How to resolve AdBlock issue?
Refresh this page
Lake County News,California
  • Home
    • Registration Form
  • News
    • Education
    • Veterans
    • Community
      • Obituaries
      • Letters
      • Commentary
    • Police Logs
    • Business
    • Recreation
    • Health
    • Religion
    • Legals
    • Arts & Life
    • Regional
  • Calendar
  • Contact us
    • FAQs
    • Phones, E-Mail
    • Subscribe
  • Advertise Here
  • Login
How to resolve AdBlock issue?
Refresh this page

Business News

Assemblymember Aguiar-Curry introduces bill to require California olives in ‘California’ olive oil

Details
Written by: Lake County News Reports
Published: 06 February 2020
SACRAMENTO – On Wednesday, Assemblymember Cecilia Aguiar-Curry (D-Winters) introduced Assembly Bill 2074, to establish clear guidelines for when companies from the olive oil industry can use the term “California” in their product labeling and marketing.

This measure will protect consumers and farmers by providing clear information about the source of the olives and olive oils in the products they buy.

California has had a thriving olive oil industry since the mid-19th century. The state produces 4 percent of the world’s olive oil from over 75 varieties of olives.

Due to California’s well-established reputation for producing high-quality olive oils, the demand for California olive oil is steadily increasing.

Because of this spike in demand, there has been an increase in branding of olive oil with the term “California” or a California regional designation when the product on shelves is actually blended using oils sourced from other regions of the world, including Spain, North Africa and Argentina.

As a result, a bottle of olive oil may be advertised and branded as “California” or a specific California region, but actually come from other countries.

This has led to consumer confusion, and places California olive farmers and oil producers at a competitive disadvantage.

“To us, it’s really quite simple,” said Peter and Debbie Hunter from Longview Ranch in Winters, California. “If a bottle is labeled as ‘California Oil’ it should be just that: 100 percent California produced olive oil. If a packer wants to blend non-California oils, then the bottle should not have the California moniker front-and-center. We adhere to strict regulations and labor practices in California, and consumers are beginning to recognize that. We must make sure that the trust in ‘California’ brands is not eroded.”

AB 2074 establishes clear guidelines for when olive oil producers can use the term “California” in their labeling.

The bill strengthens existing law by making it illegal to make any false representation that an olive oil is produced entirely from olives grown within California when it is not.

Similarly, the bill prohibits any representations indicating that an olive oil was produced from olives grown in a specific region of California, unless at least 85 percent of the olive oil was produced from olives grown in that region.

“California has the best agricultural products, and the highest environmental and labor standards, in the world. Consumers look for California-grown foods because they associate California with quality. Allowing companies to trick consumers into thinking they’re buying a California product because they slap ‘California’ on their package undercuts everything we’re trying to accomplish as a State,” said Aguiar-Curry.

“This bill will ensure that consumers know exactly what they are buying, and it will help to support our local farmers who are producing world-class oils from olives grown here in our State. These folks may try to confuse my colleagues, but they’re making a profit off our state, and the price we ask for that is to actually produce a California product.”

By establishing stronger guidelines for olive oil producers to follow in their branding, labeling, packaging, and advertising, AB 2074 provides consumers with clear information about what they are purchasing.

AB 2074 does not restrict blending oils from different sources and destinations, but it makes clear through establishing standards that when “California” is used, the product actually comes from California.

This bill strengthens the integrity of the world-renowned California olive oil brand.

Aguiar-Curry represents the Fourth Assembly District, which includes all of Lake and Napa Counties, parts of Colusa, Solano and Sonoma counties, and all of Yolo County except West Sacramento.

BBB cautions consumers when doing business with Dirt Cheap Barrels

Details
Written by: Better Business Bureau
Published: 04 February 2020
OAKLAND, Calif. – Better Business Bureau has received over 37 complaints regarding the company Dirt Cheap Barrels in the last three years.

The company came to BBB’s attention in 2016.

Consumers primarily report that they order wine barrels from the Napa-based company, but have not received their order and are unable to contact customer service.

Dirt Cheap Barrels responded to some consumer complaints, but on those occasions, the consumers were unsatisfied with Dirt Cheap Barrels’ response, claiming that Dirt Cheap Barrels was not following through in refunding the purchases.

As of Feb. 4, 2020, the company has 17 unanswered complaints on file with BBB.

Dirt Cheap Barrels informed BBB that they are based in the United Kingdom, although the company’s address is listed as 2700 Napa Valley Corporate Drive in Napa, California on customer invoices.

When Better Business Bureau called a company in the commercial building at that address, the company indicated that Dirt Cheap Barrels was not located in the office building, and stated that they receive many calls from consumers asking for the location of Dirt Cheap Barrels.

When BBB mailed a letter to the company’s Napa address, the mail was returned from the post office as “insufficient address.”

If you are looking to make an online purchase, BBB recommends researching the company prior to making any purchases.

You can evaluate a company’s credibility by referencing their business profile at www.bbb.org .

Reading reviews and customer complaints on www.bbb.org is a great way to learn more about a company before spending money.

Wright named top producer for 2019

Details
Written by: Konocti Realty
Published: 24 January 2020
Hannah Wright. Courtesy photo.

LAKE COUNTY, Calif. – Hannah Wright, Realtor associate with Konocti Realty, has been named Top Producer for 2019 at Konocti Realty.

Wright has also received the Million Dollar Club Award with over $8 million in sales for the year.

Wright has been in real estate in Lake County since 2014 and specializes in a wide variety of properties from residential to ranches.

“Hannah is a pleasure to be around,” said Stacey Mattina, co-owner at Konocti Realty. “She is a sweetheart that loves the profession. She will always go the extra mile for her clients.”

Konocti Realty was established more than 50 years ago and has consistently been a local leader in sales and providing an excellent experience.

With exceptional local knowledge and professional expertise, their agents offer real estate services throughout Lake County.

Stop by and see Wright in the company’s newest location, 9505 Main St., Upper Lake.

For more information, check out www.konoctirealty.com or contact Hannah Wright directly at 707-671-3604.

U.S. foreclosure activity drops to 15-year low in 2019

Details
Written by: Elizabeth Larson
Published: 21 January 2020
IRVINE, Calif. – ATTOM Data Solutions, curator of the nation’s premier property database and first property data provider of Data-as-a-Service, or DaaS, has released its Year-End 2019 U.S. Foreclosure Market Report, which shows foreclosure filings— default notices, scheduled auctions and bank repossessions — were reported on 493,066 U.S. properties in 2019, down 21 percent from 2018 and down 83 percent from a peak of nearly 2.9 million in 2010 to the lowest level since tracking began in 2005.

Those 493,066 properties with foreclosure filings in 2019 represented 0.36 percent of all U.S. housing units, down from 0.47 percent in 2018 and down from a peak of 2.23 percent in 2010.

ATTOM’s year-end foreclosure report provides a unique count of properties with a foreclosure filing during the year based on publicly recorded and published foreclosure filings collected in more than 2,200 counties nationwide, with address-level data on nearly 25 million foreclosure filings historically, also available for license or customized reporting. See full methodology below.

The report also includes new data for December 2019, when there were 53,279 U.S. properties with foreclosure filings, up 7 percent from the previous month and up 2 percent from a year ago.

“The continued decline in distressed properties is one of many signs pointing to a much-improved housing market compared to the bad old days of the Great Recession,” said Todd Teta, chief product officer for ATTOM Data Solutions. “That said, there is some reason for concern about the potential for a change in the wrong direction, given that residential foreclosure starts increased in about a third of the nation’s metro housing markets in 2019. Nationally, the number also ticked up a bit in December. While that’s not a major worry, it’s something that should be watched closely in 2020.”

Lenders repossessed 143,955 properties through foreclosure, or REO, in 2019, down 37 percent from 2018 and down 86 percent from a peak of 1,050,500 in 2010 to the lowest level as far back as data is available — 2006.

While completed foreclosures, or REOs, are on the decline, California and Florida combined have totaled nearly 1.5 million over the last 10 years. Other states leading the nation in REOs include Michigan (333,312), Texas (323,806), Illinois (312,057) and Georgia (304,964).

Metropolitan statistical areas with a population greater than 200,000 that saw a year-over-year increase in REOs included Honolulu, Hawaii (up 34 percent); Myrtle Beach, South Carolina (up 28 percent); Florence, South Carolina (up 18 percent); Buffalo, New York (up 16 percent); and San Luis Obispo, California (up 9 percent).

“The home-foreclosure rates continued shrinking dramatically across the United in 2019 to a level not seen in 10 years, as the strong economy leaves more people in a position to make their mortgage payments. Completed foreclosures dropped 37 percent overall, with decreases in all but one state and almost every metro housing market,” said Ohan Antebian, general manager for ATTOM’s consumer-facing business, RealtyTrac. “As wages rise, interest rates drop, the stock market keeps hitting new highs and the broader economy remains healthy, the factors that lead to foreclosure simply aren’t there. While home prices are rising, homeowners can afford them. The drop-off has been so steep that for every 10 completed foreclosures following the housing market crash a decade ago, there now is just one.”

Lenders repossessed 13,898 U.S. properties through completed foreclosures (REOs) in December 2019, down 1 percent from last month, but up 34 percent from December 2018.

Lenders started the foreclosure process on 335,985 U.S. properties in 2019, down 9 percent from 2018 and down 84 percent from a peak of 2,139,005 in 2009 to a new all-time low going back as far as foreclosure start data is available — 2006.

States that saw the decline in foreclosure starts from last year included Nevada (down 30 percent); New York (down 28 percent); New Jersey (down 21 percent); California (down 13 percent); and Arizona (down 11 percent).

“With foreclosure inventory down and interest in that inventory up, it’s a good time for sellers with distressed inventory to sell while the sun shines,” said Daren Blomquist, vice president of market economics with Auction.com, which sold more than 50,000 foreclosure auction and bank-owned properties through its platform in 2019. “Foreclosure buyers still enjoy sizable discounts below estimated market value due to the distressed nature of foreclosure inventory, but the average sales price for foreclosure auction properties sold through the Auction.com platform rose to a new record high in 2019 even as the rate of sales to third-party buyers increased.”

Counter to the national trend, 14 states posted year-over-year increases in foreclosure starts in 2019, including Rhode Island (up 54 percent); Mississippi (up 39 percent); Georgia (up 24 percent); Arkansas (up 14 percent); and Louisiana (up 11 percent).

Those metropolitan statistical areas with a population greater than 1 million that saw a double-digit percent increase in foreclosure starts from last year included Baton Rouge, Louisiana (up 43 percent); Atlanta, Georgia (up 25 percent); Salt Lake City, Utah (up 17 percent); Orlando, Florida (up 16 percent); and Portland, Oregon (up 16 percent).

States with the highest foreclosure rates in 2019 were New Jersey (0.82 percent of housing units with a foreclosure filing); Delaware (0.73 percent); Maryland (0.66 percent); Florida (0.63 percent); and Illinois (0.63 percent). New Jersey has held the top spot since 2015.

Rounding out the top 10 states with the highest foreclosure rates were Connecticut (0.53 percent); South Carolina (0.52 percent); Ohio (0.48 percent); Nevada (0.42 percent); and New York (0.41 percent).

Among 220 metropolitan statistical areas with a population of at least 200,000, those with the highest foreclosure rates in 2019 were Atlantic City, New Jersey (1.33 percent of housing units with a foreclosure filing); Trenton, New Jersey (0.91 percent); Jacksonville, Florida (0.85 percent); Rockford, Illinois (0.82 percent); and Lakeland, Florida (0.81 percent).

Metro areas with a population greater than 1 million that had the highest foreclosure rate, including Jacksonville, Florida were: Philadelphia, Pennsylvania (0.75 percent); Cleveland, Ohio (0.73 percent); Chicago, Illinois (0.71 percent); and Baltimore, Maryland (0.68 percent).

U.S. properties foreclosed in the fourth quarter of 2019 had been in the foreclosure process an average of 834 days, a 1 percent decline from the previous quarter, but an increase of 3 percent from a year ago.

States with the longest average time to foreclose in Q4 2019 were Hawaii (1,712 days); Indiana (1,629 days); Arizona (1,434 days); Nevada (1,339 days); and Georgia (1,257 days).
  1. Wine caucus members urge United States Trade Representative not to target wine in trade disputes
  2. Commissioner Lara Appoints members to the Curriculum Board and the CIGA Board of Governors
  3. CDFA announces vacancies on Feed Inspection Advisory Board
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
How to resolve AdBlock issue?
Refresh this page