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FEATURED HOME:

NESTLED ON QUIET DEAD-END STREET CHARMING DAYTON HOME

4 BD | 3.5 BATHS | 2,326 SQ FT

REMODELED GUEST HOUSE

LUSH LANDSCAPING & FRUIT TREES

COVER PRESENTED BY: LACEY SUMMERS, Broker Bella Casa Real Estate Group

VISIT US ONLINE: www.ycrealestateguide . com

COMPLETE REMODEL AND UPGRADE!! What’s not NEW?? Seller even tore down old garage and built a new finished one! Roof, siding, windows, flooring, cabinets, fixtures, electrical permitted and some plumbing upgrades were done. Upstairs is large loft for Master bedroom , or could be a separate Bonus Room! No Flood Insurance Required Here. Backyard is LARGE & overlooks West Valley Views! Watch the sunsets and wildlife right out your back door! Feels like the country with the convenience of city utilities and services. Seller left room on North side of garage for driveway to back to build your NEW shop? (Check with City of Sheridan for requirements and codes-buyers do own due diligence) Storage? and still have room for a nice backyard, garden and views.***SUBJECT TO 1031 TAX EXCHANGE***MLS# 23381525 $358,000

503-843-5031

“Here

LOTS OF POSSIBILITIES IN THIS INVESTMENT PROPERTY. .6 Acre Lot- Zoned R-2, sub dividable per City. Home is MAJOR FIXER, or of little/no value, 2bd,1 bath, previously used as a rental. CITY WATER & SEWER HOOK UP CONNECTED. Beautiful level lot w/trees, ditch, located on dead end street. Buyers to do due diligence. Property is partially in 100 yr. flood plain and partial out of 100yr. flood plain-which would require NO flood insurance Call for details. BEING SOLD AS-IS, NO WARRANTIES MLS# 20653057 $185,000

YourDreamHomeAwaits

Get ready to fall in love with Yamhill County, Oregon. It’s not just a place – it’s a lifestyle. An unspoiled wonder where friendly communities meet the breathtaking beauty of Mother Nature.

Step into the real estate scene of Yamhill County, offering diverse options from rustic farmhouses, suburban homes to modern apartments. There’s a home for every preference and budget.

Take the leap towards the dream life you deserve. Visit our website or reach out to a local real estate agent today.

Yamhill County, Oregon is ready to welcome you home!

www.ycrealestateguide.com

$2,395,000 | 10645 NE Hwy 240, Yamhill, Oregon: Owner will consider CONTRACT SALE at below market rates with substantial down....A unique opportunity to own half of an iconic Yamhill Wine Country Estate (subj. to lot line adjustment) w/ultra-premium vineyards making wines sold to top European restaurants, including Michelin 3-Star restaurant, Geranium, in Copenhagen. Proven 6 Acres of Pinot Noir & 1 Acre of Chardonnay & an Addt’l 10 Acres suitable for expansion. Beautiful territorial views & approx. 1000ft of Hi-visibility frontage on Hwy 240 offers a fantastic location for a possible tasting room in the heart of the Yamhill-Carlton AVA. ML# 23326342

Lacey was perfect. So thankful we were recommended to use her from the realtor that sold our house. She was always reachable for any question or concern. Always had our best interests on her mind when walking into potential homes. We would use Lacey and her team over and over again!!”

- M.Peterson

1864 NW Regina Ct., McMinnville, OR LISTED FOR $724,900 MLS # 23494095

3 BD | 2.5 Baths | 2,628 Sq Ft | 0.20 Acre Lot

1692 NW Meadows Dr., McMinnville, OR SOLD FOR $595,500 MLS # 23264955

3 BD | 2 Baths | 1,836 Sq Ft

1930 NW Michelbook Ln., McMinnville, OR LISTED FOR $515,000 MLS # 23654747

2 BD | 2 Baths | 1,865 Sq Ft

501 Merlot St., Amity OR LISTED FOR $449,900 MLS # 23340334

3 BD | 2.5 Baths | 1,621 Sq Ft

660 N 1st St., Carlton OR PENDING AT $435,000 MLS #23567923

4 BD | 2 Baths | 1,400 Sq Ft

What Homebuyers Need To Know About Credit Scores.

If you’re thinking about buying a home, you should know your credit score’s a critical piece of the puzzle when it comes to qualifying for a home loan. Lenders review your credit to assess your ability to make payments on time, to pay back debts, and more. It’s also a factor that helps determine your mortgage rate. An article from Bankrate explains:

If you’re thinking about buying a home, of the puzzle when it comes to forahome loan Lendersreview your credit to

“Your credit score is one of the most important factors lenders consider when you apply for a mortgage. Not just to qualify for the loan itself, but for the conditions: Typically, the higher your score, the lower the interest rates and better terms you’ll qualify for.”

This means your credit score may feel even more important to your homebuying plans right now since mortgage rates are a key factor in affordability, especially today. According to the Federal Reserve Bank of New York, the median credit score in the U.S. for those taking out a mortgage is 765. But, that doesn’t mean your credit score has to be perfect.

edit score in the U.S. sn’t mean

An article from Business Insider explains generally how your FICO score range can make an impact:

“. . . you don't need a perfect credit score to buy a house. . . . Aiming to get your credit score in the ‘Good’ range (670 to 739) would be a great start towards qualifying for a mortgage. But if you're wanting to qualify for the lowest rates, try to get your score within the ‘Very Good’ range (740 to 799).”

w your

Working

orking with a trusted lender’s the best way to get more information on how your credit score could factor into your home loan and the mortgage rate you’re able to get. As FICO says:

inf you As FI

ual interest rates. act

looking for improve your Experian some youmay want to focus on:

Experian

• Your Payment History: Late payments can have a negative impact by dropping your score. Focus on making payments on time and paying any existing late charges quickly.

• Your Debt Amount (relative to your credit limits): When it comes to your available credit amount, the less you’re using, the better. Focus on keeping this number as low as possible.

• Credit Applications: If you’re looking to buy, don’t apply for other credit. When you apply for new credit, it could result in a hard inquiry on your credit that drops your score.

When you’re ready to start the homebuying process, a lender will be able to assess which range your score falls in and tell you more about the specifics for each loan type.

With affordability challenges today, prioritizing ways you can have a positive impact on your credit score could help you get a better mortgage rate

If you’re looking for ways to improve your score,

highlights some things you may want to focus on:

Amity: Beautifully updated on nearly 14 acres, close to shopping, schools, restaurants and more. Updates include fresh paint inside and out, newer 50-year metal roof, gas to home, kitchen and bath remodel. Updated primary bath in 2022 includes tile walk-in shower, LVT flooring. Kitchen remodel in 2023 includes granite counters, stainless appliances, oak cabinets and more. 2-car garage includes additional area for cooking and canning. Barn w/ stalls, power and water heater. 24’ x 36’ shop includes 220 power, concrete floor and LED lighting. New retaining wall in back of home was completed in 2021. Enjoy fishing from your very own fish-filled pond, picking fruit from over 20 fruit trees, gardening, enjoying the beautiful views from the back deck and much more!

$995,000 ML# 23491465

971.241.1751

Salem: Wonderfully maintainted 4 bed, 2 bath, single-level home on hard to find 1.07 acre lot outside city limits. Home has been updated w/ newer flooring, cabinetry, countertops, paint and more. Enjoy the quiet of the neighborhood w/ easy acess to I-5, shopping and schools. Home has the possibility of dual living w/ separate entrance to 2nd living room, bedroom, bath, laundry and kitchen. Large, fenced back yard w/ room for shop, boat/RV storage and more. Enjoy gardening, relaxing in the hot tub or keep warm by the wood stove. REDUCED TO $549,900 ML# 233181833

Beth Caster is an amazing REALTOR® and person! She always gave us great advice

and after working with her for awhile, she always seemed to know what houses would be the best fit for us.Beth was always on time professional and knowledgeable but best of all friendly, caring and attentive to all of the small details that made the process less stressful.”

- N.V, McMinnville

"Beth is a top notch REALTOR®. She not only works with her clients best interests in mind, but also has a win-win philosophy for all parties concerned. That is a plus in todays competitive market. Beth made our selling experience smooth as silk."

- A.J., McMinnville

"As we know selling a house can be quite daunting but with Beth’s experience, guidance and knowledge it was anything but. I felt complexly reassured the entire time and the communication was excellent. I would highly recommend Beth Caster."

- KT, Carlton

" As we were considering to use Beth, we started to talk to local people and found that she had an amazing reputation. Between her management for “I LOVE Third St” on Facebook and how everyone woke of her with high respect, we decided to use only her services Then we met her and realized that she had had only our best interest in her mind. Our successful purchase was the best we ever had."

- H & M, McMinnville

FEATURED HOME

601 Joel Palmer Way, Dayton, OR

LISTED FOR $569,000

4 BD | 3.5 BATHS | 2,326 SQ FT

Welcome to this 3-bedroom 2-bath home in with a fabulous 1-bedroom, 1.5 bath guest house in Dayton – brimming with curb appeal and multi-generational living potential. The main home has 1,404 square feet of living space and the fabulous detached guest house offers 922 square feet of additional living space.

Located on a quiet, dead-end street, the home borders open fields owned by Dayton School District - so you have extra space to enjoy, fewer neighbors, and great views from the home and backyard. This property is conveniently located near HWY18, making commuting a breeze. Enjoy easy access to terrific schools, historic downtown Dayton, and Dayton City Park.

Features:

• Built in 2005

• Hardwood flooring and new LVT

• Large living room with picture windows maximizing light and the outdoor scenery

• Updated lower level bathroom

• Kitchen with solid oak cabinetry, new LVT flooring, built-in desk, newer refrigerator, flows to the dining/family room

• 3 comfortable bedrooms on the upper level; full bathroom with double sinks

• Impressive backyard is nicely landscaped, flat, and usable

• Fruit trees: kiwi, boysenberry, raspberry, grape, fig, apple, yellow plum, red plumb, Asian pear

REALTOR®

Mobile: (503) 435-7059

lacey@thebellacasagroup.com 207 NE 19th Street, McMinnville, OR 97128

Remodeled Guest House

• Built in 2009 and offers additional 922 square feet

• Freshly painted and new LVP flooring throughout

• Open concept main level accommodates various living or hobby arrangements

• 1.5 Baths: Full tiled bathroom main level and upper level half bath

• Stubbed for kitchenette utilities

• Upper level bedroom or rec room

• Dedicated entrances plus beautiful French doors

• Dedicated electrical panel, hot water heater and ductless heat pump

322 E Main St. Willamina, OR 97396

Office: 503-876-9004 Fax: 503-876-9115

Cell: 503-910-9261

Email: barbhofenbredl@yahoo.com

All Brokers Licensed in the State of Oregon

NEW LISTING

Dallas $900,000: 1930 Farmhouse w/wrap around porch on almost 2AC. 3bay shop, 2 roll up doors. 5BD 2BA w/large family room, laundry room & kitchen. Heated pool, fire pit, playground & outside covered bbq. Too much to list!

NEW LISTING

Willimina $310,000: Nice corner lot with 3bed, 1bath home. Freshly painted inside with some updating. New carpet in bedrooms, newer washer and dryer in utility room, vinyl windows, huge three car garage/shop.

PRICE REDUCED

Grande Ronde $350,000: Ready to build, River front property w/45x50 shop/barn. Water and power at site. Barn has 200 amp power. North property line is the middle of River. Fish from your property. Shed on property not livable storage only.

SALE PENDING

Lafayette $435,000: Immaculate 3BD 2BA home with 2 car garage. Open concept with vaulted ceilings, kitchen has dark wood cabinets, granite counter tops and black appliances. Big backyard, fenced for privacy, covered patio with bar area, fire pit, landscaped, storage shed, chicken coop/run and front yard has sprinklers. Must see to appreciate newer development, nice neighborhood..

NEW LISTING

Willamina $412,500: Newer home built by West One Homes in the desirable Pacific Hills Estates. Open Concept living, granite counter tops, stainless steel appliances, 4 bed, 2.5 bath. 2 car garage Air conditioning and leaf guard gutters. spacious yard, fire pit, garden shed and raised beds. Seller went through Lep program and had Solar put in to help with PGE.

SALE PENDING

Beautiful Country setting 3 bed, 2 bath, 2 car garage. Huge kitchen with large island and pantry. Family room with gas fireplace, vaulted ceilings, Main bedroom has huge walk-in closet, fenced and cross fenced for animals.

PRICE REDUCED

Grand Ronde $599,000: 3 bed, 2 bathroom, 2 car garage, vaulted ceilings, island, open concept, semi private. House built in 2022.

NEW LISTING

Willamina $289,000: Cute well maintained 2BD/1BA home. Main BR has a walk-in closet, bathroom has been updated, SS appliances, Large utility room, garden/tool shed, fenced backyard, 2 car gargae/shop, enclosed 2 car carport. Nicely landscaped with deck.

NEW LISTING

Grand Ronde $450,000: Beautiful country setting w/5AC. 4BD/2.5BA. Woodstove in living room. Pellet stove in Family room. Bonus room w/office. Lg. utility room, open concept, storage shed, tow car carport, lg. yard - Pefect setting to relax and enjoy.

Sarah Bacon Broker

Barb Hofenbredl Principal Broker/ Owner

TWO QUESTIONS

to ask yourself if you’re considering

buying a HOME

If you’re thinking of buying a home, chances are you’re paying attention to just about everything you hear about the housing market. And you’re getting your information from a variety of channels: the news, social media, your real estate agent, conversations with friends and loved ones, overhearing someone chatting at the local supermarket, the list goes on and on. Most likely, home prices and mortgage rates are coming up a lot.

To help cut through the noise and give you the information you need most, take a look at what the data says. Here are the top two questions you need to ask yourself about home prices and mortgage rates as you make your decision:

1. Where Do I Think Home Prices Are Heading?

One reliable place you can turn to for that information is the Home Price Expectation Survey from Pulsenomics – a survey of a national panel of

over one hundred economists, real estate experts, and investment and market strategists.

According to the latest release, the experts surveyed are projecting slight depreciation this year (see the red in the graph below). But here’s the context you need most. The worst home price declines are already behind us, and prices are actually appreciating again in many markets. Not to mention, the small 0.37% depreciation HPES is showing for 2023 is far from the crash some people originally said would happen

According to the latest release, the experts surveyed are projecting slight depreciation this year (see the red in the graph to the right). But here’s the context you need most. The worst home price declines are already behind us, and prices are actually appreciating again in many markets. Not to mention, the small 0.37% depreciation HPES is showing for 2023 is far from the crash some people originally said would happen

Estimated Home Price Performance

Now, let’s look to the future. The green in the graph shows prices have turned a corner and are expected to appreciate in 2024 and beyond. After this year, the HPES is forecasting home price appreciation returning to more normal levels for the next several years.

2. Where Do I Think Mortgage Rates Are Heading?

Over the past year, mortgage rates have risen in response to economic uncertainty, inflation, and more. We know based on the latest reports that inflation, while still high, has moderated from its peak. This is an encouraging sign for the market and for mortgage rates. Here’s why

When inflation cools, mortgage rates generally fall in response. This may be why some experts are saying mortgage rates will pull back slightly over the next few quarters and settle somewhere around roughly 5.5 and 6% on average.

But, not even the experts can say with absolute certainty where mortgage rates will be next year, or even next month. That’s because there are so many factors that can impact what happens. So, to give you a lens into the various possible outcomes, here’s what you should consider:

> If you buy now and mortgage rates don’t change: You made a good move since home prices are projected to grow with time, so at least you beat rising prices.

> If you buy now and mortgage rates fall (as projected): You probably still made a good decision because you got the house before home prices appreciated more. And, you can always refinance your home later on if rates are lower

> If you buy now and mortgage rates rise: If this happens, you made a great decision because you bought before both the price of the home and the mortgage rate went up.

Bottom Line

Mortgage Rate Projections

If you’re thinking about buying a home, you need to know the facts on what’s happening with home prices and mortgage rates. While no one can say for certain where they’ll go, expert projections can give you powerful information to keep you informed.

Connect with one of our local real estate agents so you have a professional to add in an expert opinion on our local market. If you need a referral, please let us know and we will get you connected!

McMINNVILLE COMMERCIAL PROPERTY

2115 NE McDonald Ln., McMinnville · ML# 23615672

Possibilities abound! Solid 2443 square foot commercial building in great location! 8 separate offices plus records area. Large reception area. Three half baths. 2 car garage in back with extra parking. 11 parking spaces in front. Price reduced to $459,000. Possible owner terms with good down payment.

COUNTRY LIVING AT ITS FINEST!

15840 SE Walnut Hill Rd., Amity, OR ML#23039902

Fantastic horse or cattle set-up on 13.68 acres! Wonderful location in the Amity hills. McMinnville schools. Paved road. 3BD/2BA 1752 SF home built in 1978. Bonus RM or mother in law apartment! Two tax lots. Large barn near the house with 5 stalls and loft area plus shop! Other barn is 40 X 60 metal construction and gravel floor. Large sliding doors or potential for add’l stalls. Some of the land is currently leased out and balance in conservation area and wildlife habitat. PLUS wonderful walking trail and pond. Productive well, seasonal creek and a deck. Price reduced to $ 885,000

Modern Elegance Meets Comfort - Single-Level Gem: Indulge in contemporary living with this impeccable one-level home, built in 2002 and tastefully updated for a blend of luxury and convenience. Spread across 1,435 square feet, this captivating residence offers exceptional features and a sophisticated ambiance for a truly inviting living experience. Savor the bright and spacious open floor plan, alongside exquisite new solid surface flooring and plush carpeting in bedrooms (2022). The home comprises 3 generously sized bedrooms, 2 modern bathrooms, a cozy gas fireplace in the inviting living room, a convenient laundry room, and a spacious 2-car garage. Outside, the private, beautifully landscaped backyard features an expansive deck for seamless indoor-outdoor entertaining, a time-saving sprinkler system, and raised beds for gardening enthusiasts. Don’t miss this rare opportunity to secure your dream home in a tranquil neighborhood, epitomizing modern elegance and comfort within a unique single-level design. Schedule a viewing today to discover the unrivaled charm of this exquisite property. ML 23422685 $470,000

SALE PENDING

An Immaculate Single-Level Haven in Whistler’s Ridge Neighborhood:

Discover unparalleled comfort and style in this exquisite single-level home, nestled in the highly sought-after Whistler’s Ridge neighborhood. Spanning 1,994 square feet, this meticulously maintained property boasts captivating features such as 3 spacious bedrooms, a versatile den, 2.5 modern bathrooms, a cozy fireplace, and a gourmet kitchen. The idyllic, landscaped backyard comes complete with a tranquil water feature, sprinkler system, and dual patios, promising seamless indoor-outdoor entertaining. ML 23451181 $629,900

SALE PENDING

SALE PENDING

SALE PENDING! 362 Garfield St., Woodburn:

Investment Opportunity! Turn this into your next rental or revitalize & restore its original charm! This 1901 farmhouse sits on large .20 corner lot 2,486 SqFt, 5bd/1ba,potential 6th bdrm,living & dining rm w/original crown mold window/door trim, high ceilings, front entry foyer/mudrm, vinyl windows, original front decorative windows. Storage/mudroom addition off back of home, ample parking. Needs TLC-Cash only. ML 22543073 $249,900

In spite of rising interest rates, the real estate market remains strong. Inventory is still low. Reach out! We love to talk strategy, and we would love to put together a plan with you for selling and/or buying this summer. Buy. Sell.

Back Row: Marissa Adams, Admin.; Joni McCreith, Prin. Broker; Molly Barajas, Prin. Broker Front Row: Amy McCormick, Prin. Broker; Catherine Summers, Prin. Broker