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…
According to a 2022 survey by CNBC, 23% of Americans think real estate is the best way to build wealth. Despite that, only 12% of survey respondents invested in real estate in 2022. Investing in real estate can be a great way to build wealth and achieve financial stability. However, not all locations are created equal regarding real…
Purchasing vacant land is an exciting investment or lifestyle choice, providing a unique opportunity to create something meaningful and personal from the ground up. However, thorough due diligence is critical before making such a significant investment. Fortunately, technology makes researching property details easier and more accessible than ever before. This article provides a comprehensive guide…
Owning a home is a keystone of wealth… both financial affluence and emotional security.