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I just love this card. It's so clean and simple! I got it in a swap, and unfortunately the name of the creator is not on the back. I know it was made by a local demo...hat tip to you!
The base is Cherry Cobbler, topped with Watercolor Paper (love this stuff - it's so rich and soft. The texture is amazing!) which she Sponged along the edges with (I think) Bravo Burgundy.
The ornament is Whisper White stamped with an image from Delightful Decorations in Old Olive Classic Ink and punched out with the Ornament Punch. The sentiment is in Cherry Cobbler Classic Ink from the set Four the Holidays. The string is Basic Black 1/8" Taffeta. Stampin' Dimensionals under the ornament give it a lot of depth.