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Farm & Ranch

Land Market Report

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From Jared Groce

North Texas rural land sales proved to be very slow in May, with about half the closings that we had in the previous month. Once again, the rain seems to be keeping folks from wanting to look at land so far this year. There is still a strong demand from buyers, especially for rural, residential and recreational properties under 50 acres. Prices remain strong for the few properties that did close in May, and I anticipate the summer will be strong as well.

To read more pick up a copy of the July 2019 NTFR issue. To subscribe call 940-872-5922.

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Farm & Ranch

Ag Elsewhere: Wyoming

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By Tressa Lawrence

Despite some blue skies, March can still bring sub-zero temperatures to Wyoming as calves hit the ground.

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Farm & Ranch

Ag Elsewhere: Montana

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By Lindsey Monk

Welding on some corrals before dark. It’s been a mild winter in Montana so far, knock on wood.

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Farm & Ranch

Land Market Report: January Land Sales

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By Jared Groce

The rural land market in North Texas has had a fairly stale start to the year, with the number of transactions closed being minimal so far. There has been an increase in call volume from buyers, and some are turning into contracts, but I feel like we are still a little slower than we usually are at this time of the year. The “experts” are expecting fewer transactions in 2024 as compared to 2023, and they may be correct, because election years always seem to be slower. Once the election is over, and regardless of who wins, things seem to pick up once again. It is a strange phenomena that just seems to happen every four years.

With the amount of growth that we are currently experiencing here, I do not expect things to get any cheaper. More people means more houses, and they have to have land to build those houses on.

To read more, pick up a copy of the March issue of NTFR magazine. To subscribe by mail, call 940-872-5922.

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