Buying or Selling a Home? Let Yamhill County Real Estate Guide Make Dreams a Reality!

Serving the Greater Willamette Valley includingYamhill, Washington, Clackamas, Marion & Polk County.

MAIN MAIN LEVEL LEVEL MASTER MASTER

HORIZON HORIZON HEIGHTS HEIGHTS CUSTOM CUSTOM 3BD 3BD || 2.5BA 2.5BA || 2469 2469 SQFT SQFT || .23 .23 AC AC Lot Lot 285 285 ADDL. ADDL. SQFT SQFT ABOVE ABOVE GARAGE GARAGE BUILT BUILT 2003 2003 BY

BY ALLEN ALLEN BROTHERS BROTHERS

COVER PROPERTY Presented by: Lacey Summers, Broker Bella Casa Real Estate Group Page 20 For Details

INSIDE THIS ISSUE Homes & Land For Sale ■ Investment Opportunities ■ Commercial Listings ■ Local Businesses ADVERTISING OPPORTUNITIES AVAILABLE ■ VISIT US ONLINE ■ YCREALESTATEGUIDE.COM

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$729,000 PEACEFUL LIVING ...

CLOSE TO DOWNTOWN CARLTON ONE OF A KIND .99 ac backs to wetlands.

Immaculate home boasts full cedar lap siding, 9 ft ceilings, newer (2019) heat pump & furnace plus ALL bedrooms & den on main floor! Possible awesome upstairs home theatre plus more unfinished bonus space. Fantastic space for SHOP!

Newberg | $815,000: Beautiful treed setting on 4.23 ac with city services. Single level, 2400 sf, 3 bd, 3 ba home. Several outbuildings that include Woodshop, horse barn, & storage. Bonus space for possible 4th bd, office, or? Triple-car garage.

Rena Herring Principal Broker

Licensed in Oregon Bella Casa Real Estate Group

Direct: 503. 793.2594 rena@thebellacasagroup.com TheBellaCasaGroup.com

Hillsboro | $475,000: Serene, rural setting, with territorial views off your deck! 3 bd, 2ba Manufactured home with attached garage on 2.06 acres. Covered RV space and room for gardens! Sunken hot tub on deck and small greenhouse. Newberg schools with Hillsboro address.

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A local lender you can trust.

For over 30 years, we’ve helped people secure home financing on time and as promised®. Give us a call today and discover what’s possible with Evergreen.

Rick King

Mortgage Advisor NMLS 87524 Cell: 503-709-6603 Office: 971-238-5040 eFax: 833-271-4505 Find me on Facebook: @rickkingmortgage

1006 NE Third St, Suite B | McMinnville, OR 97128 © 2020 Evergreen Home Loans and Evergreen are the trademarks or registered trademarks of Evergreen Moneysource Mortgage Company® NMLS ID 3182. Trade/ service marks are the property of Evergreen Home Loans. All rights reserved. Licensed under: California Licensed by Department of Business Oversight under the California Residential Mortgage Lending Act 4130291; Licensed under the Oregon Consumer Finance Act ML-3213; Washington Consumer Loan Company CL-3182.

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s l l i H t s e W l u f i t u a Be v cMinn M , . t 2nd S W N 3 0 31

NEW PRICE! 497, 5 00 :

ille

Beautiful West Hills 1 story 1658 sq ft New Construction home with spacious vaulted ceiling, Engineered laminate floors & fireplace in your Great room. Additional 440 sq ft finished basement ideal for office, workout room, music studio or storage area with an exterior entrance. Gorgeous kitchen featuring Quartz counters & island. 4th bedroom is off the entry & could also be used as a den or family room. Relax and Sit on your covered deck overlooking the trees and seasonal creek.

Alan Baker 503-434-0545 Licensed Broker in Oregon

Alan@BakerTeamRE.com Premiere Property Group, LLC 125 NE 3rd St, McMinnville Or 97128

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Proud To Be A Sponsor

BETH CASTER PROPERTIES GROUP

May - October

Thursday’s

12:00 - 6:00 pm

Every Thursday afternoon, May - Oct, more than 60 local vendors bring fresh seasonal produce, farm raised meats, fresh blooms & handmade products to market. Grab lunch to go and stock your kitchen with fresh local foods. We proudly accept EBT/SNAP and Double Up Food Bucks.

BETH CASTER OR Licensed Principal Broker

All offices independently owned and operated.

beth@bethcaster.com

220 NE 7th St., McMinnville, OR 97128

971-241-2509 call or text

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Lacey Summers, Broker Licensed in the Great State of Oregon

503-435-7059

Lacey@thebellacasagroupcom Zillow Client Reviews at: Zillow.com/profile/LaceySummersBroker

TESTIMONIALS

“We recently had the pleasure of working with Lacey Summers in the sale of our home. We were preparing to move upon retirement and Lacey was with us every step of the way. Starting with advice on updates and maintenance chores we needed to complete in order to attract the most buyers, Lacey’s advice was instrumental in the quick sale of our home. When deciding how to market our home, Lacey was on top of everything. From photos, to pricing, to listing in regional resources for the most exposure possible, we couldn’t have been more pleased with the results. In three days, we had 9 offers over listing and were quickly enroute to our new life in retirement. Lacey Summers has a pleasant personality, is easy to work with, and the knowledge and experience to get results for her clients.” - John & Nancy | McMinnville

COUNTRY LIVING ON 2.23 ACRE RETREAT 16900 NW Willis Rd, McMinnville MLS# 21225482 4 bed | 3 bath | 3,833 sq ft $580,000: Escape the city to small acreage country living, an easy 12 min drive to McMinnville on paved roads. Multi-generational living possible with full kitchens on both levels. 2141 sq ft main level with 3 bed/2 bath & baseboard heat. 1692 sq ft upstairs with full kitchen/dining, very large living room & ductless heat pump. Decks & valley views from nearly every room! 2 hot water heaters, newer windows. 2-bay barn/shop and pasture, an ideal property to remodel & create your hobby farm retreat.

3 BED/1.5 BATH NEAR DOWNTOWN 1300 SE 1st St., McMinnville MLS#21017354 $358,000: Updated 1344 sq ft urban ranch near historic downtown McMinnville! Bright & clean design, original hardwood floors, newer lighting & plumbing fixtures, and terrific family room. Fully remodeled bathrooms and kitchen with stainless-steel appliances and butcher block counter tops. Efficient pellet stove. Great storage and closets including Alpha closet system, accessible attic, garage also functions well as a hobby work space, plus an insulated shed with electricity. The private, fully fenced backyard offers established landscaping and fruit trees, and charming pergola-covered patio.

3 BED/2 BATH IN SW MAC BUYERS REPRSENTATION 1330 SW Darci Dr., McMinnville

SALE PENDING

MLS#21584041

$369,900: Spacious floor plan with vaulted ceilings and a bright open kitchen. Attractive laminate floors through the main living areas. Excellent outdoor space with an extra-large fenced backyard backing to green space, gated RV parking, garden shed, and a private covered patio. Located in a quiet SW McMinnville neighborhood near Discovery Meadows Park. Buyer Representation.

Get the latest market info on Facebook! Find me: www.facebook.com/LaceySummersRealtor

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NEW PRICE! 20775 Willamette Dr., West Linn / $675,000: Mid century modern home with a million

dollar view! Ready for your touches and updates. Private location on over 1 acre with grand stately fir trees.

Brand new carpet, new 50 year roof, new shed in backyard. Vaulted ceilings with open beams, floor to ceiling windows, beautiful rock fireplace, tons of natural light, lots of storage.

NEW LISTING! 3165 SW 82nd Ave., Portland / $799,900: Warm and inviting daylight ranch features a

substantial 2965sf, four bedrooms, a stunning remodeled kitchen, great room floor plan, hardwood floors and desirable 1940’s character. Huge lower level with multi-generational living potential. Wonderful patio area, beautifully landscaped with territorial views. Just blocks from Raleigh Park!

NEW LISTING! 2208 NW Doral St., McMinnville / $425,000: Updated 1548sqftTownhome located on

the 4th addition Michelbook. The home features two master suites, vaulted ceilings, electric fireplace, wood floors, quartz countertops and an abundance of window light. Both the kitchen and bathrooms have been completely remodeled with contemporary colors. Private covered patio outside the living room for additional entertainment space. An Easy living home!

PACIFIC CREST REALTY

Todd Zinda

Kelly McDonald Broker

PrinciPal Broker/owner

Devri Doty

Dominic Doty Broker

Broker/Designer

503-314-6888

503-209-9591

503-435-7165

503-435-9070

971-241-2066

Broker

609 NE Baker St. Suite 110, McMinnville, OR 97128 ∙ Office (503) 474-1234 ∙ www.windermerepcr.com Licensed in the State of Oregon

Mac Kauer

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SALE PENDING! NW Gerrish Valley Rd., Yamhill / $1,200.00: Nestled between vineyards, rolling hills and lush green crops. Build your dream home and grow vines on your own slice of Oregon! A total of two tax lots (4.5 Acres) and (149.6 Acres) Measure 49 approval for both lots. Buyer to do their own due diligence and seek the answers from the County Planning Department.

SALE PENDING! NE Lafayette Ave., McMinnville / $199,900: Prime commercial lot, zoned C-3, on the corner of 12th avenue and Lafayette Avenue.

Close proximity to the popular Granary District. Lot is located in the NE Gateway Planned Development Overlay (Zone 2). Buyer to do their own due diligence with respect to all aspects of property.

SALE PENDING! 113 S. Trade St., Amity / $112,000 : General Commercially zoned lot on Highway 99W in Amity. Downtown is in the early stages of transformation with fun coming attractions. This corner lot has high visibility and offers significant commercial potential for development. In addition, a large national chain has broken ground and is developing across the street.

6164 Luna Way, Hillsboro / $260,000: Moorcroft Station

SALE PENDING!

SALE PENDING!

Sold off Market

Sold off Market

7625 SE Seawood Dr., Amity / $640,000: This ranch style home, built in 1972 with 1545sf offers eleven acres of heaven at the end of a country road! Complete with a barn, an outbuilding, pasture and a view, this property is sure to make the new buyers dreams come true!

120 SW Spruce St., Yamhill / $640,000: Lovely, lovely home

Condo! One level move in ready- 2 bd/2 ba & 2 car garage!

Vaulted ceiling & fireplace in living room, cute kitchen w/ eating bar & vaulted ceiling that opens to dining room. Sliding glass door to patio. Master bedroom w/bath & walk in closet. Backyard private patio space and terrific location. HOA includes water, sewer, garbage & ext. maintenance.

built in 2007 and offering a generous 3044 sf! Loaded with features including hardwood floors, SS appliances, granite, vaulted ceilings, extra bonus room upstairs & so much more! Located in the sweet town of Yamhill. This sale included the adjacent buildable lot!

PACIFIC CREST REALTY

Beth Jacobsen

Mikkel Jacobsen Broker

Broker/ProPerty Mgr.

Shawn Dunn

Shane Aase

503-550-8565

971-241-2052

503-474-1115

503-474-1115

Broker

ProPerty Mgr.

609 NE Baker St. Suite 110, McMinnville, OR 97128 ∙ Office (503) 474-1234 ∙ www.windermerepcr.com Licensed in the State of Oregon

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ONE-TIME CLOSE CONSTRUCTION

with LOW down payment options

With these unbelievably low down payment options, building your dream home may be more within reach than you imagined.

0% DOWN

(VA, USDA)

3.5% DOWN

5% DOWN

(CONVENTIONAL)

(FHA)

•

In-House Management Throughout the Building Process

•

Lock in the Best Rate with our Rate Float-Down Option

•

On-Line Management Keeps You in the Loop

NMLS#2069174

NMLS#299572

Ben Whiting

Ken Whiting

(503) 883-3218

(503) 437-1117

Loan Officer

Branch Manager

1015 NW Adams Street, Suite 101, McMinnville, OR 97128 | 503.435.2087

mcminnville.mannmortgage.com

Mann Mortgage, LLC is not endorsed by, nor acting on behalf of or at the direction of, the U.S. Department of Housing and Urban Development, Federal Housing Administration, the Veterans Administration, the U.S. Department of Agriculture or the Federal Government. All programs are subject to credit and income qualification. This is not a guarantee of financing or a firm offer of credit. NMLS #2550

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PE SA ND LE IN G

MLS#21632969 $260,000 625 W Main St. Sheridan, OR 97378 3bd/2ba 1056 sqft

MLS#21135365 $615,000 27730 Mcpherson Rd .

Grande Ronde, OR 97347 25.30 Acreage, 3bd/2ba 1785 sqft

SO LD

PE SA ND LE IN G

SO LD MLS# 211104171 $110,000 8260 Grand Ronde Rd. Grand Ronde, OR 97347 2bd/1ba 916 sqft

MLS# 21128448 0 Hebo Rd., Grand Ronde, OR 97347 10 AC Buildable Lot

MLS#21632969 $260,000 413 NW Evans St. Sheridan, OR 97378 3bd/2ba - Multiple Offers 1 day Pending

PE SA ND LE IN G

MLS# 21315109 $400,000 438 S Fun River Dr., Lincoln City, OR 97367 2bd/2ba 1176 sqft

MLS 21066769 $345,900 202 NW Sagan Loop Sheridan, OR 97378 3bd/2 ba 1245 sq ft

LI NE ST W IN G

MLS# 21644847 $142,900 621 S Pacific St, Box 485, Unit 2 Rockaway Beach, OR 97136 1bd/1ba 365 sqft

MLS# 21077279 $439,000 0 SE Eola Hills Rd., Amity, OR 97101 11.83 AC Buildable Lot

PE SA ND LE IN G

SO LD

MLS# 21525980 $479,900 682 E 12th St., Lafayette, OR 97127 3bd/2ba 2347 sqft

PE SA ND LE IN G

SO LD

LI NE ST W IN G

LI NE ST W IN G

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MLS#21485267 $295,000 11425 Agee Lane Sheridan, OR 97378 10.6 AC 2bd/1.5ba

WVMLS#773689 $323,000 1050 Cedar Hill Ct. SE Salem, OR 97306

Amy Schrader

Tim Wade, PSA

Esther Stewart

Greg Anderson

Michael Jester

Julie Essex

NW Summit Group OR Principal Broker C: (971) 270-8720 amy.schrader@exprealty.com amyschrader.exprealty.com

OR - WA Broker C: (503) 217-4123 C: (206) 650-8025 timothy.wade@exprealty.com twwrealestate.com

OR Broker, CRS C: (971) 241-9299 esther.stewart@exprealty.com estherstewart.exprealty.com

OR Broker, CRS C: (971) 241-3489 greg.anderson@exprealty.com greganderson.exprealty.com

OR Broker, RELO Certified, Express Offers Certified C: (503) 799-8354 michaelj@myreteam.com michaeljester.exprealty.com

The Essex Group OR Broker C: (971) 716-6404 julie.essex@exprealty.com julieessex.exprealty.com

421 NE Main St., Willamina, OR 97396

OR#201001030 All Brokers Licensed in Oregon

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CROWN MANUFACTURED HOME SALES ~

Manufactured Home Sales & Listings ~ Since 1995 ~ Hablamos Espanol

20345 SW Pacific Hwy Suite 202 Sherwood, OR 97140

(503)925-8009

www.CrownHomes.com

APPLICATIONS AVAILABLE ONLINE

MCMINNVILLE

$110,000 ’86 FLEETWOOD IN A 55+ COMMUNITY! 3br/2ba, 1296 sq. ft. Remodeled with new & upgrades. Space rent only $525.

New wood laminate & linoleum flooring. New vinyl windows, roof replaced in 2016. All kitchen appliances but dishwasher, includes washer & dryer. Low maintenance yard. Financing Available On Approved Credit! #14627

LAFAYETTE - JUST SOLD

$145,000 ’95 FLEETWOOD IN AN ALL AGE COMMUNITY!

3br/2ba+Den, 1782 sq. ft. with 6” exterior walls, 100% tape & textured, & all appliances included + W/D. Large kitchen with alder cabinets, Island, built-in microwave, & lots of countertop space. 24x25 double car garage. Fenced backyard with Koi pond & raised flower beds. 16x20 deck built around covered hot tub. Soon to be vacant! Financing Available On Approved Credit! #14620

NEWBERG

$139,000 ’96 REDMAN IN AN ALL AGE COMMUNITY! 3br/2 bath, 1456 sq. ft. with enclosed carport converted into a garage, 18x28. Ceramic tile floors throughout. Remodeled kitchen with granite countertops & back splash, granite breakfast bar.

Large walk-in pantry. All kitchen appliances. Large utility room.

Ductless heat pump. Financing Available On Approved Credit! #14622

TIGARD - MOTIVATED SELLER

$24,900 ’73 REX IN A 55+ COMMUNITY! 2br/2 bath, 975 sq.

ft. with newer heat pump and nice brick patio. Kitchen has double porcelain sinks & lots of cabinets for storage & pantry. master bdrm has a bonus room made into a second walk in closet. Yard is well landscaped & maintained with grass, bark dust & shrubs, also a patio for enjoying the outdoors.

Financing Available On Approved Credit! #14590

MCMINNVILLE - JUST SOLD

$45,000 ’73 HOMETTE IN A 55+ COMMUNITY! 2br/2ba, 840 sq. ft. Home with rubber membrane roof, vinyl windows. All kitchen appliances, new dishwasher coming. Washer and dryer hook-up.

Recent interior paint. New double walk-in shower & remodeled bathroom. Financing Available On Approved Credit! #14625

LAFAYETTE

$115,000 ’02 GOLDENWEST IN AN ALL AGE COMMUNITY!

3br/2ba, 1632 sq. ft. with 6” exterior walls, all kitchen appliances including W/D. Large kitchen. Each bathroom has full walk-in shower. Large walk-in master closet. 100% tape & textured walls, vaulted ceilings. Heat pump for heat & cool. Completely fenced yard with shrubs and bark dust. Estimated $1400/mo with 10% down.

Financing Available On Approved Credit! #14632

NEWBERG

$142,500 ’15 PALM HARBOR IN AN ALL AGE COMMUNITY! 3br/2 bath, 1404 sq. ft. with vaulted ceilings, T&T walls, new vinyl plank flooring throughout except bathrooms. Kitchen has pantry, island w/more cabinets for storage. Large master w/view of mountains. New 2020 W/D. Financing Available On Approved Credit! #14628

TIGARD - JUST SOLD

$105,000 ’69 REX ELCAR IN A 55+ COMMUNITY! 3br/2 bath,

1400 sq. ft. split model & is complimented with tape & textured walls, vaulted ceilings, new laminate flooring throughout, new window blinds & trimmings. New appliances in kitchen & exhaust fan over stove. New vanities in both bathrooms. Well-manicured yard w/fenced backyard & covered patio. Yard has bark dust & shrubs. Financing Available On Approved Credit! #14585

Financing Available OAC

MCMINNVILLE - JUST SOLD

$90,000 ’80 REX IN A 55+ COMMUNITY! 32br/2ba, 1152 sq. ft. Double pane Milgard windows & Berber carpet. Heat pump for air conditioning in summer & low heating cost in winter. All appliances included & W/D. Breakfast booth in kitchen. Non-smoker home.

Financing Available On Approved Credit! #14624

NEWBERG

$115,000 ’95 GUERDON IN AN ALL AGE COMMUNITY!

3br/2 bath, 1296 sq. ft. with New heat pump & furnace in 2017.

Vaulted ceilings, 6” exterior walls, T&T. All appliances including W/D. Newer vinyl flooring in kitchen & dining areas. Master bath has soaker tub w/separate shower. Rent $605. Payments about $1500/mo with 10% down includes home, space rent, taxes and insurance. Financing Available On Approved Credit! #14614

SHERWOOD

$135,000 ’83 GOLDENWEST IN AN ALL AGE COMMUNITY!

3br/2ba, 1512 sq. ft. With Private back deck facing greenway, on perimeter lot. Brand new roof 2020, new heat pump & furnace in 2017. Newer hot water heater, vinyl flooring. All stainless kitchen appliances with new stove. Large master bedroom with glass closet doors. Financing Available On Approved Credit! #14613

SALEM

$50,000 ’95 GUERDON IN A 55+ COMMUNITY! 3br/2 bath, 1404 sq. ft. Vaulted ceilings. Kitchen has a pantry, breakfast bar and built in bookcase and cabinet opening into living area. There is lawn on three sides of the home, it is partially fenced and has plenty of room for a garden. Financing Available On Approved Credit! #14631

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$435,000 - NEWBERG

$440,000 - NEWBERG

3 bedroom, 2 bath / 1,544 sq. ft.

Single level home sits on quiet street in a great North Newberg neighborhood. Enter to a cozy living room w/ wood burning fireplace. Updated kitchen has solid surface counters & so much storage! Large lot has wonderful big trees that provide back yard privacy.

3 bedroom, 2 bath / 1,606 sq. ft Lovely updated ranch on a large lot! Great floor plan includes sunken family room, spacious LR w/vaulted ceilings & a fireplace; large windows. Bright and clean laminate floors, granite tile counters & ss appliances; private master suite. Partially converted garage allows for ample storage space.

" We have b een wo rking with buyers and s e lle r s i n and ar o u nd Yam h i ll C o u nty fo r o v er t w o de cade s . We' ve seen t h e h igh s a nd th e lo w s o f th e m ar ke t and w e r e m ai ne d co nv in c ed t h a t no t o nl y is t h is wo nd e r fu l s po t o n e ar th a g r e at place to li v e ; it ' s just th e ab s o lu te b e s t place to w o r k . " Ra ndy Mc C r e i th , o w ne r & Pr i nci pal Br o k e r

Randy McCreith Principal Broker

Joni McCreith Catherine Summers Krissy Lookabill Principal Broker Principal Broker Principal Broker

Fred Byeman Molly Barajas Principal Broker Principal Broker

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E LI TE RE AL E S TATE S ERVICES FOR S ELLERS & B U YER S

503-310-9844

WWW.THEMcCREITHTEAM.COM

$125,000 - NEWBERG

$197,900 - DAYTON

$475,000 - HILLSBORO

Professional Space Bare lot ready for build out in the Newberg Professional Center. Suitable for medical or dental practice.

2.37 acres 2 tax lots located at the exchange of Hwy18 & 221 in Dayton. Zoning may allow distillery, storage, fast food, etc.

3 bedroom, 2 bath / 1,404 sq. ft.

Enjoy your piece of solitude on 2 acres with territorial views off your deck. Open floor plan; Plenty of space for gardens!

$500,000 - SHERIDAN

$510,000 - McMINNVILLE

$575,000 - NEWBERG

4 bedroom, 6.5 bath / 3,218 sq. ft.

Exceptional custom home tucked into the hills; Willamette Valley views. 4 suites total, 2-story great room.

4 bedroom, 2.5 bath / 2,491 sq. ft.

Spacious rooms thru-out with wonderful natural light. Covered patio overlooks fenced yard with raised beds.

4 bedroom, 2 bath / 1,704 sq. ft.

Opportunity knocks in great location!

Large living area faces south for optimal views & wonderful natural light.

COMING SOON...

McMINNVILLE: Single level 3 bedroom, 2 bath, 1,313 SF Available May 1

Randy McCreith, Principal Broker teaminfo@thebellacasagroup.com

McMINNVILLE: Manf home on lot; 3 bedroom, 2 bath, 1,404 SF Available May 1

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Sales Manager, Producing | NMLS #295567

C (503) 435-7161 | leslie.wolfe@academymortgage.com academymortgage.com/lesliewolfe

Loan Officer | NMLS #2002509

C (503) 550-2526 | jacob.halsey@academymortgage.com academymortgage.com/jacobhalsey

Loan Officer | NMLS #1184284

C (503) 443-9935 | sharon.champagne@academymortgage.com academymortgage.com/sharonchampagne

Loan Officer | NMLS #1365220

C (971) 312-3049 | erin.linck@academymortgage.com academymortgage.com/erinlinck

Loan Officer | NMLS #217534

C (971) 237-0799 | karly.cramer@academymortgage.com academymortgage.com/karlycramer

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Hi Everyone!

I’ve been asked so many times why I am in lending, and my answer is always the same. I love helping families become homeowners. It’s the American Dream after all! I’ve been a loan officer in Yamhill County (and all of Oregon) for 25 years, so I’ve seen it all. The market will always be changing but the goal remains the same: helping my community, friends and clients navigate the mortgage process.

I’ve been blessed with two boys, a daughter, and a beautiful granddaughter who everyone lovingly knows as “The Bird”. We enjoy traveling and family dinners, and we’re always up for a fun game of backyard Wiffle Ball.

Please call me if you have any questions on buying a home or refinancing the one you have. It’s always my honor to help!

GIVE US A CALL TO LEARN MORE!

(503) 435-7161

*With an AUS approval. All mortgage products are subject to credit and property approval. Rates, program terms, and conditions are subject to change without notice. Not all products are available in all states or for all amounts. Additional conditions, qualifications, and restrictions may apply. This is not an offer for extension of credit or a commitment to lend. Please contact Academy Mortgage for more information. **Consult your financial advisor about consolidating short-term debt into long-term debt | Corp NMLS #3113 | Equal Housing Lender MAC322-1474273

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NEW LISTING Willamina $489,000: 4.63 acres in city limits could be developed buyer to do their own due diligence. This house is set up for duel living. Main house has 4 bed 2.5 bath, kitchen, dinning room, living room. Lower level apartment has its own entry and driveway. Two car garage with storage shed off side of garage. Several fruit trees apple, pears, plums, cherry, prunes, peach, nectarine and almond.

NEW LISTING ONLY 2 LOTS REMAIN: LOTS 3 & 5 Are Available

SALE PENDING

SOLD

INVESTOR INVESTOR! 8.06 acres Waiting to be developed or come build your dream home with great views of Sheridan. No utilities on property. Road not developed and no driveway. Buyer to do their own due diligence check with the city and county. $199,000

Otis $399,000: Immaculate A frame with stunning views of creek, 2 bed, 2 bath, bonus room, oak cabinets, cherry floors, ss appliances, stacking washer and dryer, ductless heat/ac, vinyl windows, cedar siding, storage shed. Covered patio down by creek for BBQ and relaxing.

SOLD

SOLD

$220,000: 3 bedroom, 1 bath, one car garage, new pellet stove, new roof, all appliances stay. Great neighborhood. Perfect for first time home buyer or downsizing.

Willamina $325,000: 3 bed, 2 full bath, open concept, 1 car garage, beautifully landscaped, storage shed in backyard. Must see will not last.

SALE PENDING $335,000:

Breathtaking mountain views, 3 bedroom, 1bath, living room with wood stove insert in fire place, big windows all around to let in all the natural light. Kitchen with island and oak cabinets, lots of space open concept.

Wrap around covered porch, Storage shed and play house. Its been logged off.

Sit on the deck and watch the deer and elk. Country living within minutes from town.

5 Acre parcels ready to build your dream home or for a manufactured home. PGE, Phone, NW Natural in. Grand Ronde water available.

Standard septic approved in five parcels one parcel ATT septic approved. Semi secluded with trees.

Call listing agent today for more information.

SALE PENDING

COMING SOON

Willamina $290,000: 3 bed, Sheridan: 1.14 acres with 3 bed, 1 bath, large Livingroom, 1 car 1 bath, 1537 sqft home. Four car garage, front porch perfect for carport, one car garage/shop relaxing, nice backyard. Great first time home buyer or downsizing.

322 E Main St. Willamina, OR 97396 Office: 503-876-9004 Fax: 503-876-9115

Barb Hofenbredl Principal Broker - Owner Cell:503-910-9261

Licensed in Oregon

Email: barbhofenbredl@yahoo.com

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Arlen Pounds | Principal Broker Sundance Realty McMinnville, OR 97128 Licensed in the State of Oregon

Phone: 503-883-3733 219 SE LIN C OLN ST R EE T M C M IN N VILLE, OR 9 7 1 2 8 4 BD | 2 BA | 2304 SqFt | $650,000 | ML 21008418

C3 ZONED! Oregon Wine Country Victorian, lovingly updated. Wood floors, clawfoot tub, stained glass, high ceilings. With modern electric, plumbing, and heat pump. Master down, with 3 bedrooms and 2nd full bath up. Close to 3rd Street’s shops, restaurants and wine tasting, and Linfield University’s International Pinot Noir Celebration!

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FEATURED

HOME

Lacey Summers, Broker Licensed in the Great State of Oregon

503-435-7059

Lacey@thebellacasagroupcom Zillow Client Reviews at: Zillow.com/profile/LaceySummersBroker

2352 NW JEFFERSON WAY, MCMINNVILLE

MLS #21581908 | $625,000

SALE PENDING

INTERIOR • High ceilings • Upgraded trim: wood-wrapped windows and doors • Brazillian Cherry hardwood floors • Central vacuum system • Main level also includes: a half bath, laundry room with built-in cabinetry & utility sink, access togarage and bonus room • Window blinds throughout; motorized blind for high window over the stairs • Tremendous closets and storage throughout

KITCHEN/DINING • Solid hickory cabinets • Corian counter tops with integrated sink, touchless faucet, tile backsplash • Stainless appliances: refrigerator, oven, 4-burner gas cooktop with hood, dishwasher, microwave • Under cabinet lighting, soft close doors • Large island with wine rack, comfortably seats 5 at the bar

• Pantry cabinets with roll-out drawers, appliance garage • Built- in desk, cabinetry, cork board, mailbox • Dining nook

LIVING ROOM/GREAT ROOM • Extra large windows to maximize views and light • Surround sound speakers • Carpet • Open to kitchen

MASTER SUITE • Main floor • Vaulted ceiling • Private balcony, slider door access • Bathroom with tile floor, double sinks, jetted tub, separate shower, toilet closet, Corian counter top with integrated sinks • Cherry cabinets in bathroom, tremendous storage • Walk-in closet with organizers

C

ustom built home & impeccably maintained by the original owners.

Oversized windows showcase valley views from Horizon Heights. The main level offers spacious living areas, a master suite with jetted tub, walk-in closet & new balcony. The kitchen has solid hickory cabinets, an island, gas cooktop, and stainless appliances. Enjoy ample space & privacy in the backyard where you’ll find 2 patios, new composite decks with metal railings & awnings. Custom features & walk-in closets in every room.

Ample space & privacy in the backyard w/ patios & 2 new decks. Utilize 285 sq ft bonus room above garage for office, hobby, or theater room.

ycrealestateguide.com | 21

When it comes to your to-do list, put your future first.

To find out how to get your financial goals on track, contact us for a complimentary review.

Mike Boock

FAP-1966F-A

Financial Advisor 700 Deborah Rd Suite 250 Newberg, OR 97132-2198 503-538-8781

edwardjones.com Member SIPC

22 | ycrealestateguide.com Stacy Martin, Broker Licensed in the State of Oregon

Jen Feero, Broker Licensed in the State of Oregon

Direct: (503)560-2144

Direct: (503)708-2658

www.stacymartin.net

www.willamettewest.com

stacymartin@willamettewest.com

jenfeero@gmail.com

Exceptionally maintained/updated home in Horizon Heights Neighborhood 678 NW Wintergreen Drive., McMinnville | ML# 21418825 | 3BD 2.5BA | 2056SqFt | 0.26AC

$549,900: Huge yard w/ backyard workshop. Expertly landscaped backyard & gardens. Wood floors in the main living areas -Den w/ French Doors & fireplace -User friendly ktchn w/ views of the fenced backyard, open to the DR and FM. Spacious Master w/ tile flrs, walkin closet- Catch a twilight sunset from the front porch, enjoy meal on the covered back deck of the dining rm, soak up the morning sun on the second level deck off the master.

NEW LISTING

3520 NE Hembree St., McMinnville ML# 21069428 | 2BD 2BA | 1472 SqFt

$395,000: Charming Chegwyn Bungalow. Open floor plan w/living

room, dining room & kitchen that has laminate flooring & vaulted ceilings. Kitchen w/granite counters, ss appliances & large island. Guest bedroom w/adjoining bath. Master suite w/walk in closet & master bathroom w/double vanity & walk in shower. Awesome loft space that is flexible for office, living, whatever suits your needs! Darling front porch, oversized back patio with low maintenance yard!

NEW LISTING

1118 NW Springwood Ln., McMinnville ML# 21329702 | 3BD 2BA | 1694 SqFt

$320,000: Live the Shadowood Life! Easy care yard, common grounds, with tennis courts, walking paths and creek. Just a short walk to Michelbook Golf Course, City Parks, Library, and Historic Downtown McM. Mostly Single Level with a few steps down to the LR and Master Bedroom,Bath. Kitchen opens to DR - Backyard Deck off the LR, front yard patio to spread out and enjoy the warmer months. Good storage through out. Oversize garage, Laundry Rm.

Homes are in High Demand! Call us to discuss your next move.

We have buyers in every price range & we are available to safely work for you.

ycrealestateguide.com | 23

YOUR DREAMS. OUR PASSION. YOUR REALTORS.

PENDING W/MULTIPLE OFFERS

422 NW MEADOWS DR., MCMINNVILLE

3756 NE JOEL ST., MCMINNVILLE

Doty’sEST. ‘91

THE

COMING SOON IN SW MAC!

EXCITING NEW CONSTRUCTION. COMPLETION IN FALL 2021.

20775 WILLAMETE DR., WEST LINN / $675,000

COMING SOON IN SE MAC

MIDCENTURY MODERN, STUNNING VIEW, 2477 SQFT ON 1.09 ACRES, 4 BEDROOM/2 BATH, NATURAL LIGHT, EXPANSIVE DECK.

AFFORDABLE, CHARMING FARM HOME ON NEARLY 1/4 ACRE.

WE HAVE GOT NUMEROUS BUYERS WAITING FOR NEW LISTINGS TO APPEAR. IF WE CAN HELP MAKE YOUR DREAMS HAPPEN, GIVE US A CALL.

Devri Doty

|

Mac Kauer

| Dominic Doty

503.435.7165

971.241.2066

503.435.9070

PRINCIPAL BROKER

BROKER/DESIGNER

BROKER

Windermere Pacific Crest Realty | 609 NE Baker St., Suite 110 McMinnville OR 97128 | Licensed in the State of Oregon

24 | ycrealestateguide.com

Performance

REAL ESTATE PROFESSIONALS

Local Experience You Can Trust!

1202 Oak St., Amity | $284,900

Nice spacious living on a quiet dead end street! This home boasts separate living and family

rooms, fantastic kitchen with island and pantry and vaulted ceilings. Huge master retreat with office sitting area, soaking tub and double vanity. Great 26x20 shop and adorable sheshed, deck all finish out this package! 3rd bedroom doesn’t have a closet.

COMING SOON!

Three buildable parcels from 2.5 to 5 acres!

Enjoy the fabulous territorial views while

watching the deer and other wildlife. All parcels have the septic approved and the wells are

being drilled. Power available at the road. There are no restrictions so manufactured homes are welcome. Call for more information!

Robin Martsolf - Hubbbard Principal Broker/Owner Licensed in State of Oregon

(503) 435-8164 robin@robinsperformancegroup.com www.robinsperformancegroup.com

Christopher Heinrich Principal Broker

Kathryn Christie Office Administrator

Licensed in State of Oregon

(503) 459-2300 christopher@robinsperformancegroup.com

www.robinsperformancegroup.com

(503) 560-6032

kathy@robinsperformancegroup.com

www.robinsperformancegroup.com

ycrealestateguide.com | 25

Performance

REAL ESTATE PROFESSIONALS

Local Experience You Can Trust!

WHY choose us?

Purchasing or selling a home may sometimes feel like a huge and overwhelming process.

Many people are needed to coordinate a myriad of tasks. We are here to guide you on this journey, and make the real estate process far more enjoyable.

With over 32+ years in real estate, we have the experience you need to guide you every step of the way. All aspects of the real estate market are our forte. Whether you are a f irst-time home buyer or looking to relocate your business we can handle your real estate needs. We are a highly detail-oriented group that provides assistance with sincerity to help you every step of the way. Let us put our enthusiasm and dedication to work for you.

CALL (503) 435-8164 or VISIT us online at www.robinsperformancegroup.com

- MEET ROBIN -

I am a real estate veteran, having sold real estate for over 32 years and closed over 750 transactions. I owned & operated McMinnville’s successful L & M Realty for 11 years & spent 12 years with Bella Casa Real Estate Group.

In November of 2019, I was blessed with the opportunity to join Windermere Pacific Crest Realty. However my dream and passion to return to my own company has now become a reality in Performace Real Estate Profssionals.

All aspects of the real estate market are my forte. Whether you are a firsttime home buyer or looking to relocate your business I can handle your real estate needs. As a detail-oriented person with sincerity to help you every step of the way. Let me put my enthusiasm and dedication to work for you.

I was born in Fairbanks, Alaska and moved to McMinnville in 1976. My desire to work with diverse people and to engage with this vibrant community led me into real estate, with the added benefit of being in charge of my own schedule. My husband, Randy, and I have two sons, and I can be found showing my quarter horse Bogy, in my free time.

- MEET CHRISTOPHER -

Real Estate has always been a part of my life due to my mom’s influence, Robin Martsolf-Hubbard. She instilled honesty, integrity and motivation in me from the beginning and I have strived to maintain those positive attributes.

Having sold real estate for over 7 years, I took a 4 year hiatus to pursue other opportunities which allowed me to utilize my Business and Marketing Degree.

I also gained excellent experience in property valuation while working on the banking and lending side of real estate. However, I missed the personal interaction with people and the satisfaction from helping someone find their next home so I came back to real estate and have been back over 3 years. I look forward to putting my knowledge and energy to work for you!

26 | ycrealestateguide.com

NEW LISTINGS....

SALE PENDING / $549,900 - Beautiful 3 bedroom, 2 bth, single-level home located just outside town and surrounded by farmland. Nearly one acre provides room for animals, boat/RV, garden and more. Enjoy the outdoors year-round with large patio that is partially covered and great for entertaining! Home has city water w/ well for yard/ garden, 3 bay shop w/110&220, additional storage room in shop, canning/storage room off patio, fenced yard, fruit trees, beautiful country views and more! MLS#21627710

SALE PENDING IN 3 DAYS! $314,900 - Fantastic 3 bed/2.5 bth home in a great neighborhood! Fresh paint

throughout, stainless appliances (range and dishwasher are just over a year old), spacious living room and dining with vaulted ceilings, kitchen w/ eat-in bar, family/bonus room w/slider that opens to large, fenced back yard w/raised garden beds, concrete and paver patio & fire pit. Master suite w/large walk-in closet and bath. 2-car garage w/built-in storage and shelving. MLS#21136854

What Our Clients Say...

“Working with Nicole was wonderful! She is a lovely human; warm and caring, is extremely hard working, and looking out for you every step of your process along the way!”

-Sharon B.

“Nicole was amazing to work with. Our house sold in four days due to her hard work and diligent effort. She also found us our home that fit all our needs and made the process very enjoyable. We would definitely use her again in the future!!”

-Tasha J.

Nicole Ruyle

Steve Ruyle

Gary Southworth

Principal Broker/Owner

Broker

Broker

971.241.1751

snruyle@msn.com

503.930.5819 971.237.2009

Licensed In the State of Oregon

Welcome Home

ycrealestateguide.com | 27

28 | ycrealestateguide.com

Lucy A. Hebert

Owner/Principal Broker, GRI Licensed in the State of Oregon

503-843-5031

“Here for all Your Real Estate Needs” 249 S. Bridge St Sheridan, OR. 97378 lucywvr@wbcable.net

Happy Mother’s Day! Embrace the moment while you can.

PRICE REDUCTION! $$$ MILLION DOLLAR VIEWS 10 ACRES - Ready for your custom log home or???? Older MFH of no value. Septic is 1500 gal, Grand Ronde H2O. 2 Shops (1) 24 x 36, 12 ft eves., gravel floor, no elect. (2) 32 x 36, 14ft eves, cement floor (6in deep w/ fiber-mesh) 200 amp service, currently 110 elect. Older barn 10 x12 w/ loft, partial fenced. 7 ac. replanted fir, 3 ac. pasture. Road ‘ruffed in’ to almost top of property, with 2 building sites cut out for future home. Minutes to Casino. MLS# 19506084 $399,000

PRICE REDUCTION! LOTS OF POSSIBILITIES IN THIS INVESTMENT PROPERTY. Zoned R-2, sub dividable per City. This .6 Acre lot is waiting for your imagination to “Kick In”!! There is a home, MAJOR FIXER, or of little or no value, 2 bd,1 bath, previously used as a rental. Milk barn converted into a home approx. 1946. Beautiful level lot w/trees, ditch, located on dead end street. Buyers to do due diligence. MLS# 20653057 $185,000

NEW LISTING VINTAGE FARMHOUSE COTTAGE 2bd | 1ba & 1060 sqft. Wooded lot = privacy & seclusion! Nice floor plan w/built-ins. Fully fenced, spacious front/ back yard. RV pkg w/single car garage + shop area.

SOLD AS-IS. SELLER TO DO NO REPAIRS. MLS# 21119739 $199,000

SOLD WELL MAINTAINED HOME ON 5.81 ACRES 1440 SF 2bd,1bath hardwood floors, potential 3rd bd. Double carport, RV PKG,detached 36x20 Shop,with Elect. Creek runs behind home.MLS#20059940 $429,000

NOW is the perfect time NEW LISTING QUAINT OL FARMHOUSE 5bd/1ba,Kitchen, flooring, plumbing,windows,siding upgrades! Large Pantry/Storage area w/washer & dryer & chest freezer - Large fenced yard w/dog run, & room for garden. Shop attached to garage w/ alley access including RV pkg. MLS# 21239060 $290,000

SOLD READY FOR RENOVATIONS - Victorian Home w/ over 2000sqft 4bd,2 bath,w/additional 294sqft converted garage. On a LARGE lot, close to City Park. MLS#1871129 $189,000

to list your home!

DON’T WAIT ANY LONGER!!

CALL US TO SELL YOUR HOME TODAY!

RESERVED HOME SWEET HOME! Looks like a 1940 on the outside and is a 2016 on the inside!! Located on 1.09 Ac lot, this 2bedroom ,1 bath home is approx 1082 Sf. House fire had rebuilt from studs up! Vaulted with recessed lights in kitchen and living room. New stainless appliances. Garage/Shop 28x24 with cement floor and 220 elect. Treed lot needs some TLC, but let the gardener in you come ALIVE !! Minutes from Casino. $250,000

FOR YOUR HOME! List with ME Today!

ZERO %

ycrealestateguide.com | 29

DOWN PROGRAMS? WE HAVE THEM!

Making home buying POSSIBLE Co

n ta c

ou t d n f o t t us

what 0% options

NMLS#2069174

ailab

le

NMLS#299572

Ben Whiting

Ken Whiting

(503) 883-3218

(503) 437-1117

Loan Officer

are av

Branch Manager

1015 NW Adams Street, Suite 101, McMinnville, OR 97128 | 503.435.2087

mcminnville.mannmortgage.com

Mann Mortgage, LLC is not endorsed by, nor acting on behalf of or at the direction of, the U.S. Department of Housing and Urban Development, Federal Housing Administration, the Veterans Administration, the U.S. Departme Agriculture or the Federal Government. All programs are subject to credit and income qualification. This is not a guarantee of financing or a firm offer of credit. NMLS #2550

30 | ycrealestateguide.com

NEW LISTING

CUSTOM HOME ON 2.2 ACRES

3520 NE Hembree St., McMinnville ML# 21069428 | 2BD 2BA | 1472 SqFt

15300 NW Mountain Meadow RD., McMinnville ML# 20470690 | 4BD 4BA | 4259 SqFt | 2.2 AC

room, dining room & kitchen that has laminate flooring & vaulted ceilings. Kitchen w/granite counters, ss appliances & large island. Guest bedroom w/adjoining bath. Master suite w/walk in closet & master bathroom w/double vanity & walk in shower. Awesome loft space that is flexible for office, living, whatever suits your needs! Darling front porch, oversized back patio with low maintenance yard!

Stunning views! Space to spread out on the main floor w/office, sitting/ dining room, spacious chef's kitchen w/granite, SS appliances, maple cabinets, nook and great room w/gas fireplace, built-ins & wonderful view! Spacious master suite tub, shower, walk-in closet & heated tile floors. Lower has family room w/pellet stove, kitchenette & master suite #2 w/potential for dual living! Fabulous view & property!

$395,000: Charming Chegwyn Bungalow. Open floor plan w/living $1,200,000: Fabulous custom home on 2 acres close to McMinnville!

NEW LISTING

NEW LISTING

1306 NW Birch St., McMinnville ML# 21672448 | 3BD 1.5BA | 1184 SqFt

210 SE Reeder Pl., Dayton ML# 21694069 | 3BD 2BA | 1258 SqFt

$359,900: Brand new interior and exterior paint. New sewer line just $365,000: Beautiful maintained home. Large great room and fenced

put in. Fenced rear yard with patio. Storage shed. New garage door. backyard with storage shed. Open kitchen with lots of storage, Corian Large living room with fireplace. Newly refinished Hardwood floors! countertops and eating bar.

Updated bathrooms. Two blocks to Memorial Elementary and a quick walk to downtown McMinnville. Great westside location!

Mike Boundy

Stacy Martin

Jen Feero

Trisha House

Tonya House

Barry House

Justin Smith

Jeremy Vernon

Principal Broker 503-434-3546

Broker 503-560-2144

Broker 503-708-2658

Broker 503-437-1822

Broker 503-435-9936

Broker 971-241-0098

Broker 503-857-6442

Broker 971-235-2985

Office: (503) 472-8444 · www.WillametteWest.com 708 N. Baker St., McMinnville, OR 97128 • All Brokers are Licensed in the State of Oregon

ycrealestateguide.com | 31

32 | ycrealestateguide.com

N E W LI STI N G

$374,900 | MLS# 21474225 | 711 SE 33RD PL., PORTLAND

Aesthetically pleasing Townhouse style condo in desirable Belmont District. Large master bedroom w/ample natural light, attached master bath&laundry closet on the same floor. Main level is light&bright w/stainless steel appliances, granite countertops, pantry, open living&dining w/bamboo floors and private balcony. With a walking score of 94, you are a short walk to Laurelhurst park, restaurants, shops historic homes. Attached 1 car garage w/plenty of room for car&additional storage.

COMING SOON! TOO NEW FOR PICTURE!

Remodeled single level 4 bedroom 1 bath home on 2 acres close to hospital, shopping, brewery & wineries built in 1949 had gourmet kitchen with hickory cabinets, quartz counter tops, solid surface flooring, 2 car garage, city water, septic. $699,900 MLS# 21038708

Carrie Casey

Lauren Casey

Real Estate Broker

Real Estate Broker

Licensed in Oregon

Licensed in Oregon

503-849-3502

503-849-7440

carrie@carriecasey.com

lauren@lauren-casey.com

IN

www. LaurenCaseyRealtor.com facebook.com/LCaseyRealEstate

$224,900 | MLS# 20186483 | WEST LINN

JUST SOLD

Move-in ready 2 story condo w/desirable open floorplan in quiet location!Beautiful bamboo floors&fireplace w/custom driftwood mantle. Updated kitchen w/SS appliances & tile countertops. New carpet upstairs&paint throughout.

AC units in both bdrms&living rm.In unit laundry. Enjoy incredible views of Mt. Hood & City from private balcony!

Custom window treatments & new screens for windows & doors.Detached garage w/autoopener. Steps to condo amenities-pool, hottub, gym. Walking trails,river & parks nearby. Minutes to I-205.

O s fo a s h O

ycrealestateguide.com | 33

Meet Ellen ...

Ellen Hogg is an Oregon real estate broker residing in McMinnville with her husband and children. She is a proud member of the Yamhill County Association of Realtors and serves her community with the highest level of honesty, integrity, and professionalism. Outside of real estate, Ellen’s other passions include playing music with various groups, completing remodel projects with her husband, exploring new hikes with her family, and advocating for children in foster care. You can count on Ellen to help you navigate the complex nature of the current market. Everyday is a chance to invest in your future, so call Ellen today!

Ellen Hogg

Real Estate Broker

503.437.1114

Ellen@premierepropertygroup.com ellenhogg.pdx.ppghomesearch.com

“WE CARE ABOUT YOUR PROJECT"

Home site development | Driveways | Sewer line repairs Septic systems | Underground utilities | General excavation CCB# 207787 DEQ# 39112

503-720-0711

kingandsonsexcavating@gmail.com

34 | ycrealestateguide.com

MARKET NEWS

An Expert’s View on Yamhill County Housing Market

T

hese days, everyone is talking about the real estate market. That’s no different in Yamhill County. With increasing sales prices, multiple offers and houses going pending in a couple days, everyone is wondering how long this can last. Sellers are seriously considering selling but worried they will have nowhere to go.

Buyers are worried they are overpaying, and the market is going to crash. In the meantime, interest rates are low, inventory of homes is at an all-time low and there doesn’t seem to be any change on the horizon.

So how did we get here and more importantly, where does that leave us?

Carrie Palmore carrie@palmoregroup.com 503-415-0631 700 Deborah Rd. Ste. 200 Newberg, OR 97132 www.palmoregroup.com

OR Licensed Principal Broker & VP of Education & Training Premiere Property Group, LLC.

If we take a look at the last housing boom of 2005-06, things were significantly different. The lending world was loaning money to just about anyone. And they were doing it in creative ways destined to fail. Money sources were not documented, many loans were “stated value”, meaning you could say you made any amount of money and it wasn’t verified. A lot of the loans had ARMs (Adjusted Rate Mortgages), meaning the interest rate could be adjusted yearly. Those loans alone took a lot of people down as the market shifted. Rates went up, which meant house payments went up and people who had bought at the top of their budget could suddenly no longer afford to make the payment. It was a house of

cards that came crashing down. We all know about the mortgage meltdown. It was the perfect storm of an economic downward spiral. The banks failed, which caused job losses, which caused foreclosures, which caused increased inventory, which caused more job losses, followed by more foreclosures, and, well, you get the picture.

Suddenly, you had an over-supply of homes on the market, Sellers who wanted (or needed) to sell and couldn’t, Buyers who couldn’t qualify and banks that took forever to make decisions.

Those were tough years. It was heartbreaking to sit in homes of Sellers who desperately needed help and having to work with banks who didn’t care about the people, but only the bottom line.

Slowly we made our way out of that market. The lending world set much more stringent guidelines. Interest rates were lowered, first time home buyer programs were put in place and people began purchasing homes again. Home prices rose very slowly at first, as everyone was hesitant to get back in the game, but the market started picking up again. But a crucial mistake had already been made.

Given our population growth, we need to build NEW homes at a rate of 1.2 MILLION new homes a year. When the market crashed, most building stopped completely. For several years. Which

ycrealestateguide.com | 35 quietly started us sliding backwards in inventory EVEN WHILE WE HAD A PLETHORA OF INVENTORY ON THE MARKET!!

By the time builders started building again, we were already several million homes behind and we’ve been playing catch up ever since. According to Dr. Lawrence Yun, the leading economist for the National Association of Realtors®, March of 2021 finally saw us reach 1.74 Million home starts. This is the highest in 14 years.

But now builders are facing ultrahigh building costs, both in material and government regulation and building infrastructure fees. There are many builders sitting on the sidelines, who own property, but due to the high cost of building, are choosing to sit on the property for now and not build. When you take into account that you have to pay almost $40,000 to the local and state government organizations just to break ground on a single-family home, then factor in the high material costs, you can see where this can affect home prices and the housing shortage.

But enough about economics, what does that mean for today’s Buyers and Sellers?

The first problem is the inventory. Or lack thereof. In a normal market – meaning about 4-6 months of inventory – there is enough homes available for the Buyers looking to purchase.

In this type of market, you can keep the inventory active and moving because you have a strong “move up” market, meaning Sellers who are selling their first (or second) home and moving “up” to their next home. In many cases, this means they are writing offers contingent on selling their current home.

However, in this market, Sellers are stuck in their houses because their contingent offer won’t be considered among the many cash and non-contingent offers submitted on each home. If you are a Seller wanting to move, what are your options?

When considering options, there is ALWAYS the “do nothing” option. In this case, the Seller stays put until the market changes and contingent offers are considered again. Some Sellers are choosing to put their home on the market but making it contingent upon them finding a replacement property (in a specific period of time). If the

Seller can’t find a property within that time period, it is either terminated or a new time period negotiated. Other Sellers are choosing to take advantage of the market and sell now and find alternate places to stay until they can find the right home to purchase. Many are moving out of state, purchasing RVs, staying with family or finding a rental. In fact, this is what we did before we bought our current home. Sold our home, purchased an RV and lived in it for 4 months while we searched for and found our current home. This meant we were more competitive in our offers since we were not contingent, and we could be flexible with a closing date based on the Seller’s needs. Once we purchased the home, we sold the RV and the costs we spent were about the same as if we had rented during that time.

Which brings me to Buyers and what makes a good offer in today’s ultra-competitive market. Hopefully you are working with a seasoned Realtor® who understands the current market and is a good communicator and negotiator. Writing a good offer means understanding the needs of the Seller. What is important to them when looking at the offer? Many times, it is much more than the price. What type of loan is being used? How much down payment is the Buyer using? Do they need flexibility with the closing date? Either a fast close or a longer close or perhaps a certain number of days of rent back after closing. What about repairs?

While I NEVER recommend waiving an inspection or appraisal contingency, perhaps as a Buyer, you might consider asking for NO repairs. When you state “no repairs” up front and a Seller is looking at multiple offers, that carries a lot of weight. Perhaps you allow a Seller to leave some personal property behind (meaning trash) and you deal with it. Be creative. What are you willing to do to get into the house? How can you make it easier for the Seller?

Maybe, as a Buyer, you choose to sit it out for now. This market will change. It always does. As some of the new homes get built, as interest rates start to rise, we will begin to see more inventory hit the market. That means that a Seller who sees 10 offers now, will get three. Maybe instead of going pending in 2 days, it will take 2 weeks. The market will start to change, and different strategies will come into play. Sellers will take contingent offers again and now more inventory can hit the market as the “middle market” can start to move again.

Whatever option you choose, whether you are a Buyer or a Seller, one thing I know for sure is – this too shall pass.

36 | ycrealestateguide.com LOOKING TO BUY OR SELL A HOME? GET MORE WITH ROLANDO!

Hablo español

N E W LI STI N G

Rolando Huber Licensed Principal Broker in Oregon

CRS,GRI,ABR,AHWD

971-241-0082

Call or Text Me MORE REALTY INC. 2125 NE McDonald Lane McMinnville OR 97128

$424,900: Move-in Ready! One story 4bd/2ba home - perfect for first time home buyers. Newly painted interior and 2 years ago exterior. Newer carpet throughout and stainless steel appliances including side by side refrigerator. Front cover porch, fenced backyard and oversize patio 44’ X 10’ with a cover gazebo. Must See!! ML#21005041

$137,900: This great manufacture home is located in 55+ park convenient to Evergreen Air Museum in McMinnville. 3 bedroom 2 full bathrooms, A/C, oversize bedrooms, laminated flooring throughout.

Oversize carport with extra parking and tool-shed. MUST SEE!! ML#21621503

PROVEN RESULTS WITH SELLERS & BUYERS

Ready to make a move?

I'm here to help you get there.

Let’s get started! Give Steve a call for your next home purchase or refinance.

Steve Myers

Loan Officer | NMLS ID# 113523 1945 NE Baker Street McMinnville, OR 97128 O: 503.883.8490 | M: 503.709.1244 smyers@guildmortgage.net

Apply Online

guildmortgage.com/stevemyers I am authorized to do business in the states of Oregon and Washington. OR ML-176; Guild Mortgage Co is an Equal Housing Lender; Company NMLS 3274 (www.nmlsconsumeraccess.org). All information, loan programs & interest rates are subject to change without notice. All loans subject to underwriter approval. Terms and conditions apply. Always consult an accountant or tax advisor for full eligibility requirements on tax deduction.

ycrealestateguide.com | 37

AFFORDABLE LIVING IN NEWBERG

RIVER RUN

Prices starting at $399,900 3 Bedroom 2.5 Bathroom homes River Run is a new development in Newberg, Oregon these 98 homes are selling fast. Each lot has a new construction home at an affordable price point these homes offer 3 Bedrooms and 2.5 Bathrooms ranging from 1,588 Square Feet to 1,807 Square Feet.

Call today to schedule a showing! For all investors, this home is in the Opportunity Zone.

Open Neighborhood held Saturdays & Sundays 12-3pm

Stainless steel appliances, quartz counter tops, oil rubbed bronze finishes, fenced, front and back yard landscaping.

Phase two of this development is currently being built by Tassy Davis Construction and Del Boca Vista. All listings are presented by Matt Willcuts.

Hold camera phone over QR code to be directed to website

Matt Willcuts Listing Agent

503-807-8008 mattw@willcutscompany.com Broker Licensed in the State of Oregon

38 | ycrealestateguide.com

18600 SE Amity Vineyards Rd, Amity MLS# 21320334 | $720,000

Tony o Paol

Roomy 3000 SF. Home Situated on Private 5+ Acres in Amity Wine Country!

Well maintained 7 bedroom, 3 bath home situated on 5+ acres in the Amity Hills Wine Country! Unique home offers vaulted ceilings, skylights, formal living room, dining room W/French doors leading to large deck and spa, and family room w/ ductless ht-pump. Kitchen offers all new Jenn-Aire SS appliances ready to install, eating bar and breakfast area, and skylights. Well designed floorplan, with additional room used for office. Storage area

in attic crawlspace, attached 2 car garage, city water and septic, nice acreage close to vineyards and wine tasting!

YOUR YC REALTOR born here. raised here. working here for you.

971.716.0862

yourycrealtor@gmail.com tonypaolo.premierepropertygroup.com

Tony Paolo

Real Estate Broker

Licensed in the State of Oregon

Frank Thierjung Broker, Sr, VP Licensed in State of Oregon

(503) 851-1636

frankt@cboregon.com www.frankt.cboregon.com

$475,000 NEW TO MARKET!

Say “Yes” To A New Address!

Charming vintage home on .92 ac in Lafayette. Zoned comm/resid 3 bed/3full baths and an office. Enjoy relaxing on one of the 3 porches. New kitchen, new master bath, new paint, newer roof, and attention to detail throughout. Original fir floors and original windows. Turn this lovely 1800s home into a home business or a wine tasting room. Approx. 2400 sqft. Seller is a licensed broker.

Jolie Richards Broker Licensed in Oregon

971.241.2508

jolie@thebellacasagroup.com www.homesnap.com/Jolie-Richards

Shelby takes pride in making other people feel acknowledged, comfortable and listened to. Her experience has always involved helping and serving others. Her former career in the medical field has taught her invaluable compassion for others. She brings over her passion for relationship and service to her clients. Being a trusted advisor is her number one priority. She is honest, loyal, dedicated and hardworking.

When Shelby is not serving her clients she enjoys spending time with her children and husband.

She loves seeing visions and dreams come true and that’s exactly what she wishes for you in your real estate journey.

Shelby Koster April Cover & Feature Real Estate Broker Photos by Ashley James 503.936.4102 yourhavenfound@gmail.com Photography Licensed in the State of Oregon

ycrealestateguide.com | 39

Teri Steneck

Principal Broker/Owner 503-888-9444

503-538-5324

Jessica Bean

Broker/Buyers Agent

Kim Williams Broker/Buyers Agent

All Brokers Licensed in the State of Oregon.

VALLEY REALTY PROFESSIONALS.COM

SALE PENDING 100 S. Garfield, Newberg: Great Investment

Property! 1.95 Acres. Zoned R-2 Medium Density.

Possible 3000Sf Lots Or Duplexes. Existing 2004SF Duplex 3 Bedrooms & 1.5 Baths on each side of property.

In the “Opportunity Zone”. Offered @$899,900

892 SE Locust, Dundee: If You are Looking For an Almost 1200Sf Amazing Shop Insulated and with a Full Bath and Power. This is It! Almost 12,000SF Lot. A Driveway with Plenty of Room for 4 Large RVs and Cars.

New Kitchen in 2018 with Cabinets, Counters & Flooring. Open Floor Plan. Forced Air Gas with Central A/C. Originally Remodeled in 1996. Nice Large Fenced Back Yard. Possibly a Rental or Airbnb.

Offered @$499,900

15836 SW Madrona, Sherwood: Come Home to This Beautiful Move-In Ready Home with 3 bedrooms and 2 1/2 Baths with 1646SF. Open and Airy! Updated in 2021 with LVT Flooring, Interior Paint, Kitchen & Baths. New Roof in 2018. New Forced Air Gas Furnace & Heat Pump in 2018. Perfect for Entertaining with an Amazing Outdoor Space. Fenced Backyard that Looks onto a Wooded Greenspace. Nice Covered Deck & Gazebo with a Fire Pit. Offered @$534,900

NEVER A CHARGE FOR VALLEY REALTY’S BUYERS AGENTS TO HELP FIND YOU THE PERFECT PROPERTY!

SALE PENDING HARD TO FIND ONE LEVEL HOME! Built in 1995. 3 Bedrooms 2 Baths. Put Your Personal Stamp on it. Close to Downtown Shops, Wine Tasting Rooms, and Popular Restaurants But on a Quiet Street. Make This the Best of Both Worlds. New Roof in 2017, New Exterior Paint in 2020, and New Back Fencing in 2017. RV Parking and Covered Deck. Offered @$399,900

509 SW Walnut, Dundee: Come Home to Beautiful Dundee Hills!

1969 SF with 3 Bedrooms & 2 Full Baths. Built in 1967 with all the Charm of the 60’s.RV Parking.Close to Many Renowned Vineyards. Your Chance to Live On The Hill In Dundee! Offered @$514,900

VALLEY REALTY PROFESSIONALS. COM Vineyards • Gold Mines • Rock Quarries • Farms • Luxury Homes

WANT TO SELL FAST? I HAVE CASH BUYERS THAT WILL BUY YOUR PROPERTY! QUICK CLOSE & WILL GIVE YOU PLENTY OF TIME TO MOVE OUT! CALL TERI @ 503-888-9444

ENDLESS SPACE

320 Acres | VISIT WWW.ROCKOFAGESLAND.COM $3,490,000 | Absolutely stunning valley and mountain views from this private 320 acre parcel just minutes outside McMinnville. Soil, elevations, slope and exposures are suitable for planting vines. Existing zoning (AF-80) will allow for partitioning of this lot with up to 2 home sites.

A timber cruise shows 1.87M MBF. Beautiful mountain and valley views, trails run throughout the property- excellent for hiking, riding, & hunting (elk and black tail deer) . Nearby McMinnville airport, private boarding school 20 min away. This sale is subject to final lot line adjustment. Timber cruise & soil studies available. Buyer to do due diligence. Please contact us for additional information.

Randy McCreith Principal Broker

Joni McCreith Principal Broker

Krissy Lookabill Principal Broker

Catherine Summers Principal Broker

Fred Byeman Principal Broker

503-310-9844 | www.TheMcCreithTeam.com

Molly Barajas Principal Broker