July 1, 2019
"Land values throughout the southern Plains states are as varied as the terrain. Farmers National Company has above average sales activity in the region compared to last year," comments Paul Schadegg, Area Sales Manager for Farmers National Company. High quality land has sold well whereas lower quality land saw a decline in demand and price.
With the uncertainties in agriculture right now, people are reaching out for someone they can trust to sell their land or to help them buy a property. Farmers National Company agents are fielding an above average number of calls from investors wanting to buy land. Agents are also getting calls from people who are thinking about selling in the coming months."
East Texas is an important timber producing region and Farmers National Company is handling an increasing number of sales of timber land as well as buyers who want to invest in this long-term asset. Texas ranchland remains stable to stronger, as the pool of buyers is large enough to absorb whatever might come up for sale.
Senior Vice President - Real Estate Operations
|Category: Agricultural Real Estate News|