Farm & Ranch
Land Market Report: July 2021 Rural Land Sales
By Jared Groce
The North Texas land market is continuing on its crazy, skyward pace, despite slightly more inventory being available to buyers. Land tracts of every size are still in high demand, with an increasing demand for good cattle ground. I’m pretty sure I could never make a cattle program pay for land at these prices, but I am not a good cattleman anyway.
The prediction is for this market to continue on its current path at least through the end of the year. The fear of major changes to the capital gains taxes has many landowners cashing out while the capital gains rates are half of what they are saying they will be next year.
To read more pick up a copy of the September 2021 NTFR issue. To subscribe call 940-872-5922.
Farm & Ranch
Ag Elsewhere: Wyoming
By Tressa Lawrence
Despite some blue skies, March can still bring sub-zero temperatures to Wyoming as calves hit the ground.
Farm & Ranch
Ag Elsewhere: Montana
By Lindsey Monk
Welding on some corrals before dark. It’s been a mild winter in Montana so far, knock on wood.
Farm & Ranch
Land Market Report: January Land Sales
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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