The average acre price has almost doubled since 2002

Old McDonald Has a Gold Mine

Amid the sinking values of offices and shopping centers, the value of farmland increased almost 9 percent in the past year according to the National Agricultural Statistics Service’s 2008 summary. The average cost of an acre stands at $2,350, a record high, and $190 higher than 2007. The average acre price has almost doubled since 2002. Despite a slowing economy, encroaching development continues to push farmland prices higher, particularly in the Northeast, which has the highest price per acre of any region.

Land prices, once again, prove land is a great investment

This CIRE land price chart, once again, proves land is a great investment – plus it is not going to vaporize one day – like equities and stocks have been known to do.  We knew that, I’ve been investing in land since I was 17 years old.  Call me and I will talk to you about investing in land.  you must act now, while sellers are motivated.

Call Cindy or Brad Simmons to get you started in looking for that dream land – when is it your turn to have your dream?  859-319-5000 or 859-319-4000