2023 was a challenging year for the U.S. wine industry, but more than half of all U.S. wineries met or exceeded their sales goals. Discover key insights from the inaugural 2024 BMO Wine Market Report:
Stable Growth: Higher-priced wines (over $10 per 750ml bottle) remained stable and are expected to grow through 2024.
Consumer Trends: Gen X, Millennial, and Gen Z now make up 61% of wine drinkers, with nearly 30% purchasing wines over $20 monthly.
Market Opportunities: Direct sales through winery tasting rooms and wine clubs are crucial revenue sources, with both smaller and larger wineries planning to increase this business.
Check out the 2024 BMO Wine Market Report from the U.S. Wine Industry Partnership and draw your own conclusions about the industry's outlook. Cheers!
In the world of real estate, savvy buyers and sellers have long relied on strategic partnerships to achieve their goals. The recent updates from the National Association of Realtors (NAR) bring about two significant changes that impact how transactions are conducted:
Buyer broker agreements are now required.
The commission amount must be communicated outside the Multiple Listings Service (MLS).
At Vineyard Professional Real Estate, we believe these changes are positive steps that underscore the importance of careful planning and intentionality in the buying process. Read our latest blog post to discover why these changes matter and how they can benefit you.
We recently collaborated with Acacia Productions to create a brand video for Vineyard Professional Real Estate. Our goal was to showcase the heart of VPRE and the behind-the-scenes aspects of our brokerage that clients rarely see. We're thrilled with the result! Watch the video and share your thoughts with us.
Discover a remarkable 24-acre Paso Robles estate, featuring a world-class vineyard site in the coveted Willow Creek AVA, stunning scenic views, and multiple income-generating residential properties.
Embrace the elegance of vineyard living and secure a profitable future with these exclusive opportunities. Cheers to your new beginning!
VPRE proudly recommends Terry Home Inspection Services, Inc., a trusted name in property evaluations across San Luis Obispo County for over 25 years. As the oldest and most experienced home inspection company in the region, Terry Home Inspection Services are proud members of the prestigious California Real Estate Inspection Association, adhering to a strict Code of Ethics and unparalleled Standards of Practice. Established in 1989, this father-son team is dedicated to providing exceptional service.
3990 Ruth Way, Suite A Paso Robles, California 93446, USA
This newsletter contains information about wine real estate on the Central Coast of California. If you choose to unsubscribe, you’ll stop receiving these newsletters. If your property is currently listed with a Broker, it is not the intention to solicit the offerings of other Brokers. NO WARRANTY The information contained in this newsletter is provided by Vineyard Professional Real Estate as a service to clients and the wine industry. It does not contain legal or financial advice and should not be treated as such. Although we try to provide quality information, we do not guarantee results obtained from the use of this information, and without any kind of warranty, express or implied, including, but not limited to warranties of performance for a particular purpose. We do not represent, warrant, undertake or guarantee that the information in the newsletter is correct, accurate, complete or non-misleading. NO LIABILITY In no way is Vineyard Professional Real Estate liable to a reader or any other party for any damages, costs of any character including but not limited to direct or indirect, consequential, incidental or other costs or damages, via the use of the information contained in the newsletters. If a section of this disclaimer is determined by any court or other competent authority to be unlawful and/or unenforceable, the other sections of this disclaimer continue in effect.
