Agricultural/Farm Land

Overview

On the surface, buying a farm has a very 'get away from it all' sort of appeal. The reality is that farming can be emotionally and financially stressful with success dependent upon many variables, including the weather, taxes, domestic and foreign competition, etc. The rewards, however, can be considerable.

References

We've already done the research for you. References (formerly Field Guides) offer links to articles, eBooks, websites, statistics, and more to provide a comprehensive overview of perspectives. EBSCO articles (E) are available only to NAR members and require a password.


Want to Buy a Farm?

New Farmers (United States Department of Agriculture)

Farming Giants Squeeze Out Smaller Operators (REALTOR® Magazine, Oct. 23, 2017)

From Boom to Bust? Farmlands Are In Trouble (REALTOR® Magazine, Feb. 9, 2017)

Beginning Farmers (Resource Guide, Cornell Small Farms Program, 2017)

Managing Farm Risk (Resource Guide, Purdue University Center for Commercial Agriculture, 2017)

Small Farms (Resource Guide, University of Minnesota Extension, 2017)

A Beginning Farmer’s Checklist for Buying a Small Farm (Hobby Farms, March 4, 2016)

5 Zoning Issues You Need to Be Aware of Before Buying Farm Land (Homes Blog, March 3, 2016)

How many acres do you need for a hobby farm or homestead? (Rethink Rural, 2016)

Financing Farm Property

USDA Farm Service Agency: Beginning Farmer Loan Programs (Center for Rural Affairs, 2018)

NCREIF Farmland Property Index (National Council of Real Estate Investment Fiduciaries, 2018)

USDA Loan Income Limits (NAR Washington Report, Jun. 15, 2018)

Value Added Producer Grants (U.S. Department of Agriculture)

Farm Financial Management and Financing Resources, (New Entry Sustainable Farming Project)

Farm Loan Programs, (United States Department of Agriculture - Farm Service Agency)

Funding Resources (Loans/Grants), (Beginning Farmers)

Farm and Ranch Mortgage Loans, (FarmerMac)

Farmland leasing good option for new farmers, (Poughkeepsie Journal, Apr. 7, 2016)

CFPB Looks to Expand ‘Rural’ Designated Areas (REALTOR® Magazine, Mar. 3, 2016)

Agricultural Property Values

Farmland Values Hold Strong (Successful Farming, Sep. 25, 2018)

U.S. Farmland Values Hit a Record Despite Trade Fears (Bloomberg, Aug. 2, 2018)

Tariffs, Rising Interest Rates Threaten U.S. Farmland Prices (Newsweek, Aug. 2, 2018)

Land Values: 2018 Summary (U.S. Department of Agriculture, Aug. 2018)

The Changing Roles of Urban Influence and Agricultural Productivity in Farmland Price Determination (Land Economics, May 2018) E

Sustainable Land Values and Price Premiums for North American Farmland (International Journal of Agricultural Management, 2016) E

Hobby Farms

Hobby Farms (EG Media Investment, 2018)

A Guide to Hobby Farming (Lands of America, Jun. 24, 2016)

When the IRS Classifies Your Business as a Hobby (Turbo Tax, 2018)

Goats, Alpacas and (of Course) a Hen: Life on a Hobby Farm (New York Times, Feb. 11, 2017)

Rise of ‘hobby farms’ means more growers get maimed, killed (The Washington Post, Nov. 28, 2017)

Starting a Small Hobby Farm (Resource Guide, Southern States, 2017)

Top 10 Tips for Starting Your Hobby Farm (The Spruce, May 28, 2017)

What Can I Do With My Small Farm? (Oregon State University Extension, Feb. 2016)

8 Ways to Reduce the Cost of Your Hobby Farm (Grit, Feb. 22, 2016)

Agrihoods

Luxury ‘Agrihoods’ Sprouting in More Towns (REALTOR® Magazine, Mar. 21, 2018)

Upscale Farm Living (You Don’t Have to Get Your Hands Dirty) (Wall Street Journal, Mar. 16, 2018) E

Rich millennials are ditching the golf communities of their parents for a new kind of neighborhood (Business Insider, Oct. 30, 2017)

10 ‘Agrihoods’ Growing Across the Country (Seedstock, Oct. 2, 2017)

Inside the “Agrihood” Residential Real-Estate Boom (Architectural Digest, Sep. 27, 2017)

Farm Life in the ’Burbs Is a Hot Commodity (REALTOR® Magazine, Aug. 9, 2017)

Seeds of a New Community: Farm Living Takes Root in the Suburbs (realtor.com, Aug. 9, 2017)

Behind the Rise of Farm-to-Table "Agrihood" Communities (CBS News, Aug. 7, 2017)

Inside the Agrihood Trend (REALTOR® Magazine, May 2017)

Useful Websites

Agricultural Statistics by State (National Agriculture Statistics Service)

American Farm Bureau Federation

American Society of Farm Managers and Rural Appraisers

Beginning Farmers

Census of Agriculture (United States Department of Agriculture)

Farm Beginnings Program (Land Stewardship Project)

Farmer Mac

Farm Loan Programs (United States Department of Agriculture - Farm Service Agency)

Find Your Local USDA Office (United States Department of Agriculture)

Publication 225 (2015), Farmer's Tax Guide (Internal Revenue Service)

REALTORS® Land Institute

Small Farm Funding Resources (USDA Rural Information Center)

eBooks & Other Resources

eBooks

Green Guide: The Complete Reference for Consuming Wisely (Kindle, eBook)

The Ultimate Guide to Growing Your Own Food (Kindle, eBook)

The Weekend Homesteader: A Twelve-Month Guide to Self-Sufficiency (Kindle, eBook)

Finding Good Farmland (Kindle, eBook)

The Back to Basics Handbook: A Guide to Buying and Working Land, Raising Livestock, Enjoying Your Harvest, Household Skills and Crafts, and More (eBook)

Buying Country Land (eBook)

The profitable hobby farm: How to build a sustainable local foods business (eBook)

Journals available through EBSCO (E)

Farm Industry News - For high-income farmers in 12 Midwestern states

Farmers Weekly - News & views about the business of farming, and topical technical information from independent experts designed to help farmers manage their businesses more effectively.

Journal of the American Society of Farm Managers & Rural Appraisers – Articles represent a cross-section of happenings in the various agricultural professions.

Journal of Farm Management - Publishes articles that survey and report on agricultural business management, including topics such as production, marketing, agricultural merchandising, new developments, research, and successful achievements in agricultural business management.


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The inclusion of links on this page does not imply endorsement by the National Association of REALTORS®. NAR makes no representations about whether the content of any external sites which may be linked in this page complies with state or federal laws or regulations or with applicable NAR policies. These links are provided for your convenience only and you rely on them at your own risk.

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