Highlights
While overall median land prices steadily rose 4 percent, individuals and families continued to invest in land and account for 58 percent of buyers in land sales transactions, according to a 2014 Land Markets Survey, conducted jointly by the REALTORS® Land Institute and the National Association of REALTORS®.
In addition, the survey also revealed that 17 percent of land purchasers are corporations/partnerships, 17 percent are investors, and 10 percent are expansion farmers.
More Information
Read the REALTORS® Land Institute news release about the report.
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