Land Values in Central NY
JAMES MARTIN 08/18/2013 @ 6:09am
In Central NY, land values crashed in 2009. They have not recovered.
Recently I tried to sell a 70 acre piece of farmland and was told it was worth less than what a paid for it years ago. Rental prices here are laughable. $25 per acre in some areas. Why not move, people say, you can't sell your land!!! Land is CHEAP here(not by the lake where the rich folks live) if I were younger, I'd expand and buy 300 more acres at these prices. Also, hay is cheap here.
3 Things to Watch This Morning, Wednesday… By: Jeff Caldwell11/26/2014 @ 7:39am
Pre- and post-holiday market volatility. Watch for market volatility the remainder of the week in…
What About a One-Year Fixed Cash Land Lease? By: Jeff Caldwell11/25/2014 @ 12:08pm
Don't want to lock into a multiyear fixed cash land lease, but don't want to commit to…
Get Ready For Your Next Iron Auction By: Jeff Caldwell11/25/2014 @ 9:19am
Heading to a machinery auction soon? Don't go in unprepared! Used equipment prices have…