In today's episode of The American Land Man Podcast, I am going on a little bit of a rant about the insane market prices that some people are listing their farms for. The fed keeps raising the interest rate and people still are under the assumption that they can get way above normal rates per acre and that's just not realistic at this point. We cover:
-The REAL Difference between listing price and what properties are actually selling for
-Why different types of land have different prices
-Why supply still vastly outweighs the demand in the land market
-When are land prices going to cool off
-When is inventory for land going to come back up
-How the interest rate hike from the fed is impacting the land market
-Why a 3 acre building lot can go for a lot more per acre than a 40 acre recreational piece
-How tillable ground on a recreational piece can influence the price
-Location is KEY!
And So Much More!

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