WHAT ARE THE REASONS RECREATIONAL PROPERTY IS A GREAT INVESTMENT?
•1) It's an investment that can be enjoyed! Whether hunting, fishing, boating or a small tract and cabin
for bird watching. It is a wonderful asset that can be enjoyed with family and friends. It's priceless,
you really can't put a high enough dollar value to time spent with family & friends.
•2) Also a diversifier of an investment portfolio. There are not many places where land values have not
increased in value at a percentage greater than the stock market has performed in the last several years.
It is a stable commodity; land remains through the highs and lows of economic influences.
WHAT ARE THE FACTORS BEHIND THIS APPRECIATION IN LAND VALUES?
Historically, when real estate prices gain good momentum it's usually because of one main reason pushing it. Today we are seeing several reasons affecting the market all at once.
•a. Baby Boomers looking to invest & retiring to rural areas
•b. Second home purchasing for recreational use
•c. Stock market performing poorly
•d. Ethanol production (pushing need for land to grow grains used)
•e. Increase in the US oil production (new technology for recovering from existing wells)
•f. Some types of properties can be income producers for Owners, this income creates added value to land prices.
The current trend seems to be toward continued appreciation of land values as these factors remain and influence the market.
HOW DOES MISSISSIPPI RATE COMPARED TO HUNTING AND FISHING IN OTHER STATES?
Mississippi is blessed with thousands of acres of woodlands as well as many lakes, rivers and the Gulf of Mexico that give us many opportunities to hunt and fish. State wide we enjoy a great hunting and fishing heritage. Thanks to the tireless efforts of the MS Department of Wildlife, Fisheries and Parks, private land management and statewide chapters of the National Wild Turkey Federation, Delta Waterfowl and the Quality Deer Management Assoc., we enjoy some of the best hunting and fishing in the US. With an estimated herd of 1.75 million whitetail deer, Mississippi has the densest population in America, along with an abundance of wild turkey and waterfowl.
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