Newberg ‘Fixer’ Priced to Sell!

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This recently listed rural Newberg, Oregon ‘fixer’ A-Frame style home features seclusion on approximately 7.5 acres in wooded surroundings. 

Video Tour

The spacious living room and fireplace provide terrific window views.

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This home’s roof is nearing the end of its useful life. There is also some significant deferred maintenance, so bring your hammer. List price is $299,900.

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With lots of privacy, this could be a wonderful writer/artist retreat. Large wraparound deck. Pull-down ladder with plentiful storage in 16×20 cement floor detached garage/shop.

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A spacious, carpeted loft is located directly above the living room area.

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View the full color flyer for this attractive Newberg, Oregon property here, or by clicking on the image below.

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For more information, contact our sponsor, Certified Realty at 503-682-1083, or use the convenient form below.

Posted in 97132, Newberg Acreage, Newberg Hobby Farm, Newberg Home Selling, Newberg Homes, Newberg Homes For Sale, Newberg Homeselling, Newberg Oregon Acreage, Newberg Oregon Hobby Farm, Newberg Oregon Homebuyer, Newberg Oregon Homebuying, Newberg Oregon Homes, Newberg Oregon Properties, Newberg Oregon Property, Newberg Oregon Realty, Newberg Properties, Newberg Real Estate, Newberg Realty, Yamhill County Homes, Yamhill County Properties, Yamhill County Real Estate, Yamhill County Realty | Tagged , , , , , , , , , , , | Leave a comment

Oregon Homeselling: Easy As 1-2-3!

While real estate can seem complicated, there is a logical progression helpful to selling an Oregon home and it’s truly as simple as 1-2-3. The process between buyers and sellers is routinely described as a kind of dance, so let the waltzing begin.

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Fundamentals
There are plenty of related tasks associated with any real estate transaction, yet the key process that gets homesellers a workable offer can be simplified to three primary steps. Then, once a mutually accepted offer is in hand, the phase to close the sale begins. But the fundamentally crucial elements start long before that.

Curious? Here we go:

1. Online activity ——-> 2. Showing activity ——-> 3. Offer Activity

This process looks simple and in a way, it is. So let’s break it down.

The Home-Selling Waltz, Step by Step
First, it’s helpful to realize that buyers generally behave in somewhat predictable phases.
This means they routinely go to Step 1 before Step 2 or Step 3. There is very little skipping around. For example, it’s uncommon for a buyer to start at Step 2, or leave out any steps. You’ll soon understand why.

Getting ‘Unstuck’
It’s also important to know that if your homeselling efforts are ‘stuck’ at a particular step in the process, a professional Realtor experienced in diagnosing such issues can be invaluable in saving you time, effort and money! 

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Step 1. Online Activity
Recent statistics show that more than 92% of homebuyers search online for their next home, often before they even contact a Realtor. And though 90% of homebuyers hire a real estate professional, they frequently continue their search online, while their agent matches properties to fit their needs.

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Even Batman Doesn’t Have This In His Utility Belt
Homesellers have a helpful tool in their utility belt, since online buyer activity can be monitored to evaluate buyer response, or lack of it. That valuable tool is a daily report on buyer activity for your specific property.

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As a result, your Realtor can provide you with regular updates on buyer Internet activity on your home from a variety of sources. Some of these key sources include Realtor.com and the local multiple listing service. This data gauges if your property’s popularity is really ramping up, falling fast or simply ‘meh.’

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Realtors who invest resources in subscribing to these proprietary services can easily track your home’s online popularity and determine overall buyer response with various tools to monitor Internet buyer activity.  

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Step 2. Showing Activity
The jump from online home searching to touring inside homes is a significant one. Since agents commit considerable time and effort and are usually paid only after a buyer purchases a home, this typically means touring buyers have also been pre-qualified by a lender. In other words, we’re now in the realm of a qualified home purchaser, who is ready, willing and able to buy. Research shows that the typical home buyer searches for 10 weeks and views 10 homes.

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Step 3. Offer Activity
The final leg in this three step journey is when an offer is written and submitted for the seller’s consideration. By writing an offer, this step also helps to confirm that the property is likely priced within a reasonably market-friendly range. For example, wildly over-priced homes don’t usually get much more than ‘low-ball’ offers, if any. 

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The End of the Beginning
There is still plenty to do after Step 3, but an acceptable offer places the process into the remaining phases of a real estate transaction. These can include things like escrow, home inspection(s), a preliminary title report, appraisal, loan documents and closing.

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Thinking about Selling?
Call (503) 682-1083, or email Roy at

Certified Realty for a free consultation on what your property could sell for in today’s market.

Posted in Newberg Home Selling, Newberg Homes, Newberg Homeselling, Newberg Market Statistics, Newberg Oregon, Newberg Oregon Homes, Newberg Oregon Properties, Newberg Oregon Property, Newberg Oregon Realty, Newberg Properties, Newberg Property, Newberg Real Estate, Newberg Realty | Tagged , , , , , , , , , , , , | Leave a comment

Homeselling Without A Realtor Can Hurt You When Buying

Newberg’s real estate market is more competitive than in years past and it’s now a bit akin to a footrace.

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Newberg’s housing market is getting more competitive

But it’s not just Newberg. For example, in the greater Portland metro area that includes Clackamas, Multnomah, Washington and (of course) Yamhill counties, there is now 3.4 months of home inventory. That’s close to half the supply of what many consider to be a ‘balanced’ housing backlog of 6 months.

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Local Housing Inventory in Months

As a result of this ‘seller’s market,’ home buyers throughout Newberg are competing for fewer available homes. So if you’ll be buying a home anytime soon, ensure your offer is most competitive. One way is to hire a Realtor when both buying and selling. Curious about why this is important? Then read on.

What To Do
If like most home buyers, you need to sell your current property in order to buy another home, to be taken seriously by home sellers in this ‘seller’s market,’ it’s crucial to have at least a pending sale on your current property before making an offer. As a result of this competitive market environment, it can make a difference to have a Realtor represent you when both buying and selling. You’re about to see one example why.

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Advantage: Realtor

Transparency
To convince a homeseller that your offer is the best, a key factor is transparency. That’s because if you’re buying a home, there are likely to be other buyers also interested in the same property. Put yourself in a seller’s shoes. Before taking their property off the market, most sellers want verifiable assurance that an offer is likely to actually ‘close.’  As a result, they frequently expect a certain amount of credible information to determine the likelihood of success.

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In this Newberg real estate market, expect competing buyers for attractive properties

What Not To Do
Recently some ‘for sale by owner’ sellers were also purchasers.  But they seriously hurt their odds to purchase the house they wanted by not hiring a Realtor to sell their property. Why? Since these buyers were selling ‘by owner,’ no reliable information on their unlisted property’s sale was available for the Realtor representing the seller of the house they wanted, to confirm their ‘pending sale’ status. Did these buyers really have a ‘pending sale’ so they could proceed to purchase? Or was their ‘sale’ more of a handshake, riddled with contingencies? With no Realtor involved in a buyers’ sale transaction, it can be difficult to verify much at all.

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Oregon’s natural beauty attracts many home buyers

These ‘for sale by owner’ buyers did one thing right, as they hired a Realtor to represent them in making an offer. But due in part to their alleged ‘pending sale’ not being managed by a Realtor to confirm the home inspection, appraisal, and buyer’s financing had been dealt with properly, along with possible unknown contingencies in their sale transaction, the ‘for sale by owner’ buyers’ offer was rejected.

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In buying your Newberg home, put your best foot forward. Then you can later put both feet up!

Put Your Best Foot Forward
Unlike those unsuccessful home buyers, you can put a good ending on your next transaction. The best solution when buying and selling a Newberg home? Be competitive and hire an expert Realtor. Speak with qualified and experienced Realtors to represent your best interests by contacting our NewbergHomes.com sponsor, Certified Realty at 503-682-1083 or use the convenient form below.

Posted in 97132, Newberg Home Selling, Newberg Homes, Newberg Homes For Sale, Newberg Homeselling, Newberg Market Statistics, Newberg Oregon, Newberg Oregon Homebuyer, Newberg Oregon Homebuying, Newberg Oregon Homes, Newberg Oregon Properties, Newberg Oregon Realty, Newberg Properties, Newberg Property, Newberg Real Estate, Newberg Realty, Yamhill County Homes, Yamhill County Properties, Yamhill County Real Estate, Yamhill County Realty | Tagged , , , , , , , , , , , , , | Leave a comment

Newberg Real Estate: What To Expect In 2015

Feature Article by Realtor Roy Widing

Predictions on Newberg’s real estate market are difficult to make with accuracy. Take, for example, local weather forecasts. Even when armed with technology like detailed satellite images, plus wind, barometric and temperature data, weather forecasters can get it wrong…and that’s for predictions merely a week or two away! 

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Accurately Predicting Weather & Real Estate Trends Seems Easy

Predicting Newberg’s Real Estate Trends
Now imagine the difficulty in predicting real estate market activity a full year into the future. Along with seasonal influences, other challenges in real estate forecasting include changing interest and employment rates, ever-shifting home inventory levels, plus a myriad of lending regulations and the mysteries of the Federal Reserve’s monetary policy, just to name a few.  Little wonder, then that some view real estate predictions as akin to flipping a coin or using a dart board.

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Although Fun, Darts Are A Poor Choice For Accurate Real Estate Forecasting

Real Estate Forecasting: What Can Work
While not foolproof, one generally helpful tool for predicting future real estate trends can be past real estate trends. Major unpredictable shifts occasionally occur, but the key word here is occasionally.

For example, the Great Recession that hit Newberg and the rest of the country starting around 2007-2008 was our nation’s worst economic downturn since 1929.  Thankfully we haven’t seen such financial meltdowns every year, or every decade, or even every half century. So aside from similar cataclysmic shifts, a certain degree of real estate predictability is possible. 

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Regional Home Price Chart Including Yamhill County

Reasons For 2015 Newberg Real Estate Optimism
Several factors are coming together to provide for an optimistic New Year in our area. As you’ll see, some factors are under federal control and others occur locally, but each has an impact on Newberg real estate. So if you’ve held off selling your Newberg area home, here are four of them that portend a good 2015: 

1. Credit Scores Loosen
Most homebuyers need a home loan, generally known as a mortgage. The good news is that mortgage credit is becoming more available as lenders loosen credit requirements.

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Credit (FICO) Requirements Have Loosened

2. Lower Down Payments
Government-sponsored loans from Fannie Mae and Freddie Mac recently brought out a 3% mortgage option. If conventional lenders also start offering similar low-down payment choices, this could bring more first time homebuyers into the market. This vital Oregon homebuyer group has long been under-represented, with their levels at the lowest since 1987.

3. Consumer Optimism
Recent figures from the National Association of Realtors confirm homebuyers are now more optimistic. This includes our area. When it comes to single family homes, the ‘Confidence Index’ chart below shows most states now have a majority level of optimism in their region, including ours.

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Orange & Red = Strong Single Family Home Consumer Confidence

4. Home Inventory Remains Low
Thanks in part to the reduced level of local new construction, home inventory in our region is still near historic lows. Our most recent survey shows we have 3.2 months of housing backlog. This suggests we have more buyers than sellers. As a result, Newberg homesellers can take advantage of what remains largely a ‘seller’s market’ heading into 2015. 

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Our Regional Home Inventory Remains Low

The Bottom Line
If you’ve held off selling your Newberg home because you were ‘under water,’ or concerned about the market being too low, now is a good time to consider re-evaluating.

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Many Newberg Homeowners Are No Longer ‘Under Water’

Newberg’s real estate market has changed. Experts predict regional home price growth to continue at a steady, albeit slower pace through 2015, compared to the 7.2% price increase to date for 2014. As a result, some suggest a 3% annual increase in area home prices. Depending on a variety of factors, that may indeed end up being conservative on the low end. For Newberg, expect between 3% to 6% in 2015 home price appreciation.  

Posted in 2015 Newberg, 97132, Newberg 2015 Market Forecast, Newberg 2015 Real Estate Predictions, Newberg Average Home Price, Newberg Home Selling, Newberg Homes, Newberg Homes For Sale, Newberg Homeselling, Newberg Market Statistics, Newberg Median Home Price, Newberg Oregon, Newberg Oregon Homes, Newberg Real Estate, Newberg Realty, Oregon Real Estate Inventory, Yamhill County Home Prices, Yamhill County Homes, Yamhill County Properties, Yamhill County Real Estate, Yamhill County Realty | Tagged , , , , , , , , , , , , , , , , | Leave a comment

Newberg Real Estate Update

New figures from Ticor Title Company show the median list price for a Newberg home is little changed, with the average market time to sell a Newberg home increasing.

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Click Image For Newberg Area Report

Click here or on the above image to view this latest report on Newberg, Oregon real estate.

Thinking of selling your Newberg area home or land? Contact our sponsor, Certified Realty using the convenient form below for a FREE report on what your property could sell for in today’s market.

Posted in Newberg Average Home Price, Newberg Home Selling, Newberg Homes, Newberg Homes For Sale, Newberg Homeselling, Newberg Market Statistics, Newberg Median Home Price, Newberg Oregon, Newberg Oregon Homes, Newberg Properties, Newberg Real Estate, Newberg Realty, Yamhill County Home Prices, Yamhill County Homes, Yamhill County Properties, Yamhill County Real Estate, Yamhill County Realty | Tagged , , , , , , , , , , , , , | Leave a comment

Newberg’s Spendiest Home Sale

As November winds down, recent information from the Regional Multiple Listing Service (RMLS) suggests one Newberg home sale will stand out as the most expensive for the month.

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However, the property also features over 3 acres with a view, so this recent sale involves more than the usual home features, which helps to explain the higher-than-usual price.

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Located on NE Corral Creek Road, the house features over 2,500  square feet of living space, with 3 bedrooms and 2.5 bathrooms. 

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According to RMLS records, the final selling price for this Newberg property was $581,000. It was initially priced at $595,000 and on the market for 23 days before selling.

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‘Oregon’s Choice Since 1950’

Thinking about selling your Newberg home? Family owned and operated for 64 years, Certified Realty sells Newberg real estate in every price category. For a FREE report on what your Newberg property could sell for, contact Certified Realty using the convenient contact form below.

Posted in Newberg Highest Home Price, Newberg Home Selling, Newberg Homes, Newberg Homes For Sale, Newberg Homeselling, Newberg Market Statistics, Newberg Oregon, Newberg Oregon Highest Home Price, Newberg Oregon Homes, Newberg Properties, Newberg Real Estate, Newberg Realty, Newberg's Most Expensive Home, Portland Metro Real Estate | Tagged , , , , , , , , , , , , , , , | Leave a comment

Newberg Real Estate Update

New housing figures from Ticor Title Company suggest relative calm for our Newberg real estate market. Autumn has settled in. Gone, for now at least, are what have been strong shifts in home price and average market time around Newberg.

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Click Above Image to View Full Report

The median list price for a Newberg home is $344,250, with the average market time now 221 days, or more than seven months.

Click here or on the above image to view additional insights into our local housing market, such as Newberg’s median house and lot size.

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‘Oregon’s Choice Since 1950’

Thinking about selling your Newberg home, lot or acreage? For a FREE report on what your Newberg property could sell for in today’s market, contact our NewbergHomes.com sponsor, Certified Realty using the form below. Still family-owned and operated, Certified Realty is Oregon’s choice since 1950. 

Posted in 97132, Newberg Home Selling, Newberg Homes, Newberg Homes For Sale, Newberg Homeselling, Newberg Market Statistics, Newberg Median Home Price, Newberg Oregon, Newberg Oregon Homes, Newberg Properties, Newberg Real Estate, Newberg Realty | Tagged , , , , , , , , , , , , | Leave a comment

Newberg’s Spendiest Sold Home

Of all the Newberg homes sold last month, one stands out.

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This is Newberg’s highest priced sold home last month.

That’s because out of all sold Newberg homes last month, according to the Regional Multiple Listing Service, one was clearly the winner. It wasn’t even close, because the second place home sold for for roughly one-third less than the winner.

Drum Roll, Please
After a market time of more than 5 months, October’s most expensive Newberg property sale closed for $659,000 with conventional financing.

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This sold property includes a Mt. Hood view, too!

This winning Newberg property on NE Kramien Road features 5 bedrooms and 3 bathrooms with more than 3,200 square feet of living space on 10 acres.

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This property features gleaming hardwood floors, too.

Thinking about selling your Newberg area home, lot, farm, or acreage? Contact our NewbergHomes.com sponsor, Certified Realty using the form below for a FREE report on what your Newberg property could sell for in today’s market.

Posted in 97132, Newberg Highest Home Price, Newberg Home Selling, Newberg Homes, Newberg Homes For Sale, Newberg Homeselling, Newberg Market Statistics, Newberg Oregon, Newberg Oregon Highest Home Price, Newberg Oregon Homes, Newberg Properties, Newberg Real Estate, Newberg Realty, Newberg's Most Expensive Home, Yamhill County Home Prices | Tagged , , , , , , , , , , , , , , , | Leave a comment

Newberg, Oregon Real Estate Update

A new report on Newberg real estate was just released by Ticor Title Company. This survey confirms a variety of changes in our Newberg housing market. Click here to view this FREE new report on Newberg, Oregon real estate, or click on the image below.

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According to this latest survey, the median list price for a Newberg, Oregon home is now $323,750. The average market time to sell a Newberg home is now 196 days, or between 6 and 7 months. And with a median house size of nearly 2,000 square feet, Newberg homes on the market are pretty spacious.

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Our sponsor Certified Realty recently sold this spacious and attractive Newberg Home.

Have you considered selling your Newberg, Oregon home? Contact our sponsor, Certified Realty using the convenient form below for a FREE report on what your Newberg property could sell for in today’s market. Family owned and operated since 1950, the professionals at Certified Realty  specialize in the sale of Newberg homes and properties.

Posted in Newberg Home Selling, Newberg Homes, Newberg Homes For Sale, Newberg Market Statistics, Newberg Oregon, Newberg Oregon Homes, Newberg Real Estate, Newberg Realty, Yamhill County Homes, Yamhill County Properties, Yamhill County Real Estate, Yamhill County Realty | Tagged , , , , , , , , , , , , | Leave a comment

Why Use A Realtor, In 30 Seconds

A very telling article was recently released in a national real estate journal. In just two images, it explains why the vast majority of homesellers work with a Realtor.

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Click Image to Enlarge

The infographic on the left shows the huge percentage of homesellers who hire a Realtor.

The infographic on the right shows why. Homesellers average a 25% higher selling price with a Realtor.

Thinking about selling your Newberg, Oregon property? Don’t leave money on the table. Certified Realty sponsors NewbergHomes.com and is Oregon’s choice since 1950.

Contact Certified Realty for a FREE report on what your Newberg home could sell for in today’s market using the convenient form below.

Posted in 97132, Newberg Home Selling, Newberg Homes, Newberg Homeselling, Newberg Oregon, Newberg Oregon Homes, Newberg Properties, Newberg Real Estate, Newberg Realty, Portland Metro Real Estate, Yamhill County Homes, Yamhill County Properties, Yamhill County Real Estate, Yamhill County Realty | Tagged , , , , , , , , , , | Leave a comment

Newberg Housing Market News

A recent survey specifically on Newberg homes from Ticor Title provides interesting information on our local market as we head into Autumn. Newberg home prices have surged since July, making the median list price for a Newberg home now $380,000.

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The average market time to sell a Newberg home is now 235 days. In addition, 39% of Newberg properties on the market have had a price decrease. Click here or on the above image to view this just-released Newberg, Oregon real estate report.

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Some Sellers Prefer to Move  Into Their New Home Before the Holidays

Thinking about selling your Newberg, Oregon home? With Newberg home prices up, this could be a great opportunity to lock in your home selling profits. Contact our sponsor, Certified Realty for a FREE report on what your property could sell for in today’s market. Simply use the convenient contact form below for your FREE report.

 

Posted in 97132, Newberg Average Home Price, Newberg Home Selling, Newberg Homes, Newberg Homeselling, Newberg Market Statistics, Newberg Oregon, Newberg Oregon Homes, Newberg Properties, Newberg Real Estate, Newberg Realty, Yamhill County Home Prices, Yamhill County Homes, Yamhill County Properties, Yamhill County Real Estate, Yamhill County Realty | Tagged , , , , , , , , , , , , | Leave a comment

September’s Sold Newberg Homes

September is winding down and it was a good month for Newberg real estate. That’s because month-to-date, approximately 30 detached, single family Newberg homes have sold so far, according to the Regional Multiple Listing Service. RMLS records also confirm the highest price month-t0-date for a sold Newberg home was $670,000.

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This Newberg property topped recent local sales charts at $670,000

View photos of all these recently sold Newberg homes and their selling prices by clicking here. Allow a minute for photos to load, depending on your Internet connection.

stairs interior unfurnished house

Have you considered selling your Newberg home? Newberg real estate prices remain strong. For a FREE report on what your Newberg home could sell for, contact our NewbergHomes.com sponsor, Certified Realty using the contact form below.

Posted in Newberg Average Home Price, Newberg Home Selling, Newberg Homes, Newberg Homeselling, Newberg Market Statistics, Newberg Oregon, Newberg Oregon Homes, Newberg Properties, Newberg Real Estate, Yamhill County Home Prices, Yamhill County Homes, Yamhill County Properties, Yamhill County Real Estate, Yamhill County Realty | Tagged , , , , , , , , , , , , | Leave a comment

Newberg Real Estate Update

A new report on Newberg real estate was just released by Ticor Title Company. This survey confirms a significant upward price trend for Newberg homes, particularly over the past few months.

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Click Image For Report

According to this new report, the median list price for a Newberg home is now just under $385,000. And the average market time to sell a Wilsonville home? That figure is now at 232 days, or a little less than 8 months.

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Thinking about selling your Newberg home and curious what it could sell for? Now could be the perfect time, since Newberg home inventory is relatively low right now and compared to earlier this year, competition among sellers has diminished. This now makes Newberg more of a seller’s market.

Our NewbergHomes.com sponsor, Certified Realty will provide you with a FREE report that is tailor-made for your own property. For your FREE report, simply contact your Newberg real estate experts, Certified Realty using the convenient form below.

Posted in Newberg Average Home Price, Newberg Home Selling, Newberg Homes, Newberg Homeselling, Newberg Market Statistics, Newberg Oregon, Newberg Oregon Crime Stats, Newberg Oregon Homes, Newberg Properties, Newberg Real Estate, Newberg Realty, Yamhill County Home Prices, Yamhill County Homes, Yamhill County Properties, Yamhill County Real Estate, Yamhill County Realty | Tagged , , , , , , , , , , , , | Leave a comment

Newberg One of Oregon’s Safest Cities

A recent survey confirms something Newberg, Oregon residents already know: Newberg is a pretty safe place to live.

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Newberg is One of Oregon’s Safest Cities

Here’s the description from that recent survey:

Newberg…is another mid-sized city in northwest Oregon that is just outside of Portland. It offers impressive educational opportunities including George Fox University, a community college campus, private schools and solid public schools. With diverse industry, Newberg also has a variety of career options and is an appealing city to call home.

With an array of its own amenities, it is also located within an easy distance of Portland, offering residents a small town standard of living with the convenience of the city nearby. Forests, farmland, mountains and a river to call its own make Newberg a beautiful small town that offers much to residents. The town’s professional police force with its many programs is the driving force in keeping the city’s crime rate rock-bottom low.

To see which other Oregon cities made the list, view the entire report here.

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Posted in Newberg Crime, Newberg Home Selling, Newberg Homes, Newberg Homeselling, Newberg Market Statistics, Newberg Oregon, Newberg Oregon Crime Stats, Newberg Oregon Homes, Newberg Police, Newberg Properties, Newberg Public Safety, Newberg Real Estate, Newberg Realty | Tagged , , , , , , , , , | Leave a comment

Newberg Home: SOLD!

This attractive 4 bedroom, 2.5 bath home was recently sold by our NewbergHomes.com sponsor, Certified Realty.

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This lovely Newberg home just sold!

With a closing price of $360,000, this property rose in value by more than 25% in less than three years!

Yes, the Newberg housing market is back and now is a great time to sell. If you’ve considered selling your Newberg property, contact Roy at Certified Realty Company using the form below for a FREE report on what your property could sell for in today’s market.

Posted in Newberg 4 bedroom, Newberg Home Selling, Newberg Homes, Newberg Homeselling, Newberg Market Statistics, Newberg Oregon, Newberg Oregon Homes, Newberg Real Estate, Newberg Realty, Oregon Real Estate Inventory, Portland Metro Real Estate, Yamhill County Home Prices, Yamhill County Homes, Yamhill County Properties, Yamhill County Real Estate, Yamhill County Realty | Tagged , , , , , , , , , , , , , | Leave a comment

Just Listed: Newberg 4 Bedroom Home!

This attractive 4 bedroom/2.5 bathroom Newberg home with more than 2,850 square feet of living space was just placed on the market. 

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Click for Flyer

Click on the above image to view the full color flyer for this property.

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This lovely Newberg home is now for sale

Some features for this custom home include cherry floors, stone countertops, skylights, large windows, triple garage, plus a covered patio and fenced backyard, with in-ground sprinkler system too.

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View from dining area

This wonderful property is listed for $369,900 and includes a roomy 6,740 square foot lot.

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Relax and entertain in comfort under your all-season covered patio

Curious about financing? 

Stuart Brown, Willamette Valley Mortgage

Stuart Brown, Valley Mortgage

Contact Newberg’s own Stuart Brown for helpful loan information to purchase this beautiful home through Valley Mortgage here.

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Huge 16′ x 19′  bonus room

Additional features include a custom spice rack, wood, carpet and tile floors, self-closing kitchen drawers and built-ins.

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Cheery master bathroom

This beautiful home also includes natural gas heat and a natural gas fireplace, along with a luxurious master bathroom with soaking tub and shower, plus a master walk-in closet.  

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Spacious kitchen with island & handy pantry

For more information, contact Roy with Certified Realty at (971) 258-4822, email him at Roy@CertifiedRealty.com, or use the convenient contact form below. Click here for the full color flyer of this terrific Newberg home.

Posted in 305 W Edgewood, 305 W. Edgewood Drive Newberg, 305 West Edgewood Drive Newberg OR, Newberg 4 bedroom, Newberg Home Selling, Newberg Homes, Newberg Homeselling, Newberg Oregon, Newberg Oregon Homes, Newberg Properties, Newberg Real Estate, Newberg Realty, Portland Metro Real Estate | Tagged , , , , , , , , , , , , , | Leave a comment

Today’s Newberg Area Home Market

Recent Yamhill County real estate news confirms a booming increase in last month’s number of Newberg area homes with a pending sale. 

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Local Pending Sales Are Up 17.1%

Compared to 2013, March figures are up by 17.1% in the number of homes with a pending sale. However, we have some catching up to do. That’s because year-to-date, the number of local pending sales are still down by 4.2%. But with one more uptick like last month, and we could be well on our way to a banner year for Newberg area real estate. 

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Newberg Area Vineyard

Perhaps the best news is the 12.1% increase in local home prices over the past twelve months. This appears to track the broader, regional trend of upward home prices.

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Like Greater Newberg, Regional Home Prices As Shown on This Graph Are Also Climbing

Why Is Our Newberg Real Estate Market Strengthening?
There are several factors helping to strengthen Newberg housing. These include seasonality with better home buying weather, plus continued recovery from the Great Recession which began around December, 2007. However, among the key reasons to explain our real estate boost is a significantly reduced inventory of homes for sale. 

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Our Region Would Run Out of Homes in 2.8 Months

According to the latest housing inventory report from the Regional Multiple Listing Service (RMLS), the greater Portland Metro area will now ‘run out of homes’ in 2.8 months. Click here for this new FREE report, with helpful information on Yamhill County real estate.

What Does This Mean For Buyers & Sellers?
A main effect of having fewer homes for sale typically means less selection and higher prices. It’s the classic ‘seller’s market,’ where buyers lose a significant amount of leverage.

So if you’re thinking about selling your property, this may be your best opportunity for the foreseeable future. However, if Newberg area home owners begin sensing the time is right to sell en masse, the increase in supply could help cancel such projected home price gains.

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How Low Will Our Home Inventory Go?

Limbo, How Low Can You Go?
Another reason for our home inventory’s newsworthy nature has to do with the time of year. We’re already trending slightly ahead of 2013 given our latest inventory figure of 2.8 months from April.  Last year, the months of May, June and July reported the lowest in all of 2014 for regional inventory. So the lowest number of available homes for sale may yet be ahead.

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Timing The Market Perfectly Is Difficult

Timing The Market
Based on last year’s performance, homeowners may have another few months before the supply of homes begins climbing back up. So if you’re considering a Newberg area home sale in 2014, acting sooner is likely to be in your favor before inventory rises and other events are factored in, like families purchasing before the school year begins.

Consult The Experts
Thinking about selling your Newberg area home? Contact the experts at Certified Realty, Oregon’s choice since 1950, for a FREE report on what your property could sell for in today’s market.

 

 

Posted in Newberg Average Home Price, Newberg Home Selling, Newberg Homes, Newberg Homeselling, Newberg Market Statistics, Newberg Oregon, Newberg Oregon Homes, Newberg Properties, Newberg Real Estate, Newberg Realty, Yamhill County Home Prices, Yamhill County Homes, Yamhill County Properties, Yamhill County Real Estate, Yamhill County Realty | Tagged , , , , , , , , , , , , | Leave a comment

3 Reasons To Sell Your Newberg Home Now

With the arrival of Spring’s beautiful weather, some Newberg homeowners are hearing others say: “Now is an excellent time to consider placing your home on the market for sale.”

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Spring is Here

However, you may have wondered why exactly is this such a good time to sell your Newberg home? Is it all about sunny skies? So if you’ve ever thought about selling your property here in Yamhill County, this article is for you. And here are three good reasons to now sell your Newberg, Oregon home:

Reduced Inventory
There are fewer homes on the market right now. Our 3.1 month supply of homes means demand is stronger. That frequently translates to higher home prices. And with fewer competing sellers, you may need to negotiate less for your best deal.

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Our Housing Inventory Drops During Spring & Summer

Seasonality
Many home buyers shop in earnest during better weather. Why? It’s easier, more fun and there’s more daylight to work with. But there’s one other reason you may not have considered: School is out soon and that is a great opportunity for families with kids to move during Summer Vacation. Don’t miss out on these buyers!

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In Oregon, Beautiful Weather Takes Us Outdoors For Recreation And Home Buying!

Interest Rates
One of the big factors affecting home affordability is the interest rate your lender charges. Interest rates remain near historic lows. This means even with rising prices, buyers can find homes to be more affordable if interest rates stay attractive.

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They’ve nudged up, yet mortgage interest rates remain attractive.

Thinking about selling your Newberg home? Contact our sponsor, Certified Realty using the convenient form below for a FREE report on what your property could sell for in today’s market.

Posted in Newberg Home Selling, Newberg Homes, Newberg Homeselling, Newberg Market Statistics, Newberg Oregon, Newberg Properties, Newberg Real Estate, Newberg Realty, Oregon Real Estate Inventory, Yamhill County Home Prices, Yamhill County Homes, Yamhill County Properties, Yamhill County Real Estate, Yamhill County Realty | Tagged , , , , , , , , , , , , | Leave a comment

Newberg Area Home Prices Up, Sales Down

A new report shows regional home prices around Yamhill County are up by 10.3% over the past year, with the number of sales changed by -8.8%.

This recent phenomenon is likely due to a decrease in housing inventory. If more homes are not placed on the market, our region would now run out of homes in 3.1 months.

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Regional Home Inventory in Months

3.1 months in housing inventory is considered a relatively low supply by historical standards, but not uncommon during Spring and Summer months.

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For more information about our current market for Newberg area homes, click here, or on the Market Action image below. Plus, make sure to check out page 2 for specifics like the average market time for homes throughout Yamhill County, with similar details for area towns and neighborhoods.

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Click Image For FREE Report

Thinking about selling your Newberg home? Contact our sponsor, Certified Realty using the convenient form below for a FREE report on what your property could sell for in today’s Newberg real estate market.

 

Posted in Newberg Average Home Price, Newberg Homes, Newberg Market Statistics, Newberg Oregon, Newberg Oregon Homes, Newberg Properties, Newberg Real Estate, Newberg Realty, Yamhill County Properties, Yamhill County Realty | Tagged , , , , , , , , , , | Leave a comment

23 Newberg Homes Sold

The Regional Multiple Listing Service (RMLS) reported the sale of 23 Newberg homes in March, 2014. As spring approaches, even more monthly home sales are anticipated.

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One of Newberg’s Most Famous Homes-The Hoover Minthorn House

Closing prices for these 22 properties range from $88,000 for a 2 bedroom condominium, to $549,000 for a spacious 4 bedroom, 2,900+ square foot, two story home on 5 acres.

The average Yamhill County home now sells for $275,600.  For that amount you could easily have afforded this 3 bedroom Newberg home on a large lot that recently sold for $264,900.

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This Newberg Home Sold in March for $264,900

The average market time for homes that recently sold in our region was 205 days. Interestingly, while the year-to-date value of local homes is up 14.2%, the number of homes with pending sales in our area changed by -18.1%. For more details about our greater Newberg area housing market check out page two of the latest report here or click on the image below.

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Click Image For Free Report

Thinking about selling your Newberg home? Contact our sponsor, Certified Realty using the convenient form below for a FREE report on what your Newberg property could sell for in today’s market.

Posted in Newberg Average Home Price, Newberg Homes, Newberg Market Statistics, Newberg Oregon, Newberg Oregon Homes, Newberg Properties, Newberg Real Estate, Newberg Realty, Portland Metro Real Estate, Yamhill County Home Prices, Yamhill County Homes, Yamhill County Properties, Yamhill County Real Estate, Yamhill County Realty | Tagged , , , , , , , , , , | Leave a comment

Great Home Selling Season Hits Newberg

Today’s arrival of Spring presents sellers of Newberg homes with some of our best home selling weather. Spring is traditionally the time of year when many Newberg homesellers place their property on the market.

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Spring Arrives in Newberg

This is great news, and right on the heels of confirmation that Newberg homes are increasing in value. That’s because the latest Regional Multiple Listing Service report shows greater Newberg home prices are up 14.2% over the past year.

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Newberg Home Prices Continue Upward

The average market time for greater Newberg homes is now 205 days. The average selling price for Newberg homes is just over $264,700.

This is all helped along by the relatively low ‘backlog’ of greater Newberg homes for sale. The chart below shows that our region would ‘run out of houses’ in 3.9 months.

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Regional Housing Inventory

Read the complete report on Newberg area homes here, or by clicking on the Market Action image below. Also check out page two for details on other local towns and neighborhoods.

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Thinking about selling your Newberg home? Contact our sponsor, Certified Realty using the convenient form below for a FREE report on what your Newberg home could sell for in today’s real estate market.

Posted in Newberg Average Home Price, Newberg Homes, Newberg Market Statistics, Newberg Oregon, Newberg Oregon Homes, Newberg Properties, Newberg Real Estate, Newberg Realty, Yamhill County Home Prices, Yamhill County Homes, Yamhill County Properties, Yamhill County Real Estate, Yamhill County Realty | Tagged , , , , , , , , , , | Leave a comment

Highest Priced Sold Newberg Home

According to the Regional Multiple Listing Service (RMLS), the highest recently selling Newberg home is located along Wilsonville Road near the Willamette River. This property features approximately 4,300 square feet of living space on 2.5 acres. 

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The property sold in November for $1,325,000 in January, 2014. According to RMLS records, this makes it the most expensive Newberg home to have sold so far this year.

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Also included are 3 bedrooms, 3 full bathrooms and 1 half bath. The property includes an updated boat dock and boat lift, too.

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Thinking about selling your Newberg home? Contact our sponsor, Certified Realty using the form below for a FREE report on what your property could sell for in our current market. Certified Realty specializes in every price category of Newberg homes.

Posted in Newberg Homes, Newberg Market Statistics, Newberg Oregon, Newberg Oregon Homes, Newberg Properties, Newberg Real Estate, Newberg Realty, Yamhill County Home Prices, Yamhill County Properties, Yamhill County Real Estate, Yamhill County Realty | Tagged , , , , , , , , , , | Leave a comment

Newberg-Dundee Among Oregon’s Safest Cities

A recent real estate news poll shows Newberg and Dundee are among Oregon’s safest communities.

The online survey includes Oregon cities with more than 10,000 residents. Of all Oregon cities surveyed, the Newberg and Dundee metro area are combined and rank high at #4.

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Newberg-Dundee Police Provide Excellent Public Safety Services

Read the complete article on Newberg-Dundee’s excellent safety ranking here. 

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One of Newberg’s Finest

Thinking about moving to a safer neighborhood?  Contact Certified Realty – Oregon’s choice since 1950 – using the convenient contact form below. They can help you find a wide selection of wonderful Newberg homes.

Posted in Dundee Crime, Dundee Safety, Newberg Crime, Newberg Homes, Newberg Market Statistics, Newberg Oregon, Newberg Oregon Crime Stats, Newberg Oregon Homes, Newberg Police, Newberg Properties, Newberg Public Safety, Newberg Real Estate, Yamhill County Homes, Yamhill County Properties, Yamhill County Realty | Tagged , , , , , , , , , , , , , , | Leave a comment

Greater Newberg Home Prices Rise

A recently released housing report reveals local home prices have increased by an average of more than 1% per month over the past year.

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The Beautiful Newberg Countryside

The new report from RMLS (Regional Multiple Listing Service) shows a 12.6% increase in home values throughout Yamhill County.

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Regional Home Price Chart-Click Image For Report

Average Home Price & Market Time
The current average selling price for a home for our area is now $241,100. The average time on the market is 166 days. 

Low Housing Inventory Helps Values
Regional real estate prices continue their overall upward trend due in part to a lower than usual supply of homes.  With buyers chasing a smaller number of available properties, basic supply and demand principles create a ‘seller’s market’ in our area. At the current rate of home sales, our region would now be ‘out of homes’ in just 3.2 months, a historically low figure.

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Regional Home Inventory-Click Image For Report

Read The Free Report 
View or download the free report on our local real estate market by clicking here or on the market action image below. Make sure to check out page 2 in this regional report for current real estate information on your county, town or neighborhood.

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Click image for free report

Contact The Experts
Thinking of buying or selling a Newberg area home? For a FREE consultation to discuss our market and your options, please contact our sponsor, Oregon’s Certified Realty today using the convenient contact form below.

Posted in Newberg Average Home Price, Newberg Homes, Newberg Market Statistics, Newberg Oregon, Newberg Oregon Homes, Newberg Properties, Newberg Real Estate, Portland Metro Real Estate, Yamhill County Home Prices, Yamhill County Homes, Yamhill County Properties, Yamhill County Real Estate, Yamhill County Realty | Tagged , , , , , , , , , | Leave a comment

Yamhill County Home Price Report

The latest report on regional home sales was just released. The good news continues, as it reveals a housing market gaining strength. And while our inventory of homes has increased a bit, we still remain in what many consider a ‘seller’s market’ where competition among buyers is keen.

The average regional home sale price is now $310,000, up 13.9% over the past year. The new report also includes statistics on many nearby communities.  As you might expect, Newberg’s figures are unique. This latest study provides housing data for all of Yamhill County.

Yamhill County homes now average a selling price of $243,200. This is a whopping 17.4% increase over the past year. The average market time is now 130 days.  Click here for the complete FREE report, with specific information on Yamhill County home prices in column 156, on page 2.

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Regional Home Price Chart

 

Posted in Newberg Average Home Price, Newberg Homes, Newberg Market Statistics, Newberg Oregon, Newberg Oregon Homes, Newberg Properties, Newberg Real Estate, Yamhill County Home Prices, Yamhill County Homes, Yamhill County Properties, Yamhill County Real Estate, Yamhill County Realty | Tagged , , , , , , , , , | Leave a comment

Oregon Real Estate Update

Fun upcoming events and surprising local housing facts are found in the latest free edition of the Oregon Real Estate Update.

Home Prices
For example, the average Yamhill County home price is now up 15.8% to $242,700. The average Salem area home price is $187,900, up 10.7% from last year and the average Portland area home price is now $309,200, up 14.1% from last year.

Total Market Times Vary
Just as interesting is how long it takes for a house to sell. The average in the Portland metro area is about two months. The total average market time around Salem is closer to four months. For Yamhill County, the total average market time is 174 days.

Local Fun, Too
Also included are interesting Autumn activities for the entire family. Find out all the details in this latest free edition of the Oregon Real Estate Update here.

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The Willamette River passes by Portland, Newberg and Salem.

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Fresh Newberg Housing News

A recent Newberg real estate report shows the average selling price for a Newberg home is now $319,450. Curious about how long it takes the average Newberg property to sell? Find out by clicking here, along with the complete new real estate report.

For more information about selling your Newberg property, contact our sponsor, Certified Realty at 503-682-1083. They’re your Newberg area real estate specialists since 1950!

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Posted in Newberg Average Home Price, Newberg Homes, Newberg Market Statistics, Newberg Oregon, Newberg Oregon Homes, Newberg Properties, Portland Metro Real Estate | Tagged , , , , , , | Leave a comment

Newberg Real Estate Update

Knowing our current, local real estate market is helpful for buyers and sellers.

Information is power, so click here to power up with the latest Newberg housing statistics.

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Newberg Public Library

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Average Newberg Home Sale: $314,950

New information on Newberg area real estate shows the average selling price for a Newberg home is now $314,950.

Curious about the average market time it takes for a Newberg home to sell? For such in-depth information about our Newberg market, click here.

HerbertHooverPark-1

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Newberg Area Home Prices Up

Recent regional housing figures suggest a continued increase in Newberg area home prices. Much of this renewed demand is tied to a reduced inventory of homes currently for sale.

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Regional housing supply in months

Recent home inventory figures from the Regional Multiple Listing Service (RMLS) show that unless more houses are placed on the market, our region would be out of homes to purchase in just 2.8 months. This is a considerable under-supply, since many consider our housing market equilibrium to be somewhere between a 4 and 6 month backlog. As a result, buyers now have less selection and sellers can command higher home prices.

marketaction

Click image for full report

Home prices throughout Yamhill County rose 13.4% over the past year. View the latest complete real estate report by clicking the above Market Action image or click here. There you’ll find detailed information for your town or neighborhood on page two.

For more information about home sales in your area, or to find out what your property is worth in today’s market, contact Certified Realty, serving greater Newberg since 1950 at 503-682-1083.

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Oregon’s Choice Since 1950!

Posted in Newberg Homes, Newberg Oregon, Newberg Properties, Newberg Real Estate, Oregon Real Estate Inventory, Portland Metro Real Estate | Tagged , , , | Leave a comment