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Farm & Ranch

Land Market Report: April 2020 Land Sales

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By Jared Groce

Someone said, “If the year 2020 were a drink, it would be hotdog water.” Not a bad analogy at all, in my opinion, but things could always be worse. The land market has remained somewhat steady for the month of April, despite all of the turmoil going on in the world today. We are certainly seeing an increase in the number of buyers in the market today, which should turn into more closings in the next 30 to 60 days. Some of that is due to the time of year, as spring is always a busy time for the land market, but this year seems to be different with buyers from the metro areas wanting to get out, or at least have a place they can get out to.

To read more pick up a copy of the June 2020 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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