While this does not apply to all sellers, many sellers can take advantage of today’s market. Sellers who have high levels of equity are in excellent position to capitalize on the current real estate market. How, you say?
First you have to retrain your sellers to think differently. During the land boom sellers might get several [...]
Archive for the ‘Market Trends’ Category
Cooling Texas Land Market
Posted in Market Trends, tagged Texas land, Texas land markets, Texas ranches, Texas real estate on March 29, 2009 | Leave a Comment »
The Texas land market is beginning to show signs of cooling. In the second quarter of 2008, land prices failed to exceed 2007 2nd quarter prices. Ranch land sales fell 30% from 2007 levels and commercial land sales fell by even larger margins.
There are also signs of buyer resistance to seller asking prices and the buyer [...]
Foreign Money Buying Real Estate
Posted in General, Market Trends on August 8, 2007 | 1 Comment »
In 2006, the U.S. saw a large increase in the amount of land owned by foreign investors. The weakness in the dollar is drawing more and more foreign investors to consider purchasing property in the United States at a discount. Foreign agriculture land holdings increased approximately 8.6% in 2006 totaling 16.4 million acres.
The United States [...]
Rising Farm Prices
Posted in General, Market Trends on August 6, 2007 | Leave a Comment »
According to USA Today, the fastest-growing commodity in Florida farm country last year was land values, which jumped anywhere from 50% to 88%.
This is not completely unique to Florida. In fact, rural real estate prices rose on a national average of 11% in 2005. The chart below shows how those increases played out across the [...]