakfast with rolls, juice, and coffee is provided. It’s a show that is perfect for ages 3-103. Doors open 20 minutes before each show. Tickets: $20/Adults; $15/Kids. Shows offered December 10, 16 (SOLD OUT) 17 at 11:00 a.m. and December 19, 20, 21, 22 at 9:00 a.m. and 11:00 a.m. Side Door Stage at the Lakewood Center for the Arts, 368 S. State Street, 503.635.3901.
BROADWAY ROSE THEATRE
HOME FOR THE HOLIDAYS. Passengers bussing home to Chicago for the holidays find themselves stuck in Iowa when a blizzard shuts down the highway. Forced to spend Christmas Eve at a deserted bus depot, they make the best of a bleak situation and get into the Yuletide spirit with many of your favorite holiday songs and new ones you may have never heard. This lighthearted revue is a festive pick-me-up for anyone seeking holiday cheer! Plays now through December 23 at the New Stage Theater in Tigard. Tickets: $20 to $52, but from our experience, there’s not a bad seat in the house! 12850 SW Grant Avenue in Tigard.
NORTHWEST CHILDREN’S THEATER
RUDOLPH THE RED-NOSED REINDEER. The holiday classic soars off the screen in this musical adaptation of the beloved television special. Because of his shiny nose, Rudolph doesn’t feel like he belongs in Christmastown and sets off to find a place that accepts him. Along his journey, he encounters fellow misfits, only to realize that home is where he has belonged the whole time. When a storm threatens to keep Santa’s sleigh from taking flight, it’s up to Rudolph to save Christmas! Most enjoyed by ages 3 and up. Tickets: $25-$35 General Admission. Plays through January 28. The Judy, Northwest Children’s Theater, 1000 SW Broadway Avenue, T-100.
CATALYST PRESENTS: ANNIE, JR. With equal measures of pluck and positivity, Annie is determined to find the parents who abandoned her on the doorstep of a New York City orphanage in the 1930’s. Confident that “the sun will come out tomorrow”, she finds a new home with billionaire Oliver Warbucks and his personal secretary, Grace — but will the cruel Miss Hannigan get in their way of becoming a family? Most enjoyed by ages 5 and up. Tickets: $10-$15 General Admission. Plays from December 16 -23. The Judy, Northwest Children’s Theater, 1000 SW Broadway Avenue, T-100.
EXPERIENCE THEATRE PROJECT
A DRUNK CHRISTMAS CAROL. This promises to be something you may have never experienced before. One professional actor downs five shots of whiskey, then attempts to perform in the role of Scrooge in Dickens’ most famous Christmas story. A troupe of professional improvisers try to keep the classic story on the rails, but risk being completely sidetracked by wacky audience suggestions, a wheel of accents, an ugly sweater contest, holiday hors d’oeuvres, a wine raffle, and gift giveaways throughout the night. This kind of show is lovingly ripped off of the format for Drunk Shakespeare (NY). Plays once on December 16 with doors opening at 6:00 p.m. for themed cocktails and mochtails, along with holiday- themed hors d/oeuvres. The show starts at 7:30 p.m. Tickets $45-$225. The Greatroom, 15900 SW Regatta Lane, Beaverton.
BAG & BAGGAGE PRODUCTIONS
WHO’S HOLIDAY! A COMEDY WITH A TWIST OF RHYME. The beloved Cindy Lou Who from “How the Grinch Stole Christmas” is all grown up and boy does she have a story to tell! While preparing her trailer for a Christmas party Lou Who lets the audience in on the good, bad, and ugly of her life since meeting the Grinch. Matthew Lombardo’s “…raunchy riff on Dr. Seuss’ yuletide tale” will leave you in stitches and filled to the brim with holiday cheer. Tickets are sold on a pay-what-you-will basis starting at $20, and going up in $5 increments. Plays through December 17. The Vault Theater. 350 E. Main Street, Hillsboro.
THEATRE IN THE GROVE
SCROOGE! THE MUSICAL! Experience the timeless tale of redemption, hope, and holiday spirit in this musical. Enchanting melodies, dazzling dance numbers and heartwarming moments that will leave you humming and smiling long after the curtains close. Perfect for all ages. Tickets: $18-$20. Plays December 10 and 17 at 2:30 p.m. and 15 and 16 at 7:30 p.m. 2028 Pacific Avenue in Forest Grove. 503.359.5349.
HILLSBORO ARTISTS’ REGIONAL THEATRE
MISS: BENNET: CHRISTMAS AT PEMBERLY. A sequel to Jane Austen’s Pride and Prejudice set two years after the novel ends, MISS BENNET continues the story, only this time with bookish middle-sister Mary as its unlikely heroine. Mary is growing tired of her role as a dutiful middle sister in the face of her siblings’ romantic escapades. When the family gathers for Christmas at Pemberley, an unexpected guest sparks Mary’s hopes for independence, an intellectual match, and possibly even love. Tickets $22 plays through December 17. 185 SE Washington, Hillsboro. 503.693.7815
ALBERTA ROSE THEATRE
IT’S A TONY STARLIGHT CHRISTMAS. This is a Portland holiday tradition, and the December 17 show is the only one that still had tickets available. Enjoy classic tunes brought to us by Dean Martin and Bing Crosby as well as favorites from holiday specials as Scrooge and the Rankin and Bass animated television specials from the sixties. From swinging standards to comedy routines where Joe Friday arrests Frosty the Snowman, you’ll be thoroughly entertained and in the holiday spirit. Tickets: General Admission – $30; Preferred Seating -$45. Doors open at 4:30 p.m. Show begins at 5:00 p.m. 3000 NE Alberta, 503.719.6035.
PHAME PRESENTS: RING-A-DING-DING RADIO WINTER CONCERT. Enjoy performances by PHAME’s music ensembles, soloists and small groups, as well as comedy and dance. PHAME is a fine and performing arts academy serving adults with intellectual and developmental disabilities. Tickets: $10-$20. Tuesday, December 19. Doors open at 6:00 p.m.; Show begins at 6:45 p.m. 3000 NE Alberta, 503.719.6035.
A BURLY CAROL: A BURLESQUE TALE. Warm yourself from winter’s chill with the sexiest of holiday ghost tales that ever was gold as Lacy Productions and The Alberta Rose Theatre presents this burlesque tale inspired by “A Christmas Carol.” Wednesday, December 20 and Thursday, December 21 at 7:30 p.m. Tickets: $25 – $40. 3000 NE Alberta, 503.719.6035.
THE 3-LEG TORSO PRESENTS THE ELVES OF FROSTLAND. See what happens when 3 LEG TORSO find themselves stranded in Frostland during toy-making season with nothing more than their music and the arrival of random strangers to bring them joy. Tickets: $20-$50. Friday, December 22; Doors open at 6:00 p.m.; Show starts at 7:00 p.m. 3000 NE Alberta, 503.719.6035.
QUEER EYE FOR THE MAGI: A HOLIGAY CABARET. Experience some of Portland’s best queer entertainers as they take to the stage to celebrate and commiserate the holidays together! Tickets: $30-$50. Thursday, December 28; Doors open at 6:30 p.m.; Show starts at 7:30 p.m. 3000 NE Alberta, 503.719.6035.
PORTLAND REVELS
THE MIDWINTER REVELS: EMERALD ODYSSEY – A CELEBRATION OF THE SOLSTICE. It’s a stormy evening in Kinvarra when an out-of-town stranger walks into the middle of the Móirín’s pub and interrupts the community’s celebration of the Winter Solstice. Móirín decides that with enough Irish singing, dancing, story-telling, and perhaps a Mummers Play, they can make their new friend Irish by the time the sun rises on the shortest day. But the stranger has a story of her own to tell. Tickets: $21-$98 with student and senior discounts. Eleven performances from December 15-23. Alberta Abbey, 126 NE Alberta Street.
THE CHILDREN’S REVELS: THE EMERALD DRAGON – A CHILDREN’S CELEBRATION OF LIGHT. Bring your youngest revelers to enjoy a show created just for them! Join us to help Drago the Emerald Dragon and his best friend navigate dark and sometimes scary water, friendly singing fish (built, puppeted, and sung by the Revels Children’s Chorus), and a worried babysitter to find a magic gem that will give Drago their deepest wish – to be a ballet dancer! Tickets: $18 – $35 with student and senior discounts. Performances at 10:00 a.m., 12:00 noon and 3:00 p.m. on December 29 and 30. The Judy, Northwest Children’s Theater, 1000 SW Broadway Avenue, T-100. 503.274.4654.
PORTLAND PLAYHOUSE
A CHRISTMAS CAROL. The story begins with Scrooge, who is known for his cold heart and his lack of compassion for others. He is visited by the ghost of his former business partner, Jacob Marley, who warns him of the consequences of his selfish ways. Throughout the night, Scrooge is visited by the ghosts of Christmas Past, Present, and Future, who take him on a journey through time and space to show him the true meaning of Christmas. Tickets: $59.95 except on Premium Dates: $69.95 (December 15,16,17, 20,21,22,23,24) Plays now through December 30. 602 NE Prescott St, (503) 488.5822.
Consider me your resource for all things Lake Oswego, including buying or selling a home. I’ve lived in and worked as a Realtor in Lake Oswego for over 30 years so I’d love to put my experience to work for you! Give me a call at 503.939.9801 or email me at kevin.costello@cascadehassonsir.com and let me know how I can help.
The annual hunt for the perfect Christmas tree is underway. Below you’ll find a roundup of Christmas tree lots and farms in and around Lake Oswego. I’ve tried to list the latest information but best to call ahead and/or check online for the latest updates.
Boy Scout Troop 127. Local Boy Scouts have been selling trees as a fundraiser since 1947, starting at the local Piggly Wiggly before moving to George Rogers Park. Once again, Scouts will be on hand right here in town. Address: George Rogers Park, 611 S. State Street, Lake Oswego Hours: Wednesday – Friday, 5:00 p.m. to 7:00 p.m. Saturday and Sunday 9:00 a.m. to 6:00 p.m. Varieties: Noble Fir from 4’ to 9’ in height Other: Scouts make a fresh cut, bale if wanted, carry it to the car and tie it on. Wreaths, and garland by the foot.
Stroupe Christmas Tree Farm. Pre-cut trees will be available at the S&H Landscape location. Holiday décor also available. Address: 20200 SW Stafford Road Varieties: Douglas, Grand, Nordmann and Noble Cost: Check online and/or call S & H: 503.638.1011 Other: Handmade wreaths and swags
Little Z Christmas Tree Farm. This boutique family farm prides itself on quality and service with the slogan, “You choose. We cut.” Address: 842 Rosemont Rd., West Linn. 503.453.0573 (about 4 miles from Lake Oswego) Hours: Hours are Saturdays (through December 16) from 9:00 a.m. to 4:00 p.m. and Sundays (through December 17) from 10:00 a.m. to 4:00 p.m. with a full crew on hand to help you. Varieties: U-cut Noble, Douglas, Fraiser, Nordmann Fir (limited) , Shasta Fir, White Fir (limited number). Cost: Price varies, but ranges from $15 -$20/foot depending on the size. Other: Cash or check only.
Lee Farms. Talk about tradition! The Lees have been farming in Tualatin since 1869 over seven generations with three generations currently involved in the family farm. To preserve their tree fields there is a 7’ minimum on all trees cut from their fields; a minimum is not enforced on already cut trees. Also there is no pre-tagging or pre-purchasing. Address: 21975 SW 65th Avenue, Tualatin. (about 4 miles from Lake Oswego). 503.638.1869. Hours: Tuesday-Friday 12:00 noon to 4:00 p.m.; Saturday and Sunday 9:00 a.m. to 4:00 p.m. Varieties: Fresh cut and u-cut Noble, Grand, Nordmann and Douglas Cost: Price varies. Check website. Other: They will cut, shake, bale and load your tree free of charge. Will also install Davis Tree Stand. Also available: wreaths, garlands, swags, centerpieces, custom wreath and centerpiece orders, ornaments, decorations. Visit the bakery for donuts and espresso and place an order for a Christmas pie.
Frog Pond Farm. Get your pre-cut tree, garland and wreaths here along with a lot of other holiday cheer. Address: 2995 SW Advance Road, Wilsonville. 503.475.5997 Hours: 10:00 a.m. to 5:00 p.m. Monday through Friday, 9:00 a.m. to 5:00 p.m. Saturday and Sunday through December 23. Varieties: Douglas Fir, Noble and Nordmann Cost: Prices vary depending on variety and size so check online. Other: Santa will be on hand, sometimes joined by Mrs. Claus so check online for the schedule. And the farm animals are always around for visiting.
Sleighbells. This is a one-stop shop for Christmas with a gift shop packed with holiday décor daily and Santa on hand from 10:00 a.m. to 4:00 p.m. most weekends through December 23. There is a $10 sitting fee that includes a photo taken by them as well as your own. Complimentary coffee and cocoa await you! Because of weather and tree shortages, there are fewer U-cut trees on the property but they will have plenty of pre-cut to choose from, brought in from their other fields. Address: 23855 SW 195th Place, Sherwood. 503.625.6052 (10½ miles from Lake Oswego) Hours: 7 days a week, 10:00 a.m. to 4:00 p.m. for trees; gift shop stays open until 5:00 p.m. Varieties: Noble/Nordmann and Douglas/Grand Fir Cost: Prices vary so check online.
Merrywood Farm. Given the 10-year growth cycle of their most popular u-cut trees, Merrywood is also offering pre-cut trees to supplement their selection. Address: 12328 South Casto Rd., Oregon City. 503. 307.2495 (20 miles from Lake Oswego) Hours: Open Saturday and Sunday from 9:00 a.m. to 4:30 p.m., Mondays noon to 4:30 p.m. and other weekdays from 10:00 a.m. to 4:30 p.m. while supplies last. Varieties: Normally The Keysers grow 10 varieties of trees including Noble, Nordmann, Grand, White Fir, White Pine, Sequoia, Silver Fir, Turkish Fir, Spruce and Douglas but many are playing catchup this year. They also offer pre-cut trees. Cost: Trees are priced by species, starting at $30 and going up from there. Check online. Other: Complimentary hot cider. Twine and hand saws are provided but no baler. Free pony rides for the kids on weekends.
Yesteryear Farms. Offering pre-cut trees only that they will shake, bale, and load for you. Enjoy a fully stocked Christmas store and weekend characters (including Santa and Elsa) and food trucks on weekends. Check the schedule as they vary. Address: 26801 SW Stafford, Wilsonville, 971.260.79090 Hours: 9:30 a.m. to 7:00 p.m. daily, 9:30 a.m. to 2:00 p.m. on December 23, their last day of the season. Varieties: Nobles, Nordmann, Natural Nobles, Douglas, Grand, and Fraser. Check online for pricing. Other: garlands and wreaths available.
Furrow Farm. These trees are celebrities–they’ve appeared in multiple Christmas episodes of Grimm. Address: 25877 NW Union Rd, Hillsboro (20 miles from Lake Oswego) 503.647.5288 Hours: Monday through Friday, 10:00 a.m. to 5:00 p.m.; Saturday and Sunday, 9:00 a.m. to 5:00 p.m. Varieties: Noble, Nordmann, Grand, Douglas Cost: All trees are $12/foot except for Douglas Fir which are $10/foot Other: Enjoy free tractor rides on the weekends. Mistletoe, wreaths, garland and tree stands also available.
Plumper Pumpkin Patch and Tree Farm. If you love everything pumpkin this time of year, head over here to grab a pumpkin donut along with your tree. They also have s’mores kits for sale to enjoy by the fire pit. Choose from pre-cut, u-pick they cut, and u-pick u-cut. Address: 11435 NW Old Cornelius Pass Road, Portland (about a half hour away from Lake Oswego) 503.645.9561 Hours: Fridays through Sundays until December 10 from 9:00 a.m. to 5:00 p.m. Varieties: Noble, Grand, Nordmann, Blue Spruce and Douglas Fir Cost: $11/ft for Douglas Fir; others $13/foot. Check online. Credit cards accepted Other: Saws provided. Baler. Visit the store for hot drinks and pumpkin donuts, garland, wreaths and mistletoe. Warm up by the fire pits and buy a kit to make s’mores. Feed the animals and visit with Santa. Check online for his schedule.
Historic Kirchem Farm. This picturesque farm is open for business this year December 2,3,9 and 10. Pre-cut trees are available too. Address: 19723 S Bakers Ferry Rd, Oregon City Varieties: Douglas Fir ($40 per tree up to 8 feet) Grand ($10/foot) and Nordmann ($12/foot). Pre-cut trees are priced separately. Some very large trees are available and can be individually priced.
If you have any Christmas tree recommendations, please leave them here! And be sure to subscribe to 52 Reasons to Love Lake Oswego to receive weekly updates. Just click the “Sign me up” button in the top right-hand column.
ADORN. This Portland based shop features brands like Emerson Fry, Birds of Paradise, and Splendid. You’ll find everything from jackets to jumpsuits along with accessories like jewelry, masks and shoes. Don’t miss their Black Friday sales and watch for other promotions throughout the holidays. Hours: Sunday through Wednesday, 10:00 a.m. to 6:00 p.m. and Thursday through Saturday 10:00 a.m. to 7:00 p.m. 369 First Street. 503.303.5614.
DREAM CLOUD BOHEMIAN MARKET. Walking into this store feels like walking into a cloud—everything is soft and dreamy. You can also feel good about shopping here as the collections hail from independent and small-batch artisans who focus on sustainability and ethical faire trade practices. Watch their Instagram updates for holiday surprises like the Highland Foundry Pop-Up November 21 through November 27 and Vessel Ceramics Pop-Up on December 9 from noon to 3:00 p.m. Regular store hours: Monday through Saturday, 11 :00 a.m. to 7:00 p.m.; Sunday 11:00 a.m. to 5:00 p.m. 364 1st Street, 503.477.9798.
MAPEL BOUTIQUE. You know this locally owned boutique is ready for the holidays when you land on their website and are greeted by, “Bring on the bling.” From sparkly to cozy you’ll findnational brands like Z Supply, 7 for All Mankind and as well as local favorites like Ford & Wyatt, Pendleton and Saressa Designs. Mixed in there are fun and festive discoveries to make your holiday shopping much merrier. You’ll find scented candles, holiday glasses, shower steamers and wax melts. And be sure to visit them and all the Lake Oswego stores on Black Friday for special promotions including a FREE Z Supply Asheville sweater with any $250+ Z Supply purchase. Check them out online or visit their store at 390 N. State Street, Suite 124. Hours Monday through Saturday from 11:00 a.m. to 7:00 p.m. and Sundays from 12:00 p.m. to 5:00 p.m. 503.344.4573.
LUCKY ME. This store gets its name from the expression shoppers say when they visit. It’s filled to the brim with lots of bling and holiday décor including ornaments (including a Lake Oswego one) tea towels (Lake Oswego here too) and stockings. Speaking of stockings, consider this stocking stuffer central with bottle toppers, magnetic puzzle cubes and colorful socks, just to mention a few. Their usual PJ Salvage offerings make wonderful cozy gifts as do the coats, hats, gloves and scarves (including cashmere) they have to choose from. Hours: Monday through Saturday from 10:00 a.m. to 6:00 p.m. and Sunday from 12:00 noon to 5:00 p.m. 385 First Street, Suite 115. 503.636.9595.
RAIN SPARK GALLERY. This seasonal art gallery returns this year in a new location in the Lakewood Center for the Arts at 368 S. State Street. Explore the varied collections of art created in ceramics, metal, fiber, glass, paper, paint, photography and more. You’ll find unique gifts for family and friends and if you’re lucky, decorative and functional works of art for yourself and your home. Hours: November 28 to December 22 from 10:00 a.m. to 5:00 p.m. daily and evenings during theater performances. Closed Thanksgiving and open Christmas Eve from 10:00 a.m. to 4:00 p.m.
R. BLOOM’S. You’ll find a great selection of holiday decor at this Lake Oswego establishment including an entire wall of Christopher Radko ornaments. Let yourself browse and you’ll find lots to tempt you for yourself and others including the Hot Skwash collections, wreaths, and decorative Art Poles in a variety of sizes and designs . Oh, and they deliver flowers too, beautiful arrangements for your holiday celebrations. Hours: Monday through Friday 10:00 a.m. to 5:00 p.m., Saturday 11:00 a.m. to 4:00 p.m. 267 A Avenue, 503.636.5876.
HOLIDAY MARKETPLACE. Stop by the Arts Council of Lake Oswego’s Holiday Marketplace for a unique gift for yourself or someone on your list. Select from handcrafted wares and art by local artists featuring ceramics, jewelry, ornaments, cards, candles, soaps, textiles, confections, wood crafts, fine art and more. Marketplace is open NOW through Saturday, December 23. Hours are Tuesday through Friday, 10:00 a.m. to 5:00 p.m. and Saturday 10:00 a.m. to 2:00 p.m. 380 A Avenue, Suite, A, Lake Oswego, OR. All are welcome to attend a First Friday Reception on December 1 from 5:30 p.m. to 7:00 p.m. For more information, visit the website at http://www.artscouncillo.org or call 503-675-3738.
GRAPEVINE. Name dropping is encouraged here. That’s why you’ll find fashions by Frank and Eileen, Hammitt, Rails, Vince, and Michael Stars just to mention a few. Holiday must-haves include sparkles, reversible and faux fur accessories. Check their social media pages for new arrivals and DM them if you want them to hold something for you. Hours: Monday through Saturday 10:00 a.m. to 6:00 p.m. and Sunday from 12:00 p.m. to 5:00 p.m. 310 N. State Street, #112, 503.635.6009
GLASSYBABY. Glassybaby sells hand-blown votive holders “for people that love to give kindness.” Each come with a story. With names like Strength, Intuition and Lifesaver, I imagine there is a votive that would speak to the friends and family on your list. A portion of all sales go towards the glassybaby foundation to support causes close to glassybaby’s mission: organizations that promote hope and healing. Hours: Monday through Sunday 10:00 a.m. to 5:00 p.m. 390 N. State Street, 503.804.5415
CHICO’S. Whether you’re looking for holiday red, all that shimmers or comfy and cozy, Chico’s has it. Lake Oswego managed to garner one of the 500 locations of this franchise and the location seems to be a good match—Chico’s was one of the original Lake View Village tenants. Chat with a style expert online who can help you pick just the right gift so that you look good when she opens it! Hours: Monday through Saturday 10:00 a.m. to 7:00 p.m., Sunday 12:00 p.m. to 5:00 p.m. 385 1st Street, #119, 503.675.6655.
WISHBONE HOME DESIGN. Dress up your home for the holidays with seasonal décor that includes elegant ornaments, festive pillows, boxwood and eucalyptus wreaths and holiday candles. Gift items include jewelry, candlesticks, frames and gift cards. Pick up a little decorating advice while you’re at it from the experts on hand. Hours: Monday through Wednesday, 10:00 a.m. to 5:00 p.m., Thursday through Saturday 10:00 a.m. to 6:00 p.m. and Sunday from 11:00 a.m. to 5:00 p.m. 385 1st Street, #121. 503.636.1229.
CITY HOME. This is one of those places that makes shopping fun with its blend of vintage, repurposed and reclaimed furnishings and decorative home pieces, now in its new, expanded location at the corner of State Street and A Avenue. Hostess gifts include holiday soy candles in scents like gingerbread. For all those pet lovers out there, a “Reserved for the dog” or “Reserved for the cat” pillow might be the perfect gift. Other finds include ornaments, vases and a host of furniture and wall art to choose from. Hours: Monday through Saturday 10:00 a.m. to 6:00 p.m. and Sunday from 11:00 a.m. to 5:00 p.m. 390 N. State Street, Suite 120, 503.519.7712.
THE GROVE. It pays to stop in regularly at this neighborhood spot as new merchandise with local makers and exclusive lines are always arriving. You’ll find candles, jewelry, art, books, clothing and more home décor, much of it seasonal. And for all the Lakeridge Pacers and Lake Oswego Lakers fans on your list, game-day blankets are sure to be a hit! Don’t miss catching The Grove at Pete’s Mountain Vineyard and Winery Annual Holiday Shop & Sip on Thursday, December 7 from 4:00 p.m. to 8:00 p.m. at 28101 SW Pete’s Mountain Road in West Linn. Be sure to check their Facebook page for updates. Hours: Monday – Friday, 11 a.m. to 6:00 p.m. and Saturday 11:00 a.m. to 5:00 p.m. 4473 Lakeview Boulevard, 503.697.9999.
PAPER CAPER. From stocking stuffers to hostess gifts, you can check a lot of people off your list at this store. Christmas scrunchies, sleigh bell bracelets and necklaces, Christmas Mad Libs and a collection of whimsical Maileg toys are just some of the treasures you’ll find in addition to their wide selection of greeting cards and wrapping paper. Add to your holiday book collection with Santa is Coming to Portland or deck out your yard with 30” Holiball inflatable ornaments. Night Scope rechargeable LED pom pom hats are a bright idea on dark winter nights for everyone on your list. Hours: 10:00 a.m. to 6:00 p.m. daily. 16829 65th Avenue, 503.620.9460.
LAKEWOOD THEATRE COMPANY. The Lakewood Theatre Company is offering a Black Friday special through December 8. For a limited time you can purchase a 3-show Flex Pass for only $90 – that’s three shows at $30 each valid for any Mainstage show through the rest of their 2023-2024 season which concludes June 9, 2024. You can use the flex pass all at once, or for one show at a time from January through June 2024. Call the Box Office at 503.635.3901 or purchase online.
HEARTSPUN PRINTABLES. This Etsy shop, run by my wife and daughter, offers greeting cards and is currently featuring a special Lake Oswego-themed holiday collection like the card at the top of this blog. Check them out at heartspun printables.
WAITING FOR DECEMBER. My daughter, Riley Costello, is not only a partner on my real estate team but is also an author and has released a holiday book that makes a perfect gift for any romance lovers on your list. You can buy it on Amazon, Barnes and Noble or iBooks.
If buying or selling your home is on your holiday wish list, give me (503.939.9801) or my daughter, Riley, (971.322.6205) a call. You can also email us at kevin.costello@cascadehassonsir.com or riley.costello@cascadehassonsir.com We’d love to put our experience to work for you to make your holiday wishes come true!
For those of us blessed enough to live in Lake Oswego, our gratitude list runs long this time of year. November is a perfect time to pay all that gratitude forward.
Here are a few ways for you to do just that in and around our community.
GIFT CARDS. Help empower individuals and families experiencing and healing from domestic and sexual violence, child and elder abuse, stalking, dating violence, and trafficking to purchase what is most meaningful to them this holiday season by donating gift cards at the Lake Oswego Public Library. Now through December 10, the Library will be accepting gift cards to Amazon, Fred Meyer, Walmart and Target on behalf of the Clackamas Women’s Shelter. This program supports more than 125 families (including nearly 300 children) each year. Learn more about Clackamas Women’s Services at www.cwsor.org.
COATS/HATS/GLOVES/SOCKS. The Lake Oswego Lions Club and Vision Envoy Club Branch is collecting NEW warm coats, hats, gloves, mittens and scarves for children and youth (adult sizes are important in this age group). The clothing will be distributed by Bethlehem House of Bread in Tigard to those whom it serves. Collection boxes will be in place from November 3 through December 8 at six locations including: the Lake Oswego Adult Community Center (505 G Avenue), the Lake Oswego Fire Department Station (330 B Avenue), and the Lake Oswego Library (706 Fourth Street).
FILL A STOCKING, FILL A HEART. You can become part of this all-volunteer army providing more than 3,000 handmade Christmas stockings to families, seniors, teens and the homeless living in Clackamas County. For many people, these stockings (filled with much-needed items and special gifts) are the only presents they receive. Stockings are available for pickup at City Hall, 380 A Avenue, and at the Lake Oswego Adult Community Center, 505 G Avenue with a list of items you may purchase and then return to the City Hall or ACC donation sites by Tuesday, December 6. For more information about Fill a Stocking, Fill a Heart visit their site.
COVERS FOR KIDS. The City’s Youth Action Council (YAC) is collecting new fleece yards to make and decorate blankets for the Clackamas Children’s Center, a resource and assessment center dedicated to supporting youth who may be experiencing abuse. These blankets are made with love and designed to brighten a dark day! Donation boxes are located at the Adult Community Center (505 G Avenue) and the LO Teen Lounge (1060 Chandler Road). One full yard is needed to make each blanket. Donations will be accepted through December 9. Donations are tax-deductible, please email Cydny Fletcher at cfletcher@lakeoswego.city to receive a donation receipt. TAX ID number 93-6002231.
LAKE OSWEGO TOY DRIVE. The Lake Oswego Fire Department is accepting new, unwrapped toys to bring holiday cheer to children in need. Toys will be shared with families throughout the local area and distributed by the Tualatin Valley Elks Lodge. Please drop off toys from November 15 through December 15 at the Lake Oswego Fire Department Main Station (300 B Avenue) and the Lake Oswego Public Library (706 Fourth Street).
HUNGER FIGHTERS OREGON. In the past year, Hunger Fighters has seen a 184% increase in the demand for their services which is why your donations are especially needed. High-need items right now are: all types of pasta, all types of rice, all types of canned beans, cereal, boxed milk (dairy and plant) and fall/winter holiday foods. Drop off non-perishable food and essential hygiene items in bins at the Lake Oswego Library (706 Fourth Street– donations accepted all year,) Lake Oswego Fire Department Main Station (300 B Avenue), Deno’s Pizzeria (4475 Lakeview Blvd.), PDX Fitness (17510 Provost St UNIT 101), Mt. Park Recreation Center (2 Mt. Jefferson Terrace), or in the dropbox in front of Hunger Fighters Oregon at 4 Monroe Parkway Suite A. Monetary support is also appreciated. Just make checks to 4 Monroe Parkway, Suite A, Lake Oswego, OR. 97035. This year Hunger Fighters is part of Willamette Week’s 2023 Give? Guide which means you’ll receive some freebies for donating $10 AND be entered to win exciting prizes when you donate on Big Give Days. Find out more here.
WITH LOVE. This non-profit’s mission is to support children impacted by foster care. They are holding their annual Season of Giving drive and there are several ways you can get involved.
Toy Drive. The toy drive runs now through December 8th. You can shop their General with Love Holiday Amazon Wishlist and/or adopt a With Love Amazon Wish List to share with your very own community. Drop off toys to With Love by December 8th at 14555 SW 74th Avenue, Tigard on Mondays, Wednesdays and Fridays between 11:00 a.m. and 1:00 p.m.
Financial Gift. Support their year-end fundraising goal of $115,000 now through December 31, ensuring families can continue to benefit from this program.
TUALATIN SCHOOL HOUSE PANTRY. This Oregon Food Bank affiliate serves families each month living in Tualatin, Durham, Lake Oswego, West Linn, and Wilsonville. Cash donations are welcome to buy essentials and can be mailed to: Tualatin Food Pantry, P.O. Box 248, Tualatin, OR. 97062 or done online. Canned food donations are wanted and can be dropped off at the pantry during normal business hours: Monday 11:00 a.m. to 1:00 p.m. and 4:00 p.m. to 7:00 p.m., Wednesday from 10:00 a.m. to 1:00 p.m., Thursday from 4:00 p.m. to 6:00 p.m. and Friday from 10:00 a.m. to 1:00 p.m. Volunteers are also needed in the food pantry as well as for delivering and picking up donations. If you would like to volunteer, check out the opportunities online. The pantry is located on the lower level of Rolling Hills Church, 3550 SW Borland Road, Tualatin. 503.783.0721.
HANDS-ON PORTLAND. Check their calendar for ongoing as well as one-time volunteer opportunities. Many occur year-round such as serving at Grocery Shopping for Homebound Seniors or Serving Meals at a Transitional Home.
If you’d like to count living in Lake Oswego as one of your blessings, give me a call at 503.939.9801. I’ve been a Realtor in Lake Oswego for over 30 years and would love to put my experience to work for you. Check out my website or email me at kevin.costello@cascadehassonsir.com
1. Should we consider offering seller financing to attract more buyers? With higher interest rates keeping many buyers on the sidelines today, some homeowners may think that offering to carry the loan may be the bargaining chip they need. I recently advised some homeowners against this. Why? Several reasons—there is risk involved. What if the buyer defaults on the loan? Is that a headache you are willing to take on? To make the offer attractive to buyers, you’d have to offer a loan at interest rates lower than the going rate right now when instead you could put your money in a high interest-bearing CD and earn more with less risk.
2. Should I take my house off the market? There is no denying the housing market, even in Lake Oswego, has slowed down. The median days on the market is 60. But you can’t sell your house if it’s off the market. Maybe with the holidays ahead, you don’t want to be bothered with showings. That’s where your Realtor comes in. He or she should be vetting requests for showings to ensure that lookers are serious buyers and not just “looky-loo’s.” It’s one of the services you should expect from the Realtor you are working with.
3. What’s the Lake Oswego housing market going to do? I’ve been a Realtor in Lake Oswego for over 35 years so I’ve seen hot markets come and go and lived through the housing market crash of 2008. Through it all, Lake Oswego has averaged 5% annual appreciation. Some years it has been as high as 10-15%; others as low as 2%. But when you average it out, Lake Oswego shows a stable appreciation rate of 5%. We are not like places like Austin, Texas where recent research suggests homes there are among the most overvalued in the United States –by as much as 51%! It’s worse for buyers in Boise, Idaho who are paying 81% more than what is expected for homes. Slow and steady is a much more sustainable strategy and that’s what we historically have seen in Lake Oswego.
4. What are interest rates going to do? No one has a crystal ball, but I think, and I’m in good company, that it is going to take a while for rates to significantly come down. The Fed is still laser-focused on bringing inflation down to that 2% level. While we did just see rates back down from the near 8% rates of last week, I’m thinking it may not be until summer of 2024 that we start seeing a noticeable enough drop to give more buyers the green light. Timed with the historically busiest real estate season, that could usher a lot more competition into the market on the buyer side.
5. Should I buy a house now? If you can afford to, now is a great time to buy because there is so much less competition than during the hot market of the pandemic. That caused prices to inflate and now they are being corrected, coming down from that 15% appreciation to something more realistic and as I said before, sustainable. If rates do drop next summer just when the traditional buying season kicks in, you could be competing with a lot more buyers who could drive up prices once again.
If you live in Lake Oswego, you are only miles away from two top nationally-ranked natural wonders…so what are you waiting for? November is a wonderful time to visit both.
HOYT ARBORETUM.Yelp recently listed Hoyt Arboretum as the 11th best spot for fall foliage in the United States. Consider that the Arboretum was duking it out with some tough competition from the likes of East Coast attention grabbers like Arcadia National Park in Maine and the Central Park Conservancy in New York. And our hometown favorite even beat out the U.S. National Arboretum in Washington, D.C.
One Yelp reviewer called it an “Absolutely gorgeous place! To be able to walk around amongst Coastal Redwoods, Giant Sequoias and numerous other varieties all in one place was simply breathtaking :)”
Another claimed it as “my favorite place in Portland.”
My wife and I visited last fall and the changing colors along the Maple Trail were spectacular. As was the opportunity to just meander on the trails which eventually led us to the Vietnam Veterans Memorial. Having once trekked across the United States in search of fall foliage in Vermont and Connecticut, it’s much more convenient to just travel the 10.7 miles to Hoyt Arboretum to take it all in.
The Arboretum grounds are open from 5:00 a.m. to 10:00 p.m. daily; with the Visitor Center open from 10:00 a.m. to 4:00 p.m. Admission is free but there is a charge for on-site parking.
Once again, our hometown favorite was up against some heavy hitters but managed to come out at #1! According to the online casino search site, Mr. Gamble, Multnomah Falls has been tagged on Instagram 285,337 times, more than any other waterfall in the country. And Silver Falls, just 48 miles away, came in at No. 8 with 91,900 tags. Right now both sights offer a two-for-one deal – the beautiful falls surrounded by stunning fall foliage.
An added bonus for hitting Multnomah Falls now is that timed use permits are not required like they are during the busier summer months. So check the weather and if it looks good, head out!
BEERS AND BOUQUET PUMPKIN CENTERPIECE WORKSHOP. While not on any list, I ran across this event and thought it worth mentioning in this fall-themed post. On Saturday, November 11, from 1:00 p.m. to 3:00 p.m., French Prairie Gardens in St. Paul (26.8 miles) is offering a pumpkin centerpiece workshop, perfect for your Thanksgiving table or as a hostess gift. The $75 fee includes a heritage pumpkin, the workshop, individual charcuterie board and dessert board, beverages through the class and 10% off any in-store purchases.
Let me be your resource for things to do in and around Lake Oswego! Sign up to follow my blog by clicking the “Sign me up” button in the top right-hand column.
Lake Oswegans get into Halloween in a variety of ways from the spooky and macabre to the whimsical and artistic. Driving around you can’t help but get into the spirit of things! And…potentially pick out the neighborhoods that are going to be handing out good stuff come Halloween night. If you’re looking for a guide to the best neighborhoods for trick or treating in Lake Oswego, check out an earlier blog post.
For more Lake Oswego neighborhood insights, give me a call at 503.939.9801 and/or subscribe to my blog. Just click the “Sign me up” button in the top right-hand column. I’ve been a Lake Oswego Realtor and resident for over 30 years so I’d love to put my experience to work for you whether you are looking to move in, out or around Lake Oswego.
IRVING BERLIN’S HOLIDAY INN. The popular Irving Berlin musical comes to the Lakewood Theater for a month-long run, but you can enjoy reduced admission for the dress rehearsal on Thursday, November 9 from 7:30 p.m. to 9:30 p.m. Tickets are $5/residents; $7/non-residents and registration is required by calling the Adult Community Center at 503.635.3758. Regular performances begin Friday, November 10 and run through December 17 with ticket prices at $42/general admission; $40/seniors and $25 for students. 368 S. State Street.
BOTTLES AND BITES. Catch this year’s last First Sunday Market in Lake Grove on Sunday, November 5 from 11:00 a.m. to 3:00 p.m. on Hallmark Drive. With the theme, Bottles and Bites, you can explore, savor, shop and sip to your heart’s content as you enjoy delicious wines from local wineries and treat yourself to an array of delectable bites.
PINTS FROM THE PAST: DEATH AND BURIAL IN OREGON. Learn why The Oregon Trail was known as The Nation’s Longest Graveyard and the history of death rituals along the trail and in Oregon from Elizabeth Fournier, known as the Green Reaper. Dedicated to helping people with sustainable burial options, she has affectionately been given that title. Admission is free and no ticket is required, although food and drink purchase is encouraged to offset the cost to the Lake Theater. Tuesday, November 14. Doors open at 6:30, with the presentation beginning at 7:00 p.m. 106 North State Street.
HOLIDAY KICKOFF EVENT. Lake Oswego business, Kelly’s Jelly is hosting a holiday kickoff event with artisan vendors, food and a chance to donate to With Love and Hunger Fighters of Oregon on Thursday, November 16 from 5:00 p.m. to 8:30 p.m. at 5833 Jean Road. RVSP to kellysjellyoregon@gmail.com.
GUITAR CONCERT. U.S. Classic Guitar founder William Jenks is offering a concert series featuring six decorated guitarists starting at 7:30 p.m. Thursday, Nov. 16 at Christ Church Episcopal Parish in Lake Oswego. 1060 Chandler Road.
BRIDGING DIVIDES: A PRESENTATION ABOUT POLITICAL POLARIZATION IN AMERICA AND HOW WE CAN COME TOGETHER TO SOLVE TOUGH PROBLEMS. Sounds like just what we need in today’s political climate. Listen to Bill Howe, lead presenter for the nonprofit SAGE Citizen Project as he explains how we can constructively problem solve in spite of differences between left and right. Admission is free and no registration is required. Saturday, November 18 from 2:00 p.m. to 3:00 p.m. at the Lake Oswego Library, 706 Fourth Street.
2023 REUNION FARMERS’ MARKET. Fresh from local farms to your Thanksgiving table! Visit your favorite Farmers’ Market vendors as they return to Lake Oswego to share the bounty of their fall harvest. Enjoy shopping on a crisp fall day amid the scent of pumpkins, sweet potatoes, spices and mushrooms and pick up a few new recipes to boot! The entire family can appreciate the live music from Wayne Richards & Southern Nights from 10:30 a.m.to 12:30 p.m. Saturday, November 18 from 9:00 a.m. to 2:00 p.m. in Millennium Plaza Park, 200 1st Street.
2023 TREE LIGHTING FESTIVAL. Ring in the holiday season with the annual Tree Lighting Festival! 2023 marks the 59th year of this time-honored tradition. Festivities take place at Millennium Plaza Park only, with extended hours of holiday music, a holiday marketplace, sweet treats, a special visit from the big guy in red and more! The celebratory lighting of the Millennium tree takes place at 6 p.m. Take advantage of the opportunity to write a letter to Santa and drop it in the red mailbox as part of the annual police community-building #YouandBlue campaign. Believers of all ages will receive a personal letter back. Friday, November 24 from 3:00 p.m. to 7:00 p.m. at Millennium Plaza Park, 200 1st Street.
SMALL BUSINESS SATURDAY. Shop local and support Lake Oswego’s small businesses as part of this national promotion. Saturday, November 26 throughout Lake Oswego.
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Here’s why you need a Realtor on the ground who can tell you what’s ACTUALLY happening in your local real estate market.
Take a look at these headlines from different national news sources:
“In the housing market today, it feels like what goes up doesn’t have to come down.” (NBC News)
In Lake Oswego, we are seeing listing prices come down, sometimes by hundreds of thousands of dollars as affordability is being challenged by higher interest rates. The median sale price in September was $834,950 which was an 11% decrease from August’s median price of $935,000 and a 6% decrease from $885,000 in September of last year.
“…I think most people have written off the 2023 home buying season.” (Redfin CEO Glenn Kelman on foxbusiness.com)
If “most people” have written off the 2023 home buying season, how do you explain the 48 homes sold in Lake Oswego in September or the clients we just met with last week who are “ready to buy” in Lake Oswego, or the showings we are getting on listings in town?
“There’s this view out that that the housing market is overvalued but the lack of inventory is keeping those prices very sticky where they should be pulling back.” (Andy Walden, ICE vice president of Enterprise Research on CNBC).
Prices in Lake Oswego, especially in the $1.5 to $2 million and $3.5 to $4 million price range are losing some of their stickiness as I mentioned above. All those price ranges are currently considered buyers’ markets, with the $2.0 to $3.5 million as well as over $5 million price ranges falling into more of a balanced market scenario. Right now the only seller’s market is under $500K up to $1.5 million. These are clear indicators of the effect higher interest rates are having on affordability.
Now more than ever, you need the insight of an experienced hyper-local Realtor to help you make informed decisions when it comes to buying or selling your home. Internet searches cast a wide net; you need to drill down to what’s happening in the First Addition…to waterfront property…in Westlake and so on. Let me be that resource for you. Having lived and worked as a Realtor in Lake Oswego for over 35 years, I bring a depth of experience and market intelligence that helps you make informed decisions when it comes to buying or selling your home.
I feel pretty lucky—I live where I work and I love where I live. As a Realtor in Lake Oswego, Oregon, I get to share that enthusiasm with clients every day. Through this blog, with the help of my freelance writer wife, Genita, I’d like to share that enthusiasm with you. Be sure to visit my website.
Due to the changing nature of activities in response to COVID-19, I am suspending this section of the blog temporarily but wish every mom out there a Happy Mother’s Day today!
52 Reasons to Love Lake Oswego 