February 2025
Farmland values continued to climb in many areas in 2024, but the increases were more modest compared with recent years. Experts say prices are likely to dip in 2025. “It’s a mixed bag,” says Steve Bruere, president of Peoples Co., an integrated land solutions firm headquartered in Des Moines, Iowa. “For every sale you think…
Survey compares transaction data across 10 regions. Sector performance has been volatile in commercial real estate, but “land demand has held on very well,” said Lawrence Yun, chief economist at the National Association of REALTORS®, during a webinar highlighting results of NAR’s 2023 Land Market Survey. “By type of land, residential, industrial and timber land…
Owning a home is a keystone of wealth… both financial affluence and emotional security.