Flaming Hot Rural Land Market Slows as Buyers Pull Back
Research just out from the Real Estate Center at Texas A&M by Dr. Charles Gilliland indicates that the recent buying frenzy is dying down and ranch buyers are becoming more selective. https://mailchi.mp/mays/reporttexas-rural-land-buying-frenzy-wanes What is the take away from this? It means buyers once again have the luxury to be more selective, taking their time to […]
Was Yesterday The Best Time To Buy A Ranch? Land Market Continues To Strengthen!
As a ranch buyer’s rep, I am frequently asked when the ranch market will soften or even crash with all the uncertainty in the world today. The answer is, “not yet”, and if 2008 is any indication, it won’t soften or crash. Long gone are the “mom and pop” ranches where the family had to […]
Has Texas’ land rush run its course? Record year ends with quarterly sales decline
NEWS RELEASE FROM THE REAL ESTATE CENTER AT TEXAS A&M A year in which Texas rural land sales reached unprecedented highs ended with a surprising slowdown. Total land sales for 2021 surpassed 2020 by 17.8 percent. That was despite a fourth quarter with 953 fewer sales than the same period of 2020. “There were 9,055 […]
Small Tract Feeding Frenzy!
In an earlier post, I mentioned that smaller rural tracts were in great demand here in Medina Co. This was not reflected in the stats from the Real Estate Center at Texas A&M, so I asked what size acreage was being tracked. Turns out, the tract size was concealing the boom. Once adjusted for 50 […]
The New “Normal”
Life goes on in spite of the Corona Virus. Nature is a great balm for a troubled soul.
Living With the Sleeping Giant
As a ranch broker with 30+ years’ experience in South Texas, and a Certified Wildlife Biologist specializing in the red sandy country, my business has been directly impacted by developments over the Eagle Ford Shale. I remember the last oil boom, the Austin Chalk. Although on a smaller scale, that boom occurred over much of […]
Living With the Sleeping Giant, Buying a Ranch in the Eagle Ford
As a ranch broker with 25 years’ experience in South Texas, and a Certified Wildlife Biologist specializing in the red sandy country, my business has been directly impacted by the recent developments over the Eagle Ford Shale. I remember the last oil boom, the Austin Chalk. Although on a smaller scale, that boom occurred over […]