Mortgage rates are tumbling again as job openings hit 18-month low

Data points to another mortgage boom if rates continue to tumble

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Napa Valley warehouses sell for $44 million

Napa Valley warehouses sell for $44 million

A major builder of warehouses in Napa and Solano counties has added two fully leased American Canyon warehouses to its portfolio. An affiliate of Sacramento-based Buzz Oates purchased 75 and 89 S. Kelly Road on Aug. 22 for $44.5 million, according to the brokers of the deal and public records.

California Homebuyer Demand Begins to Increase

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

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.