If you are thinking about purchasing either an existing vineyard or raw land on which you hope to install a vineyard, there’s a lot you need to know. Having gone through the same process myself when purchasing my vineyard property, I discovered that there are very, very few sources of good information on buying and/or developing a vineyard.
So, I’ve tried to include the very basics here. The information provided is meant only to give you an idea of the scope of issues you will face when purchasing vineyard land and is by no means complete. I strongly encourage you to fully research a variety of sources prior to your purchase.
Sonoma County Real Estate Market
Coldwell Banker 2016 Housing Market Outlook: Experts Forecast Gradual Increase in Sales as Prices Moderate
According to Coldwell Banker’s Reality Check January 2016: Overall, the Northern California’s housing market enjoyed a good year in 2015, although a shortage of homes on the market posed a challenge for many homebuyers. Double-digit price increases from a year ago were common in many communities, along with multiple offers on some homes, while the
Low inventory could slow sales long term We continue to struggle with far too little inventory to meet the strong buyer demand, which in the long run will slow sales gains. A variety of factors are at play here. New home construction has been hampered over the past several due to tight credit, land and
2013 Statistics Show Significant Increases We are off to a busy start in the new year. The statistics just came out for 2013. The housing market is up about 22%. The median sales price in Sonoma County for 2013 was $415,000 compared to $341,500 in 2012. The average days on market was also less in
Prices Continue to Appreciate The Bay Area’s housing market is finishing 2013 where it began the year – with home sales enjoying sharp gains over last year and prices continuing to appreciate. It is particularly showing impressive strength in the luxury market. This comes as the stock market nears record highs, raising the net worth