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Local Info: Newberg Oregon home buying, real estate listings, and homes for sale in Yamhill                        County, OR
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Newberg: A great place to grow!

ABOUT NEWBERG 

LOCATION 

Newberg is located in Yamhill County in northwest Oregon. It is accessed by Highway 99W, which can be reached from I-5. 219 and the 240 are also smaller access routes. Newberg covers an area of about 5 square miles at an altitude of 176 feet. It is located 27.1 miles from Portland and 15.2 miles from Hillsboro. The nearest city is Dundee, at 3.6 miles away. For air transportation, the McMinnville Municipal Airport is your closest option, about 15 miles away. McNary Field is another local airport, 28 miles from Newberg in Salem. For international travel, the Portland International Airport is located 33 miles away. For transportation across the Willamette River into Marion County, take the Wheatland Ferry, located 8 miles south of Dayton. It costs only $1.35 per car. 

HISTORY/POPULATION 

Newberg is home to some 18,064 people. It holds the distinction of being the first Oregon community granted permission to hold formal Quaker services. The Quakers went on to found the Pacific Academy College. America's 31st President, Herbert Hoover, was in the first graduating class of Pacific Academy, and later in his life returned to Newberg to visit. Newberg also has a history as a winemaking city, and some of Oregon's oldest vineyards are located here. To this day, Newberg maintains the feel of a small town, with its pastoral setting and low-stress atmosphere. 

ABOUT EDUCATION 

There are five elementary schools, two middle schools, and a high school in the Newberg School District, some also offering before and after school care. The elementary and middle schools average around 600 students, with the exception of Ewing Young Elementary School, with 178 students. Newberg High School is attended by 1,566 students and has 23.4 students per teacher. Three private schools offering pre-kindergarten through twelfth grade provide private education in Newberg. The Newberg Public Library is available to all and offers access to 58,434 books, 2,591 audio materials, 2,352 video materials, and 227 serial subscription publications. For college alternatives, George Fox University is located in nearby Newberg. George Fox has 2,032 students enrolled full time and offers bachelor's degrees in over 30 majors, 14 master's degree programs, as well as doctoral degrees. It is a private, not-for-profit establishment and was given high marks by U. S. News and World Report in their August 25th edition as a "Best Value" college. Alternatively, Linfield College is located in nearby McMinnville and Portland State University and Portland Community College are located in Portland, a fouty minute drive from Newberg. The University of Portland also received high marks from U.S. News and World Report for overall excellence. 

ABOUT HEALTHCARE 

The Providence Newberg Hospital is located on Villa Road. Providence is a not-for-profit hospital that has been in existence for over 40 years and offers everything from nutritional counseling to cardiology to surgery. Providence proclaims it to be a Christian-oriented hospital, carrying the message of love and understanding into its business, and has also received honors as one of the best companies to work for in Oregon. Other nearby alternatives include Oregon State Hospital in Salem, which is 26 miles away, and S.W. Washington Medical Center in Vancouver, Washington, a 47-mile drive. 

SPECIAL ATTRACTIONS 

Newberg is known for its vineyards, some of the oldest in Oregon. Many of the vineyards offer wine tasting in a relaxing and beautiful atmosphere, as well as guided tours. Go and see how wine is produced and enjoy the beautiful location. Local vineyards include the whimsically named Autumn Wind Vineyards and Adelsheim Vineyards. Another Newberg attraction is the Hoover-Minthorn House. This was the first residence built in Newberg by Jesse Edwards in 1881. It was home to Herbert Hoover between 1885 and 1889 and still holds some of the original furniture he used as a boy. For theatrical entertainment, the Gallery Players of Oregon in McMinnville hosts eight to ten theatrical shows each year, and has been in business since 1967. Performances are usually on Fridays and Saturdays at 8 p.m. Another attraction is Vista Balloon Adventures, offering daily sightseeing hot-air balloon flights over Newberg and surrounding areas. For the golf enthusiast, Riverwood Golf Course is the oldest golf course in operation in Yamhill County. Year round (except Christmas day), it offers 9 holes with a par of 35. There are also four state parks nearby, with opportunities for hiking, camping, picnicking, and even hang gliding. These including Cape Kiwanda, Cape Lookout, Clyde Holliday, and Champoeg. Both the Oregon Coast and Mount Hood are just over an hour's drive from Newberg.
 

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Real Estate Tips
Financing Your Home >The Margin on an ARM

When you are shopping for an Adjustable Rate Mortgage, the important thing to consider is the margin. Each time your loan is adjusted, the new interest rate will be tied to an index of Treasury notes. The margin is the percentage point above that index where your rate will be set.

Let's suppose that you have a one-year ARM with a 2.5 margin. Your initial rate was 7.5%, and during the first year of the loan, the index of 1-year Treasury notes was at 6.25%. The rate for the second year of your loan would be adjusted to 8.75%. With a margin of 2.75, it would increase to 9%. Some lenders offer lower initial rates with higher margins. In this case, the subsequent rates could be higher after the first year, than if you chose a higher initial rate with a lower margin.

If you are confused by the various mortgage offers, ask a professional mortgage broker to sit down with you and show you how it works. Today the rates and different financial possibilities are so variable that it is a good idea to talk to a mortgage broker--they usually know where the best rates can be found.

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Real Estate Trivia
Q 
What famous American monument is also the world's heaviest statue?

A 
The Statue of Liberty, officially named "Liberty Lighting the World", weighs 54.31 million pounds.
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Jim and Mikki Snell, REALTOR®, real estate agents and broker for Sherwood, Newberg, and Dundee Oregon home listings, property and land for sale - NUMBER1EXPERT(tm)

Jim and Mikki Snell, GRI
Prudential Northwest Properties

2318 Portland Rd., Suite 100
Newberg, OR 97132
Jim Direct: 503-351-5918
Mikki Direct: 503-381-5695
Fax: 503-520-2451
Email: portlandruralhomes@number1expert.com
Email: mikki@jimsnell.com

As two of America's NUMBER1EXPERTS™ in the Sherwood, Newberg, and Dundee area Jim and Mikki are well equipped to guide you through all your real estate needs. Call or email them today!

GRI ABR SRES


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