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Land Resources / News / Arkansas
Upswing in Arkansas farmland demand continues at record pace
Source: The Sun Times
Demand for U.S. farmland is dramatically higher than a year ago, and everyone is watching closely for indicators of any market correction. Rising grain prices continue to make land a profitable investment. As a result, landowners are using profits to acquire land, and investors continue to take notice looking for opportunities. “While 75 to 85 percent of land buyers continue to be farmers, interest among outside investors has risen,” said Lee Vermeer, AFM, vice president of real estate operations at Farmers National Company. “Despite the robust demand driving sales activity levels, reports show that lenders are taking a relatively conservative approach to lending. Strong profits the past few years have provided cash for farmer buyers, while investors are taking cash from other sources to rebalance portfolios.” June 14, 2011
Read the complete article from The Sun Times » |
