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California Homebuyer Demand Begins to Increase
Demand is finally approaching positive territory for the first time since rates began to rise in 2022, says report. With inflation slowing further in July, homebuyer demand is finally approaching positive territory for the first time since rates began to rise in 2022, according to a recent report by the California Association of Realtors (CAR).
California judge issues first-of-its-kind ruling to rein in groundwater pumping
As Californians pump increasing amounts of water from the ground, sometimes siphoning flows from the rivers above and hurting fish, wildlife and other water users, an old state law is proving to be a new and successful means of reining in excessive pumping. A Superior Court judge ruled last week that Sonoma County must do more to ensure responsible groundwater pumping under the state’s Public Trust Doctrine.
Napa County backs Duckhorn winery growth proposal
Duckhorn Vineyards’ plans for substantial growth at its Lodi Lane winery north of St. Helena won support from the Napa County Board of Supervisors, despite neighbors’ concerns. The matter came before supervisors because opponents appealed the winery plan’s approval by the county Planning Commission.
Hundred Acre Wine Group buys 286-acre Calistoga property
A month after Jayson and Helen Woodbridge expanded their growing portfolio of Napa Valley wineries and vineyards, they have done it again. Hundred Acre Wine Group on Friday said it acquired the 286-acre Kelly Fleming Wines property on the eastern slopes of the valley northeast of Calistoga.
New real estate commission rules coming: Here’s what CA buyers, sellers need to know
WALNUT CREEK, Calif. (KGO) — The experience of buying or selling a home is going to be different than transactions in the past. A recent National Association of Realtors class action settlement agreement has laid out new rules that will now bring the buyer and seller into negotiations over commissions on the sale of a house – negotiating who pays commission and how much is paid.
Napa Valley’s Signorello Estate Opens the Winery of the Future
Deep under Napa Valley’s sun-drenched hills, barrels of wine are transforming into greatness inside caves. Some look like a set from Game of Thrones; others like the lair of a mysterious villain in a James Bond film. But these underground wine havens are also a key to sustainability in a region threatened by global warming and wildfires.