Reasons for jumping on the car and buying land #infographic

Reasons for jumping on the car and buying land #infographic
Land remains one of the most available strong and trusted assets, with historically low interest rates and enormous increases in client trust. Driving the nation's current buying demand for land is a range of variables that all mean there has never been a better time to invest. These include factors such as increased new innovation desire, a nationwide construction boom, and strong lumber pricing futures.

Farm land, which represents 54 percent of the total land use of the country, is the outlier in the land real estate debate. While the U.S. contributes to agriculture and related industries at least $985 billion. Each year, GDP focuses much of today's interest in subway and urban land development. But times are changing, and the trend towards interest in ag-land is an inevitability of our evolving real estate landscape.

Agricultural land has a lot to offer, particularly for those smart investors who still trust their worth. Values for real property in the U.S. farm are up 2.3% ($70 per acre) from 2016 values, averaging $3,080 per acre in 2017. The U.S. cropland remained unchanged at $4,090 per hectare, while the price of grazing increased by 1.5% ($20 per hectare).

The driving force behind these increases in value is the limited amount of high-quality agricultural land for sale, as well as the growing demand for recreational land, rural home sites, and development plots as individuals get out of town prices and move further away from subway areas.

Reasons for jumping on the car and buying land #infographic

infographic by: www.landhub.com

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