The McCreith Team - Yamhill County Real Estate

Pending and Sold properties in Yamhill County Real Estate

admin — Mon, 27 Feb 2012 21:04:46 +0000

The following properties have sold or gone pending this past week in Yamhill County real estate.

Sold and Pending Properties in Yamhill County Real Estate The following properties have sold or gone pending this past...
Sold and Pending Properties in Yamhill County Real Estate The following properties have sold or gone pending this past...
Sold and Pending Properties in Yamhill County Real Estate The following properties have sold or gone pending in Yamhill...

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Yamhill County Real Estate – Market Action Report

admin — Mon, 27 Feb 2012 20:06:55 +0000

There is much good news in the Market Action Report for the Portland metropolitan area for January 2012:

Home Sales Report for Yamhill County – January 2012

Market Action Report for January 2012

1. Inventory is low and has been declining for most of last year. There are mixed reasons for this (not out of the woods yet) but one substantial reason is that sales volume is up and that trajectory has been solid for 6 months now. We are seeing the effects of this in the market place where buyers are much more restrained in their demands because they are not inundated with so many intoxicating choices. Now, if they want a property they often have to be reasonable to get it.

2. The Affordability Index is at an all-time high (see the last page). The combination of low prices, exceptional interest rates, etc is sky high. While the National Association of Realtors® tracking on this is only a decade, I recently read a news report that this is true for the past 4 decades. I suspect that this might be true even longer than that. Our housing depression of the past 4.5 years is the worst since the great depression of the 30s.

3. Closed sales for this time of year are the highest since pre-crash 2007.

4. Pending sales for January are up 22.4% over a year ago and 26% higher than in December proving that the reduction in closed sales since December is explained by the normal push for year-end closings (tax purposes, etc).

5. Time on the market is also dropping; it has been going up since August of 2007.

6. Regarding price, the news is also mixed but this is an improvement over the normal bad news:

Average sale price is flat compared with last January. This reflects the reality that the whole market, not just the lower end distressed housing or the first time owner houses, are selling. This is great news for many people who have been waiting to sell for years.
Both the average and median sale prices are down between 6-7% for the past year. This represents the fact that values are still dropping but slower and less than over the past 3 years.

We are optimistic for this year.

To date our office has sold an $850k filbert farm, two luxury homes over $500k, a duplex, 2 buildable lots, a home we had listed for almost 3 years, a short sale, and a several normal neighborhood homes of various prices.
We have pending sales on 14 properties from $90k to $1,500,000. This includes rural properties over $500k, lots and land, a luxury home, a rental property, a golf course neighborhood property, and numerous homes spread out over the county.
Our new listings are a nice wide spectrum including a $2 million Bed and Breakfast with unique entitlements making its value much greater still.

We are not back to normal but if we continue in this fashion we expect a good year and one we can finally prove is a turn in the housing market. It was the housing market that took our economy down, most recessions end with the housing market pulling the economy up; let’s hope the time has finally come.

As always, glad to have your thoughts and comments.

Best regards,

Randy

Yamhill County Real Estate Market Action Report View the full analysis of June’s real estate market performance...
Market Action Report for July 2011 View the full analysis of July’s real estate market performance...
Monthly Market Action Report View the full April 2011 Portland Metro Market Conditions Report with...

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Bella Casa 5 Year Anniversary Event

admin — Mon, 27 Feb 2012 20:00:27 +0000

To celebrate our 5 year anniversary we are hosting two community open house events! Stop in, taste some wine, enjoy some food… Our personal art collection from years of enjoying Yamhill County’s many talented local artists will be on display at both locations. We’d love to see you!

Drawings for prizes include a Kindle Fire, 1 of 4 iPod shuffles, gift certificates to local restaurants and coffee shops, local wine, and much more! Free gift for everyone who comes!*

*one free gift per family. while supplies last.

Newberg Art Walk at Bella Casa Featuring Wine by Denison Cellars Join us tomorrow night from 5 – 9 pm and...
Newberg Art Walk at Bella Casa Featuring Duck Pond Cellars This Friday, November 4th we are excited to feature Duck...
Newberg Art Walk at Bella Casa Featuring Artist and Photographer Ashley Nicole Please join us at Bella Casa Real Estate Group this...

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Jeanne Cuddeford at Bella Casa Art Walk February 3rd

admin — Tue, 31 Jan 2012 16:30:25 +0000

: Canola Sunshine

After Art Walk’s January break, we are super excited to be back for the rest of the year! This Friday, February 3rd from 5 to 9 pm we invite you to join us at 700 E First St, on the corner of College and First, for a great experience involving beautiful and local art, wine, and great company.

This Friday we are featuring Jeanne Cuddeford, oil painter and Oregon native! The following short bio is taken from Jeanne’s website, www.jeannecuddeford.com. Please don’t miss this event!

“I specialize in realistic/impressionistic oil painting. I am a native Oregonian and love the diverse seasons and temperaments of Oregon, which you will see in my work.

Whether I am painting gardens, landscapes, a still life, or orchards the atmosphere and spirit are important elements. Art is important because it enriches our view of the familiar and of the world.

The artist is a perceptual window. A dark, rainy day is not so gloomy if we focus on the brightly colored umbrellas. And just as a smile encourages the weary, a painting should encourage the viewer.”

: Porto Venere

: Valley Skies

: Flaming Crimson

On the first Friday of every month the very best of local art is on display – all in one centralized location! You’ll see talent that has been encouraged and developed by our very own landscape – the vineyards, the mountains, the buildings, the people… It’s nothing short of inspiring. And although the art is the reason we gather, it gives an opportunity for tasting fantastic local wines and engaging with others our community. You won’t be disappointed if you do come out for a few hours. You’ll be surprised by how much fun it is and impressed by everything that Yamhill County has to offer. We look forward to meeting you at Bella Casa Real Estate Group!

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Newberg Art Walk at Bella Casa Featuring Youngberg Hill Wines If you haven’t made it to an Art Walk yet,...
Newberg Art Walk at Bella Casa Featuring Duck Pond Cellars This Friday, November 4th we are excited to feature Duck...

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Sold and Pending Properties in Yamhill County

admin — Mon, 30 Jan 2012 18:54:05 +0000

The following properties have gone pending or sold this past week in Yamhill County real estate. The McCreith Team is here to help you with all your real estate needs. If you have questions regarding listing your property, buying a property, or just the market in general, we would love to talk! Please call (503) 310-9844 or email info@themccreithteam.com for a quick response from a real person!

Sold and Pending Properties in Yamhill County The following properties have sold or gone pending this past...
Sold and Pending Properties in Yamhill County The following properties have sold or gone pending this past...
Sold and Pending Properties in Yamhill County The following properties have sold or gone pending in Yamhill...

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Sold and Pending Properties in Yamhill County Real Estate

admin — Mon, 23 Jan 2012 21:06:45 +0000

The following properties have sold or gone pending this past week in Yamhill County Real Estate. Visit our website to search all Yamhill County real estate for sale.

Sold and Pending Properties in Yamhill County Real Estate The following properties have sold or gone pending this past...
Sold and Pending Properties in Yamhill County Real Estate The following properties have sold or gone pending in Yamhill...
Sold and Pending Properties in Yamhill County Real Estate The following properties have sold or gone pending this past...

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$100,000 price drop on luxury property in Newberg, Oregon!

admin — Wed, 28 Dec 2011 04:04:14 +0000

Incredible opportunity for a luxury property on 4.57 acres with beautiful valley views, a guest apartment, stone patios, and cross-fencing. Now listed at $699,900.

Learn more about this property…

19560 NE Herring Lane in Newberg 19560 NE Herring Lane Newberg, OR 97132 Impressive property meticulously...
6 Reasons to Reduce Your Home Price Article by G.M. Filisko HouseLogic.com While you’d like to get...
Downtown Newberg First Friday Art Walk Featuring Evergreen Vineyards First Friday Artwalk in Newberg is this Friday, May 6th...

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Sold and Pending Properties in Yamhill County Real Estate

admin — Mon, 05 Dec 2011 20:57:43 +0000

The following properties have sold or gone pending this past week in Yamhill County. Please visit The McCreith Team’s website to search for all Yamhill County properties for sale.

Sold and Pending Properties in Yamhill County Real Estate The following properties have sold or gone pending this past...
Sold and Pending Properties in Yamhill County Real Estate The following properties have sold or gone pending in Yamhill...
Sold and Pending Properties in Yamhill County Real Estate The following properties have sold or gone pending this past...

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Like Us on Facebook! This December we donate to YCAP for every “Like” we receive.

admin — Sat, 03 Dec 2011 05:39:55 +0000

This December, The McCreith Team is proud to once again participate in Bella Casa Real Estate Group’s annual food drive to benefit YCAP. To kick off the event, we invite you to “LIKE” The McCreith Team on Facebook. Invite your friends to “like” us as well! For every person who “likes” us during the month of December, we will donate 1 can of food or 1 food item to YCAP.

If you would like to make a non-perishable food donation to YCAP, you may drop your donation off at either of our office locations.

McMinnville Location
207 NE 19th St Suite 100
(corner of 19th and HWY 99W in the same building as Urgent Care)

Newberg Location
700 E First St Suite 100
(corner of College and HWY 99W across of Chapters)

Thank you so much for your generous donations, and for “liking” us!

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Newberg Art Walk Tonight with Artist Elizabeth Berg

admin — Fri, 02 Dec 2011 19:12:36 +0000

Elizabeth Berg is an illustrator, freelance artist and art teacher. We are thrilled to feature her work for our Friday, December 2nd Art Walk tonight from 5 until 9 pm. Her work will also be featured at our office for the entire month of December, but we encourage you to make a trip into town tonight and enjoy this wonderful event. We will be serving festive Poinsettia cocktails with Argyle sparkling wine.

Cover Girl

The bio below is a little bit about Elizabeth from her own website, www.Elizabeth-Berg.com.

“There is a universal language that crosses all cultural borders. Held
within images are feelings, emotions that evoke, that prove our unity.”
–Elizabeth Berg

I grew up in a house filled with antique books and furniture. My mother was the great collector, my father a violinist.

My first childhood delight was to pour through the old illustrations, full of life and history and wonder. Those ancient illustrations left a most powerful impression upon me as a child. They gave me an insatiable desire to make art and create beautiful images.

I won the first of several awards at age ten. I was recognized as a prodigy at about eleven years old and accepted into Chiounard Art School in California, as a ‘special student’. I’ve had several wonderful art teachers. After extensive art history study, I could not be restricted to a single style.

So, for many years I have taken the influence of the illustrators of old — and the art history from many cultures — and developed a number of very diverse expressions and styles of my own.

My work experience is as varied as my art. I have worked as an illustrator for several publications. As a freelance illustrator I have created everything from commercial advertising, package design, children’s book Illustrations, covers, and characters… to corporate logos and everything in-between.

As a visionary my mind provides endless links to endless trails of images and solutions to all manner of mauscript, from imaginative fantasy stories to poems and educational material.

As an artist, I am constantly producing new visions and new styles for myself or for my clients. I especially enjoy translating complex concepts into visual illustrations.

As an art teacher, I have a unique way of working with each of my students, as well as the inexperienced. My wish is to help them to know that art is in all of us and it is easy to access.

I think I am a good communicator. I hope that you will give me the opportunity to help you get to the heart of what you want or need.

Thank you,
Elizabeth Berg

Two Women with Hats

Cat Girl Sculpture

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