alabama land: Land Market Logjam
- 10/06/11 09:20 AM
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. From what I experience first-hand in Alabama and the anecdotal evidence from land professionals in other regions shows that in many locations across the country timberland sales are way down.
The bright spot in the land market right now is good agricultural land. Arable acreage in the Midwest and the Mississippi Delta is selling at all-time highs; bolstered … (2 comments)
alabama land: Better Investment: An Ounce of Gold or an Acre of Land?
- 07/20/11 09:11 AM
An Ounce of Gold or an Acre of Land? Yesterday I noticed that the price of gold has risen to $1600 per ounce, and the thought struck me that land in my part of west Alabama is selling for approximately the same price per acre. I posed the question to two local business owners whether they would rather own an ounce of gold or an acre of land. Both men responded that they would rather own land. This is an intriguing question about investing and value. Full disclosure, I am not a research economist, an analyst, or an investment advisor; I … (9 comments)
alabama land: The "P" Factor of Rural Land
- 12/14/10 01:46 PM
Last week during my visit to Wisconsin, I had a conversation with two managers of manufacturing facilities. The conversation turned toward deer hunting and eventually the topic of living in the country came up. The manager from Alabama said, "When I was buying my house and land, I gave my Realtor only one requirement. I told her I wanted to be able to "pee" off my porch." The manager from Wisconsin said, my house is in the woods and I can "pee" off my porch." Please understand I have wanted to write about this for a few months, but figured my … (3 comments)
This blog is hosted by Jonathan Goode, a land agent with AlaLandCo. It is designed to be informative and helpful to buyers, sellers, and anyone interested in land in Alabama.
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