A real estate expert with Farmers National Company expects land values to stay firm for the rest of the year but says the number of sales could decrease.
Randy Dickhut (Dick-hoot), senior vice president of real estate, tells Brownfield a combination of high commodity prices and low interest rates for buyers, paired with strong land values for sellers, has led to an active land market.
“As long as those factors are still in play and there’s nothing new on the tax policy changes, whether it’s prompting sales or to keep the land that will change a lot, I think we’ll see those firmer land markets,” he said.
