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Over the past 3 years it has been apparent that large acreage is not selling..... anywhere! From 2000 to 2007 raw land prices went through the roof. Buyers and Sellers alike contributed to this. Buyers were willing to pay anything to get their hands on a tract of land and sellers kept raising prices for raw land with really no basis to go on; besides the fact people would buy it no matter what. Now however, a harsh truth has hit the sellers of large acreage tracts especially in the Mountains of North Carolina. Land prices have bottomed! Bad for the … (0 comments)
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