Lake Oswego & Tigard Water Partnership

Even in a state with a high annual rainfall, abundant drinking water can be an issue. Such is the case for the city of Tigard, who has been buying water from Lake Oswego dating back as far the 1970’s. There will be certain water system improvements in the near future, however, and both cities will be sharing the improved drinking water and the associated costs.

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January 2010 Market Action Report

While there has been a 6.2% decrease in new listings in January 2009 to 2010, a 43% increase in new listings from December 2009, just one month prior, indicates a trend of increased inventory after the new year.

Total market time has decreased by 4.7%, and closed sales have increased by 34.7% from January ‘09-’10. This shows inventory is moving more quickly than it was at this time last year.

Median sales price has dropped 4% from January ‘09 to ‘10, indicating a continuation of a slightly downward trend on pricing. Combined with low interest rates, and the tax credit–now is a perfect time to buy, homes have never been more affordable!

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