LandThink

The answer to the question in this title is pretty straightforward – not only are large acreage recreational property values lower than they have been in almost ten years…

That old golf course is getting to be an eyesore. Those once manicured fairways are getting a little rougher than the former rough. And forget about pulling out your putter; you’ll need a chipping wedge just to get the ball across the green.

The big news on farmland values this week was the $16,750 per acre price for Iowa farmland. Even more shocking was that it topped the previous high price of $15,368 an acre a whole week before in another part of the state.

With uncertainty in Europe, tight credit markets and falling projections for demand for commercial office space and residential construction…

Most of the people in America are in agreement on one thing right now: our national economy is a mess. Those who keep tabs on the land markets across the country would share that sentiment for recreational and timberland tracts.