Land Market Report: July 2020 Rural Land Sales

By Jared Groce

Rural land sales are still at a fevered pace, even in the dog days of summer. The mass exodus from the populated metro areas, along with a large supply of investors who are looking to park cash in a solid investment is what is keeping our inventory levels down and demand high. We are seeing inventory levels that are much lower than July 2019, thus the number of transactions in the following counties are down by a total of 17. I am confident that if there were more inventory, there would be many more transactions.

To read more pick up a copy of the September 2020 NTFR issue. To subscribe call 940-872-5922.