While June, July and early August are the quietest months for real estate sales here in the wine country due to buyers travel schedules, we are noticing a softening in the market consistent with reports we are getting from other markets in the US.
There has been a continuation of family and corporate conglomerates buying winery and vineyard properties. However, enquiries from China for wineries and vineyards have decreased significantly. Interest, especially from Asia, in resorts and hotels remains strong. I am working with a seller on finding a buyer or investor for a resort here in the valley. The property is not on the open market. Please contact me if you have interest.
Meanwhile, enjoy the rest of the newsletter, which once again highlights upcoming developments and a few new fun places to hang out in our beautiful valley.
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