Ag Land Trends

The Bottom Line

Ag Land Values continue to hold strong despite of the difficulty of getting financing, the threat of higher taxes with the possible cancelation of the Williamson Act contracts as well as an increasingly higher valued dollar. Why? There is basic belief out there that says, “I’d rather own producing farmland than own paper dollars!” We could not agree more. Two assets that remain strong during uncertain times are Ag Land and gold, and the difference between the two is that land provides income.

Current Conditions:

Properties available: Less than one would think, especially high quality properties.

            Demand: There is cash out there for the right properties at the right price.

            Outlook: Not a lot of properties being offered for sale and consequently, not a lot of sales happening. That may change if more land is placed on the market

 

“That’s the Bottom Line!”