HUGE California appreciation this just in

[Jay Hinrichs]

Napa county grape land.. Prime valley floor  Rutherford bench etc.. set all time highs

average price per ACRE 317,000  last year 270,000.  14.9% appreciation year over year.

I know of some prime Ruthorford bench properties that eclipse 500k per acre.. now to be fair this is planted to award winning Cabernet grapes...

Still stunning... I remember when we were selling this ground in the mid 80's at 10 to 15k per acre.

who would have thunk it.

[Ian Walsh]

Bubble